In the fast-growing,
ever-evolving worlds of our customers and prospects,
rigid and limited reporting categories no longer
satisfy the need for flexible and on-demand
analysis of financial data.
This is where dimension analysis is changing the way financial data
is recorded and interrogated in Syspro.
By embedding dimensions in the product,
Syspro is supporting a standard chart of accounts
that needs no revision when our customers re-envision
their business segments,
allowing our customers to add a new business segment
or reporting category by simply adding a new dimension.
A Syspro business can effortlessly integrate new business segments.
Enabling users to tag financial transactions
against dimensions at the source of the transaction
means business context is added to financial data.
As a result,
the Syspro business has flexible reporting capabilities
that allow the user to slice and dice
financial data based on whatever criteria they need.
In this release,
Syspro increases its support for the analysis of financial data by
adding dimension analysis to more transaction processing programs,
like return to supplier and trade promotions.
This allows for more business processes
to be analyzed using dimensions.
Syspro addresses the critical need for flexible
and on-demand analysis of financial data with
expansion of its dimension analysis capabilities.
Now offering dimension analysis tagging
on more transaction processing programs,
SYSPRO empowers customers with unparalleled flexibility
in reporting across more business processes.
As you can see from the expanded list of processes,
now available against your dimension categories.
This means that programs that were previously excluded
from dimension analysis are now included in the offering.
If you take a program like Accounts
Receivable Payments,
and Adjustments,
for example,
previously you were able to allocate
dimensions when you performed an adjustment,
but dimension tagging wasn't available on payments.
In the 2024 release,
if you now wanted to record the cost of settlement discount
awarded to a customer to a specific reporting center,
you can do that using Dimension Analysis.
As we roll out Dimension Analysis into more business processes,
the logic remains unchanged,
meaning all the validation and security checks remain intact,
making the product easily scalable.
Of course,
the driving force behind dimensions,
remains the rich opportunity for analysis where users can
slice and dice data based on whatever dimension they want.
This means detailed analysis of financial data can be made available
quickly and comprehensive reports can be provided regularly
with little effort to essential stakeholders.
Also,
the Syspro business gains increased flexibility because they
can maintain a standard chart of accounts and effortlessly
integrate new business segments or reporting categories by adding
adding a new dimension.
In SYSPRO 8-2024,
you have the added benefit of wider business process coverage when
more transaction processing programs now allow for the tagging
of transactions with dimensions at the source of the transaction.