Have you ever in a situation where you find from reports that somebody in your department made a transaction, but you were unable to figure out the details?
It would be so great if there were a tool that could take you to the details of a transaction helping you understand the reports quickly. Indeed, there are multiple advantages of having drill-down functionality in your ERP. Let us focus on the drill-down functionality of FactsERP and how it helps you to work smart and do business better.
Importance of drill-down functionality in data analysis
As the size of your company growing continuously and having traded in multiple currencies, it is challenging and difficult for you to review transactional as well as operational information just by looking at reports. This is where the drill-down functionality can benefit you.
Following are some unique aspects of drill down offered in FactsERP,
Drill down is one of the most loved and appreciated feature of FactsERP by its users as this feature gave them more confidence and assisted them in verifying the integrity of their organizational data. Since it is a built-in feature in FactsERP, organizations can now save the money, they spend on third-party data mining software.
With the drill-down function, each department in your organization can perform an analysis on where and how their money was spent by drill down their monthly reports.
Unlike Standalone business applications and ERP solutions, FactsERP offers real-time interdepartmental data through seamlessly integrated architecture. That means you can view not only the transactional data but also any relevant data related to a particular transaction. An interesting fact is, not all-top ERP software work this way but enterprise software solution from FactsERP.
In FactsERP, the user can enter details or comments on each line item of the transaction so that while digging down the manager gets a clear scenario of every aspect of the transaction. Even any supporting documents attached to the transaction are visible, thanks to FactsERPs robust document management system (Facts BillBox).
With FactsERP your reporting processes are a lot easier and more enjoyable. The System enables the user to work smart and run reports whenever required and drill down to details without the assistance of a database administrator or third party mining software. As data security is of paramount importance, the whole drill-down functionality of the system is managed through foolproof user access control.