If you’re an HVAC supplier and distributor, the ability to aggregate and analyze your business data will have a significant impact on whether you can meet market demands. Mounting competition, increasing pressure on pricing, and shrinking margins have made it even more important to capture, manage, and analyze data to improve your ability to serve your customers. Business Intelligence (BI) systems gather data from databases and silos across your business and consolidate them into a single source of truth for your entire operation. BI converts your raw data into actionable insights that you can drill into the information with only a few clicks. In a matter of seconds, you can analyze the data to make quick and informed business decisions.
HVAC parts are numerous and varied. The volume of data moving across your organization and between customers and partners can seem overwhelming. For many companies, tracking purchases, transfers between branches and warehouses, returns, and all the complexity associated with invoicing, margin, and rebate calculations, as well as discounts and promotions, can be a daunting, error-prone and time-consuming process. BI is built to handle these tasks.