Join Microsoft MVP Belinda Allen as she presents alternatives to the traditional cash flow and financial statements using Microsoft Power BI and GP data in this two part Better Financials Webinar Series.
One of the first things we all learn in Business 101 is that Cash is needed to operate a business. We also learned that being Profitable does not mean you have cash in the bank. Have you ever really looked at the traditional cash flow statement? It’s supposed to provide information about gross receipts and gross payments. Does it really do that? Attend this webinar and see Belinda present alternatives to the traditional cash flow statement and cash flow analysis using Microsoft Power BI and GP data.
In almost 28 years of working with Microsoft Dynamics GP customers, the formatting for P&L and Balance Sheets has not changed. Sure, some people look at each month side by side, others compare to budget or previous years, but the format varies very little. How many people in your organization receive a copy of these statements, but do not know how to read the data? Can they really obtain useful information that provides sound decisions to make your company more profitable?
The traditional format will always be needed, but for operations perhaps there is a more insightful way to really “see” your data.