Make Informed Business Decisions with QAD Business Intelligence

Whether you're making a strategic decision about corporate direction, or a tactical decision about a supplier relationship, accurate, up-to-date information is critical for the decision-making process. Business Intelligence tools provide management unprecedented insight into operational performance in near real time, resulting in well-informed business decisions.

The life sciences environment has changed significantly over the past 10 years. Consolidation; pricing pressures from managed healthcare organizations; a more demanding, knowledgeable customer base; and regulatory oversight have placed a huge burden on the industry to improve corporate performance. Knowing where to focus resources and time on the right products is critical to improving the bottom line. And while key performance information is often available, knowing if it's up-to-date and accurate is crucial for improving performance. Who are the most profitable customers? Which are the most promising new products? What lines of business are performing most efficiently? Can we identify any trends in non-conformances? What are the sources of most complaints?

Transactional systems give management a good view of past performance history. Business Intelligence tools can analyze that information and provide insight into trends, allowing companies to react to changing conditions in the business environment. The tools help executives plan future strategy and align operations to be able to execute.

QAD Business Intelligence (QAD BI) unifies data from multiple sources across the enterprise and provides a complete solution, enabling companies to access, analyze and share necessary information. This allows an enterprise to better understand how their business is performing and improve decision making.

QAD Business Intelligence provides a complete solution consisting of four major components. The Data Transformer extracts and transforms data from one or many data sources using flexible rules. It stores this information in a data warehouse. The Business Models provide a set of predefined reports and analysis templates plus 150 Key Performance Indicators that support multi-dimensional analysis against the data warehouse. Analytical tools from Cognos are included, though QAD BI components can be adapted to work with other analytical toolsets as well. Pre-defined dashboards bring key company performance in a single view.

The Value of QAD Business Intelligence

• Harmonizes information by transferring data from disparate systems into a unified and easily accessible common repository
  


• Improves strategic and tactical decision making through pre-defined, real-time, event-driven alerts and Key Performance Indicators (KPIs).
  


• Increases control and accountability through improved data visibility
  


• Improves alignment of operational and tactical activities with the overall strategic goals of the company.
  

Learn additional benefits of implementing a QAD BI solution for your business: QAD Business Intelligence.

Contact your local QAD representative: Contact QAD