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Integration promises initial deployments of Solver’s cloud planning and reporting for Dynamics 365 in as little as one day to drive quick-time-to-value for Microsoft customers

 

LOS ANGELES, Calif. — January 26, 2021 — Solver, Inc. today announced a strategic cooperation agreement with Microsoft to deliver advanced cloud-based planning and reporting from Microsoft Azure to Dynamics 365 customers world-wide. One of the unique benefits of the agreement is QuickStart, a rapid deployment technology that Solver has designed as an add-on for Microsoft’s Dynamics 365 Finance. This enables Dynamics 365 customers to get up and running with pre-built, fully functioning forecasts, budgets and reports in as little as one day. In a time of economic uncertainties, this quick-time-to-value will also help Microsoft partners deliver Solver’s advanced planning to their customers in record time.

Solver’s solution will enable customers to simplify day-to-day planning and reporting tasks, foster collaboration, increase productivity and enhance security.

Customers will also benefit from the Solver multi-tenant cloud solution’s utilization of Microsoft technologies, which includes: Availability on global Azure data centers; Use of Azure Active Directory for single sign on; Integration to Microsoft Teams for collaboration; Cloud-connected Excel add-in for flexible report and input form design; and out-of-the box Power BI connector for professional dashboards.

Driving better and faster decisions in times of change

As organizations adjust and adapt to changing business environments, the need for connected, real-time planning capabilities is accelerating. Making faster, informed decisions across all areas of the business requires a continuous planning process. Solver offers customers a modern Azure-cloud based platform that now, with the new QuickStart integration to Microsoft Dynamics 365 Finance, will make it much easier and faster to connect strategic goals and KPIs with annual budgets and forecasts, as well as, with historical data from Dynamics 365. Ultimately, the deep two-way integration with Microsoft Dynamics 365 delivers consistent dataflows that provide customers with one version of the truth.

Furthermore, companies are increasingly spreading their data across various cloud business applications, such as ERP, HRM, and sales automation.  Solver and its ability to combine these data sources into Solver’s business data warehouse enables deep planning capabilities.  In addition, it also drives scalable modern analytics and reporting for the Microsoft Dynamics 365 community.

Deep integrations enable quick-time-to-value for Microsoft and Solver customers

Today’s announcement also includes the following additional integrations and support, focusing on easier access, collaboration and security between Microsoft and Solver applications.

  • The Solver QuickStart wizard makes it very easy for customers to deploy the initial integration and data loading between Dynamics 365 and Solver applications.
  • Solver QuickStart templates saves weeks of report and input form design work by delivering out-of-the-box industry standard financial reports and planning forms that can be used immediately without customization.
  • Ability to directly drill-down from Solver planning input forms and reports into related Dynamics 365 screens for immediate visibility and rapid decisions related to underlying historical data.
  • Solver’s automated direct write-back of approved budgets and forecasts to Dynamics 365 speeds up and simplifies accountants’ work at the end of the planning process. It will also enable immediate visibility of Solver budget and forecast data in Dynamics 365 for additional budget control and reporting.
  • Microsoft Teams integration enables users across the organization to access Solver from within Teams to view budgets, forecasts and reports.
  • Microsoft Azure Active Directory integration provides customers access to enterprise data and applications easily and securely through single sign-on. With expanded integrations, joint customers that use Microsoft and Solver applications can confidently secure end-to-end identity lifecycle and entitlement settings for greater privacy and security management. This feature was launched in January, 2020.

Comments on the news

“Continuous planning that is effortlessly connected with backend financial systems is quickly becoming a requirement as organizations adapt their strategies to our rapidly changing world,” said Nils Rasmussen, CEO at Solver.

“With our Solver cloud planning and reporting platform and the new two-way QuickStart integration to Microsoft Dynamics 365 Finance, our goal is to change the game of planning by making it very easy for finance teams to manage annual budgeting and reiterative forecasting processes across an organization’s silos of information,” explains Tad Remington, Chief Commercial Officer at Solver.

Georg Glantschnig, General Manager, Microsoft Dynamics 365 said, “At Microsoft, we’re laser-focused on empowering the Office of Finance and their counterparts across the organization to drive productivity and business performance with innovative and secure cloud-based financial applications.  Solver delivers deep corporate performance management directly integrated into Dynamics 365 Finance.”

Availability

Solver is a Premier Tier Dynamics 365 Finance solution, available today on Microsoft AppSource (Dynamics 365 Finance and Dynamics 365 Business Central). The new Solver QuickStart integrations for Dynamics 365 Finance and Business Central are scheduled for release in the coming months.

About Solver

Solver is a leading provider (Dresner and G2) of cloud applications for the office of finance that help drive faster and better decisions. Founded in 1996, Solver delivers a unified planning, financial reporting & consolidations and analytics platform for Microsoft Dynamics 365 Finance,  Microsoft Dynamics 365 Business Central, as well as, the legacy Dynamics ERP solutions and ERPs from other leading vendors (Solver Suite & Dynamics 365 Finance Tours).

 

For more information

Press:  Marketing – Solver, (310) 691-5300, Marketing@SolverGlobal.com

Become a Solver Partner:  Terry Ginley, VP Partnership Development, TGinley@SolverGlobal.com

Sales:  Sales@SolverGlobal.com

Image taken from Shutterstock


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Image taken from Shutterstock


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Feast on The BenefitsLet’s start at the beginning. A few weeks ago, like many of you, I decided to start planning out my Thanksgiving dinner. Knowing that my younger brother has a sweet tooth, but my dad prefers savory entrees and side dishes, I sent out a Google spreadsheet to find out what everyone wanted to eat. Given that we live in different cities, I asked each family member to fill in his or her favorite dishes into the spreadsheet. The results were a little messy to say the least.
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What happened to the vision of the easy, self-service, one-stop shop business intelligence (BI) capabilities that countless companies across the world have been seeking? After years of investing in new ERP systems, including cloud-based solutions, home-grown data warehouses and even sexy, new dashboard tools, the vast majority of companies are far from BI Nirvana.

The sad truth is that most organizations I talk to have 5 to 7 different reporting tools between their ERP solution, CRM, Payroll, Web site data and other systems. It does not make it better that more than 90% of them do all- or a majority of their budgeting and forecasting processes in manual Excel sheets. Oh, and then the sales team or certain other departments have sometimes implemented an analytics tool to provide them with dashboards and easy ad-hoc analysis. This will often fix short term pain, but it will not take you to BI Nirvana. In some organizations, the IT department has spent a year or more to build a so-called “enterprise data warehouse”, often with only some of their data sources included, such as General Ledger data and Sales data, and most of the time with IT-dependent report writers, OLAP cubes or pivot tables as the only means of reporting on the data.
companiesfarfrombinirvanaSo, what is the status of companies’ BI capabilities as of today? The bad news is that it is far from the BI Nirvana that managers have been dreaming about for years now after watching slick demos from one BI software vendor after another. But, the good news is that things are getting better. You only need to step back and compare your BI capabilities today with what they may have been in 2005, 1995 or, if you were even around in….1985. Chances are that your information workers now have more and better reporting tools available to them. Of course, today you have more data sources than ever, and market dynamics change faster than at any time in history. So, somewhere along the way, business users took matters into their own hands and the result was that…..Excel became the world’s most popular report writer and budgeting solution. But, although Excel is quite user friendly, extremely flexible and familiar to almost every business user on the planet, it was never meant to be an enterprise-wide BI tool. So, how do one get to this utopian place called BI Nirvana? You might need “a little help from my friends” as Joe Cocker sang in his popular rendition of the original Beatles song. In other words, do your homework, talk to your friends both inside and outside your company and educate yourself. Although every organization should stake out their own BI journey based on their needs, available data sources, internal talent, platform strategies (i.e. database type, cloud versus on premise, etc.) and more, a few things seem to fall into a common formula for BI success:
1) Strive for a single BI solution that covers all or most of these: Reporting (financial and operational), budgeting and forecasting, dashboards/analysis and data warehousing. If some key functionality is not covered by the BI suite you select, then make sure it integrates directly with a powerful 3rd party add-on for whatever functionality is missing in the suite. The last thing you need are more reporting tools in your company….so make sure the BI suite eliminates or reduces the need for your other tools.
2) Don’t ignore the power, flexibility and familiarity of Excel. But it should not be a manual Excel model, it should be an Excel add-in that allows you to build reports and input forms that dynamically retrieves and even saves data to a database. Oh, and it should be web-enabled or be able to convert the Excel templates to dynamic, browser-based templates for easy end-user access.
3) Repeat after me: “I promise not to implement more proprietary BI tools with unfamiliar user interfaces and that also may require all my end users to install client software or use Terminal Server or Citrix to access a remote desktop”. Using cloud, hosted or on premise architecture is not the most critical question. What you need to empower your growing number of end users that are seeking BI Nirvana is a single, self-service, web-based BI portal where each user can run reports and drill down to answer their questions without bothering IT or the accounting department, they can enter their budgets and they can discover trends and answer Who? Where? What? questions in interactive dashboards.
4) Finally, and this is a no-brainer….your BI capabilities are only as good as the data available in your BI suite. So, if you don’t have a well-functioning data warehouse yet to give you that sought-after, single version of the truth, start planning for one. You are going to need it if you want to get to BI Nirvana. It is an exciting road ahead for organizations seeking a competitive edge through BI excellence, even if you meet a few bumps along the way. Vendors like Solver with its BI360 solution as well as several other software providers with modern BI suites are continuously investing to help companies’ BI visions come true. Good luck on your journey!

In just a few weeks, from August 22 – 25, 2016, the Hilton La Jolla Torrey Pines in San Diego, CA will become the focal point where hundreds of BI360 Partners and Customers will gather to learn about one of the top full service business intelligence suites and corporate performance management (CPM) products on the market.
Determining which sessions and activities to attend at this year’s conference can be mind-blowing, making your head spin with all of the possibilities. To help you pinpoint key sessions and things to do at the event, check out my guide to this year’s conference.
LAJOLLA
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