Who actually use Business intelligence software?

Business Intelligence tool has become a buzzword many executives may be curious about. However, there may be executives who may be unsure of what BI can bring in for their business. Business Intelligence software can be a real gem to the business as they can be decision ready at every time interval plus they can play sage while relying on facts and figures. But, to dive deep and explore what benefits can it bring to a varied number of users and who actually use BI software, this blog serves as a great piece for you.  

BI Software like Tableau can be used across departments to gain a holistic view of organizations in one place. The software is designed to accommodate the needs of everyone on the company from junior executives to senior department managers to decision makers. As a result, anyone from any department can seek information and gain real time insights to their domain. Further, there is also an option in Tableau software where users are granted limited and role-based access as per their grade and position in the organization. For instance, customer care rep will be able to see recent customer records, buying patterns and conversations which helps them to answer their questions to their maximum satisfaction. 

Generally, we believe that BI tool is meant for a select few only. However, this smart tool is not just confined to senior person but to executives level too. Through the dashboard, it becomes easier to view information and gain important business metrics that help them do their job to perfection. Through the dashboard, they can keep themselves updated and readily access information and spot trends and make important decisions on the fly rather  than gut-instinct alone. Further, with Tableau mobile functionality it becomes relatively easier to rest analysis anytime and anywhere. Many executives use Tableau during board meetings or while on the road. As executives are often tasked with more productivity, having instant and correct information helps down the line. 

BI provides hidden insights into all aspects of the sales. From monitoring your customers’ buying patterns to personalization to providing valuable information to sales managers, BI tools can help you with everything. In just a few clicks, sales managers can respond timely, uncover new trends, view team performance and identify sales opportunities to a great level. Further, it becomes easier to examine why sales are dropping and what could be the probable reasons behind it. 

BI is a tool which helps to manage inventory and warehouse activity. For any business, managing inventory should be a number one choice. To avoid losses and to curtail business costs, BI provides the ability to see exactly how much stock is available on hand and track the inventory history of that stock.  Armed with this knowledge, inventory managers can avoid overstock or understock situations.  

The software which is often perceived as a great arsenal for sales, marketing, warehousing, Customer care and decision makers also play a vital role in the finance industry. Having accurate and detailed finance is extremely important. With affordable tableau software, finance managers and accountants can speed up the financial matters and drill down faster into balance sheet, cash flow analysis, P&L statement, and so much more. With an in depth view of figures, the financial departments can identify areas of improvements and ease their routine based tasks.   

With so many benefits, it is safer to say that BI is a game changer for businesses. The software like Tableau is changing the way we see and examine data. Further, the BI software is enabling every department to rest their analysis and uncover new opportunities and find wherever they are lacing begin and probe the reasons. If you feel Tableau software is the one you should lay your hands on, then consulting a premier Tableau partner or Tableau Gold partner makes sense.