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Reporting Analytics vs. Financial Reporting: Is There a Difference?

Jet Global

In fact there are some very important differences between the two, and understanding those distinctions can go a long way toward helping your organization make best use of both financial reporting and analytics. As a matter of necessity, finance teams also produce financial statements for internal use by a company’s management team.

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Financial Intelligence vs. Business Intelligence: What’s the Difference?

Jet Global

Several decades ago, most finance professionals were thinking about their internal systems as “accounting software.” Finance leaders that were quick to recognize the new paradigm got a head start, using the new technology to make their organizations more efficient and profitable. What Is Financial Intelligence?

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BI Cubed: Data Lineage on OLAP Anyone?

Octopai

This is how the Online Analytical Processing (OLAP) cube was born, which you might call one of the grooviest BI inventions developed in the 70s. Saving time and headaches with online analytical processing tool. However, over time new technologies and tools developed to ease data reporting and analysis.

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Navigating Data Entities, BYOD, and Data Lakes in Microsoft Dynamics

Jet Global

When Microsoft released the next generation of the product in 2017, Microsoft Dynamics 365 for Finance and Supply Chain Management (D365F&SCM) , there were some significant changes behind the scenes. Online analytical processing (OLAP), which enabled users to quickly and easily view data along different dimensions, was coming of age.

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Master Your Power BI Environment with Tabular Models

Jet Global

It updates a dedicated database against which you can perform reporting and analytics. That stands for “Online Analytical Processing,” and it’s a paradigm that goes back a little more than two decades, to a time when database performance and computational power were far less robust than they are today.

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Reduce IT Dependence for SAP S/4HANA Reporting

Jet Global

As the first in-memory database for SAP, HANA was revolutionary, bringing together the best characteristics of both traditional online transaction processing and online analytical processing. Common Pain Points in the Finance Department. When you have an urgent need, that can be a disadvantage.