One thing that must be owned by an entrepreneur is to understand how to manage business finances, but most entrepreneurs forget to do so, too focus on increasing business revenue. The importance of financial statements in the business should be supported by the knowledge entrepreneurs, because not everyone can make good financial reports.
This becomes an obstacle especially when reports sales are still done manually, struggling with a pile of paper, calculator, create and fill in the transaction on the spreadsheet, takes precision in recording critical financial data. It’s spent a lot of time, effort and risk of human error.
So, the best solution to this problem is to use Business Intelligence. Business Intelligence (BI) can be described as “a set of techniques and tools for the acquisition and transformation of raw data into meaningful and useful information for business analysis purposes”. By using Business Intelligence, not only we can avoid miscalculation, but also provide an overview and information about business reports periodically and predict what will happen in the future. As a result, reports can be analyzed easily, organized in detailed manner, and deliver more accurate results.