Daniel Havey
Cloud Financial Reporting and Budgeting Software for Banks

This article will focus on Cloud Financial Reporting and Budgeting for Banks.

Image taken from Shutterstock.

Image taken from Shutterstock.

New technology has drastically changed the way we communicate. – My 18-year old daughter has just discovered the show called The Office starring Steve Carell.  The show came out in 2005 and we are wrapping up season two. What is striking is that all the sales representatives have flip phones and need to return to the office and login to their laptops or personal computers to transact business.  Continue reading

Matthew Felzke
Manufacturing & Distribution Reporting with Microsoft Dynamics NAV

In this article, financial reporting for manufacturing and distribution organizations using Microsoft Dynamics NAV will take the spotlight, focusing on software and functionality offerings.

In today’s business world, Business Intelligence (BI) analyses are largely driving decision-making for the future of your organization by making sense of important company data.  Even so, it would make sense if the number of financial reporting options, as well as the different features and functionality available, is overwhelming to you, even if you are familiar with BI processes, especially when trying to achieve industry-specific analytical objectives.  Recently, I discussed the vagueness in product marketing with a finance professional for a manufacturing organization – and how frustrating it can be to try to shop for a solution that speaks to her manufacturing-specific analytical goals.  This article will discuss what you need to know regarding modern financial reporting tools to expand your Microsoft Dynamics NAV processes, with a focus on manufacturing and distribution data management and analysis.

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Matthew Felzke
2015: Solver CEO Reviews the Year in BI

This article is an interview with Solver CEO, Nils Rasmussen, who discusses developments in Business Intelligence in 2015 and how Solver fits into that culture – and the future.

What can you tell us about what is going on in terms of developments in the Business Intelligence realm in 2015 – and where does Solver fit into that culture?

Well, a couple of things have happened in this last year.  One thing is that companies have adopted a lot of Cloud solutions, and they also still have on-premises solutions.  So, what’s happened in terms of Business Intelligence is that the tools need to bring together data from the Cloud – and from in-house – so the role of a data warehouse has become a lot more important than in the past when all data was in-house.  That’s a key thing that we see happening: importance of warehouse to bring data together.  Another thing is just what we see every year is people want easier and easier BI tools, as the older generations from the 90’s – I’m now talking generations of BI tools – are fading out, and people don’t anymore want a full-time technical resource to sit and manage, in terms of a BI tool.

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Matthew Felzke
Business Intelligence at Dynamics Communities Summit 2015

This article will recap the Dynamics User Groups Summit, held in Reno, NV October 11-14, 2015 and discuss the highlights from the Expo floor, in the breakout sessions, and more.

Just like that, the fall event that I know a lot of Dynamics folks were excited and gearing up for, has come and gone. Last week, the Dynamics User Groups Summit for AXUG, CRMUG, GPUG, and NAVUG took Reno, Nevada by storm for a week of learning, sharing, networking, and community building, as well as some gambling and sightseeing.  This was the first time I was able to attend the event, but it really seems to be the premier consumer-driven Dynamics event, delivering visibility in terms of leadership within the user groups, as well as roadmap plans for the individual products and how the communities are navigating challenges and opportunities for best practices and best-of-breed tools that can speak to modern data management and analysis processes.  In this article, I’ll discuss the highlights from the 2015 Dynamics Communities Summit.

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Matthew Felzke
Financial Reporting for Manufacturing & Distribution with Sage X3

This article will explore financial reporting features and functionalities in today’s software for manufacturing and distribution organizations looking to expand their Sage X3 experience.

In the modern business culture, Business Intelligence (BI) analytics are becoming the way of translating significant company information into impactful decision-making for your company’s future.  That said, I would bet that a lot of professionals, regardless of how well-versed in BI processes they are, find the marketplace financial reporting options overwhelming, if not confusing, regarding how they can apply functionality in the direction of industry-specific analytical needs.  I recently spoke with an accountant for a manufacturing company, and we talked about how vague product marketing can be for achieving goals that are particular to her manufacturing analyses.  With that in mind, this article will talk about what you should know and what you need from today’s financial reporting products to improve your Sage X3 experience, specifically zooming in on manufacturing and distribution data management and analysis.

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Matthew Felzke
Manufacturing and Distribution Dashboards for Sage X3

In the Business Intelligence marketplace, modern, powerful, and easy-to-use dashboards are upgrading the Sage X3 analytics experience for Manufacturing and Distribution organizations.

Software Advice, a comparison site for Business Intelligence (BI) solutions, has reported that dashboards are a top sell in the BI software marketplace.  They conducted a study on technology for CFOs, and the results pinpointed that data visualization tools are at the top of the list of priorities for today’s executives.  If you’re responsible for management of a manufacturing and distribution company, you are very aware of the fast pace of business today.  Dashboards provide easily digestible and quickly accessible analytics.  Moreover, data visualizations are graphs, charts, and scorecards that showcase data trends, opportunities, and successes with key performance indicators (KPIs) for projects, divisions, and/or the whole organization.

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Matthew Felzke
Project Budgeting for Microsoft Dynamics AX

This article will discuss project planning processes and the third party budgeting, forecasting, and modelling tools to upgrade your Microsoft Dynamics AX project management experience.

It’s common knowledge that financial planning is such an important element of running a business – and it always has been.  The caliber of your planning processes can sometimes make or break your company, especially in the context of the recession back in 2008.  Company-wide budgeting and forecasting is usually routine and almost always involves multiple players coming together with actual transactional figures and projections for the period you are planning.  But sometimes an organization or a project manager has to plan for a particular task or project.  If you count yourself amongst the consultant, project manager, or other professionals who are tracking and billing hours, overseeing multiple projects, or crafting a bid for a job, project budgeting is something you know inside and out in your career.

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Matthew Felzke
Project Budgeting Software for Microsoft Dynamics SL

In this article, project budgeting, forecasting, and modelling will be at the center of the discussion, specifically third party planning tools to improve your Microsoft Dynamics SL experience.

I’m sure you can agree that financial planning is such a necessary aspect of performance management in today’s business world.  The quality of your budgeting and forecasting tasks can sometimes be the difference between life and death for businesses, especially when you think about the 2008 recession.  Organization-wide planning responsibilities are typically regular and almost always entail a number of pieces bringing together actual transactional numbers and projected figures for the planning period.  However, sometimes a company or a project manager has to budget and/or forecast for a project or specific task.  If you are a consultant tracking and billing your hours to a client, a project manager managing multiple projects, or a freelance professional putting together a bid for a gig, project budgeting is undoubtedly a term you’re quite familiar with in your position.

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Matthew Felzke
Reporting and Budgeting Tools for Hotels and Restaurants

Financial reporting and budgeting demands, and today’s powerful BI solutions that help the hotel and restaurant industry achieve their analytics goals, will be the focus of this article.

In the modern business culture, Business Intelligence (BI) analysis is becoming increasingly important because it translates your company data into informed decisions about the future of your hotels or restaurants.  But whether you’re new to BI analytics or not, today’s software offerings can be confusing and overwhelming in regard to how you can plug the functionality into your industry-specific objectives.  Recently, I spoke with an accountant in the hospitality industry, and we commiserated over the overwhelming task of seeking the right technology to specifically help hotel and restaurant management to better do their job.  Therefore, this article will zoom in on the premier features and functionalities you should be aware of in today’s reporting and planning tools, with a special focus on the ways you can manage and evaluate your information when managing your hotel or restaurant.

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Matthew Felzke
Dashboards for Healthcare

In today’s Business Intelligence marketplace, modern, flexible, and powerful dashboards are enabling Healthcare organizations to understand their company data better for stronger decision-making.

Dashboards are the number one BI technology, according to Software Advice, a comparison site for Business Intelligence (BI) tools. Their research zoomed in on software for CFOs, and the results confirmed that dashboards, scorecards, and performance management software are king for today’s financial executives.  If you are part of the management team for a healthcare company, you know the pace of business today is nothing short of fast.  Dashboards provide quickly accessible, easily digestible analytics.  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.

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