ERP Term
"Business Intelligence (BI)"

A set of tools that provides information about Key Performance Indicators (KPIs). The data is typically presented in a graphical or tabular format.

Business intelligence (BI) is a technology-driven process for analyzing data and presenting it in a way that helps businesses make better decisions.  

BI can identify trends, spot opportunities and threats, and make predictions. It can also help businesses track their performance and compare it to their competitors. Many different software platforms and tools are available for BI, but they all share a common goal: to turn data into insights that can help businesses improve their operations.  

While BI has been around for decades, it has become increasingly important in recent years as businesses have become more reliant on data-driven decision-making. The rise of big data and advanced analytics has made BI even more essential for companies that want to stay ahead of the competition.

If you’re new to business intelligence, this glossary will help you understand some of the key terms and concepts associated with BI in the context of ERP. 

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