What is
Business Intelligence
Business Intelligence (BI) is the practice of collecting, structuring, analysing, and turning raw data into useful business insights, via various methods and tools that transform unstructured data into easy-to-grasp reports or information dashboards — providing a comprehensive view of all those aspects of your business.
BI has become a standard for most businesses to provide actionable business insights and to execute data-driven decision making. Though essential, developing a BI system solution can be a daunting process for most organisations to undertake. BFI focusses on building the required BI solution and its complexities, conceptualising the solution in combination with the integration of the latest technological tools and applications.
We tailor a unique financial model to suit your business structure to determine how your business functions and should perform and to align with your vision. Our BI reporting systems and interactive dashboards operate on a cloud-based platform, providing real-time data that is understandable and cost-effective.
Xero API Dashboards
We have API.
Custom dashboards.
Connect to other operational software.
Consolidating different XERO companies.
Bring in more diverse budgeting models.
One reporting platform for all your data.
When is BI needed in your business
Group
consolidation
Group Consolidation merges two or more business entities through financial reporting and consolidating of financial statements.
Consolidation provides customers with a better overview of the entire entity’s overall financial health. It increases profitability by combining resources, technology, and industry expertise.
Separate
Systems
Client data is stored on multiple systems with different platforms (cloud, desktop or excel) and requires integration from the various data sources into a single profile.
- Manufacturing
- POS
- Stock Management
- CRM
- Timekeeping
- Payroll
Gathering
Reports
Report development can be a frustrating manual and timely process that leaves lots of room for error.
Businesses spend more time and resource developing reports than analysing the supported data providing crucial business insight.
Timely
Data
Reliable, well-organised data that is accessible in real-time has become essential to businesses.
Timely data drives smarts decisions and makes for a better understanding of what to expect of the future, ensuring preventative decisions instead of remedying them when it is too late.