Management departments with little experience, level of knowledge and insufficient information will make harmful decisions and will not result in recession and bankruptcy for their business. Viewing the past results and statistics shows the activity status of the collection in the past years, and if you strengthen the valuable parts and solve the problems, you will see a profit.

Economists emphasize the importance of using business intelligence and the resulting reports with the phrase, “If you put garbage (false information) into the system, you will receive garbage (false results).”

The information obtained from the analysis of the past trend will lead to better decisions, and many wrong ways will be removed from the selected options. Some of the most important features of Business Intelligence are listed below:

Determining key performance indicators based on analyzed data
Identifying and setting criteria related to different processes of the collection
Examining the market trend, business problems and solving the challenges
Access to useful business information to make important decisions by management
Can be used in all small, medium, large and chain businesses

By recording and analyzing information in a certain period of time and analyzing them through the process of business intelligence, surprising results will be obtained for managers.
For example, online food ordering companies will have the possibility to check the taste of specific customers and even specific geographical areas. By using such important information, marketing and advertising costs will be avoided, and productivity will be increased in the shortest way while saving time.
Also, the management department of these online companies has the possibility to analyze the sales charts and learn about the amount of profit, loss and error in the decisions made.

Organizations that use several different parts to advance the main activity should benefit from special and privileged coordination. For example, the separate use of human resources such as sales manager, storekeeper, purchase manager and accountant will cause confusion in the financial management of resources.

In such cases, different types of software should be used to connect the departments and improve the flow of internal processes. If you don’t implement business intelligence processes to analyze data and processes, you will witness the stagnation of the business situation due to weakness in data collection and analysis along with information processing delay.

Undoubtedly, checking the financial situation is the most important part of the business, and all the stagnant capital, flowing money, profit, and loss have an effective role in making decisions. Many companies seek to make changes using spur-of-the-moment decisions regardless of profit and loss. In order to manage the status of your collection, you need to check the financial statements; But due to the dispersion of the amount received, paid, purchase costs and any other amounts, you will be able to control the situation only by using the services of the business intelligence company.

Organizations that use several different parts to advance the main activity should benefit from special and privileged coordination. For example, the separate use of human resources such as sales manager, storekeeper, purchase manager and accountant will cause confusion in the financial management of resources.

In such cases, different types of software should be used to connect the departments and improve the flow of internal processes. If you don’t implement business intelligence processes to analyze data and processes, you will witness the stagnation of the business situation due to weakness in data collection and analysis along with information processing delay.

Earning more profit as a result of increased sales has led to business prosperity, and the main goal of all businesses is to increase their total income. If you see any inconsistency and order in sales reports, you can use business intelligence platforms and dashboards related to sales process reports. By analyzing all the statistics, weak points will be found, and it will be possible to make a suitable decision to fix them.

With the increase in people’s access to computers and the Internet, a new type of business in the form of e-commerce has become popular. By using accurate data evaluation through various types of business intelligence dashboards, it is possible to obtain detailed information about the audience’s needs.

Also, with specific targeting and application of business intelligence, it will be possible to attract customers in the target area and earn money.

According to the received statistics, decision-making based on business intelligence statistics has increased the profit rate of businesses by 79% compared to intuitive reports.

E-commerce is an inseparable part of all new businesses, and you must have the proper knowledge to enter the electronic world. You can see the results of the following list using the information and graphs obtained from:

Advanced modeling of top businesses in the field of activity
Analyzing the market’s digital products and comparing it with the results obtained from the company’s information
Display financial reports related to sales, marketing, advertising, revenues and expenses
Analyzing financial profit and loss along with providing effective data for informed decision making
A View OF the activity statistics of personnel and customers

Human resources are the role of the arms of each group, and managers seek to maximize their performance instead of increasing the number of personnel. Inefficient personnel will reduce productivity and even waste the efforts of other employees in many cases.

Therefore, by using the indicators of business intelligence, it is possible to measure the useful activity of the personnel, and in case of any negligence in the implementation of assigned tasks, it is possible to deal with the responsible person. Among the most important things that can be implemented by various types of business intelligence software are:

Overall work effectiveness
Overtime hours
Absence rate
Calculating the costs of recruiting and training new personnel