Like anybody else, the CFO is not immune to headaches. When business pains cause your head to pound, you take aspirin or its equivalent to stop it. But how does your small or midsize business (SMB) stop the business pains from reoccurring? For that, you need a big bottle of business intelligence (BI).
Label Warning: All Business Intelligence Solutions Are Not Created Equal
In shopping for your BI solution, you’ll discover huge gaps in capabilities exist between them. In most cases, it pays to limit your search to comprehensive, leading-edge BI solutions developed specifically for SMBs, such as SAP BusinessObjects Edge Business Intelligence. It gives you dose after dose of powerful medicine to help alleviate or just plain cure your business pains, like these:
Use Event-Driven BI to Take the Pain Out of Identifying Trends and Variances
Without a powerful BI solution, it can be difficult and sometimes impossible for you to identify trends and variances, such as increasing sales discounting in large lists of numeric data. In addition, it may be hard for you to link and match data across disconnected spreadsheets to help you understand the causes of trends and variances.
In both instances, SAP BusinessObjects Edge BI comes to the rescue with event-driven BI. SAP BusinessObjects Event Insight helps you to discover and understand business impact continuously by aggregating mounds of real-time events, adding contextual insight to what has happened, and then connecting and empowering everyone in your business ecosystem to prepare for immediate action.
Make it Easier to Optimize Inventory and Improve Inventory Cost Management
Managing supplier inventory and all of its associated costs, as well as optimizing inventory to consistently meet supplier and customer demand, are probably the cause of two of your most nagging business problems. SAP BusinessObjects Edge BI radically reduces this stress by giving you a unified view of production cycles to enable lower production costs and enhanced project management and production schedules. You get a new and vastly improved view of your capacity needs and inventory levels at all times.
Base Your Strategic Plans on Real-time Fact, Not Fantasy
If your strategic planning processes are built on partial data and gut feel instead of a fact-based understanding of the business, all that changes when you integrate and embed BI into your operations. With instant, powerful BI in your hands, you can strategize and take confident aim on the future.
On a daily basis, however, your business may require close to real-time decision making. Knowing exactly what is happening now is a critical requirement in the retail and transportation industries, for example. In such cases, it hurts the business to operate without real-time data to confirm your decisions. Sometimes the outcomes can make you ill, literally. The newest release of SAP BusinessObjects Edge BI ends these episodes with speeds five times faster than they have ever been. You get the critical information you need anytime and anywhere you need it – including instant mobile BI for field operations.
Learn More about the Antidote to Business Pains for SMB CFOs
Just follow this link to discover more about the advantages of SAP BusinessObjects Edge BI – the intelligent choice in BI for today’s SMBs: http://www.sap.com/mk/get/LOBWRCFO. We hope the information in our blog has helped you!