Microsoft Introduces Updated Management Reporter to Replace FRx

May 25 2010

Microsoft answered the most pressing questions users have raised about FRx with introduction of a "powerful" updated version of Management Reporter, which will be initially available to Dynamics GP 2010 customers.

"We are moving into replacement mode for FRx," Guy Weismantel, director of marketing, Microsoft Dynamics ERP, told MSDynamicsWorld.com. He said the new version of Management Reporter, formerly codenamed Management Reporter 2.0, will offer "a clear path to upgrade" along with "native Windows 7 integration"-two key concerns users have voiced.

He said Microsoft expects Management Reporter to be compatible with Dynamics AX 2009 sometime during the second half of this year, and with the new Dynamics NAV R2 sometime afterwards.

Management Reporter can be expected to integrate with Dynamics SL 8 sometime during the first half of 2011, Weismantel said.

According to Crispin Read, general manager of Microsoft Dynamics ERP, "This is the first step in a multiyear roadmap to deliver broader corporate performance management capabilities across our Microsoft Dynamics ERP solutions. Management Reporter retains many elements of the Microsoft FRx product, but is built on a completely updated architecture that will provide a new level of scalability and reliability for customers."

Management Reporter is intended to extend the proven functionality of Microsoft FRx and enable users to quickly and easily create, generate, help secure and publish professional-looking financial statements, such as profit and loss statements, balance sheets, and cash flow reports. It will also allow them to take advantage of the following:

  • Custom reports without IT assistance. These reports are intended to reduce the burden on the IT department by empowering the finance team to create its own financial statements.
  • Cross-functional analysis. Management Reporter is also intended to provide easy and accurate financial reporting, inter-company reconciliations and eliminations.
  • Reduced training time and increased productivity. Because of its familiar user interface and reporting tools, training time is expected to be reduced, since users can transition from Microsoft Office applications to the similar navigation pane and toolbars in Management Reporter.
  • Improved data integrity and report accuracy. Management Reporter supports regulatory requirements, such as generally accepted accounting practices and international financial reporting standards.

Les Wright, senior consultant, BDO Canada LLP, a Microsoft Dynamics partner, characterized Management Reporter as "Microsoft FRx on steroids - it takes the familiar building blocks of Microsoft FRx and revolutionizes the way reporting and business intelligence can be delivered."

Microsoft listed the following new features available to FRx customers making the transition to Management Reporter:

--Direct integration to the Microsoft Dynamics ERP general ledger. This integration aids in simplified, real-time reporting with greater accuracy.

--Reusable building blocks. Blocks of Report, Row, Column and Tree definitions can be mixed and matched to produce a wide variety of boardroom-quality reports.

--A Report Library. A Report Library is where reports can be secured, stored, and viewed

To assist customers currently using Microsoft FRx make the transition to Management Reporter, a migration tool, detailed guidance and information is available at http://www.microsoft.com/dynamics/en/us/products/management-reporter.aspx.

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Comments

DPeters's picture

Will this work with AX 4.0?

CharlesMainegra's picture

According to Crispin Read, general manager of Microsoft Dynamics ERP, "This is the first step in a multiyear roadmap to deliver broader corporate performance management capabilities across our Microsoft logo design Dynamics ERP solutions. Management Reporter retains many elements of the Microsoft FRx product, but is built on a completely updated architecture that will provide a new level of scalability and reliability for customers."