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Microsoft FRx provides deep insight into all
aspects of your business by helping you gain control
of your financial reporting and analysis process.
Many midsize businesses face the challenges of
keeping pace with changing needs, while still using
legacy systems that require redundant entry and
manual tasks. Rapid growth and evolving markets,
often coupled with antiquated systems, makes it
difficult to meet monthly, quarterly, and yearly
financial reporting deadlines. The struggle to close
the books faster can result in inaccurate entries
and lack of time to spend analysing financial data.
Ever-changing report requirements, dependence upon
your over-burdened Microsoft Office Excel specialist
or information technology (IT) department, and the
extra stress that is associated with accommodating
all of those last-minute requests for new,
customised financial reports can impact your ability
to deliver the best and most accurate information on
time.
Microsoft FRx can help make financial reporting
and analysis easy, fast, and accurate. This helps
your people drive marked improvements in efficiency
and effectiveness, provide timely and accurate
information, and accelerate decision-making with
financial reporting.
Screen illustration:
A simple use interface based on a unique
building-block approach helps individuals quickly
create reports from existing or new report
components consisting of row formats, column layouts
or reporting trees.
Microsoft FRx was developed to fulfil the market
need for easy, intuitive, and accurate financial
reporting. By using information already set up in
your general ledger, Microsoft FRx automatically
taps data about fiscal periods, charts of accounts,
detail transactions, and various types of balances.
It even recognises positive and negative variances
and posted and unposted transactions.
Screen illustration:
Using one of many customisable report templates,
you can quickly get started creating relevant
financial reports—with little help from IT resources
or other technical personnel.
Give your people the tools they need to do their
jobs well and increase their productivity. Microsoft
FRx makes everyone more productive and effective. It
makes it easy to provide comprehensive, timely, and
relevant financial reports with up-to-the minute
information on a scheduled basis or in an instant.
Business insight helps consumers both inside and
outside of your organisation answer their own
questions about data by drilling down all the way to
the transaction detail level, perform necessary
analysis, and make better, more informed decisions.
With Microsoft FRx, the delivery method of your
financial reports can be as versatile and customised
as the information that they contain. Without having
to connect to your general ledger, you can choose
from a variety of traditional or graphical output
options, including Excel, FRx DrillDown Viewer,
online analytical processing (OLAP), or extensible
business reporting language (XBRL) instance
documents. Then post your reports to a secure
Intranet site or e-mail them to be accessed
immediately by onsite and offsite users alike,
saving time and money in the process.
Using the FRx DrillDown Viewer, reports can be
delivered via email and users can access their
financial reports without a connection to the
general ledger.
Imagine never having to answer the question
"Where did this number come from?" again. With
Microsoft FRx, your people are empowered to do their
own investigation by drilling down to transaction
detail-level information from a single summary
report. You can generate a single, comprehensive
report, and easily send it to all report reviewers.
Because security rights are predefined at the
Reporting Tree level, each recipient can access only
the information that is appropriate to their viewing
rights.
FRx DrillDown Viewer provides flexible reporting
with the ability to drill down to transaction level
details while maintaining the security you need over
the data.
With Microsoft FRx, you always know where your
organisation stands financially. You can make
important, proactive decisions to address your
economic highs and lows, without having to wait
until the books are closed. Financials reports of
all types can be accessed from the Report Catalog,
updated with the relevant reporting date, generated
using a variety of traditional or graphical output
options, and then distributed to decision makers
through a secure Intranet site or through e-mail to
facilitate the timely analysis that today's
turbulent market demands.
Because Microsoft FRx can be integrated with many
of the leading general ledgers on the market, you
can leverage the investment you've already made in
your general ledger, and add on increased
functionality as your needs become more
sophisticated. In fact, Microsoft Forecaster, a
dedicated budgeting and planning application, is
also available to you. Depending upon the general
ledger that you use, Microsoft Forecaster can work
with or without Microsoft FRx to take your company
to the next level in financial effectiveness. |
Financials
