Spreadsheets are the foundation upon which MIS and operational reports were built in the past. They have been used by small and mid-size organizations to satisfy their demands for analysis, to give them a competitive advantage. But the concern for business confidence in spreadsheet data and results is a challenge. Spreadsheets lack integrity, traceability, consistency, information security, and lead to non-compliance of security frameworks and standards, which erode business confidence in spreadsheet data and results.

Apart from being cumbersome, it has data consolidation and versioning issues. Besides, it is not suitable for collaborative work environment, as they lack publishing and collaborative sharing features. It even does not allow automatic update of data. Moreover, it has limited analytic functions and beyond basics, it necessitates support from IT consultants to develop reports and analysis.

Business Intelligence is scheduled to be the next biggest business related focus area to equip organizations for a competitive future. With every enterprise having gathered tons of untapped data, it is increasingly becoming difficult to combine and access the required information and derive managerial clarity and vision from the data presented using spreadsheets or reports. BI tools are here to fill this emptiness by empowering users with streamlined quality data, and strong analytical and reporting mechanisms enabling them to instantly perform focused analysis leading to intelligent decisions based on sound reasoning.

Learn how you can overcome the obstacles of Traditional data analysis and reporting with ElegantJ BI. Take a comparative look at the Traditional Approach and the Modern BI Approach and realize the benefits of BI over report writers and spreadsheets. You can even read the BI success story of Mr Smith-from Traditional Non-Intelligent route to Intelligent route of Performance Analysis and Reports - and see how BI makes a difference in his life. For more information, read our white paper Business Intelligence vs Spreadsheets.