We mentioned in our last post that the ‘best fit’ ERP solution for your cannabusiness is one that provides you with visibility across your entire organisation.
Data analytics that show you exactly what’s happening from seed to sale and allowing you to understand and report on operational delivery, and key business metrics and financials, all tailored to the needs of the audience.
In an industry that will enjoy unprecedented revenue growth in the coming years and the exceptionally competitive environment that goes with it, the value of in-depth insights into your cannabusiness’s performance cannot be underestimated.
A data driven decision is the best decision
At some point in your cannabusiness journey, and it’s irrelevant when, you’ll want to have access to more in-depth analysis and be in a position to view your organisation at the most granular level.
Ideally, you’ll need expert tools integrated with your ERP solution to provide a dynamic and agile environment for you to achieve a truly in-depth analysis across the breadth of your business whether that be operations, financials, or sales.
One such solution is Sage Data & Analytics (SD&A) which automates and simplifies the process of collecting data from your ERP and combining it with other applications and data sources.
Its standardised approach, automation, out of the box capabilities and strong integration makes managing data and extracting accurate and relevant insights really simple. Unlike other BI tools, there is no need for manually built, proprietary data warehouses.
6 Reasons why Business Intelligence is so Valuable for your Cannabusiness
A pre-set and highly customisable data model allows for the straightforward collection, management, and optimisation of data.
Lower cost and risk
Because there’s no need for manually built, proprietary data warehouses that are also expensive to maintain, your cannabusiness will see a quicker return on investment with less risk and total cost of ownership.
Scalable to grow with your cannabusiness
Available as a cloud-based solution, SD&A is highly scalable and meets the evolving demands of your growing cannabusiness.
Intelligent business-wide insights to deliver success
Having the ability to create and organise data from multiple applications and data sources provides the level of granularity required to pinpoint and measure the strengths, challenges, and trends across every function of your cannabusiness enabling you to make smart, well-informed, and real-time business decisions that will deliver success for your organisation.
As a heavily regulated industry that requires the highest quality and compliance standards, a solution that helps to deliver robust reporting, rigorous testing and stringent controls is crucial to any cannabusiness.
Whilst compliance can prove costly in the cannabis industry, a relevant BI solution will help reduce the cost of being compliant by providing tight control, adding to profitability without losing focus on quality and profitability.
Trusted and Secure Data
Robust governance and tight data controls, multiple levels of security and user-friendly administration tools ensure the highest levels of data integrity and security.
Aptus Business Solutions
With the highly rated Nextec Cannabusiness ERP, SD&A provides unrivalled insights at the most granular level. Highly customisable and intuitive, it can demonstrate and measure business performance through role-based dashboards across all functions from operations, plant production, plant processing, finance, tracking and delivery, to sales and services.
As a trusted partner of Nextec and SD&A, Aptus Business Solutions can help you to navigate the sometimes complex ERP evaluation process and select the ‘best fit’ software for your cannabusiness.
From the outset, we get to know your pain points, listen to what’s working, what’s not and advise you on exactly what it is that your cannabusiness needs.
If you’d like to chat and discuss further, please get in touch or call 1300 998 594.