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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

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

Pile of invoices
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Enterprise Resource Planning (ERP) systems seem to have been around since the dawn of man. I’m pretty sure Neanderthals used an ERP system to note down how many bison or deer they killed during their last hunt.

Despite the dominance of ERP systems throughout the business world, we regularly see headlines with proclamations of their imminent demise, as though they are soon to be replaced by new software developed by another teenage whizzkid in his bedroom during his downtime between stints on World of Warcraft