FineReport

MAY 31, 2023

Budget variance quantifies the discrepancy between budgeted and actual figures, enabling forecasters to make more accurate predictions regarding future costs and revenues. Finance and accounting teams often deal with data residing in multiple systems, such as accounting software, ERP systems, spreadsheets, and data warehouses.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

FineReport

JUNE 26, 2023

Managers can obtain an up-to-date snapshot of the project’s scope, time, cost, and quality parameters. Forecasting Reports These reports predict the future performance and expected status of a project across various parameters. Ensure the data is comprehensive and representative of the period or project under evaluation.

Reporting 52

Reporting Key Performance Indicator Sales Visualization 52

Jet Global

MAY 24, 2022

However, there is a downside; each system, operating independently, constitutes a data silo. Imagine that you want to look at sales forecasts, the current sales pipeline, year-to-date sales and prior years’ sales to understand how the company is performing relative to committed targets. Manual Processes Are Prone to Errors.

Finance 52

Finance Reporting Sales Software 52

Jet Global

NOVEMBER 7, 2023

Advantages : Replication reduces the load on source systems because data extraction occurs at predefined intervals, reducing the real-time impact on production systems. 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

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. A static (therefore outdated) view of the business : Another major problem with manual processes is that they don’t reflect what’s happening in the business in real time.

Reporting 52

Reporting Finance Software Snapshot 52

Jet Global

MAY 4, 2022

There is yet another problem with manual processes: the resulting reports only reflect a snapshot in time. As soon as you export data from your ERP software or other business systems, it’s obsolete.

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