In what has been an unpredictable year, one thing has remained consistent; the constant need for optimal financial reporting. As 2020 slowly draws to a close, all eyes are on the coming year, and what it has in store for organizations worldwide. One sure-fire way for your organization to get started on the best foundation possible would be to ensure that your finance team can stay optimally productive, no matter where they are.
How can this be achieved? Here are 3 challenges that your team must overcome, and how they may be able to do so using Jet Reports, the leading financial reporting solution with Excel integration.
1. ELIMINATE COPY-PASTE INPUT
The manual inputting of data from one Excel sheet to another is a tremendous time sink. In particular, the process of copying and pasting data is one of the largest contributors to this. Additionally, copying and pasting is typically ineffective. By eliminating manual entry processes, your team have more time to work on more important, less mundane aspects of their work, such as strategy or analysis.
Jet Reports helps achieve this, through the ability to generate reports using multiple data sources, a feature not present in the base Microsoft Excel capability.
2. AVOID HUMAN ERROR
Inputting data is not the only pain point for finance teams. In fact, the manual stitching of relevant financial and operation data is also significantly time consuming. However, the biggest problem that emerges from this is the ability for human error to come into effect when this process is done. Once human error is considered, decision-making becomes a risk and the overall accuracy of the data being reporting becomes compromised.
Through Jet Reports, the nature of importing data is done seamlessly and automatically, without the need for human intervention.
3. REDUCE THE COSTS OF CUSTOM REPORTS
Using standard Excel, any customized report, modification or upgrade to your already existing ERP will generally hold quite a cost-heavy impact to your organization. As more and more organizations are looking to minimize costs due to the ongoing situation, this would mean an end to most organizations and their ability to generate customized reports.
Jet Reports, on the other hand, not only improves your financial report accuracy, but also contributes cutting your custom report costs by around 50% on average. This is achieved by providing your team with customizable reporting while retaining the same license cost throughout.
Through solving these 3 key finance challenges, your team is ready for whatever lies ahead, all the while keeping productivity, costs and reliability at the most optimal level. Powered by Jet Reports and Microsoft Dynamics 365, your business is ready for the next step in its digital evolution.
The time has never been better to get started on Jet Reports now. As proud partners of insight software, we are happy to announce Jet’s newest pair of promotions. Throughout Q4, your organization can benefit from 20% off Jet Reports or Jet Analytics Foundation packages, as well as 50% off all Designer and Viewers added in a one-time order.
This offer only applies between now and December 18th. To get in touch with our experts about making use of this promotional offer, enter your details in the contact form below!