If you're running a supply chain with several various locations, it can be tough to keep track of your finances.
Luckily, there's a solution: Vahana.
Vahana is an ERP business intelligence solution that allows you to see all your financial data in one place, for all of your various locations. It's streamlined, easy to use and perfect for maintaining your sanity and making things run more smoothly.
Here's what you need to know.
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What Is Vahana?
Vahana is an advanced ERP solution that brings your financial information previously managed by Sage 300 together with operational data from BluJay.
From there, Vahana manages this data in the fashion of a SaaS cloud solution and offers all of that information up for access by various members of your team.
Thanks to the real-time methodology of Vahana, your organization has access to financials, inventory, payroll, reporting and more from a single, convenient location.
How Does Vahana Work?
Vahana integrates with BluJay and Sage 300 software, which helps companies manage their business across geographies. This, in turn, alleviates the complexity of traditional enterprise resource planning (ERP) software.
Benefits of Vahana
There are dozens of unique advantages of Vahana, but these are the most pronounced:
- Reduced Operational & Administrative Costs
A study by Ohio State University's Jim Hendrickson reported 86 percent of respondents believe their ERP needs to be supplemented with other supply chain execution automation.
Right now, 81 percent of organizations are in the process of implementing ERP.
This is a massive benefit, seeing as real-time data reduces operational and administrative costs by 22 percent. This, in turn, allows organizations to re-allocate their assets and spend more intelligently across the board.
- Increasing Cloud BI Adoption
Today, 78 percent of executives are planning to expand the use of cloud for BI and data management in the next 12 months.
As adoption increases, real-time data visualization and management become more accessible for organizations, and brands will have access to more intelligent solutions.
- Easier Identification of New Revenue Opportunities
A great ERP business intelligence solution allows companies to identify new revenue opportunities.
Because this solution gathers all data, both historical and current, into a single, convenient place, it enables companies to analyze all data, obtain insights about potential revenue opportunities and identify areas of the business that need additional attention.
What's more, a good ERP business intelligence solution allows companies to develop new offers based on the current market situation. This, in turn, leads to higher customer satisfaction and retention.
By implementing an ERP business intelligence solution for your company, you'll have access to a large selection of benefits.
In addition to automated insights, an ERP business intelligence solution provides a 360-degree view of customers, improved inventory management, enhanced efficiency, more accurate reporting and resource allocation, and a greater command of your team's potential.
Beyond this, these business solutions also make it easier to avoid inaccuracies, streamline data entry and management, and understand customer behavior more completely and accurately.
By providing an accurate stream of insights about your company, a great ERP business intelligence solution allows for more intentional business dealings and enhanced information utilization.
Manage accounts payable, maximize supply chain capabilities, streamline logistics and enjoy stronger vendor relationships with these intelligent, comprehensive and business-focused solutions.
If you have questions or want to discuss how Vahana can benefit your company, please request your free Vahana consultation below.