Acumatica and Microsoft Dynamics New York Reporting Tools: Reviews Business Intelligence
As accounting and business management software consultants who help Acumatica and Microsoft Dynamics New York clients with reporting tools we can help you get the business intelligence you need. One thing we have witnessed over the years is the increasing number of companies who are adopting of more sophisticated business management software or ERP systems. A successful ERP implementation and the adoption of it has enabled companies of all sizes to store more data with greater accuracy than ever before.
Unfortunately, sometimes all this extra data introduces a new set of problems. Not all accounting systems have easy ways to report on all that data. If you are looking into ERP systems, beware that Inferior reporting tools will limit the ERP’s usefulness – regardless of how much you invest. Most companies these days still rely on the same ‘ole of operational reporting they’ve used for decades. Reports that typically provide only a transactional level of detail are still important to running a business. For example, who can live without open purchase orders by customer?
Business reporting has evolved over time to move from not only just reporting on transactions and history but towards newer reporting tools that look at trends over time. This kind of reporting is called Business Intelligence (BI). Business Intelligence allows you to consolidate organized views from multiple data sources to provide a more analytical approach to reporting. Business Intelligence provides you with the information you need to make better decisions about how to run the business, not just reporting on transactions.
One example of a Business Intelligence report might be determining your top ten vendors based on purchase order dollars over the last five months. Meaningful Business Intelligence reports should be available to your managers and workers in real-time. Data should be presented in an easy-to-use format with the original system of record as its source. Your business users should be able to easily access reports without requiring any special IT skills or having to learn how to use complicated reporting software.
If you’re planning on starting an ERP software selection for your business, it’s important to consider your business users’ reporting needs as an integral part of your overall system requirements. Don’t rely solely on a product demo to determine if the ERP software and reporting solution will work. If your reporting falls short, user adoption may be low and your ERP rollout may ultimately fail. After all, it’s the reports that your users need – timely and accurate data delivered to them when and where they need it.
Accountnet can help you determine your business’s unique requirements and find the right ERP and BI reporting solution for you. We are a Gold Certified Partner for Microsoft Dynamics, and can help you determine whether Microsoft Dynamics GP or Microsoft Dynamics SL, paired with powerful BI reporting tools, might benefit your operation or whether a cloud ERP solution, like Acumatica, is a better fit. Contact us to take advantage of a free needs assessment to get started.
Microsoft Dynamics Reporting Tools:
We at Accountnet help train people to enable them to use the software themselves and create reports as needed. We do not provide the shortcuts to enablement, which can be unsuccessful. Our solution gives both technical and nontechnical people the information they need wherever they are, in whatever application they choose to use, and gives them everything they need to share itinstantly. It’s always on and always available, so the right time is any time. Remove the manual work from building your daily, weekly and monthly management reports.
Management Reporter and BizNet are available, and you can review your reports after every journal entry or whenever you need to review them it can be scheduled and broadcast to others. Get more out of financial reporting today. Receive our first-come, first-served Accounting Technical Review (ATR) for a limited time.
Sign up now.
At Accountnet, we have helped hundreds of companies take the step towards the cloud. Our experienced and dedicated team of ERP consultants offer a free phone consultation and a no-obligation review of your software to help you determine the right solution for your company.
