Introducing Management Reporter

Management Reporter (MR) is Microsoft's Corporate Performance Management (CPM) platform for its Dynamics ERP solutions. It has been available for Dynamics GP2010 for about a month (See Microsoft's official Press Release).

CPM is a Business Intelligence (BI) capability area covering:

• financial reporting,
• consolidations,
• planning,
• budgeting and
• forecasting

In short, MR is FRx on steroids! In fact, MR is much more than that. It is more than a new graphical user interface, the entire product has been rebuilt from the back end (how it accesses data) to the front end (the user interface). It is the foundation upon which the future of Microsoft's CPM solutions will be built and that is very exciting!
MR effectively replaces FRx for users on Dynamics GP2010 and above. However, some advanced FRx reporting design capabilities are slated to be delivered in the fall of 2010, so not every FRx installation can migrate to MR today. Remember, patience is a virtue!
If you're worried about migrating from FRx to MR, don't be, because Microsoft has built a migration path/tool. Of course, each situation is unique and some manual updating of reports may be requried in some circumstances.
In case you are wondering, MR is currently slated to encompass the planning, budgeting and forecasting capabilties of Microsoft Forecaster by 2011, thus effectively replacing that product as well. As with FRx, a migration path will be available. So, your current investment is safe!
A final word of praise for FRx... FRx has been the industry leading financial reporting package for nearly 20 years. I think we all agree that it is a great product, but it is based on old technology and I think we can also agree that it needs more than just a facelift to carry it into the future. That, together with Microsoft's vision to build the industry leading CPM solution on a common platform, is essentially the raison d'être for Management Reporter.
Warning: Management Reporter may cause financial report designers to renew their excitement for creating financial reports.