With no-code access to real-time data feeds, insightsoftware simplifies, accelerates, and strengthens reporting options for Infor FSM customers directly in Excel
insightsoftware, a global provider of reporting, analytics, and performance management solutions, announced the integration of Spreadsheet Server with Infor Financials and Supply Management (FSM). Spreadsheet Server now empowers Infor FSM users to do more with less by streamlining reporting from all data sources to close books more quickly, shrink planning cycles, and accelerate the creation of customized reports. It grants finance teams more control over Infor FSM reporting and ultimately empowers them to spend less time preparing the data and more time deriving new insights.
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“As organizations continue to navigate uncertain markets, they become increasingly reliant on accurate forecasts and reporting to help guide critical business decisions. Unfortunately, such reporting can become a heavy burden on finance teams who are encouraged now more than ever to accomplish more with limited resources”
Spreadsheet Server is an intuitive Microsoft Excel add-in that integrates with 140+ on-premises and cloud-based data sources – without requiring any IT expertise – to provide users with direct access to their live data in Excel for reporting and analysis. By bridging the gap between company data and insightful reporting, Spreadsheet Server saves users time with streamlined analytic processes in a secure environment. Spreadsheet Server allows an organization to leverage its finance team’s existing Excel skills to mix GL and non-GL data in a single report, easily drill down to subledger detail, and even automate report distribution.
“As organizations continue to navigate uncertain markets, they become increasingly reliant on accurate forecasts and reporting to help guide critical business decisions. Unfortunately, such reporting can become a heavy burden on finance teams who are encouraged now more than ever to accomplish more with limited resources,” said Josh Schauer, VP of Finance at insightsoftware. “By streamlining the creation of new analytics reports, finance teams can become more proactive and agile in adapting to changing market conditions, improving the overall resiliency of business operations. The integration of Spreadsheet Server with Infor FSM ERP enables finance professionals to harness the power of actionable, real-time data to ensure organizational growth in any economic environment.”
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Infor FSM, the cloud-based successor to Infor Lawson, delivers end-to-end enterprise resource planning (ERP) financial and accounting capabilities through a flexible, granular global ledger (GL). With an enormous amount of data at their fingertips, finance users must explore different methods of reporting and analysis that go beyond what standard reports can offer. In many cases, this means using Excel – despite the mounting time requirements of manual data exports and the unnecessary risks presented when moving ERP data to an Excel spreadsheet.
insightsoftware extends the reporting options available to Infor FSM customers directly in Excel, without relying on IT or resorting to manual data dumps. This is especially significant when recent data from insightsoftware and Hanover Research indicate that 63% of IT decision-makers find that finance is either very- or over-reliant on the IT department for operational reporting, causing delays that take away time slated for valuable analysis. With a real-time connection to a user’s Infor FSM data, coupled with intuitive formula-based functions and existing Excel skills, finance teams can create any report they deem necessary.
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