ERP Analytics

Narrative BI for ERP Analytics

Optimize enterprise resource planning for better efficiency

ERP

ERP Business Intelligence

Automated ERP Analysis

Optimize your enterprise resource planning with Narrative BI, providing automated insights into inventory management, production processes, and financial performance.

What is ERP Analytics?

Why is ERP Analytics Important?

ERP (Enterprise Resource Planning) analytics integrates data across your entire operation to reveal the connections between different business functions. By analyzing workflows, resource utilization, and process performance, you'll identify bottlenecks and opportunities to streamline operations. These insights help you optimize inventory levels, improve production planning, and enhance cross-departmental efficiency.

Turn ERP data into operational excellence - forecast resource needs more accurately, automate routine processes, and make decisions that balance efficiency with quality. Whether you're focused on reducing operational costs, improving fulfillment rates, or enhancing supply chain visibility, data-driven ERP strategies help you build a more agile and profitable business.

ERP Dashboards

ERP Insights

With Narrative BI, you can ask questions and get automated insights from your ERP data. Simply connect your ERP data source or upload a spreadsheet and get actionable insights in minutes.

Optimize enterprise resource planning for better efficiency

ERP Data Analytics

ERP Analytics Best Practices

In ERP analytics, it's essential to focus on data consistency across all modules. Regularly auditing and standardizing data inputs from various departments ensures that your ERP system provides accurate and reliable insights. This practice helps avoid discrepancies that can lead to costly errors and inefficiencies in decision-making.

Narrative BI leverages AI to automatically surface key patterns and unexpected findings in your ERP data, ensuring you don’t miss out on critical opportunities or hidden issues. By adopting these best practices, you can transform raw data into actionable insights that drive better business outcomes.

  • Leverage ERP data: You can find all the answers to your questions in the ERP data, and the best practitioners of ERP analytics use that data to identify trends and better understand patterns.
  • Use visualization tools: Visualizations such as charts and graphs are common in BI software, as they are essential for understanding data and making informed decisions. You can easily visualize your ERP data using the AI Chart Generator tool in AI Data Analyst.
  • Track KPIs: Tracking key performance indicators helps you measure your ERP performance and identify areas for improvement. Most successful businesses have adopted weekly/daily KPI summaries, comparing the latest metrics to those from the prior period. You can easily automate this process by using Narrative BI’s Tracking Tools.
  • Prioritize your goals: Not everything that can be measured should be measured. There are a lot of ERP data available for analysis, but you should start by identifying high-priority opportunities that can have an immediate impact on the business. You can specify your key metrics in the Narrative BI’s Reporting Tool.

Benefits of ERP Analytics

Process Optimization: Optimize business processes by leveraging ERP data insights.

Cost Reduction: Reduce operational costs by identifying inefficiencies and areas for improvement.

Inventory Management: Improve inventory management to reduce excess stock and stockouts.

Financial Performance: Enhance financial performance by analyzing and optimizing financial data.

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