The impact of corporate business intelligence applications and an application in the finance sector

Business intelligence is the process and methods that enable businesses to gain a competitive advantage by effectively analyzing large amounts of data and transforming it into meaningful information. In this context, it becomes clear that business intelligence not only improves data management and decision-making processes but also plays a critical role in strategic management. The main purpose of this study is to increase efficiency in reporting processes and optimize decision-making processes by detailing the transition process of business intelligence solutions in financial institutions. In the study, the Check Report, which reports the status of checks in XY financial institutions, is discussed. Within the scope of the study, Check Reports during the transition to business intelligence in XY financial institution; In the first stage, prepare reports manually, in the second stage, prepare them with PL/SQL, and in the last stage, prepare them with a business intelligence solution were examined and their outputs were compared. SAP Business Object, one of the business intelligence tools, was used in the study. In conclusion, business intelligence provides fast and direct access to reports, data security, freedom from personal dependency, and efficiency in internal information sharing. In addition, results of increased data quality and efficiency in the reporting process were obtained.