Contemporary offer business objects consulting services, delivering a strategy that allows businesses to understand their data. Data warehousing and reporting design services. Contemporary are the Business Intelligence Experts. The product range covers Business Objects, Microsoft Business Intelligence as well as Crystal Reports.
     
 
 

Study Shows Growing Demand for Integrated Financial Intelligence.

Tereadata. have reported that "Even the best ERP systems do not enable the analytical flexibility and insight that financial analysts require". Their recent survey revealing many startling facts.

It found that 71% of 360 respondents struggling to collect data from multiple sources and perform analyses needed to answer unanticipated financial performance questions.
 
 
 
 
 
 
 
 

 

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Nearly half of those surveyed also reported difficulty trying to integrate ERP data with other operational and legacy system information, and said these challenges "limit visibility into business dynamics" and that this affected financial results and delayed actions that could have improved their companies performance.

Most popular approaches to improving the situation in the finance area included: ERP upgrades, cross-enterprise process standardisation and the building of enterprise data warehouses.

“For many CFOs and financial analysts, the health of the business is not only measured in cash flow, receivables and other financial measures, but also in HR, sales, inventory, manufacturing and supply chain metrics,” says Jeff Lovett, marketing director of Teradata, going on to say “This survey indicates that many finance professionals realise the need for additional technologies that will help them get a single, integrated view that provides the actionable intelligence needed to effectively manage business performance.”
 

 


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