15 Key Takeaways from the Budgeting Tools for Dynamics 365 Business Central Comparison Showcase

MSDynamicsWorld (MSDW) and ERP Software Blog have partnered to present a new Budgeting Tools for Dynamics 365 BC/NAV Comparison Showcase on Tuesday, September 17, 2024. 

This unique event is designed to help Business Central customers and consultants discover new and innovative ISV solutions that will help achieve their budgeting automation goals. Join the session to see demonstrations from five expert ISV vendors, each with expertise and specialized IP that adds measurable value to Business Central. 

PLUS: Registrants will get a bonus report comparing each product side by side.

Participating ISVs will be FYIsoft, Prophix, Solver, Martus Solutions, and Dynamic Budgets. We asked our expert presenters for a preview of the information and insights attendees can expect to take away from the event. Here is what they told us:

FYIsoft: Budget FYI Cloud Budgeting Software

1. BudgetFYI is cloud-based and designed for companies outgrowing Excel, particularly those with many different reporting entities/companies and consolidated rollups where spreadsheets are inefficient and error-prone.
2. Ideal for Business Central, the integration between our budgeting and reporting system (ReportFYI) brings tremendous time-saving benefits, including: 
   1. BudgetFYI understands and uses your actual reporting structure (i.e., rows, columns, trees), so there is no need to recreate.
   2. Starting templates can be automatically pre-populated with actual and/or prior year budget data.
   3. Approved budgets are published back to the actual reporting system with one click. 
3. BudgetFYI brings value through the entire year. See how forecasts can be updated automatically as the months/quarters unfold.

Prophix: Prophix One™ Financial Planning & Analysis

1. Ideal Customer Profile: Prophix services a broad customer base and specializes in several verticals, including manufacturing, professional services, construction, healthcare/senior living, not-for-profit, and higher education. Prophix is an ideal solution for mid-market organizations with 100+ employees and revenues in the range of $50M - $1B that may have multiple entities/sites/currencies and complex operating expense structures. 
2. Prophix is incredibly flexible and configurable: Prophix can easily handle complexity and is not restricted to out-of-the-box templates. For example, users can configure models for complex revenue and cash flow planning, personnel planning can be done right down to the employee level, and endless scenarios can be created.
3. Prophix One™ broadens the offering for the Office of the CFO: Our new Financial Performance Platform can help to streamline your tech stack with multiple applications that can service a wide range of processes beyond FP&A, including close and consolidations, accounting and compliance, and reporting and analytics. The benefit is the ease of deployment and integration via one portal with common authentication and a common user experience to access and move seamlessly between applications, share data, and manage processes - all within one platform.  

Solver: Solver Cloud-Based Extended Financial Planning and Analysis Solution

1. Solver utilizes an Excel-based report writer with a modern browser-based web portal to minimize the learning curve for users and get them up and running quickly. 
2. Solver's QuickStart integration technology maps to specific fields in Microsoft Dynamics 365 Business Central and automatically creates endpoints to organizational data so users can take advantage of the ready-to-use reports, dashboards, and budget templates in Solver's Marketplace. Additional integrations to tools like PBI and Tableau for dashboarding allow users to continue creating visualizations using data from Solver's central repository/data warehouse.
3. Solver's SQL relational database offers flexible data modeling and analysis options without requiring specialized technical expertise. Unlike OLAP tools with predefined structures, Solver eliminates the need for complex maintenance while ensuring accurate and customizable reporting and planning capabilities.

Martus Solutions: Budgeting, Reporting, and Forecasting in One Platform

1. Generate detailed budgets based on historical data and predefined templates.  User-friendly layouts make it easy for anyone in your organization to budget quickly and efficiently.
2. Facilitate team collaboration with our intuitive interface, allowing real-time updates, comprehensive commenting features, and streamlined approval workflows to ensure efficient and inclusive budgeting processes. 
3. Quick to implement, easy to use, and priced very competitively.

Dynamic Budgets: Fast, Easy, Collaborative Budgeting Software

1. An easy, intuitive budgeting software program that fits your budget. Ideal for organizations that do zero-based budgeting and want to provide their non-technical, non-financial department heads with an easy-to-use app to enter their budgets and take ownership of their numbers.
2. Flexible Forecasting: Plan ahead your way.
3. Self-service reporting allows users to create their own reports using live financial data.

Don't miss this opportunity to supercharge your BC or NAV system. Register here for Tuesday, September 17, 2024, and choose a convenient time. 

If you can't make it, register anyway to view the recording.