This article will highlight the top 5 corporate performance management trends for 2017, zooming in on features and functionalities and looking at the bigger picture roadmap for the marketplace.
It’s that time of the year again – the beginning of the year, specifically – where we move from organizing ourselves and goalsetting to the work of achieving our objectives. There appears to be a collective understanding that 2016 was a rough year, at least in pop culture, no doubt a result of social media and specifically, the meme-driven culture. Regardless of your perspective on how the business world fared in 2016, a new year brings with it a chance to do better, to improve processes and outcomes of teamwork. And in that vein, this article will zoom in on the trends you can expect to see emerge for Business Intelligence (BI) and Corporate Performance Management (CPM).
This article will focus on the benefits of Business Intelligence (BI) for the sales, marketing, human resources, and information technology departments using Dynamics GP.
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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.
There’s a lot more to cloud–based business intelligence tools than easy data accessibility. This article examines why CFOs and accounting pros see cloud BI as a great return on investment.
Like a lot of productivity and management software, business intelligence (BI) tools are moving to the cloud. Why? Sure, the cloud makes BI more accessible, and deployments more manageable, just like data of every kind. Whether it’s Corporate Performance Management (CPM) or even music, you can access it via any web browser or mobile device, anywhere, anytime.
But there are other reasons why the cloud and business intelligence tools are a perfect match, especially for CFOs or accounting pros who rely on BI to boost bottom-line performance. We’re talking about solving problems such as lowering costs, gaining flexibility, and increasing productivity, all while realizing BI’s promise of delivering the right information to the right people at the right time so they can make more informed decisions. As Solver builds – and gets ready to deliver BI360 as an innovative cloud service, we continue to discover reasons why cloud is the future for Business Intelligence.
Here are 9 reasons why a cloud-based Business Intelligence Tool may be right for you.
How you access your data can determine the speed and efficacy you can achieve in your financial reporting processes. This article will discuss data warehouse and OLAP cube based reporting.
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.
Self-service business intelligence is a must for financial professionals who need to make data-driven decisions quickly and accurately. Business intelligence tools like reporting, planning, budgeting, dashboards, and collaboration give trained users the insight to make better decisions in timely fashion. The key word here is trained. Self-service BI is a great vehicle, but it’s only as effective as the user’s ability to drive the car.
Once you’ve decided on a system, make sure your BI provider offers in-depth training, service and support programs. Set your expectations up front. Obviously they should understand your company’s business requirements, but they need to get granular with their training programs. Your team probably consists of technical and non-technical users. How does your provider address the needs of everyone? Whether it’s online training courses, in-person training courses, tutorials, webinars or whatever, make sure your provider understands your definition of success. Remember that even the most user-friendly solutions require proper training if you wish to truly become autonomous.
And training shouldn’t be a one-and-done experience. Pick a self-service BI provider that offers ongoing training and support, as well as a proactive partner that understands real-world scenarios and can anticipate potential speed bumps that apply to your specific business intelligence environment. Read more about self-service business intelligence training programs.