Jet Global

OCTOBER 27, 2022

Finance teams are increasingly being asked for timely, recurring operational reports 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. Download Now.

Operational Reporting 52

Operational Reporting Reporting Finance Dashboards 52

Jet Global

NOVEMBER 7, 2023

When extracting your financial and operational reporting data from a cloud ERP, your enterprise organization needs accurate, cost-efficient, user-friendly insights into that data. It provides consistency in data for reporting purposes, as you are working with snapshots of the data at a particular point in time.

Enterprise 52

Enterprise Data Warehouse Operational Reporting Reporting 52

Jet Global

JULY 24, 2023

Too slow: Building custom reports takes time. Out-of-the-box reporting rarely covers specific organizational needs when it comes to operational reporting. Once you are in the cloud, you can: Format income statements, balance sheets, and other reports exactly how you want them.

Reporting 52

Reporting Operational Reporting Data Warehouse Enterprise 52

Jet Global

NOVEMBER 14, 2022

That might be a sales performance dashboard for your Chief Revenue Officer, a snapshot of “days sales outstanding” (DSO) for the A/R collections team, or an item sales trend analysis for product management. Step 6: Drill Into the Data. Moreover, they’re constantly updated as new information becomes available.

Reporting 52

Reporting Sales Dashboards Metrics 52

Jet Global

JUNE 3, 2024

Interestingly, however, many project-based businesses like yours are not even close to achieving this level of reporting. A recent report by insightsoftware and Hanover Research highlights this issue, stating that 98% of operational reporting professionals distribute reports as a static PDF.

Reporting 52

Reporting Finance Operational Reporting Software 52

Jet Global

SEPTEMBER 7, 2023

The reports created within static spreadsheets are based on a snapshot of reality, taken the moment the data was exported from ERP. Microsoft Excel offers flexibility, but it’s missing so many of the elements required to assemble data quickly and easily for powerful (and accurate) financial narratives.

Finance 52

Finance Reporting Software Dashboards 52

Jet Global

NOVEMBER 3, 2022

The reports created within static spreadsheets are based on a snapshot of reality, taken the moment the data was exported from ERP. Microsoft Excel offers flexibility, but it’s missing so many of the elements required to assemble data quickly and easily for powerful (and accurate) financial narratives.

Finance 52

Finance Reporting Sales Dashboards 52

Jet Global

MAY 25, 2022

Every time you do an export from your ERP system, you’re taking a snapshot of the data that only reflects a single moment in time. Any activity that occurs from that point forward is not reflected in the report.

Reporting 52

Reporting Finance Software Snapshot 52

Jet Global

MAY 24, 2022

Perhaps just as importantly, they lead to a time delay between the moment something happens in the business and the time it shows up on a report. All of that in-between work–the export, the consolidation, and the cleanup–means that analysts are stuck using a snapshot of the data.

Finance 52

Finance Reporting Sales Software 52

Jet Global

MAY 4, 2022

That undermines confidence in the finance team’s ability to produce accurate reports, and it can ultimately lead to bad business decisions. There is yet another problem with manual processes: the resulting reports only reflect a snapshot in time.

Reporting 52

Reporting Finance Software Consulting 52

Jet Global

MAY 2, 2022

The source data in this scenario represents a snapshot of the information in your ERP system. Researching that question requires substantial additional effort if your organization uses manual planning and budgeting processes. It’s not updated when someone records new transactions, and you can’t drill down to the details.

Sales 52

Sales Finance Reporting Software 52

Jet Global

OCTOBER 8, 2024

If you’re still reporting manually, it’s easy to run into disadvantages like these: Error-Prone Spreadsheets: Manual data entry and complex spreadsheet formulas increase the risk of human error, leading to inaccurate reporting and unreliable financial data. This lack of trust in the data can hinder strategic decision-making.

Finance 52

Finance Forecasting Reporting Data-driven 52