Consolidated Reporting
Consolidated reporting is a key feature available to franchise-based
and multi-site organizations that host with Right Networks
that provides easy and secure access to the information combined
from multiple financial databases. With consolidated reporting, you can compare and
contrast the financials of franchisees and branch offices to give you the insight needed to
improve communication, procedures, and service.
Organizations that use QuickBooks®, for example, can use consolidated reporting
to allow authorized individuals to view reports based on data combined from multiple
QuickBooks company files. Typical reports include organization-wide balance sheets,
aggregate profit and loss reports, and comparative sales reports.
Easy Consolidation Without Uploading or Data Conversion
With your data hosted at Right Networks, there is no need to
upload it for consolidation. In addition, Right Networks makes it easy for
your entire organization to use a common chart of accounts eliminating the need
to convert data in order to consolidate it.
How Does It Work?
Right Networks consolidated reporting combines our data collection technology
with enterprise database systems to help you access important data for your
organization's success. We work with you to define the reports you need and
who can access those reports. Then, either on a schedule that you define or on demand,
data is copied from each independent financial database into a secure combined financial
database running on an enterprise-class SQL server, often on a weekly, monthly,
or quarterly basis. Once the data is in the combined financial database, the
reports are accessible just like your other applications via your secure
hosted desktop running in our data center.
Pricing
Pricing depends on the number of financial databases that are combined,
the frequency at which data is collected from those databases, and the number of
users that have access to the consoldated reports.
Reports can be developed under a consulting agreement or you can choose from our
growing library of available reports.
Set up fees apply.
Contact us for more details on a consolidated
reporting solution customized for you.