Businesses generate a tremendous amount of data today. One of the hottest trends for businesses is being able to look at business intelligence or business analytics in order to make more informed decisions. Business analytics give solid answers to timely questions.
QuickBooks and Beyond takes a look at some of the relevant business analytics tools for accounting professionals. They look at the challenge facing accounting professionals when it comes to retrieving this kind of data, as well as what kind of data can and should be obtained.
The long and short of it is that QuickBooks is home to tons of data that can be used for financial reporting as well as for operational analytics, and the smart business uses that data effectively.