Business intelligence software

What is Business intelligence (BI) software?

Business intelligence is aimed at collecting and processing data that is present in multiple systems in your business processes in such a way that it can be used as management information for optimal control of these processes.

With BI software, a BI system or separate BI tools you can interpret and report the available data. BI systems are available for both large and small organizations.

Certainly with self-service BI solutions, business intelligence has become easier to apply for smaller organizations. Thanks to advanced dashboards and reporting tools, you know exactly what has happened in your business processes and what external influences there are. This allows you to better anticipate changes.

Why BI software?

Credit Device’s credit management software ‘Direct Debiteur’ has many options for reporting and providing insight to all users through dashboards and the management information module.

But with the help of  BI reporting software you can go one step further. By using BI in the right way, your organization performs better than yesterday, better than the competition and better than the market. What you need for this? The right information that is always up-to-date in real time.

By retrieving data from different places within your company, you can analyze and optimize business processes and discover patterns. This way you know exactly how trends can develop.

Even in the smallest companies, huge amounts of data can be found today. With the use of BI, you as an ICT department can create value for the entire organization.

Do you see the benefits of BI software, but do you still need to convince the rest of the organization? We have listed the most important advantages for you.

Always insight into business processes
Make decisions faster and easier
Extensively analyze customer behavior
Business Intelligence is for everyone

Excel vs. BI

If you want to report in Excel, the data must first be transferred to Excel. This can usually be done easily through the export functionalities of various applications.

However, all those reports often look different and have a different layout. This means that you then have to properly edit the data. Analysts therefore lose a lot of time to establish relationships between the various Excel exports and to apply formulas.

Pivot tables and pivot charts are mainly used to create beautiful reports. Is the report ready? Then the report is often sent by PDF or PowerPoint via e-mail to the various stakeholders who need these insights.

Conclusion: The reporting process is long. You spend an average of 90% of the time creating reports, leaving you with only 10% of your time for the analysis.

Reporting using a BI solution makes this a completely different story. Finally, the time-consuming steps in Excel for collecting and retrieving the data can be automated.

You only have to set up all the above steps once and then the BI solution automatically repeats the entire process, every time.

BI then processes that data: the relationships are established automatically, formulas are applied until the dataset is ready and the dashboards can be created. These dashboards can then be shared with the relevant stakeholders.

Conclusion: with BI you only spend 10% of your time making reports and you have much more time for the analyses.

BI as an addition to Direct Debtor

The API of our credit management software or the various export options available in DirectDebiteur ensure that you can automatically populate a data warehouse in a smart way.

By combining this data with data from other systems, a BI solution can offer you even more insight than the reports that are already available.

To be able to keep a good grip on the optimization of the various parts of your order to cash process, it is essential to be able to make good reports. Our order-to-cash solutions offer you everything you need to make (parts of) the O2C process within your organization run efficiently and automatically.

But without reporting options you are not (properly) able to retrieve the correct management and control information. This information enables you to recognize bottlenecks in the process and to further optimize the O2C process.

Diesis has a lot of experience in setting up extensive and insightful reports with modern business intelligence tools, such as Power BI. This enables you to report across the entire width of the organization with a consistent and uniform set of data.

Create reports with Power BI

To clarify your reports, graphs and dashboards for all employees, it can be useful to make the figures visual. Then Power BI is a good solution.

With the help of Power BI we offer a complete dashboard, in which you can view and monitor all necessary KPIs in various graph forms at a glance.

What is Power BI?

Power BI is a modern Business Intelligence tool created by Microsoft . Like other Business Intelligence tools, Power BI is able to combine data from different data sources and display it in a dashboard.

The difference with Power BI is that this data has been made visually attractive and that the dashboards can be laid out interactively.

For example, Power BI uses graphs to display the desired data. These graphs have the option to zoom in on the underlying information: information with which the graph is filled. End users can therefore zoom in further in the information provided.

The application of Power BI

Power BI is system independent software. In other words: the tool can be linked to various data sources and thus create insightful dashboards.

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Within the software you can choose from a list of standard links, such as Google Analytics, Salesforce, Facebook, Mailchimp, etc.

But other business applications such as Unit4 Financials (formerly Coda) and Diesis Billing are also easy to access. As a result, Power BI can be widely used within an organization.