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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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This article will discuss your financial reporting options, so you can have a head start in picking the best report writer that enhances your Dynamics SL experience for you and your team.

A modern, dynamic financial report writer is nearly a necessity for any organization that intends to stay competitive in the marketplace, navigating economic shifts and developing their brand by making data-driven decisions.  This article will discuss financial reporting solutions, with a focus on their features and functionalities, so you can have a head start in finding the right report writer for your Microsoft Dynamics SL experience.
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Third party budgeting options for Dynamics SL are empowering CFOs and budget managers to effectively and dynamically plan for organizational and departmental growth, through secure and simple collaboration.  This article will discuss elements to consider when shopping for the best budgeting tool for your team.

I think it is safe to say that budgeting for a business is a task most would prefer to avoid.  Maybe this has something to do with the tedious nature of the tools available to budget managers.  Excel spreadsheets that are formatted into a budget might be okay for household planning, perhaps for a smaller company’s budget, due to the relatively small set of data, but growing corporations using Microsoft Dynamics SL are taking notice of the benefits of a third party budgeting solution to enhance their accounting and finance objectives.  Some of today’s more modern solutions streamline the process of budgeting by empowering contributors through secure collaboration.  Planning and managing profit and loss, employee budgets, project budgets, and other areas of a business is a necessary task so that corporation leaders can operate within their financial means, ensuring progress.
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Now that Microsoft has retired FRx, report conversions have become a checklist item for replacing the retired financial report writer.  This article will discuss FRx report conversions and the third party reporting tools offering FRx upgrades.

The era of FRx is over – and has officially been over for a little while.  On this blog, I have written about how to replace the Microsoft financial report writer – and the costs associated with that task.  But now, as companies are moving away from FRx, replacing it with Microsoft’s successor, Management Reporter (MR), or even already replacing MR, there is a demand for converting the financial reports created in FRx to the selected new solution.  Logically, some software manufacturers anticipated this and produced a conversion tool, ensuring that the transition in reporting is more automated.  However, as some companies may still be procrastinating with replacing FRx, there is probably a general confusion about options to make this upgrade.  In this article, I’m going to discuss the routes for FRx conversion, so that if you haven’t participated in this important task or have moved on, but still holding on to FRx because you don’t know how to convert your old reports, you will be aware of your options.

Let’s first tackle MR since I know a lot of people went to Microsoft’s replacement, probably by default.  If you are in this boat, you might already know that MR comes with automatic conversions of FRx reports.  MR is the follow up to FRx, and the two products are very similar, with perhaps the main exception being an updated main user menu and some minor feature enhancements (and loss of certain features), so this conversion is not necessarily rocket science.  However, the real frustration with MR is the all too familiar limited features and functionalities.  It is still a proprietary interface, so the familiarity of Excel is not there.  The conversions assist this update, but MR is arguably not much of an upgrade with only providing basic GL reporting, but you can feel pretty confident that your FRx reports will come with you using this financial report writer.
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What sub-ledger, transactional reports are you missing out on using native ERP reporting tools? What is the impact on your company’s future?  This article will discuss the different sub-ledger reports that empower your company’s leaders to make better decisions about the growth and development of the organization.

In the world of business, specifically when it comes to financial reporting, there is an abundance of Business Intelligence (BI) report writing tools that focus on the General Ledger (GL).  But what about all the sub ledger reports that different employees and departments rely on to make better business decisions?  What does the native Enterprise Resource Planning (ERP) report writer offer you?  What are the pros and cons of this built-in offering?  And what are your other options for transactional reporting?  So many questions, and this might just be the tip of the iceberg regarding your search for better financial reporting solutions.
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As document management, reporting and business intelligence comes together, a new era of holistic data and text management begins.  This article will explore the world of content intelligence with a focus on the new product category offerings.

In 2007, Gerry Brown, now a Senior Analyst of Customer Engagement & Marketing Technology for Ovum in London, created the term, “content intelligence,” an aggregation of Business Intelligence (BI) and content or document management for improved insight and decision-making power.   What had been two disparate processes and sets of data became one as a customer driven term.  The concept was simple – professionals would like to be able to not only search for their scanned, virtual documents, but to analyze financial reports and drill down to the text and content that lies outside of already input data in Enterprise Resource Planning (ERP) systems like Microsoft Dynamics and Sage.  The concept was more than just another buzz word; it combined and streamlined two different analyses into a singular, more holistic approach to corporate performance management, and it is really starting to build momentum.
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When it comes to selecting a Business Intelligence (BI) solution to get the most out of your Microsoft Dynamics ERP investment, you have four choices:
1) Use the tools that come natively embedded within different Dynamics ERPs
2) Extend or replace the native ERP BI tools with the Microsoft BI stack of tools
3) Implement a best-of-breed third party solution
4) Some combination of the three options above
These options and much of the discussion below would apply for any ERP system, not just the Dynamics (AX, NAV, GP and SL).  This decision has a critical impact on the success of an ERP/BI deployment, and is often not discussed as thoroughly as it should be during the ERP/BI pre-sales process.
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Cloud BI software comes in different shapes and sizes for Microsoft Dynamics.  This article will discuss the options for deployment and compare the BI solutions on the market today.

While Cloud computing and Software as a Service (SaaS) platforms are growing in terms of popularity in the business sector, for some, it remains foggy at best.  I get this confusion.  It is a fast-moving evolution that makes a lot of sense, but if you are used to hosting your software on premises, as most of us have always done, the shift makes a lot of sense in theory, but not always so much in practice.  Questions of cost, security, access, management can start to pile up, and the frustration of confusion is exacerbated by the fact that some of us are inevitably going in the direction of the cloud, for parts of our IT solutions or the whole kit and caboodle.  However, there are some really impactful Business Intelligence (BI) options for Microsoft Dynamics users, and it never hurts to know your options.  This article will break down the facets of Cloud computing and explore a few Cloud BI options for Microsoft Dynamics.
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A financial consolidations tool is essential for any parent company that manages subsidiaries and wants unified reports to analyze overall company health.  This article will explore the key features and functions of today’s financial consolidation software.

There are plenty of Enterprise Resource Planning (ERP) system users that are managing multiple companies or subsidiaries under a parent company.  Making sense of data from different entities, divisions, and sometimes, with different currencies can be a logistical nightmare without a professional financial consolidation and reporting tool.  As data becomes a bigger and bigger part of corporate decision-making, CEOs and CFOs of corporations that own multiple companies are looking for a Business Intelligence (BI) solution that includes a robust and business user friendly consolidation module.  For professionals in this boat, it can be frustrating, but specifically for the typical ERP users, there are not too many choices that combine power and ease of use.
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