This article will discuss your financial reporting options for your Dynamics GP.

reportingdynamicsgpYour organization needs a powerful and dynamic financial reporting tool to help you stay competitive in your industry by managing and analyzing your data without any disruptions. Navigating through Business Intelligence (BI) is much like maneuvering through the streets of a foreign country without a map or any directions. In this article, I will explore Excel-based and web-based financial reporting options, so you are able to select the best reporting tool to navigate your organization in managing and analyzing your data using Microsoft Dynamics GP. Read more

This article will focus on platform options when investing in a new budgeting tool.

budgetingfordynamicsgp
Look, it seems like I’ve talked about anything and everything about budgeting so I went directly to the source – a team of consultants. I asked them what the common problem they face with their clients when it comes to budgeting, and surprisingly, they all had the same answer. The majority of their clientele has never had a professional budgeting system, nor did they have a satisfactory budget model that reflected how their business operates. As mentioned in the budget tools for Microsoft GP users replacing Forecaster article, there are around 48,000 GP customers out of 200,000 Dynamics ERP users, and if your company is either one of the 2,000 companies using Forecaster as a budgeting tool or one of the 90% or more organizations who create their budget in homegrown Excel models, this article is for you. In this article, I will discuss Excel- and Web-based Budgeting for Dynamics GP. Read more

LOS ANGELES, CA, September 20, 2016 – Solver, Inc., a global leader in Business Intelligence for Microsoft Dynamics SL, today proudly announced their gold sponsorship of the Dynamics SL Users Group Fall Conference 2016 conference.

“Our sponsorship represents our continuing commitment to and our deepening partnership with the Microsoft Dynamics community and continuing to deliver superior Reporting, Budgeting, Dashboards, and Data Warehouse solutions for Dynamics SL customers,” said Richard Pedigo, Vice President, North American Sales at Solver. “We’re very excited to be there and meet with our Partners, Customers, and Prospects.”

The three-day conference takes place September 28-30 in San Diego, CA with Solver offering the session, BI360: Reports, Dashboards & Budgets for Dynamics SL, on September 29 at 2:45pm.

“The session is designed specifically for Dynamics SL Partners and Customers who want to understand the Power of using the Fully Integrated BI360 suite for Reporting, Budgeting, and Dashboards,” Pedigo said.

The session will provide an overview of the power and flexibility of the BI360 suite as an Excel Add-In to design and deploy custom financial, operational, budgeting, and business analysis templates and dashboards.  The session will focus on how companies will now have secure access to all needed information anytime and anywhere.

To register for this event, visit the Dynamics SL Users Group site at https://www.msdslug.com/.

About Solver

Solver provides BI360, the leading Business Intelligence suite for Microsoft Dynamics AX, GP, NAV, SL, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, Intacct, Acumatica, NetSuite 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 worldwide 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@solverglobal.com.

This article will discuss the benefits of consolidating your many reporting tools.

reporting
How many of us use five or more report writers across our business systems? I know it sounds absurd, but most organizations do use that many reporting tools across their ERP system and other databases. When looking to invest in a reporting tool, how you integrate and present your data is very important. It is the backbone when it comes to making wise business decisions. In this article, I will focus on various options for consolidating multiple reporting tools to navigate your organization-specific issues in managing and analyzing your data.
Read more

This article will focus on dashboard tips and tricks that enable organizations to understand their company data better for stronger decision-making.

shutterstock_dashboards

Photo taken from Shutterstock.


All companies, no matter the size, benefit from Business Intelligence (BI). Of all BI tools, dashboards are often seen as a top priority especially to Chief Financial Officers (CFOs) and other executives. According to Software Advice, a comparison site for Business Intelligence tools, dashboards, scorecards, and performance management software are priority number one for today’s financial executives. Dashboards provide quickly accessible, easily digestible analytics. It is an overview of your key information at a glance. Data Visualizations are graphs, charts, and scorecards that showcase data trends, opportunities, and challenges with key performance indicators (KPIs) for departments, projects, and/or the entire corporation. Making wise decisions is crucial for every organization because it heavily weighs on the company’s performance and condition, but just because an organization uses a dashboard, doesn’t mean it will be successful. In this article, we will focus on why a simple dashboard layout is typically the best kind of dashboard layout.
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LOS ANGELES, CA, September 13, 2016 – Solver, Inc., a global leader in Business Intelligence for Microsoft Dynamics NAV, today proudly announced their gold sponsorship of the Directions North America 2016 conference.

“Our sponsorship represents our continuing commitment to and our deepening partnership with the Microsoft Dynamics community and continuing to deliver superior Reporting, Budgeting, Dashboards, and Data Warehouse solutions for Dynamics NAV customers,” said Richard Pedigo, Vice President, North American Sales at Solver. “We’re very excited to be here and meet with our Partners.”

The four-day conference takes place September 25-28 in Chandler, AZ with Solver offering two different sessions:

  • BI360 – Live Web Budgeting for Dynamics NAV
    • Sunday, September 25 at 4:30pm
    • Tuesday, September 27 at 3:00pm

“These sessions are designed specifically for Dynamics Partners who want to understand the Power of using the fully integrated BI360 suite for Reporting, Budgeting, and Dashboards,” Pedigo said.

These sessions will provide an overview of the power and flexibility of the BI360 suite as an Excel Add-In to design and deploy custom financial, operational, budgeting, and business analysis templates and dashboards.  The sessions will focus on how companies will now have secure access to all needed information anytime and anywhere.

The Directions North America conference is designed to help organizations build new business contacts, learn about best practices, and discover valuable tools for execution and success. Over four days, a wealth of sessions and speakers offer relevant and crucial information, providing the connections needed to be successful.

To register for this event, visit the Directions North America site at https://www.navdirections.com/.

About Solver

Solver provides BI360, the leading Business Intelligence suite for Microsoft Dynamics AX, GP, NAV, SL, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, Intacct, Acumatica, NetSuite 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 worldwide 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@solverglobal.com.


What happened to the vision of the easy, self-service, one-stop shop business intelligence (BI) capabilities that countless companies across the world have been seeking? After years of investing in new ERP systems, including cloud-based solutions, home-grown data warehouses and even sexy, new dashboard tools, the vast majority of companies are far from BI Nirvana.

The sad truth is that most organizations I talk to have 5 to 7 different reporting tools between their ERP solution, CRM, Payroll, Web site data and other systems. It does not make it better that more than 90% of them do all- or a majority of their budgeting and forecasting processes in manual Excel sheets. Oh, and then the sales team or certain other departments have sometimes implemented an analytics tool to provide them with dashboards and easy ad-hoc analysis. This will often fix short term pain, but it will not take you to BI Nirvana. In some organizations, the IT department has spent a year or more to build a so-called “enterprise data warehouse”, often with only some of their data sources included, such as General Ledger data and Sales data, and most of the time with IT-dependent report writers, OLAP cubes or pivot tables as the only means of reporting on the data.
companiesfarfrombinirvanaSo, what is the status of companies’ BI capabilities as of today? The bad news is that it is far from the BI Nirvana that managers have been dreaming about for years now after watching slick demos from one BI software vendor after another. But, the good news is that things are getting better. You only need to step back and compare your BI capabilities today with what they may have been in 2005, 1995 or, if you were even around in….1985. Chances are that your information workers now have more and better reporting tools available to them. Of course, today you have more data sources than ever, and market dynamics change faster than at any time in history. So, somewhere along the way, business users took matters into their own hands and the result was that…..Excel became the world’s most popular report writer and budgeting solution. But, although Excel is quite user friendly, extremely flexible and familiar to almost every business user on the planet, it was never meant to be an enterprise-wide BI tool. So, how do one get to this utopian place called BI Nirvana? You might need “a little help from my friends” as Joe Cocker sang in his popular rendition of the original Beatles song. In other words, do your homework, talk to your friends both inside and outside your company and educate yourself. Although every organization should stake out their own BI journey based on their needs, available data sources, internal talent, platform strategies (i.e. database type, cloud versus on premise, etc.) and more, a few things seem to fall into a common formula for BI success:
1) Strive for a single BI solution that covers all or most of these: Reporting (financial and operational), budgeting and forecasting, dashboards/analysis and data warehousing. If some key functionality is not covered by the BI suite you select, then make sure it integrates directly with a powerful 3rd party add-on for whatever functionality is missing in the suite. The last thing you need are more reporting tools in your company….so make sure the BI suite eliminates or reduces the need for your other tools.
2) Don’t ignore the power, flexibility and familiarity of Excel. But it should not be a manual Excel model, it should be an Excel add-in that allows you to build reports and input forms that dynamically retrieves and even saves data to a database. Oh, and it should be web-enabled or be able to convert the Excel templates to dynamic, browser-based templates for easy end-user access.
3) Repeat after me: “I promise not to implement more proprietary BI tools with unfamiliar user interfaces and that also may require all my end users to install client software or use Terminal Server or Citrix to access a remote desktop”. Using cloud, hosted or on premise architecture is not the most critical question. What you need to empower your growing number of end users that are seeking BI Nirvana is a single, self-service, web-based BI portal where each user can run reports and drill down to answer their questions without bothering IT or the accounting department, they can enter their budgets and they can discover trends and answer Who? Where? What? questions in interactive dashboards.
4) Finally, and this is a no-brainer….your BI capabilities are only as good as the data available in your BI suite. So, if you don’t have a well-functioning data warehouse yet to give you that sought-after, single version of the truth, start planning for one. You are going to need it if you want to get to BI Nirvana. It is an exciting road ahead for organizations seeking a competitive edge through BI excellence, even if you meet a few bumps along the way. Vendors like Solver with its BI360 solution as well as several other software providers with modern BI suites are continuously investing to help companies’ BI visions come true. Good luck on your journey!

An image of a calculator and budgeting papers for 12 steps to better budgeting blog for Solver CPM

This article focuses on best practices to improve your budget process. Think about all of the time and energy your company allocates to budgeting. Managers often scramble to collect financial data from multiple sources in consistent formats. Rather than aiding the process as they should, differing technology tools only add to the manual process. This […]