ERP Consultant Blog

Using Sage 50 Business Intelligence to Drive Profitability

Written by Adrian Montgomery | Tue, Aug 07, 2012

To start, let's clarify that business intelligence is not simply a category of software - it is a process of gathering data and analyzing it to make more informed decisions. Most people use "business intelligence" every day to run their business. The question is, how reliable is that information? How long does it take to get answers? Are you able to get the information you really need?

An automated business intelligence tool lets you create powerful, customized reports that give you more than data - they give you answers. For example, with the Sage 50 Business Intelligence dashboard you can see profit and loss for the month, top 5 customers, top 5 products, and top 5 business expenditures. How much data would you have to export to Excel and how many reports would you need to run in order to get that snapshot of your business?

When you automate your business intelligence, you are sure to have one version of the truth, rather than various outdated spreadsheets floating around the office. You reduce the time it takes to create meaningful reports and you get your questions answered faster, which can mean a lot when running a small business.

The bottom line of automated business intelligence is that when it is leveraged correctly, it allows for accurate, agile and dynamic decision making. It is a competitive advantage for small businesses facing the challenges of the economy and the marketplace today.

Sage 50 offers an integrated business intelligence solution that delivers automated reports in the familiar interface of Microsoft Excel. By implementing Sage 50 Business Intelligence, your small business can:

 

  • Access critical information when needed, thereby improving collaboration and productivity
  • Get accurate reports delivered in a number of ready-to-use Excel report templates directly from Sage 50 data, thereby saving time, automating workflow and eliminating redundant data entry and human error
  • Make insightful decisions based on key business information delivered in a multi-dimensional dashboard format with the ability to quickly drill down to details, thereby gaining competitive advantage
  • Secure business integrity, thereby protecting sensitive information from unauthorized access or manipulation