Microsoft FRx

Many midsize businesses face the challenges of keeping pace with changing needs, while still using legacy systems that require redundant entry and manual tasks. Rapid growth and evolving markets, often coupled with antiquated systems, makes it difficult to meet monthly, quarterly, and yearly financial reporting deadlines. The struggle to close the books faster can result in inaccurate entries and lack of time to spend analyzing financial data. Ever-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.

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Product Overview:

Microsoft FRx is an industry-leading, automated financial reporting and analysis application for small and midsize businesses, large corporations, and divisions of global enterprises. It is licensed by more than 130,000 sites worldwide to gain immediate control of the financial reporting process.

Microsoft FRx helps you to create the kind of financial reports your organization requires, when you want them, with the detail and flexibility you need to stay on top of the trends in your business. This means everyone can work more efficiently; you can close the books faster, and distribute critical financial information more effectively. Even more important, Microsoft FRx helps finance departments contribute more strategically to the success of their organizations by helping to enable stronger financial thinking and better-informed decisions. Download the brochure for more information.

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Let Microsoft FRx  improve  your orginization by:

• Improving operational efficiency: Give your people the tools they need to do their jobs well and increase their productivity. Microsoft FRx makes everyone more productive and effective. It 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. Business insight helps consumers both inside and outside of your organization answer their own questions about data by drilling down all the way to the transaction detail level, perform necessary analysis, and make better, more informed decisions.

• Streamlining the flow of information: With Microsoft FRx, the delivery method of your financial reports can be as versatile and customized as the information that they contain. 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.

• Get the right information to the right people Imagine never having to answer the question "Where did this number come from?" again. 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.

• Discover trends in your business With Microsoft FRx, you always know where your organization stands financially. You can make important, proactive 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 to facilitate the timely analysis that today's turbulent market demands.

• 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. Depending upon the general ledger that you use, Microsoft Forecaster can work with or without Microsoft FRx to take your company to the next level in financial effectiveness.
  

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