Friends of Edsen, there are many business strategies that can be applied to improve business, one of which is by using a modern technology platform. In the digital era like today, many companies or business people have used technology in creating or maintaining their business strategies. Some people may be familiar with business intelligence.
The term business intelligence has until recently been used to describe a range of business analysis techniques ranging from standard reporting to highly sophisticated statistical techniques. In addition, business intelligence is also defined as a function that combines architecture, tools, databases, analysis tools, applications and methodologies, as well as a DSS (Decision Support System).
Business intelligence is a set of techniques and tools used to transform raw data into information that can be useful in the process of making business decisions. Business intelligence combines business analysis, data mining, data visualization, data infrastructure and tools, and their applications to help companies make more data-driven decisions.
Business intelligence can help companies make better management decisions based on current or past data in the context of their business. An analyst at a company can take advantage of business intelligence to provide competitor performance and benchmarks to make the company run smoother and more efficiently. Analysts can also more easily spot market trends to increase sales or company revenue.
Business intelligence provides a set of raw data that can be turned into information. To do this, you must analyze the data and organize it based on the relationship between the data you want to collect and the context of the information you want.
The following are some of the roles of business intelligence for companies:
Identify ways to increase profits
Analyze consumer behavior
Compare data with competitors
Track performance or track performance
Optimizing the company's operational processes
Predict the success of the company
Look at market trends
Find issues or problems
Based on this, you can imagine how great the benefits of business intelligence are for companies and businesses. The success and success of a business is primarily influenced by consumer behavior, market trends, competitors and issues or problems that are happening in society. So, if a company or a business actor can use and process existing data to become useful information, the company or business actor will find it easier to find opportunities and maintain their success.
Edsen Consulting as a IT consulting company has Business Intelligence as one of its services. ED-SEN Consulting has experience in implementing Business Intelligence in several large companies in Jakarta.
With Business Intelligence, companies can provide quality information from their business activities in a timely, accurate and reliable manner through data communication channels, making it easier for company leaders in the process of making important and strategic decisions.
Friends of Edsen, The use of a Business Intelligence system in a company makes business processes within a company run more effectively. The presence of Business Intelligence (BI) is very useful for reviewing how the company's internal and external data information is authentic.
Business Intelligence can drive business strategies through a reliable decision-making process, both when planning, organizing, as well as at the implementation and control stages, so that institutions or companies are able to win business competition in the era of management with technology like today.
The following are some descriptions of the main advantages of using a BI (Business Intelligence) system that will provide added value to the company, including:
1. Consolidation of information
With BI running within the company, data will be processed in one platform and disseminated in the form of meaningful information throughout the organization. In the absence of information assymmetry, collaboration and consolidation within the company can be strengthened. With consolidation, it is possible to create cross-functional and corporate-wide reports. Although it must be admitted, this advantage can also be provided by ERP software.
2. In-depth reporting
Business Process Management (BPM) software is able to provide reports and analysis, but it is quite simple and only based on internal conditions, but BI is able to provide information on larger business issues at a strategic level.
3.Customized Graphic User Interface (GUI)
Business Intelligence can go a step further by providing a GUI customization facility. So that the GUI display is far from technical and provides a view of business according to the wishes of each user.
4. A little technical problem
The nature of Business Intelligence which is user friendly will greatly minimize the possibility of operating errors from the user, and BI is only a software at the top layer (information processing) and not a business process management.
5. Low procurement costs
Because BI is a software that works at the top layer of information processing, the price of the software is not as expensive as ERP. The procurement costs are also cheaper than ERP.
Databank BI opens the possibility to collaborate with ERP as a databank supplier which will be processed into reports and scorecards, however BI can also work from a separate database. BI also becomes open for use by professional analysts and researchers, whose processed data is secondary.
Another dashboard (BI) characteristic that ERP does not have is in terms of speed (responsiveness). For example, calculating the service level as one of the Key Performance Indicators (KPI). The dashboard function will give a warning to the user before the lower limit in the service level (lower limit) is exceeded. As a result, the problem can be handled before it actually comes to the surface.
One example in the health industry, the use of BI is instrumental in preventing the spread of an outbreak.
Edsen Consulting as a consulting company has Business Intelligence as one of the services that can provide quality information from its business activities in a timely, accurate and reliable manner through data communication channels, making it easier for company leaders in the process of making important and strategic decisions.
Friend of Edsen, Each company within the group prepares its own set of financial statements, is it really necessary to compile a consolidated version for the entire group?
The short answer is: yes.
There are a number of reasons why it remains important for any group of companies to continue to prepare consolidated financial statements.
Parent companies with multiple entities, there are several advantages to financial consolidation.
1. Performance At-a-Glance
For executives, investors, analysts and owners alike, financial consolidation is the single best way to view overall performance at-a-glance. Consolidating diverse financial reports into a single financial “snapshot” gives C-Suite, finance, and stakeholders invaluable insight into the parent company’s overall health. Without consolidation, it can be extremely difficult to assess financial performance among various subsidiaries.
Financial consolidation gives leadership the top-level insight they need in order to budget, forecast and plan more effectively.
By combining multiple reports into a single consolidated financial statement, finance has more time for strategic planning. Real-time consolidation accelerates the financial close rate and streamlines intercompany eliminations.
To find out complete information regarding the importance of preparing consolidated financial statements in each group of companies, let's join our webinar at the following link.
Friends of Edsen, earlier this year, does your company have a plan to replace the business system from a manual system to a technology-based system.
ED-SEN Consulting has an Early Stage Implementation Promo for companies wishing to implement NetSuite.
with prices starting from Rp.230,000,000, you will get bundling services from ED-SEN Consulting, which consists of
1. 5 General users.
2. Financial mid market cloud services.
3. Financial Accounting.
4. Order to cash.
5. Purchase to Payment.
6. Inventory Management.
If you have any suggestions please contact us as we have a referral program for you.
Friends of Edsen, When the bill is due, you have to pay it. Seems like that should be simple enough, right? Often times, the things that seem immediate turn out to be the most complex.
Managing your bills can be very easy, if you only have one or two of them each month and if the total costs are significantly less than you earn. If that's not the case, don't worry. With a little planning and priorities, you can handle your monthly bills and expenses.
ED-SEN Consulting earlier this year held a webinar that will address topics around efficient monthly billing management.
If you are interested in knowing how to efficiently manage monthly billing, please register for our Webinar which this time raises the topic How to Manage Monthly Billing and Income Stream Efficiently.
For registration information, please click the following link.
ED-SEN Consulting in collaboration with HIPMI held a Webinar on the prospects of Economics and Technology in 2021
Friends of Edsen, the Government of Indonesia, through the Ministry of Finance, estimates that Indonesia's economic growth will decline. The cause of the decline was none other than the corona virus pandemic which crippled economic activity throughout the world, including Indonesia.
Then, what about the projection of Indonesia's economic growth in 2021? Will conditions improve or will conditions be the same as in 2020? And how can information technology help industry in Indonesia?
To answer all this, ED-SEN Consulting in collaboration with the Indonesian Young Entrepreneurs Association (HIPMI) held a Webinar to find out how the 2021 economic prospects and how information technology helps the industry in Indonesia, and the role of cloud ERP in helping to control, monitor and grow your business.
Immediately register yourself on the ED-SEN Consulting webinar. For registration information, please click the following link.
Edsen Consulting Holds Corporate Tax Process Automation Webinar with Oracle NetSuite and Online Pajak
Edsen Consulting in collaboration with Online Pajak last September held a Webinar with the theme Automation of Corporate Taxation Processes with Oracle NetSuite and Online Taxes.
In the webinar, which presented two speakers, Ardianto Putra, Software Partnership Lead Online Tax and Rian Luthfi, Solution Consultant Edsen Consulting, discussed the concept of integration of corporate tax processes between Oracle NetSuite, Online Pajak, and the Direktorat Jendral Pajak (DJP).
In addition, this webinar also discusses how the technical integration of Oracle NetSuite with Online Pajak. Where by using Oracle NetSuite, corporate tax reporting becomes easier and more efficient in terms of time.
According to Ardianto Putra, using an ERP system such as Oracle NetSuite can reduce human error, calculate valid regulations, and detect errors to help reduce human error when handling large amounts of tax data.
Ardianto added, with an ERP system we can automate your company tax process with the Online Tax e-invoice. "With an ERP system like Oracle NetSuite, you can make tax payments with just one click through a virtual account," Ardianto said.
Rian Luthfi focuses more on Online Tax authentication, Oracle NetSuite Script and Modules, NetSuite Process Flow with Tax Online. In addition, Rian also explained about the Online Tax Management module, draft invoices, original invoices and replacement invoices.
On this occasion, Rian also conducted a demo with an Oracle NetSuite display of how the NetSuite process flow with Online Taxes.
All webinar participants are invited to view scripts up to the Oracle NetSuite module. Participants were given an illustration of how with Oracle NetSuite we can input corporate tax data, make corrections to create corporate tax invoices more easily and efficiently in terms of time.
The webinar participants also seemed enthusiastic about the theme raised in this webinar. Participants asked questions about paying taxes in their company and what are the benefits of using Oracle NetSuite in this tax automation process.
At the end of the Webinar, Edsen Consulting selects 3 best questioners who each receive exclusive merchandise from Edsen Consulting.