LOS ANGELES, California, May 29, 2012 – Solver, Inc., a global leader in Business Intelligence for Microsoft Dynamics AX, GP, NAV, SL and other enterprise resource planning (ERP) systems, today announced it was recognized with the 2012 Red Herring Top 100 North America Tech Startup award in recognition of the leading private companies from Americas, celebrating these startups’ innovations and technologies across their respective industries.

Red Herring’s Top 100 Americas list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.

“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners. We believe Solver embodies the vision, drive and innovation that define a successful entrepreneurial venture. Solver should be proud of its accomplishment, as the competition was very strong.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Americas.

About Solver

Solver provides BI360, the leading Business Intelligence suite for Microsoft Dynamics AX, GP, NAV, SL, Sage MAS 500 and X3, Epicor Prophet21, and other ERP systems. Solver is a Microsoft Gold ISV Partner and the winner of the Microsoft BI Partner of Year Award. BI360 is sold through a world-wide network of resellers and is ideal for companies looking to find a user friendly, yet highly functional Reporting, Budgeting, Dashboard and Data Warehouse solution to give them deep insight and actionable information across all facets of their organization.

For any questions, visit Solver’s website or contact Solver at info@solverusa.com.

Have you ever wondered how many of your department heads or subsidiaries ever read the monthly reports you are sending them? Many managers are not trained in reading detailed financial statements, nor are they “excited” by all the rows and columns of numbers. As a matter of fact, most people are better wired for reading narrative stories than long lists of numbers (think phone book), and thus they are able to capture and process more information from this format.
Below you can see an example of the new Automated Narrative Reporting available within BI360. It will automatically generate the narrative based on algorithms as well as data available in the ERP system or in the data warehouse, and using the Publisher, the system can run and distribute an unlimited number of reports during the night.
Now, imagine being a non-financial manager, and receiving the typical financial statement below:
Which one do you think most non-financial managers will prefer? The best way to deliver auto-narrated reports are in conjunction with the detailed financial statements that the narrative is based upon. For example, with BI360, users can receive both the narrative and the associated financial statement(s) together, so if the interest is there, the user can dive into the detail behind the words. The end result should be more informed, more engaged managers across the organization.

In organizations with many business units (or many products or projects or any other business dimension) it is desirable to create a report output where the first sheet is a summary (“consolidated”) sheet and then the next sheets may be divisional summaries and then eventually the subsidiary or department detail.

Make reports more efficient and take advantage of building your reports within Excel. Learn more about how to create a workbook like the one described above, including an automatically generated “Tree Menu” on the first sheet in the workbook to help users navigate to any report they want in a split second. In the example screenshot below you can see what it could look like when it finished. Example: If you click on the “DivA” hyperlink in the menu it will take you to the “DivA” worksheet.

Note: In this example we are going to simulate a Profit & Loss report that should be executed for a consolidated level, a division level (here: Div A and Div B) as well as a subsidiary level.

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Solver University> Whitepapers> Reporting> Multi-level Reporting Books with Tree Navigation- BI360 Whitepaper