This article will focus on what you will be looking for in a Performance Management Tool for Banks.


Image taken from Shutterstock.

Image taken from Shutterstock.

What is Performance Management?  According to the Harvard Business School, performance measurement focuses on four main areas:
-Communicating with external investors to ensure that a firm’s securities are fairly priced and that they are able to access capital
-Measure and evaluate a firm’s economic performance
-Improve resource allocation and strategy implementation within a firm
-Build accountability for performance through effective external and internal governance
The emphasis of this article will be on improving resource allocation and strategy implementation, specifically for banks.  Though banks have evolved over time, their basic function is to take in deposits and reinvest those funds back into the community in the form of loans for such things as houses, cars, education, and infrastructure.
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Acumatica 2017

January 29 – February 03, 2017

Solver is Proud to be a Platinum Sponsor of Acumatica Summit 2017. The Acumatica Summit is the premier invitation-only event where our entire partner and customer ecosystem gathers to hear the latest about Acumatica’s products and solutions, get product certifications, and collaborate on accelerating success in the cloud.  To learn more or register for this event, visit the Acumatica Summit web site.

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LOS ANGELES, CA, January 26, 2017 – Solver, Inc., a global leader in Business Intelligence for Acumatica, today proudly announced their Platinum sponsorship of Acumatica Summit 2017.

“Our Platinum sponsorship represents our commitment to deepening our partnership with the Acumatica community and continuing to deliver superior Reporting, Budgeting, Dashboards, and Data Warehouse solutions for all Acumatica customers,” said Nils Rasmussen, CEO of Solver. “We’re very excited to be there and meet with our Partners, Customers, and Prospects, and the next few months are particularly exciting as Solver prepares the public cloud version of BI360.”

The six-day conference takes place January 29 – February 3 in San Diego, CA with Solver demonstrating the power of BI360 at Booth 5 and offering two different sessions of Enable World-Class Decisions with BI360 Reporting and Budgeting for Acumatica:

  • Monday, January 30 – 4:00 – 4:45pm
  • Tuesday, January 31 – 11:15am – 12:00pm

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

The Acumatica Summit is the premier invitation-only event where our entire partner and customer ecosystem gathers to hear the latest about Acumatica’s products and solutions, get product certifications, and collaborate on accelerating success in the cloud.  To learn more or register for this event, visit the Acumatica Summit web site at

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

This article will focus on how Financial Reporting for Banks has changed overtime to be more forward looking.

Tell me what happened:  When I first started out as an Accounting Manager for a large regional bank, my job was to create monthly financials for each branch and tell them what they did last month.  Payroll, loan, and deposit information were already at the branch level in the general ledger; but not much else.
To improve the Financial Reporting for the bank, my job was to allocate all the other costs such as rent, FDIC insurance, funds transfer pricing, loan charge offs, and more to the branches.  This process took a team of five people a minimum of three weeks each month to accomplish.
Once everything was posted to the general ledger, my team would dump everything into a huge Microsoft Access database.  We then wrote a macro that would step through all four-hundred branches to create Excel workbooks on a hard drive.  Once created, we would print every report and send through interoffice mail.
By the time the branch network received their reports and started asking questions, we were already on the next month’s cycle.  Branches were always asking what happened and never got timely information to take corrective action.  It was just an endless cycle of number crunching and tree cutting.
Let’s speed things up:
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Image taken from Shutterstock

This article will explore the benefits of a data warehouse for Healthcare organizations using Sage 100.

All organizations rely on data to identify and meet goals, with plans for growth and development budgeted.  Data warehousing is a powerful option to structure and enrich business intelligence (BI) and corporate performance management (CPM) analytics.  A data warehouse (DW), by definition, is a multi-dimensional database that can house a significant amount of information, deriving from an assortment of sources within an organization, used to make good management decisions.  Your information in DWs can be used in reporting, routine budgeting and forecasting, and dashboards – or big picture performance data questions.  A DW organizes by subject, focusing interactions through topics, like financials, patients, services, or clinics.  If you’re a Healthcare organization using Sage 100, this article will highlight the impact of a DW for your team.
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This article will focus on Microsoft Excel Reporting for Banks and how it has evolved over time.

Origins:  I met Harold as my new boss in 1989 when I became Controller for a small subsidiary of a bank.  At the time, I was a Lotus 1-2-3 disciple.  I was great at writing macros and spitting out reports.  The one thing I hated about Lotus, however, was its poor printing capabilities.
Harold introduced me to Microsoft Excel and its ability to set and preview the print area made me convert overnight.  Harold said he loved the ability to type numbers into Excel every month, so he could get a good feel for the financials.
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This article will discuss modern, dynamic reporting for media organizations that use Microsoft Dynamics GP, including what to look for in a software solution.

Financial reporting is absolutely unavoidable in the modern business world.  We’re all doing it, whether it is a homegrown Excel process, a legacy program, the native Microsoft Dynamics GP report writer, or an independent software vendor (ISV) solution.  And the media industry is no different.  In terms of process improvement, upgrading your reporting writing processes with a new solution means automated financial statements, modern security, accessible collaboration, and self-service analytics.  This article will explore what you should be looking for in a report writer to meet today’s analytical objectives, zooming in on what a reporting tool should offer you as a media organization using Microsoft Dynamics GP.
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This article focuses on using dashboards in monthly financial presentations for stronger decision-making.

Image taken from Shutterstock.

Image taken from Shutterstock.

Graphics are everywhere. They are literally everywhere we go, filling our kitchen pantries and even the clothes we wear. Red Crow Marketing Inc. mentions that “digital marketing experts estimate that most Americans are exposed to around 4,000 to 10,000 advertisements each day.” If we’re drawn to visuals, doesn’t it make sense to apply visuals to your financial reports and presentations? Think about receiving multiple pages of spreadsheets full of data. Is this how you best extract your financial analysis at the end of every month? This is where a dashboard comes in handy. Dashboards are defined as charts, graphs, and scorecards that convey data trends, successes, and problem areas with key performance indicators (KPIs), whether you are looking at a store, region, product, and a corporate department in particular, or the entire organization. A dashboard presents key data from various financial and operational sources on a single page, and uses graphs and tables to summarize a large amount of data. In this article, Solver Controller Gina Louie will talk about her experiences in presenting month-end financial presentations to the management team.
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This article will focus on key benefits of a data warehouse (DW) when associated with your cloud- and on-premise data sources.

Image taken from Shutterstock.

Image taken from Shutterstock.

Have you watched a Tasty food video on Buzzfeed? The videos always start with a default still of the finished dish, then gives the viewers a tutorial of the ingredients and measurements that go into the recipe. In the same way, a data warehouse (DW), a platform where all of your important data sits, can be seen as the final meal and the ingredients can be interpreted as the different data sources that make up the recipe, in this case, the analysis. Just as ingredients come from different origins, data sources come from different places. This article focuses on the benefits of data warehousing while being on-premise and the cloud.
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