Metalogic and Phocas partnership brings iMetal customers fast ERP reporting
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Metalogic and Phocas partnership brings iMetal customers fast ERP reporting

A new partnership between Metalogic (part of the Jonas Metals Group) and Phocas business intelligence launches. The software pairing helps metal manufacturers, processors and distributors get fast ERP reporting and extend the data analytics functionality of the iMetal solution.

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Topics: Industry - Manufacturing, Industry - Wholesale Distribution, Company Updates, Press release, Dynamic reporting, data analytics, ERP - iMetal

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Metalogic and Phocas partnership brings iMetal customers fast ERP reporting

A new partnership between Metalogic (part of the Jonas Metals Group) and Phocas business intelligence launches. The software pairing helps metal manufacturers, processors and distributors get fast ERP reporting and extend the data analytics functionality of the iMetal solution.

Read more

Topics: Industry - Manufacturing, Industry - Wholesale Distribution, Company Updates, Press release, Dynamic reporting, data analytics, ERP - iMetal

The KPIs every manufacturer should know and measure

ebook-the-kpis-every-manufacturer-should-know-and-measure

When it comes to achieving success in manufacturing, the industry is way beyond the idea that data matters. Manufacturers and the decision-makers that run them understand the value of data and are turning to BI strategies and manufacturing KPIs in times of uncertainty. Leaders want to know how decisions on production runs, purchasing and the supply chain impact their financial KPIs faster than traditional reporting allows so they are looking to BI to provide this insight.

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Topics: Industry - Manufacturing, Job Role - Finance, Job Role - Executive, Dynamic reporting, business intelligence dashboards, Inventory Management, KPIs and metrics

Ad hoc financial analysis and reporting for everyone

In many companies, the IT department creates a library of pre-built templates for generating static financial reports from the ERP. These reports reflect data in a standardized format and layout. Yet often a decision-maker requires more information or wants to drill down on specific data. In such cases, they have to come back to the finance team (or the IT team) who investigates the matter and generates more standardized static reports. Now with new software, it is possible to remove the middle person and carry out ad hoc financial analysis – at any time – to quickly solve a pressing issue.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Executive, Financial Statements, Dynamic reporting, business intelligence dashboards, data visualizations

Bill of Materials example: Rivertrace

Rivertrace is a manufacturer based in Surrey, England and makes monitoring systems for pollution control for the maritime, offshore and industrial sectors. It designs, manufactures, commissions and services equipment across the world. Operations Director Martin Saunders explains how Rivertrace uses data analytics to enhance reporting, stay in control of its component usage and manage its Bill of Materials, providing an example.

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Topics: Case Study, Industry - Manufacturing, Job Role - Inventory/Operations, ERP - Merlin, Dynamic reporting

What is Business Intelligence? The ABCs about BI

Business Intelligence (BI) helps decision makers understand how their business is performing. For many years, Phocas customers implemented BI predominately to generate revenue. Recently we're seeing a shift in the BI strategy to help people recognize real-time financial performance, reduce costs and improve operational efficiencies. This blog goes back to the basics of Business Intelligence to help business leaders understand the many uses of BI for their business.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - IT, Dynamic reporting

Financial Statement Reporting Software: A friend for your finance team

Finance teams have been opposing the arrival of Financial Statement Reporting Software for a simple reason — many assume that it will put you out of a job. But what if Financial Statement Reporting Software isn’t here to replace you; instead, it will assist you in your routine tasks, empower you to lead, and make you a more valuable asset for your organization.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Executive, Financial Statements, Dynamic reporting

The evolution of financial statement planning and analysis

Your finance team may be wasting their precious time in preparing outdated static reports, to provide insights which don’t matter anymore.Technology has transformed how the decision makers can leverage data to make informed decisions. Instead of waiting for year-end or month-end reports to analyze your financial health, the decision makers now require up-to-date insights to make on-the-go decisions and create new opportunities for business growth. Financial statement planning and analysis has evolved significantly, and with it, the need of switching to software has also increased tremendously.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Executive, Financial Statements, Dynamic reporting, business intelligence dashboards, data visualizations

4 ways sales performance metrics can help your sales team

For sales managers, the ability to communicate about the progress of your team in an informative way is essential. In the age of data overload,  this becomes more difficult if you don't have consolidated data that you can rely on. The adoption of sales analytics software has grown throughout the business world because it allows you to set and measure sales performance metrics - an accurate reading of how you are tracking at any given time.

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Topics: Job Role - Sales, Dynamic reporting, KPIs and metrics

5 reasons financial reporting software is impossible to ignore

 

The finance team is the central nervous system of your business primarily responsible for making finance-related decisions. It can deftly interpret your external environment as well as keep you balanced. Without funds, an organization can’t breathe. Yet, instead of contributing expertise to all business decisions, the finance team spends much time preparing static reports. The rest of the business is siloed from the numbers, prolonging action to address issues. In this blog, we’ll address why financial reporting software can’t be ignored - freeing up the vital resource of financial know-how.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Executive, Dynamic reporting, data analytics

How to overcome reporting challenges in your business

how-to-overcome-reporting-challenges-in-your-business

The ability to generate accurate, relevant and timely reports is critical if a company is to remain competitive in today's marketplace. However, as many business managers know, traditional (static) reporting methods have a range of shortcomings. In this blog we will discuss a few key solutions to the challenges of static reporting. 

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Topics: Job Role - Finance, Job Role - Sales, Job Role - IT, Strategy, Management and Performance, decision-making, Dynamic reporting

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