Thursday, August 23, 2012

Budgeting in Management Reporter

It has been over two years now since Management Reporter 2 was released and available for Microsoft Dynamics GP - its hard to believe!  Click here to see my first blog post on the subject.

Microsoft's original road map showed budgeting and forecasting built into Management Reporter in two stages:
  • Simple budgeting in 2012
  • Complex budgeting in 2014
Obviously a roadmap is highly subject to change and at this point in the game, Microsoft is still in the planning stages.  While this may cause uncertainty for users who are holding out for this functionality to be added to MR, lets hope that our wait is worth it in as far as the future functionality delivered in MR.

According to my Linked In poll here, the majority of MR users want to see budgeting as the next feature, followed up by integration with sub-ledgers rather than just the GL.

Since all the Dynamics ERP solutions have basic budgeting features, perhaps Microsoft's strategy has changed to hold-off and just deliver features that surpass Microsoft Forecaster rather than introduce basic budgeting and forecasting.

Either way, if you or your organization is looking for a unified CPM solution that handles all budgeting, forecasting, reporting and analysis in one place today, look no further than Prophix CPM.  Click here for more information on its advanced capabilities.  Your budget contributors, financial analysts and their spouses or significant others will thank you!