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Example of a Gross Margin Trend Analysis Report to Streamline the Monthly Reporting Process

How can Profitability Analysis Drive Faster and Better Decisions?

As CFOs increasingly become key advisors in the Monthly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Profitability Analysis like the Gross Margin Trend Analysis Report template shown below enables them and users from the executive teams to experience near real time revenues, cost of sales, gross profit and gross margin insights that help drive faster and better decisions.

Who uses Gross Margin Trend Analysis Reports and What are Some Key Analytical Features?

In today’s fast-paced business environment, CFOs are under high pressure to supply end users like the management team and board members with timely and concise Profitability Analysis. Companies use key features like the ones below to support their users with effective analysis that helps drive better insights into trends that influence margins and profitability:

  • Summary view of the gross margin for executive and board level updates.
  • Graphical and reporting views of gross margin for the preceding 14 month periods.
  • Analysis of Current YTD Actual Revenue, Current YTD Actual COGS, Gross Profit, and Gross Margin

The Gross Margin Trend Analysis Report template can be used as a key element of the Monthly Reporting process:

Example of a Gross Margin Trend Analysis Report to Streamline the Monthly Reporting Process

Example of a Gross Margin Trend Analysis Report to Streamline the Monthly Reporting Process

The Gross Margin Trend Analysis Report is a ready-to-use Profitability Analysis template from the Solver Marketplace.

A Brief Description of the Gross Margin Trend Analysis Report

Profitability Analysis reports like the one seen in the image above are interactive and parameter driven and typically contain sections with charts and data . One of the important features that aid the user in the analysis process is the ability to easily see a graphical 14 month rolling view of gross margins. Gross Margin Trend Analysis Reports are often used in conjunction with rolling trended balance sheets and profit & loss reports, gross margin dashboards, cost and revenue analysis reports, sales reports, revenue and margin budget input forms.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

What is SOC?

System and Organization Controls, commonly referred to as SOC, are typically reports issued by independent auditors documenting a company’s internal controls. SOC reports typically cover areas that are likely to be relevant during an audit of a customer’s security processes, availability, financial statements and one or more of the AICPA trust services principles, including: processing integrity, privacy availability, and confidentiality,

A vendor’s SOC reporting, similar to how HIPAA compliance help protect health information, provide documentation validated by third party auditors that can assure customers, partners and other stakeholders that the vendor’s business has the appropriate controls in place to protect financial, employee and client data.

For this reason, most corporate performance management and financial reporting cloud solution vendors go through SOC compliance reviews so that they can provide their customers audited documentation in this area.

Why is SOC Compliance Important for Your Financial Data?

Companies increasingly rely on third party cloud solution providers to handle their data, whether it is for ERP systems, financial reporting, loan servicing or payroll processing. The business applications typically reside in public- or private cloud data centers.  As a result, there needs to be a high trust between the customer and the solution vendor that the data is carefully managed and protected. Some examples of the benefits of SOC compliance are:

  • It can reduce the potential liability to customers, partners and vendors when they conduct business with each other
  • It is a proactive assurance to address various risks across the organization
  • It can increase efficiencies and at the same time minimize time spent on audits and vendor questionnaires as well as reduce compliance costs
  • It provides a means for transparency that increases trust between internal and external stakeholders
  • With ever increasing concerns about data breaches, it can help meet contractual obligations and reduce concerns while conducting business with each other

How to Ensure that Your Vendor is SOC Compliant

In particular mid-sized and larger organizations want to engage with vendors that provide the benefits that come with SOC compliance. In general, it is easy to confirm such compliance by simply asking the vendor for a copy of their SOC report and ensure that it audited by an approved compliance company. Because of the potential dramatic down-sides and liability risks to both a customer and a vendor if there is e.g. a data breach or other large scale issues, it is important to get the SOC documentation and not just “take a sales person’s word” for it. As an example of alleged misrepresentation of SOC compliance read this Betakit article about Vena Solutions.

How to Quickly Replace Non-Compliant Solutions

Should you be in a situation where you need to quickly replace a non-SOC or non-HIPAA compliant financial reporting-, budgeting- or corporate performance management (CPM) solution, there are vendors with rapid deployment technologies and pre-built reports that can get you up and running with your core requirements in a matter of days.

For example, Solver, a global provider of financial reporting, budgeting and CPM solutions that are SOC and HIPAA compliant, offers its QuickStart deployment which rapidly connects the Solver cloud application to your ERP financial data and provides a marketplace with ready-to-use financial reports, dashboards and budget input templates.

In a world where mutual trust between customers and vendors are more important than ever, it is important to take SOC compliance seriously. And, not the least, it helps provide peace of mind so you can maximize your attention to the growth and success of your business.

Example of a Balance Sheet Lead Schedule Report to Streamline the Month End Close Process

How can Reconciliation Reports Drive Faster and Better Decisions?

As Controllers increasingly become key innovators in the Month End Close Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Reconciliation Reports like the Balance Sheet Lead Schedule Report template shown below enables them and users from the accounting teams to experience near real time balance sheet reconciliation that help deliver accurate numbers that drive faster and better decisions.

Who uses Balance Sheet Lead Schedule Reports and What are Some Key Analytical Features?

In today’s fast-paced business environment, Controllers are under high pressure to supply end users like accountants and reporting managers with timely and concise Reconciliation Report. Companies use key features like the ones below to support their users with effective analysis that helps drive improved accuracy of financial statements and KPIs:

  • First page: Full balance sheet with current year, last year and variances
  • Following pages: Account level detail by GL account category. Totals check against the balance sheet on page 1
  • Parameters provides easy execution by year, period and company

The Balance Sheet Lead Schedule Report template can be used as a key element of the Month End Close process:

Example of a Balance Sheet Lead Schedule Report to Streamline the Month End Close Process

Example of a Balance Sheet Lead Schedule Report to Streamline the Month End Close Process

The Balance Sheet Lead Schedule Report is a ready-to-use Reconciliation Report from the Solver Marketplace.

A Brief Description of the Balance Sheet Lead Schedule Report Template

Reconciliation Reports like the one seen in the image above are interactive and parameter driven and typically contain multiple pages with a professional Balance Sheet on tab 1 with each account category automatically generated on the other tabs. One of the important features that aid the user in the analysis process is the ability to easily navigate the detailed balance sheet lead schedule layout to simply control and data correctness. Balance Sheet Lead Schedule Reports are often used in conjunction with trended balance sheets, profit & loss reports, trial balances, and inter-company reports.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Solver to provide free access to $100,000+ of reports, dashboards, and budget forms

 

Solver QuickStart Cuts CPM Solution Deployment Time to One DayCALABASAS, Calif. — August 3, 2022 — Solver, an award-winning global leader in cloud-based Corporate Performance Management (CPM) software for mid-market ERPs, today announced the official launch of Solver QuickStart. Solver QuickStart features a unique implementation methodology that delivers the industry’s quickest time to value for financial reporting, planning, and dashboards integrated with Microsoft Dynamics 365 Business Central, Microsoft Dynamics 365 Finance, Sage Intacct, and Acumatica.

Traditionally, CPM solution users have had to wait through months of configuration time before gaining insight from their new software, but Solver QuickStart gets customers up and running on the same day they start their implementation. This is due to its patent-pending, automated implementation wizard, which is so intuitive that deployment can be done by a financial professional. In addition, QuickStart implementations include instant access to the Solver Marketplace with 100+ pre-built, ready-to-use reports, dashboards, and budget forms that are free to download and use immediately.

“Everything you get access to with Solver QuickStart and the ready-to-use reports and planning templates from the Marketplace on the first day – at no extra charge – could cost over $100,000 with another CPM solution,” said Nils Rasmussen, CEO at Solver.

“Using Solver QuickStart, the finance and accounting team can start analyzing their financial data the first day the software is installed, knowing that the data they are slicing and dicing is fully accurate because it results from a seamless integration with their ERP,” continued Rasmussen.

By dramatically reducing the initial implementation phase of traditional CPM solutions, Solver QuickStart delivers an immediate ROI while also building continuous value through its infinitely customizable report-design capabilities. Featuring Excel- and Power BI-based design options, Solver comes equipped with drag-and-drop tools that make it easy to design, customize, and tailor reports, dashboards, and forms on your own or with the help of a Solver expert.

“The 2020s have shown that business leaders do not have time to wait for insight anymore,” said Rasmussen. “Solver QuickStart is a game changer because it meets the needs of modern business leaders by driving faster, more confident decision-making and greater agility on day one.”

About Solver
Founded in 1996, Solver has won countless awards for its Corporate Performance Management solution that delivers FP&A solutions to meet midsize business needs. The CPM solution provider has been repeatedly named a CPM Leader by G2, was Microsoft’s BI Partner of the Year, and is recognized on the Gartner Group CPM Magic Quadrant. Solver integrates with leading ERPs and is sold through 20+ global offices and a worldwide network of partners. Please visit www.solverglobal.com or contact info@solverglobal.com to learn more.

Example of an Accounts Receivable Spending Trend By Customer Report to Streamline the AR Analysis Process

How can AR Reports Drive Faster and Better Decisions?

As AR Managers increasingly become key advisors in accounting process improvement initiatives, they must rely on strong operational and financial reporting tools. Using interactive AR Reports like the Accounts Receivable Spending Trend By Customer template shown below enables them and other users from the accounting and FP&A teams to experience near real time receivables trend analysis by month and by customer that help drive faster and better decisions.

Who uses Accounts Receivable Trend Reports and What are Some Key Analytical Features?

In today’s fast-paced business environment, AR Managers are under high pressure to supply end users like AR staff and controllers with timely and concise reports. Companies use key features like the ones below to support their users with effective analysis that helps drive improved purchase planning, rate negotiations, and cash flow forecasting:

  • Receivables balances by customer
  • 13 month rolling AR trend detail with totals
  • Parameters with easy filtering by customer, business unit and period

The Accounts Receivable Spending Trend By Customer template can be used as a key element of the  process:

Example of an Accounts Receivable Spending Trend By Customer Report to Streamline the AR Analysis Process

Example of an Accounts Receivable Spending Trend By Customer Report to Streamline the AR Analysis Process

The Accounts Receivable Spending Trend By Customer template is a ready-to-use AR Report from the Solver Marketplace.

A Brief Description of the Accounts Receivable Spending Trend By Customer Template

AR Reports like the one seen in the image above are interactive and parameter driven and typically contain sections with transactional detail with totals by month and customer. One of the important features that aid the user in the analysis process is the ability to drive improved purchase planning, rate negotiations, and cash flow forecasting. Accounts Receivable Spending Trend By Customer reports are often used in conjunction with AR dashboards, cash flow reports, trended balance sheets, budget and forecast input forms.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Example of an Executive Dashboard with Financial KPIs to Streamline the Monthly Analysis Process

How can Dashboards and Scorecards Drive Faster and Better Decisions?

As CFOs increasingly become key advisors in the Monthly Analysis Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Dashboards and Scorecards like the Executive Dashboard with Financial KPIs template shown below enables them and users from the senior leadership team to experience near real time profit & loss (P&L) and balance sheet metrics that help drive faster and better decisions.

Who uses Executive Dashboards with Financial KPIs and What are Some Key Analytical Features?

In today’s fast-paced business environment, CFOs are under high pressure to supply end users like executives and board members with timely and concise Dashboards and Scorecards. Companies use key features like the ones below to support their users with effective analysis that helps drive better and faster decisions:

  • One page overview that brings together the top financial metrics in an easy to view layout
  • Combined trend charts and year-to-date variance metrics
  • Green and red backgrounds with performance indicators that dynamically changes based on variances from budget or last year actuals

The Executive Dashboard with Financial KPIs template can be used as a key element of the Monthly Analysis process:

Example of an Executive Dashboard with Financial KPIs to Streamline the Monthly Analysis Process

Example of an Executive Dashboard with Financial KPIs to Streamline the Monthly Analysis Process

The Executive Dashboard with Financial KPIs is a ready-to-use Dashboards and Scorecards from the Solver Marketplace.

A Brief Description of the Executive Dashboard with Financial KPIs Template

Dashboards and Scorecards like the one seen in the image above are interactive and parameter driven and typically contain sections with pre-defined KPIs with charts. One of the important features that aid the user in the analysis process is the ability to review eye catching and easy to read KPI trends and variances. Executive Dashboards with Financial KPIs are often used in conjunction with profit & loss reports, balance sheets, and supporting operational reports.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Example of a Profit & Loss Analysis Report with Interactive Analysis to Streamline the Monthly Reporting Process

How can Profitability Analysis Drive Faster and Better Decisions?

As CFOs increasingly become key advisors in the Monthly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive tools like the Profit & Loss with Interactive Analysis Report shown below enables them and users from the FP&A teams and managers to experience graphical revenue and expense reviews that help drive faster and better decisions.

Who uses Profit & Loss Reports with Interactive Analysis and What are Some Key Analytical Features?

In today’s fast-paced business environment, CFOs are under high pressure to supply end users like executives and financial analysts with timely and concise Profitability Analysis. Companies use key features like the ones below to support their users with effective tools that helps drive in-depth graphical analysis of any P&L item they are interested in:

  • The user can choose any P&L row (accounts and totals) from the drop down box on the top of the report and instantly visualize that data in the charts
  • Easy view of monthly, year-to-date (YTD) and full year estimates
  • Current period and trend analysis of the chosen financial data

The Profit & Loss with Interactive Analysis template can be used as a key element of the Monthly Reporting process:

Example of a Profit & Loss Analysis Report with Interactive Analysis to Streamline the Monthly Reporting Process

Example of a Profit & Loss Report with Interactive Analysis to Streamline the Monthly Reporting Process

(screenshot picture name for Google) ->  The Profit & Loss Analysis Report with Interactive Analysis is a ready-to-use template from the Solver Marketplace.

A Brief Description of the Profit & Loss with Interactive Analysis Template

Profitability Analysis Reports like the one seen in the image above are interactive and parameter driven and typically contain sections with a dashboard on the top and a formatted P&L report below it. One of the important features that aid the user in the analysis process is the ability to replace cluttered dashboards with dozens of charts with this simple report where the user only sees charts for the chosen row. Profit & Loss Analysis Reports with interactive charts are often used in conjunction with balance sheets, KPI dashboards, budget and forecast input forms.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Example of a Gross Margin Analysis Report with Benchmarking Across Subsidiaries to Streamline the Monthly Reporting Process Benchmarking Across Subsidiaries is a ready-to-use Profitability Analysis Template from the Solver Marketplace

How can Profitability Analysis Drive Faster and Better Decisions?

As CFOs increasingly become key advisors in the Monthly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Profitability Reports like the Gross Margin (GM) Analysis with Benchmarking Across Subsidiaries template shown below enables them and users from the FP&A teams and executives to experience near real time understanding of revenues, costs of sales and gross profit that help drive faster and better decisions.

Who uses Gross Margin with Cross-Subsidiary Benchmarking Reports and What are Some Key Analytical Features?

In today’s fast-paced business environment, CFOs are under high pressure to supply end users like executives and financial analysts with timely and concise Profitability Analysis. Companies use key features like the ones below to support their users with effective analysis that helps drive better focus on under- and over-performing locations:

  • Chart with comparison of each subsidiary’s GM to the average of all selected locations
  • Report section with gross margin per location and drill down to the underlying drivers (revenue and cost of sales)
  • Variance analysis with traffic lights to highlight monthly and year-to-date (YTD) variance of actuals versus budget and last year

The Gross Margin Analysis with Benchmarking Across Subsidiaries template can be used as a key element of the Monthly Reporting process:

Example of a Gross Margin Analysis Report with Benchmarking Across Subsidiaries to Streamline the Monthly Reporting Process

Example of a Gross Margin Analysis Report with Benchmarking Across Subsidiaries to Streamline the Monthly Reporting Process

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(screenshot picture name for Google) ->  The Gross Margin Analysis Report with Benchmarking Across Subsidiaries is a ready-to-use Profitability Analysis Template from the Solver Marketplace.

A Brief Description of the Gross Margin Analysis with Benchmarking Across Subsidiaries Template

Profitability Analysis like the one seen in the image above are interactive and parameter driven and typically contain sections with metrics and charts that compare each location’s gross margin to the benchmark average. One of the important features that aid the user in the analysis process is the ability to visually see a side-by-side comparison of GM per location and versus the average. Gross Margin Analysis with Benchmarking Across Subsidiaries reports are often used in conjunction with profit & loss reports, variance and trend reports, gross margin dashboards, KPI dashboards, gross margin dashboards, budget and forecast input forms.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Example of a Gross Margin Analysis Report with Monthly Variances and Trends to Streamline the Monthly Reporting Process

How can Profitability Analysis Drive Faster and Better Decisions?

As CFOs increasingly become key advisors in the Monthly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Profitability Analysis tools like the Gross Margin Analysis Report shown below enables them and users from the FP&A teams and executives to experience near real time insight to profitability with drill down to the underlying revenue and costs of sales metrics that help drive faster and better decisions.

Who uses Gross Margin Analysis Reports with Monthly Variances and Trends and What are Some Key Analytical Features?

In today’s fast-paced business environment, CFOs are under high pressure to supply end users like executives and financial analysts with timely and concise Profitability Analysis. Companies use key features like the ones below to support their users with effective updates that helps drive better expense control and improved profitability:

  • Monthly, year-to-date and full year gross margin figures with traffic lights to highlight variances
  • Charts to easily compare current year to budget and last year financials
  • Report to analyze variances by drilling down to GL accounts and transaction detail

The Gross Margin Analysis with Monthly Variances and Trends template can be used as a key element of the Monthly Reporting process:

Example of a Gross Margin Analysis Report with Monthly Variances and Trends to Streamline the Monthly Reporting Process

Example of a Gross Margin Analysis Report with Monthly Variances and Trends to Streamline the Monthly Reporting Process

The Gross Margin Analysis with Monthly Variances and Trends Report is a ready-to-use Profitability Analysis template from the Solver Marketplace.

A Brief Description of the Gross Margin Analysis with Monthly Variances and Trends Template

Profitability Analysis templates like the one seen in the image above are interactive and parameter driven and typically contain sections with graphical charts and indicators as well as formatted report views. One of the important features that aid the user in the analysis process is the ability to get a powerful combination of summary Gross Margin metrics, traffic lights to highlight variances and charts to display trends. Gross Margin Analysis Reports are often used in conjunction with profit & loss reports, variance and trend reports, gross margin dashboards, KPI dashboards, budget and forecast input forms.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools