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As a powerful ERP, SAP Business One offers up to 10 segments to describe your business transactions out of the box; these are the dimensions that you measure your business by, including items such as Company, Division, Business Unit, Region, and Account code. Additionally, should you want to do margin (or other operational) reporting out of the GL, it is possible to further categorise your data to report by Product, Customer, Vendor, and Employee.
To take advantage of these dimensions and get the business insight you need, requires a multidimensional reporting and enquiry tool such as FastClose, which runs in real-time right out of the SAP Business One database.
FastClose’s guiding principle is to make life really easy for the end user, empowering them to create their own reports, unburdening the IT team of reporting tasks and getting the business as a whole, up and reporting as fast as possible. To this end, it ships with pre-built templates and solutions for P&L’s, Balance Sheets as well as more specific problems such as Customer or Product Margin reporting, out of the box, which a user can then adapt in minutes to their own needs.
Given FastClose can be installed and running in as little as 40 minutes on a free trial, why wait to bring your data to life?
But the pre-built content doesn’t stop there with templates for Inventory, Sales Analysis, AP & AR Invoicing and Purchase & Sales orders. This, combined with cross company, multi-currency consolidation – makes consolidated group reporting easier that you would believe.
Now, because SAP Business One actually stores each company in a separate database instance, for most SAP Business One reporting tools this would make consolidated group reporting across entities a real challenge. But not for FastClose, which connects to all instances simultaneously, making it possible to combine and consolidate data from many companies into a report in real time with absolute ease. With our Excel Addin, these can be also be consumed live in Excel. This even includes drillable aged debt and statement reporting in AR and AP, both live and “as-of” going far beyond the static pdf SAP Business One reports supplied natively.
Nor is FastClose limited to simple navigations such as drilling from a consolidated P&L number to see the detailed GL transactions beneath. It can go much further using something we call “drill anywhere” which makes it possible to surf the live numbers from subsystem to subsystem.
For example, to drill from a detailed GL journal, to the AR invoice that caused it and then on to the original sales order – interactively, in moments. Both operational and management teams need to get to this data and the month end gets slowed down greatly if they don’t have a tool like FastClose.
FastClose ships with a broad array of templates spanning the full spectrum of SAP Business One Reporting and Financial Reporting functionality across GL, AR, AP, Sales and Purchase Order processing and Inventory out of the box.
Many SAP Business One customers never make use of this amazing data asset because they lack the SAP B1 reporting tools, such as FastClose, to harness it.
FastClose are delighted to be a part of the SAP® PartnerEdge® Open Ecosystem: Build program.
Pull data and lay it out as you wish, style to get the right look and feel. Create new insight through the use of calculations, hierarchies and other power features. Organize data for planning activities. Publish for use in Excel or by Web users.
Find out more about the power reporting features in Designer.
With installation and configuration possible in as little as 40 minutes, contact us and we will connect you with one of our implementation partners (if one exists for your area), or get you up and running ourselves.
FastClose can be installed and connected to your SAP Business One instances, complete with out-of-the-box content in around 40 minutes.
Users immediately benefit from out-of-the-box content in the "Read & Drill" and Excel Addin products.
There will inevitably be reporting needs that are specific to the way you do business. Whilst creating your own FastClose reports isn't hard, we recognise that smaller teams often don't have the time to spend on a new tool.
With "FastCose Designer" your SAP implementation partner can build out and deploy new reporting content to your requirements rapidly. And if your team subsequently have a bit more time they too can discover the flexibility and power of "FastClose Designer" for themselves.
Ochiba
For over a decade Ochiba Business Solutions have been creating innovative, industry-specific solutions for our customers with the world’s leading ERP solution, SAP Business One. SAP Business One is affordable, intuitive, adaptable and easy-to-use business management software, designed specifically for small and medium-sized businesses. It enables you to manage all your business functions with a single integrated system.
Our Ochiba OPTIONS range of modules enhances SAP Business One to address the unique requirements of the industries we serve.
As a leading UK SAP Gold Partner, we have the knowledge, expertise and solutions to maximise your investment in SAP Business One.
