Save time (and money) by organizing your organization’s reports with ERM (Enterprise Report Management) software. Find out what it is and its benefits.
An Enterprise Report Management system or ERM (Enterprise Report Management) software is a unique platform for managing and accessing the information generated by a company’s central and departmental systems. It organizes, segments, and indexes reports while ensuring security and regulatory compliance.
How can we help our users to manage their business in a secure, simple, and efficient way? The answer is with ERM (Enterprise Report Management) software. In this article, we show you the full potential of this tool and also tell you how your organization will benefit from implementing it.
What is ERM software?
An Enterprise Reporting Management or ERM system is a complete solution for the management and segmented access to all the information of an organization. In other words, it collects all the data generated by the company’s central and departmental systems.
In other words, it is a centralized platform that allows any authorized user to access the information they need at any time and from anywhere. Therefore, clients, suppliers, and our work team are benefited. Since each one of them will be able to perform their tasks in a simple, safe, and efficient way.
¿Para qué sirve un software ERM?
ERM software has multiple functions that are developed on a single platform. For example, with Coldview ERM – Enterprise Report Management you can perform these actions with your organization’s reports:
Differences between ERM and Enterprise Reporting software
When talking about Enterprise Reporting Management or ERM, confusion may arise regarding the concept of Enterprise Reporting. However, they are not the same, since they have different scopes and the end-users are different.
Enterprise Reporting generates statistical reports that are created through business intelligence tools. Where data is presented in a compressed and organized form, which makes complex information easy to digest and understand. This makes it an analysis tool that helps decision-makers to make the best decisions.
Whereas an Enterprise Report Management system stores all reports and listings on a single platform. That is all the information that is generated by the central and departmental systems of the organization. This software shows users each document in standard or known formats to help people manage it more easily.
So what is the main difference between ERM software and Enterprise Reporting? The main difference is that the end-users of the software can be company members, suppliers, or customers. Each of them enters the platform with different types of users and permissions granted and has the information they need in a simple, secure, and efficient way. This action can be carried out from different accesses such as the intranet, a controlled extranet, or through the Internet.
In short, ERM is a technological solution that has a huge impact on the amount of time that each management takes. In addition to optimizing this valuable resource of the organization, it takes care of the security of sensitive data.
5 Benefits of ERM Software in Enterprise Reporting Management
Generally speaking, organizations that implement Enterprise Report Management software have found that it improves customer relationships, increases sales, and reduces the cost of doing business.
However, there are more specific benefits that we cannot fail to mention. For example
Imagine that this time that our collaborators waste in the search process are hours that the company pays for and that could be invested in productive tasks. On the other hand, the negative perception that it can generate in customers. Those who try to carry out a transaction do not manage to do so because they do not have the right information.
In conclusion, ERM software organizes, segments, and indexes our reports in a single platform, boosting the digitalization strategy, enhancing security, and ensuring compliance with regulations. In short, it’s automation that improves customer relationships, increases sales, and reduces the cost of doing business.
Now send us a message and tell us how do you manage your company’s reporting?
If you want to know more about what ERM can do for your company, get in touch and we’ll tell you.