The Value of Dynamic Reporting

The most popular method of information gathering in corporations today is done with ERP software. This powerful but complex set of sophisticated programs designed to gather information from the daily operational activities of your business. Mundane but essential tasks such as accounts receivable collections, supplier payments, payroll, invoicing, etc. are performed every day by each company’s admin staff. They record vital information on inventory, sales, production, customer and supplier accounts.

ERP systems are designed to ensure the efficient and accurate recording of this essential data and provide a wealth of information, but their complexity has never lent itself to robust reporting. In more cases than not, this structure makes such reporting cumbersome, usually expensive and time-consuming, and almost always static. This is in direct contrast to the undeniable need for and value of the dynamic, user-specific reporting required by managers and staff alike. Modern tools, such as Excel, were born out of this need and had provided some answers. However, their usefulness is limited and can cause issues that render it less than ideal. Business Intelligence (BI) reporting was developed to resolve this issue in a 21st-century manner. The BI tool places creative control of this requirement in the hands of the users, the very people that know better than anyone what they need. By putting this powerful utility directly in the hands of the user, we eliminate not only the need to translate needs to third parties but also the time and expense required in creating the reporting information so vital to today’s businesses. From information reports on historical data to forecasting and budgeting and ultimately detailed analytics, this software solution will change how you make decisions in the short, medium and long terms.

At RSMS, we are passionate about reporting. We believe that information is an essential element in the successful management and growth of any business. Converting the wealth of data to actionable intel will provide management and staff with the ability to make critical decisions to maximize profitability. Our partnership with NewIntelligence allows us to combine our business and management knowledge and experience with their decades-long expertise in business intelligence reporting. Whether you require the ability to improve your existing reporting structure, create timely, accurate forecasting, develop exception reporting or all of the above and more, we can help you to augment all your reporting and management techniques

Please review our Website to see our complete service offering. Call us toll-free at (844) 708-3555 or email us (info@rsmsconsulting.com) and allow us to set up a free no-obligation meeting to let us help you be the best you can be.