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Forecaster for Microsoft Dynamics ERP

Forecaster for Microsoft Dynamics ERP. Why Do Organizations Budget?. The Budget is an Organizational Plan Stated in Monetary Terms Provide a forecast of revenues and expenditures Measure actual financial operations against the forecast Provide managers with sense of ownership

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Forecaster for Microsoft Dynamics ERP

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  1. Forecasterfor Microsoft Dynamics ERP

  2. Why Do Organizations Budget? The Budget is an Organizational Plan Stated in Monetary Terms • Provide a forecast of revenues and expenditures • Measure actual financial operations against the forecast • Provide managers with sense of ownership • Guide external parties with timely expectations • Basis for what-if and scenario analysis • Determine capital needs timing “He who fails to plan is planning to fail” –Winston Churchill

  3. Pitfalls of Spreadsheet Budgeting • Adding New Accounts and New Business Units • Business Driver (Calculation) Integrity • Non-Centralized Driver Assumptions • Excel Structure Not Documented • Difficulty “Seeding” Budget with Baseline Data • Security – Sensitive Financial Data Flowing in Email

  4. More Pitfalls of Spreadsheet Budgeting • Security – Sensitive Financial Data Flowing in Email • Issues with Budget Level Granularity • Budget Progress Tracking/Auditing (Workflow) • Analysis & Consolidations Require Linking Formulas • Version Control & Mass/Global Updates • Reporting on the Final Budget before it’s “Final”

  5. Forecaster Details Forecaster for Microsoft Dynamics ERP – Out-of-the-Box Budgeting Application with an Impressive Suite of Tools to Improve Collaboration and Reduce Set Up Time. • Integrates with Dynamics ERPs via FRx and Management Reporter • Licenses included with most Dynamics ERPs • Budget at GL, HR, Capital, Sub-Account Line Items, and Detailed Revenue levels • Robust scenario planning capabilities • Install / Train / Implement in one to three weeks. Very Low IT involvement. • Extended Support Retires 7/11/2017 • Forecaster Capabilities appear in Management Reporter Roadmap in 2012 (Migration Wizard Likely)

  6. About Your Presenter • MSXGroup.com • Training • Consulting • Support • Doug.Haynie@MSXGroup.com • 415-244-2239

  7. Corporate Performance Management Roadmap Management Reporter FP1 Management Reporter FP2 Management Reporter V3 • Microsoft Dynamics AX integration • Microsoft Dynamics SL integration • Currency translation in Microsoft Dynamics GP • Microsoft Forecaster integration • Dynamics NAV integration • Interactive report viewer • Consolidate from other General Ledgers • Report distribution • Strategic and operational budgeting/forecasting • Budget reporting • Migration from Forecaster • Financial reporting enhancements 2H CY2010 1H CY2011 2012

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