What’s the one thing that, if mastered, would dramatically accelerate your business processes and virtually eliminate poor decisions? COLLABORATION!
When people make poor decisions, it’s almost always because they didn’t understand how it impacted others or they didn’t have all of the facts. The same goes for mistakes. The root cause is usually due to outdated or inaccurate information. If, however, everyone across the company is working with the same information – well, an amazing thing happens...productivity goes up (along with morale), customer service improves, and – perhaps most importantly – your job gets a whole lot easier.
A game changer for small and midsize businesses
Information silos are a common problem for small and midsize businesses because data is typically stored in multiple places, like spreadsheets, programs, and even people’s heads. Decisions makers spend countless hours cobbling together information, only to find that their apples-and-oranges reports don’t give them the insights they need, and managers have to react to day-to-day issues without seeing the full picture. This is a huge problem in today’s competitive environment where profit margins are tight and customer service is critically important. “Getting instant access to accurate analytics is the primary driver in adopting ERP software,” explains Tanya Oleynikov, Manager of Business Application Services at Zantek. “It’s a game changer for small and midsize businesses.”
Tanya and her team lead SAP Business One implementation projects across Western Canada. The software delivers dashboards and reports that provide insights into all business areas. Intuitive, interactive drill-down functionality offers answers to the most pressing questions so employees can address customer needs faster and managers can accurately track revenues, costs, and cash flow to assess performance and take proactive action. For even faster information access, optional analytics powered by SAP HANA take real-time reporting and data analysis to the next level. It supercharges SAP Business One, making it lightning fast and able to analyze massive volumes of data in real time – without complicating your IT requirements.
What if you could…
- Access real-time business insights for fast, fact-based decision making
- Empower employees to quickly respond to customer needs and resolve issues
- Easily track key performance indicators (KPIs) and share results
- Run forecasts for more proactive, strategic business management
“With real-time business intelligence, you spend less time chasing down details and putting out fires and more time on revenue-generating tasks,” says Tanya. “All of your business data is centralized in one place so it’s always at your fingertips when you need it.”
Bottom line – Poor decisions and mistakes cost money (a lot of it!)
Most small and midsize businesses reach a point where, to continually grow, they need to empower managers with current, accurate information to drive the business. Business is a team sport – and all of the players need to be in the game.
Relevant links:
> Solution brief: Take your business to the next level with SAP HANA
> Article: 3 mistakes that growing businesses make – and how to avoid them
> Ask Tanya about SAP Business One: Submit a question