3 minute read
Unlocking Business Intelligence in Epicor P21
Epicor P21 is an enterprise resource planning (ERP) solution designed specifically for companies in the distribution industry. With its powerful and versatile features, it enables businesses to streamline operations and increase efficiency. One of the most important features of Epicor P21 is business intelligence (BI) capabilities, which enable companies to collect and analyze data to make strategic decisions. In this blog article, we discuss the various options Epicor P21 offers for BI solutions to help businesses make informed and timely decisions.
1. Dashboards and Reports: Epicor P21 offers a variety of customizable dashboards and reports that provide a visual representation of key performance indicators (KPIs). Dashboards can be tailored to specific roles and departments, allowing users to quickly access relevant data and make informed decisions. You can also schedule reports to run automatically to ensure you always have the most up-to-date information.
2. Data Warehousing and Analytics: Epicor P21 integrates with data warehousing and analytics tools such as Microsoft Power BI and Tableau to provide advanced data analytics capabilities. This allows companies to dig deeper into their data and identify trends and patterns that can help make strategic decisions. The integration also enables real-time data updates, providing quick insight into the decision-making process.
3. Forecasting and Budgeting: Epicor P21 provides forecasting and budgeting features to help businesses plan and forecast the future. With built-in tools and features, companies can create accurate sales, inventory and expense forecasts. This enables better decision-making regarding budget allocation and resource planning.
4. KPI Tracking: Epicor P21 enables companies to set and track KPIs to measure the success of their strategies and initiatives. By monitoring key performance indicators such as inventory turnover, sales growth, and profitability, companies can identify areas for improvement and make data-driven decisions to drive growth and efficiency.
5. Sales and Customer Analytics: Epicor P21 enables companies to analyze sales and customer data to gain insight into customer behavior and preferences. This allows companies to target their marketing and sales efforts towards specific customer segments and improve customer retention.
To summarize, Epicor P21 offers a comprehensive set of BI tools that enable companies to collect, analyze and use data to make strategic decisions. These features not only improve operational efficiency, but also drive growth and profitability.