Data is driving decision-making at all levels because data continues to grow in size and significance. Logging, storing, and evaluating data has become a big part of the business culture today. In order to produce rich, helpful financial reports for an analysis of a company’s opportunities and challenges, you will have to routinely store, access, and manage your data. Because of this reality, you might feel overwhelmed your technology options for storing your data. You have a few options, but they vary in functionality, and one might be better for your company than another, depending on what analysis goals you are trying to achieve. This article will explore data warehouse and OLAP cube based reporting.
The future of Business Intelligence (BI) and more specifically, financial reporting, is here – and it would be a mistake to ignore it. I’m talking about the importance of a comprehensive solution that responds to several organizational needs, while putting ease of use, flexibility, and collaboration at the core of the technology. Let me be more specific: a web-based report library for Microsoft Dynamics NAV takes financial reporting to the next level – a new normal of synergy, modernity, and business user friendliness. As technology marketplaces continue to move in the direction of Cloud computing and web-based products, so does the BI sector. This article will discuss some of Dynamics NAV users’ needs addressed by a web-based report library as a framework to understand the new product category better for consumers.