Next-generation ERP reporting systems and leveraging the cloud
ERP reporting systems are complex but should offer organisations the ability to develop business intelligence that streamlines operational efficiency. This includes everything from easy-to-access and compile reports to customisable dashboards and uncompromising security.
While these and other features are must-haves, integrating them into your technology stack can prove challenging. Businesses in highly competitive industries contend with a considerable amount of external threats and internal obstacles, and technology simply cannot be one of them.
In this blog post, we’ll explore considerations for your next-generation ERP reporting systems. We’ll look at some of the most important features and functionality that your organisation should be considering when scoping your ERP reporting solution, and how they are designed to empower staff and streamline your operation.
We will also unpack why the cloud serves as the perfect conduit for forward-thinking enterprises.
Read More: 5 reasons to make the move to cloud
Businesses need better intelligence
Access to data has long been considered one of the keys to business success. But as more data is generated, access to the right information and interpretation thereof has proved more valuable.
For businesses to make strong and informed decisions, they need to be able to rely on the quality of data they have access to, how that data tells a story about the state of their operation, which levers to pull on, and what to expect.
Enter Jet Analytics, a corporate analytics and reporting platform for Microsoft Dynamics ERP.
It includes all the capabilities, features and functionality that enterprises need to deliver optimum business intelligence.
Here are four major benefits Jet Analytics offers that all businesses need today:
Powerful reporting & dashboards
Comprehensive reporting is a big promise, but Jet Analytics delivers. For example, you can easily produce financial reports using data from any general ledger account, or merge data from separate organisations into a single report.
Beyond the ability to schedule and automate reports, Jet Analytics has also been designed to help businesses spend less time on admin and more time on decision-making and taking action.
Real-time reporting is linked to your databases to streamline report compilation, while you also have access to a large collection of pre-built reports that make compiling important data both easier and faster.
And there’s more to how robust this BI tool can be. If you’re looking for more flexibility, operational and business reporting technology gives you access to all fields, modules, tables, third-party add-ons and customisations within Microsoft Dynamics.
Building dashboards, like reports, is also easily done. They are customisable and you have access to a collection of templates designed to help identify operational performance states.
Leverage team intelligence
Have a team that needs access to data to help your business thrive? Jet Analytics makes reporting accessible to all. You can give team members controlled access, the ability to extract, and produce mission-critical reports, dashboards and business intelligence that may currently be out of the reach.
Made to integrate
Jet Analytics works perfectly with Excel, Power BI, Dynamics NAV, GP, AX, D365 Business Central and D365 Finance and Operations. This makes for simplified data reporting and intelligence. There’s no need to worry about the conversion of file types, formats or inter-operability and compatibility issues with the rest of your tech stack.
Optimising delivery through the cloud
While the option to invest in on-premise IT infrastructure is available, savvy organisations have learned that the cloud is far more efficient. For example, cloud services don’t just offer a cost-effective way of scaling your business, concerns like security and compliance are also addressed.
Microsoft Azure Cloud Services is a perfect example of a comprehensive approach to cloud computing. And when considering how to enhance or streamline your organisation’s productivity, coupling Jet Analytics with Microsoft Azure is a smart choice.
Here’s a look at why you should consider Azure.
One of the biggest motivators for businesses moving to the cloud is the cost savings. Traditional in-house IT infrastructures require large investment. Organisations need costly hardware equipment, software and people to ensure it all works, and over time, costs can swell.
Moving to the cloud means a switch to an op-ex model. As infrastructure is in the cloud, your organisation benefits in a number of ways.
First, you no longer have the expense associated with purchasing new hardware and software. You also don’t need a large IT staff complement to maintain your infrastructure.
Compatibility isn’t an Issue
Many businesses rely on bespoke software designed to operate on specific operating systems. A move to the cloud introduces concerns related to compatibility.
The good news is that Azure is cross-compatible. It allows for legacy software like Windows Server or is SQL Server 2008/R2 to be transitioned into the cloud.
Mobility is an imperative
As more businesses embrace more flexible staff working arrangements, the need for remote access to all business applications becomes necessary. Microsoft has designed Azure to support remote access. All employees need is a stable Internet connection to be productive, just as they would as office-based staff.
While data security as a top priority, continuity is just as important. Businesses need to have measures in place that account for potentially crippling eventualities.
Azure offers redundancy solutions designed and developed to drive business efficiency. Data is securely stored on redundant servers, along with applications that can be accessible in the event of a server outage.
What’s more, the cost associated with sophisticated redundancy solutions, which are standard with Azure, is not absorbed by enterprises as would be in traditional on-premise IT infrastructures.
Network security a complex topic. For a network to withstand the barrage of attacks it requires layers of protocols. It also requires hardware designed to prevent attacks.
Microsoft Azure Cloud Services offers enhanced protection capabilities. Today, you can secure VMs, protect your servers, cloud-native applications, data and IoT environment. In fact, Azure is so powerful that Microsoft detects a staggering 1.5 million daily attempts to compromise its systems.
Achieving compliance is easier
Moving your ERP system and reporting tool to the cloud is not without a degree of complexity. Compliance is often one of the most popular topics, and organisations can rest assured that Azure meets all the relevant privacy certifications.
These include ISO/IEC 27018 for protection of personal data in the cloud, the EU/US Privacy Shield, and the European Union’s General Data Protection Regulation (GDPR).
Azure also gives you complete visibility of your environment. You can verify compliance with regulatory requirements, such as CIS, PCI DSS, SOC, and ISO.
The best of both worlds
Building your next-generation ERP system and reporting solution on Microsoft’s Azure Cloud Services is a smart move. Using Jet Analytics, businesses become more capable of handling growing business intelligence requirements. They are able to access, examine and deliver reporting and dashboards that uncover keen insights on operational performance.
And with the added flexibility of Azure, your organisation can quickly, securely and easily access Jet Analytics to deliver results ‒ without the worry of server downtime caused by outages or hacks.