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Solver

Solver

Overview

What is Solver?

Solver BI360 is a business intelligence software solution that includes features such as enterprise collaboration, budgeting, and data warehousing.

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Recent Reviews

TrustRadius Insights

BI360, a cost-effective alternative to previous systems, offers similar functionality and ease of use, according to users. Its ability to …
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BI360 is amazing!

10 out of 10
August 11, 2021
Incentivized
BI360 is currently being used by our Accounting and Finance Department. Our main goal is to create a dashboard available to the entire …
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Solver Review

7 out of 10
April 25, 2018
Incentivized
We are using BI360, a Solver product for reporting and budgeting processes. We use BI360 reporting across the whole organization. It …
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Pricing

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What is Solver?

Solver BI360 is a business intelligence software solution that includes features such as enterprise collaboration, budgeting, and data warehousing.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is Solver?

Solver, Inc. supports cloud-based reporting and planning. The Solver solution is built to enable faster and better business decisions across the entire organization. Solver combines financial and other key data into a single tool, powered by a flexible report and planning form designer. Organizations can use this solution to automate and streamline financial and operational reports, consolidations, and budgeting and forecasting processes.

Based in the United States, Solver Inc. has more than a dozen offices and hundreds of partners globally that provide local and industry expertise.

Solver Features

Budgeting, Planning, and Forecasting Features

  • Supported: Long-term financial planning
  • Supported: Financial budgeting
  • Supported: Forecasting
  • Supported: Scenario modeling
  • Supported: Management reporting

Consolidation and Close Features

  • Supported: Financial data consolidation
  • Supported: Journal entries and reports
  • Supported: Multi-currency management
  • Supported: Intercompany Eliminations
  • Supported: Minority Ownership
  • Supported: Local and consolidated reporting
  • Supported: Detailed Audit Trails

Financial Reporting and Compliance Features

  • Supported: Financial Statement Reporting
  • Supported: Management Reporting
  • Supported: Excel-based Reporting
  • Supported: Automated board and financial reporting

Analytics and Reporting Features

  • Supported: Personalized dashboards
  • Supported: Color-coded scorecards
  • Supported: KPIs
  • Supported: Cost and profitability analysis
  • Supported: Key Performance Indicator setting
  • Supported: Benchmarking with external data

Integration Features

  • Supported: Flat file integration
  • Supported: Excel data integration
  • Supported: Direct links to 3rd-party data sources

BI Standard Reporting Features

  • Supported: Pixel Perfect reports
  • Supported: Customizable dashboards
  • Supported: Report Formatting Templates

Ad-hoc Reporting Features

  • Supported: Drill-down analysis
  • Supported: Formatting capabilities
  • Supported: Predictive modeling
  • Supported: Integration with R or other statistical packages
  • Supported: Report sharing and collaboration

Report Output and Scheduling Features

  • Supported: Publish to Web
  • Supported: Publish to PDF
  • Supported: Report Versioning
  • Supported: Report Delivery Scheduling

Data Discovery and Visualization Features

  • Supported: Pre-built visualization formats (heatmaps, scatter plots etc.)
  • Supported: Location Analytics / Geographic Visualization
  • Supported: Predictive Analytics
  • Supported: Support for Machine Learning models
  • Supported: Pattern Recognition and Data Mining
  • Supported: Integration with R or other statistical packages

Access Control and Security Features

  • Supported: Multi-User Support (named login)
  • Supported: Role-Based Security Model
  • Supported: Multiple Access Permission Levels (Create, Read, Delete)
  • Supported: Report-Level Access Control
  • Supported: Table-Level Access Control (BI-layer)
  • Supported: Field-Level Access Control (BI-layer)
  • Supported: Single Sign-On (SSO)

Mobile Capabilities Features

  • Supported: Responsive Design for Web Access
  • Supported: Mobile Application
  • Supported: Dashboard / Report / Visualization Interactivity on Mobile

Solver Video

Complete Overview on Solver Report Design Overview

Solver Technical Details

Operating SystemsUnspecified
Mobile ApplicationApple iOS, Android
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Comparisons

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Reviews and Ratings

(6)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

BI360, a cost-effective alternative to previous systems, offers similar functionality and ease of use, according to users. Its ability to enable clear and accessible financial reporting across various data sources has been praised for facilitating communication and decision-making. The powerful budgeting functionality streamlines the labor-intensive process, promoting individual responsibility and governance. Users have reported significant cost savings by utilizing BI360 for their reporting needs, eliminating the need for expensive consultants. The software's user-friendly interface and customizable templates make creating financial reports and budgets easier, while its flexibility caters to various reporting and data needs. With improved reporting and budgeting in less time and higher quality output, management has expressed satisfaction. Additionally, BI360's collaboration tools enhance financial reporting, analysis, budgeting, and dash-boarding capabilities for users. The self-service access to data provided by the dashboards solves the problem of data accessibility for C-level executives. Moreover, the product allows for easy integration of data from multiple sources, enabling KPI-driven reporting across all areas of a business. Its integration with other 3rd party products positions BI360 as a comprehensive tool for consolidated reporting. Solver consulting partners have successfully implemented this solution to provide customers with robust reporting options and improved processes. Overall, users appreciate BI360's ease of use, time-saving capabilities, efficiency in consolidation, elimination of manual processes, customization options, automation features, accuracy in financial reporting, and reliable report run times.

Use Cases:

  1. Clear Financial Reporting: Users leverage BI360's functionality to generate clear and accessible financial reports from various data sources. This allows for effective communication and decision-making across departments.

  2. Streamlined Budgeting: BI360's powerful budgeting functionality simplifies the labor-intensive process by promoting individual responsibility and governance. Users have reported significant time savings and improved accuracy in their budgeting efforts.

  3. Cost Savings: Implementing BI360 eliminates the need for expensive consultants, resulting in significant cost savings for organizations. Users appreciate the reduction in expenses while maintaining similar functionality.

  4. User-Friendly Interface: The user-friendly interface and customizable templates of BI360 make it easier for users to create financial reports and budgets. This enhances user productivity and reduces the learning curve associated with other reporting tools.

  5. Flexibility and Integration: BI360's flexibility in meeting various reporting and data needs, coupled with its compatibility with other third-party products, make it an ideal solution for Microsoft customers. The seamless integration of data from multiple sources enables KPI-driven reporting across all areas of

Ease of Use and Familiar Interface: Users appreciate the familiar interface of Solver, which is based on Excel. Many reviewers have stated that the software's ease of use has saved them time in budgeting and reporting functions. The combination of familiarity and functionality allows users to easily standardize reporting and make it user-friendly for others.

Flexibility in Report Creation: The flexibility of Solver is highly valued by users, with many stating that they are able to create any report they need. This flexibility goes beyond their initial expectations, allowing them to expand the usage of Solver to meet their specific needs. Reviewers have praised the reporting capabilities of Solver, mentioning that it surpasses their previous reporting software.

Excel Integration and Transferable Skills: The fact that Solver is Excel-based is appreciated by users as it allows them to transfer the skills they learn to other non-BI situations. They find value in being able to integrate Excel formulas into their reports, improving its functionality. Additionally, users mention that the integration with Microsoft GP, SL, and AX streamlines their workflow and enhances productivity.

Difficulties with Software Implementation: Some users have expressed difficulties with the implementation of the software, including clunky connections between modules and limited options for archiving and sharing data. They also mentioned that upgrading versions can be painful and require manual updates to all reports.

Confusing User Interface: Users found the user interface to be confusing and unintuitive, making it difficult to navigate and perform tasks efficiently. This has led to frustration and a longer learning curve for some users.

Lack of Support: Users mentioned that customer support was unhelpful, indicating a lack of assistance or guidance when they sought help or encountered issues with the product. This has left users feeling unsupported and frustrated with their experience.

Based on user reviews, Solver users commonly recommend the following:

  1. Utilize Solver Academy: Users suggest diving deep into Solver Academy to learn about creating reports and understanding the tool's possibilities. They advise watching all the training videos in Solver Academy for a better understanding of its features and utilizing their templates for building reports.

  2. Get consultant assistance: Many users recommend having a good consultant to assist with setup and report building. They emphasize the importance of the implementation team for a successful implementation and suggest having a VAR with sufficient expertise for report and budget development.

  3. Understand data and expectations: Users stress the importance of understanding the complexity and format of the data warehouse for easier use of Solver. They advise having clear expectations and available resources, scoping requirements thoroughly, and identifying responsible users. Additionally, they suggest involving both technical and non-technical users in the decision-making process and having a clear understanding of reporting requirements.

Overall, users find Solver to be a great and flexible tool but acknowledge that there is a learning curve. They appreciate the support provided by Solver and recommend using it for streamlining financial reporting and budgeting processes. According to users, BI360 is an easy-to-use and versatile platform for managing big data, especially when integrated with Microsoft ERP products.

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