August 18, 2017
Organizations dealing with huge information which are stored manually (in excel sheets, mails, etc.) can stall out the endeavour to perform even basic BI tasks or analytics. For example – Generating MIS reports collating data manually from different information sources like spreadsheets, whatsapp or mails, when information is not organized is practically a huge task and consumes lot of time and energy to analyse. This not only consumes bandwidth of costly resources but also slows down the progress of the organizations and takes away the agility factor from them. Analyzing data and coming to a strategic conclusion can be dealt in a much smarter way with the help of a Business Intelligence Accounting tool like EasyReports. Top management does not have to depend on the accountants anymore to get the MIS reports in the needed format and can now independently generate those reports in just few clicks and take calls of what needs to be done. Therefore, it becomes imperative for the organization to settle this BI torment and to invest in a BI Accounting tool like EasyReports that can automate all the manual effort of collating data from divergent sources, cleansing them, formatting them properly and synchronizing them to get the desired result.
Preparing Information is the Basic —
The New York Times reports that information researchers spend 50 to 80 percent of their time in gathering and preparing raucous computerized information from Excel sheets, even before it can be analysed. With EasyReport’s real time integration with Tally & synchronizing facility, it is possible to get proper information in a pre-defined format when you need it the most.
For example, when a client needs to blend a few Excel documents into one record to run calculations on all data combined, in most cases, if the data is not properly organized in a compatible way, they will require another instrument to set up the unruly information before it can be transferred into the BI device. Here comes the importance of a ‘full-stack’ BI like Easy Reports.
When the front-end of this BI deals with dashboards, reports, charts; the back-end ought to have the capacity to do the chaotic work of data synchronizing, slicing and dicing data from different dimensions and then representing them as information through rich interface of the front end, hence, achieving the end goal.
Why a Single, End-to-End Accounting BI Solution Is the Key to Success –
There are Business Intelligence (BI) tools that offer an extensive variety of abilities, yet at last, they are still “partial stack” and in this way they do not convey both the data joining and preparation required in the back-end together. On the other hand, a full-stack BI like Easy Reports provides users with clean and organized data ready to be analyzed in the dimension as configured by the user, which eventually leads to the generation of stunning reports as per your business requirement.
It is time to take quick steps to achieve the goal set for the organization – the first stepping stone being getting rid of the messy spreadsheets and implementing BI (like EasyReports) in the company not only from technology aspect but accepting the change in the organization from different levels of resources.