Are you spending countless hours struggling with complex data manipulation, archaic reporting processes, or just trying to make sense of your enterprise data? Are you trying to get a clear vision of your business performance from your MYOB Advanced Enterprise ERP system? If so, it’s time to harness the power of Excel with Velixo in 2023. It’s time to transform your data into actionable insights, boost your efficiency, and take your business decision-making to the next level.
State of Excel Reporting in 2023
Despite past criticisms, suggesting that Microsoft Excel was an outdated tool of the past, today’s Excel has effectively debunked these notions. Critics once argued that Excel was inflexible and ill-suited for data analysis, but Excel has continually innovated to counter these critiques.
Today, Excel is no longer deemed inflexible or insufficiently optimised – it has evolved into a highly scalable and essential tool for businesses of all sizes and industries. In fact, a growing number of users in Australia and around the globe rely on Excel for document management. According to an article by EarthWeb, Australia alone boasts over 3,284 Excel users for document management, underlining the tool’s immense popularity and unrivalled functionality.
Excel today is an integral part of the Microsoft 365 suite, offering unrivalled simplicity, flexibility, governance, collaboration, formatting, and extensibility. It’s a cross-platform, hybrid tool that works seamlessly on desktop computers or mobile devices, on software or as a web-app, and on Apple, Microsoft, or Google devices. With its deep integration with Teams, auto-save features, track changes, and impressive chart visualization capabilities, Excel has positioned itself as the world’s #1 reporting tool.
Excel’s simplicity, flexibility, and advanced features make it an unrivalled tool for businesses. It’s an integral part of the Microsoft 365 suite used by an impressive 157,126 companies in Australia in 2023 alone, according to Statista.
Excel’s constant innovations and its inclusion in every Microsoft 365 subscription make it a cost-effective and vital resource for successful business operations. These factors contribute to why Excel continues to be a go-to solution for data management and analysis worldwide.
What Makes Velixo Perfect for MYOB Advanced
Excel with Velixo adds a new layer of functionality to your MYOB Advanced ERP system. Velixo, an Excel add-in developed by MYOB Advanced experts, integrates seamlessly with MYOB Advanced. It delivers real-time reporting and planning capabilities within the Excel environment that you already know and love.
Velixo and MYOB Advanced create a winning combination for any business. It enhances the core reporting and budgeting experience of your ERP, providing visibility, efficiency, simplicity, and automation. As a result, you get a real-time, seamless reporting and planning experience within Excel.
Velixo’s Key Features:
Real-time reporting & budgeting
With Velixo, you can access real-time reporting and budgeting for any type of data, be it financial or operational. This feature allows for immediate insights, enabling quick and informed decision-making without waiting for traditional periodic reports.
Explore effective techniques for maximizing the efficiency and accuracy of your budgeting process:
Supercharge Your Budgeting Process with Excel and Velixo
Native-Excel Accelerator functions
Velixo’s Excel Accelerator functions amplify your Excel experience, simplifying complex formulas and data processing. You can manipulate and analyse your data in familiar ways while leveraging more power than traditional Excel alone offers.
Smart drilldown
This feature allows users to explore data on a deeper level in both Excel and MYOB Advanced. By clicking a cell, you can view underlying transactions, enabling you to easily trace and understand the origins of your data.
Live writeback
Velixo enables live writeback of Ledger journal, budget and project forecast entries. This means any changes you make in Excel can be instantly reflected in your MYOB Advanced system, ensuring data consistency and saving time on data entry.
Data push
Using import scenarios, you can push any data from Excel to MYOB Advanced. This automates and streamlines the process of updating and managing your data across systems.
Pre-built Templates
With Velixo, you have access to pre-built templates that streamline the creation of reports and financial documents. These templates can significantly reduce the time and effort required in formatting and setting up reports.
Flexible and automated report distribution
Velixo allows for automatic distribution of reports via email, eliminating manual sending and reducing the chance of errors. You can customise the distribution based on your needs and schedule, ensuring stakeholders receive the necessary reports on time.
Full Integration with Microsoft 365
Velixo is fully integrated with Microsoft 365, ensuring seamless interoperability between Excel, MYOB Advanced, and other Microsoft tools. This means less switching between applications and improved productivity.
Compatibility
Velixo is fully compatible with Excel Desktop on Windows or Mac, and Excel Online. This ensures you can access and work with your data wherever you are, on the platform of your choice.
With Velixo and MYOB Advanced, Excel doesn’t just become a tool—it becomes an extension of your business operations. This combination allows you to leverage Excel’s capabilities to the fullest, unlocking the potential of your data and transforming your decision-making processes. And the best part? If you know how to Excel, you know how to Velixo!
Unlock the power of your ERP data and elevate your decision-making capabilities with AlphaBiz Solutions
We understand the challenges you face with data management, reporting, and business analysis. Through our expert implementation of Velixo with your MYOB Advanced system, you can gain access to real-time reporting, seamless data integration, and a powerful tool to help you overcome these challenges right within the familiarity of Excel.
Don’t let your ERP data potential go untapped. Book a demo with our experts today, and let us show you how to transform your data into actionable insights that drive your business success.
