Finance

The Reporting and Analytics Solution that Sets You Free

Although Microsoft Dynamics is a powerful world-class ERP solution, there are limitations to its data-handling capabilities, and not having accurate numbers is no longer acceptable in today’s regulatory environment. PrecisionPoint addresses this by ensuring that you have all the correct numbers, at the right time, in auditable form.

Integrated, validated, reconciled and accurate analytics

Integration
Cross-ledger integration ensures that all of the numbers tie together correctly and logically.
Validation 
Conflicting numbers are permanently eliminated: everyone will be able to access a single set of validated data.
Reconciliation 
Once the data restructuring is complete, everything will be automatically reconciled back to your ERP system.
Accuracy
It needs to be 100% accurate, because ‘close’ is not good enough: with PrecisionPoint, total accounting integrity is assured.

Real business benefits

  • Finance, operations and other departments will be empowered to create advanced analysis and reports, based on current and accurate underlying data
  • No more time will be wasted gathering, and validating its provenance – you will automatically have a single auditable source of proof
  • Fruitless meetings debating the accuracy and sources of figures will be eliminated
  • There will be no more confusion caused by multiple versions of your financial data
  • Reports will be faster and easier to produce, without needing help from IT
  • PrecisionPoint is scalable and customisable, so it can grow and change with your business

How we can help…

This frustration is completely removed when PrecisionPoint is deployed alongside Microsoft Dynamics. And that also removes demands for your services to help with report building and information access!

PrecisionPoint is a proven software solution that enables you to dig deeper into the data in your NAV or AX system, and interpret it exactly how you wish, rather than in the restricted ways that Dynamics allows. Your currently under-used data will be transformed into Enhanced Business Intelligence that will give you a tangible business advantage.

Why can’t you get accurate, integrated, reconciled reporting?

Although Microsoft Dynamics NAV and AX systems are inherently powerful, they are also highly complex, containing potentially thousands of database tables. Extracting data subsets or building small analysis cubes disconnects the accounting logic behind the numbers. This makes it hard to get a single version of the truth, especially if you need to connect multiple ledgers or modules for detailed analysis.

PrecisionPoint offers a different approach to data analysis that removes the pain points of ERP reporting and replaces them with a more flexible, more responsive and more versatile way to get exactly the data you need – automatically reconciled to ensure 100% accuracy.

You can!

PrecisionPoint offers a different approach to data analysis that removes the pain points of ERP reporting and replaces them with a more flexible, more responsive and more versatile way to get exactly the data you need – automatically reconciled to ensure 100% accuracy.

With it, you can rapidly find, connect and analyse your chosen data sets, because the unique self-reconciling data model lets you drill deeper on-demand – up, down and across any view of your NAV or AX data; for example, directly from a management report down to the transaction-level detail of the sub-ledgers – without degrading your transaction-processing system.

What we offer…

PrecisionPoint is a proven software solution that unlocks the hidden data within the existing Microsoft Dynamics system. It leverages Microsoft technologies and is fully approved and certified by Microsoft for Dynamics NAV and AX.

PrecisionPoint incorporates table, star-schema and hypercube designs that are optimised for reporting and for speed of analysis and navigation. And you won’t have to modify your production/transaction system to suit your reporting needs. Separating reporting from transaction processing ensures better performance from both systems.

Smarter performance management

Finance, sales, bookings, inventory, project, supply-chain information, currency, and inter-company adjustment data are all available all in one place. You can finally see the interrelationships among those disciplines and manage the business from a more cohesive and coherent vantage point.

Because the customer, vendor and inventory data has been intricately woven into the financial statements by PrecisionPoint, users are able to gain much more insight into data that is traditionally presented in a one-dimensional format. For example, customer and vendor profit and loss statements allow you to view the impact each one has on your company’s bottom line figure. Breaking this down further to inventory items, you are provided with a detailed understanding of how each product line affects the overall company performance in terms of revenues, costs, volumes and margins.

Improved compliance capability

Not knowing or not having accurate numbers is no longer acceptable in today’s regulatory environment. PrecisionPoint ensures that you have all the correct numbers, at the right time, in auditable form.