Many find the word ‘Business Intelligence’ (BI) often ambiguous and confusing. It can simply mean that you know something about the business, but Gartner, the world’s leading IT research company, defines BI as “an umbrella term that include the applications, infrastructure and tools, and best practices that enable access to and analysis of information to improve and optimize decisions and performance.” The objective is to provide the right knowledge to the right people at the right time to make informed decisions.
My name is Hanna Kim, and I’m an Angeleno. If you live in Los Angeles, you will notice that the city is not full of natives, but it is rather a melting pot of people with interesting stories, and I absolutely admire that about this city. As a story lover, I love traveling. I enjoy learning about different cultures and history, but the most fascinating part of traveling is finding layers about myself that I never knew about. It is always a humbling experience.
Your company has put tens or hundreds of thousands of dollars into acquiring a budgeting and planning software system that will streamline your staff’s workload. Chances are, that even after training, you or your team has only been using a small percentage of the features or functions available in the solution.
Now, you or your team might wish to rediscover the full range of attributes, or you might even be seeking solutions to more complicated business process matters. Those answers and more can be found at Focus 2016, August 22-25, 2016, located at the Hilton La Jolla Torrey Pines, San Diego, CA.
For four days in August, dozens of BI360 product experts, hundreds of technology professionals and BI360 users will gather to impart their wisdom to help you and others like you become BI360 gurus in their own right.
Some Sage 500 users will probably always wonder why they would want or need to deploy independent software vendor (ISV) tool(s) on top of their accounting system. This confusion is perhaps an obstacle for ISVs and a concern for some Sage 500 users. There are a couple of clarifications that seem to organically come out of the conversation. First, no ISV can create a tool that can be a solution for every single organizational hurdle. A great example would be how competitive mobile device brands, like Apple or Android, provide their own native mapping applications, but still allow you to download an app from another manufacturer, which is similar to modern flexible enterprise resource planning (ERP) systems, like Sage 500. Because every organization using Sage 500 has particular objectives, specific budgeting requirements, and rules, the accounting system vary in how effective it is for each company. ISV technologies enable organizations to customize their data management and analytics.
Whether you’re putting together a budget, a forecast, or a what-if scenario for your organization, they all entail historical actuals and projections, so you can plan for managing your specific manufacturing or distribution corporation, maneuvering around obstacles and seizing opportunities in the upcoming period. There are a plethora of software options for manufacturing and distribution organizations relying on Dynamics NAV that can expand your planning processes, whether you craft your own budgeting solution, rely on native Dynamics NAV functions, or opt for an independent software vendor (ISV) solution. This article will discuss your best options for today’s budgeting, forecasting, and modeling demands, specifically to meet your manufacturing or distribution planning objectives with Microsoft Dynamics NAV.
Data is increasingly more important in today’s business world, perhaps especially for Professional Services organizations. As data informs decision-making at all levels, Professional Services organizations are striving to stay on budget and on track with projects, vendors, clients, and so forth, a data warehouse can be positively impactful in supporting Business Intelligence (BI) analyses. If you’re new to data warehousing as a solution, you might have some questions. This article will go about answering your questions about data warehousing as a Professional Services organization using Microsoft Dynamics AX.
It’s all about dashboards these days when it comes to presenting and digesting information in quick and easy-to-understand ways, which is particularly true in the Business Intelligence (BI) world. They are increasingly more popular, especially for executives, due to their easily accessible visualizations of your data. Dashboards provide easily digestible analyses for breakneck pace of decision-making for today’s businesses. Also referred to as data visualizations, dashboards are graphs, charts, and scorecards that showcase trends, strengths, and weaknesses with key performance indicators (KPIs) for projects, divisions, and/or the whole organization.
One question that sometimes comes up in conversations with Intacct customers is related to confusion as to why you might need to deploy ISV tool(s) on top of the accounting system. This is a small hurdle for ISVs as the confusion seems to quickly dissipate for the Intacct community. First of all, no software solution, even as great as Intacct has proven to be, can answer to every single business-related analytical hurdle for every company. A perfect example would be Apple offering their own native Maps applications on their iPhones, but still allowing consumers to install the Google Maps app, just as any modern flexible enterprise resource planning (ERP) system, like Intacct, does. Because every organization who utilizes Intacct has particular objectives, specific planning needs and rules, the accounting system will differ in how sufficient of a solution it is for each corporation. ISVs provide businesses the capability to customize their data management and analytics.
A few weeks ago, the registration website for Solver’s Customer and Partner Conference, Focus 2016 launched. This year the event, to be held August 22-25, 2016, will take place in a new location: the classically beautiful Hilton La Jolla Torrey Pines in San Diego, CA.
The new conference location is just a precursor to Solver’s plans to include other new elements in their event program. In fact, many of these enhancements come from suggestions Solver’s Partners and Customers have made. So thanks to many of you for helping Solver build a better event. My name is Karen Barak. I’m a marketing and events consultant extraordinaire with a passion for excellence and exceeding expectations. Read this and future BI360 Focus 2016 blogposts to discover what’s new and what’s exciting at this year’s ultimate Customer and Partner conference on BI360.
Budgeting can be challenging, regardless of your industry, but fortunately, it is getting more dynamic and user friendly with today’s solutions to upgrade your Microsoft Dynamics AX tasks. For Professional Services organizations, planning is just as important, but is unique to the nature of the sector – and this is true for most industries, regarding particular budgeting demands. Plenty of companies are still utilizing Excel for homegrown budget processes, but today’s budgeting demands are more sophisticated than what the spreadsheet application can deliver. If you’re seeking an independent software vendor (ISV) budgeting tool that enables you to pull historical data from Dynamics AX, as well as payroll and other company- or industry-specific data sources for an aggregated financial plan that is the result of collaboration, this article is a must-read.