A Business Reporting System is a general term applied to a wide range of applications that are used for collecting, storing, analysing and providing access to data in order to help the decision makers in business make better more informed business choices.
One of the things a Business Reporting System offers, among other things, is the quick transformation of raw data into a super decision making tool commonly referred to as an intelligent business report. The information is emerged by the system and provides companies with everything they need to report to management, fellow employees, consultants, suppliers and customers.
The key to succeed in today’s highly competitive market is making sure you are staying ahead of the competition. A Business Reporting System helps businesses and system users wade through a sea of data to get valuable information. The power of being able to get millions of documents summarised within a few seconds is unbelievable.
We often find ourselves wondering how businesses ever did it any other way.
The Business Reporting System integrates with your other systems, for examples the sales system, accounting system, information storage, transport, logistics and HR Systems. There are also types of large amounts of data that is of high importance to companies, even though it does not have much to do with daily operations within a business. Examples of this type of information include market and marketing information, competitive information, quotes and proposals, legal information, commodity prices, etc.
Therefore, any of the information described above can be used in its raw form by senior management to make decisions, a Business Reporting System provides in depth knowledge to people for making decisions in a company.