Business Intelligence In Taxation

business intelligenceBusiness Intelligence (BI) is the ability to transform data into information and information into knowledge, so as to optimize the business decision-making process. Plugging-in a Customer Relationship Management (CRM) software can prove to be a good idea alongside a well implemented BI solution. Go from data to insight to wisdom with a Google Cloud BI solution — a comprehensive suite of data analytics tools from Google and our technology partners that provides flexibility, scalability, collaboration, and advanced analytics, built-in.

Thanks to an affordable, web-scale BI solution suite, business users can get quick answers to their questions through self-service reports, dashboards and analysis while IT cost-effectively manages and scales the deployment. Our popular business intelligence reporting tools can help you fast-track report design, convey information in a compelling way, add dynamic graphics and videos, generate multilingual reports – and much more.

BI usually involves the following technologies: data mart, data warehouse, user query & report, online analytical processing (OLAP), data mining, key performance indicators and analytic application. Once the model is selected and agreed with the business, it becomes a known method for answering the question, it becomes a subject of Data Analytics rather than Data Science.

With a BI program, It is possible for businesses to create reports with a single click thus saves lots of time and resources. Domo is a completely cloud-based business intelligence platform that integrates multiple data sources, including spreadsheets, databases and social media.business intelligence

Business Analysts need to analyse the organizational data sources so they can build up the most effective Data Warehouse which would help the new process. Companies which invest in BI software see the benefits through more satisfied employees, happier customers, more sales, and increased profit.