Exact Business Analytics (EBA) and the Exact Graphical Performance Series (GPS) are two business analytics solutions offered by Exact Software. EBA is the business analytics solution that we integrated with, amongst others, Exact Globe and Exact Synergy. With EBA you can combine and compare data and have it shown in a wide range of different graphs, reports and information views. Dashboard Insight, an online community designed to promote the business intelligence (BI) industry and its active players, interviewed our colleague Paul Challinor, as Senior Product Manager responsible for EBA.
In the interview Paul explains how Exact helps businesses during these challenging and uncertain times of economic downturn.
Dashboard Insight: You recently announced the development of a program geared toward helping businesses proactively address the economic downturn. Can you tell us more about the program?
Paul Challinor: Exact provides real-life solutions to pressing business problems for companies working their way through the challenging economic environment. From business-process assessments – which help optimize the efficient use of Exact applications – to point solutions that help businesses focus on deliverables that increase the satisfaction of their customers, Exact is committed to helping customers prepare for the eventual upturn of the economy.
Paul also shares two interesting real-life examples of businesses that have inproved their efficiency with Exact’s business analytics solutions: both Liberty Hardware Manufacturing and Parker Hannifin use business analytics solutions from Exact to combine information from different sources and to turn those data into valuable information.
Dashboard Insight: Can you tell us about some of your key clients?
Paul Challinor: EBA has been particularly successful in the manufacturing and CPG industries. Two key clients come to mind quickly: Liberty Hardware Manufacturing and Parker Hannifin.
Liberty realized that to maximize the value of their ERP application and provide a solid foundation for business decisions, they needed to improve the frequency, accuracy and accessibility of their business reporting. Specifically, business users needed the ability to perform their own analysis, without routing information requests through the IT department. Their existing reporting tool did not allow users to select data fields using business terminology, which leads to frequent questions of reporting accuracy. Also, Liberty needed a solution that could integrate vitally important point-of-sale (POS) data from their major clients, which was stored in a Microsoft Access database.
With our help, sales, inventory, purchasing, and POS data is now accessed and applied on a daily basis, greatly increasing the overall value of Liberty’s ERP solution. Integrating the POS data with other business information has also proven to be highly valuable. Sales teams conduct in-depth analysis of products and programs to measure the success of specific items or sales strategies. The integrated information also enables much tighter control of inventory levels and production planning.
As for Parker, they had a 12-year investment in their JD Edwards World ERP system and recognized an opportunity to leverage that asset to support specific business objectives, including sales analysis and strategic pricing initiatives. The company also sought to provide a standardized reporting structure for all departments and locations that would eliminate duplicate and repetitive report generation. Their goal was to ease the reporting burden on the IT department, while providing a single information resource with accurate data for all locations across their very large organization.
Exact’s ability to dynamically combine data from multiple sources was uniquely suited to Parker’s complex data environment, which includes 46 distinct JDE databases in multiple locations. GPS enables business users to access the specific information they need to see without being concerned where the data is stored.
Please read the complete interview of Dashboard Insight with Paul Challinor.
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