Archives for January 2015

The Rise of Excel-Based Reporting Tools for ERP

Excel and ERPAs more companies adopt enterprise resource planning systems (ERP) to help them run their businesses more efficiently, the number of Excel-based reporting tools made specifically for ERP has grown exponentially.  It makes sense – Excel spreadsheet are widely used by almost everyone that needs to view and manage data, and using Excel allows individuals within an organization to set-up and view their spreadsheet data in a way that makes the most sense for them and their operational function within the company.

The idea behind Excel reporting tools (like BizNet, Solver’s BI360 and F9) is to empower employees – both management and staff – by giving them access to up-to-the-minute information in a form that allows them to view and manipulate the data according to their individual needs.

Excel has been around for decades but with the maturation of cloud computing, which allows for access to secure data storage wherever there is an Internet connection, it’s now possible to leverage the power of your company’s ERP system with analytical reports that can be built and run online, providing increased capabilities for collaboration. In today’s global market, where companies may be conducting business around the world and around the clock, implementing Excel-based reporting tools for your cloud ERP system makes a lot of sense.

But the potential benefits of Excel-based BI reporting tools go beyond being the ability access and report on real-time data.  Accelerated and improved decision making, increased operational efficiencies, identifying new revenue sources – all these and more ensure you are leveraging your ERP system for maximum return on investment.

Accountnet routinely helps clients find the right Business Intelligence reporting tools for their company.  Whether you are already a Microsoft Dynamics GP or Microsoft Dynamics SL customer, or want to explore how these ERP systems can help you run and grow your small to mid-sized business, contact us for a free Needs Assessment now.


Project-Based Business Have Special ERP Needs

microsoft-dynamics-sl-capabilitiesFor project-based businesses, the heart of any ERP system is the underlying accounting component. Design and architectural firms, construction companies, government contractors or business management consulting firms – these types of organizations need to track all the activities of their R&D staff, operational teams, marketing department, etc., for various client project or in-house administrative tasks. Most accounting software isn’t built specifically for project work, and most industry-specific solutions lack adequate accounting tools.

Ideally, an ERP solution allows you to view all the moving parts of your project-based company in context, so that you have a good snapshot of what’s going on at all times and the status of your current projects: budget vs. cost, staffing level – things you need to know to keep the project on track and on budget. Microsoft Dynamics SL bridges the gap with comprehensive project management functionality integrated with distribution, service, and robust accounting capabilities. It combines powerful project and financial management capabilities to help businesses deliver services and manage customer demands while ensuring compliance with current accounting regulations.

Where companies will see especially enhanced value is when adopting Microsoft Dynamics SL as part of their Office 365 business solution. The interoperability between Microsoft Dynamics SL and Office 365 provides enhanced productivity, mobility and business intelligence functionality: document management and collaboration, Excel-based analysis, and many other features available in the cloud with Office 365.

Being able to access reports (SQL Reporting Services reports, Microsoft Excel charts and Management Reporter reports) from one central location gives you’re the flexibility to work with any of your preferred devices from anywhere.  You can connect to more than 100 predefined views of your financial data via an interactive screen that allows you to sort and select information, filtering and saving of custom views or connecting to a custom SQL Server® view. The Quick Query Web App provides access to information on smartphones, tablets or desktops machines, giving you a truly portable view of your business data wherever you find yourself working.

Download Microsoft’s capabilities guide for more information.

And contact Accountnet to learn more about how we help project-based companies get started with Microsoft Dynamics SL.