When analyzing data with BI tools as described above, it is important to consider whether the data analysis axis is defined in the ERP.įor instance, preparing to make business site code and department code as requirements for the analysis axis of each transaction information would be such example.
Power BI is a dashboard creation software provided by Microsoft, and has a mechanism that allows you to refer to data from various software. Unlike detailed data lists using spreadsheets, it is suited for intuitive data analysis like finding data trends and outliers at a glance.
Since the destination of data output is Excel, it is possible to perform analysis using the standard Excel functions such as report layout, graph insertion, filter function, and time axis analysis. Jet Reports is an Excel-based reporting tool that allow users to browse the Dynamics ERP database directly and does not require complex programming to create reports. These tools can be directly integrated to the database of Dynamics 365 Business Central and used for a wide range of data analysis activities.Įxamples of analytical reporting tools for Dynamics 365: Jet Reports Jet Reports Various data analysis tools (BI tools) exist to help reduce such burden involved in creating analysis materials that require handling of real-time, accurate data. It is not an exaggeration to say that a detailed document can sometimes take a whole day to create. In such cases, the speed and accuracy of obtaining real time data becomes critical for the user to make decisions in time, and will likely be under constant pressure.
While most ERPs come with a set of general functions that are widely used by corporate management, the standard set of reports available out of the box are usually limited to accounting, such as balance material for accounts receivable and accounts payable, trial balance, inventory evaluation report and templates for invoices and purchasing slips.Īs a result, there are surprisingly many cases where the standard reports are not enough to cover all the company’s needs, and the person in charge can end up aggregating data from each ERP module, creating a performance analysis report on spreadsheets like Excel.
In this article, we’ll explore how you can fully utilize the large volume of accumulated data. We’d like to sort out what type of data in particular can be acquired in reality. While such conveniences of an ERP can sometimes lead to misconceptions by users, thinking that all the information can be retrieved by just implementing the system. By sharing company-wide information, inefficiencies such as double entry of data are reduced, if not eliminated. Through unified inventory database, users can manage and share transaction records that have otherwise been managed within different departments in the past. Many companies enjoy the efficiencies that ERP brings to the business after it is implemented.