Financial Flash Report

What is a Monthly Flash Report? Flash Reports are considered management reports and are often used by executives and finance managers to quickly get a picture of most of the company's important metrics. Some key functionality in this type of dashboard report shows actual and budget data for the current month, last month, same period last year, as well as, for each individual month this year. Variance columns with traffic lights help drive attention to outliers. The rows show key statistical and financial metrics. You will find an example of this type of dashboard report below.

Purpose of Monthly Flash Reports Companies and organizations use Monthly Flash Reports to easily detect outliers and exceptions in their key metrics. When used as part of good business practices in a Financial Planning & Analysis (FP&A) Department, a company can improve its ability to quickly detect and react to problems or opportunities, as well as, reduce the chances that a situation arises unseen until it is too late.

Who Uses This Type of Dashboard report? The typical users of this type of dashboard report are: Executives and Managers. Other Dashboard reports Often Used in Conjunction with Monthly Flash Reports Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Monthly Flash Reports, along with financial reports, operational reports, dashboards and other management and control tools.

Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others. In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional xFP&A solutions.

This Solver report template connects directly to your ERP data via the Solver Data Warehouse, enabling near real-time analysis with minimal setup. Designed for QuickStart deployment, it can be activated rapidly so your team can focus on analysis and decisions — not data preparation.

What is the Financial Flash Report in Solver? The Financial Flash Report is a pre-built xFP&A report template in Solver that delivers key financial and operational metrics in a single, easy-to-use interface, eliminating the need for manual data work or custom report development.

Who uses this Solver report template? Cfos, fp&a managers, and controllers rely on this Solver report template for consistent, parameter-driven reporting that can be run on demand or on a scheduled basis. It eliminates the manual work typically required to produce this type of analysis.

Where does the data come from? Data is sourced automatically from your ERP system through the Solver Data Warehouse, which integrates with platforms such as Microsoft Dynamics 365 Business Central, Dynamics 365 Finance, Acumatica, Sage Intacct, and other leading ERP solutions. Once connected, the template updates in near real-time with no manual data entry required.

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