See how the InsightSoftware.com user productivity reporting in inquiry tool achieves success at Majestic Realty Co., solving information and reporting challenges.
1. Unlock The Untapped
Potential Within Your ERP
Presented by:
Melissa Penfield, Majestic Realty Company
Phil Walton, InsightSoftware.com
2. There is an elephant in the room
Why do
you need
so many
reports?
“Those in the room who pretend the elephant is
not there might be concerning themselves with
relatively small and even irrelevant matters,
compared to the looming big one.”
3. Be More Ambitious Than Just
Reporting
Driving Enterprise-Wide Productivity & Profitability
4. Optimize Your Performance
Insight™ Benefits
• Built for business/end users
• Quick install
• Real time information
• Built in “ERP Smarts”
• Exceptional performance
• Inherits ERP security
• Improves efficiency
• No additional IT infrastructure
• 100s of prebuilt SmartViews™
• Immediate value and results
5.
6.
7. Market Position- Total Cost of
Ownership (TCO)TCO
Lowest
vs. Time to Benefit
Insight Software is
one of four “Cool
Vendors” in 2008
Insight - Gartner Group
Greater than 1 year
Less than 30 days
Spreadsheet Plug-ins
Time to Benefit
Time to Benefit
Report Development Tools
Traditional BI Tools1
Highest TCO
1Timeto Benefit and TCO for BI based on BASE Consulting Group Article, Calculating ROI for BI Projects
• TCO Includes BI License, ETL License, Servers, Consulting, Ongoing IT Development & Maintenance
8. Why not BI?
• Lengthy and costly implementation
• Costly ongoing IT/developer resources required
• Not Real Time – Lengthy update process (generally
24 hours)
• Data & Views can become out of sync with the ERP
– integrity issues
• Report creation/edits require developer resources
• Users still require data dumps to Excel* to augment
information gaps
• Auditing and Sarbanes-Oxley issues
*“When it comes to BI, no option has been more deployed than
integration with Microsoft Excel. 57%, say they've implemented
desktop integration [to Excel]- Information Week, September 8, 2008
- Smart Stuff: The State Of Business Intelligence,
9. Why Not Traditional Reports?
• Static reports do not keep up with
requirements of an agile business
• Very costly to develop reports
• Often takes weeks or months to develop
reports
• Requires costly development & IT staff to
maintain and create new reports
• Users still require data dumps to Excel to
augment information gaps
10. Why Not Spreadsheets?
• 95% of spreadsheets contain at least 1 error (KPMG white
paper)
• Results can be manually adjusted - no audit trail on what’s
changed
• Can easily be proliferated without security both internally &
externally
• Many local copies are created, which is the correct
version?
• Difficult to manage if the person who wrote them leaves
• No Control: Who publishes what/when? Multiple versions
of the truth!
• Plug-in solutions require ongoing IT involvement to define
table mappings and joins.
• Auditing and Sarbanes-Oxley issues
11. What Is Needed?
• Users create and edit reports
• Users create ad-hoc, real-time inquiries
• ERP security is honored
• Manages integrity resolution
• Single source of the truth
• Drives compliance with Sarbanes-Oxley
• Summary and detail data is available
• Prebuilt Optimization Solutions drive demonstrated economic
benefit
• Delivers business benefit within days/weeks
• Low total cost of ownership
12. Rapid Time to Benefit
• Built for JD Edwards EnterpriseOne & World
• Allows end-users to create ad-hoc inquiries
and reports
• Easy to learn, easy to use (2-3 days of
training)
• Accesses data real time (no staging or
delay)
• Easy to install/configure (2 hour install)
• Exceptional performance
• Enterprise tool that leverages JDE security
• Users can easily (immediately) share reports
and inquiries
13. A Success Story
• Melissa Penfield
• Director of Business Systems
• Business / Accounting background
• Former World/E1 consultant
14. Majestic Realty
• Headquarters: City of Industry (Greater LA Area)
• Largest Private Commercial Developer
• Vertically Integrated
• Acquire: Land Acquisition, Entitlement
• Develop: Commerce Construction Co.
• Manage: Majestic Management Co
• Industrial, Office, Retail
• Remote offices across US
15. Technology
• EnterpriseOne 8.12 Tools 8.98.3.3
• Financials, Project Costing, Real Estate
• Blue Stack
• BI Publisher Desktop (Invoices, Checks)
• Microsoft BI & Dynamics CRM
• Cisco, IBM Blades, VMWare
Oh yeah – 200+ Custom ERW Reports !
18. Beyond JD Edwards-
so JDE doesn’t solve everything?
• Yes and No
• ERW is a powerful tool
• But it is a developer tool
• Not nimble, Not ad hoc
• Lives in I.T.
19. Post Implementation Commentary
Separate screens for How do I
invoices and cash? retrieve a report
Takes too long! again???
Report changes and ERW ≠
requests require User Friendly
Programmer Expertise
20. What The Insight Software Suite means to us
• Began with a need soon after implementation – AR
Combined Inquiry
• Solves ERP Information Challenges
• Grew to be our “Can’t Live Without” Application
• THEME = Streamline Business Processes to Achieve
Operational Efficiencies
• Surprise Benefits – Inquiry Tool, Integrity Tool
• The InsightSoftware Company is very collaborative
and responsive
21. Quotes from those who use it most
My AR issues are solved! And I find my
Insight has become
GL details quickly. The ease of running
reports on the fly by any category code is
my team’s “Go To”
wonderful. In JDE inquiries I have to key tool.
in the business units one by one which is VP of Property
much more time consuming. Management
Regional Property Manager
Searching for many vouchers GL
Coding –I go to many screens one
by one. With Insight I quickly
It helps especially for located all coding in one search.
auditor requirements.
Project Accountant In short, it is a must-have
software that compliments JDE
Project Accountant
22. More comments…
I enjoy Insight very much. It is user friendly and quick with my requests.
Assistant Property Manager
It is a real time saver. I utilize it on a daily basis looking up and comparing
prior year expenses to current year. With Insight I’m able to find it with just a
couple of clicks. In JDE it can be very time consuming.
Regional Property Manager
When I download reports from JDE to Excel I have to spend a lot of time
formatting. When I download a report from Console to Excel it is already
formatted. When you run hundreds of reports for auditors this becomes an
enormous timesaver.
Controller – Investment Properties
23. Focus on Analysis- Not
Assembling Data
• Combined AR and AP Inquiries
• Consolidated Partnership Financial Statements
• Auditor requests – Saves Accounting and IT an
estimated 120 hours twice a year
• Daily Cash Log – saves accounting 10 hours PER DAY
• Delinquency Report – saves accounting 20 hours per
month
• 1099 Data Analysis Inquiries
24. Examples of Areas of
Opportunity
• Summary and Detail Reports (Report Packs)
• Consolidation Reports, Nimble Comparisons
• Any spreadsheets being used to compile and
present data
• Problem JDE reports – redo them in Insight.
• Using a new category code? No problem.
• Integrity checking
• JDE Upgrades
• Many more…
25. System Support and Maintenance
• = VERY low maintenance for I.T.
• Uses a small SQL database to house inquiries and
settings
• Administration Tool Provided, easy to use
• Inherits JDE Security Settings, Import Users from
JDE
• Easy/Fast upgrades (I do them!)
• Support website for logging questions / issues
• Insight team – very accessible and responsive
26. Insight Reporting Welcome Screen
User Friendly Welcome
Screen
• Open Inquiries from
here
• Access Favorites
• Open Report Packs
• Click on ‘Recents’
27. 1-Click PDF
Click a Button
1-Click
Double- Excel
click to Drill Download
Down
28. Click ‘New’
• Many templates
provided
Add your:
• Logo
• Filters and Layout
• Titles
• Drill downs
• …and more.
30. Other Features We Like
• Users save sets of filters and apply to other inquiries
• Visual Indicators
• Stop-lighting, ranking, calculations, charting
• User doesn’t need JDE file names or field aliases
• IT not needed for ‘report’ deployment or security
32. Pivot on Cat Code, Company…
•Pivot on an item to display it as
columns instead of rows
•Here, we add in BU Cat Code 21
•The same report is blown out
with more detail with one
simple change
