For any business, data, analytics and technology are the main fundamentals for continuous growth. However, this brings a lot of questions – what data do you need to analyze? What technology can help you grow?
The answer to these questions is a business intelligence platform. A business intelligence (BI) platform is a technology that helps businesses get actionable insights on their financial and other processes to guide their decisions and achieve their goals.
However, with various BI platforms available in the market from countless businesses, choosing the best business intelligence platform for your business can be tricky. To help you out in this regard, here are some of the key factors you can consider when selecting one:
Key decision-makers like CXOs and partners rely on the latest business information to take necessary action. The bestbusiness intelligence platform must thus help them by providing instant and updated information on business performance.
For example, ZikZuk Technologies’ Business Finance Manager (BFM) helps businesses and their key stakeholders stay updated on their financial performance anytime and anywhere with their mobile app.
Analytics is one of the key features to look for in a BI platform. Each business process is driven by some key metrics based on clear rules. The best business intelligence platform must thus provide you with metrics to get an insight into business performance.
BFM syncs with your Tally account and analyzes your crucial business data to provide numerous insights like customer payment behaviour, cash flow performance, and inventory performance.
Data security is a crucial concern for businesses. Thus, many of them hesitate to adopt BI tools that will be used by many employees. This necessitates a business intelligence platform that can restrict access to users based on their role in the company.
BFM stands as the best business intelligence platform as it employs a role-based access control to ensure that not everyone in the company can conduct high-level tasks and access highly sensitive information. Business owners can quickly go to the BFM app and set user controls based on responsibilities and competency.
Implementing a business intelligence solution is a crucial initiative in any business. While significant organizational support is needed to implement it, selecting the right solution that aligns with your goals is also essential.
BFM is the best business intelligence platform in India and helps businesses stay on top of their financial performance anytime and anywhere. Moreover, it also provides several benefits like – automated payment reminders to clients, cash flow forecasting, detailed business reports and more. Visit www.zikzuk.com today to know more.