5 Reasons Why Every Business Should Use Microsoft Power BI Analytics

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Business data analytics is essential for any enterprise that seeks to enhance its process efficiency and make faster decisions. Through data analytics, a business can identify its strengths and performance gaps to improve its operations. However, it’s not uncommon for companies to still use outdated tools like pen and paper or track their progress on Excel.

Yet, once you experience modern analytics tools like Microsoft Power BI, you cannot return to your manual Excel sheets. Not only does it collect vital data points about your business, but it also provides valuable insights into your progress. And the exciting news is that LABBIS has been working with Microsoft systems for years, and we offer these services to our customers. We provide automation tools that could help your business grow, optimize, and automate tedious and time-consuming manual processes. And in this article, you’ll learn why every business should prioritize data analytics and how Microsoft Power BI can transform your data into strategic insights.

What is Microsoft Power BI?

Microsoft Power BI is a cloud-based data analytics tool for businesses. It only takes a simple integration to access significant amounts of data from various departments and segments of your business, process them, and turn them into simple and understandable tables and charts. You can get insights into your sales, expenses, different departments, and their performance. Furthermore, you can connect data from multiple platforms. The Power BI tool facilitates performance tracking and setting smart goals based on clear statistical information.

The tool converts data into clear visuals like graphs and illustrations to present data and interactively manage it. You can access this information on the same platform or transport data to Excel sheets, Dynamics 365, and other tools since all information is stored in the cloud.

What businesses use Microsoft Power BI?

Microsoft Power BI serves thousands of companies worldwide from various industries, including technology, financial services, healthcare, and more. Many companies choose the Microsoft Power BI tool because it is easy to integrate into small business processes and large corporation operations.

5 benefits of Microsoft Power BI for your business

1.     Helps you understand your business processes better

As your business grows, keeping track of every detail across different departments and processes becomes increasingly challenging. Basic tools like pen and paper or Excel sheets don’t provide enough information to gain insights. Power BI presents data in clear graphs based on your preferences, making it easy to share with colleagues or partners and make informed decisions. The platform also uses machine learning to optimize processes.

2.     Reduces human errors

Without clear data on your progress, you may miss areas that need improvement or repeat mistakes that hinder progress. Power BI tracks gaps and comprehensively presents data, giving you a clear perspective on your company’s performance.

3.     Gives real-time information

As your company grows, same-day data may be outdated. Power BI constantly updates data in real time, enabling you to compare information based on time and date and gain valuable insights from a long-term perspective. Microsoft uses fast cloud technology to ensure speedy updates.

4.     Updates automatically

Once you install Microsoft Power BI, the system updates automatically, ensuring the latest safety features and other improvements. With weekly updates, any interruptions you may face will be resolved promptly. We also provide 24/7 customer service and a competence center to address any problems or system interruptions.

5.     Provides high data security

Power BI ensures the safety of your data with a personalized system that allows you to assign different access rights to each employee. Full data encryption safeguards data when you send it to colleagues or partners. Access your data anywhere with the innovative Power BI mobile app. All data is stored on the cloud and protected using the Microsoft Cloud App Security portal. The system also alerts you and blocks any suspicious activity.

LABBIS data analytics solution for your business

Data analytics provides a comprehensive understanding of your business. As an official Microsoft Power BI partner in Lithuania, we help our clients integrate Power BI into their business operations and discover its unlimited opportunities. This solution can transform any business — from small private companies to large and established enterprises. With a deep understanding of your business, you can spot performance gaps and manage your company more effectively. Elevate your business to the next level with the Power BI analytics solution!

 

How To Protect Your Business From Cyberattacks?

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Today, it would be difficult for many people to imagine their daily lives without various technologies: starting with mobile phones, computers, smart home appliances, and cars and ending with all the business management platforms and systems that we use in the business world.

However, every time we use any of these devices or systems, we face the risk that private information may become exposed to third parties who can illegally steal and use this data for their own purposes. To avoid cyberattacks, it is necessary to ensure cyber security both in personal and work environments.

What is cyber security?

Cyber security includes protecting digital information, devices, accounts, documents, and money, making it an increasingly relevant topic in personal life and the business world.

The three most important areas of cyber security are confidentiality, integrity, and availability. Properly securing data in the digital space ensures that only authorized persons can access your documents and accounts, your information cannot be changed without your permission, and you can freely access your data and systems.

Cyber security for smooth business operations

If using various digital devices and systems for personal purposes puts your data at risk, then using them at work threatens the security of all company data. Thus, the importance of digital security in business becomes even more prominent.

However, you can minimize the risks of jeopardizing corporate data by ensuring the security of business, company, and customer data and taking preventive measures. And you can achieve all of this by using specially designed services and tools.

How does LABBIS ensure cyber security?

Preventive measures and strategies that ensure protection against cyberattacks are an integral part of our products and services. By using our systems and services, cyber security becomes a continuous process that includes not only the internal infrastructure of the company but also intercontinental security. This, in turn, ensures smooth business processes for the company.

Global company security made easy

We offer Microsoft Azure services to ensure the safety of your company’s activities. We will adapt them to your system or, if necessary, create a solution with integrated services.

With these services, you can easily:

  • Create data backup copies and store information using the Storage It allows you to ensure uninterrupted and smooth business operations.
  • Protect your company’s website with advanced protection features provided by the Azure Security Center. In case something hinders your website, a copy of it will start working instead.
  • Limit IP access rights with the Access Restriction feature. This feature blocks and prevents unsolicited requests from third parties.
  • Analyze data from various sources, including visits to your website with Power BI Pro service.

These are just a few of the many cybersecurity benefits Microsoft Azure provides for your business. If you want to learn more about cyber threat prevention or how to enhance your current cybersecurity tools, please contact us, and we’ll find the best solution for you.

We Consolidated Our Partnership With Oracle

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We are thrilled to announce that we have updated and strengthened our partnership with Oracle, one of the leading data analytics services providers. Together, we offer unique business intelligence solutions that can help businesses achieve faster growth.

Our clients can now try Oracle BI, one of the most popular analytics tools available. This powerful solution allows you to gather data from various sources, analyze it, and gain insights for strategic business development and faster decision-making.

Why should every business use data analytics?

As your business grows, the lack of effective analytics tools can hinder your progress. It can become increasingly challenging to track all the different processes happening in various departments and business systems, making it difficult to get a complete view of how your company is doing.

Many corporations still rely on manual processes instead of digital tools, which can be time-consuming and increase the risk of errors. This can lead to inaccurate results and delayed decision-making.

Fortunately, intelligent analytics tools can help you use data more effectively, providing more precise insights. Working with Oracle, we can offer a range of services to help you achieve your business goals:

  • Oracle BI Server Analytics system. This system allows you to equalize metadata, generate calculations and smart requests, optimize data access, and more.
  • Report batch with Oracle BI Publisher. This feature enables you to manage reports from different data sources, which can be particularly useful for institutions dealing with regulated activity reports.
  • Oracle BI Interactive Dashboards and Oracle BI Answers. With these tools, you can analyze unlimited data, perform OLAP analyses, generate advanced visualizations, get business forecasts, and receive new data and indication cards.

With the Oracle BI system, you can access all its features using your primary business infrastructure, where you can manage metadata, share it with your colleagues and partners, and collaborate in developing analyses and reports. You can extract information in a report or table format and make ad hoc requests, synchronizing the program with MS Office pack programs when needed.

How Can Automation Help Manage Employee Data According To GDPR?

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After 2018 May 25th, every company within the EU that manages personal data has to comply with the General Data Protection Regulation (GDPR) requirements. Like every new law and requirement, GDPR compliance can be challenging for a business. But it’s not as difficult to meet all the necessary GDPR requirements as it might seem at first. In this article, you’ll find more information about GDPR requirements for businesses and how to automate the regulation in your day-to-day operations.

What are your obligations as a business?

Every time you hire a new employee, your company receives personal data about the hire. You receive and must store information like names, surnames, ID numbers, signatures, pictures, addresses, phone numbers, bank account numbers, and other sensitive data.

GDPR obliges the employer to protect this data from third parties and ensure that this information is handled correctly in operations that require personal employee data.

Who’s responsible for personal data management?

Initially, your company is responsible for all staff’s personal data. But you can hire a data protection officer to ensure full compliance with the GDPR requirements. This employee is responsible for monitoring the safe management of personal data and providing guidance to other employees in the department. They also communicate with the data protection organization responsible for informing the staff about GDPR requirements and their involvement in data management.

Why is it important to take care of GDPR requirements now?

Nowadays, data has become very valuable and vulnerable at the same time. That’s why businesses must ensure data safety and proper management. There’s no doubt that in the future, requirements for data administration and security will only increase, and so will the fines for improper management. This only emphasizes the importance of ensuring proper personal data management.

GDPR compliance and data protection became even more necessary when many companies, after the COVID-19 pandemic, moved to hybrid and remote working models. When most work communication and data exchange happen online, the risk of data mismanagement increases. That’s one more reason to ensure your company is compliant with GDPR.

How can you manage personal data more efficiently in your company?

While GDPR requirements might sound like just another burden for your company, you can seamlessly protect your staff’s data with the right tools and programs. 

One such tool is our program, BONUS. A part of this system is designed to handle data management. It regularly audits data and picks information that can be erased or depersonalized based on pre-set settings. You can manage when to erase or depersonalize data to automate the whole process and ensure better information protection.

What are the BONUS GDPR tool benefits?

  • It reduces the risk of storing excess data by automatically detecting outdated information.
  • It ensures that your company is GDPR-compliant.
  • It provides automated data collection, erasure, and depersonalization. 
  • It ensures precision and control — you can see and access data that needs to be deleted when an employee leaves the company. The system automates the whole process, saving human resources and time. 
  • It enables responsible employees to send notifications about upcoming data depersonalizations and erasures, also reports about stored data of specific employees.

 

If you want to improve data management in your enterprise, contact us, and we’ll find the best solution for your company.

5 Reasons To Start Using SaaS Solutions In Your Business

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If you’re planning to start using enterprise resource planning systems (ERP) or any other business process management solutions, you’re probably wondering where to start and what system is best for your company. In most cases, you have two options: you can install a management program into your business operations or use a cloud solution.

What we’ve noticed is that more and more companies, including our clients, prefer SaaS (Software as a Service) cloud solutions for their businesses. Cloud infrastructure has many benefits, such as letting you manage your business remotely while ensuring data security. However, it’s only a fraction of the benefits that a SaaS cloud system can provide for your business.

SaaS is an excellent alternative to storing software on your company’s servers. Instead of buying new hardware and creating a separate server, cloud-based SaaS offers more convenient renting options to use the software and access all the information wherever you are.

What are the 5 main benefits of a SaaS system?

  1. Saved money. You don’t need to invest your resources in buying and building hardware. It only takes a few hours to install and activate the program. You can also choose the features you need for your individual business needs and pay only for what you use.
  2. Automatic updates. The system updates automatically, so you don’t have to do anything. You are always using the latest system version, and it transfers and updates all the data without your intervention.
  3. Backup versions are stored on the cloud. These copies are protected against threats from third parties, allowing you to use the system without interruption.
  4. Remote access. You can access the system anywhere in the world so that you can manage your company remotely wherever you are.
  5. Global data security standard. The system is certified and protected with the global standard for cybersecurity. We use Microsoft Azure ERP solutions, which rank among the world’s 3 biggest and most trusted cloud service providers.

Do you want to learn more about the benefits of SaaS for your business? Or perhaps you’re ready to boost your business efficiency with digital tools? Contact us, and we will help you choose the right services and features to complement your business.

It’s Time To Say Goodbye To Internet Explorer: What Should You Know About The End Of This Browser?

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Microsoft Internet Explorer web browser is saying goodbye to its loyal users. The symbol of the early internet, Internet Explorer, won’t be supported by some of the Windows 10 software versions from June 2022. Instead, the company is encouraging customers to use alternative browsers.

Our programs like Savitarna, Logas, Help Desk, CVP/DARSIS, and CRM won’t support Internet Explorer after the updates come into effect. Instead, you can use other web browsers like Microsoft Edge, Google Chrome, Mozilla Firefox, etc.

If you are a loyal Internet Explorer user, don’t be disappointed, the new web browsers offer many benefits, such as:

  1. Better compatibility with your devices. Internet Explorer’s successor Microsoft Edge is a modern web browser designed using the latest internet technology, allowing you to browse the web more safely and efficiently. You can use it on multiple devices without any interruptions or additional programs.
  2. More productivity. Use one browser for all your tasks. Until now, some ERP systems were designed to be used only with Internet Explorer, which would limit your other tasks. But now you can use one browser for all your work and software.
  3. Improved security. According to findings, each second, hackers try to steal 579 passwords. Not to mention many other cyber threats you face each day. That’s why using a web browser equipped with the latest data security features is crucial. Modern web browsers like Google Chrome, Microsoft Edge, etc., offer a safe browsing experience for all your devices.

If you’re unsure which web browser to choose, we encourage you to try a few to pick the one that meets your needs. If you have questions about the web browser updates or want to know how to start using a new web browser, you can always contact your IT system administrator or us through our Help Desk system.

How To Automate Business Management Processes In Your Company?

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It would be hard to imagine a modern company without process automation. The benefits of automation for business are endless — saved time and human resources, increased performance efficiency, faster document management — you name it. If you’re still unsure about automation in your business, we prepared a few reasons why your company should start process automation and optimization and how we can do that together.

Prepare for changes

Before you begin any changes in your business, it’s good to know what and why you want to improve. We recommend you answer these questions with your team:

  • Where in your business could you use more efficiency?
  • What results do you seek?

Of course, let’s not forget that you won’t be able to automate and assign everything to systems all at once. Just like any other update in your business, it’s better to start automation step by step.

There’s only one priority

Even if it seems impossible to see which areas of your business need automation, it’s important to make a priority list. Here are some tips on how to select the areas that need automation the most:

  1. Pick a process in your business that is short, easy, but repetitive. Something that needs to be done, but you don’t mind experimenting with automation to take it off your hands. This way, with minimal investment, you’re already saving time and introducing automation to your business and team. It will inspire and encourage you to optimize more processes.
  2. Be sensitive to your team’s needs. Initially, it’s better not to pick an area that would stir up your team’s work too much. It’s better to start small to show them how beneficial automation is. When the staff sees how easy and effective it is, they’ll be eager to optimize more operations.

Be the alert observer

In the beginning, you should always ensure that automation works for the business and your team. After all, its primary goal is to save time and resources, and if you see that it achieves the opposite, something needs to be revised. Most errors occur when the system is prepared incorrectly or your team doesn’t use the new digital tools.

When you spot a mistake or some interruptions, it’s important to fix it right away to avoid errors piling up or affecting your business in any way. Every problem has a source and a solution. For example, if your team is reluctant to use the new tool, most likely it’s because they need more information about automation and its benefits for their performance. Or the process needs to be better adjusted to the needs of the staff. That’s why we always recommend talking to your team first to identify their needs and concerns.

What’s next?

Even after automation is complete, there are always things to improve. That’s why:

  • Give a certain period of time to track and notice the benefits and changes in your business after automation. You may notice other areas in the company that could be optimized better.
  • Share your success story with your colleagues — when people see how much time they could save relying on automation, it’s impossible to say no to it.
  • Keep moving and growing. The world doesn’t stay still. New tools enter the market each day, so following updates and trends will help you stay ahead.

If you are ready to automate your business processes — we are here to help you. Contact us, and we’ll assist you in choosing the best solution for your individual business needs.

Important Announcement For Microsoft 365 Users: Changes To Authentication Settings

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If you’re using Microsoft 365, be aware of the authentication method changes that the company is doing without any prior announcement. Microsoft is introducing a new default option that disables some of our system features. The update mainly affects email functionality, but we recommend you contact your IT system administrator to avoid service interruptions. 

Unfortunately, there’s no information about the exact date when the new Microsoft authentication updates will start. It’s important to remember that our systems can’t identify these new updates, so it’s crucial that you take care of it yourself to be able to use all LABBIS system features and functionality.

After the new authentication update, you’ll be able to access Microsoft programs using the Modern Authentication method. If you wish to continue using our systems, you should enable the SMTP protocol to authenticate using the Basic Authentication method.

If you miss this Microsoft update, invoices, mutual acts, important documents, and other emails might not reach your partners, colleagues, and clients.

If you’re using Konto (Labbis 4), Bonus, Savitarna (a staff management system), LOGAS (a document management system), Billing, Service, Land Rent Tax system, CVP/DARSIS, TPP, and other programs to send and manage emails, you should take action immediately.

To get more information and help with these changes, contact your IT system administrator or us through the LABBIS HelpDesk system.

To find more information and guidelines on how to change your settings while keeping the SMTP protocol enabled to authenticate using the Basic Authentication, you can click here: Enabling Modern or Basic Authentication for Microsoft 365 | Windows OS Hub (woshub.com)