What Role Does SAP Play in BI Tools? Can You Say Unification?
BI Tools on a Single Platform
This latest release from SAP takes the company’s BI tools and integrates specific elements with a new version of its risk, governance and compliance tools. The resulting technology solution is available on a single platform, one that is designed to easily plug into other BI tools software solutions, including ERP (enterprise resource planning) applications. One of the benefits of delivering this unification in the BI tools is to ensure the common look and feel across all of the available applications. This not only helps to drive user adoption, it also ensures that the platform is used for its intended purpose. Nothing is worse than selecting a software or other technology implementation meant to save your company money and find out that no one will use it.
Dashboards Matter in BI Tools
In addition to the unification on the single platform, this update from SAP also ensures that BI tools and reports are embedded and available on dashboards. This helps to drive integration across the organization so that all users can view information and understand the data that is being captured and analyzed. Plus, BI tools in the dashboard help to create a graphical tool to define and depict risks. It also helps to deliver far greater transparency, control and support for corporate strategy. New products within this BI tools platform not only make the product easier for all users, it also enables them to more easily communicate risks to you or other business managers, especially if access is limited.
BI Tools Help to Ensure Proactive Business Management
One of the biggest challenges that you or other decision makers within your company face is to tackle issues as they arise. If you can proactively manage the business and make decisions based on intelligence, you would be able to eliminate many of these issues before they ever occur. And, because BI tools can be easily integrated into core business processes and applications, executives are better equipped to manage the business strategically and in a way that is completely proactive. You will enjoy smarter decision making processes and those to whom you report will enjoy more accurate execution on those decisions, as well as improved results.
BI Tools and Your Strategies
Keep in mind that your strategy is generally something that you consistently keep on the dashboard so it can be seen at all times. BI tools help you to develop that strategy in such a way that you can design all of your processes to fit with that strategy. As a result, you can not only produce the desired results, you can also more effectively control the outcomes.