The Role of Business Intelligence on the Constraints of User Financial Information

With the increasing volume of information release as well as the speed to respond to the various needs of the market, it is necessary to utilize tools that can replace humans to analyze, predict and decide. One of the most effective tools in the decision making process is business intelligence. Business intelligence has been adopted as a tool for effective design and management to support intelligent decision-making in organizations that do not use a powerful modern reporting tool in face of many problems like diffuse and voluminous data, slow reporting, reporting at middle managing level and inability to provide analytical and multidimensional reports. Financial data can be useful only when they are of high quality, i.e. having dependability and relevance. Business intelligence is both time and cost-saving because of the structure it creates in the organization and helps the business to provide reliable and relevant information by solving the above problems. For this purpose, the necessary data was collected from the Iranian society of certified accountants and was measured with structural equation method. The review showed the business intelligence indicators like integrity, informative capacity, communication and inference, business analysis, technical analysis, research analysis, warning systems and effective decision-making system are suitable for measuring quality specifications of financial information that have both relevance and dependability and show acceptable functionality. The study also shows that business intelligence can overcome 87% of financial information constraints and add to its quality.