Learn How To Boost Your Revenue

One of the best features an ERP system offers is Analytics! If you want smart solutions for your business then you would be glad to know that there are many easy and effective ways to analyze data and create reports. ERP systems come with an array of analytical tools however, there are situations where using technology to analyze data can be complicated.

ERP System To Generate Reports is very important because through synchronization and automation you can reap significant benefits. While choosing ERP systems choose the one which offers these features:

Interactive Reports:

It is one of the most important features of an ERP system. Because, these reports allow you to view and arrange your data in any format. Using this feature you can create your reports in the forms of charts and graphs of various kinds including stacked bar graphs, pie charts and heat maps, etc.

Ranking Reports

An ERP system that comes with an option for ranking reports allows you to make accurate predictions regarding your operation. Using this feature you can assess the strength and weaknesses of your business. You can generate reports regarding product performance and other performance types.

Web Pivot Tables

This feature lets you arrange your data from any angle. Using this feature you can analyze your data and draw comparisons to assess emerging and existing trends which can be beneficial to your business.

Operational reports

This feature in an ERP system creates reports based on real-time data. It allows you to see what is happening here and now.

Analytical Reporting

This feature allows you to create reports of past activities. You can generate daily, weekly, fortnightly, or monthly reports to assess the strengths and weaknesses of your business.

Cross tab reporting

This feature allows you to create a matrix of your data so you can compare and summarize selected data to assess your business activities.

Self-service reporting

It is one of the most important features of an ERP system. This feature allows employees outside the tech department to assess and understand reports. It gives all employees of an organization a chance to analyze data.

Dashboard reporting

If you want a comprehensive report of your operations, dashboard reporting is your right fit. This feature allows owners to assess critical data with the help of diagrams, graphs, and maps. It is one of the most important features of an ERP system.

FAQs

Q1. What types of reports can be generated from an ERP system?

An ERP (Enterprise Resource Planning) system can be used to generate a variety of reports, such as financial reports, sales reports, and inventory reports. These reports can be used to analyze data and make informed business decisions.

Q2. How can I customize the generated by my ERP system?

ERP systems typically have a built-in report customization feature that allows users to select specific data fields, filters, and layout options. Some ERP systems also allow for the creation of custom reports using SQL or other programming languages.

Q3. Can I schedule reports to be generated automatically?

Many ERP systems have the capability to schedule reports to be generated automatically at specific intervals. This allows users to receive the reports they need on a regular basis without having to manually generate them each time.

Q4. Can I export reports to different file formats?

ERP systems generally have the ability to export reports to various file formats such as PDF, Excel, CSV, etc.

Q5. Can multiple users access the report generation feature?

ERP systems usually have user management features that allow for different levels of access to the report generation feature. This means that multiple users can access the feature, but their access levels can be restricted based on their roles and responsibilities.

Q6. How can I ensure the data in my reports is accurate?

ERP systems use data from multiple sources, such as accounting, inventory, and sales systems, which helps to ensure the accuracy of the data in the reports generated. Additionally, many ERP systems have built-in data validation and error-checking features. It is important to regularly review the data and reports, and take appropriate action to correct any errors or inconsistencies.