Tag: Business Intelligence

Leverage Tally ERP and Other Enterprise Apps with Integrated Analytical BI Tools

June 19, 2015

The Tally® ERP accounting solutions is one of the most popular accounting software solutions for small and medium sized businesses, helping businesses around the world to manage accounting and inventory records and produce simple reports.

If your business uses Tally, and you want to leverage the data within the system for analytical purposes, it is time to consider, business intelligence software that provides an integrated approach, so Tally users can utilize all the sophisticated analytical capabilities of a BI solution, and perform sales, financial and other analytics, in an affordable, easy-to-integrate and easy-to-implement BI environment.

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Tags Business Intelligence

Gartner Business Intelligence Summit – My Take

by Kartik Patel |

June 19, 2015

gartner-BI-summit

I attended the Gartner Business Intelligence, Analytics and Information Management Summit, 2015, held in India on June 9 and 10 in Mumbai.This was my first visit to the Gartner Summit, and I came back with some great insights, thoughts and – most of all – a real validation of the direction we are taking with our ElegantJ BI business intelligence and corporate performance management suite and current and future benefits our solutions provide for our customers and partners.

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Tags Business Intelligence

Handcuffing Users with Packaged BI Dashboards?

by Kartik Patel |

June 16, 2015

Business intelligence solutions have come a long way in the past five years with continued innovation and transformation from traditional BI to data visualization and data discovery. With the advent of improved BI tools and accessibility, many businesses are using precious IT budgets to add self-serve business intelligence to their solution infrastructure and put the power of self-serve BI tools into the hands of their employees and business users.

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Tags BI Dashboard, Business Intelligence

BI Tools Can Help Manufacturing, Supply Chain, Warehousing and Related Industries

by Shambhavi Vyas |

June 1, 2015

Business intelligence tools are applicable and valuable for every type and size business, and every vertical. When a manufacturing or supply chain company considers BI tools, they often fail to realize the true value of the data analysis and information they can glean and the improved business decisions, course corrections and customer, supplier, and partner satisfaction they can achieve.When an organization manufactures a product, it spends time, and resources to get that product out the door. In order to make money, the business must complete the process – get the product out the door, into the supply chain and into the hands of its customers, and other stakeholders. Perhaps that product will be combined with another product to produce an end result that is purchased by a customer. Perhaps, the product will fill the shelves of a retailer, or be used in a service industry, like auto mechanics.

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Tags Business Intelligence, Key Performance Indicators

Widgets Plus: KPIs that Make the Business Thrive!

by Shambhavi Vyas |

May 22, 2015

Key Performance Indicators (KPIs) are de rigueur these days, and that is a good thing for business. After all, it is hard to accurately plan for success when you are guessing at every turn. While small and large businesses alike are establishing KPIs, there is one thing that is not so de rigueur and that is establishing KPIs that are appropriate, objective, measurable and actionable! Yet, without those important considerations, KPIs aren’t worth the paper they are printed on – or the computer screen they are displayed on!

Appropriate Metrics: Let’s say that you own a company called, ‘Widgets Plus’ and that company manufactures (what else?) widgets. Among the factors that will affect business success: the quality and dependability of the widgets, competitive pricing of the widgets, supplying the right variety of widget sizes, and the timely supply of widgets to your customers. In order to establish appropriate metrics, the management team must focus on the key components of success rather than measuring the number of pens the staff used in the month of August or the average shipping costs for technical manuals. Of course, Widgets Plus cares about its expenses and it is in their best interests to control those expenses, but key metrics must focus on the things that are critical to business success, sales, corporate reputation, competitive positioning and product or service sales.

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Tags Business Intelligence, Key Performance Indicators

Don’t Drop Tally Solutions: SME Sales Teams Can Use BI to Integrate and Analyze Data and Leap Ahead

by Arbuda Dave |

May 19, 2015

Tally ERP is a popular software solution for small and medium sized (SME) organizations. As these businesses grow, the critical information contained within the Tally solution and other best-of-breed or ERP systems may decrease in value because of the restricted ‘silo’ environment in which that data resides. During the critical period of business expansion, it is more important than ever to have integrated, concise information with which to make product and service decisions, pricing and financial decisions and customer targeting decisions. For the sales manager who has been assigned the task to increase sales and to improve customer outreach, the data within a CRM and/or the Tally Solutions system is critical to success. As an organization grows from small to medium and from medium to large the management team must find a way to address more complex reporting and analysis needs using existing data, and the sales management team and sales professionals must depend on this information to drive performance.

Tags Business Intelligence

BI Tools Help Accountants and Financial Pros to Better Serve Customers and Partners

by Arbuda Dave |

May 14, 2015

So, you’re an accountant, or financial professional? You can analyze a spreadsheet with the best of them. You can credit and debit with and you explain any portfolio, chart of accounts, balance sheet or P&L to any client. You may think that Business Intelligence tools are not applicable to your role or function but think again!Consider the data with which you work. Numbers come from many sources within an organization and those numbers come together to paint a picture – or at least they SHOULD! Understanding trends, patterns and results can help you to help a client in ways you never dreamed possible. Using BI tools to manage your own business can also help you to achieve better results, do more for your customers, find and fix issues and capitalize on opportunities.

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Tags Business Intelligence

STOP! Read This Before You Start your Business Intelligence Project!

by ElegantJ BI |

May 7, 2015

The good news is that today’s business and IT managers are excited about business intelligence and value it can bring to the organization, its users and its bottom line. The bad news is that, in their zeal to run headlong into the business intelligence market, many businesses are making missteps and mistakes that will haunt them and diminish the value of the business intelligence solution, thereby degrading ROI and TCO.

A business can make numerous missteps on the path to business intelligence. Here are just a few of them:

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Tags Business Intelligence

ElegantJ BI Releases Integration API for Embedded Business Intelligence Analytics Within Applications

by Elegant MicroWeb |

April 8, 2015

ElegantJ BI recently launched version 4 of its BI Suite, with easy-to-use API integration for 3rd party applications. ElegantJ BI is the flagship business intelligence product of Elegant MicroWeb, a software company, located in Ahmedabad, India and specializing in Business Intelligence and Corporate Performance Management.Elegant MicroWeb CEO, Kartik Patel says, “Our new version 4.0 provides easy to use API through web services and Java script, to easily embed ElegantJ BI dashboards, reports, KPI and graphs into other vendor applications or in-house applications. This capability allows other vendors and in-house technical staff to provide embedded BI analytics and dashboards to their application users with fast, affordable implementation and mobile access.”

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Tags Business Intelligence

SMEs Take Tally ERP to the Next Level with Integrated BI – Part V Self Service, Personalized BI

by Arbuda Dave |

March 24, 2015

Tally ERP provides small to medium sized (SME) businesses with an accounting and inventory management solution. This solution is very popular among SMEs on the Indian subcontinent, in the Middle East, Far East, and Africa and other countries around the world. It is affordable, and easy to use for accounting and inventory management. Tally is a popular solution for small to medium sized companies in all types of industries. In Parts I thru IV of this article series, we discussed the need for expanding SMEs to consider an integrated Business Intelligence Solution that will provide more comprehensive, sophisticated, personalized and mobile views and analysis of integrated data from Tally ERP and other enterprise solutions. Parts I thru IV of this article series focused on reporting capabilities, integrated data compilation and analysis, mobile, secured access to data, and data mining and user personalization. Part V of this five part article series focuses on the importance and benefits of a self-serve business intelligence environment that will allow Tally ERP users to continue to leverage this solution as well as other technology investments.

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Tags Business Intelligence