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Example of a Sales by Product Report for a Distribution Company

What is a Sales by Product Report?

Product sales reports are considered sales analysis tools for items and product groups and are used by sales executives and analysts to review variances and trends by detailed product and class. Some of the main functionality in this type of report is that it is parameter-driven and the user can run it for any time period. Items are listed down the rows and they are grouped by item (product) class. The columns show sales for current month, same period last year and variances. Each of the year-to-date (YTD) columns can be expanded to see sales by individual month. The far right columns shows YTD actual versus plan (budget or forecast). The colored arrows act as easy to see indicators of positive and negative variances. At the bottom of the report the user can use the charts to analyze the same metrics as listed in the report section above. You find an example of this type of report below.

Purpose of Product Sales Reports

Distribution businesses use Product Sales Reports to track trends and variances in detailed product sales. When used as part of good business practices in Financial Planning & Analysis (FP&A), purchasing and sales departments, a company can improve its sales and product strategies, and it can reduce the chances that product outliers are not quickly detected in order to make timely decisions.

Product Sales Report Example

Here is an example of a Product Sales Report with item detail and trend analysis.

Example of a Sales by Product Report for a Distribution Company

Example of a Sales by Product Report for a Distribution Company

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Sales executives, product managers, purchasing managers and analysts.

Other Reports Often Used in Conjunction with Product Sales Reports

Progressive Financial Planning & Analysis (FP&A), purchasing and sales departments sometimes use several different Product Sales Reports, along with  sales transaction reports, customer and territory sales reports, sales dashboards, sales forecasts, sales budgets, inventory reports, profit & loss reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from management systems or 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 corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Profit & Loss Report with Charts and Modern Layout Example

What is a Profit & Loss Report with Charts and Modern Layout?

Modern Profit & Loss Reports with KPIs are considered a new trend in user-friendly reports and are often used by executives and financial managers to analyze profitability, revenues and expenses. A key functionality in this type of report shows actual, budget and last year figures with variances. Some of the most important information in the report is displayed as charts and KPIs on the top. You will find an example of this type of report below.

Purpose of Modern Profit & Loss Reports with KPIs

Companies and organizations use Modern Profit & Loss Reports with KPIs to present financial information to managers in an attractive and intuitive way. When used as part of good business practices in a Financial Planning & Analysis (FP&A) Department, a company can improve its analytical capabilities, as well as, mitigate risks that reporting users miss the most important information as they study financials.

Modern Profit & Loss Reports with KPI Example

Here is an example of a modern Profit & Loss Variance Report with KPIs displayed as charts.

Profit & Loss Report with Charts and Modern Layout Example

Profit & Loss Report with Charts and Modern Layout Example

You can find hundreds of additional examples here.

Who Uses This Type of Report?

The typical users of this type of report are: Executives and Financial Managers.

Other Reports Often Used in Conjunction with Modern Profit & Loss Reports with KPIs

Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Modern Profit & Loss Reports with KPIs, along with balance sheets, cash flow 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 corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

This article will discuss the process of preparing for a successful dashboard implementation plan.

Photo taken from Shutterstock.

Photo taken from Shutterstock.

There is power in storytelling. As humans, we find purpose in moving people to do great things. We use stories to make sense of things whether it’s giving your friend advice or explaining a business concept to your coworker. Well-designed dashboards tell a meaningful story with data in the form of charts, graphs, and scorecards that exhibit trends, opportunities and challenges with key performance indicators (KPIs) for your organization. Many software implementations can be difficult, and only a few companies today achieve “perfect” software implementations on their first try. If you are reading this article because your company recently purchased a dashboard tool or if you are wanting to invest in one, don’t feel discouraged. I’m here to help. In this article, we will discuss preparing for your first dashboard implementation.
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This article will focus on dashboard tips and tricks that enable organizations to understand their company data better for stronger decision-making.

shutterstock_dashboards

Photo taken from Shutterstock.


All companies, no matter the size, benefit from Business Intelligence (BI). Of all BI tools, dashboards are often seen as a top priority especially to Chief Financial Officers (CFOs) and other executives. According to Software Advice, a comparison site for Business Intelligence tools, dashboards, scorecards, and performance management software are priority number one for today’s financial executives. Dashboards provide quickly accessible, easily digestible analytics. It is an overview of your key information at a glance. Data Visualizations are graphs, charts, and scorecards that showcase data trends, opportunities, and challenges with key performance indicators (KPIs) for departments, projects, and/or the entire corporation. Making wise decisions is crucial for every organization because it heavily weighs on the company’s performance and condition, but just because an organization uses a dashboard, doesn’t mean it will be successful. In this article, we will focus on why a simple dashboard layout is typically the best kind of dashboard layout.
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In this article, today’s dashboard solutions for Microsoft Dynamics SL will take center stage for Professional Services organizations hoping to expand their analytics.

You can call them dashboards or data visualizations, charts, graphs, or scorecards, but it doesn’t matter – they’re nearly ubiquitous.  And that is because if you do a quick search on the internet about the top software priorities, specifically in the BI realm, dashboards are #1 for executives.  Because business is moving faster than ever (or so it seems), analytics that are quickly accessible and easily digestible is essential.  Dashboards deliver just that: graphs, charts, and scorecards illustrate trajectories, victories, and challenges through key performance indicators (KPIs) and your information to effectively keep a project, a department, or the whole organization on track.
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This article will explore the benefits of modern dashboard software solutions that can upgrade and expand Acumatica data analyses for Professional Services companies.

It really doesn’t matter if you call them dashboards, data visualizations, charts, or graphical scorecards, they’re everywhere nowadays.  This is probably due to the fact that they are the #1 priority in terms of software that executives are seeking, based on Gartner’s survey on Financial Executive International CFO Technology.  Since it seems like we are moving at the speed of light in business, easily accessible, quickly digestible data analyses are extremely valuable.  Dashboards provide precisely that – charts, graphs, and scorecards demonstrate trends, successes, and problem areas through key performance indicators (KPIs) and data to best keep a project, a department, or the entire company on track.
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This article will discuss two of the primary Business Intelligence (BI) analytical processes for Sage X3 customers, financial reporting and dashboards, with a focus on modern functionality.

While financial reporting is arguably the cornerstone of Business Intelligence (BI) analytical processes, dashboards are the top priority in terms of solutions executive teams are seeking.  Both are important to understanding the overall health of your organization, and you have choices for both on-premises and web-based, Cloud-hosted financial reporting and data visualizations.  Sage X3 users should be in the know regarding today’s best software options for achieving accessible, easy-to-use, robust analytics, specifically in terms of financial statements and dashboards.  In this article, I will discuss both financial reporting and data visualizations for Sage X3 customers – and the modern business problems you can solve with today’s powerful BI software.
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This article will discuss top features and functionalities you should be seeking in today’s business user friendly dashboard solutions for professional sports teams using Microsoft Dynamics GP.

You’ve probably noticed or heard that dashboard software is really popular in the Business Intelligence (BI) arena these days.  Additionally, Gartner’s recent study on CFO technology priorities concluded that dashboards, scorecards, and performance management tools are number one for financial executives today.  Professional sports teams are typically relying on dashboards in terms of athlete performance anyway, so BI dashboard analytics are a logical extension of easy-to-digest, quickly accessible analyses.  Dashboards or charts, graphs, and scorecards that showcase data trajectories, successes, and challenges with key performance indicators (KPIs), whether you are looking at off-season plans, investments, payroll, or the overall financial picture of your professional sports team.
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This article will explore key considerations in regard to features and functionality you should be looking for in a modern, easy-to-use retail dashboard tool for your Microsoft Dynamics NAV experience.

You’re probably not surprised when you hear that dashboards are at the top of the list of most popular Business Intelligence (BI) solutions on the market today.  Gartner did a study in 2013 on Financial Executive International CFO Technology, which delivered the conclusion that dashboards, scorecards, and performance management solutions are the top priority for today’s executives.  Modern retail business culture is more fast-paced than ever, and dashboards deliver quickly digestible and accessible analytics.  Dashboards are graphs, charts, and scorecards that illustrate data trends, successes, and problem areas with key performance indicators (KPIs), whether you are looking at a store, region, product, one corporate department in particular, or the whole company.
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Today’s modern dashboard solutions offer powerful and easy-to-use features and functionalities to access, understand, and interpret Hotel and Restaurant company data for stronger decision-making.

Dashboards are the current leading Business Intelligence (BI) tool in the marketplace, according to a recent study by Software Advice, a comparison site for business intelligence tools.  In 2013, Gartner’s study on Financial Executive International CFO Technology found that dashboards, scorecards, and performance management software is the top priority for executive teams these days.  Today, managing a hotel or a restaurant is a more fast-paced task than ever, and dashboards provide business user friendly, powerful analytics.  Moreover, dashboards are graphs, charts, and scorecards that demonstrate company trajectories, opportunities, and challenges using key performance indicators (KPIs), whether you’re analyzing the success of a project, a department, or the entire organization.
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