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Gain Insights from your Systems’ Data

2/15/2017

Take It Easy
Ask a hundred people what Business Intelligence software is and you’ll get two hundred different answers. Over the last few years there have been a number of new Business Intelligence (BI) applications released to the market. The Cloud and mobile are driving new capabilities in being able to access, create and share data in ways that haven’t been possible before or affordable to do so. 

The user experience of today’s BI tools is very different from what has been delivered in the past. The experience borrows much from what we experience on our smartphones and tablets. The interface is clean, logical and helps you find the function you are looking for. And if you can’t find what you are looking for then a global search feature is usually accessible within the tool to help you find it. Gain insights from your systems data

That’s All Well and Good but…
While the tools look great and are easier to use the challenge with them comes in creating the exact, distribution focused report you need. The reports a Distributor needs to run the business will pull data from sales, inventory, vendors, customer records, shipping and the warehouse. Some of the times all on one report. It’s one thing to have an intuitive application and quite another to have to create a report or dashboard from scratch. That takes time and intimate knowledge of your data both of which are in short supply for you and your team.

We Have Data!
Once you are connected to a data source you may find that while the tool is easy to use the naming and structure of the data within your software is not. ERP and CRM applications are built for processing transactions at high-speed, which requires minimizing for optimal performance. This doesn’t lend itself to clear, recognizable naming of fields and tables where your data is stored. Some of the time you can figure out what is stored in a field but often you are left wondering if learning Klingon might be easier.
You are looking for a tool to help you gain insights from the data within your systems not one which requires you to learn a new computer language, new application, new ways to recreate what you already have. And you want to get to closer to one version of the truth across your business. Get the team pointed at a common set of reports, one data source.

A Way Out?
At Epicor we have approached the need for better insights and stronger decision making in a way which brings the best benefits to our customers. Our solution, Epicor Data Analytics provides a cloud-based BI solution which is fully integrated to the Epicor Prophet 21 database. Access to your financial, purchasing, inventory and sales information is ready to go out of the box. You are not creating dashboards from scratch, it connects seamlessly to Prophet 21 and with a little help you will connect the tool to external data sources like HR, Payroll, and vendor applications. 

Epicor Data Analytics comes with content pre-built to the specific needs of a Distributor. Dashboards, KPI’s, charts for Sales, Inventory, Purchasing, General Ledger, Accounts Payable, and Accounts Receivable are built-in. And since Epicor’s experienced Distribution team built these modules, it means the information is right, reliable and ready to go in days not months. Epicor’s decades of experience working with distributors, understanding your business, along with research in industry standard Key Performance Indicators, means we built a business intelligence solution which is a fantastic starting place for your business. And all of the information within EDA pulls from one source of data so you have a platform from which to build a single source of truth within your organization.

Epicor Data Analytics is a subscription based service, which provides you with a low cost of entry allowing you to try the application before making a big commitment across your business. This reduces your risk but provides a scalable application to grow with your business. 

So contact us at http://www.epicor.com/products/epicor-data-analytics.aspx to find out how Epicor Data Analytics can transform…and help you grow your business.

Posted by Mark D. Jensen, Sr. Manager Product Marketing, Distribution, Epicor 

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