It’s not always easy to get the right data out of Infor and into Excel. Activities like manual data exports, consolidation, and formatting take too much time away from value-added business activities, like financial analysis and strategic planning. Worse, static spreadsheets are prone to errors, stale data, and lack of governance.
Drilldowns are critical to reconciliations and the close process. When Infor doesn’t provide an easy way to drill down to the data you need without opening multiple screens, your ability to perform basic month-end close processes are stymied. As a result, the close takes longer, risks greater inaccuracies, and functional leaders must wait longer for their report packs.
Infor is built to collect data, not report on them. You need experienced developers to help you access data and create or modify the reports you need, even when it’s something as basic, but critical, as a financial statement.
Build once and then click to refresh for updated data. Easily build the reports you need using your existing Excel knowledge. Reduce the amount of time spent validating spreadsheets against Infor with a live connection that puts your trusted data at your fingertips in Excel. No more data exports, just live, up-to-date data, leaving more time for the strategic analysis you’re counted on to provide.
Save time at month and period-end close with easier access to your transactional data, and the views that are most helpful to your process, whether account-based or broken down by other fields. Enable faster reconciliation and easier variance analysis by easily drilling down into the transactional data you need to access.
Reduce your dependence on IT or consultants by empowering your team with finance-owned reporting, with up-to-date data, inside the accountants’ favorite tool: Excel. Easily perform comparative analysis and accelerate your period close processes, without having to engage a vendor or your IT department.
From financial statements to annual reports, accurate reporting is essential to the livelihood of your business. Microsoft Excel is one of the most widely used analysis tools, and most businesses use it to manage their data and create reports.
In this whitepaper, insightsoftware gives you 10 easy ways to improve your reporting practices in Excel.
You will learn,
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