Finance and Accountancy Briefing
SageInsight: Business Intelligence - Improving business performance
Business Intelligence (BI) software is a powerful interactive analysis and reporting tool that combines data from multiple internal systems to give an overview of the organisation's performance. The software is designed to allow managers with no technical knowledge to analyse the current situation, monitor changing performance indicators and make decisions on any corrective action.
Whereas large enterprises transfer detailed information into an intermediate database, called a ‘data warehouse', medium-sized and smaller organisations typically transfer summary data from various systems into a separate dedicated multi-dimensional database. This provides ‘a single version of the truth' that can be accessed by specialist tools or through an interactive link to a spreadsheet.The multi dimensional nature of the database allows the data to be analysed and reported in a number of different ways.
Download this paper for further information on how to leverage Business Intelligence and improve business performance.
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