ERP and business intelligence solutions are a set of prebuilt solutions which are aimed at delivering intuitive and role-based intelligence to all the staff members in an organization right from the front-line employee to the senior most managers. These business applications are aimed at ensuring that the entire system can aid in better decision-making, ensure informed business actions and smooth flow of various business processes.
Those who have previously indulged in programming and database development and implementation would surely agree that the use of database management and ERP systems developed by ERP software companies in Dubai has become quite common in the recent times. Therefore, any ardent database management expert out there should understand the critical role that these business intelligence applications and enterprise accounting software play in an organization. Remember, databases are not just created to store data and archive. The same data is required for purposes of decision making from time to time.
These business intelligence applications are normally created for use in heterogeneous cases. Therefore, these solutions are meant to enable an organization to gain the right amount of insight from a diverse range of sources and applications. These applications might include as a minimum; Oracle e-business, Siebel, PeopleSoft, and other third-party applications such as SAP.
What are BI applications built on and what are their benefits?
Oracle business intelligence applications and ERP resource solutions are normally built on the Oracle business applications suite enterprise software edition. The said applications are then used to help organizations get to understand and explore their full potential. These business benefits include inbuilt best practices, rapid deployment, and lower TCO. A business can still extend the same business intelligence solutions so as to suit their internal needs and requirements.
Therefore, BI solutions are mainly used to enable a wide range of businesses of whichever size to thrive. This is achieved by making sure that these businesses are now able to discover the various ways through which they can strategize, optimize their business operations, plan and even capture new market opportunities for increased sales and profits. Therefore, the role of business intelligence applications is felt in three major ways. These are:
Business performance management
Business intelligence applications and ERP systems by ERP solution providers in UAE help businesses to forecast and plan with more precision. These applications also help businesses to align their finances and critical business operations. The same applications go further to accelerate business reporting processes thereby leading to increased transparency and consumer confidence in your business.