Your ERP is generating tons of transactional data on a daily basis. But many companies are still using manually-compiled, static reports with data that is days or weeks old. This results in reactive rather than proactive decision-making, producing after-the-fact rather than forward-looking analyses.
Many business executives acknowledge the importance of a central platform for reporting and analysis in order to gain a single version of the truth across the organization, and to gain competitive advantage through advanced capabilities like more accurate sales forecasting and predictive analytics. However, achieving this is often easier said than done.
