BUSINESS INTELLIGENCE

Business intelligence is a broad term technically referring to the applications of technologies to gather, store, analyze, and retrieve data to help enterprise make informed decisions. Activities include query, reporting, online analysis, statistics and forecasting. Many software solutions are claiming business intelligence. However the application of business intelligence is either superficial: report based, or overcomplicated: frightening terms and average businessmen not understandable interface.

One of the FLP^® objectives is to let midsize companies be able to apply business intelligence to their routine business decisions. FLP^® Business Intelligence takes a straightforward approach to follow the principle that the result of business intelligence should have the following characteristics:

1. Making informed decision by businessmen
2. Business sense, not for technical satisfaction of programmers
3. Understandable by average businessmen
4. Able to be triggered directly by business owners
5. On-line information
6. Not requiring hardcopy report
7. Not requiring substantive updating, which otherwise take lengthy time
8. Easily able to be customizable
9. Cost effectively

Now, you can, with FLP^®. FLP^® Business Intelligence lets you easily digest the business information: market sector, customer potential, customer contact analysis, salesmen scoring, stock movement, product profitability, monthly product line sales, projects on hand, sales leads and accounting information.

Business Intelligence must be customizable. An off-the shelf product is deficient in customization. Resellers of big brand name software are reluctant to customize the software as they are merely a reseller, not even get access to the source code. More important is the real diligence of the decision makers, having appropriate mindset of business intelligence.

Many CRM and ERP failing is due to the decision not taking proactive leading participation in the reengineering process - 'doing nothing'. The other fail reason is some of the decision makers going too extreme, too ideal - 'doing everything'. In the dynamic ever changing business environment, time is of essence. 'Doing everything' if not practically impossible will be too costly and time consuming.

FLP^® Development Team takes this chance to explain why in many occasions, we advise our clients to stop at certain point without getting too extreme. If a system can offer solutions to tackle all the critical areas, it does no harm having several insignificant procedures to be done manually. The ability of so doing is truly the business wisdom in terms of mindset. Business benefits will be diminishing or even even negative when going extreme. The extreme technology implementations forces the overall business benefits to shift backward. The more extreme the technology implementation,the less certain the overall benefits.

Performance Cost
FLP^® Business Intelligence requires little performance cost, compare to some systems requiring an inhouse IT division or costly outside consulting company to generate an analysis. FLP^® Business Intelligence requires no additional software or hardware.

Development Time
FLP^® Business Intelligence allows new demand of required information to be developed in short time.

Right Time and Right Format
Informed business decisions at the right timing is invaluable. It requires timeliness, completeness, format, sorting and grouping.

Anywhere and Anytime
On-line analysis can be accessed by you anytime and anywhere without physical location boundary.

Improve Enterprise Strategy
Business plans can be deployed easily with enterprise strategy.

FLP^® offers rapid application development to meet your distinct needs.
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