Managing payroll is a very meticulous task that even a minor error could cost expensive damages. While managing payroll in-house is the best way to be in control of your finances, challenges in payroll processing are inevitable and are never just a basic back-office task.

  Business Intelligence addresses many issues that companies face today in terms of organising data and extracting value from it. All divisions of an organisation can benefit from business intelligence, but the department which can benefit most from it is Finance. Being the core of the business’s financial activities, BI can help optimise all the functions of the finance department, maximising accuracy and profitability. Here are certain BI capabilities which makes it a perfect tool for your Finance department:

  Social media has become an integral part of the consumer’s buying journey—from brand awareness, to consideration, to building their preferences, to purchase decisions, re-purchasing, and loyalty. Many businesses are making use of social media to build and promote their brand, however, not all are able to integrate insights and have an in-depth understanding of what all their social data mean. Social intelligence is something that all businesses should cultivate, as it is a great approach to delve into the minds of consumers on a very personal level. Here are the top reasons why social media and business intelligence combined spells success for your business!

You have definitely heard about BI/Business Intelligence, but have you seriously considered its impact on your business towards the very near future? With data insights taking center stage as the main basis of business decisions, Business Intelligence adoption will continuously evolve to be a necessity rather than a luxury for all businesses. As Business Intelligence keeps on getting better and much smarter, here are the inevitable reasons why you should adopt the technology as soon as possible and not later. Why? Read on.

Oftentimes, the Human Resources department is the last one to be considered when adopting Business Intelligence in a company. That shouldn’t be the case, however, as hiring the right people is the very first step to make an organization flourish.   What business owners haven’t realized is that Business Intelligence can be a valuable tool in streamlining and automating HR processes, helping the department land the best candidates and maintain healthy relationships with employees. Here are the ways on how to improve HR practices with the help of Business Intelligence.

Many present-day businesses have incorporated technology in their daily essential functions, almost impossible to live without. However, there are still a lot of conservative businesses out there that stick to what has been the norm for years. Truth be told, technology is inevitable. Unless your business is going to embrace it, (this is certainly without exaggeration as studies have proven it) consider yourself being eaten up by competition. Knowing that 65% of SMEs lose time and money by not using technology to its full potential, haven’t you really considered employing smart technology such as SME business intelligence tools to increase productivity and grow your business? Here are the key reasons why you should no longer ignore what Business Intelligence can do for your SME.