Does Microsoft Dynamics GP Deliver One Version of the Truth to Your Organization?

As more firms running Dynamics GP move past simply issuing financial statements and into business intelligence I hear the same request over and over: "we want one version of the truth". That's not really what people want of course. It's a way of saying that they want consistent answers to their questions. The problem comes when managers ask for something like sales numbers and get different sets of numbers because their sales data is housed in multiple systems where each system has different limitations.

Getting to one version of the truth is not magic; it's a process - sometimes a long and painful process. But I've got a few thoughts on how users of Microsoft Dynamics GP can get to one version of the truth.


Decide on the critical reporting items and find where that data lives.

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About Mark Polino

Mark Polino is a Microsoft MVP for Dynamics GP and the Director of Client Services for Fastpath. He is author or coauthor of five books on Microsoft Dynamics GP. Mark has been working with Dynamics GP and its predecessors since 1999. He is a Florida licensed CPA and holds an MBA from Rollins College.

Building Dashboards with Microsoft Dynamics GP 2013 and Excel 2013Mark's new book, Building Dashboards with Microsoft Dynamics GP 2013 and Excel 2013, is available now.

 

 

 

 

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One Version of the Truth

One Version of the Truth is provided by PrecisionPoint Business Warehouse for Dynamics (www.precision-point-com) without any technical knowledge required by the user.

It's the only BI product certified by Microsoft for both NAV and AX and the most powerful way of analysing Dynamics databases by end-users without them having to involve IT departments and hours/days of configuring the reports they need.

It's beauty from a user's perspective is that it automatically reconciles all ledgers so that sales, purchase or Inventory data are always reconciled to the GL and reconciling items instantly identified. Sales VP's and CFO's can now agree a fully-reconciled version of the numbers!