Posts

In this article, I’ll explore what-if analytics and modeling functionality built into some of today’s budgeting software for planning that accounts for variables with Microsoft Dynamics.

Budgeting is a task that requires actual data, research, goal setting, and teamwork, and depending on your planning process, a lot can happen to change the course of your budget.  Thus, I would argue that besides historical actuals, there are enough variables in the context of financial planning for your company that makes budgeting a challenging task at times.  If you like to see some options and dynamically approach planning by being adaptable and exploratory with different outcomes, what-if analyses and modeling will allow you to do just that.  In this article, we’ll explore what-if planning and modeling functionality that comes with some modern budgeting tools for Microsoft Dynamics customers.
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This article will discuss the details of the Business Intelligence technology event of the summer, #BI360Focus15, hosted August 25th-27th, 2015 by Solver, Inc. in Marina del Rey, California.

Man, times flies, doesn’t it?  Microsoft Convergence, Intacct and Acumatica events were only a short while ago, yet seem like so far back, especially because of the work the conferences set in motion, the new collaborations, and other Business Intelligence (BI) events that have taken place in the meantime.  User conferences for Sage and SAP Business One are also coming up very soon.  Just like that, it is officially summer, and our calendars begin to fill up with meetings, events, family vacations, planning sessions for the second half of 2015, etc.  As we all start to solidify our itineraries for the summer, this article will discuss the premier BI event of the season, BI360 Focus 2015, Solver’s annual partner and user conference.  As a second time attendee of BI360 Focus, I will share the insights I gained from last year – and the inside scoop on what to expect this year.
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In this article, project budgeting, forecasting, and modelling will be at the center of the discussion, specifically third party planning tools to improve your Microsoft Dynamics SL experience.

I’m sure you can agree that financial planning is such a necessary aspect of performance management in today’s business world.  The quality of your budgeting and forecasting tasks can sometimes be the difference between life and death for businesses, especially when you think about the 2008 recession.  Organization-wide planning responsibilities are typically regular and almost always entail a number of pieces bringing together actual transactional numbers and projected figures for the planning period.  However, sometimes a company or a project manager has to budget and/or forecast for a project or specific task.  If you are a consultant tracking and billing your hours to a client, a project manager managing multiple projects, or a freelance professional putting together a bid for a gig, project budgeting is undoubtedly a term you’re quite familiar with in your position.
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In this article, cash flow budgeting and forecasting will take center stage, with a spotlight on why this particular planning process is helpful to CFOs and companies in today’s business culture.

This blog has covered different aspects of financial planning for different enterprise resource planning (ERP) systems and different industries.  Cash flow budgeting and forecasting are a couple of processes that zoom in on your actual cash money, specifically in terms of payments going out for payroll and debtors and the cash coming in from customers.  In other words, a cash flow budget showcases a company’s monthly capital requirement.  And unlike the more traditional operational and transactional budgeting, cash flow budgets are a little bit more complex because there are more unknown figures to calculate and analyze.  This article will zoom in on the process, so you can understand more about the ins and outs, as well as the benefits for your company.
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This article will discuss the topic of security in the Cloud and web-based technology world, specifically for modern, powerful Business Intelligence software.

It seems like a truly endless list of elements to consider when shopping for the best Business Intelligence (BI) software to help you achieve dynamic analytics.  However, as technology in general moves to the Cloud and/or web-based platforms, with BI tools following suit, one aspect has always stood out as a leading concern for consumer.  This concern has relaxed over time, but security seems like a sensible question mark because we have traditionally worked with platforms that we can manage on-premises.  And while security is still an issue with on-premises solutions, perhaps the tangibility and possession of the solution makes us feel more comfortable – or maybe it’s just the newness of Cloud computing and web-based technology.  This article will approach the topic of security head on, specifically with a focus on Cloud and web-based BI solutions.
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This article will take a look at Management Reporter as a financial report writing tool, in terms of the investment you will make implementing and managing the product, in comparison to other solutions.

As with pretty much all Enterprise Resource Planning (ERP) systems, Microsoft Dynamics has a number of reporting options for their ERP customers from native report writers in Dynamics AX, NAV, GP, and SL to SQL Server Reporting Services (SSRS) to Management Reporter.  This blog article will zoom in on Management Reporter as a Microsoft offering designed to solve financial reporting “problems” – and knowing how to evaluate your specific needs and to know if Management Reporter will help you to achieve your Business Intelligence (BI) goals.
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This article will discuss the intricacies of deploying financial reporting and budgeting solutions in the Cloud for more modern and flexible data management and analysis with Microsoft Dynamics.

Web-based reporting and budgeting, with Software as a Service (SaaS) platforms, are becoming more and more important for Microsoft Dynamics users, but for some, the whole concept might still seem a little bit confusing in regard to deployment, security, and functionality.  I understand this uncertainty.  Even though it seems pretty straightforward and is picking up momentum, we’re used to hosting our technology on premises, so we don’t have the hands-on experience of Cloud computing.  You probably have questions of access, cost, management, and security, which can be overwhelming.  Regardless, as Microsoft Dynamics customers, you have some powerful Business Intelligence (BI) options, and it will only give you a head start to know about the available solutions.  In this article, I will explore Cloud-based financial reporting and budgeting and some of the solutions for Microsoft Dynamics.
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This article will discuss accelerated, streamlined ways to organize your data in modern multi-tab reports with powerful third party financial reporting tools, like BI360.

I recently had the pleasure of sitting down with Senior Consultant at Solver, Stephanie Gamber, after her popular session at the Annual BI360 User Conference, Focus 2014.  Gamber presented on the topic of multi-tab Excel reports, an extremely relevant activity to accountants and CFOs as corporations grow in locations, divisions, or departments.  The traditional way of building multi-tab Excel reports can be nearly unmanageable or inaccessible based on the vast size, depending on the number and/or type of tabs that you might employ to break down your data for different analytics.  This article will zoom in on the limitations of traditional multi-tab reporting and the powerful options you have for more streamlined financial statement generation.
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This article will explore your options for budgeting and forecasting solutions to accelerate your Microsoft Dynamics AX, NAV, SL and GP experience with heightened planning capabilities.

Budgeting and/or forecasting within any company involves multiple players contributing research and actual financials to put together an informed plan for how the company expects to manage their money in the next (or the rest of the) fiscal year.  For Microsoft Dynamics users, there are plenty of solutions to boost your organizational budgeting, whether you go with a process you build yourself, a native functionality within Dynamics, or a third party product.  This article will discuss modern budgeting and forecasting functionalities in the context of your options for Microsoft Dynamics.
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For any enterprise, making the move to a cloud-based ERP platform (take SAP or Microsoft Dynamics ERP as examples) offers a number of benefits.
These include simplified account management, effective team collaboration, and ultimately greater sales. Research by Microsoft found that 61% of businesses said that moving to the cloud allowed deeper collaboration with business partners and 57% said that moving to the cloud early gave them a competitive advantage.
Despite the benefits, however, cloud-based software adoption is not without risks, including the challenge of budgeting with the cloud migration and software adoption will cost.
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