At the end of 2016, we sat down with CEO Nils Rasmussen, COO Corey Barak, CIO Hadrian Knotz, and CTO Mike Applegate to discuss 20 impactful years of being a leader in the Business Intelligence (BI) industry. This is the final segment in the series, where the executive team members discuss what differentiates BI360 and what they would like to be known for in 20 years.
Before the holidays, we sat down with CEO Nils Rasmussen, COO Corey Barak, CIO Hadrian Knotz, and CTO Mike Applegate to discuss 20 impactful years of being a leader in the Business Intelligence (BI) industry. This is the second in a series, where the executive team members discuss the future of Solver and BI360 in terms of product innovation, customer and partner relationships, and the organization as a whole.
I recently sat down with the leadership team at Solver to discuss the 20th anniversary of launching the organization. The following is the first in a series, where they talk about how the organization came about, where they have gone and been, why they launched BI360 and more, as they move toward a cloud deployment option in 2017. CEO Nils Rasmussen, COO Corey Barak, CIO Hadrian Knotz, and CTO Mike Applegate all chimed in about the successes and challenges that they have faced – and what they are most proud of on this anniversary.
This article will discuss today’s best budgeting and forecasting tools for not-for-profit organizations, specifically regarding their built-in features and functionalities to expand your Microsoft Dynamics GP experience.
Budgeting is such a crucial task, no matter if you’re budgeting for yourself or on the organizational level. Regarding not-for-profit (NFP) organizations, budgeting might be the particular reason you are still afloat, living within your means to deliver for the community. Recently, I had the opportunity to speak with NFP budget contributors, and the common theme was that technology has historically been restrictive when trying to meet modern planning goals. Excel might suffice for your household budget, but is challenging for any healthy organization. If you’re reading this blog post, you’re likely shopping around for independent software vendor (ISV) budgeting software that can read your historical Microsoft Dynamics GP figures and/or perhaps data from additional sources, like payroll from ADP or Ceridian, to streamline and improve your planning process. Today’s planning solutions deliver secure collaboration functionality for planning tasks, which makes the inherent teamwork easier, so that your organization can be successful in living within their means.
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.
Budgeting is such an important process, regardless of whether you’re doing financial planning in your personal life or full-scale organizational budgets and forecasts. For non-profit organizations, budgeting can be the exact reason you are able to live within your means, surviving to continue providing what the community needs. When recently speaking to non-profit budgeting contributors, I discovered that one of the biggest hurdles is the technology they are using to respond to today’s complex planning demands. Excel might be perfect for a household budget, but performs subpar for any organization of a healthy size. If you’re reading this article, you’re probably looking at independent software vendor (ISV) budgeting tools that can bring together your historical Intacct actuals and/or maybe information from another system, like payroll from ADP, to simplify and upgrade your planning processes. Modern planning software delivers secure collaboration for your budgeting and forecasting tasks, which streamlines the requisite teamwork, so that you can successfully live within your organization’s means.
Yesterday, I went to a financial advising meeting, and I didn’t cringe or feel sick when they asked me for a personal monthly budget, so while I celebrated my own progress, I still cannot say that budgeting has ever been an exciting responsibility for me. And in discussing organizational budgeting with finance professionals, it’s not much different in the business world, particularly with software that is limited in handling the modern complexities of planning. Excel serves me adequately with my household budget, but is not sufficient for any healthy-sized company. If you clicked on this article, you’re likely interested in finding third party budgeting software that brings your historical Intacct information and/or perhaps data from a payroll program like ADP to streamline and expedite your planning tasks. Today’s planning tools offer secure paths to collaborating on budgeting and forecasting, which simplifies the teamwork required to live within our organizational means.
I’m getting better at planning and more specifically, budgeting in my personal life, but it has never been an enjoyable experience for me. With this personal development experience and talking to plenty of finance professionals, I can fully understand why financial planning processes in the business world can be tedious, especially with limited tools to address complex budgets. Excel might serve me just fine for a simple household budget, but falls short for any organization of a healthy size. If you’re reading this, you’re probably shopping for third party budgeting software that pulls historical data from Acumatica and maybe a payroll system like ADP to simplify and turbo-charge your planning processes. Modern budgeting and forecasting software provide secure ways to collaborate on planning processes, which streamlines the typically team-oriented task to live within a company’s means.
I recently had the opportunity to sit down with Solver CEO, Nils Rasmussen, to discuss developments in the BI sector and how Solver fits into the growing and competitive marketplace. He explains evolutions for BI processes and the software that you utilize to achieve data management and analysis, as well as what is on the horizon for BI360 as a leading solution on the market today.
Automating Business Intelligence (BI) processes, such as reporting and budgeting, increases the value of your investment in a modern tool. This article discusses today’s automation options for SAP Business One.
Reporting and budgeting are popular article topics for SAP Business One users, whether it is in print, on social media, or blogs. On this blog, I have covered reporting and budgeting, zooming in on options for SAP B1. At this point, you probably think that writers of these articles assume that all you do in your role is build financial reports and manage budgets – and spend the rest of the time reading about these processes. If you feel this way, I get that.