Business Intelligence (BI) tools help business managers make the right business decisions at the right time by making information available to them in an understandable way.
We detail the main characteristics of Business Intelligence tools.
Learn how Business Intelligence tools can help you move from strategy to tactics.
You can have a complete Business Plan , which includes a good budget and clearly defines the strategy to be followed by the company. You can even have different scenarios defined to make different decisions depending on the circumstances that arise. But there is something very important that must be ensured within the company's decision flow : the transition from strategy to tactics .
To facilitate the transition from strategy to tactics, it is essential to have up-to-date and error-free accounting, as well as a Business Intelligence (BI) tool that facilitates decision-making.
More and more managers are looking to rely on clinics email list Business Intelligence tools that help them avoid making mistakes, as they simplify the extraction and analysis of data, converting it into useful information for decision-making .
Business Intelligence in the business environment
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Features of Business Intelligence Tools
Among the most notable features of Business Intelligence tools we can highlight the following:
They provide customized reports to all functional areas of the company: accounting , warehouse, human resources, sales or production.
They extract data from all the programs used in the company, but also from external sources, such as customers or suppliers.
They facilitate the interpretation of information to speed up decision-making. There is no point in having the information if we are not able to interpret it .