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The key to boosting your competitive advantage starts with understanding your financial data. While your Customer Relationship Management (CRM) system provides valuable customer insights, only financial data provides a comprehensive view of business and financial health, potential future growth, and industry and customer trends.
The sheer amount of data available is staggering. However, simply collecting a large amount of data is not enough. Every bit of data you gather and analyze must address specific business needs, help reach strategic goals, and add real business value. This starts with having the right tools.
Microsoft Business Central is one of the most robust ERP systems available. With JourneyTEAM’s Business Central Reporting Package however, you can truly unlock additional predictive financial insights buried within your ERP.
Microsoft Business Central is Microsoft’s all-in-one, cloud-based business management solution. Users can upgrade their outdated or legacy ERP system with a robust solution that enables them to manage sales, marketing, finance, and operation processes onto a single platform. Plus, Power BI supports Business Central, providing users with insightful reports regarding company data.
JourneyTEAM’s BC Reporting Package offers the ability to drill into your Business Central data and gain deeper insight into your business.
Within our reporting package is a complex Data Model. This core data model supports actionable reports that are tailored to specific business KPIs. You can choose to utilize the out-of-the-box reports that are customizable to your company locations and dimensions or build your own using the provided model.
The customization and flexibility featured within our reporting package allows you to go beyond the information posted on sales and purchases or general ledgers. Our solution looks at the data within your Business Central implementation and supports detailed analysis of overall business performance.
For example, the Sales Manager report features highlighting and cross-filtering that you can use on customer purchases. When a customer is selected, information about that customer such as daily sales, top items sold, and purchase location are highlighted.
From overall financial health and revenue growth to product performance and potential stumbling blocks, you’ll see it all with our reporting package. Armed with this information, decisions are made more quickly, roadblocks are avoided, and opportunities are identified almost immediately.
Vectors Inc. is just one of only twenty US distributors that supply Trimble Geospatial products, a tool that’s widely used in surveying, civil engineering, and construction. Due to the limited amount of distributors, Vectors was looking to replace its current ERP solution with one that could more effectively track sales, purchases, and supply levels of products. Their existing solution could not drill further into high-level data, nor could it provide a granular view of data. Luckily, they turned to JourneyTEAM.
Using our Business Central Reporting Package, the company gained the high-level overview they needed to ensure a strong supply chain. Additionally, our reports provided the deeper insight of contributing data they needed to evaluate both financial health and overall business performance. Equipped with this information, Vectors’ executives and managers made decisions more quickly and identified actionable insights that increased business revenue.
Within JourneyTEAM’s Business Central Reporting Package, Vectors found the exact level of customization they needed. Using out-of-the-box reports and built-from-scratch reports, Vectors was able to gain the high-level overview of financial data they desired. Business leaders and executives also had the option to drill further into data to gain insights into historical trends and product performance. What Vectors saw from using our solution was a streamlined, more informed decision-making process and higher competitive advantage.
Whether you’re looking to delve deeper into high-level financial data or take your Business Central solution to the next level, contact JourneyTEAM. We’re happy to provide a demonstration of our reporting package as well as additional services. Get in touch with us today by filling out the form below.
The post Manage Financial Data with JourneyTEAM’s Business Central Reporting Package appeared first on ERP Software Blog.
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