12 Dec What are the benefits of using Business Intelligence?
What are the benefits of using Business Intelligence?
There might be a lot of benefits related to business intelligence (BI). But to just give you a brief, here I am mentioning the top 10 BI benefits:
1. Enhanced Efficiency
2. Better Streamlining of Business Operations
3. Better Inventory Management
4. Better Understanding and Knowledge about the Business’ present, past, and future
5. Enable find out the real manufacturing costs
6. Receiving quick response for business-related queries
7. Obtain important business metrics reports whenever and wherever you require them
8. Valuable insight into customer’s behaviour
9. Pin-Points on Up-Selling and Cross-Selling Opportunities
10. Removes Guesswork and Enhance Business Opportunities
There may be more, you may refer to the online resources in order to know about them.
Credit: William Bennett