Software’s Ability to Play Nice with Others Saves Time, Reduces Errors and Increases Profits
In a perfect world, all of your business software – CRMs, HR systems, financial systems, etc. – would integrate well with each other, allowing you to automatically extract, consolidate and report on pertinent data for the purpose of better decision-making. This level of integration would also reduce human errors by cutting down on data re-entry, thereby saving boatloads of time and money. Unfortunately, we live (and work) in a not-so-perfect world.
Let’s take a quick look at each of these big benefits.
Everyone can agree on the importance of saving time – time that could be used to develop new products, provide a higher level of customer service, improve internal processes, or better manage your staff. One of the most effective ways to save time is to integrate and share information from one system’s database to another. This ability to share key information at crucial times helps streamline operations and helps you make better decisions about your area of responsibility, be it at the organization, department or project level.
The avoidance of human error is something few organizations have mastered. There is always a human element to a business process. The goal, however, should be to limit the opportunity for human error to the greatest extent possible. When systems can integrate data between each other, either directly or through a third-party solution such as BIAdvantage, the chance that human error may occur is greatly diminished.
BI Advantage, an easily customized cloud-based business intelligence rules engine, sets itself apart from the “self-serve” business intelligence solutions on the market because it pulls data directly from the source record. This eliminates the need to base your decisions on second or third-generation data, and at the same time limits human interaction with the data thereby lessoning the chance for error. Lesser products commonly used for business intelligence purposes, like Excel for example, require manual entry of source record data as opposed to automated data import. This process is flawed if the goal is to limit mistakes.
Ultimately, what you (and your key stakeholders) seek most are profits. These elusive profits are more easily realized when decisions are based on “perfect” data. While the search for perfect data is never-ending, BIAdvantage comes close to making this panacea a reality. Users are able to access, consolidate, review, and share via customized reports the most up-to-the-minute and accurate data directly from the source record. This level of integration, and the collaboration that it fosters, results in nearly perfect data on which to base your money-making decisions.
When this powerful product functionality is combined with our 15 years of consulting experience, the result is a profit-enabling business intelligence solution that C-suites everywhere can trust to help run their business.
As we’ve illustrated, a wide range of benefits flow from integrated, consolidated and automated data. The ability to access, review, amend, and base decisions on data contained in one centralized database – no matter what business software originally generated it — ensures that you can quickly react to changing market conditions and stay ahead of the competition, thereby generating the profits you so eagerly seek.
Let us know if you would like more information on eliminating human errors from your data.