ERP systems are designed to manage and control various business operations. But what good is all that data if you can’t make use of it? That’s where business intelligence and reporting come in.
Business intelligence (BI) is the process of turning data into insights that can help you make better decisions. And reporting is the process of presenting those insights in a visually appealing and easy-to-understand way.
Both BI and reporting are vital components of an ERP system. Without them, all the data in your ERP system would be useless. In this article, we’ll show you how BI and reporting can help you get the most out of your ERP system.
Why Choose Microsoft Dynamics 365 Business Central ERP for Your Business?
Most enterprise resource planning (ERP) systems offer some form of business intelligence (BI) and reporting functionality. However, the features and capabilities of these tools can vary widely from one vendor to the next. Let’s look at some of the key features to look for in an ERP BI and reporting solution.
- This is an out-of-the-box solution that provides you with the ability to create insightful reports and dashboards.
- The solution is fully scalable and can be easily customized to meet your specific business needs.
- The reports module in Microsoft Dynamics 365 business central ERP provides you with a wide range of customizable report templates.
- The Dashboards module gives you the ability to create interactive and visually appealing dashboards.
- You can easily share reports and dashboards with your colleagues and clients.
The following table covers key business intelligence and reporting functionality in Business Central you can learn to use.
|1||Use standard reports (bookmark, run, print, schedule, and change the layout).||Use Reports in Daily Work|
|2||Discover more about built-in reports in Business Central.||Report Overview|
|3||Use in-client features or Microsoft Excel to perform ad hoc data analysis.||Ad-hoc Data Analysis|
|4||Work with Business Central’s built-in analytics tools.||Built-in Analytics|
|5||Integrate Business Central with external business intelligence tools.||External Business Intelligence Tools|
|6||Change report layouts or create your own reports from scratch.||Developing reports|
What are Some Best Practices for BI in Business Central?
Business Intelligence (BI) is essential for any business that wants to make data-driven decisions. BI allows businesses to collect and analyze data to gain insights into their customers, their operations, and the marketplace.
There are many different BI tools and techniques that businesses can use, but not all of them are created equal. To get the most out of BI, businesses should follow some best practices.
Some of the best practices for BI in Business Central include:
- Use data sources that are reliable and accurate.
- Clean and normalize data to ensure accuracy.
- Use multiple BI tools to get a complete picture.
- Get input from business users to ensure that the BI system meets their needs.
By following these best practices, businesses can maximize the benefits of BI and make better data-driven decisions.
Where Can I Go For More Help with BI in Business Central?
If you need more help with business intelligence (BI) in Business Central, you can find a number of resources online. Microsoft offers a variety of BI resources on its website, including tutorials, videos, and whitepapers. You can also find a number of BI tools available for download on the Microsoft website.
There are also a number of BI consulting firms Such as Web Masters LLC the best BI consulting firm and Microsoft Dynamics Partner that can provide you with additional help and resources. Firms like Web Masters LLC typically have a team of BI experts who can help you with all aspects of business intelligence, from data warehousing to data visualization.
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