When your finance team spends all their time entering numbers into spreadsheets, they don’t have time to put that data to work. Data provides a strategic advantage and your competitors are ditching the spreadsheets for analytics that turn digital information into profits.
Data is a strategic asset
Cloud ERP centralizes your business data and integrates disparate systems, eliminating redundant spreadsheets and departmental silos. With consolidated data, you can use cloud-based analytics and machine learning to understand customer trends and explore new revenue opportunities.
- Using data as a strategic asset, you can:
- Use customer preferences and market trends to inspire product design.
- Explore digital business models to capitalize on emerging markets. Increase sales win rates by using machine learning to prioritize leads.
- Build loyalty by resolving emerging service complaints before they impact more customers.
This is one way that Cloud ERP eliminates a serious business risk.