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Business intelligence software delivers financial insights

Business intelligence software unveils hidden insights in your data, empowering smarter business decisions. 

Discover how to find the right BI software for your business needs.

Elevate your business with comprehensive business intelligence software solutions

Unlock the potential of your business with advanced business intelligence software that streamlines operations, boosts financial insights, and enhances decision-making. When considering ways to store essential financial data, act on real-time information, and improve operations, turning to business intelligence tools and software becomes essential for growth.
Income Statement AP Analysis Customer Aging Maine Florida California Texas Revenue by Entity Controller Dashboard Cash on Hand $5,086,913 Revenue YTD $1,015,540 Cost of Sales $32,868 Gross Profit $982,671 Net Income YTD $815,481

What is business intelligence software?

Business intelligence software provides insights into people, finances, operations, sales, and other aspects of your business. This helps your business improve your processes, performance, and profitability.

Business intelligence tools will typically gather and analyze financial and operational data from various sources into one central platform and present the data into reports and dashboards. These tools enable you to create accurate financial reports, monitor performance and eliminate blind spots to avoid any nasty surprises that could hamper your business’ growth.

Ditch manual reporting with intelligent reporting tools

Manual reporting can take far too long, and for business leaders, time is a valuable resource. It’s important to have an overview of company finances and cash flow at a glance.

Business intelligence systems offer the perfect solution; it’s quick and easy to create financial reports and gain visibility into your organization’s financial status. Plus, integrated cloud-technology makes it possible to keep your team informed and ensures accurate data.

When you and your team have the right business intelligence tools required to collaborate on financial information in real-time, your business can overcome many challenges.

Business intelligence systems typically includes features such as:

  • Data integration: Your BI solution should connect to and access data from different sources, such as databases, data warehouses, cloud services, web pages, etc. Data integration helps you create a comprehensive and consistent view of your data.
  • Data analysis: This feature allows you to analyze your business data to identify trends and patterns. Data analysis helps you answer questions, test hypotheses, and make decisions based on your data.
  • Data visualization: Instead of reading through raw data, display your data rich charts, graphs, dashboards, or maps that help you understand your data better and discover patterns, trends, and outliers.
  • Real-time reporting: Business intelligence tools can generate financial reports quickly and easily, so you can gain visibility into your organization’s financial status.
  • Data security: It is important that your BI solution safeguards and protect your data from unauthorized access, misuse, or theft. Data security helps you ensure data privacy, compliance, and trust.

The benefits of business intelligence software

Whether you run a small business or mid-sized organization, the right business intelligence tools can help your business run more efficiently.

Make smarter decisions

Improve business decision making with rich insights into your data.

Simplify financial reporting

Easily build reports that suit your company’s unique needs

Gain more control

Manage business finances and key operational data in one place.

Boost efficiency

Save time and money by automating data analysis and report generation.

Improve productivity

Give your team and stakeholders access to data and insights.

Explore our business intelligence software solutions

Empower your business with data-driven insights using a business intelligence software for your business financials and operations.

Sage Enterprise Intelligence

A comprehensive, fully integrated business intelligence and data management solution for businesses of all sizes.

  • Real-time data access
  • No special expertise required
  • Intuitive viewing through a web interface, mobile devices, or Excel
  • Fully integrated with Sage 300cloud, Sage 500 ERP, and Sage X3

Sage Intelligence

A cloud-based BI tool and reporting solution that makes generating and sharing reports and dashboards easy. 

  • Cloud-based deployment
  • Ready-to-use reports and dashboards
  • Excel integration
  • Compatible with a wide range of Sage products
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Sage Intacct SaaS Intelligence

A business intelligence solution specialized for SaaS and subscription-based businesses.

  • Real-time visibility into key SaaS metrics
  • Automated analysis of all customer subscription activity
  • Increased competitive advantage
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Sage Intacct Ministry Intelligence

A business intelligence solution that helps faith-based nonprofits improve decision-making

  • Real-time data access
  • Save time and money on reconciliations and audits
  • Make smarter decisions about how to serve your congregation
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Sage Intacct Project Intelligence

A BI solution that helps service and project-based companies gain insights into their utilization, profitability and project health.

  • Real-time, customizable dashboards
  • Make data-driven staffing decisions
  • Gain performance insights on new service offerings and automation initiatives

Additional web-based ERP tools and resources

Explore our host of online ERP tools and resources to discover the perfect solution for your company.

ERP direct deposit

Take the headache out of managing payroll with automated direct deposits. We make it easy to pay your employees on time, every time.

ERP implementation

A successful ERP implementation isn't always easy. It helps if you understand the needs and pain points of your business, and how a solution addresses them.

ERP for small businesses

As a small business owner, you must be savvy about planning key projects. ERP helps you streamline routine operational tasks, cut costs, and save valuable time, provided you pick the right solution.

Business intelligence software FAQs

Business intelligence software refers to a set of tools, technologies, and processes that help organizations collect, store, and analyze business data to make informed decisions. These software solutions gather data from various sources within a company and transform it into meaningful insights. Business intelligence software enables businesses to track their performance, identify trends, analyze historical data, and create reports or visualizations, aiding in strategic planning and decision-making processes.

The five basic tasks of business intelligence are:

  1. Data Collection: Gathering data from multiple sources, including databases, applications, and external platforms.
  2. Data Storage: Storing the collected data in data warehouses or data marts for efficient retrieval and analysis.
  3. Data Analysis: Utilizing various analytical tools and techniques to examine the data, identify patterns, and extract meaningful insights.
  4. Data Presentation: Presenting the analyzed data through reports, dashboards, and visualizations to facilitate easy understanding by stakeholders.
  5. Decision Making: Using the insights derived from data analysis to make informed business decisions, optimize processes, and achieve organizational goals.
While data analytics and business intelligence (BI) are related concepts, they have distinct differences:

Data Analytics: Data analytics focuses on the analysis of historical data to identify trends, patterns, and correlations. It involves applying statistical algorithms and machine learning techniques to uncover insights and predict future outcomes. Data analytics is broader in scope and can involve advanced statistical modeling and predictive analysis.

Business Intelligence: Business intelligence, on the other hand, is more focused on querying, reporting, and data visualization. It deals with the interpretation of existing data to support decision-making processes. BI tools help in creating intuitive dashboards, reports, and interactive visualizations to convey the analyzed information to business users. While data analytics often dives deep into specific questions using complex algorithms, business intelligence provides a holistic view of business operations through user-friendly interfaces.
No, business intelligence is not an Enterprise Resource Planning (ERP) system. While both ERP and business intelligence play crucial roles in managing business information, they serve different purposes.

Business Intelligence: Business intelligence focuses on the analysis of data to generate actionable insights. It helps businesses make informed decisions based on historical and current data.

Enterprise Resource Planning (ERP): ERP refers to integrated software solutions that manage core business processes such as accounting, human resources, inventory management, and supply chain operations. ERP systems facilitate the flow of information and streamline business operations across various departments within an organization.
Companies use business intelligence in several ways, including:

Performance Monitoring: Tracking key performance indicators (KPIs) to assess the performance of the business in real-time.

Data Analysis: Analyzing customer behavior, market trends, and operational data to identify opportunities and areas for improvement.

Forecasting: Using historical data and predictive analytics to forecast future trends and demand, aiding in inventory management and production planning.

Strategic Planning: Making data-driven strategic decisions, entering new markets, launching products, and optimizing pricing strategies based on market analysis.

Customer Insights: Understanding customer preferences and behavior to enhance customer satisfaction, personalize marketing efforts, and improve customer retention.

Operational Efficiency: Optimizing internal processes, identifying bottlenecks, and improving overall operational efficiency based on data analysis.

By leveraging business intelligence tools and solutions, companies can gain a competitive edge, adapt to market changes, and enhance their overall business performance.

Get practical advice on optimizing your business with business intelligence

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