In controlling department Excel is used to prepare and customize reports, presentations and ad hoc analysis according to management guidelines. Excel provides great functionalities too controllers and is essential tool in everyday work without alternative. On the other side business intelligence software is great in reporting, planning, workflow, consolidation, analysis, masterdata management and similar processes in controlling. Lack of integration between Excel and Business Intelligence software causes many everyday problems.
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Extremely important fact to consider is roadmap of business intelligence tool. There were many tools that were simply “abandond” buy their owners. Place yourself on vendors position, would you keep in your portfolio competing products? SAP for example has this dilemma. Which product shall be integrated into vertical products platform as complete solution and which shall be abandoned… If company implements product that will soon terminate deployment and development simply due too business intelligence market processes – acquistions or mergers…their implemented business intelligence tool is vaste of investment.
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