Companies have more data available to them than ever before, but they are all struggling to figure out how to make sense of it and put it to good use. This leads me to a well-known statement, but it’s one that impacted features that have been built into Acumatica 6: there is a big difference between data and information.
Data is important, yes, but information is what actually moves your business—and analytics turns data into actionable information. It gives the data meaning so that you can do something with it, because businesses must have accurate and timely information to stay competitive in this constantly evolving marketplace.
ERP vendors and products have always provided reports and even moderate dashboard flexibility, but Acumatica 6 will significantly extend your self-service analytics. With the newest version of Acumatica, you’ll see major improvements in three areas related to analytics.
1. Self-service dashboards and unique KPIs
Acumatica’s new dashboards will remind you of something we’re all familiar with — arranging your apps on the home screen of your phone. The self-service dashboards are incredibly customizable by user, thanks to the responsive design mode that Acumatica created. You’ll be hard-pressed to find this type of functionality in any other ERP platform.
The intuitive dashboards and key performance indicators (KPIs) are just some of the new adaptable features. Individuals can put trending charts and tables, web pages, widgets, alerts, and a variety of other things —all with the parameters and format you need—on your dashboard.
It’s all been streamlined to transform data into information. Plus, as with all current Acumatica applications, these features are fully mobile. You can access them on your desktop, laptop, tablet, or phone. Anytime, anywhere.
2. Data manipulation within Acumatica
Up until now, if you wanted to fully analyze data to extract the information you needed, you might have used an Excel Pivot Table. To do that you’d download your data from the ERP and/or CRM system into an Excel file, manipulate it, graph it, and share it (probably by email attachment). But now you can do all of that within Acumatica without the extra steps of exporting or importing the data across systems.
How? Through Acumatica’s integration with Microsoft technology that allows you to add pivot tables right onto your dashboard, which can be shared with other users. The data visualization capabilities of Acumatica 6 support the large amount of up-to-date data that the system is able to process.
You want a real-time, paperless environment, and Acumatica can do that. You also want to keep all your data in one place, and Acumatica can also do that. You want to stop having to bounce in and out of multiple systems to collect the information you need, and Acumatica can do that, too. (Thank goodness, right?)
3. Productive detail analysis
All of these design improvements around analytics really boils down to productive use of your time in digging into the details. And that’s where Acumatica’s General Inquiries come in: it’s the foundation for all the information workers need to answer the questions on the what and why of business operations.
Now, with improved navigation between multiple inquiries, you have true flexibility in finding and analyzing data. You can dive in and locate answers in minutes or seconds, because if the data is there in Acumatica, everyone with the proper security can access it. This also means Acumatica 6 greatly fosters information sharing between all the members of your team.
It all comes down to information, and getting information access to the right people at the right time. Accurate, timely, and available right now, right here—in whatever form you decide.
Who’s ready for Acumatica 6? I, for one, can’t wait.