Microsoft Dynamics NAV News & Tips
BIO Express Opens Up Business Intelligence for Dynamics NAV

What if you could:

• predict when your customers were going to place their next order, or more importantly, what they would order?
• gain insight on customer behavior based on their longevity and track record with you?
• identify rising or falling margins and order rates compared to a company baseline?

These are just some of the answers Business Intelligence (BI) systems can provide, and with new tools, such as BIO Express, BI has become as straight-forward as the Internet.

There’s no doubt that today’s dynamic, information era brings exciting opportunities to enhance business performance. In most cases, information is readily available at our fingertips and never more than an Internet search away. A quick search delivers links to what seems like an unlimited number of Websites, news articles, blogs, and documents that may help to better understand your challenge at hand.

Yet is this true of your own business information? It’s likely that you’ve been building an extremely valuable knowledge base over many years without the same capability of mining it for the pearls of wisdom it contains. Granted, Dynamics NAV is better than most ERP applications when it comes to data query, but it falls short of rich business analytics.

That’s where today’s business intelligence (BI) solutions and strategies come into play. Empowering managers and employees with your crucial business data and information in a meaningful way is the best strategy to create organizational knowledge that enables achievement of positive and sustainable results.

Business Intelligence is not a new topic in the high-tech world, or in large enterprises. Since the first data warehouses and a structured query language were developed long ago, we’ve been trying to find ways to effectively utilize the data and information we generate to produce powerful knowledge and manage it. Unfortunately, In these environments it was not uncommon to spend a hundred thousand dollars for the mining process and experience to decipher the information once the data was made available. BI was just too expensive for small- to medium-sized businesses to even consider.

However, as with most technology, time has a way of leveling the opportunities and due to the popularity of Dynamics NAV, there are many great BI tools available today that are fully integrated and will meet a wide variety of requirements, skills - and budgets.

BIO Analytics Express is a product we recently reviewed and were so impressed with that we’ll be hosting upcoming webinars so you can get a firsthand look at BI to discover what it can do for your business. Meanwhile, you can read more about BI for small to midsize businesses (PDF) from BIO Analytics President Daniel Schwartz.

For more information, to schedule a demo, or to reserve your place for an upcoming webinar, please contact Mike Packard, Integrated Computer Systems Support at 425-284-5436 or mikep@ics-support.com.

 

Due to the popularity of Dynamics NAV, there are many great BI tools available today that are fully integrated and will meet a wide variety of requirements, skills - and budgets.