Spreadsheets have become a way of life for many growing companies. With overwhelming workloads, many finance professionals rely on spreadsheets because they are easy to set up and familiar to them. Many times, it is easier to believe that familiar equates to an indispensable resource; however, I believe the tool finance professionals choose should not just be familiar. I believe the tool should reduce risk of financial errors, streamline processes, and allow rapid delivery of critical financial information, ultimately freeing up time for finance leaders to focus on strategic initiatives and big picture goals.Read More
BTerrell Group Blog
Tags: Financial Reporting
This blog is a continuation on the Sage 300 ERP business intelligence journey using PowerPivot. I will focus on the financial statements in this blog.
Let’s begin by looking at the tools. Many tools are used to prepare financial statements, namely Income Statements, Balance Sheets and Cash Flow Reports. In the Sage 300 ERP (formerly Accpac) world, the three, Excel based, tools widely used are: FR (Financial Reporter), Sage Insight and Sage Intelligence.