Startups and small businesses rely on financial reporting to set benchmarks, inform operational decisions, and measure overall organizational health. However, many new business owners feel overwhelmed by the breadth of financial reporting available to them.
When small businesses utilize well-equipped financial accounting software, confusion can lead to decision paralysis.
Most business owners and leaders have been a part of the growing conversation around expanding business intelligence (BI) capabilities. They understand that their businesses possess a gold mine of data that can be tapped into using BI methods to increase production efficiency, sell to consumers more effectively, capitalize on market opportunities, improve product outputs, and sustain growth.