Financial reporting is figuratively the popular kid in the school of Business Intelligence (BI) – and as the big man on campus, it continues to develop its A-list status by evolving for modern business demands. Microsoft Dynamics NAV, as do most Enterprise Resource Planning (ERP) systems, offers a native financial report writer, called Report Designer. Undeniably, some companies can adequately rely on Report Designer for their data management and analysis processes to make sound decisions for the future of their business, but more generally, the functionality is restricted for organizations of any notable size wanting strong analytics. This article will explore and consider some of the many options Dynamics NAV users have for dynamic, ultra-modern, and business user friendly financial reporting tools that put an emphasis on flexibility in access, integration, future planning, and much more.
It might be best to zoom out and look at the big picture. If you are beginning the search for software that is manufactured by a third party, where you will be investing time and money into the process that you don’t believe Report Designer can sufficiently handle, shouldn’t ease of use be an obvious priority? Maybe you would think this goes without saying, especially as much as we rely on technology today, but every Independent Software Vendor (ISV) is going to market their software as easy to use these days. And this is because the business world has generally made it clear that they would like to be able to manage more processes without relying on the IT team. Business user friendliness entails some familiarity and flexibility, but there are plenty of products that simply cannot provide that because of their proprietary interface. More specifically, some ISV reporting tools are
There has been more than one conversation online or in person where I have discussed the question of why a company should go
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