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This article zooms in on today’s features and functionalities of third party financial reporting and consolidation solutions for Sage X3 users.

If you aren’t utilizing a dynamic, robust financial report writing tool, you’re probably just treading water as opposed to fully taking your analytics into the 21st century of business, managing and analyzing your data in very actionable ways.  In this article, I’ll discuss the features and functionalities of third party software solution options, so you have a head start in finding and deploying the right report writing software for your Sage X3 analytics processes.
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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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In this article, I’ll explore your best options for financial reporting and consolidation software for your Sage X3 data management and analysis processes.

There is a population of Sage X3 users who are responsible for the financial consolidation of parent company data with one or more subsidiaries.  Aggregating financial information from multiple entities, sometimes with diverse monies, can be challenging if you do not have a modern financial consolidation tool to sit atop Sage X3 and any other accounting system that can be used within your company.  Data is only increasing in amount and importance to organizational decision-making.  That is why more execs are looking for the right tool to empower their business end users to consolidate data into a singular set of financial reports.  This article will zoom in on your software choices for modern, dynamic, and easy-to-use financial consolidations with Sage X3.  For rapid growth organizations, a quality reporting and consolidation tool can also have the ability to extend the life of your Sage X3 implementation.
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In this article, we’ll discuss the effect data warehousing can have for the Sage X3 user experience, so that you and your team can figure out what is today’s best solution for your company.

Data is driving business decision-making, which perhaps doesn’t seem like a shocking statement.  However, as data grows in amount and in significance, data warehouses are relatedly an important aspect of business today.  If you’re like me, you are wondering the who, what, when, where, why, and how of data warehousing.  Who manages a data warehouse?  What do they look like?  When is a good time to invest in a data warehouse?  Where do you house one?  Why should we go with a data warehouse over other Business Intelligence (BI) data stores?  How do we set up a data warehouse?  As a Sage X3 customer, you might have one or more of these questions.  This article will aim to answer your questions, so you can understand the product category and can begin to assess your data warehousing needs with Sage X3.

Who?  Let’s start by discussing who implements and automates a data warehouse.  Commercial data warehouse solutions usually come “out of the box” ready, meaning a simple installation process, then replication of your Sage X3 and other source data.  A consultant who specializes in extracting, transferring, and loading (ETL) will deploy your data warehouse, automating the ETL of data from your sources, like Sage X3.  After that, a consultant who focuses on expediting, optimizing, and streamlining reporting, budgeting, and/or dashboard tasks will work with you on querying data from your warehouse.  After setup and training, the business end user can manage a data warehouse, eliminating IT middlemen.
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This article will explore the modern options you have for dynamic dashboard software you can implement to improve your Sage X3 experience with data visualizations for quick, digestible analytics.

You probably won’t find this surprising at all: data visualizations are the top priority of Business Intelligence (BI) software to CFOs, according to Gartner’s 2013 study on Financial Executive International CFO Technology, which stated that dashboards, scorecards, and performance management solutions are most important to financial executives.  It was a predictable result to me. In the modern business landscape, professionals across departments and at all levels require accessible data analytics to inform and enrich their decision-making.  Dashboards deliver exactly that.
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This article will discuss what to expect, what is up and coming, and what will rule in the business world, with a specific focus on the Business Intelligence processes our finance and executive teams will continue to be charged with improving in 2015.

I don’t know if you feel like this, but the new year came and went so quickly, and here we are in the second half of January.  We’re not only back in the swing of things, but business is racing as usual.  Sometimes, it seems as if we can get lost in the hustle of catching up from the holidays, preparing for the next big event, and/or traveling to visit a customer or partner.  But improving processes and staying competitive and connected to the industry, including trends and trajectories for the business world, is still on your to-do list.  This article will zoom in on the top trends for business and specifically performance management, so your company can be in front of developments and evolutions for financial reporting, budgeting, data visualizing, and data warehousing processes.
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Third party budgeting software vendors are competing to make their Sage X3 add-ons more powerful, more secure, and easier to use.  This article will explore what to look for in today’s best budgeting solutions for Sage X3.

I’m just going to cut to the chase: for most people, budgeting is a dreaded task because it can be logistically messy, tedious due to the traditional process of manually linking together spreadsheets, but your outlook will drastically improve with modern budgeting and forecasting tools, by independent software vendors (ISVs).  If you’re a company of a healthy size, you’re likely outgrowing manual Excel budgets, so take note of third party planning tools to accelerate and improve your process.  Today’s best budgeting solutions invite you to facilitate secure collaboration, offering ownership to contributors and less tedium as a budget manager.
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Every once in a while, a company needs to answer a question that is outside the regular BI reporting done for performance management, and this is called ad hoc reporting.  This article will discuss the benefits of this functionality and what to look for in a solution to best meet your company’s needs.

Financial reporting is arguably the most utilized solution in the Business Intelligence (BI) world of analytics – and serves as a foundation for other functions, like data visualizations, budgeting and forecasting, and consolidations.  Generally speaking, financial reporting is analysis done in a comprehensive, routine manner to make sense of company data for better decision-making.  Ad hoc reporting and analysis zooms in for a more particular type of report.

Ad hoc refers to something done for a specific reason, so ad hoc reporting refers to a report that professionals need for a particular query.  Furthermore, ad hoc reports usually drill deeper or answer questions that the regular company-wide reports are not addressing.  Ad hoc reporting enables business users to seek answers to their own questions regarding company data, without interrupting or changing the course of organizational reporting permanently.  Because the data is coming from the same sources, the analysis is consistent and accurate, but much like project budgeting, questions and projects can arise outside of the standard, routine reporting that guides the overall course of the entire company – and different corporate cultures have different needs.
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When deciding if an on-premises or SaaS platform is better for your company’s next business intelligence (BI) solution, there are several aspects to consider.  This article will discuss the pros and cons of both options, so that you can navigate to a decision a little easier.

One element of Business Intelligence (BI) software implementation you cannot avoid these days involves the debate about on-premise technology versus a Software as a Service (SaaS) platform.  The traditional software approach entails purchasing software, housing and managing it on-site.  However, as SaaS or Cloud platforms builds momentum as an attractive, relevant alternative, the conversation heats up for customers and vendors alike.
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