The connection between Business Intelligence (BI) and ERP is a set of various software, applications and practices that collects business information, integrates it and presents it to users after analysing it. It is like a machine that has the capability of not only storing complex data securely, but also analysing it and presenting the results to its users in formats they desire.
The connection between Business Intelligence (BI) and ERP integrates all departments of a business, collates the data and makes it easier to access. It helps the users in taking the right decisions by providing an accurate overview of the whole business. ERP in itself is a very strong tool that is vital in streamlining processes and resources. However, if armed with powerful Business Intelligence, the capability of an ERP system increases ten-fold and it becomes more dependable.
Importance of Business Intelligence in ERP Systems:
BI plays an extremely critical role in ERP systems by providing a bird’s eye view of the entire business in an easy-to-understand format along with predictions, analysis, trends and extrapolations. Some of the key elements of BI are:
- Data Analysis: This is the core element of BI where the large store of data collated from all functions in an organization is used for analysis and to guide management decisions.
- Data Legacy: With an effective BI Tool, the correct analysis of data can be made of the legacy data collected from previous processes or software as well. This analysis of legacy data without an effective BI Tool becomes extremely difficult otherwise.
- Faster and Informed Decision Making: If the right Business Intelligence tool is in place the organizations need not rely on assumptions for taking important decisions. BI helps organizations to interpret relevant trends and patterns from the collected data and enable the management to take quick & well-informed decisions.
Conclusion:
An ERP System with an integrated BI Software will yield all the information in one intuitive platform required for a business to take faster and better-informed decisions. Beyond ERP is one such ERP System which comes with a powerful BI Tool.
How YGL BeyondERP can help SMEs in manufacturing industry to adopt and implement Industry 4.0?
We Help Manage Industry 4.0 Implementation via ERP System
With YGL, you’ll be working with the most experienced professionals in the ERP industry. Whether you need short-term support or resources for a long term engagements, our ERP Consultants have the expertise to help you implement and integrate the ERP system requirement for Industry 4.0. With a core team of functional and technical ERP consultants that are both skilled and certified, we can quickly implement a robust ERP System to maximize the value of your investment.
YGL BeyondERP system applications allows you to enable a seamless workflow from your finance to warehouse and right down to your production efficiency by providing you the essential management dashboard which allows you to have a clear visibility.
As an industry leader in ERP system Implementation, we can be sure that each YGL consultants have the highest qualifications. We provide a wide range of ERP System Integrations with experience ranging from IOT(Internet of Things) right down to Data analytics on OEE (Overall Equipment Effectiveness), supporting all functional modules to complete project management for your project needs. All of our consultants are fully vetted for the project they’re submitted for, which means you’re only reviewing the most qualified consultants who do what you need done.
We Can Help to implement ERP System Integration under Industry 4.0
We look forward to hearing from you. Contact us today so that we can help you with our YGL BeyondERP which is strategy Industry 4.0 ready implementation needs heading towards Industry 4.0.
YglWorld PG (HQ)
35, SCOTLAND ROAD
10450 Penang Island
www.wasap.my/0104695491
YglWorld KL
Suite 9-10
Wisma UOA II,
Jalan Pinang 50450
Kuala Lumpur
www.wasap.my/0104695491