The software is a free version,upgrade it into the registered version,please visit the website to access more. www.officeconvert.com Why You Should Consider a Business Intelligence Solution Yes, we know, you've heard it all before - the jargon from big companies trying to sell you expensive software that you're fairly sure you don't need. And what is Business Intelligence (BI) anyway? As images of computers in suits go through your mind, we'd like to take this opportunity to introduce ourselves and give you a very quick overview of the benefits of investing in BI or enterprise performance management (EPM) software. We're not going to get into the technical side of our software - we can save that for later when we've persuaded you about all the benefits and business advantages you'll see when you begin to use BI. Today, we're only going to take a short time to discuss the functions we think you'll find useful in running your company. Data everywhere. Intelligence nowhere. If this sounds familiar, you're probably struggling with spreadsheets, prepared for you every month by your line managers. Problems with spreadsheets crop up when people add or subtract columns or rows or have differing interpretations as to what goes where. Often, the data is out of date by the time it gets to you and stragglers make your month-end, not to mention your year-end, a nightmare. A BI solution will gather, store and provide instant access to mission critical information. It will vastly improve the speed at which you can calculate and consolidate your data, allowing you to make comparisons in seconds and make much better business decisions. Pinpointing profit and loss If you don't have accurate and timely information, it's very difficult to analyse operational effectiveness. We all know that we need to keep our costs low to maximise our profits and stay ahead of the competition. And we probably all have a general idea as to where our profit losses are occurring. But we need to stop guessing and start knowing. Your BI solution will help you to identify areas that are failing to meet objectives and encountering cost overruns, allowing you to make mid-course adjustments to correct the situation. Currency conversions Depending on the scope of your operations or projects, accurate and timely data is critical, but so is accurate and up-to-date currency conversion. Your BI solution will provide a powerful engine for high-speed calculations and automated currency conversions with exchange difference capture. This allows you to monitor actual costs and expenditures in a fluctuating environment, keep a close eye on profit margins and make any needed budget adjustments. Forecasting and scenario analysis Yes, we have to admit it, this is our favourite function. Because your BI solution integrates your data from multiple sources, and because it has a built-in standard validation function, your forecasting is based on reliable, historic data. This produces highly accurate forecasts for your decision-makers. But, your BI solution can take forecasting and strategic planning to a whole new level using scenario analysis. This means that you can ask as many "what if?" questions as you like. If your operations are dependent on the price of petrol, or you're concerned about volatile material costs, these are all factors which can be run as queries to give you almost immediate answers to questions which directly affect your profitability. It allows you to see where you can create efficiencies without negatively affecting your core business or service and provides a strong foundation for informed strategic planning. About TCM infosys Headquartered in the UK, TCM Infosys has been in business for 10 years, developing enterprise performance management and business intelligence solutions for clients across the globe.
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