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Top Three Reasons to Use Jet Reports for Accurate Data Reporting During the Coronavirus Quarantine

Rachel Cronin

Apr 2 2020

3 min read

These days, finance teams are under tremendous pressure to adapt to a quickly shifting economic environment. We know that access to the most recent data is critical to answering the new questions facing businesses and management daily. Many companies rely upon numerous outlying systems to consolidate financial and operational data. Working remotely during these trying COVID-19 times may prevent teams from accessing all relevant data to make quick decisions. That is where Jet Reports from Insight Software comes in. Jet Reports data reporting tools empower teams to overcome such challenges. Jet Reports offers fast, flexible Financial and Business Reporting all inside of Excel, a tool that all Finance team members rely on daily.

Here are the top three reasons why you should look at Jet Reports as your reporting tool of choice.

Jet Reports Provides Accurate Answers to Current and Future Questions from Your ERP Data

Jet Reports provides a direct, live connection to your ERP so that you can easily report on and analyze data by drilling down from summary to transactional detail. This implementation setup can be done without any help from your IT department. This enables you to get a handle on costs in the short term, and to answer new questions that continually arise.

You Can Review Pre-written, Out of the Box Reports to Quickly Make Sense of Your Business

During these times, there are specific reports that you must monitor frequently. Jet Reports created a set of pre-built, refreshable report templates to help organizations answer common questions around cost control and forecasting with:

Rolling Cash Flow Statement – Provide cash balance visibility on the next key reporting date
Payables Aging – Easily monitor when your debtor liabilities are falling due.
Receivables Aging – Manage cash flow by forecasting future collections.
Supplier Spend – View your actual spend by supplier in real-time.
Receivables Applied Receipts – Track customer receipts to ensure collections are on schedule.
Inventory Analysis – Easily gain insight into on-hand inventory and turnover.

Enable Remote Workers with Self-Service Access to the Information They Need

Technology can play a central role in ensuring that employees can work remotely and efficiently without sacrificing their productivity or data security. Jet Reports’ self-service, Excel-based reporting tools allow employees to access accurate, real-time data using their existing skills.

Accurate reporting is more important than ever during times of economic uncertainty. This allows for decision-making on the fly.

Have any questions about Jet Reports data reporting? Feel free to contact us at any time! We also have plenty of tips available for working remotely during the quarantine. You can also check out our full COVID-19 resource page.

This publication contains general information only and Sikich is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or any other professional advice or services. This publication is not a substitute for such professional advice or services, nor should you use it as a basis for any decision, action or omission that may affect you or your business. Before making any decision, taking any action or omitting an action that may affect you or your business, you should consult a qualified professional advisor. In addition, this publication may contain certain content generated by an artificial intelligence (AI) language model. You acknowledge that Sikich shall not be responsible for any loss sustained by you or any person who relies on this publication.

About the Author

Rachel Cronin