This article will zoom in on your options for modern, robust budgeting in the cloud for Microsoft Dynamics GP. 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 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 dashboard solutions for media organizations that are seeking to enhance their Microsoft Dynamics GP data analyses.
Whether your organization focuses on television, radio, the Internet or a different medium, a complete dashboard solution would be an effective way to ensure your company meets the demands of the digital disruption. Data visualizations provide easily digestible and accessible data analyses with charts, graphs, and scorecards that spotlight trends, successes, and challenges employing key performance indicators (KPIs) and your data to inform management decision-making for a department, a project, and/or the entire company.
This article is an interview with Solver Controller Gina Louie about wrapping up end of year with reporting for Dynamics GP users.
Recently, I had the opportunity to sit down with the person responsible for wrapping up Solver’s operational and financial year, Controller Gina Louie. With her hands-on experience, this interview is a must-read for best practices to wrap up end of year for any organization.
How is the end of year different for finance and accounting teams like yours when compared to end of month?
This article will focus on the benefits of Business Intelligence (BI) for the sales, marketing, human resources, and information technology departments using Dynamics GP.
Each department has an important role in a company. As a department leader, you may know what your team needs to achieve department-specific goals. BI solutions that cover budgeting, forecasting, reporting, and analyses can help you meet those goals in an efficient and quicker way. For example, at my own company, the current team of department heads includes Nils Rasmussen for Sales, Gina Louie for Human Resources, IT Manager Allan Bacero, and Marketing Director Vanessa Sierra. I will cover four general departments that you would typically find in an organization and explore how a BI tool would help each department.
In this article, we will explore the perspectives of some key leaders in regard to BI software that reports on, plans with, showcases, or manages Microsoft Dynamics GP data.
Oftentimes, the executive team tasks an employee, usually in the finance and/or IT department(s), with finding financial reporting, budgeting, dashboards, or data management solutions for the organization. You might clearly understand what your team needs to achieve department-specific goals, especially with the muscle memory of processes as they heretofore have gone. But you might not exactly understand what is important to your team of decision makers, whether that is strictly the executive team or a larger group of stakeholders. In this article, we will explore the perspectives of some key leaders in regard to BI software that reports on, plans with, showcases, or manages Microsoft Dynamics GP data.
This article will discuss your financial reporting options for your Dynamics GP.
Your organization needs a powerful and dynamic financial reporting tool to help you stay competitive in your industry by managing and analyzing your data without any disruptions. Navigating through Business Intelligence (BI) is much like maneuvering through the streets of a foreign country without a map or any directions. In this article, I will explore Excel-based and web-based financial reporting options, so you are able to select the best reporting tool to navigate your organization in managing and analyzing your data using Microsoft Dynamics GP. Continue reading