There are a number of reasons to invest in a great enterprise resource planning (ERP) system as a business develops. From more targeted inventory tracking to better human resource management, software that is developed specifically for your business can help you reduce bottlenecks, identify opportunities, and increase growth.
One of the areas that an ERP like MYOB Exo can really help a company shine is its impressive reporting capabilities. How can one piece of software save your business time, effort, and confusion? Let’s explore the reporting capabilities of MYOB Exo.
One of the greatest benefits of MYOB Exo is the availability of different facets of the software and add-ons that work seamlessly together – such as accounting, point-of-sale, job costing, payroll and stock control to name just a few.
This gives you the ability to generate unified reports that pull information from all the different areas of your business. This might enable you, for example, to cross reference POS and stock, or sales and debtor tracking.
The reporting capabilities of MYOB Exo, however, are advanced even for an ERP of its class. From the core software, MYOB Exo offers deep diving reports on creditors, debtors, taxes, sales, and a variety of other pieces of information that might be necessary for your business.
MYOB Exo also offers a variety of ways to see the reports you run. You can view the report in your system, which is a great way to preview the information and make sure it’s showing the data you need in the way that you intended. For a report that you need to manipulate externally, you can have MYOB Exo save the report to an Excel file, then open it and manipulate the data in Office. Or, if you know exactly what you need, you can have the ERP use its first class reporting capabilities to email the report directly to the intended recipient.
Unique to the MYOB Exo brand is the Analytics report. Analytics is an add-on module which allows business owners to see exactly what is happening with the deepest level of their business. Analytics takes data snapshots at set times from various points in the software, and then collates that data in different graphic displays.
MYOB Exo also offers the Clarity Report Browser and Designer. Most of the above reports have already been created and are built into the software package, but Clarity assures the business owner that there will never be a report they need that can’t be created. By using drop down menus and easy selection tools, the user can compare virtually any data elements from within their company.
If there’s a report you need, and it isn’t natively available in MYOB Exo, you can partner with your Horizon support team to get it created. Horizon has worked with MYOB Exo since it’s inception as Exonet (for over a decade!), and has the kind of in-depth product knowledge that makes creating a custom add-on for your company’s needs both efficient and cost effective. The HBiz Development Team at Horizon is intimately familiar with not just the accounting and financial side of running a business, but also the intricacies of marketing and operations functions. They can help you get what you need out of the software, so that you can get back to work.
If you want to take advantage of the ability to customise your MYOB Exo software, there’s no one better at it than Horizon; that’s why we earned MYOB’s Enterprise Platinum Partner of the Year status. Find out more about our team, or review our client testimonials, and then get in touch to find out what we can do to help your business access the full reporting capabilities of MYOB Exo. Contact us here!
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