Posts

The information you are reading is more than 2 years old and may be outdated. Read new blogs.

In this article, top financial consolidation tools will be in the spotlight, zooming in on features and functionalities that can help Acumatica users manage parent company financials.

There are plenty of Acumatica users who are responsible for management of a parent company’s financial portfolio for multiple subsidiaries.  Combining more than one entity’s financial information, sometimes with diverse currencies, can be tedious without a modern financial consolidation solution.  Because data continues to grow in size and significance for decision-making, more and more executive teams are shopping for the right software that enables business end users to aggregate data into a singular set of financial statements.  In this article, I’ll focus on your solution options for Acumatica customers who are charged with financial consolidations, with a look at the options you have for a dynamic, business user friendly, and powerful solution.
Read more

The information you are reading is more than 2 years old and may be outdated. Read new blogs.

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.
Read more

The information you are reading is more than 2 years old and may be outdated. Read new blogs.

Financial reporting and budgeting demands, and today’s powerful BI solutions that help the hotel and restaurant industry achieve their analytics goals, will be the focus of this article.

In the modern business culture, Business Intelligence (BI) analysis is becoming increasingly important because it translates your company data into informed decisions about the future of your hotels or restaurants.  But whether you’re new to BI analytics or not, today’s software offerings can be confusing and overwhelming in regard to how you can plug the functionality into your industry-specific objectives.  Recently, I spoke with an accountant in the hospitality industry, and we commiserated over the overwhelming task of seeking the right technology to specifically help hotel and restaurant management to better do their job.  Therefore, this article will zoom in on the premier features and functionalities you should be aware of in today’s reporting and planning tools, with a special focus on the ways you can manage and evaluate your information when managing your hotel or restaurant.
Read more

The information you are reading is more than 2 years old and may be outdated. Read new blogs.

In this article, modern financial consolidation solutions for Microsoft Dynamics AX customers will take center stage, with an in-depth look at primary features and functionalities.

There is a population of Microsoft Dynamics AX users out there who are responsible for parent company financials consolidations of multiple subsidiaries.  Bringing together organizational data from a number of legal business units, especially if there are different currencies involved, can be challenging without a powerful financial reporting writing and consolidations tool.  As data grows in size and importance to decision-making for roadmap planning, executives are looking for a business user friendly solution for the routine task of consolidating information into a singular set of financial reports.  If you are responsible for aggregating subsidiary data with Dynamics AX, this article will discuss the options you have that will bring together ease of use, modernity, and power.
Read more

The information you are reading is more than 2 years old and may be outdated. Read new blogs.

Business Intelligence (BI) software manufacturers are rolling out more dynamic, secure, and easy-to-use budgeting and forecasting tools for Acumatica customers.

Budgeting can be a tedious task, usually because of the traditional process of manually linking spreadsheets together for a comprehensive budget.  Fortunately, third party Business Intelligence (BI) software vendors are offering modern upgrades to your budgeting and forecasting tasks with consumer-driven technology.  If your company is healthy and growing, your planning responsibilities are probably too complicated for manual Excel budgets, so you should be looking at third party solutions to simplify and improve your planning processes.  The best modern budgeting tools enable you to securely facilitate collaborative budgeting by distributing ownership to your department heads without annoying logistics.
Read more

The information you are reading is more than 2 years old and may be outdated. Read new blogs.

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.
Read more

The information you are reading is more than 2 years old and may be outdated. Read new blogs.

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.
Read more

The information you are reading is more than 2 years old and may be outdated. Read new blogs.

This article will prepare you with the top questions you should be asking when shopping for a Business Intelligence (BI) solution to improve your Microsoft Dynamics NAV experience.

If you are running Microsoft Dynamics NAV, shopping for third party Business Intelligence (BI) solutions to upgrade your data management and analysis processes can be confusing and sometimes, overwhelming.  You’ll go through your share of sales pitches, webinars, and demos, but this is a process you won’t do often.  I’ve spoken to several professionals, most recently at Microsoft Convergence, who know what has worked and not worked for them, but don’t know what they should be looking for and asking regarding the features and functionalities of modern, powerful BI solutions.  Most people are simply looking for the right fit to best meet their business demands, but where do you start?
Read more

The information you are reading is more than 2 years old and may be outdated. Read new blogs.

This blog entry will lay out the essential features and functionalities you should be seeking in a modern financial report writer to upgrade your Dynamics GP experience.

Because data continues to be important in driving business decision-making, a modern, easy-to-use financial reporting solution is essential, so your organization can make informed decisions to remain competitive.  In this article, I’ll explore the Business Intelligence (BI) options you have for software, specifically looking at feature and function offerings, so you can select the best reporting tool to tackle your particular issues in managing and analyzing your data as a Microsoft Dynamics GP user.
Read more

The information you are reading is more than 2 years old and may be outdated. Read new blogs.

This article will discuss the best modern financial reporting and consolidation solutions, zooming in on essential features and functionalities that can upgrade your Sage 300 parent company financial processes.

There are plenty of Sage 300 customers who are overseeing the financial portfolios of parent companies with multiple subsidiaries.  Consolidating company data from more than one entity, sometimes with distinct currencies, can be a challenge without a powerful financial consolidation solution to sit on top of Sage 300 and any other ERP system that may be used within your enterprise.  Data is only going to grow in size and significance in corporate decision-making processes.  That’s why more executive teams are seeking the best tool to enable their business end users to aggregate information in a unified set of financial statements.  This article will focus on your software options for the Sage 300 customer who would like to achieve modern, powerful, and user friendly financial consolidations.  For fast growing companies, a good reporting and consolidation solution might have the additional advantage of extending the life of your Sage 300 implementation.
Read more