Powerful Reporting, Budgeting, & Dashboards: Financial ...
Transcript of Powerful Reporting, Budgeting, & Dashboards: Financial ...
› Individuals• Participate in entire webinar• Answer polls when they are provided
› Groups• Group leader is the person who registered & logged on to the webinar• Answer polls when they are provided• Complete group attendance form • Group leader sign bottom of form• Submit group attendance form to [email protected] within 24 hours of webinar
› If all eligibility requirements are met, each participant will be emailed their CPE certificate within 15 business days of webinar
To Receive CPE Credit
Introductions
Charles Allen Senior Managing [email protected]• More than 30 years of experience • Microsoft MVP
Scott HastingsSenior [email protected]• Dynamics 365 Finance
Functional Consultant
Overview of Financial Performance Insights (FPI)
Power BI• Visualizations• Dashboards
Solver• Data Integration• Data Warehouse• Reports• Budgets
Q&A
Agenda
› Rapid storage of new & updated data for existing companies, such as additional periods› Rapid storage of new & updated data for new companies› Creation of company-specific, consolidating, & consolidated financial reports, including
application of intercompany eliminations› EBITDA adjustment application to reported balances (presentation of normalized adjusted
results)› Dashboards for executives to include KPIs & high-level key summary financial information› Storage of actual & budget data› Storage of General Ledger & non-GL data (sales, purchasing, etc.)› Foreign currency translation› Rapid creation of custom charts & new reports
Issues, Challenges, & OpportunitiesYou need a reliable corporate performance management solution to meet your growing needs & to provide critical real time financial information. Enable smart decisions across your organization!
› Microsoft Excel-based template design which uses Excel knowledge & a familiar user interface
› The ability to leverage Microsoft Power BI across your organization’s data› Business Analyst-driven Data Warehouse for managing the data› Web portal for viewing reports from any location, including cellphone apps› Publisher application for scheduling the generation & distribution of reports
to the web portal & email› Turnkey solution built with BKD’s True Expertise on top of industry-leading
Corporate Performance Management, Data Warehouse, & Visualization solutions
Desired Outcomes
› BKD’s Financial Performance Insights solution is the result of BKD’s True Expertise leveraged with industry-leading Corporate Performance Management & BI Solutions
Solution FeaturesHow BKD can help your organization enable world-class decision making
Power BI is a tool which enables
companies to create interactive reports &
dashboards
It is a leader in the Gartner Magic
Quadrant for Analytics & Business
Intelligence Platforms
It is available on multiple platforms: desktop, web, &
mobile
Reports can be built based on a direct link
to the Solver Data Warehouse
Power BI
Data Integration
Get Source Data• SQL Database• Excel Files• Other
Map to a Template• Accounts• GL Balances• GL Trx• Other Data
Integrate• Manual• Scheduled
› The template can be in a file format, or the data in the database can be structured to match the integration
Data Integration – Map to a Template
1.Select the file or point to the new database
2.Run the integrations, or set up a Job to run them on a scheduled basis
Data Integration – Integrate
› A place to store all incoming data as well as manually entered data
› It is based on modules & dimensions
› It is business user-driven
› Includes the ability to create rules to automate data updates, such as allocations of corporate expenses
Data Warehouse
› Reports are designed in Excel with drag & drop from the Solver Data Warehouse
› Distribute reports via email or to the Solver portal
› Users can drill down on results to view details
› Unlimited organizational trees can be used to view reports different ways
› Allocations & currency translations can be automated
Reporting
› Create templates using Excel› The same design experience as reports› Use the portal to enter budget numbers › Use Workflow to monitor budget completion› Enter comments, line item details, & perform spreading› Unlimited budget versions› Create templates for forms like adjustments
Solver – Budgets & Forecasting
› Revenue
› Personnel
› Capital
› Other Expenses
› Reforecasts
› Other
Solver – Budgets & Forecasting
› EBITDA Adjustments
› Allocations
› Statistical Data
› Strategy & Goals
› IFRS Adjustments
› Other
Solver – Other Data Entry Forms
Continuing Professional Education (CPE) Credit
BKD, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
› CPE credit may be awarded upon verification of participant attendance
› For questions, concerns or comments regarding CPE credit, please email the BKD Learning & Development Department at [email protected]
CPE Credit
bkd.com/fpi | @BKDAdvisory
The information contained in these slides is presented by professionals for your information only & is not to be considered as legal advice. Applying specific information to your situation requires careful consideration of facts & circumstances. Consult your BKD advisor or legal counsel before acting on any matters covered