BAASS Insights Technology Blog

Most small and mid-sized enterprises (SMEs) already have the data they need to grow, but few know how to turn it into something useful. Reports are generated, numbers are tracked, yet the real insights that drive change often remain hidden. This is where business intelligence tools can transform the way companies make decisions. 

In this blog, we’ll explore how BI tools for SMEs help unlock the full potential of your data. You’ll learn what business intelligence for Canadian companies really means, how data analytics for small business can guide better choices, and why adopting cloud-based BI solutions is becoming essential for growth. We’ll also look at how BAASS Business Solutions and Sage business intelligence empower organizations to make confident, data-driven decisions that lead to measurable results. 

If you’ve been relying on spreadsheets or manual reporting, this article will show how modern reporting and analytics software can give you the visibility, speed, and accuracy your business needs to compete and grow. 

Leveraging Business Intelligence (BI) tools can be the difference between thriving and merely surviving in a data-driven business world. As companies expand, their data needs to grow exponentially, which often reveals the limitations of their existing BI solutions. Outdated or underperforming BI tools can hinder decision-making, stifle growth, and ultimately impede a company's ability to stay competitive.  

While there is no denying that the last few years have been a hurdle for everyone, small businesses were especially impacted. On top of navigating the currently uncertain business landscape, there is an increased prevalence of failure in the first year of small businesses. Here are some challenges that every small business faces, and how you can conquer them:

Business Intelligence is becoming ever more important for organizations. It can help harness the power of an organization’s data by reviewing, comparing, sorting, and reporting it in a way that is easy to comprehend. With business intelligence solutions, businesses can make more informed and actionable decisions. Of the benefits that can be reaped, businesses are able to streamline processes, automate tasks, increase productivity for workflows, and make more educated decisions. 

What is Business Intelligence?

Wouldn’t it be nice to see into the future of your business? With business forecasting, this is a reality; by using current and historical data you are able to have accurate predictions for future trends and forecasts. With this increased visibility you can analyze your business as a whole with the utmost confidence in the data. In this blog, we will discuss what forecasting is, why it is important, how it can help your business succeed and tools that can enhance accuracy and simplicity. 

Business Intelligence (BI) is described as the transformation of raw data into relevant and practical information for business purposes. This term encompasses the processes and methods needed to analyze, display, and report from business operations or activities. The implementation of Business Intelligence can help your organization make better decisions, especially due to the abundance of information that can be retrieved nowadays; except to have access to your business’ information easily.

Business intelligence is an all-encompassing tool for analyzing data. This raw data is transformed into meaningful and useful information for business purposes. The implementation of business intelligence provides a complete view of your business, helping individuals make better, actionable decisions. Not convinced about BI yet? Don’t worry - we have compiled a list of reasons as to how BI can be useful for your organization.