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Unformatted text preview: improve them. Companies that use BI to find bad business processes are at an advantage over companies who only use BI to monitor activity. By opening up BI, employees can modify their own practices, which lead to better performance. Quaker Chemical used its BI to change its accounts receivable. The system tracked company's payments and alerted account managers if one of their accounts didn't pay for that month. Takeaway: Business intelligence, or BI, can be used for so much more than executive decision-making. Depending how the CIO of a company uses BI, it can transform the whole company's way of operating. It can improve business processes by going beyond basic reporting. BI can increase efficiency depending on how the CIO and IT department use the information that is at their fingertips. Avnet and Quaker Chemical are good examples of what a company can do with it's BI by demonstrating that they can use it beyond decision support....
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- Fall '08
- Meteorological intelligence