Grilstad, a meat production company in Norway, would rely on its ERP for financial data for reports. They then create those reports. This workflow, however, hampered their ability to produce reports as soon as they are needed. That is because they took hours on a single report. To resolve that, they implemented a business process management software such as Bizview.
The solution is designed to allow users to generate standard reports on-demand. Thus, it allows decision-makers to make critical choices on the spot. In this article, we look into the features of Bizview and examine its advantages and possible disadvantages.
To have a successful business process management, an organization must strive to have these six capability areas: strategic alignment, methods, IT, governance, people, and culture. In order to achieve that, a business needs to implement and execute a process design. It does not stop there, as they have to monitor it continually to make improvements.
On that note, many of today’s companies are committed to improving their BPM, as they realized the importance of business process management. In fact, a survey shows that 73% of organizations have a steady interest in BPM in the past two years.
Indeed, the market size of BPM was $198 billion in 2018. This corresponds to a 4.5% increase from the previous year. Among the software solutions contributing to the growth of the market is Bizview. Below, we will examine the pros and cons of Bizview, so you can determine if this is the right solution for you.
Bizview is a BPM solution that makes workflows more agile. It is designed to meet the needs of organizations that deal with massive volumes of data on a daily basis. Finance teams can take advantage of the similarity of the interface to Excel, which should allow them to design budgets and make forecasts quickly and confidently.
The platform optimizes the users’ knowledge of spreadsheets, enabling them to produce dashboards from data in Excel sheets. Bizview makes the process seamless with its drag-and-drop function that lets users move data around with ease.
Aside from that, Bizview has robust reporting tools that let organizations look into their expenses, sales, cash flow, and overall financial health closely. Users can look forward to more functions, which they can fully unlock when they subscribe. If interested, the solution’s pricing is available only on demand. However, the vendor does offer a free demo to give potential users a feel of the software.
Detailed Bizview Review
Bizview is designed for agility. This is thanks to its browser-based deployment and lightweight design. Its Excel-like interface enables users to utilize their existing spreadsheets-related skills. The platform allows customers to create business models, budgeting designs, and forecasting models.
On top of that, Bizview makes data entry simple. The familiar interface still plays a part in that, as its web forms are designed in a way that streamlines the entry of information.
Bizview allows for automation. Speaking of automation, here are 8 best practices in business process automation that every organization should be aware of.
With Bizview, organizations can create budget plans that cover all aspects of the operation from a single platform. You can make project budgets, cost budgets, and employee budgets, and more with the solution. That is possible with the solution’s advanced driver-based planning models.
But beyond budgets, Bizview also provides tools for accurate forecasting. By using it, business managers can come up with meticulous sales forecasts and cash flow forecasts. Indeed, businesses can use it to develop a sales process.
What’s more, it has features for occupancy planning, FTE planning, workforce planning, and many others. This only means
Having a single source of truth is essential for any organization. On this note, Bizview enables companies to connect various data sources. This way, users have access to dependable data at all times, especially when they produce reports.
Moreover, Bizview can help decision makers in making data-based choices. The solution makes it happen by allowing users to easily go through stacks of data and by providing them with ad-hoc and real-time analytics.
However, there may be some limitations to Bizview’s data consolidation capability. That is because it only integrates with a handful of solutions such as those from Microsoft, Deltek, and Infor, though it does support other platforms from other vendors.
Ensuring that all concerned parties can understand data is not difficult with Bizview’s interactive dashboards. Users can visualize information with charts, gauges, scorecards, KPI graphs, and many others. Thus, teams and stakeholders can see how each business unit is performing at a glance.
The visualizations help make discussions seamless. Since everyone in the room can easily read the data, they can stay on one page and arrive at decisions quickly, especially at critical times.
The only downside of this is that finer details may get lost, which can have an impact on the decisions made by managers and executives.
One of the advantages of Bizview is that it enables users to create ad-hoc reports anytime without relying on technically skilled colleagues. Plus, team members can access it easily from any modern browser. Thus, they can utilize their current skill set in creating reports that have all the information they need.
This also speeds up interconnected processes, as users become independent with this agility. But businesses can also take their reporting further with the best reporting tool in the market.
Bizview stays true to its name. It offers users deep insights into the activities of their organization, allowing them to understand every process and information thoroughly. It is thanks to its reporting suite that offers multiple visualization options. Users do not require great technical skills in order to access them at all, as they only need the skills they currently have to produce visually-stunning reports.
But more importantly, organizations can create integrated business plans on a single solution. They can produce different budgets and forecasts in one go for different aspects of the company, such as sales and workforce.
And if you are still experiencing mistakes and errors with your forecasting, you might want to look at these 8 common budget forecasting mistakes to learn how to fix them.
If you are still unsure about a solution, you can read these tips for choosing the best BPM software for your organization.
FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions.