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Global research reveals that 77% of enterprises lack real-time access to ERP data, leading to poor business outcomes and lost revenue.

Business intelligence empowers businesses to get the most out of their data by providing tools to analyze information, streamline operations, track performance, and inform decision-making. In the Microsoft Dynamics ecosystem, Power BI generates easy-to-read visualizations that help stakeholders perform key analysis. But finance professionals can encounter roadblocks when seeking deeper analysis than their technical knowledge of Power BI permits.

Thousands of enterprise ERP customers have discovered the convenience and flexibility offered by insightsoftware’s Wands products. If you’re currently running any of the Wands for SAP solutions, you should know about some recent updates to the product line that will enhance your team’s productivity, increase the options available for calendar-year reporting, and improve the underlying technology on which the Wands products are built.

Our Five Key Points: E-commerce is bigger than ever, with the pandemic propelling changed shopping habits and easier ways for sellers to get their goods online. As e-commerce becomes more of a driving force in the retail sector, it’s inevitable that online businesses will need the same types of support functions as brick-and-mortar businesses — including a fully functional ERP platform.

The phrase “We are only as strong as we are united, as weak as we are divided”, though coming from the fictional Albus Dumbldore character in the Harry Potter saga, can also perfectly illustrate the importance of ERP integration to companies. An ERP system is often considered to be the backbone of an enterprise whether it is an eCommerce, supply chain, manufacturing or healthcare business.

Product information, pricing, and shipping speed might be important to today's consumers, but e-commerce businesses know all too well that a personalized, streamlined shopping experience can make or break any deal, even if all other components line up.

Born and built in the cloud as an enterprise resource planning (ERP) solution, Oracle NetSuite enables organizations to create a unified view of their business. While it generates reports on enterprise performance, the platform wasn’t built to optimize the reporting process. For accounting and finance teams especially, the challenge makes it difficult to create flexible, customized financial reports.

If you found this article, chances are you already know why you need a solid eCommerce and ERP integration. After all, ERP is kinda of the backbone of any online shop; a master system, if you like, that allows you to effectively handle sales orders and order fulfillments, manage your supply chain and B2B partners, and keep track of the inventory, especially if you sell on multiple channels.

When it comes to big data, the general rule of thumb is "the more of it, the better." With more information at your fingertips, you'll be better equipped to run analytics workflows and uncover valuable insights for data-driven decision-making. However, there's another rule of thumb that applies in situations like these: "sharing is caring." Even if you collect massive quantities of information, its benefit will be limited if other people and software in your organization don't have access to it.