Businesses vary in complexity, but most have many moving parts. As a result, running a business effectively and efficiently requires timely operational decisions.
Increasingly, small and medium sized businesses are adopting Enterprise Resource Planning (ERP) solutions to help them manage that complexity. In fact, Aberdeen's 2012 ERP Benchmark survey found that 75% of Best-in-Class SMBs have implemented ERP. But, ERP systems are designed to streamline business operations, not facilitate decision making. This Analyst Insight explores how Business Intelligence (BI) solutions can extend and enhance the capabilities of ERP solutions when they are integrated. Aberdeen's research finds that SMBs that have integrated ERP and BI saw a 20% decrease in time to decision over the past year and saw a greater percentage of the predicted benefits of their ERP solution than those SMBs that have not integrated ERP and BI. Read further to understand the reasons that organizations combine BI and ERP, as well as the increased capabilities that these organizations receive and the impact on the bottom line.
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