B.I. project is merely a package of methodologies and tools which focuses on your data management system and aims to:
Collect, structure and store
Collect, structure and store information as part of a global vision
Explore and analyse
Explore and analyse data, searching for meaning and information
Create reports
Create reports, charts and data visualisations that are simple and effective
With this integrated approach, a company can reasonably expect:
Access
A simple way to access and share information
Indicators
Bespoke performance and progress indicators
Planning
Better control over resource-planning
Optimisation
Optimise operational efficiency
Return
Quicker return on investments
Reactivity
Shorter reaction times when troubleshooting
Identification
A more fine-tuned way of identifying market trends
Conformity
More secure legal conformity of your jobs and activities
Agility
More agility in decision-making
The measurement system
B.I., as a measurement system, either complements or is the perfect support for other managerial tools, such as the Balanced Scorecard or the ABC method (Activity Based Costing).