| Financial Reporting Shootout – BizNet Versus FRx |
| One of Alexander Graham Bell’s famous quotes begins, ”When one door closes, another opens.” With Microsoft FRx reaching its end of life, we’ll eventually have to close the door on our old financial reporting friend. |
| True to Mr. Bell’s observation, as FRx makes it’s exit, another door is opening to reveal the new Excel-based financial reporting option from BizNet. |
| After doing exhaustive research of options for replacing FRx, Expandable has chosen BizNet as its financial reporting platform for the future. Since FRx will continue to be a usable option even after Microsoft’s support and maintenance of the product is discontinued, the decision about when to migrate to BizNet is an open-ended discussion. |
| Your migration timeline will undoubtedly depend upon the answers to the following questions about BizNet: |
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Can it do the things I like best about FRx? |
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2. Can it do things I wish FRx could do? |
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3. Can it help me with business issues beyond FRx? |
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| Since we started out referencing old sayings this would be a good time to apply the old “A picture is worth a thousand words” adage to visually compare and contrast FRx and BizNet using this comparison chart: |
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| As illustrated in the comparison chart, BizNet has a lot to offer beyond what FRx provided. Being an Excel-based solution, the BizNet user interface is the very same tool that accounting and finance people have embraced as their most versatile business software. |
| The Alexander Graham Bell quote concludes with “we often look so long and so regretfully upon the closed door that we do not see the one which has opened for us.” Make sure you get a look at BizNet at Expandability 2010 where Expandable personnel and the good people of BizNet will provide details and in-depth demonstrations of this new financial reporting tool. |
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