How ERP reporting tools like Roveel enable smarter reporting and better decision making

When it comes to running a business, having the right information at your fingertips can be the difference between a poor decision and one that’ll give you an advantage. Enterprise resource planning (ERP) reporting tools help you make more of the latter, as reporting is made simpler and more powerful.  

In this blog, we’ll take you through the importance of business intelligence and reporting, the challenges with traditional reporting tools and how Roveel, one of our go-to choices when discussing ERP reporting tools, transforms the way SMEs see and use data.  

Why better reporting and business intelligence matter to SMEs

Decisions can’t just be left to a hunch. They require evidence, facts and figures to back them up. Whether it’s tracking sales performance, monitoring the efficiency of a supply chain, or keeping a keen eye on stock levels and cash flow, having clear reporting, driven by accurate real-time data, helps everyone in your business to make decisions with confidence.  

With business intelligence (BI), SMEs and their teams get immediate access to crucial data in a way that’s easy to understand. Pools of data can be turned into graphs that are easy to visualise, making it much easier to spot trends across different departments. 

The challenges with traditional finance reporting methods

For many finance teams, reporting can become frustrating due to a number of common challenges. Reporting compiled in an outdated way, with little automation and across multiple systems and Excel spreadsheets, can often take days to manually compile. The clock ticks on, there are bottlenecks in other departments, soon the day is over and the kids need to be picked up from school. Food for the evening still hasn’t been planned for and you wish you’d had an extra four hours in the day to complete the report that was due a couple of days ago. 

Another day comes and goes, the data is finally compiled, but when presented back to other teams, it’s hard to digest and, while the detail looks impressive, it’s difficult for them to extract value.  

It’s a story we see all too often, but with a combination of business intelligence and a powerful ERP reporting tool, you’ll soon have hours back in the day.  

Enter Roveel: A simple, powerful ERP reporting tool for Sage 200

When it comes to an ERP for enhancing reporting, our choice would be Sage 200. It is built with reporting in mind, with a series of modules, addons and integrations that mean your data can be accessible in one place. It’s modular, meaning you can add to it as your business grows. Combine this with ERP reporting tools such as Roveel and you’ll be in a great position to consolidate and visualise valuable data. 

Roveel connects directly to data points within your ERP, which allows you to turn real-time data into interactive easy-to-design dashboards, without the need for coding experts, Excel workarounds, or lengthy report-building.  

Let’s have a look at how Roveel achieves this in a bit more detail. To start with, it’s incredibly user-friendly where its interface doesn’t require you to be a technical mastermind; the more complex mechanics are already built for you. 

A good example of this is with pre-built dashboards. Have you been in a position where you know you want to report on something, but aren’t quite sure how you’d put together a dashboard that’d reflect what you’re after? Roveel has a series of pre-built dashboards for your data to input for finance, sales, operations, purchasing, stock and more. It’s a really good tool for visualising your data quickly.  

Roveel prides itself on its real-time data mechanic, where reports are leveraged directly from the data in your ERP, giving you complete confidence in the validity of any report you put together. 

There are also a series of really handy drill-down capabilities, which allows users to zoom into the granular detail.  

Another key benefit is it has a fast setup. You could potentially be up and running within hours, connecting and analysing your data. 

Book a demo to see Roveel in action.

Kick-start your new-look reporting with Roveel and Thinc

At Thinc, we work with SMEs across the UK and wide to help them achieve more, leveraging our technology and expertise to support their growth journey. When it comes to reporting, we can help you to getting to a place where it’s simple, visual and accessible to your people. 

Through our decades of expertise with Sage 200 and partnership with Roveel, we help with unlocking the value of your data, whether you work in finance, operations, sales or stock management.