Matthew Felzke
Replacing FRx and Management Reporter with Cloud Reporting for Microsoft Dynamics

Cloud Reporting for IntacctThis article explores the cloud reporting options you have for replacing FRx and Management Reporter.

Sometimes, it’s hard for me to believe that some companies might still be using FRx, as the product was retired by Microsoft – and replaced with Management Reporter (MR) – years ago. But MSDynamicsWorld.com recently hosted a webinar about replacing either, and hundreds of registrants attended. When I zoom out and think about process overhauls or technology replacements that I have been a part of, for the most part, they generally haven’t happened rapidly. Also, we’re all regularly in the trenches of our jobs, in this case producing reports or consolidating company financials for an understanding of company health, so taking the time to research, watch demos, have calls with sales folks, and test the power and viability of a new product can be tough. But as companies look to replace FRx and MR and at the same time prepare for a future move to a cloud ERP system, we’re seeing a lot of finance departments take the first leap by implementing a modern cloud reporting and budgeting solution, proving that a true business improvement momentum is building in the enterprise technology sector. This article will discuss the power of cloud reporting options not only to replace FRx and MR, but also as a strategic catalyst for a bigger picture cloud technology migration.

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Hanna Kim
Top 8 Acronyms Used in Business Intelligence and Corporate Performance Management

This article focuses on terms that will educate and help those who are new to the BI/CPM realm.

 

Image taken from Shutterstock.

Image taken from Shutterstock.

Have you ever started a new job in an industry you have no experience in? Learning the industry jargon can be overwhelming. I can personally attest to this because prior to working in the Business Intelligence (BI) and Corporate Performance Management (CPM) worlds, I was in the food, public relations, and entertainment industries, and did not have much experience in BI or CPM. If you have recently been exposed to BI tools, such as report writers, budgeting and planning solutions, dashboards, data warehouses (DWs) and you feel like a deer in headlights, there is no need to panic. In this article, we will discuss ten acronyms in the BI/CPM realm that will help you understand and enhance your experience with BI and CPM processes.

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Hanna Kim
How to Prepare for Your First Financial Reporting Implementation

This article will discuss the process of preparing for a successful financial reporting implementation.

Image taken from Shutterstock.

Image taken from Shutterstock.

In the modern business realm, you cannot avoid financial reporting. Whether it is a homegrown Excel process, a legacy software program, an independent software vendor (ISV), or a native enterprise resource planning (ERP) report writer, every company is doing it. Investing in your first modern reporting tool typically means automated financial statements, accessible collaboration, modern security, and self-service analytics. Don’t worry if it sounds like gibberish to you. In this article, we will discuss preparing for your first reporting implementation so you are able to select the best reporting tool to navigate your organization in managing and analyzing data.

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Matthew Felzke
Business Intelligence for Sage 100

In this article, we’ll explore what Business Intelligence solutions can do to help you achieve a best-of-breed Sage 100 experience that drives smarter organizational decision-making.

The modern business world moves at such a pace that it is imperative that our tools be accessible and flexible for our analytical processes.  Mobile applications are just one example of how independent software vendors (ISVs) are delivering Business Intelligence (BI) tools that speak to consumer needs for financial reporting, data management, and analytics for Sage 100 users.  Today, you should be investing in BI technology that is nothing short of the flexibility you require, in terms of how you get to your transactional and operational information for more streamlined, smarter decision-making, regardless of where you are working.  Third party software vendors are bringing flexible BI solutions to market for an upgraded, modern end user experience.

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Hanna Kim
How to Reduce the Number of Report Writers in Your Organization

This article will discuss the benefits of consolidating your many reporting tools.

reporting

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.

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Hanna Kim
Sage BI Versus Third Party Reporting and Budgeting Solutions

This article will discuss the benefits and drawbacks of Sage Business Intelligence and Third Party Solutions.


shutterstock_forecastingbudgeting

Choosing the right Business Intelligence (BI) solution for your company is a lot like choosing what you need to eat for a healthier lifestyle. Is your company lacking nutrition? What does it need to help that problem and make better decisions? BI is an exciting realm to delve into because it does a number of things. It gives insight into consumer behavior, it improves efficiency, it increases productivity, and it turns data into actionable information. According to Gartner, the world’s leading Information Technology (IT) research company, BI is defined as “an umbrella term that include the applications, infrastructure and tools, and best practices that enable access to and analysis of information to improve and optimize decisions and performance.” The objective is to provide organizations the right knowledge in the hands of the right people at the right time to make informed decisions. BI increases the ability to identify trends and challenges, as well as fine-tune operations to meet business goals.

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Hanna Kim
Best Report Writers for Sage 100

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.

Trend in Business Intelligence for H2 2015

Photo taken from Shutterstock.

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.

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Matthew Felzke
Building a Best-of-Breed Business Intelligence Solution for Sage 500

This article discusses independent software vendor tools that will turbo-charge data management and analyses for Sage 500 users wanting to build a best-of-breed solution.

Some Sage 500 users will probably always wonder why they would want or need to deploy independent software vendor (ISV) tool(s) on top of their accounting system.  This confusion is perhaps an obstacle for ISVs and a concern for some Sage 500 users.  There are a couple of clarifications that seem to organically come out of the conversation.  First, no ISV can create a tool that can be a solution for every single organizational hurdle.  A great example would be how competitive mobile device brands, like Apple or Android, provide their own native mapping applications, but still allow you to download an app from another manufacturer, which is similar to modern flexible enterprise resource planning (ERP) systems, like Sage 500.  Because every organization using Sage 500 has particular objectives, specific budgeting requirements, and rules, the accounting system vary in how effective it is for each company.  ISV technologies enable organizations to customize their data management and analytics.

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Matthew Felzke
Non-profit Reporting with Microsoft Dynamics GP

This article focuses on financial reporting options for non-profit organizations utilizing Microsoft Dynamics GP, zooming in on features and functionalities to expand your analytics.

Financial reporting has traditionally been the lead singer if Business Intelligence (BI) processes were in a band, and it is no different for non-profit organizations.  If you’re utilizing Microsoft Dynamics GP, you know that the accounting system is equipped with several native financial reporting functions.  However, plenty of organizations are moving to independent software vendor (ISV) offerings for their regular financial reporting tasks, but why?  Third party software solutions for financial report writing are designed in response to consumer demands, streamlining and expanding analytics for more robust insight into your data, trajectories, successes, and challenges.  This article will explore the benefits of an ISV financial report writer for non-profit organizations using Microsoft Dynamics GP.

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Matthew Felzke
Useful Business Intelligence Add-on Products for Intacct

Independent software vendor (ISV) tools expand and streamline data management and analytics for Intacct users building best-of-breed Business Intelligence (BI) solutions.

One question that sometimes comes up in conversations with Intacct customers is related to confusion as to why you might need to deploy ISV tool(s) on top of the accounting system.  This is a small hurdle for ISVs as the confusion seems to quickly dissipate for the Intacct community.  First of all, no software solution, even as great as Intacct has proven to be, can answer to every single business-related analytical hurdle for every company.  A perfect example would be Apple offering their own native Maps applications on their iPhones, but still allowing consumers to install the Google Maps app, just as any modern flexible enterprise resource planning (ERP) system, like Intacct, does.  Because every organization who utilizes Intacct has particular objectives, specific planning needs and rules, the accounting system will differ in how sufficient of a solution it is for each corporation.  ISVs provide businesses the capability to customize their data management and analytics.

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