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Do you pull data from multiple databases? - Apliqo

You use multiple database for different use cases in our organisations and it's difficult to pull that information together in a coherent way

Too many modern organizations find themselves with a complicated database structure that relies on a vast number of different tools and setups.  Typically this happens over time as different players seek the right tools for their specific needs, without thinking deeply about how it fits into the overall ecosystem.  As such, you get an array of different technologies that don’t fit well together and require precious technical resources to manage data transfers, data quality, and conversion errors that can be rather tedious.

But more than the challenges that arise, there is also significant opportunity cost when you’re working with multiple databases at once.

You use multiple databases for different use cases in our organisations and it's difficult to pull that information together in a coherent way.

Too many modern organizations find themselves with a complicated database structure that relies on a vast number of different tools and setups.  Typically this happens over time as different players seek the right tools for their specific needs, without thinking deeply about how it fits into the overall ecosystem.  As such, you get an array of different technologies that don’t fit well together and require precious technical resources to manage data transfers, data quality, and conversion errors that can be rather tedious.

But more than the challenges that arise, there is also significant opportunity cost when you’re working with multiple databases at once.

The value of one all-encompassing data warehouse

When your data is split across different systems, you miss out on so much serendipitous discovery because you never have a holistic view of all the data at your disposal.  It’s nearly impossible to spot correlations and important relationships between data that lives across different structures.  And even if you do, it’s difficult and time-consuming to do so.

Having all your data in one warehouse allows for you to perform advanced analytics on everything that you have access to, enabling an entirely new range of opportunities for data-driven insights. 

Just by having everything in close proximity, you create discoverability and cohesion that can transform how your business responds to data.

We all hear of the magic that is coming from the world of machine learning and data science, but all that starts with a well-structured data warehouse that is working at full power.  This has to be a priority if you want to compete in the data Olympics that we find ourselves in.

The value of one all-encompassing

data warehouse

When your data is split across different systems, you miss out on so much serendipitous discovery because you never have a holistic view of all the data at your disposal.  It’s nearly impossible to spot correlations and important relationships between data that lives across different structures.  And even if you do, it’s difficult and time-consuming to do so.

Having all your data in one warehouse allows for you to perform advanced analytics on everything that you have access to, enabling an entirely new range of opportunities for data-driven insights. 

Just by having everything in close proximity, you create discoverability and cohesion that can transform how your business responds to data.

We all hear of the magic that is coming from the world of machine learning and data science, but all that starts with a well-structured data warehouse that is working at full power.  This has to be a priority if you want to compete in the data Olympics that we find ourselves in.

How Apliqo can simplify your database strutures for maximum results

IBM Planning Analytics with Watson (TM1) and Apliqo were built with this objective in mind – to combine all your financial planning and analytics into one place so that you can make the right decisions with all the information at your fingertips.  The system helps to pull together diverse sets of information into reports, dashboards, and outputs that make sense of all the chaos.  By combining all this information into one easy-to-use interface, Apliqo can become the financial hub for your organization – acting as the source of truth that everyone can refer to.

Add onto this the advanced analytics that comes along with it, and you have a powerful database that routinely uncovers new ways to improve performance and optimize operations.  It’s one of those things that you’ll only really appreciate when you see it with your own eyes.

How Apliqo can simplify your database structures

for maximum results

IBM Planning Analytics with Watson (TM1) and Apliqo were built with this objective in mind – to combine all your financial planning and analytics into one place so that you can make the right decisions with all the information at your fingertips.  The system helps to pull together diverse sets of information into reports, dashboards, and outputs that make sense of all the chaos.  By combining all this information into one easy-to-use interface, Apliqo can become the financial hub for your organization – acting as the source of truth that everyone can refer to.

Add onto this the advanced analytics that comes along with it, and you have a powerful database that routinely uncovers new ways to improve performance and optimize operations.  It’s one of those things that you’ll only really appreciate when you see it with your own eyes.

If you're wading through a convoluted multi-database setup, now is the time to try Apliqo FPM.

Book a call today and let us help you simplify your infrastructure and leverage the unified power that Apliqo gives you.

Faber Castell logo
Häfele logo
Ardex logo

We’re proud to have helped these companies plan better.

If you're wading through a convoluted multi-database setup, now is the time to try Apliqo FPM.

Book a call today and let us help you simplify your infrastructure and leverage the unified power that Apliqo gives you.

Faber Castell logo
Häfele logo
Ardex logo

We’re proud to have helped these companies plan better.

Recent articles from the Apliqo FP&A blog

Recent articles from

the Apliqo FP&A blog

Cash flow management: Optimising it with FP&A — A smarter approach for finance teams

Effective cash flow management is more than just a numbers game — it is a strategic imperative. As companies navigate through economic uncertainties and a rapidly evolving market landscape, the ability to forecast, monitor, and analyse cash flow becomes essential for sustaining growth and ensuring long-term stability.

Read this article
cash flow management

Financial consolidation: more than just compliance

There’s a persistent myth that abounds that financial consolidation is merely a checkbox for compliance and a routine set of tasks that happens under dire pressure to appease the auditors. However, this leaves a lot of potential on the table. With the increasing complexity of corporate structures, the need for strong consolidation is much more than that.

Read this article
financial consolidation

Data security — Essential strategies to Fortify FP&A

In any organisation, the FP&A team is going to be responsible for handling vast amounts of sensitive financial data. From revenue forecasts to strategic planning metrics, these insights are critical to an organisation's success. However, a single data breach or security lapse can lead to financial losses, reputational damage, and regulatory penalties – thus making data security more important than ever.

Read this article
data security

FP&A software - How to customise it to fit your business needs

Financial planning and analysis (FP&A) software has become an essential tool for modern businesses, offering robust capabilities to forecast, budget, and analyse financial performance. However, many organisations struggle to fully leverage these sophisticated systems, often underutilising key features or adapting their processes to fit the software rather than customising the software to fit their unique needs.

Read this article
fp&a software

Enhancing collaboration between finance and operations through FP&A software

Collaboration between finance and operations teams is crucial for an organisation's success, but too often they simply don’t speak the same language. Finance teams tend to focus on financial accuracy, budgeting, and forecasting, while operations teams are driven by efficiency, productivity, and execution.

Read this article
fp&a software