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ERP Solutions play a vital role in helping businesses to collect, organise and store data but combining ERP solutions with additional third-party software such as Power BI is where businesses can really move ahead of the crowd.
Leveraging Power BI alongside your ERP solution can convert raw data into actionable insights and unlock the true potential of your data and uncover deeper insights into finances, operations and customer behaviour to enhance decision making.
Power BI is a comprehensive business intelligence suite from Microsoft which uses data visualisation to transform raw data into enticing visual dashboards, graphs and charts, making it easier to identify trends and gain actionable insights to speed up decision making.
Every day businesses are generating masses and masses of data, which is good news, but it can be overwhelming to analyse, and often important insights are missed, or decisions are made too slowly. The key lies in utilising third-party tools that can help you simplify the data analysis process, identify trends and make the most of your valuable data.
Integrating your ERP solution with Power BI can bring a host of benefits that enhance your business operations and decision-making capabilities. Let’s take a look at some:
By linking your ERP with Power BI, your data and dashboards will continuously be updated with real-time data. In fast-paced or competitive environments this is vital to ensure timely decision making.
Integration creates a unified data source by consolidating information from various departments, reducing data silos, which can be very harmful, and promoting a holistic view of your business.
No two businesses are the same and therefore each business will have different needs. Power BI is flexible and allows you to create customisable dashboards and reports based on your unique requirements and KPIs.
Power BI offers advanced analytics features, including predictive analytics, which help you forecast trends, identify risks, and uncover opportunities based on historical ERP data.
With real-time insights and advanced analytics, decision-making becomes more data-driven and strategic. This integration fosters a culture of informed decision-making across the organisation.
Automating reporting processes through Power BI reduces the manual effort required for data analysis, leading to significant time and cost savings.
The ability to quickly access and analyse real-time data allows your business to respond swiftly to market changes and evolving business needs.
Power BI’s intuitive and easy-to-view reports can be shared easily among your team meaning that even non-technical members of your team can access and understand the data too.
Are you ready to take your data analysis to the next level and unlock your true business potential? The new Data Connector application in Opera 3 SE integrates the solution with Power BI so you can harness the benefits explored above to drive efficiency, enhance data visibility and support strategic growth.
We would like to show you the integration in action! Contact us today to organise a free bespoke tour of Opera 3 outputting data to Power BI.
Posted On: November 07, 2024
