Business Intelligence Solution Approach:
So the question begets, what should you do to gain not just visibility, but insight and eventually predictive and actionable insight. Is buying multitude of tools the answer, is enhancing your ERP based reporting solution the answer or investing in a new 'Reporting Tool' the answer?

Unfortunately, none of the options is a viable one. ERP reporting tools are just not architectured for reporting, period! A 'tools' based approach is flawed, because you are still working in silo. What you do not need is a specialized solution in a narrow realm. Because, businesses are like perfectly operating orchestra, to get the best music out, you need to emphasize on bringing out the combination of instruments. Similarly, in business, you need to cut across the silos of Sales, Fulfillment, Procurement, Accounting, Finance etc. to build a holistic picture of your business. What you need to achieve that is a BI Strategy, a holistic BI Solution approach for your Enterprise.