Collect, Extract, Organize: What is Business Intelligence?

First off: What is Business Intelligence?

Business Intelligence is useful data presented in a way that helps you make better business decisions, increase revenue generation and gain a competitive advantage.

1. How do you COLLECT relevant, timely data?

54% of enterprises agree that cloud-based BI is vital to both their current and future incentives.
Data collection is automatic and synchronous with SalesChain. Since we process orders from start to finish, we already have the information in our system.

2. How do you EXTRACT a data set to glean vital information for your company?

Ideally, every employee should have an efficient, customizable tool to focus on how data trends should drive their workflow.
SalesChain’s Sales Analytics Dashboard collects data in an intuitive and organized way. Analytics is based on both ease­ of availability and ease of use for targeted information.

3. How do you ORGANIZE company strategies based on business intelligence?

Data analytics makes decision making 5x faster.
A single system that centralizes data sets can help managers improve employee ability to focus and target specific sales objectives.

What data is important and how should it be organized?

Business innovation is ultimately derived from innovation. Drilling down into the significance of patterns in the data is vital for optimal growth.

How does SalesChain do Data Better?

3 Ways SalesChain Does Data Better:

1) Business Intelligence is built right into SalesChain

Why does that matter? Synchronized data means a streamlined workflow between departments – the handoff of information becomes an automated process rather than a confusing string of emails and data entries.

Stop tracking down information – let us put it in one place and increase your productivity.

2) Quality of data is significant – and SalesChain collects superior data.

Accurate data is actionable data: You can’t make good business decisions unless you have accurate and complete information. Trying to make decisions for your business without knowing the data behind them is like skiing backwards while blindfolded.

You have to know what’s making money, so you know what to spend time on.

3) Manual entry means a potential point of error.

SalesChain collects data at every step of the order fulfillment process. Because we automate the day-to-day activities of your business, the data is already in our system and accurate. When all your data is in one place, no one has to waste time transferring it to another software, potentially making errors in the process.

SalesChain acts as a hub for your data, keeping all your employees on the same page.


Lets Put it in Other Terms:

Say I wanted a car…

I could build one by buying all the right parts on JC Witney. Top gear proved that. But why would I do that when I could just buy one?

I expect, if I buy a car, that:

  • All the components will fit together properly. No patch work or modification required.
  • Everything would be installed in the right place and working properly.
  • With proper maintenance, I can rely on that car to run properly.
  • If something were to go wrong, the dealer’s support staff could fix it in a heartbeat.

Just like a car works as a cohesive system comprised of many small components, so too does your business. Your staff across all departments, from sales to maintenance, have to be kept on the same page in order to function properly. If one department misses an email, and has no better way of referencing information, your business is prone to error. Just as if your car would be if you built it out of miscellaneous components.


Learn More About Data

Contact us If you have Questions.