Did you know that second only to email, Excel is the tool business users use the most every single day? With over 500 million users, Excel is the #1 reporting and analysis tool used globally. But, many business utilize Excel to analyze data and use other solutions to produce executive dashboards – why waste your time copying and pasting? Just by taking a few additional steps, anyone in your organization could be producing meaningful, real-time executive dashboards within the reporting solution they use every day – Excel.

For more information, visit our website or check out another post about executive dashboards.

BizNet Software, Inc., a leading provider of Microsoft Excel® based  reporting and analytics solutions,  won K2 Enterprises’ 2011 Quality Award  for Financial Reporting for a second straight year.

K2 Enterprises is the premier provider of technology continuing professional education (CPE) in both the United States and Canada. With seminars in over 46 states in 2010, 1,000+ presentations, special events, they are the largest provider of technology CPE in North America.

2011 represents the 10th year for the K2 awards and the second year Financial Reporting has been included as a category. Awards are determined by a poll of K2 Enterprises’ nine instructors, drawing on end-user feedback and their own consulting and teaching experience in ranking competing providers in each of 20 categories.

BizNet had earned previous recognition from K2′s executive VP, Randy Johnson. In the April/May 2010 issue of The CPA Technology Advisor, he named BizNet a “company to watch in 2010 and beyond.”  In an article entitled, “How to Get Great Reporting”, Johnson wrote, “The vision and roadmap of [BizNet] is brilliant, and the product can solve many problems of the market. This offering is certainly a viable alternative for FRx users and shows the promise of being a general reporting tool beyond the financial reporting that it already does well.”

“We are extremely honored to have won this award for a second straight year,” said BizNet president & CEO, George McMann. “K2 is one of the most respected and knowledgeable names in technology CPE, so earning their experts’ continued recognition is validation of our ongoing commitment to delivering the best in Excel®-based financial reporting and analysis tools. BizNet Software, Inc., leading provider of Microsoft Excel® based reporting and analytics solutions, announced today that is has won K2 Enterprises’ 2011 Quality Award for Financial Reporting for a second straight year.

The business world moves at a rapid pace, and today’s companies need faster business reporting in order to stay ahead of the curve. Along with business intelligence and analysis, your company needs real-time information, especially when reporting with Excel, in order to stay competitive. BizNet can help, with an easy to use analytic and reporting platform that enhances your Excel capabilities, in order to give your company a competitive edge.

• BizNet delivers real-time Excel data to your Excel reports. You can draw directly from different databases and systems to create a customized report. For example, you can combine information from your ERP system and sales system.
• Cutting and pasting is outdated. Using existing Excel reports and skills, your team can integrate real-time data into current reports by populating current Excel sheets with live data connections. This means less time wasted with cutting and pasting stale information.
• BizNet can be fully implemented within a day. Existing skill sets and familiar platforms are utilized in training your team, so your company can be building live Excel reports within hours. You can also connect with BizNet in many ways for any assistance you need along the way.
• The live data enables you to drill down directly in Excel. You can examine individual transactions or changes without looking through mounds of data. With on-the-fly drill down, you gain the ability to get the detail behind the numbers with a simple mouse click.
• Lightning-fast performance with in-memory analytics means better intelligence. If you are given a report that is due in a timely manner, you will be able to provide decision-makers with detailed business intelligence without the stress of crunching numbers in a rush.
• The point-and-click menu makes it easy to generate customized reports. A single Excel template can be utilized to generate multiple reports. This ensures that all of your reports are streamlined.

The software BizNet offers gives you a business reporting and analysis platform that provides real-time Excel data. Need more help with faster business reporting when reporting with Excel? Visit BizNet Software on Facebook and Twitter to connect and learn more!

Businesses today are trying to cope with data in amounts that seem to grow exponentially on what seems to be a daily basis.  The amount of data generated has grown so quickly and to such a large extent that companies are struggling with how to accumulate and analyze the information in a timely manner so that the information is fresh and can be used to benefit their business rather than overwhelm it.  In-memory analytics is one tool that allows your company to analyze a significant amount of data with real-time access.

No More Complicated Business Intelligence Solutions

Today, many companies use data warehouses, cubes or other complicated business intelligence solutions to handle the explosion of data they are faced with on a daily basis.  In-memory analytics within Excel offers the high-performance ability to analyze data quickly so that information can be provided to company officials immediately.  This real-time solution allows executives to make more informed decisions.

Excel is the #1 Reporting and Analysis Tool

With over 500 million users, Excel is considered the #1 reporting and analysis tool in the world today.  Business users rely on Excel on a daily basis to provide detailed analysis regarding almost every aspect of the company and the program is second only to email as the tool the majority of businesses use the most.  In-memory analytics within Excel allows your business to store and analyze data to better optimize your business intelligence.  Because of Excel’s popularity, in-memory analytics will also allow businesses to use existing spreadsheets for analysis and will eliminate the need for copying data from different systems into multiple tabs inside spreadsheets.

Real-Time Access

Business users have often been frustrated that they were using data that was days, or even weeks old, when making decisions.  In-memory analytics provides access to data immediately without the need for data to be moved or transformed into a readable report.  This real-time access allows officials to make decisions based on current data, rather than data that may actually be outdated by the time the report is generated.

Faster and Less Costly

Because in-memory analytics relies on RAM as opposed to hard drives to store information, there is no longer a need for data warehouses.  In addition, long implementation time frames and delays in accessing information that may be critical to a decision are eliminated allowing your company to save money.  The use of RAM also allows in-memory analytics to run faster.  In fact, the system has been shown to run up to 1,000 times faster than current data access systems.

In-memory analytics is proving to be a game changing tool that will allow businesses to analyze data more quickly and efficiently than ever before.  By combining the program with Excel, companies will not only be able to analyze data quickly, but also utilize the familiar layout of the #1 analysis and reporting program in the world.  For more information about in-memory analytics and Excel, make sure you join our social network by following us on Facebook and Twitter or visit our website.