Mark Polino's Blog, page 272

January 24, 2012

Accounting Best Practices Podcast

Episode 135 of the Accounting Best Practices podcast looks at Fine Tuning Your Control process. It's worth a listen. You can have too many controls, to few controls or just the wrong controls. Frankly if you're looking at controls with any of the Dynamics ERP products, listen to the podcast and then look at FastPath's Assure product.



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Published on January 24, 2012 06:00

January 23, 2012

Imagine There is No Excel

A recent CFO.com headline asked us to Imagine there is No Excel. The article goes on to discuss how companies are dealing with analytics and the rise of big data.The beauty of Excel is not just it's power and ease of use but it's ubiquity. You can't throw a rock in a Finance or Accounting department without hitting an Excel spreadsheet so it's not going to go quietly into the night.

The CFO.com article touches on analysis products for big companies (Hyperion, Cognos) and for startups (QuickBooks users) but curiously leave out mid-sized companies.

I've been spending time lately with deFacto Performance Management and frankly, it does a great job of tackling many of the items discussed in the article for mid-sized firms.

deFacto is integrated corporate reporting, budgeting, forecasting and planning including consolidations and eliminations. The interface isn't "Excel-Like" the interface IS Excel tied to SQL analytics for nice mix of power and simplicity. deFacto compares very nicely to the Hyperions and Cognoses of the world without the budget blowing price tag and ridiculously long project times. Plus it integrates well with Dynamics GP and Dynamics AX.

We like it so much that we're using it in house at I.B.I.S. I expect that you'll hear more from me about this subject soon but if you're looking for serious Corporate Performance Management for GP or AX you need to look at deFacto.

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Published on January 23, 2012 07:00

Weekly Dynamic: Microsoft Convergence 2012: A Space Odyssey

My new short story Microsoft Convergence 2012: A Space Odyssey has not seen the download volume I was hoping for, even though the PDF version is free. I'm thinking that's because it's behind a registration page.  I really think you'll like this so I'm going to make it freely available without registration.

The premise of the story is:

An alien recon ship has arrived to set the stage for the conquest of Earth. They want Earth for it's resources, slave labor and advanced accounting knowledge. As part of the recon they send a spy to infiltrate Microsoft's Convergence 2012 conference. At the conference the alien spy discovers the full reach of Microsoft Dynamics GP and the power of community. Will it be enough to save Earth? 

Don't worry you'll get a chuckle and I'm hoping you like the twist at the end. Feel free to share it with friends.

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Published on January 23, 2012 06:00

January 19, 2012