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Focus 2017: Another Record-Breaker in the Books

BI Events, BI360, BI360 Dashboards, BI360 Planning, BI360 Reporting, Business Intelligence, Cloud, Collaboration, ERP Partner Program (VAR), Excel 2010, Fun, InfoManager (BI360 budgeting module), Solver Operational Data Store (BI360 Data Warehouse module)

This article will recap all of the details from Focus 2017, the 5^th annual user conference for BI360 customers and partners.

And just like that, Focus 2017 has come and gone. For the planning committee at Solver, charged with the planning and execution of the 5^th annual user conference for the community of BI360 customers and partners, it is bittersweet. To me, the best conferences can seem like summer camp for adult professionals, as you step out of your routine and your life to take up residence at a specific locale that is an all-inclusive on learning new skill sets, making new connections, and having fun. And Focus never disappoints in the context of this analogy. This is the fourth year I have attended the event, and it was such a joy to see familiar faces and share memories from past years with new faces at the ample networking opportunities. This blog entry will recap the highlights from this year�셲 Focus event.
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August 30, 2017/0 Comments/by Matthew Felzke

Focus 2017: A BI360 Family Reunion

BI Events, BI360, BI360 Dashboards, BI360 Planning, BI360 Reporting, Business Intelligence, Cloud, Collaboration, ERP Partner Program (VAR), Excel 2010, Fun, InfoManager (BI360 budgeting module), Solver Operational Data Store (BI360 Data Warehouse module)

This article will detail what BI360 customers and partners can expect from the 5^th edition of Focus, the annual user conference Solver puts on in Southern California.
When I first attended Focus in 2014, I was relatively new to the corporate performance management (CPM) space. I was starting to understand the ins and outs of financial and operational reporting, budgeting, forecasting, and modeling, data visualizations like dashboards of graphs, charts, and scorecards, and data warehousing as solutions to organizational performance management. But everything became three-dimensional to me at Focus. A community of hard-working and fun-loving BI360 users came together to share and compare best practices, learn about the power of the product, and network with new and established connections alike. Frankly, it was really sweet �� and felt more like the most productive and educational family reunion rather than a formal conference. This article will explore what unfolds at this annual event �� and why it�셲 as successful as it is, but also what to expect from the 2017 edition.
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June 16, 2017/0 Comments/by Matthew Felzke

Why Move Financial Planning and Analysis (FP&A) to the Cloud?

BI360, BI360 Dashboards, BI360 Planning, BI360 Reporting, Business Intelligence, Cloud, ERP Partner Program (VAR), Fun, GPUG, Intacct, Microsoft Dynamics, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One

This article explores financial planning and analysis in the cloud for your CPM strategies.

Image from Shutterstock.

In the budgeting and forecasting realm, Financial Planning and Analysis (FP&A) is becoming more and more relevant. Most mid-sized and large companies have dedicated professionals in FP&A roles due to the constant evolution of finance and the reach across the enterprise. If you are not familiar with FP&A, this article will cover the benefits of cloud for your finances and hopefully, answers any questions you may have regarding to FP&A and the cloud. Read more

May 17, 2017/0 Comments/by Hanna Kim

Excel Budgeting on Cloud for Banks

BI360, BI360 Dashboards, BI360 Planning, BI360 Reporting, Business Intelligence, Collaboration, ERP Partner Program (VAR), Excel 2010, Fun, InfoManager (BI360 budgeting module)

This article will focus on Excel Budgeting on Cloud for Banks.

Nothing is easier than Excel �� When it comes to budgeting for a bank, it all starts with the balance sheet.혻 The main component of a bank�셲 revenue comes from the interest earned from loans and paid on deposits.혻 To budget interest, you will need to figure out what the existing loan and deposit balances will look like over the next several months.
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April 5, 2017/0 Comments/by Daniel Havey

The Importance of Training in Cloud Business Intelligence Solution Management

BI Events, BI360, Business Intelligence, Collaboration, Excel 2010, Fun

In this article, we will explore the necessity of training in getting the most ROI on your Cloud Corporate Performance Management and Business Intelligence solutions.

On this blog, we have been discussing the service packages that can come with ownership and management of a cloud Corporate Performance Management (CPM) and/or Business Intelligence (BI) solution �� and so far, we�셶e explored the importance of support and consulting.혻 This article will explore the final component �� why training?혻 Wasn�셳 consulting enough?혻 Is it an essential part of the experience of owning and mastering the management of your cloud BI or CPM tool? 혻This article will set out to answer these questions and more about the relevance of training to your daily work within a cloud BI or CPM solution.
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March 24, 2017/0 Comments/by Matthew Felzke

This article will focus on Cloud-based Business Intelligence Solutions for Banking.

Why do I love my iPod Classic? �� I got my 80GB iPod Classic around 2007. 혻I was able to load all 14,000 songs from my library onto it. 혻I created several playlists that helped me organize the songs. 혻One playlist consisted of heavy metal that got me amped up before going to the gym. 혻Another playlist contained acoustic folk songs that were for the morning after a late night of fun. Read more

March 20, 2017/0 Comments/by Daniel Havey

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

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�셳 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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March 15, 2017/1 Comment/by Hanna Kim

This article will focus on Cloud Reporting for Banks.

Image taken from Shutterstock.

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. 혻These solutions are typically offered under a subscription-based pricing model called Software as a Service (SaaS).혻Gartner 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 �쐇n which one or more of these elements is implemented in the cloud�� qualifies as cloud analytics. Read more

March 3, 2017/0 Comments/by Daniel Havey

This article will focus on what you will be looking for in a Performance Management Tool for Banks.

Image taken from Shutterstock.

What is Performance Management?혻 According to the Harvard Business School, performance measurement focuses on four main areas:
-Communicating with external investors to ensure that a firm�셲 securities are fairly priced and that they are able to access capital
-Measure and evaluate a firm�셲 economic performance
-Improve resource allocation and strategy implementation within a firm
-Build accountability for performance through effective external and internal governance

The emphasis of this article will be on improving resource allocation and strategy implementation, specifically for banks.혻 Though banks have evolved over time, their basic function is to take in deposits and reinvest those funds back into the community in the form of loans for such things as houses, cars, education, and infrastructure.
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January 30, 2017/0 Comments/by Daniel Havey

The Power of Good Drill-Down in Dynamics NAV Reports

BI360, BI360 Dashboards, BI360 Planning, BI360 Reporting, Business Intelligence, Collaboration, ERP Partner Program (VAR), Excel 2010, Fun, GPUG, Microsoft Dynamics

This article focuses on the importance of the drill-down function in your reporting tool.

Have you looked at the summary page on your bank statement and not been able to recall a transaction you made? Or has your department made a large transaction and nobody in your team was혻able to figure out what the company�셲 money was spent on? This is where a drill-down feature in your reporting will benefit you. A drill-down is a feature that can be found in your reporting tool, and it allows the end user to see details of the transactions the user is reporting from. If you are relying on Microsoft Dynamics NAV for your business, this article will focus on what you need to know regarding drill-down features to expand your reporting processes. Read more

January 11, 2017/1 Comment/by Hanna Kim

The Power of Good Drill-Down in Dynamics NAV Reports

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