2 minute read
It is well known that in a digital landscape which is only getting faster, the thriving businesses are those that know how to use data in their favour. Accountants aren’t the only ones who can benefit from a business’ financial insights, CEOs, operations managers and sales teams should all utilise these insights for their business plans. This is where Sage 200 Evolution comes in play, an advanced accounting and ERP solution which simplifies financial management, but also is a powerful asset for business intelligence and analytics.
Importance of Data Analytics
Companies need to begin realising their data is one of their most valuable assets. However, a long list of numbers is not only daunting to interpret, but do not mean much on their own. Creating data means linking these numbers with information, which helps businesses:
Using Sage 200 Evolution, data regarding financials and operations is no longer hidden in spreadsheets or isolated systems. It is instead accessible, organised and ready to use.
Constant Access to Data Means Better Reporting
Sage 200 Evolution has built-in reporting features allowing you to generate detailed reports whenever you need about any aspect of your business, whether it is your financials and inventory or customer trends and supplier performance.
Other features include:
Customisable Dashboards: Cater dashboard layouts for different departments and teams, providing them relevant information for their tasks and goals.
Automated Financial Reports: Schedule reports at regular intervals to remain informed and up to date on all aspects of your business.
Don’t Miss Any Details About Your Business: Despite being able to remain up-to-date on all the major aspects of your business, drill-down to the minor transactions in order to have a full picture of your business operations.
Utilising these features provides you with the opportunity to take on a proactive role in management, being able to catch problems before the escalate and identify opportunities early on to get ahead of competition.
Making Data-Driven Decisions In All Business Departments
Sage 200 Evolution’s analytics capabilities make each department more informed and prepared:
Interested in knowing more about Sage 200 Evolution? Contact us today to find out if we can provide you with the solution to help your business thrive.
