How City Wide Facility Solutions Streamlined Franchisee Reporting with Solver
Company: City Wide Facility Solutions
Industry: Real Estate
ERP: Microsoft Dynamics 365 Business Central
Use Case: Consolidation, Reporting
“With just a few clicks, financial packages can be generated that provide balance sheets, income statements, and cash flows. We can easily build reports to help us analyze our numbers and make much more informed decisions. Franchise owners have loved using Solver due to its simplicity and dynamic report building.”
Luis Arzate, Financial & Data Analyst, City Wide Facility Solutions
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You know, one of our biggest challenges was reporting and forecasting. However, Solver does help us consolidate all this by providing a central point where our
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users, controllers, accountants, finance department can essentially just create, generate reports and have their own
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specific process that's tailored to them.
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One of the best features that we love about Solver is the amount of data that it can process. We really love the back-end integrations, the job setups
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that we can actually create and map to the specific modules. I think it gives us the ability to create a dynamic
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environment that's specifically just made for us and that specifically caters to all of our users.
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I would say one of the biggest benefits of using Solver or partnering with Solver is that we have an expedited
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process here and you know we specifically use it more for financial reporting, income statement, balance sheets, cash flow statements and we have
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a bunch of other supplemental reports that are kind of used for reconciliations within our organization.
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How to describe Solver in three words or less. Really freaking cool.
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Solver has been able to cut down on the amount of time that it takes for our users to finish their processes. For example, calculating commissions, bank reconciliations, and so forth.
One Reporting Platform for Every Franchise Location
The Problem
City Wide Facility Solutions had migrated to Microsoft Dynamics 365 Business Central, but the ERP alone couldn't serve dozens of U.S. and Canadian franchise locations. Franchisees needed presentable, individualized financial insights to make informed decisions.
The Solution
Solver gave City Wide out-of-the-box and custom reporting, plus the flexibility for individual franchisees to budget and plan for their own needs. Input workflows streamlined budgeting, while custom reports supported commissions, margins, and faster monthly close.
The Result
Franchise owners now generate balance sheets, income statements, and cash flow reports in a few clicks, and controllers close the books faster with the specific reports auditors need across every location.