The data can include sales, inventory, production, customer orders, and more. With the vast amounts of data now being processed by ERP systems, it is essential to have a tool to help process and make sense of all this ERP data.ĮRP systems contain a great deal of data that can be used for Business Intelligence purposes. The role of BI in ERP systems is becoming increasingly important. Why Business Intelligence is practical in ERP systems The goal of BI is to help an organization make better decisions, improve its performance and get a competitive edge over other businesses. All these factors help in increasing the efficiency of an organization.īI is not only used for decision-making but also performance monitoring. ![]() BI can be used in all aspects of business, from marketing to finance to operations.īI in ERP helps analyze human resources productivity and satisfaction with work and helps take corrective measures. ![]() ![]() This can help them make better decisions about their business. BI tools allow users to analyze their business data points and find trends and patterns. 8) Conclusion What is Business Intelligence (BI)?īusiness Intelligence refers to the process of turning data into insights.
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