Many of us have a love-hate relationship with reporting. We know that strong reporting in Microsoft Dynamics is essential to the livelihood of our business, from compliant financial statements to accurate business performance reports. But, after years of wasting hundreds of hours trying to track down data and creating thousands of standalone Excel spreadsheets – you’ve likely reached a turning point.
There has to be an easier reporting option, right?
Before starting the search for an alternative reporting option, it’s important to make sure that’s really what you need. Most companies experience common pain points when they have outgrown their reporting solution. Time, accuracy, costs, complexity – these are all areas where you can plainly see the impact of poor reporting practices and the struggle to find relevant data. Here are the top 10 signs that your current reporting processes aren’t sufficient for your needs:
I’m sure a few of these points have hit a sore spot for some of you. Most of these signs build up over time as your business grows and eventually wreak havoc on productivity and morale. That is until you replace your reporting solution with a better one that solves all of these problem areas.
Your turning point is when you finally decide to replace your current reporting solution with a more efficient reporting option. You’ve recognized that with improved visibility and communication, your business could be making smarter decisions when it really matters. You’ve realized that there is a smarter and cost-effective way to build reports and dashboards that are easier to consume and use.
Being in the business of Microsoft Dynamics ERP reporting has given us a lot of time to understand the unique struggles that users deal with every day. Our reporting and analytics products are built for companies that can no longer make it work on a basic accounting package and need more flexibility. With that in mind, here are the 3 major features in a reporting solution that will help you wipe away all of those time-consuming and costly troubles mentioned above:
Better business reporting isn’t complicated; it just requires an understanding of your user needs, business goals, and operational processes. Take a step back to reduce the clutter, simplify reporting and find a solution that is going to provide value to your business. For more insight into Microsoft Dynamics reporting, download our Top 10 Reporting Best Practices Guide.