Posts

This article will examine and discuss your financial reporting options for your SAP Business One experience with a focus on the key feature to seek: flexibility.

Flexibility is the buzzword when it comes to approaching the increasingly more consumer-driven and global marketplace.  Flexibility, in the context of data management, refers to your ability to access your company data, which you rely on to make sound decisions about the future of your company, on the go.   Beyond SAP’s own strides, third party Business Intelligence (BI) vendors are competing to offer B1 users ultra-modern, easy-to-use financial reporting functionality, which now more than ever includes the necessity to access information anywhere the job takes them.  Independent Software Vendors (ISVs) have excelled at identifying this consumer demand and have produced with flexibility in mind for SAP B1 customers.
Read more

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.
Read more

If you are looking for a true upgrade to XL Reporter (XLR), this article will compare a few alternative solutions with the goal of highlighting important features and functionalities for your SAP B1 financial reporting experience.

I keep running into SAP Business One (SAP B1) customers as I spend more time in the world of Business Intelligence.  While the population of SAP B1 users is somewhat small in comparison to other popular accounting systems, it is a passionate group that is steadily growing.  And right now, as SAP has retired the trusted Excel-based financial reporting tool, XL Reporter (XLR), this community of customers is at a crossroads.
Read more

There are plenty of functionality and flexibility aspects to consider when selecting a powerful, business user friendly dashboard solution for your SAP Business One experience.  This article will explore your options, so you know what to look for in the best data visualization solution for you and your team.

Dashboards are the number one solution in the Business Intelligence (BI) marketplace: old news?  Not quite. Gartner’s 2013 study on Financial Executive International CFO Technology reported that dashboards, scorecards, and performance management solutions are CFOs’ number one priority.  The fast pace of today’s business world insists that you and your team have easy-to-use, flexible access to data that drives key decision-making.  Data visualizations of company information, like dashboards, are the answer to that need. Read more

When it comes to budgeting using data from SAP Business One, modern third party BI tools can offer the functionality you need to put together rolling forecasts and multi-year budgets, in addition to traditional planning, project budgeting, forecasting, and modeling. This article will explore today’s budgeting solutions options.

Is budgeting one of the most dreaded tasks in the realm of business – or do some of you find it exciting?  In my experience talking to CFOs, accountants, and other finance team professionals about the budgeting process, I haven’t gotten anything but a tightening of the facial muscles, a tensing of the body, exasperated sighs, and anecdotes of the tedious procedure of piecing together an effective plan for how a company is going to spend money for the upcoming year.
Read more

In today’s increasingly global business world, there’s a growing demand for flexibility, secure collaboration, and accessibility when generating financial reports and dashboards.  This article will discuss mobile reporting and dashboards in the context of meeting modern professionals’ BI needs.

I was recently talking to a CFO of an international company who lived and worked from the headquarters in Seattle, Washington about the limitations and related frustrations he was facing in trying to run his company.  In the past few years, he has been traveling a lot, sometimes internationally, because of a reorganization and the growth of his company.  His team is using SAP Business One and Crystal Reports, but he is currently in the market for a new Business Intelligence (BI) solution that will empower him and his finance team to easily collaborate, report, and generate data visualizations whether they are in the office, in one of their international offices, or even somewhere like an airport restaurant.  Sound familiar?
Read more

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.
Read more

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.
Read more

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.
Read more

At Solver, we are very excited to announce the second annual BI360 User Conference, Focus 2014.  This year, Focus will take place in sunny Marina del Rey, California, September 9-11th.  Last year’s inaugural event proved to be the ultimate learning and networking event, and that tradition continues this year.  Attendees will get the opportunity to learn best practices and network with other users to improve their performance and get results.

We’re thrilled about our agenda, as it is even wider reaching than last year.  With four simultaneous tracks, a hands-on lab, and over 25 different topics covered in workshop sessions, our product experts and customer presenters will ensure that attendees will leave with questions and curiosities answered.  It is our goal that users head back to their offices having gained valuable new insights through informative breakout sessions and access to BI360 experts; empowered with a hands-on know-how to optimize the use and value of BI360; and aware of emerging trends in Business Intelligence, new product features, and Solver’s road map for BI360.  On top of all that, we have added to our Focus conference experience – just for our trusted partners.
Read more