Microsoft FRx Overview - provide insight into your business by helping you gain control of your financial reporting and analysis process.
Today's economy makes it difficult to meet monthly, quarterly, and yearly financial reporting deadlines. Closing the books faster can result in inaccurate entries and lack of time to spend analyzing financial data. Changing report requirements, dependence upon your over-burdened Microsoft Office Excel specialist or information technology (IT) department, and the extra stress that is associated with accommodating all of those last-minute requests for new, customized financial reports can impact your ability to deliver the best and most accurate information on time.
Give your people insight into your buisness
Microsoft FRx can help make financial reporting and analysis easy, fast and accurate.
Screen Illustration: A simple user interface based on a unique building-block approach helps individually quickly create reports from existing or new components consisting of row formats, column layouts or reporting trees.
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Screen Illustration: Using one of many customizable report templates, you can quickly get started creating relevant financial reports—with little help from IT resources or other technical personnel.
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Improve operational efficiency
Microsoft FRx makes it easy to provide comprehensive, timely, and relevant financial reports with up-to-the minute information on a scheduled basis or in an instant. Gain business insight by drilling down all the way to the transaction detail level, perform necessary analysis, and make better, more informed decisions.
Streamline the flow of information
Without having to connect to your general ledger, you can choose from a variety of traditional or graphical output options, including Excel, FRx DrillDown Viewer, online analytical processing (OLAP), or extensible business reporting language (XBRL) instance documents. Then post your reports to a secure Intranet site or e-mail them to be accessed immediately by onsite and offsite users alike, saving time and money in the process.
Screen illustration: Using the FRx DrillDown Viewer, reports can be delivered via email and users can access their financial reports without a connection to the general ledger.
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Get the right information to the right people
With Microsoft FRx, your people are empowered to do their own investigation by drilling down to transaction detail-level information from a single summary report. You can generate a single, comprehensive report, and easily send it to all report reviewers. Because security rights are predefined at the Reporting Tree level, each recipient can access only the information that is appropriate to their viewing rights.
Screen illustration: FRx DrillDown Viewer provides flexible reporting with the ability to drill down to transaction level details while maintaining the security you need over the data.
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Discover trends in your business
You always know where your organization stands financially, with Microsoft FRx. You can make decisions to address your economic highs and lows, without having to wait until the books are closed. Financials reports of all types can be accessed from the Report Catalog, updated with the relevant reporting date, generated using a variety of traditional or graphical output options, and then distributed to decision makers through a secure Intranet site or through e-mail.
Screen illustration: The report catalog is where the building blocks used in the report are selected, various report settings are made, and the output type determined. Email and web options are also defined in the report catalog for automatic distribution.
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Optimize your general ledger system
Because Microsoft FRx can be integrated with many of the leading general ledgers on the market, you can leverage the investment you've already made in your general ledger, and add on increased functionality as your needs become more sophisticated. In fact, Microsoft Forecaster, a dedicated budgeting and planning application, is also available to you. Microsoft Forecaster can work with or without Microsoft FRx to take your company to the next level in financial effectiveness.