Standardized reporting in Epicor Prophet 21 is designed to give broad and actionable insights across business functions. These reports help distributors operate more efficiently and make data-driven decisions when used following best industry practices.
Standard reports in Epicor Prophet 21 (P21) are pre-built reports available within the ERP system. They are designed to quickly deliver critical business insights without requiring additional custom development.
The standard reports can reach various business functions from finance to inventory to sales to purchasing and much more. They help users track performance, monitor operations, and make informed data-based decisions.
Standard reports matter in Prophet 21 because they provide real-time visibility into your business operations and help make better data-driven decisions.
P21 reports are important because they provide data instantly with reports updated to the minute. Running in an ERP, the reports are easily accessible from anywhere and any device that reaches the cloud.
The built-in reports in Epicor Prophet 21 provide an overview across all operations from inventory to finances and more, making it easier for decision-makers to act quickly and efficiently.
Using standard reports is important because it saves time and money, and they can be used efficiently without requiring costly customization and time to develop them. Standard reports are readily available to enhance the productivity of your business.
Standard reports matter because they help maintain consistency in data collection across every department, with data updated in real-time. With P21, the reports are stored securely on the cloud, ensuring only the right people can access them.
Prophet 21’s standard reports cover all operational data, with the ability to perform time-based analyses.
Financial management reports provide insights into your business’ financial health and can include general ledger (GL), accounts receivable (AR), accounts payable (AP), financial statements, and more.
Inventory reports allow businesses to monitor inventory investment, balance service needs, and optimize stock levels.
Sales and customer reports provide information on customer relationship management (CRM), order tracking, and data that helps optimize the sales process.
Purchasing and forecasting reports include purchase orders and receipts, vendor analysis, forecast demand reports, and more to keep up with fluctuating customer demand.
Reports are important, but if they are not used properly, your business will not be able to unlock the full potential of P21 reporting.
Set appropriate filters to narrow down relevant data from every segment, product category, warehouse, or other to focus on actionable insights.
Export and share data easily across departments to enhance collaboration between internal or even external stakeholders.
Schedule recurring reports for automatic delivery to stakeholders to reduce manual work for your team and let them focus on other tasks.
Your business should make sure reports are relevant and aligned with business priorities. If it is not aligned, your business should consider customizing reports.
Many reports include sensitive data that shouldn’t be accessed by everyone. These reports should only be accessed by select users to prevent unintended changes or data breaches, ensuring your reports’ security.
Use the built-in features to control who can access and view reports to protect your business’ sensitive information.
P21 offers many tools to customize your reports.
The Report Studio offers an interactive, user-friendly report generation and offers basic customizations. This is suited for users who need custom reports without technical complexity.
Reports are integrated within Epicor ERP Prophet 21 without the need for external software. Data is easily filtered to extract relevant data, and real-time updates ensure the most accurate reports for better decision-making.
Crystal Reports is an advanced reporting tool compatible with Prophet 21. It offers advanced reporting capabilities, detailed formatting options, and extensive customization.
Crystal Reports can help businesses to create detailed financial reports, generate accounting statements, and automate report distribution, just to name a few.
SQL Server Reporting Services (SSRS) is an advanced reporting tool that integrates with P21 to deliver in-depth analytics, scheduled reports, and dynamic reporting features.
It enables the generation of complex, paginated, and interactive reports, with automation options and integration into other analytical tools.
Pre-built reports in Epicor Prophet 21 are designed to provide immediate, actionable business insights across business operations without requiring customizations.
Whether you need help using your standard reports or setting up customized reports, we can help.
Here at Teccweb, we help businesses maximize the impact of their reports in Epicor Prophet 21. We have over a decade of experience in helping distribution companies implement and customize Epicor solutions, as well as deliver professional services.
