Financial Reporting

Navigating the GP to Business Central Transition: How Vivid Supports  

If your organization relies on Microsoft Dynamics GP, you’ve likely heard the clock ticking. Microsoft is winding down mainstream support, the urgency to move off GP is greater than ever.   For many finance leaders, that “when” is now. But moving from GP to Business Central (or any modern ERP) is no small task—including reporting. You’re […]

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Modern Report Distribution – Best Practices for Finance Teams

As a finance leader, your role extends far beyond reporting. You’re guiding strategy, managing risk, and enabling decision-making across the business. In this context, how you distribute financial reports is no small task—it’s a key capability that impacts transparency, security, and agility. Here’s a streamlined guide to modernizing your report distribution process. 1. Keep Pace with Expanding Regulations

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How Financial Reporting Automation Eases the Compliance Burden for Municipalities Across Canada

Supporting finance leaders with smarter, audit-ready reporting solutions.  As a municipal finance leader, you’re already navigating a complex landscape of financial regulations, political expectations, and resource constraints. Your team is responsible for ensuring compliance with Public Sector Accounting Standards (PSAS), preparing annual budgets, financial statements, and variance reports, managing grant and infrastructure fund reporting, and supporting

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The Case Against Management Reporter – What Financial Leaders Should Know

As a finance leader, you live at the intersection of strategy and precision. You need financial reporting tools that don’t just work, they need to work efficiently, scale with your business, and empower fast, confident decision-making. For years, Microsoft’s Management Reporter (MR) has been the go-to solution for many mid-sized organizations running on Dynamics GP.

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Financial Reporting Best Practices for Transportation & Logistics Companies

The transportation and logistics industry powers global commerce, but behind the scenes, executive and financial teams grapple with complex challenges—managing rising fuel costs, coordinating multi-entity operations, and meeting strict compliance requirements, to name a few.  At Vivid Reports, we help companies streamline reporting and gain deeper financial insights. In this blog, we highlight key best

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ERP Transition Without Losing Your Data: How Vivid Reports Simplifies the Process 

Upgrading to a new ERP is an exciting step—one that promises greater efficiency, automation, and streamlined processes. But many organizations encounter an unexpected challenge: what happens to your historical transactional data?  Most ERP implementations limit the migration dataset to active data.  Active data consists of financial transactions which are not yet complete at the time

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How Financial Reporting Software Enhances Decision-Making for Business Leaders

In today’s fast-paced business environment, timely and accurate financial information is crucial for making informed decisions. Financial reporting software has revolutionized the way organizations manage and analyze their financial data, empowering business leaders with the insights they need to drive growth and make effective decisions. By automating and streamlining the reporting process, financial reporting software

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Multidimensional Chart-Of-Accounts (COA): Considerations and Tips

In this brief article, we will examine the Multidimensional Chart-of-Accounts.  Over the years, we have seen a lot of Chart-Of-Accounts (COA), and some are set up much better than others. There can be various reasons for this such as change in organizational focus. Perhaps, it’s the length of time the system has been used, staff

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Understanding the ROI of Financial Reporting and Budgeting Software Investments

In the fast-paced and competitive business world, making informed decisions is paramount to success. Financial reporting and budgeting are at the heart of these critical decisions, providing insights that drive strategic planning and growth. As technology continues to evolve, organizations are increasingly turning to financial reporting and budgeting software solutions to streamline processes and gain

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