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"We're helping the finance teams become more strategic partners within the organization, helping them with tools, getting the data, being able to build models more quickly, and being able to share. Essentially, prioritising strategic thinking at the seat."
— John Miller, VP of Product Management at insightsoftware
In this episode of the Don't Panic It's Just Data podcast, Christina Stathopoulos talks with Miller and Michael Wiley, Sr. Product Manager of Spreadsheet Server. They discuss the challenges and solutions in financial reporting, focusing on real-time reporting from ERP systems to Excel.
The discussion covers the current state of financial reporting, the obstacles finance departments encounter, and how tools like Spreadsheet Server can help. Such tools allow finance teams to become strategic partners in their organizations. The conversation also shares real-world applications and case studies, showing how these solutions affect efficiency and decision-making.
Access to real-time financial data is no longer a luxury but a necessity. Despite this, many finance teams face significant delays that restrict timely decision-making.
"ERPs do a fantastic job with organizing data, classifying it, structuring it, but then the reality is you want to then grab that data, pull it out and put it in a meaningful format," expressed Wiley.
Imagine an Excel-based reporting solution that connects you to your ERP, providing dynamic reports that refresh with the click of a button.
"Spreadsheet Server is your bridge. It connects you from your ERP to Excel in a dynamic fashion. You can leverage, drill down and dive into details without having to reinvent the wheel all the time."
Finance teams are looking to become strategic partners within organizations.
Automation can significantly reduce time spent on repetitive tasks.
Understanding user needs is crucial for selecting the right technology.
Evaluating time spent on tasks can reveal opportunities for improvement.
Spreadsheet Server connects ERP data to Excel dynamically.
Real-world examples illustrate efficiency gained with Spreadsheet Server.
The complexity of data reporting requires multi-source integration.
Optimizing processes can lead to better decision-making and efficiency.
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