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It will save you an unlimited amount of time trying to use the wrong tools for the job and mitigate the risk of getting inaccurate data into your financial statements, operationalreports, or analytical dashboards. In contrast, your ERP software database is solely built for, you guessed it, putting the data in.
The CFO or finance team needs to be able to slice and dice project financials, which is traditionally done in Microsoft Excel. They also must present those financials to the project managers or teams, which can be done using a BI tool that presents that data in an easy-to-use dashboard. .
A Corporate Performance Management solution, can help save time and provide insights so that you’re getting the maximum value from your CFO: Automated Financial and OperationalReporting and Analysis. Create rich and user-friendly reports that save time on manual processes, like manually inputting data into multiple systems.
Virtually every business on the planet has some kind of reporting mechanism in place–even if it’s just a simple set of off-the-shelf printouts that come from basic accounting software. Reporting is important, but BI has the potential to generate the kind of meaningful insights that lead to competitive advantage.
Limited Visibility: Traditional, pre-built reports may not offer the granular detail you need for a comprehensive financial picture. With limited technical capabilities your team might struggle to slice and dicedata, uncover hidden patterns, or perform deep dives into specific areas.
Analytics is vital now because providing end-users with the ability to analyze, slice, and dicedata within the context of their application is essential to staying competitive in today’s fast-paced digital world.
Reports A tabular display of data, often with numerical figures grouped in categories. Interactivity can include dropdowns and filters for users to slice and dicedata. These sit on top of datawarehouses that are strictly governed by IT departments.
No more hidden formulas or guesswork – just clear, documented data journeys that build trust. Go beyond basic reporting and uncover hidden gems. Slice and dicedata, identify trends, and reveal hidden patterns invisible in standard reports. Spreadsheet Server unlocks powerful analytics capabilities.
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