All organizations, no matter their size, need to understand what’s going on with their business data in order to get an accurate picture of how the company is performing. The reporting features you get from Microsoft Dynamics aren’t just for large enterprises – they are tools that allow employees of any size business to connect with each other and to the information they need to be the most effective at their jobs.
When you have good reporting tools, each user is empowered with the ability to gain a clearer picture of data that is relevant to their respective role, presented through insightful, easy-to-use dashboards and reports. Business intelligence turns information into action through data gathering, analysis and monitoring, plus forecasting that can help identify opportunities, minimize risk, and improve management and operations. You can view in real time what’s going on in the organization via Microsoft Dynamics, whereas you can recognize available trends, financial data and more:
Power BI enables business users to interact with their data in their own “natural language.” The natural language query capability allows users to ask questions of their corporate data and get instant visual results. The program’s Q&A feature interprets the semantics of the question the user is asking and serves up the correct interactive chart or graph.
Since the process becomes as easy as going to a colleague to ask a question, it dramatically increases how business users can get more value from their existing business intelligence (BI) solutions.
How can your firm achieve this advantage? It’s as simple as leveraging some tools, such as Office 365 and its Excel component, that are already at your employees’ disposal! The accessibility of these powerful resources allows us to lower the barrier to entry for businesses that want to leverage their data more effectively.
- You can determine how Microsoft Power BI can view other Data Sources and meet short-term sales trends;
- Reporting tools like Jet Global allows 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 Dynamics 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, as most reporting apps allow you to view reports and drill down abilities into your Dynamics GP data. Some mobile apps are already available (such as 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.
Even small businesses need flexible enterprise-wide planning, budgeting, and reporting that works smoothly with its financial systems, fits specific business or industry needs, and is easy for employees to use and share.
Accountnet Inc. is a Metro New York, based Microsoft Dynamics GP, Dynamics SL and Dynamics 365 Business Central VAR. Value Added Resellers for Microsoft, include software as a service (SaaS) and private or public hosting for Dynamics GP, SL. The firm focuses on Microsoft Dynamics software for reporting, consolidations, workflow and procurement with special industries of interest. Accountnet holds the following memberships: the Hedge Fund Association, American Bar Association, IAMCP, Family Office Association and The Downtown Association. President, Anne-Claire McAllister, serves on the board of a nonprofit in FIDI (Financial District.
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Written by Accountnet, Inc.
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