This article will break down the best-in-class corporate performance management solutions as described in the e-book “Enabling World-Class Decisions”
This article will focus on Excel Budgeting on Cloud for Banks.
Nothing is easier than Excel – When it comes to budgeting for a bank, it all starts with the balance sheet. The main component of a bank’s revenue comes from the interest earned from loans and paid on deposits. To budget interest, you will need to figure out what the existing loan and deposit balances will look like over the next several months.
This article will focus on the Best Excel Reporting and Budgeting Tools on Cloud for Banks
Excel: How do I love thee? Let me count the ways. (Sonnet 43) – The reason why we all love Microsoft Excel so much is that you can create almost any report you can imagine. Take for example this Business Process Management (BPM) report. BPM is a systematic approach to making an organization’s workflow more effective, more efficient and more capable of adapting to an ever-changing environment.
This article will focus on Cloud-based Business Intelligence Solutions for Banking.
Why do I love my iPod Classic? – I got my 80GB iPod Classic around 2007. I was able to load all 14,000 songs from my library onto it. I created several playlists that helped me organize the songs. One playlist consisted of heavy metal that got me amped up before going to the gym. Another playlist contained acoustic folk songs that were for the morning after a late night of fun. Continue reading
This article will discuss dashboard solutions for real estate companies that are seeking to enhance Microsoft Dynamics GP data analyses.
Visualization has some beneficial side effects. Visualization improves your performance; helps reach your potential, increases focus, boosts confidence, and so much more. Think about professional athletes. For instance, everyone from tennis player Serena Williams to Arnold Schwarzenegger, who was a world champion body builder before he became an actor, have practiced visualization techniques. It makes sense to apply visuals to your financial reports and presentations. Think about receiving a stack of spreadsheets full of data. Is this how you extract your financial analysis? This is where a dashboard comes into play. The amount of data being created every year continues to grow tremendously. If your organization wants to make informed decisions, your company leaders need to be able to access and interpret data in real-time. The ability to act quickly on the data has become a competitive differentiator. A dashboard presents key data on a single page and uses visuals to summarize a large amount of data. In this article, we will discuss how dashboards will help real estate companies that are using Dynamics GP. Continue reading
This article will focus on Cloud Reporting for Banks.
Just what is Cloud Reporting? – TechTarget defines Cloud Analytics as a service model in which the reporting and analysis process are provided through a public or private cloud. These solutions are typically offered under a subscription-based pricing model called Software as a Service (SaaS). Gartner defines the six key elements of analytics as data sources, data models, processing applications, computing power, analytic models and sharing or storage of results. In its view, any analytics initiative “in which one or more of these elements is implemented in the cloud” qualifies as cloud analytics. Continue reading
This article is the second part in planning for a KPI design project.
A Key Performance Indicator (KPI) is a lot like a GPS navigation system. A GPS navigation device allows a driver or a passenger to be in charge when making decisions about where to steer next. KPIs are the navigational tools that the team will use to understand whether the business is on a successful journey or whether it’s veering off. As mentioned in the previous article, a KPI can help your company understand if your company is on the right track and if it’s not, it can help your company understand where to focus your attention. According to Klipfolio, a KPI is “a measureable value that demonstrates how effectively a company is achieving key business objectives.” Organizations use KPIs at many levels to assess their success at reaching targets. High-level KPIs focus on the overall performance of the organization whereas low-level KPIs zoom in on processes in departments. In this article, I will cover the last 5 steps in planning for a successful KPI design project for Microsoft Dynamics GP users based on the “Designing Metrics and Key Performance Indicators chapter” of Business Dashboards, a book published by John Wiley & Sons, Inc. Continue reading
This article is the first part in planning for a KPI design project.
A Key Performance Indicator (KPI) can help your company understand if your company is on the right track, and if it is not, it can help your company understand where to focus your attention. Love them or hate them, but KPIs might become the backbone of your business. A true definition of a KPI is a metric that is meant to be a measure that truly matters and that ideally can be acted on. KPIs are financial and non-financial metrics used to help a company define and measure their progress toward company goals. A metric can be the number of customers, the number of sales, or total revenue. Once you have defined your business goals, identifying and aligning the KPIs for your business will be easier and simpler. In this article, I will cover the first 5 steps in planning for a successful KPI design project for GP users based on the Designing Metrics and Key Performance Indicators chapter of the Business Dashboards published by John Wiley & Sons, Inc.
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.
This article discusses next steps to take for your reporting and budgeting needs regarding Dynamics 365.
Microsoft unveiled their cloud-based enterprise resource planning (ERP) system, Dynamics 365, just a little over a month ago. As a potential business intelligence (BI) customer, you’re probably curious about your reporting and budgeting processes in the context of moving towards a cloud-based ERP system. As you know, a new United States president was elected on November 8th, and as always with a new president, people are curious or worried how things will work out. If you are one of the approximately 85% of the world still using an on-premise ERP system, this same analogy can be applied to those who are planning to go onto a cloud ERP. This article focuses on the next steps to take for your reporting and budgeting in regards to Microsoft’s Dynamics 365 unveiling.