Multidimensional Multicompany Reporting for SAP Business One

SAP B1 delivers first class ERP software

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. Good examples of these types of dimensions are items like Company, Division, Business Unit, Region, and Account code. Additionally, when you want to do margin (or any other operational) reporting out of the GL, you might also need to capture data such as Product, Customer, Vendor, and Employee.

SAP B1 provides multi level reporting

To take advantage of all of this data and these dimensions to get the business insight you need, you need a multidimensional reporting and enquiry tool – like FastClose – which runs in real-time right out of the SAP database.

However, SAP Business One stores each company in a separate instance which can make consolidated reporting across companies a challenge. FastClose solves this, connecting to all your instances simultaneously, allowing you to consolidate data from many databases into a single report.

With SAP automatically posting as you raise an invoice or process a purchase order the amount of data created is immense.

You might want to analyse the GL sales account by both product and customer. In SAP Business One, these analysis dimensions are known as cost centres. SAP B1 provides 5 of these, plenty of scope for analysis.

How does FastClose actually solve problems and create value?

When building SAP Business One reports, FastClose can not only drill down to the detailed GL transactions but it can go even further… something we call drill around. For example, from the detailed journal, using an AR invoice number, you can drill first to that subledger and then on to the original sales order. Management teams need to get to this data, and the month end gets slowed down massively if they don’t have a tool like FastClose.

FastClose delivers access to a broad array of templates spanning the full spectrum of SAP Business One Reporting and Financial Reporting functionality:

FastClose delivers access to a broad array of templates

We use FastClose in so many different areas of reporting that it’s hard to quantify all the savings that we make. We know we save at least £10k per annum in accounting time on our corporate monthly management pack but that is just one area of use. We also use it in Cashflow, AR, inventory etc… FastClose has paid for itself many times over.

Dan – Quixant

Many SAP Business One customers never make use of this amazing data asset because they lack software, such as FastClose, to harness it.

FastClose are delighted to be a part of the SAP® PartnerEdge® Open Ecosystem: Build program.

Solution

01

Designer

Exacting reports at your fingertips

02

Read & navigate

Follow the money

03

Excel add in

Combine reports to build models

04

Analytics

Dasboards & Visualisation

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Get started

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.

Contact us

To arrange installation and connection to your Epicor instances

Installation

FastClose can be installed and connected to your SAP Business One instances, complete with out-of-the-box content in around 40 minutes.

Up and running

Users immediately benefit from out-of-the-box content in the "Read & Drill" and Excel Addin products.

Partnership

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.

FastClose clients