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As companies invest in business tools, specifically accounting and operational software, analytical components are becoming more important. Long gone are the days of confirming that software will maintain accurate inventory levels, manage customers that are on credit hold, or generate 1099’s properly. The standard functionality in ERP solutions are rich and robust. Expectations are readily meet by all the major publishers in the software industry.
What is more important and provides the true distinction among the software provides is the ability to provide analytical tools. The software industry has truly met their promise to free up staff time from mundane, repetitive, easily automated tasks. ERP software has fully arrived. Now that staff is ready to analyze the results to improve the overall health of their businesses. The software providers that have risen to the challenge are few and still far between. What should those analytical tools provide?
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