Using the framework of key features to shop for, like ease of use, budget workflow, and security, this article will compare budgeting and forecasting options for Microsoft Dynamics GP.

Budgeting requires multiple departments entities bringing transactional data together, as well as research, to forecast what will financially manifest in the coming year, regarding revenue, expenses, and other important items. For Microsoft Dynamics GP users, there is an abundance of options for budgeting and forecasting, including manual, homegrown spreadsheets, GP budgeting input, an accelerated Excel add-in tool, or proprietary interfaced software. In this article, I’m going to zoom in on your budgeting software options for Dynamics GP, so you can get a better understanding of the best route for you and your team.

Since you are looking for a solution that business users can utilize, I always think it’s smart to lay out the most important features to look for in a product.  Even if you are the only who will be using the budgeting tool with Dynamics GP, it should be first and foremost easy to use.  I cannot think of one person who gets excited to put together a budget, so the task should be as easy as possible, regarding the user friendliness for non-IT professionals.  In particular, you should be looking for a solution that streamlines the process with accounting and business logic and reusable budgeting templates, amongst other functionalities.  Given the collaborative nature of budgeting, streamlining is a must.
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Financial consolidation tools are a must in today’s complex climate for parent companies and their subsidiaries.  This article will zoom in on the options Microsoft Dynamics NAV users have to perform powerful, modern financial consolidations.

There are lots of Microsoft Dynamics NAV users and administrators that are overseeing more than one company as subsidiaries for a parent company.  Aggregating company data from multiple businesses, sometimes with a variety of currencies, can be a logistically messy task without a powerful financial reporting and consolidations tool.  Data continues to grow in importance, fine-tuning corporate decision-making.  Therefore, executives are seeking a business user friendly solution to the routine problem of consolidating information into a unified set of financial reports.  If you are a Dynamics NAV user who has to manage multiple companies’ data, this article is for you, and it is an important one because there aren’t a lot of options for NAV that prove to be both easy to use and powerful.
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LOS ANGELES, CA, July 28, 2014 – Solver, Inc., the global leader in Business Intelligence suites for Microsoft Dynamics AX, GP, NAV, SL and other enterprise resource planning (ERP) systems, was recently named as one of the Best Places to Work in Los Angeles. This eighth annual program was created by the Los Angeles Business Journal and Best Companies Group.

“We are very excited to get this recognition, and it is a reflection of the culture and team spirit that our employees have built up over the years. You know something is right when you look forward to come to work every Monday morning,” says Nils Rasmussen, CEO at Solver.

This survey and awards program was designed to identify, recognize and honor the best employers in Los Angeles, benefiting the county’s economy, workforce and businesses.

The list is made up of 100 companies. Solver, Inc. has been named one of this year’s Best Places to Work in Los Angeles.

To be considered for participation, companies had to fulfill the following eligibility requirements:

  • Be a for-profit, not-for-profit business or government entity.
  • Be a publicly or privately held business.
  • Have a facility in Los Angeles.
  • Have at least 15 employees in Los Angeles.
  • Be in business a minimum of 1 year.

Companies from across the county entered the two-part survey process to determine the Best Places to Work in Los Angeles. The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies and the final rankings. Best Companies Group managed the overall registration and survey process in Los Angeles, analyzed the data and determined the final rankings.

The actual rankings will be revealed at a special event on August 19, 2014, then published in the August 25, 2014, issue of the Los Angeles Business Journal.

For more information on the Best Places to Work in Los Angeles program, visit www.BestPlacestoWorkLA.com.

About Solver

Solver provides BI360, the leading Business Intelligence suite for Microsoft Dynamics AX, GP, NAV, SL, Sage 500 and X3, Intacct, Acumatica, SAP Business One and other ERP systems. Solver is a Microsoft Gold ISV Partner and the winner of the Microsoft BI Partner of Year Award and has a presence on the Gartner Group CPM Magic Quadrant. 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, Collaboration Portal, and Data Warehouse solution to give them deep insight and actionable information across all facets of their organization.

For any questions, please contact Solver at info@solverglobal.com.

When it comes to budgeting using data from SAP Business One, modern third party BI tools can offer the functionality you need to put together rolling forecasts and multi-year budgets, in addition to traditional planning, project budgeting, forecasting, and modeling. This article will explore today’s budgeting solutions options.

Is budgeting one of the most dreaded tasks in the realm of business – or do some of you find it exciting?  In my experience talking to CFOs, accountants, and other finance team professionals about the budgeting process, I haven’t gotten anything but a tightening of the facial muscles, a tensing of the body, exasperated sighs, and anecdotes of the tedious procedure of piecing together an effective plan for how a company is going to spend money for the upcoming year.
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Third party budgeting options for Dynamics SL are empowering CFOs and budget managers to effectively and dynamically plan for organizational and departmental growth, through secure and simple collaboration.  This article will discuss elements to consider when shopping for the best budgeting tool for your team.

I think it is safe to say that budgeting for a business is a task most would prefer to avoid.  Maybe this has something to do with the tedious nature of the tools available to budget managers.  Excel spreadsheets that are formatted into a budget might be okay for household planning, perhaps for a smaller company’s budget, due to the relatively small set of data, but growing corporations using Microsoft Dynamics SL are taking notice of the benefits of a third party budgeting solution to enhance their accounting and finance objectives.  Some of today’s more modern solutions streamline the process of budgeting by empowering contributors through secure collaboration.  Planning and managing profit and loss, employee budgets, project budgets, and other areas of a business is a necessary task so that corporation leaders can operate within their financial means, ensuring progress.
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johan_magnusson

Automation is the functionality that makes all modern BI features that much more valuable.  This article will discuss automated budgeting and reporting for Dynamics NAV as a way to more efficiently analyze company data, so you can get to the other tasks on your plate.

Articles about reporting and budgeting for Microsoft Dynamics NAV are all over the place – in print, on LinkedIn, in search results.  In fact, I have written about reporting and budgeting, specifically for Dynamics NAV, on this blog before.  I would imagine that someone who reads these articles might have a subconscious response to the authors: “Maybe you think that generating reports and putting together budgets – and reading about them – is all I do for a living.”  If this is the case, I understand the sentiment.
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mike_applegate

If you use Sage 500, it is beneficial for you to know the features and functions of today’s financial reporting and consolidation tools offered by third party manufacturers so that you can pick the right tool to help you meet company needs and goals for Business Intelligence analysis and reporting with Sage 500.

In today’s data-driven business world, a modern financial reporting tool is a requisite for any company that wants to continue being competitive in the marketplace.  In this article, I will discuss the plethora of options and available functionality offered by independent software vendors (ISVs), so you can navigate the market to pick the best reporting solution for your data analysis needs and goals, powered by business intelligence (BI) analysis, all while enhancing Sage 500.
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worldwide-partner-conference-2014

July 13 – 17, 2014

The Microsoft Worldwide Partner Conference (WPC) is an annual, global convergence of Microsoft Partners from around the globe. Visit Solver’s booth in the exhibit hall to learn more about our Business Intelligence suite for Dynamics.

View conference website

In today’s increasingly global business world, there’s a growing demand for flexibility, secure collaboration, and accessibility when generating financial reports and dashboards.  This article will discuss mobile reporting and dashboards in the context of meeting modern professionals’ BI needs.

I was recently talking to a CFO of an international company who lived and worked from the headquarters in Seattle, Washington about the limitations and related frustrations he was facing in trying to run his company.  In the past few years, he has been traveling a lot, sometimes internationally, because of a reorganization and the growth of his company.  His team is using SAP Business One and Crystal Reports, but he is currently in the market for a new Business Intelligence (BI) solution that will empower him and his finance team to easily collaborate, report, and generate data visualizations whether they are in the office, in one of their international offices, or even somewhere like an airport restaurant.  Sound familiar?
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