This article will discuss what’s at stake in terms of how you leverage diverse company data types to enable optimized decision-making in 2018.
This article will discuss leveraging corporate performance management (CPM) solutions as a foundation for an enterprise technology cloud roadmap.
I find myself thinking about cloud technology all the time these days. And this is particularly peculiar when I zoom out and think about how I was an English major in college. However, cloud is permeating the culture – both popular and business – and I can’t help but think about how it is changing the way we store, manage, and leverage data. I have even seen memes on social media that make fun of the fact that we keep so many pictures – “for what?” is the punchline. The answer is because we can, and our massive and growing amount of data doesn’t bog down our devices because it is housed in the cloud. Beyond that though, in the business world, cloud as a platform follows the consumer marketplace trend of subscriptions to outsourced services as opposed to buying something outright. This is such a major shift in the business culture, and it creates a more efficient relationship in the context of technology management for both the vendor and the consumer. This article will explore the journey of transitioning reporting and budgeting solutions to the cloud – and suggest a starting place.
This article explores the cloud reporting options you have for replacing FRx and Management Reporter.
Sometimes, it’s hard for me to believe that some companies might still be using FRx, as the product was retired by Microsoft – and replaced with Management Reporter (MR) – years ago. But MSDynamicsWorld.com recently hosted a webinar about replacing either, and hundreds of registrants attended. When I zoom out and think about process overhauls or technology replacements that I have been a part of, for the most part, they generally haven’t happened rapidly. Also, we’re all regularly in the trenches of our jobs, in this case producing reports or consolidating company financials for an understanding of company health, so taking the time to research, watch demos, have calls with sales folks, and test the power and viability of a new product can be tough. But as companies look to replace FRx and MR and at the same time prepare for a future move to a cloud ERP system, we’re seeing a lot of finance departments take the first leap by implementing a modern cloud reporting and budgeting solution, proving that a true business improvement momentum is building in the enterprise technology sector. This article will discuss the power of cloud reporting options not only to replace FRx and MR, but also as a strategic catalyst for a bigger picture cloud technology migration.
This article focuses on data warehouses (DWs) for organizations utilizing Dynamics 365 for Finance and Operations, Business Edition so you can make the best software investment by optimizing your reporting capabilities.
How do you know if your company needs a data warehouse (DW)? The signs are clear. If you are beginning to feel like you are wasting energy and time due to manual processes as well as analyzing and managing data with a program such as Microsoft Excel, DWs can help immensely by eliminating errors and tedious manual work. If you’re in the Business Intelligence (BI) and Corporate Performance Management (CPM) world, you probably know that Microsoft launched a true cloud version of Microsoft Dynamics, Microsoft Dynamics 365, last November. This enterprise resource planning (ERP) system lets companies combine CRM tools, ERP, and Microsoft Office capabilities into the next generation of business applications. There are two different versions of Microsoft Dynamics 365. The Business Edition is the lower end version built off of the Dynamics NAV product, and the Enterprise Edition is the higher end version based on Dynamics AX. Both editions are created for and deployed in the Azure cloud, which is hosted and managed by Microsoft. This article will cover DWs for your organization using Dynamics 365, Business Edition. Continue reading
This article discusses the differences between corporate performance management (CPM) and business intelligence (BI) solutions in the cloud technology era.
On this blog, we write a lot about corporate performance management (CPM) tools. And we talk a lot about business intelligence (BI) solutions. In fact, we seemingly use the terms interchangeably – and there’s some thought behind that. BI and CPM exist in the same realm of enterprise technology that makes sense of the health of the organization. They both pull data from a variety of sources to crunch numbers and analyze information, so that you can pinpoint strengths, weaknesses, opportunities, and threats. However, there are some differences, and while their output might not seem mutually exclusive, there is not much overlap. As we continue our ascent to the new normal of cloud technology platforms, it will be helpful for companies to understand the differences between the two, so the right solutions can be deployed to meet organizational goals. This article will highlight the distinctions between BI and CPM solutions, so you can continue to build your cloud technology roadmap with precision.
In this article, financial reporting solutions for organizations utilizing Dynamics 365 for Finance and Operations, Business Edition will take center stage, so you can make the best software investment.
Last November, Microsoft took the wraps off of Microsoft Dynamics 365. It combines Dynamics customer relationship management (CRM) and enterprise resource planning (ERP) solutions into one integrated cloud product offering. As many of you know, there are two versions of Microsoft Dynamics 365. One, the Business Edition, is the lower end version based on the Dynamics NAV product in its structure. The higher end version, Enterprise Edition, is based on Dynamics AX and is designed for the higher end of the market. Both are architected for and deployed in the Microsoft Azure cloud, and it’s managed and hosted by Microsoft. This article will cover financial reporting tools for your company using Dynamics 365, Business Edition. Continue reading
This article is the final installment in a series focused on how Corporate Performance Management (CPM) tools can serve as a true solution, particularly zooming in on budgeting and forecasting challenges companies face with data housed in multiple cloud and on-premise systems.
The last blog article I wrote, I zoomed in further on the multi-cloud world that businesses today are navigating – and how Corporate Performance Management (CPM) and Business Intelligence (BI) processes and specifically, modern financial and operational reporting tools, can function as a complete solution to the related technological and data management oriented challenges we’re all facing. If you think about all of the essential enterprise technology solutions making the shift to the cloud, it can seem like a lot, especially in terms of the challenge to integrate and/or combine all of this diverse data. There are also on-premise tools, which is where plenty of accounting systems are still residing. But what about budgeting and forecasting – and all of the historical data from disparate sources needed to effectively plan? This article will focus on planning as an important BI and CPM process – and how the right application can be a true solution to your obstacles related to multi-cloud management.
This article is the second in a series about how Corporate Performance Management (CPM) applications can function as a true solution, this time specifically in regard to reporting and analysis challenges businesses face with data spread across multiple cloud and on-premise systems.
Last week, I wrote about this multi-cloud world that we are definitely already living in – and how Corporate Performance Management (CPM) and/or Business Intelligence (BI) systems can serve as a complete solution to technology and data management challenges that come with multiple cloud systems. Considering the number of enterprise technology applications moving to the cloud that are essential to running today’s businesses, it can be overwhelming and quite frankly, challenging to integrate and/or consolidate all of these data sources. On top of that, there are on-premise tools as well, where a lot of accounting systems still reside. Now, as our understanding of data and how we can harness this insight continues to evolve into more richly integrated manifestations, the multi-cloud reality can be frustrating. This article will zoom in on reporting as part of BI and CPM processes – and how the right tool can be a complete solution to your life, as we know it, in a multi-cloud era.
This article discusses reporting tools and best practices on spreadsheet design for companies looking to expand their Microsoft Dynamics 365 experience.
Companies need powerful financial reporting solutions to help remain competitive in their industry by analyzing and managing their data without any issues or disruptions. Microsoft Excel is probably the most well-known spreadsheet software program that exists. Everyone has probably used it at least once in his or her life. However, many people often design their spreadsheets with no planning at all. This most likely means that most spreadsheets have a poor infrastructure and some room for error. This article will explore how you can plan and design smarter with Excel-based financial reporting options, so you are able to better use your reporting solution to navigate your company in analyzing and managing your data using Dynamics 365.