Is It Time For A New BI/Analytics System?

Posted by Ashley Lemus on Fri, Oct 21, 2016 @ 04:37 PM

 

Is your organization in desperate need of replacing old, manual Business Intelligence (BI) tools?  Maybe it is and you just don't know it yet. 

 

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BI translates to technology-driven processes for analyzing data and presenting information that will help companies improve the decision making processes at all levels of management.  An outdated BI system will show several warning signs such as wasting time, harming decision-making, and keeping organizations from taking advantage of their data.

 

While your SMB may be an expert at collecting data, a powerful BI will help you to analyze the data you've collected into actionable information, allowing the decision makers the opportunity to identify trends and issues in order to fine-tune operations to meet business goals.

 

Here are 4 signs it's time to update your BI/Analytics system:

 

1) You're still using spreadsheets

If your enterprise is growing rapidly and still relying on spreadsheets, it's time to consider updating your BI system.  In a growing business, you will need a system that enables real-time data sharing and updating.  

 

2) You rely on reporting and planning tools for decision making

A key component of BI analytics: the tools. Depending on what your organization needs, basic tools such as reporting, planning, dashboards, and data warehousing can make all the difference. Reporting tools are vital to remaining competitive in your industry, making smart decisions while building the business and the brand, while financial reporting is such an important process that you should see what the best option is for your organization as well as what fits into your BI strategy.

 

3) You have Independent Software Vendors to streamline your processes

Data integration options, platform choices, and ease of use are things to consider when investing in a BI tool. Planning tools include budgeting and forecasting, and are offered by Independent Software Vendors (ISV) to streamline you organization’s planning processes and accelerate budgeting and forecasting.

 

4) You love dashboards

Dashboards are top proprieties in terms of software that executives are seeking. Why? Dashboards make consolidating information into digestible bits easy. With dashboards, you have access to graphs, charts, and scorecards that illustrate trajectories, victories, and challenges through key performance indicators (KPIs) and your information to effectively keep a project or the entire company on track.

 

Some software, such as the BI360 suite, offer a complete Excel and web-based suite, comprised of reporting and budgeting, and dashboards. These signs above may help you make a decision on whether or not you will be needing a new BI/analytics system. 

 

 

We would love to speak with you about how Klear Systems can benefit your organization.

Give us a call at (949) 681-8135,
email us at info@klearsystems.com
or complete the form below and we’ll reach out to you.

I Want to Learn More!

 

 

Tags: Small Business, Business Intelligence, Helpful Tips

5 Key Aspects When Considering Business Intelligence

Posted by Ashley Lemus on Wed, May 25, 2016 @ 01:15 PM

A powerful Business management solution and Business Intelligence (BI) are the perfect combination for growing mid-sized enterprises.

 Business Intelligence (BI) solutions can help you uncover new opportunities, quickly react to business changes, and make faster, more precise decisions.

 

With BI functionality you can finally go beyond the limits of spreadsheets to get a real-time overview of your data, and transform it into actionable information. You can easily connect to ERP transactional data and utilize the intuitive tools you need to deliver fast and accurate analysis.

BI unlocks the power of your data and delivers true visibility. By leveraging the integration between BI and your business management solution, you will reduce time-to-decision and improve the coordination of operations across your organization.

Improve access to key information with a modern BI solution that provides self-serve analytics and reports via an easy-to use spreadsheet, web and mobile interface. With reporting templates, data visualization tools, and a fast data processing engine, BI becomes the perfect supplement to your business management solution, leading to faster, more informed decisions.

 

When considering a business intelligence solution, there are 5 key aspects to keep an eye out for:

1. Leveraging Real-Time Date

By integrating real-time BI with your company's business information systems, you are able to supply your business units and management with accurate, up-to-date information, in a structured and timely fashion.

 

2. The Importance of Financial Reporting

When selecting a solution, make sure that it is adaptable to your organization's unique financial reporting requirements, in order to avoid additional manual handling and processing of reports and data.

 

3. Enabling the Business User

If your business users are empowered enough to run queries and develop their own custom insights and reports, you remove the burden of report generation from IT staff and free up talent to focus on more business-critical activities.

 

4. Interactive Data Visualization and Mobility

A BI solution that supports access via mobile devices not only increase productivity but also allows managers to make timely decisions even when they are on the go.

 

5. Cross-Departmental Collaboration

Business Intelligence not only facilitates timely, fact-based decision-making, it also allows you to easily share information across your organization based on security and job role.

 

In short, business is more complex than ever before. Data is constantly coming in from a variety of sources and systems. You barely have time to sort through the deluge, much less interpret it and generate timely analysis. You know you need to be agile to respond to changing economic conditions, but the volume of data is simply overwhelming. Instead of wishing for more, you find yourself wishing for better, more concise information.

 

Enjoy this free white paper and learn what new opportunities modern business intelligence solutions can help you uncover.  

  Send Me My Free Whitepaper!

 

Tags: Business Management Software, Sage Software, Business Intelligence

5 Warehouse Management Technology Trends Gaining Momentum in 2016

Posted by Kimberly Tucker on Thu, Feb 25, 2016 @ 05:06 PM

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When it comes to managing your warehouse, if you want to stay competitive and improve profitability, you will need to evaluate and adopt crucial technology trends.

Take a look forward to the trends that are shaping the warehouse management industry.

#1: Digital mobility via Cloud
Mobility continues to impact the business landscape and businesses are moving their systems to the cloud in droves.

In 2016, there will be continued integration of mobile devices and business.
With business applications available via any mobile device, employees in every function will be able to collect, analyze, and report on information on any smartphone or handheld.

Large companies already accept mobile payments, but that capability will soon be expected across the board. New mobile technology in the form of wearables will also move into warehouse, sales and mobile field service.

On-premises applications are rapidly being replaced by cloud applications because cloud software offers efficiency and cost savings.

As a result, subscription models are becoming commonplace. This trend is strong in warehouse management with cloud applications for inventory management, mobile sales, and mobile field service.


#2: Increased Cybersecurity 
Increased connectivity means that security threat detection and mitigation are high priorities.

The unrelenting adoption of cloud, mobile, and social media have significantly increased the complexity of how corporations and individuals interact with and try to protect their devices, systems, data, personal information, and money. Self-protecting applications and behavior analytics stand to improve security.

 

#3: Big Data means Big Changes
Users are becoming increasingly global and consuming more data.

Big data analytics and the Internet of Things (I0T) will continue to impact how we do business. IoT is about interconnecting and creating intelligence from all the devices around us.

This game-changing technology will offer enormous cost savings and massive productivity enhancements in the future.

The sheer volume of data is staggering, but it offers a world of opportunities for businesses to better manage inventory, improve customer relationships, and enhance daily operations.


#4: System Integration
System integration across all applications continues to gain momentum.

Connectivity and big data further drive the need for all business systems, including warehouse management, to be operating on a common database.

Business application companies will create more partnerships to enable seamless transfers of information and a single point of access.


#5: Business Intelligence
People have an increased appetite for more advanced analytics to answer deeper questions.

Visual analytics will serve as a common language, empowering people to reach insights quickly, collaborate meaningfully, and build a community around data. Advanced analytics are for everybody, not just the analysts.

Business intelligence will continue to impact the management of inventory and the entire supply chain.

 

For more information on modernizing your warehouse, 
empowering your sales force, or enabling mobile field service, please contact us today! 

I Want to Learn More!

Tags: Cloud Business Management, Distribution, Warehouse Management System, Business Intelligence

Cloud-based Business Intelligence Puts Data to Work for Your SMB

Posted by Kimberly Tucker on Tue, Oct 27, 2015 @ 04:44 PM

Cloud-based business intelligence puts data to work for your SMB

Until fairly recently, business intelligence (BI) was exclusively utilized by large enterprise organizations with large budgets and serious data-analysis capabilities. Thanks in large part to the cloud computing revolution, powerful BI capabilities are now available to virtually any business regardless of size allowing small and medium-sized businesses (SMBs) to gain powerful insight without the deepest pockets.

Business intelligence enables the transformation of raw data into meaningful and useful information for business purposes.

Raw data can be gathered from many sources and be put to many uses. for example, a business could align and compare customer profiles, sales history and transaction data to improve customer service, boost sales and tighten the sales cycle.


Business intelligence offers two primary benefits to SMBs:

  1. Better insight and management of operations now

  2. Better projections and planning for the future future


Even the simplest BI will uncover useful trends and cross-selling opportunities that translate to positive revenue opportunities and growth. Data in its raw form can be overwhelming and one dimensional but with a few BI analysis tools, insightful patterns surface and plans for optimization result.

Many businesses focus their BI efforts on sales and finance data for its abundance of clean, more organized data and the high-value target for ROI.  However, there is much to be gained from insights available from inventory, purchasing, manufacturing, and customer service data too. The focus of each organization will be the compass to guide what data is most important.

BI offers much broader potential benefits as well. BI is organized like accountancy but useful for decision makers at every level of an organization's structure. BI allows employees to see the organization's efficiency outlined in one unified format that makes perfect sense in a specific area. This makes BI essentially important to measure the effectiveness of any business in any industry.

Sage business intelligence allows your SMB to work smarter, not harder.

Because resources are so important, SMBs typically prefer cloud solutions that require minimal IT involvement and offer self-service capabilities that allow them to access, integrate, explore, and analyze their data.  A cloud-based BI solution is a great starting point for SMBs because it provides a simple way to implement without major IT investment, keeping costs low but seeing meaningful benefits quickly.

With all the recent technological advancements in the areas of cloud and big data, the only true requirement for a business to launch a BI program is a fast, reliable internet connection.  With this and a web-based BI, a few of the many benefits include instantaneous access to data, convenience to analyze anywhere, and a higher comfort level that comes from working with the familiar form factor of a web browser. 

The bottom line for SMBs comes down to focusing efforts on the areas promising the greatest return.  Historically the recipe for growth starts with analyzing BI data on the most valuable customer information, such as past purchase history and behavior.  The next step is to act on those BI insights by engaging in personalized data exchange with customers to gain understanding as to why they are loyal customers and to uncover opportunities to attract new prospects and convert them into loyal customers, too.

It all starts with BI.

For more information on Business Intelligence,
Please contact us today!

  I Want to Learn More!

 

Tags: Cloud Business Management, Small Business, Business Intelligence, Helpful Tips

4 Ways Sage BI Helps ERP Users Work Smarter, Not Harder

Posted by Kimberly Tucker on Tue, Sep 01, 2015 @ 12:54 PM

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When combined with the data powerhouse of Sage 100 ERP, Sage business intelligence software allows companies to take full advantage of their data on all fronts.  This information can be used to analyze an organizations operations, make changes to gain efficiency and therefore increase revenue as a result.

Check out 4 ways to work smarter, not harder with Sage Business Intelligence below:

  1. Gain Informational Insights 24/7
    ERP and business intelligence truly create an all-in-one storage platform for an entire organization's data. For example, customer order information can be connected with inventory management and other operational data to provide a complete picture of a company's output. As a result, business intelligence tools allow companies to make connections between trends that would have not been immediately apparent otherwise taking the guess work out of projecting sales volumes or other important details.

  2. Document & Analyze Customer Behavior
    Because Sage Business intelligence allows companies to use every bit of data they have to their advantage, customer behavior is easily documented and available for analysis. As a result, business intelligence makes it easier to correlate customer behavior to business growth. Combining purchase behavior with data from customer relationship management (CRM) and even social media communications enables organizations to learn a limitless number of new things about their market and use these insights to increase revenue.

  3. Act and Adapt in Record Time
    Business Intelligence data allows companies to quickly adapt. Without BI, a manager is of course able to make a strategic decision based on separate sets of data but this first requires him or her to seek out all of the different data sets then sit down and review them.
    Sage Business intelligence removes these time-consuming stages and automatically generates easy-to-read reports that can be instantly shared via the cloud. The efficiency of business intelligence and ERP enables companies to use their time, resources and energy more effectively.

  4. Forecast The Future
    The forecasting features enabled by Sage Business Intelligence are some of the most beloved. Without BI, operations relied primarily on semi-educated assumptions. By using algorithms on historical data, business intelligence empowers companies to more accurately predict the future. Greater accuracy means stronger growth and fewer mistakes, things all companies can benefit from.


Companies with Sage 100 ERP should strongly consider integrating Sage business intelligence to increase efficiency and do more with the data they already have.

Smart companies track customer behavior, sales and inventory information and then they can use this data more effectively by harnessing business intelligence to piece it all together.

 

For more information on
Sage Business Intelligence,
please contact us today!

  I Want to Learn More!

 

Tags: Sage Software, Business Intelligence, Supply Chain Management

Improved Finance, Distribution, Organization Modules w/ Acumatica 5.2

Posted by Kimberly Tucker on Tue, Aug 04, 2015 @ 03:56 PM
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We are excited to announce the release of Acumatica 5.2!

In addition to addressing reported issues found in Acumatica 5.1, Acumatica 5.2 includes multiple improvements to the modules in the Finance, Distribution, Organization areas as well as the Customer Portal. 

A few feature highlights of Acumatica 5.2:

  • Microsoft PowerBI Content Pack enables users to import Acumatica data to view in Power BI for rapid, actionable insights
  • Consolidated Receivables for customers who have multiple branches, locations, or franchises
  • Web Service to automatically synchronize currency exchange rates
  • Ability to import Physical Inventory to Acumatica ERP via Microsoft Excel
  • Activities added to Projects in the ‘planned’ status
  • Customer Portal Welcome page has a new look with icons for easy access to links
  • Company Snapshot process improved
  • Relative Date Clauses now use parameters associated to the current date
  • Mobile applets for Employee Time Card and Activity now available


Check out the release notes for
a full description of all features:
 Release Notes for Acumatica 5.2

Catch Richard Duffy's full overview below: 

Acumatica Version 5.2 in Review from Richard Duffy on Vimeo.


These updates are part of Acumatica's ongoing effort to continually improve the product to better serve the end user which is a fantastic trait for a technology company - they really listen!


For more information on Acumatica 5.2
Please Contact Us Today!

 

Tags: Cloud Business Management, Acumatica Cloud-Based Solutions, Business Intelligence, Supply Chain Management, Accounting & Finance