Excel Steps to the Fore in Microsoft Dynamics NAV 2013
[Editor's Note: Join the author, Vjeko Babic, on Wednesday, June 20 at NAV Day of Decisions Spring 2012.]
Like it or not, having accurate data is the single most important reason why businesses implement ERP. Yes, we are all talking process improvement, productivity increase, increasing throughput, reducing inventory levels, or whatever other key goal you may have in mind, but in the end what makes all this possible is having accurate and timely data. If your ERP does not enable a solid reporting strategy, then nothing else that you do makes much sense.
When it comes to reporting in Microsoft Dynamics NAV, especially with the impending arrival of NAV 2013, the traditional approach of building custom views of the data inside the application is starting to look obsolete in many ways - from budgeting a project to training users to managing the long term maintenance of the solution. With access to improvements in data sources, and desktop reporting tools, the future of reporting and analytics for NAV solutions has stepped forward: it is Microsoft Excel.
Dynamics NAV is moving to a world where data models are open, flexible, simple, and easy to understand; where the simplest reports can give you answers to most complicated questions. Let's examine the traditional reporting options and how Microsoft has re-engineered both NAV and Excel to offer a more attractive value proposition.
Reporting, a traditional view
With Dynamics NAV, the word report typically brings up one of the following ideas:
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A report
object, which a programmer develops according to your specification. It shows you a predefined set of data ...
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