What is Business Intelligence?

Bringing the right information, to the right people at the right time

 

Most organisations have a mass of data, and most organisations produce reports showing performance against budget and progress against operational targets. This is a basic requirement for all organisations, but falls way short of a BI solution.

Put simply, BI starts with the corporate strategy, drills down to critical success factors and key performance issues, and delivers an end result that allows management to understand business performance and to identify issues via a dashboard. The dashboard will often be interactive, enabling management to view performance across time periods and across operating units.

The skill of putting together Business Intelligence solutions is to understand the organisation, to work with managers in order to define their information needs, and to create a single dashboard report that is clear, concise and draws the reader towards the key information. At OFC we are so confident that we offer a free consultation to review existing reporting systems. Contact Atholl Craigmyle on atholl.craigmyle@optimalfinancial.biz or 07947 740287