The Changing Face of Financial Reporting for Middle Market ERP

Income statements and balance sheets. These basics of financial reporting have been around for what seems like forever, so why change your tool for producing these now? That's an easy question to answer, actually - new demands by business for better information and advances in technology make change possible.

Consider the case of FRx, a real favorite for financial reporting due to its flexibility, ease of use and the great variety of reports it can generate. FRx introduced the concepts of rows, columns and trees that could be mixed and matched to provide a wide variety of ways to slice and dice financial data. It also had some Excel-like features so the commands were familiar. Like many great software tools, FRx broke new ground and went through multiple owners, from its start in 1984 as one of the products offered by Platinum Software (now known as Epicor) to it's acquisition by Great Plains Software in 2000 to its current owner, that goliath called Microsoft.

To be fair, there ...