In today’s business world, Business Intelligence (BI) analyses are largely driving decision-making for the future of your organization by making sense of important company data. Even so, it would make sense if the number of financial reporting options, as well as the different features and functionality available, is overwhelming to you, even if you are familiar with BI processes, especially when trying to achieve industry-specific analytical objectives. Recently, I discussed the vagueness in product marketing with a finance professional for a manufacturing organization – and how frustrating it can be to try to shop for a solution that speaks to her manufacturing-specific analytical goals. This article will discuss what you need to know regarding modern financial reporting tools to expand your Microsoft Dynamics NAV processes, with a focus on manufacturing and distribution data management and analysis.
If you are running Microsoft Dynamics NAV, shopping for third party Business Intelligence (BI) solutions to upgrade your data management and analysis processes can be confusing and sometimes, overwhelming. You’ll go through your share of sales pitches, webinars, and demos, but this is a process you won’t do often. I’ve spoken to several professionals, most recently at Microsoft Convergence, who know what has worked and not worked for them, but don’t know what they should be looking for and asking regarding the features and functionalities of modern, powerful BI solutions. Most people are simply looking for the right fit to best meet their business demands, but where do you start?