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If your company is using Microsoft Dynamics AX, you’ll be aware of the company’s shift to Microsoft Dynamics 365 Finance and Supply Chain Management (D365 F&SCM). OLAP reporting has traditionally relied on a datawarehouse. Unfortunately, Microsoft is not providing that kind of datawarehouse solution out of the box.
Most customers running Microsoft Dynamics AX are acutely aware that at some point in the future, they will need to make the leap to Microsoft Dynamics 365 Finance & Supply Chain Management (D365 F&SCM). With Jet Analytics, the customer has streamlined that process and vastly simplified intercompany reports.
Consultants and developers familiar with the AX data model could query the database using any number of different tools, including a myriad of different report writers. Data Entities. That’s appropriate and adequate for traditional reporting tasks. The DataWarehouse Approach. Data Lakes.
The data products used inside the company include insights from user journeys, operationalreports, and marketing campaign results, among others. The data platform serves on average 60 thousand queries per day. The data volume is in double-digit TBs with steady growth as business and data sources evolve.
On-Prem Key Challenges For finance and operations teams that work at organizations choosing to stay on-prem, there are a couple of key challenges: Complex customization: Customizing Oracle EBS for financial and operationalreporting can be a complex and time-consuming process.
Microsoft D365 F&SCM, for example, consists of two primary components–Microsoft D365 Finance and Microsoft D365 Supply Chain Management. In an earlier blog post, we discussed an innovative way to automate the extraction, transformation, and loading of data from your existing ERP system into a test or development environment.
In the case of Microsoft Dynamics AX, that will mean a move to Microsoft Dynamics 365 Finance & Supply Chain Management (D365 F&SCM) , which is an evolution of the AX code line. Reporting and analytics solutions from insightsoftware eliminate complexity, reduce cost, and decrease the risk of lengthy implementations.
Angles for Oracle simplifies the process of accessing data from Oracle ERPs for reporting and analytical insights; offering seamless integration with cloud datawarehouse targets. Angles for Oracle has been an integral part of our operationalreporting processes for 20 years. RALEIGH, N.C.—July
Angles for Oracle simplifies the process of accessing data from Oracle ERPs for reporting and analytical insights; offering seamless integration with cloud datawarehouse targets. Angles for Oracle has been an integral part of our operationalreporting processes for 20 years. RALEIGH, N.C.—July
If that’s the case, then Atlas for Microsoft Dynamics just might be the Swiss army knife of Microsoft Dynamics data: Atlas solves data integration, operationalreporting, and data upload challenges all in one easy-to-use package. Not only that, it does so simply.
If your company is currently using Microsoft Dynamics AX , you may be considering a migration to Microsoft Dynamics 365 Finance and Operations (D365 F&SCM) at some point in the near future. Reporting: A Few Technical Basics. Jet Analytics works with D365F&SCM out of the box, using proven datawarehouse methodologies.
According to a recent survey by the Hackett Group, 90 percent of finance respondents rated improving enterprise data and analytics capabilities as highly important or even critical. But how can finance departments provide this kind of information at speed? 1 – What are all your reporting needs? .
For more than 10 years, the publisher has used IBM Cognos Analytics to wrangle its internal and external operationalreporting needs. This encompasses their finance, sales, supply chain, inventory management and production areas.
The same can be said for finance teams as they work on operationalreporting. The most skilled finance professionals still need the right tools to get the job done well. Only 23 percent are able to produce all the operationalreports required. A Quick Overview of the State of OperationalReporting.
Though the software offers several advantages over previous versions, finance teams using Microsoft D365BC may experience some challenges in the areas of operational and financial reporting. One general Microsoft D365BC reporting challenge comes from the ERP’s complex data table structure.
As leaders reevaluate the agility and resilience of their organizations, they need accurate, timely operationalreports that provide real insight into the inner workings of their businesses. The task of creating those reports falls onto the shoulders of finance teams that are sometimes already struggling to manage a heavy workload.
From recessions to booms and everything between, the finance landscape has changed immensely since the turn of the century. However, due to factors like insufficient use cases, lack of necessary technical skills, low-quality data, and a general reluctance to embrace new technology, the finance industry has been slow to adopt AI.
Eighty-nine percent of financial professionals across multiple geographies and industries are dissatisfied with their operationalreporting tools. What Is OperationalReporting? We queried 500 finance decision-makers across multiple regions and industries to understand the operationalreporting landscape.
Financial reporting, operationalreporting, financial planning and analysis—there’s no shortage of work for finance teams to do as organizations continue to adjust to the new economic realities that the pandemic thrust upon the world stage in 2020. They are allocating budget to the task, however.
Finance teams are increasingly being asked for timely, recurring operationalreports to support day-to-day decision making. The most common challenges your finance team probably faces are: lengthy report creation time, existing tool complexity, and the inability to drill into transactional data.
This requires access to real-time, accurate, functional views of transactional data enabling rapid decision making. The numbers show that finance professionals want more from their operationalreporting tools. Only 23 percent are able to produce all the operationalreports required. Download Now.
As Business Intelligence (BI) tools, data warehousing solutions, and enterprise data and application landscapes have advanced, it’s worth taking the time to rethink that old model, starting with the dichotomy between operationalreporting (OR) and strategic analytics. Bridging Your Data Gaps. Download Now.
Operationalreporting is an effective, results-driven means of tracking, measuring, and analyzing your business’s regular deliverables and metrics. These dynamic reports offer invaluable insights into various logistical aspects relating to your organization’s activities across the board. Blind Spots and Data Silos.
Enter operationalreporting, the change agent in our story. In the past year alone, a staggering 66% of IT decision-makers have witnessed a surge in requests for operationalreports. Recent findings highlight the increasing importance of operationalreporting and the significant impact it has on organizations.
Although Oracle E-Business Suite (EBS) provides a centralized hub for financial data, the manual process of exporting data into spreadsheets is both time-consuming and prone to errors, forcing finance teams to spend considerable time verifying numbers. How do you ensure greater efficiency and accuracy for your financial reports?
There’s no doubt that Finance is one of the most critical and challenging sectors to work in. 2023 has been a unique year for Finance–although organizations celebrated recovery from the COVID-19 pandemic last year, their celebrations were short-lived. Counter-intuitively, reduced budgets often mean more work for finance teams.
By focusing on system and data alignment and equipping Oracle-powered finance teams with autonomous, efficient tools, organizations can smooth the transition and keep disruptions to a minimum. Here are five strategies to help you stay proactive and prepared throughout the migration process: 1.
Recent global crises have permanently changed the face of finance. Still adapting to a rapidly changing market, organizations are striving to embed data processes that can help guide them through these uncertain times. In the wake of these changes, the finance function has transitioned to a more forward-looking approach as well.
But even with the advantages it offers, finance teams still grapple with growing skills gaps that prevent them from successfully completing essential tasks. Several specific skill areas are in high demand within finance teams that use Oracle ERPs like JD Edwards.A
Finance professionals often stick to proven methods, understanding that disrupting established systems can jeopardize time-sensitive financial processes. How do you embrace finance transformation without downtime or a steep learning curve? Here, we discuss three ways to smoothly transform your finance strategy.
Next year, finance teams utilizing SAP will face unparalleled pressure due to a confluence of economic challenges. These adversities heighten the necessity for finance professionals to adeptly translate raw data into strategic guidance. The same report found that recently a new set of obstacles has emerged for finance teams.
If the operating theme for finance teams in 2024 was “automate workflows and optimize costs to drive value,” then the operating theme for 2025 is shaping up to be, “stay the course.” While this may seem like a bleak outlook at first glance, the truth is that finance leaders are still cautiously optimistic for the coming year.
2024 is set to be a fascinating year in the finance space with advancements that help organizations continue to do more with stretched resources and continued staffing shortages. And it can’t come a moment too soon–nearly three-quarters of finance decision-makers (70%) feel pressure from market factors like inflation and economic disruption.
Oracle-driven finance teams today face increasingly complex challenges. In recent years, the finance function has had to adapt to become more flexible as they navigate market upheaval, global inflation, and rapid changes to technology. As a result, it’s no wonder that finance teams are grappling with skills shortages.
The strain is especially palpable for finance professionals in the construction industry. Coping with Skills Shortages In 2023, the outlook for skills shortages for finance professionals is bleak. When it comes to hiring skilled finance teams, leaders are struggling to find new talent to replace recent retirees.
With so many versions of EBS within Cummins, joining the various tables was difficult and prohibited end-users from accessing information required for reporting purposes. Enhance Your OperationalReporting Needs with Angles for Oracle. OperationalReporting Confidence With Angles and Wands for Oracle. Download Now.
As the strategic role of finance teams continues to evolve, the Office of the CFO faces many new responsibilities. Resource allocation, however, does not always grow in tandem with those responsibilities, leading to scalability challenges for finance teams tasked with doing more with fewer resources. Here’s what the research revealed.
To find out more about the state of Finance in 2023, insightsoftware partnered with Hanover Research to survey accounting and finance decision-makers on the most pressing trends of the year. Here, we discuss how factors like market uncertainty and IT dependence impact finance teams throughout EMEA.
ESG reporting is rapidly becoming a key focus area for finance teams around the world. It’s a set of standards through which companies can report metrics that indicate how well their activities align with issues of environmental stewardship and social issues. ESG stands for “environmental, social, and governance.”
Wands for Oracle Tips & Tricks: Save Time with Quick and Easy Reconciliation Download Now Better Insights from More Accurate Data During the discussion, we touched on which metrics finance leaders should be focusing on and how they can inform strategic decision making.
The company offered its Power BI analytics product as a foundation for Microsoft D365 BC’s financial and operationalreporting. In fact, customers can even write new reports using those older versions of the web services; they are still accessible. We designed Jet Analytics for operational efficiency.
SAP Central Finance is the KEY S/4HANA Deployment Option Are you still undecided on your path to move to S/4HANA? If so, consider this question: Why not use SAP Central Finance to start your move, and leverage prebuilt integration products from insightsoftware to simplify and accelerate your journey?
To build a flourishing ecosystem that seamlessly connects your tax department to finance and wider company, you need to make sure all aspects of your process are functioning to the best of their ability. Streamlined Reporting Processes. Combining EPM and tax reporting tools streamlines the reporting process, while maintaining autonomy.
Disruption is the name of the game, and for finance leaders to stay competitive in this turbulent new era, they’ll need a clear vision for how to move forward. Cyclical reporting schedules have long been the norm, but as cloud technology makes real-time reporting more feasible, it will become the preferred reporting method.
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