Archives for August 2015

Cloud-Based Reporting and Mobile Reporting Apps

In our last blog post, we discussed options for reporting out of ERP systems focusing mostly on desktop solutions.  But as business becomes increasingly global, operational teams are less centralized and more distributed around the world. For companies with employees contributing remotely to data management and analysis processes, web-based reporting a powerful option.

Reporting Apps | AccountnetReporting tools like Solver’s BI360 allow users to craft financial reports in Excel — either running the reports in desktop Excel, on the web or even via mobile app.  While mobile and web options give you easier access to your data, it doesn’t necessarily mean that all web-based ERP reporting products are easy-to-use.  Ease of use should be one of your principal considerations when selecting cloud based reporting tools.  If your business end-users can’t easily learn to use and leverage the power of the software, it’s not a viable long-term solution.

As the use of mobile devices continues to overtake that of traditional desktops, it’s not surprising that companies are demanding access to business data on tablets and smartphones.  The ability to design and build reports via mobile isn’t there yet, but most reporting apps allow you to view reports and drill down abilities into your Dynamics GP data.  There are a couple of these third-party mobile apps already available (such as SalesPad Mobile GP and the free Microsoft Business Analyzer for Android devices) that come   pre-configured to provide business insights and a user experience that can be personalized to fit your company’s needs.

Before making an investment in financial reporting tools for your Microsoft Dynamics GP system, make sure to do a thorough evaluation of your company’s specific BI needs and goals.  Accountnet can help answer questions about BI360’s Excel, web and mobile apps for real-time or data warehouse integrated analysis. Contact us today for a free phone consultation.

Another Look at Reporting Tools for Microsoft Dynamics GP

The evolution of business IT systems means more and more information is available to business owners and managers, and information continues to be essential for driving business decision-making. But with all this data companies now require a modern, easy-to-use, financial reporting solution so that their organizations can make informed decisions and remain competitive.

We’ve previously discussed the benefits of Business Intelligence and Analytics for Microsoft Dynamics, looking at features and functions. We’ve also looked more closely at third-party reporting tools for Microsoft Dynamics GP – these provide more robust functionality for tackling specific issues in managing and analyzing Dynamics GP data.

Microsoft Drynams GPMost reporting tools generate custom financial statements, pulling from historical data sources with the option for live queries from Dynamics GP or from an online analytical processing (OLAP) cube or a data warehouse.  Dynamics GP includes a native Report Writer as well as SQL Reporting Services and Management Reporter, but as with other ERP systems these reporting tools were not made with BI analytics in mind.

That’s where these third-patry solutions fill the gap.  Manufacturers of BI reporting software have learned how to leverage the expertise of financial teams to craft custom report templates that provide executives with the information they need most often: reports to help understand the status of the organization and to use the information to make better decisions about the future direction for the company.  As with any software purchase, you will want to consider all the options and weigh them against your requirements for integration, access and user-friendliness and any other relevant factors.

One such factor might be whether or not your organization needs live integration to Dynamics GP, which Microsoft’s Management Reporter and Solver’s BI360 can both accommodate (many reporting tools require a separate BI data store).

Another factor is whether to consider an Excel-powered reporting solution.  Most finance departments are regular users of Microsoft Excel.  Because Excel is the de facto software used in the finance world, it can be valuable to stay with an Excel-based reporting solution, like BI360, which extends capabilities to focus on secure collaboration and accounting logic.

Interested in learning more?  Contact us at Accountnet for a free phone consultation.