Make Month-End Easier with the Adoption of BI Tools
Posted by Corey Mendelsohn on October 31,2021
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Regardless of the industry or the vertical, every company has to look after its finances. This means that the (sometimes dreaded) month-end is a reality that affects many managers and teams. You’ve probably experienced the hustle and bustle feel of this time, the all-too consuming extrapolation of ERP data and manipulation of spreadsheets. But what if the whole process could be simplified and save your company time, and in turn, money?
The scenario mentioned above does not have to be hypothetical, it is an achievable improvement that many companies have put in place successfully. Month-end can be simplified and accelerated with the use of BI tools, such as QuickStart for SAP B1. The integration of BI tools makes financial statements easier to access, decision-making easier to achieve for operations, and allows for an overall better understanding of how your organization is performing financially.
The nature of an all-hands-on-deck and complicated task such as month-end makes it hard for finance departments to adopt new technology easily. However, the pay-off when it comes to time and money saved is entirely worth it. Creating, scheduling, and automating financial statements and reports, without having to rely on a third-party or IT department make a vast difference and eliminates hours of manual work for most involved.
QuickStart for SAP B1 has many functionalities but taking full advantage of it for your specific needs can be very powerful. The financial module is specifically helpful when it comes to performing better analysis, drilling down data, and leveraging its dashboarding capabilities. All of this and proper user adoption can create user empowerment and the automation needed to optimize and accelerate processes such as month-end.
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”NewIntelligence (NI) has been a joy to work with."
”NewIntelligence (NI) has been a joy to work with. We were initially concerned that we would not be able to fully use QuickStart as we don’t have an in house IT department. NI showed us how easy it is to use Quickstart and they continue to promptly support us if we have any questions.”
VP Sales & Marketing, Thai United Food Trading Ltd.
”The support we have received from them before and after implementation has been phenomenal."
”As CFO at New West Oil, I selected NewIntelligence as the product of choice for helping to get data out of our SAP B1 database in a more user-friendly and meaningful way. Corey Mendelsohn helped guide us through the process in a very structured way, without pressure, but always with great follow-up and thoroughness. ”
CFO, New West Oil Company LLC
”It is a pleasure to work with Corey and experience his professionalism to ensure we expand our knowledge."
”We are currently working with Corey, expanding our use of the NewIntelligence tools and excellent Customer Service to ensure his solution fits our needs. It is a pleasure to work with Corey and experience his professionalism to ensure we expand our knowledge and find new ways to extract information from SAP B1”
VP Operations & Administration, Trux Accessories
”We highly recommend the NI SAP B1 QuickStart for Reporting and Dashboarding Solution."
”Working with NewIntelligence as our IBM Cognos partner has been a great experience. They are extremely knowledgeable, and their customer service is outstanding. The implementation phase went very smoothly, and they have since remained available, even reaching out to us regularly to see how we are doing with the tool. They have continued to patiently support us and help us evolve within the Cognos tool.”
Director of Finance, Fischer Technology, Inc.
”We see a good partnership where NewIntelligence will help us meet those challenges and empower Arani’s team to access good data."
”NewIntelligence listened to our issues and built a solution that met our needs with the ability to add more users and functionality as we grow. We see a good partnership where NewIntelligence will help us meet those challenges and empower Arani’s team to access good data.”
VP Operations & Supply Chain, Arani
”Very professional and much appreciated."
”Following the IBM Cognos training the main user was very pleased with the sessions. The trainer knew the solution well and the training format allowed flexibility for real life questions… they even used our existing data to demonstrate functionality!! So in general, it was very professional and much appreciated.”
Manager, IT PMO, Domtar
”Their promises have been fulfilled 110%."
”I would like to take this opportunity to thank the NewIntelligence team for having completed the mandate of implementation of their Cognos solution. Their promises have been fulfilled 110%. Following last week’s training, the excitement is at its peak and our people are looking forward to make use of the solution on a daily basis. A big thank you to all of you!”
VP Finance, Regal Confections Inc.
”The experts at NewIntelligence have understood our challenges and guided us very well in our project."
”Since the beginning of our partnership with NewIntelligence, we restructured our cubes, had numerous training and, recently, a major migration. We are very happy with our IBM Cognos 10 release. Our users love the new Workspace tools and they would never go back to the old version for the world.”
Vice President IT, CDMV Inc.