Turn A Bunch Of Data Into Actionable Analysis And Results
Enterprise resource planning (ERP) software collects and organizes all of the important business data that you generate. What do you do with the data? With the right predictive analytics and reporting features, you can turn data into insight and use the insight to drive business growth. Microsoft Dynamics® GP is robust business management software that offers both analytics and reporting features that will turn mountains of data into actionable insight.
The volumes of data that is collected in your ERP software can be very valuable when collected properly and actually used. Companies of all sizes use Microsoft Dynamics GP to manage financials, supply chain, manufacturing, project and services management, and other core business data. This particular ERP software solution also offers built in business intelligence and detailed reporting features. The Business Analyzer function will enable you to choose the metrics that are important for you to track. You can receive alerts when metrics are reaching a certain level, so that you can react quickly in response to that data. When tracking metrics, you can drill down to get more detail about the data you are monitoring and create or delegate related tasks to stay on track. Being able to access real time financials will enable you to take advantage of a new opportunity before your competitors snatch up a potential customer.
By connecting sales orders with purchasing and customer data, you will end up with a lot of powerful data about the products and services you offer. Using the Business Analyzer and powerful reporting features in Microsoft Dynamics GP, you can identify your best-selling products and top customers. Taking that information to the next level, you can create marketing campaigns around the products that sell well. Knowing top customers will enable you to improve cross-sales and up-sales around the products that your best customers purchase. Focusing on your most profitable products and customers will optimize profitability.
Collecting data in ERP software is the most efficient way to connect internal operations and get a big picture view of your business. The data that you collect is only useful if you have an ERP system with powerful analytical and reporting functions, like Microsoft Dynamics GP. Contact PANGEA Business Solutions for more information about getting the answers you need to drive growth by using Microsoft Dynamics GP.
By Alexandra Gonzalez with PANGEA Business Solutions, Microsoft Dynamics Partner out of Florida