Financial Reporting 

Financial Reporting

Analysis and Reporting services are an important part of the enterprise resource planning process. There many options for optimal analysis and reporting such as reporting and analysis tools built into ERP systems, through third party applications or through customized solutions.  Watkins IT can help you select and implement the proper reporting solution for your needs

One of the competitive advantages Microsoft Dynamics NAV has in the ERP market is its ability to provide reporting solutions for users. By combining Microsoft Dynamics NAV with other options offered by Microsoft or by building/customizing new solutions, Microsoft Dynamics NAV can provide an effective ERP solution.

What Is Analysis with Microsoft Dynamics NAV?

Analysis and reporting capability provided by an effective IT solution is essential to the success of any company in the modern business world. Microsoft Dynamics NAV has worked to ensure that users can perform analysis and reporting tasks with the aid of other products such as Microsoft Excel, Jet Reports, Prophix SQL Server Reporting Services and customized solutions.

Microsoft Dynamics NAV’s Built-in Capabilities

Built into Microsoft Dynamics NAV are some capabilities for analysis and reporting such as:

·  300+ Standard Reports, Report Wizas.

·  Report Wizard and Report Design Tools

·  Account Schedules and Analysis Reports

·  Analysis by Dimensions – Multi-dimensional analysis tool.

·  Budgets

 Extracting Data from Microsoft Dynamics NAV

XMLPorts 

XMLPorts are used to create XML documents from Microsoft Dynamics NAV data. Once it is in XML format, the data can be sent to and read by another application.

NODBC

The Microsoft Dynamics NAV ODBC Driver (NODBC) provides maximum interoperability between the application and database as a single application. It can access any ODBC-enabled database by simply being configured to use its ODBC driver.

SQL Server

If Microsoft Dynamics NAV is running on SQL Server, data can be accessed directly in SQL.

Microsoft Business Intelligence Tools

Excel

Microsoft’s Excel software provides additional support for analyzing or reporting data maintained in Microsoft Dynamics NAV, creating a convenient and flexible resource for analysis and reporting tasks.

Reporting Services

SQL Server Reporting Services is a comprehensive, server-based solution that enables the conception, management, and delivery of both traditional, paper-oriented reports and interactive, Web-based reports. Reporting Services provides users with enterprise capable reporting and an environment for authoring, managing, and delivering reports to the entire organization.

Report Builder

Report Builder is a feature that was introduced with SQL Server 2005. It lets you create reports by dragging and dropping fields from a semantic model built on top of the physical database.

Business Scorecard Manager

Business Scorecard Manager is a comprehensive scorecard and dashboard application that provides knowledge workers with deep contextual insight into business drivers. Information is delivered in a collaborative environment for effective business management and action in the performance-driven organization.

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