This powerful tool helps you manage your financial reporting and analysis, including:

٠ Drilldown from summary reports to the transaction detail
٠ Consolidated reports
٠ Schedule reports to run at any time
٠ Easy distribution by multiple methods (print, e-mail, website, electronic files, etc.)
٠ Link to most popular accounting packages
٠ Link to Excel files
٠ Multiple organizational levels, both summary and detail
٠ Easy customizing for YOUR business

Get an overview of Microsoft FRx 6.7…

Microsoft FRx gives companies a highly responsive reporting system to help increase your confidence in the accuracy and timeliness of your data. You'll also help improve overall operational efficiency by accelerating insight, analysis, and decision-making.

Timesaver

Give your people access to the right information on a scheduled basis or on-the-fly. Microsoft FRx helps different levels of management prepare quick and accurate financial reports, giving them extra time to test assumptions, perform what-if scenarios, and experiment with different reporting structures. Close books faster and quickly distribute information tailored to the needs of your staff. Distribute financial reports quickly and easily. You can also use Microsoft Outlook to save time and money by eliminating the need to print, copy, and distribute hardcopy financial reports.

Ease of Use

Microsoft FRx helps improve management’s workload by providing easy-to-understand reports that make financial analysis and tracking simple and clear. With Microsoft FRx, your people can define, generate, view, distribute, and manage financial reports from their desktops with little or no help from technical staff. Consumers of the information can answer their own questions by "drilling down" on information, all the way to the transaction detail level.

Low Total Cost of Ownership (TCO)

Providing reporting and analytics software that works with systems you already use to help your people work more effectively will help ensure a quick return on your IT investments. Microsoft FRx not only extends the life of older but functional accounting systems but also easily adapts to changes such as corporate restructuring, mergers, and acquisitions.

Worldwide, chief financial officers (CFOs) are being held more accountable by their boards and investors than ever before.

Although regulations have made it easier to make sense of company information, it's also made preparing financial reports more difficult and time-consuming. This increases the possibility of mistakes, errors, and missed deadlines.

In addition, decision-makers are now making demands for new financial reports, financial projections, what-if scenarios, financial and trend analysis, as well as tracking all the company's diverse activities. CFOs have the feeling that there’s either no time to accommodate all these requests or that the company reporting tool simply can’t respond to the requests.

As finance managers are pushed and pulled in new directions by regulatory requirements and managerial demands, they are feeling that the control they used to have over the financial reporting process and their strategic role in corporate decision-making is slipping away.

Ten Top Mandates for a New Reporting Era

Today's guidelines for financial reporting call for the highest possible level of accuracy, speed, and competency. Here are the top ways to meet the demands of a new reporting era:

1. Guarantee corporate integrity by ensuring consistency with numbers and transparency across the organization. This includes finding ways to facilitate the gathering and reporting of accurate information.

2. Promote greater collaboration and communication among different departments, putting an end to the "silo" mentality that keeps data in separate places and prevents applications—and people—from sharing up-to-date information.

3. Increase business insight inside the company, so virtually any employee can identify a mistake or questionable activity before it becomes a major issue.

4. Provide better information management by ensuring that everyone involved in the company's governance processes is knowledgeable and informed. This includes enhancing the board’s understanding of how the company reports financials (that is, what the numbers mean and what metrics are supported by the numbers).

5. Empower your employees with a heightened responsibility for detecting and correcting financial reporting anomalies, inaccuracies, and omissions.

6. Improve relationships with investors by providing a better picture of non-financial performance in areas such as productivity levels, operational quality, overhead, customer satisfaction and loyalty, work-force loyalty, the level of innovation within the company, the value of its brand names, and more. Ideally, CFOs will gain greater business insight into what interested parties really want to know and then articulate that information to them, helping to build credibility while maintaining control over strategic information.

7. Install a tighter system of checks and balances to reduce the chance of errors. Maintain accuracy and integrity in an environment where shared responsibility requires additional controls.

8. Empower budget-makers with technological tools that help increase their budgeting/forecasting accuracy.

9. Implement financial software to help strengthen controls within business units.

10. Improve collaboration with investors by communicating consistently and frequently.