4 Ways to Make Business Intelligence Implementation Successful
With the need to gain insight into company data ever increasing, businesses across the globe are seeing the need for business intelligence. It is growing substantially in response to the constant demand for quick, accurate, and user-friendly business information to stay on top of changes and keep up with a fast-paced business world. As businesses and information technology (IT) teams have implemented business software solutions, they have struggled to obtain the value from it. Business intelligence (BI) solutions in the past have tended to be highly centralized which required the IT department to furnish many reports which, in turn, required general users to seek the assistance of IT to complete reports. Because of this challenge and the extra steps required, business intelligence platforms were being underutilized. The reality is that many companies are still suffering from this today.
With these concerns in mind, many businesses are exploring options to replace existing solutions with one that easily creates reports and provides more real-time and relevant data. If you are in this same boat, you are certainly not alone. The good news is that BI solutions have improved significantly. As you look to replace or supplement your current solution to achieve better business intelligence results, here are 4 ways to make the implementation of additional or new solutions successful.
- Use a Balanced Approach when Making Decisions
When it comes to deciding which BI platform would be most beneficial for your company, balance is key. Your IT department should not make the final purchasing decision nor should end or general users of the platform handle everything. The complete set of company requirements should be assessed and incorporated into the final decision and should be made by a team of people who serve a variety of roles within the organization.
- Match the System’s Capabilities to User Needs
Doing the opposite of this is the biggest mistake companies make when it comes to implementing business intelligence solutions. It is imperative that actual user needs match what the system is able to do. If it doesn’t meet their needs, they will not use it. Make sure you have established the reporting capabilities your users require. Then, find a business intelligence solution that includes those features. Failing to do so could result in wasted money and wasted potential.
- Plan for Training Costs
In order to break the cycle of having a solution that is underutilized, employees will need to feel comfortable with and be very familiar with the solution you choose. This requires adequate training on the system before they can begin to use it on a daily basis. In addition to the initial training, continue to provide ongoing opportunities to enhance learning and expand use of lesser known features throughout the year so BI users can fully embrace the system.
- Be Willing to Make the Necessary Investment in Business Software
In the long run, refusing to invest in BI will not save money and will be costly to your company. True business intelligence can sort through huge amounts of data and provide you with the answers you need to make effective business decisions. Without it, time and money will be spent where they didn’t need to be spent. Not only that, but the quality of what is produced will be greatly lacking compared to what BI can offer.
Mindover Software offers many business intelligence solutions to meet your company’s needs. One such solution is Sage Business Software. Sage 300 ERP’s flexible and powerful Intelligence Reporting is a cost-effective solution that transforms disparate data into meaningful information. We are here to help you as you find and implement the best Business Software for your company. Please contact us today.