Financial Reporting

DeFacto Global Named Top-Rated Corporate Performance Management Vendor For 2021

For the second year in row, deFacto Global has outperformed every other vendor across a full range of criteria. No other vendor has achieved that honor throughout the history of the awards.   For Immediate Release Media Contact:  Bob Bedard deFacto Global, Inc. (203) 948-3450 [email protected] Global.com deFacto Global, Inc. is proud to announce it …

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5 common questions answered about financial consolidation for multi-companies 

Have you got questions about financial consolidation for multi-companies? You’re not alone. This blog tackles five of the key questions companies ask every day. From keeping track of performance to consolidated financial statements, we’ve got you covered.      Question 1: What exactly is a multi-company or multi-entity?  Multi-companies are also known as multi-entities, which include …

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4 common financial consolidation challenges companies face  

Effective financial consolidation is a rigorous process requiring accurate data, expert project management across all entities, and compliance with global accounting standards. These are the four most common challenges companies face.     1.Low quality or inaccurate data   Unreliable data is one of the most common hurdles companies face. Often this is a result of …

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Announcing deFacto Tabular Modeler

Building SQL (SSAS) Tabular Models typically requires the use of tools designed for developers, like Visual Studio. In general, that presents a challenge to users like business analysts, Power BI developers or citizen developers. In addition, making improvements to tabular models like adding hierarchies to any dimension, or adding financial intelligence to models, adds another …

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Month End Close Process with Microsoft Dynamics 365 Finance

At the end of each month, your accounting department is required to run its month-end close process. This takes a lot of time and effort if done manually and provides more room for error however automating this process in Microsoft Dynamics 365 Finance would help prevent costly mistakes. Month End Close Process in Microsoft Dynamics …

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deFacto Power Planning – New Potentials for PowerBI

The world is only using a fraction of the power of Power BI. Turning Power BI into a 2-way, read and write, interface opens-up all kinds of possibilities, especially true for those organizations interested driving higher financial and operational performance. deFacto Power Planning takes the potential of Power BI and Dynamics 365 ERP systems to …

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Looking at Old and New Dynamics GP SmartList Features

As GP users, we all love and rely on SmartLists for quick queries, as well as for more detailed analytics. Did you know that the new Business Central ERP doesn’t have SmartLists, oh they must be so jealous, though we do hear that requests have been suggested for Microsoft to incorporate SmartList views and functions …

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Microsoft Partners with Solver for Cloud Planning and Reporting – What Does It Mean?

Microsoft and Solver announced a strategic cooperation agreement to provide advanced cloud-based planning and reporting solutions for Dynamics 365 customers. The partnership enables deeper integrations between Microsoft Dynamics 365 and Solver applications. The result will be additional benefits for existing Dynamics customers who are already using Solver, as well as scores of benefits for Dynamics …

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Dynamics GP KPI Dashboards and Cloud Analytics (Part 2 of 2)

Last week we posted about KPI Dashboards and Cloud Analytics for Dynamics GP (Great Plains) (Part 1 of 2) LINK  .  Hope you had a great Thanksgiving Weekend, to kick off the week, we would like to share Part 2 of 2, with a focus on implementing KPIs within your organization as a means to …

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Webinar | Integrated Planning – Watch The Recording

Did you miss our webinar on Integrated Planning with Industry Leader Craig Schiff? Not to worry - we've got you covered. Integrated Planning, defined as the ability to manage both financial and operational performance across an organization using a single tool, has been the Holy Grail of the Business Performance Management industry since its inception. …

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