What is Business Intelligence?
Business Intelligence (BI) is a set of technologies and processes that analyze the huge piles of data accumulated in the operational systems of institutions (ERP, CRM, e-commerce, cash register) and transform them into meaningful, visualized and strategic decisions.
Managers often have difficulty understanding the company's progress by looking at line-by-line tables. Business intelligence tools; It makes sales trends, profitability rates, customer segments that generate the most turnover and stock turnover rates understandable at a glance with instant graphics.
Advantages provided by business intelligence integrated with ERP
In traditional reporting, the finance team exports data to Excel, writes formulas, and does hours of manual work. This method is prone to human error and the data is already out of date when the report is prepared.
BYM BI system, which works fully integrated with ERP, is fed with live data sources. All management panels are updated instantly when an invoice is issued or a shipment is made; Thus, businesses take action based on the current situation, not on delayed data.
Critical dashboards for managers (KPI Dashboard)
The basic indicators that managers should follow regularly in a successful business intelligence setup are:
• Gross and Net Profitability Trends: Profitability changes by product, category and customer.
• Cash Flow and Collection Projection: Cash inflow-outflow balance for the next 30, 60 and 90 days.
• Stock Aging and Turnover Rate: Critical products that sit idle in the warehouse and create a financial burden.
• Sales Team Performance: Target realization rates, visit frequencies and bid closing successes.
Bu içerik genel bilgilendirme amaçlıdır. Mevzuat ve teknik sürüm bilgileri uygulama öncesinde resmi, güncel kaynaklardan doğrulanmalıdır.