Business Intelligence – 5 STAR BDM LLC

Business Intelligence

Business intelligence is the foundation for any short-term and long-term business strategy. Business intelligence processes help you organize your data so it can be easily accessed and analyzed. Decision makers can then dig in and get the information they need quickly, empowering them to make informed decisions. But improved decision making is just one benefit of business intelligence.

Benefits

starImproves Sales and Negotiations

A business intelligence system can be a valuable asset to a company’s sales force because it provides access to up-to-the-minute reports that identify sales trends, product improvements or additions, current customer preferences and unexplored markets. Detailed and current data is also a valuable backup to negotiations with suppliers or other vendors.

starIdentifies Opportunities

Business intelligence can help a company assess its own capabilities; compare its relative strengths and weaknesses against its competitors; identify trends and market conditions; and respond quickly to change — all to gain a competitive advantage, according to the Journal of Theoretical and Applied Information Technology. It helps decision makers act swiftly and correctly in response to opportunities; helps the company identify its most profitable customers, as well as potentially profitable customers; and assess the reasons for customer dissatisfaction before it begins to cost them sales.

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    starBusiness Performance Management

    Outsourcing experts can help you better define your business strategy with up-to-date business information so that all decisions made are carefully aligned with the long-term vision for that project. They can also streamline your financial processes so that less resources are wasted and all redundancies are eliminated as a result. Outsourcing can also improve your workforce productivity as less time is wasted on tasks that have been identified as less critical in nature. Finally, business performance management can enhance your profitability. This can be achieved by identifying operational costs and overheads that can be reduced in the short term to help you maintain greater profits.

    starAddress specific questions with

    KPIs and data:
    We’ll work directly with you to understand the focus of your analysis – and suggest a research output that will meet or exceed your needs.

    starKPI Data-as-a-Service

    You can’t beat the competition without knowing how you compare. Our research can inform and accelerates your analysis – lighting the path to valuable strategic and operational targets.

    5 Star Captions

    From our Offices in Miami Lakes, Florida, 5 STAR BDM provides business development and personal branding for small to mid-size companies. Grant McGaugh, managing director of 5 STAR BDM, has helped a number of professionals and organizations optimize and grow their revenues by providing business management and personal brand development, both locally and nationally to a broad spectrum of business clients and is a requested speaker on digital technology and brand development issues.

    Super Connect Your Business! Call for a free, no obligation consultation to see how 5 STAR BDM business development expertise can enhance your opportunities by coaching and consulting your Leaders, Teams & Organizations on improving Business Efficiency and Effectiveness.