Do you love JD Edwards for its flexibility and ease of use? But, do you wish its reporting was just as flexible and easy?
JD Edwards (JDE) is a great platform with a justly loyal userbase. But finance and accounting users know from experience that reporting out of JDE is too often intertwined with their IT organization or a consultant. Needing to involve another party slows down the pace of reporting and limits the quality of insights it delivers. Likewise, helping with reporting eats up resources that IT would rather apply elsewhere. It’s not an ideal situation for anyone, even if JDE is an ideal solution otherwise.
- Read: How to Shrink JDE Reporting and Planning Cycles by 50%
- Read: JD Edwards Reporting: The Powerful Third-Party Solutions You Really Need
- Watch: Ready to Navigate Financial Reporting in JD Edwards with Ease?
Fortunately, transforming JDE into a system that excels at reporting is easier than many users realize. With purpose-built reporting tools from insightsoftware, the weaknesses of JDE reporting turn into strengths and insights that were previously invisible. Here are five reasons you will love JDE reporting with the right reporting tools in place.
1. Day-one time-to-value with an extensive library of JDE-specific content
It doesn’t take long to see real time-to-value with reporting tools from insightsoftware. These tools go to work from day one. An extensive library of reporting templates specific to JDE lets users immediately start generating reports tailored to key metrics and strategic concerns. Users have plenty of ways to build their own reports without needing assistance from IT or needing extensive training. However, for those with no time to build their own reports, prebuilt report templates optimized for JDE reporting come to the rescue for effortless reporting on the fly. The effects of superior reporting aren’t abstract or long-term—they’re apparent instantly.
2. Drillable, real-time data instead of static snapshots in Excel
The next generation of financial reporting software doesn’t deliver shallow or static data. With tools from insightsoftware at the helm of JDE reporting, data work dynamically to serve the decision-making process. Users can drill into the data to see the details behind the metrics, which gives them important depth and context while streamlining the process of analysis. Reports set up as dashboards can also update KPIs in real time. This allows decision makers to always have the latest figures without having to find, organize, or analyze the information manually. Information updates happen automatically so that company leaders can focus forward, not backward.
3. Freedom from JDE’s silos, with multiple data views
As comprehensive as the JDE ecosystem may be, it’s not the only source of information relevant to financial reporting. Incorporating various operational insights gives reports deeper context and broader relevance while turning reporting into a tool for enterprise-wide visibility. The JDE reporting experts at insightsoftware understand where the blind spots are in the system, then they fill them in with reporting tools that draw on multiple data sources inside and outside JDE. In that way, these tools provide freedom from JDE silos while delivering 360° data views.
4. An end to manual data mapping
Manual data mapping is a fact of life with traditional JDE reporting, but it becomes unnecessary with a purpose-built reporting tool building the links between data sources. Work that once drained hours of attention, risked human errors, and compromised the quality of reporting now happens automatically in seconds. This saves staff members countless hours they can use on more business-critical pursuits over the course of the year.
5. IT independence and governed reporting
By careful design, reporting tools from insightsoftware require little if any input from the IT team. Accessibility and intuitive features are the guiding principles, and the underlying infrastructure is built to be flexible and responsive. In practice, that means users can build highly customized reports without needing technical training or outside assistance. That freedom is matched by the presence of controls that let companies strictly govern data access for compliance or cybersecurity purposes.
To learn more about what the JDE ecosystem looks like with world-class reporting in the mix, watch this free webinar.