Management Reporter is the hot new financial reporting tool that has replaced FRx in Microsoft Dynamics GP. In the past, you had to pay a license fee for each additional Management Reporter Designer or View user. But now when you purchase Microsoft Dynamics GP 2013 you get an unlimited number of Management Reporter users for free.
Cost of Management Reporter for Dynamics GP
In the last version of Microsoft Dynamics GP 2010 (under Business Ready Licensing) you received one Management Reporter Designer user with each Dynamics GP user license purchased. But then if you wanted additional licenses it was $1,000 each for designer users and $125 for viewer users. Plus the annual maintenance fee on those license.
“Management Reporter is a real-time financial reporting application designed to empower information workers to quickly and easily create, generate, secure, and publish financial statements, such as Profit and Loss (P&L) statements, balance sheets, and cash flow reports.
Management Reporter uses an intuitive approach to report design combined with a robust architecture and a user interface that will be familiar to users of other popular Microsoft applications.
With Management Reporter, business users can create their own boardroom-quality reports without IT assistance; take advantage of secure report distribution through the centralized Report Library; and gain strong support for regulatory compliance. Management Reporter includes direct integration with the Microsoft Dynamics ERP general ledger so that there is no need to create a custom connection to the data source.”
Why Do We Like Management Reporter for Dynamics GP?
There are several advantages and improvements in Management Reporter 2012 versus FRx. We will cover these in a second blog post comparing Management Reporter to Frx.
But Stephanie Olbrych, Implementation and Support Specialist at Connecticut based CAL Business Solutions sums it up well, “Everywhere that I have implemented Management Reporter they think it is great. It is very easy to use and design financials. If you can design one financial you are ready to go. There may be some advanced calculations or options you could get additional help on, but basically you can design extensive financial reports very easily once you have learned how to design the first one in Management Reporter.”