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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

history-of-business-intelligence
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Business Intelligence is one of those buzzwords that’s been bandied about a lot in the past couple of years. There are so many definitions of what it is and what it isn’t that the lines have become somewhat blurred.

BI solutions simply automate the task of analyzing data. That’s it. It’s that simple.

This provides you with a better understanding of your company’s performance, creates a proactive sales culture and gives a complete customer view for the entire business. This ultimately streamlines the whole sales and marketing process

ERP and BI
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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