More and more companies are adopting new pure-play business intelligence (BI) applications (such as Qlikview, Spotfire, Tableau) that work with ERP platforms rather than opting for bundled solutions of technology giants (IBM, Oracle, SAP) honed from their acquisitions of BI vendors. The emergence of agile, innovative new vendors, together with tough economic conditions has led to a trend of choosing open source, Software-as-a-Service (SaaS), and cloud computing BI solutions.
This paper first discusses the deployment of BI tools, especially in finance and accounting (F&A). It looks at eight drivers for BI solutions in F&A in both the public and private sectors. It also links some of the benefits of BI per driver. It then presents an overview of the four stages of a BI deployment, highlighting prerequisites and business decisions involved in each stage. The information in this paper is a BI roadmap for CFOs looking to use a BI solution as a key business enabler.