This article will focus on Cloud Reporting for Banks.
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Just what is Cloud Reporting? – TechTarget defines Cloud Analytics as a service model in which the reporting and analysis process are provided through a public or private cloud. These solutions are typically offered under a subscription-based pricing model called Software as a Service (SaaS). Gartner defines the six key elements of analytics as data sources, data models, processing applications, computing power, analytic models and sharing or storage of results. In its view, any analytics initiative “in which one or more of these elements is implemented in the cloud” qualifies as cloud analytics. Continue reading →
This article explores financial reporting and budgeting options in the cloud for your Acumatica Enterprise Resource Planning (ERP) system.
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In today’s business world, our processes and technology platforms require accessibility and flexibility, and more solutions are showing up on the cloud market. Since data sources and data in general continues to expand in size and can increasingly be found across cloud and on-premise locations, more executives are looking for the right Business Intelligence (BI) solution to empower business end users to make better and smarter business decisions. In this article, we will discuss several business intelligence options for your Acumatica ERP system that will cover deployment options, sophisticated functionalities, and hopefully, answers to any questions you may have regarding BI add-ons. Continue reading →
This article will discuss the benefits of consolidating your many reporting tools.
How many of us use five or more report writers across our business systems? I know it sounds absurd, but most organizations do use that many reporting tools across their ERP system and other databases. When looking to invest in a reporting tool, how you integrate and present your data is very important. It is the backbone when it comes to making wise business decisions. In this article, I will focus on various options for consolidating multiple reporting tools to navigate your organization-specific issues in managing and analyzing your data.
This article focuses on modern features and functionalities for financial reporting, so you have a better understanding of what to look for when seeking a tool to improve your experience with Sage 100.
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In today’s data-driven world, your organization needs a powerful financial reporting tool to help you stay competitive in your industry. In this article, I will explore the Business Intelligence (BI) options you have for software, specifically looking at feature and functions, so you can select the best reporting tool to navigate your organization-specific issues in managing and analyzing your data as a Sage 100 user.
This article will discuss your financial reporting options, so you can have a head start in picking the best report writer that enhances your Dynamics SL experience for you and your team.
A modern, dynamic financial report writer is nearly a necessity for any organization that intends to stay competitive in the marketplace, navigating economic shifts and developing their brand by making data-driven decisions. This article will discuss financial reporting solutions, with a focus on their features and functionalities, so you can have a head start in finding the right report writer for your Microsoft Dynamics SL experience.
There are numerous Business Intelligence tools on the market to enhance Microsoft Dynamics SL. This article will highlight key features and functions to consider when investing in a BI solution.
The Business Intelligence (BI) and Analytics solutions market continued to grow in 2013, up 8% to a total of $14.4 billion from 2012, according to Gartner. It is a relatively gradual growth, but the development is steady – and it makes sense. More than ever, analytics are informing corporate decision-makers how to best move the company forward from real-time, monthly, quarterly, project-specific, beyond the General Ledger (GL) and fiscal perspectives. The corporate world is shifting from IT-managed reporting, budgeting, and data storage to business user friendly, powerful BI software that takes Enterprise Resource Planning systems like Microsoft Dynamics SL, to new heights of analysis and planning.
Microsoft Dynamics SL is an established accounting product, around for a couple decades and acquired by Microsoft in the early 2000’s. There are approximately 12,000 customers around the globe, and that number will continue to grow under the Microsoft umbrella. That all said, Dynamics SL users do not have their heads in the sand. The growing world of BI solutions offer a variety of options to make the most of Dynamics SL through data analysis and planning for the future. Namely, the BI marketplace offers reporting, budgeting, dashboards, and data storage options. This article will discuss the feature and functionality offerings for Dynamics SL users in the current landscape of BI solutions.
The motivation to replace FRx may already be there, but the cost of doing so is a mystery. This article will lay out all of the figures to consider when thinking about replacing FRx, Microsoft’s now-retired report writer.
Reporting within FRx just doesn’t cut it for business today, not only because Microsoft officially retired the product a couple years ago. Reporting software is available to truly accelerate Excel and deliver drill-down, drill-to, beyond the General Ledger reporting features. Organization-wide, departmental, or even ad-hoc reporting are important capabilities today as the growth and maturity of a company relies on its ability to analyze transactional data.
While “Financial Reporting” often used to be synonymous with financial statements such as Profit & Loss reports, Balance Sheets, Cash Flow statements and consolidated reports, these days companies are using dual purpose tools like BI360 to also handle their operational reporting.
A quickly increasing number of BI360 users are developing operational reports such as:
– Reports help them manage inventories with details about standard cost, quantities and physical value.
– That shows purchase orders versus requisitions with related information about delivery dates, unit price, quantity ordered, purchase price and purchase quantity.
– Production orders with trend charts that quantities items ordered by date.
– Work-in-progress reports (WIP), quantity per order, how much of an order has been started and the WIP amount.
The above types of reports are particularly popular amongst Microsoft Dynamics AX customers because a good number of them are in manufacturing or related industries.
We also see more customers deploy the BI360 data warehouse in order to combine their ERP data with other operational data sources. Examples of these are healthcare providers that combine financial data with payroll and patient data to produce reports or dashboards that show average cost per patient day, statistical trends like Average Length of Stay (ALOS), etc.
As companies go operational with their reporting and the business users that truly understand the information needs of the business are able to design the reports, the result if often high value reports that earlier where non-existent or that had to be pieced together manually in spreadsheets.