How do managers cope with the excessive information that ERP systems can flood them with?
Most enterprises do have a lot of data, but not enough actionable information. ERP systems are flooded with terabytes of transactional data (e.g., A/R, A/P, G/L entries, Payroll, etc.). But, companies do not have enough information that can be leveraged to make the right business decisions. The problem is exacerbated by the fact that these mountains of data are spread across disparate systems across the enterprise in different formats and in varying degrees of accuracy. As a result, companies spend a lot of time in collecting data from various sources, verifying the accuracy, collating the same, and then creating actionable insights. Business intelligence (BI) tools help ERP systems generate the right information at the right time, enabling users to make right decisions. If ERP is the heart of any IT landscape, then BI can be thought of as the brain that helps enterprises make the right business decisions. These tools present the appropriate data from the underlying sources (both ERP a
