In rapidly evolving markets, businesses today have no other option but to increasingly rely on data and analytics. Inundated with information, and the time it takes to correlate and gather multiple data can be tedious, often leading to errors. We’re only human after all. But with data warehouses, a company is provided with a practical, scalable solution.
According to HubSpot, 27% of people surveyed spend an hour or more on data entry every day, 23% cite manual entry as the biggest challenge when using their existing CRM, and a further 17% cite lack of integration with other tools as the largest hurdle when using their existing CRM. Alarming right?
Since accessing data and reporting from often-complex systems can be time-consuming, not to mention difficult, gaining valuable insights becomes tricky.
Imagine instant business reporting with no data headaches. Welcome to data warehouses, like ZAP Data Hub for SYSPRO, a data solution for a world class ERP system, known for its simplicity, ease of use and fast ROI. The benefits are endless.
1 – Easy Reporting with Structured Data
Data hubs, built on big data processing technologies and search engines, means disparate sources are ingested into the data hub and are available for data analysis, giving you have a 360-degree view of your company’s data. For example, ZAP automates the access, unification, and preparation of business data from all sources, including ERP, CRM, financial systems, marketing, SQL, Excel and more.
The person preparing the data also gains a deeper understanding of the data (Data Warehouse Architecture) and in turn, can produce insightful reports and visualizations.
2 – Saves Time and Reduces Inaccuracies
Automation software such as ZAP makes business reporting easier and quicker for better business intelligence.
How? Data drawn from systems can be refreshed in the data warehouse periodically. Plus, you can set reports to run on a schedule or ad-hoc basis. This removes the effort and time businesses spend on producing reports.
A real win, as companies are now able to draw accurate, reliable reports and human error becomes a thing of the past.
3 – Greater ROI from BI Tools
The success of BI and ROI is often hindered by data governance. BI tools are useful when placed in the right hands, but this can often lead to the data not being used correctly as these tools often result in pockets of data across a business that might not be consistent.
Fortunately, data warehouses provide you with a single version of accurate, unified data to govern and control. So, when data is accessed by a BI user it reduces the risk of inaccurate and inconsistent information being consumed across the company.
4 – Historical and Current View
Data warehouses store historical data in a way that lends itself to trend reporting by taking multiple snapshots of the transactional databases and layering them on top of each other. So, don’t get stuck with only one current view, rather get the bigger picture and real-time data.
To sum it up, time is money, and with the help of a data warehousing solution like ZAP, you can now spend more time analyzing data and less time wrangling with it. Data preparation tasks become more focused on value-add activity and enrichment. You’re ‘zapping’ mundane, time-consuming tasks in the bud.
Disclaimer: Please note ZAP Data Hub is currently only available to SYSPRO Africa customers
2 thoughts on “4 Ways Data Warehouses Solve the Challenges of Business Reporting”
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