What’s the difference between ERP and BI software? These are two pieces of software that are often confused, muddled up and each perceived to be something they are not. What they are however are two very distinct pieces of software that do very different things.
What is enterprise resource planning software? It’s about collecting, storing and interpreting data from many business activities
As anyone can see, technology has changed the way people interact with one another. But it hasn’t just impacted human connection – it’s changed the way we go about everyday processes and changed our priorities.
This change has been especially noticeable in the business world. Companies are interacting with customers in different ways, and collecting data has become an increasingly important task. However, business in general is often slow to adapt to changes – just look at how many people still list their fax number in their email signature
Businesses today have more data than they can shake a stick at. Transactions, invoices, call notes, social media interactions, customer details and much, much more. Managing this amount of data can quickly become a crippling issue. As such, most businesses are using enterprise resource planning (ERP) software to better manage their mounting data stacks.
While incredibly useful for generating invoices, monitoring transactions and keeping your finance team in check, ERP software is simply not enough for the fast pace of business today, no matter what industry you are in