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Set-up of jedox for HR Modeling
What do you like best about the product?
jedox is a platform designed based on OLAP (so called 'Cubes'), which is a common solution for such type of software. Such a common solution helps to understand the main principles of work and modelling relatively fast.
The best features I can state are the following:
0. Clear Structure - web-interface is divided into several sections, which logically distinguish from each other (Modeler, Designer, Integrator, Reports, etc.).
1. Integrator - powerful instrument to (1) set-up connections with other systems (including API) to import/export necessary information; (2) set-up automation to read/write/delete data from the Cubes/Dimensions inside jedox. Also includes a scheduler.
2. Rules - allows to design calculations of differences indices, KPIs in the way you want to see it.
3. Splashing - very useful feature, which allows to change data in the system by simply typing '+10%' and '-1000' to allowed cells. It helps to make high level changes in a seconds, build different scenarios.
4. Excel Ad-In - allows to read/create basic reports using commonly used software of every analytic - MS Excel. Easy to set-up and used, could be very helpful.
5. Marketplace - there are already designed models provided by external vendors and jedox itself, which could be added/purchased to every instance of jedox. Includes free of charge basic models, which could be useful on first steps into jedox.
The best features I can state are the following:
0. Clear Structure - web-interface is divided into several sections, which logically distinguish from each other (Modeler, Designer, Integrator, Reports, etc.).
1. Integrator - powerful instrument to (1) set-up connections with other systems (including API) to import/export necessary information; (2) set-up automation to read/write/delete data from the Cubes/Dimensions inside jedox. Also includes a scheduler.
2. Rules - allows to design calculations of differences indices, KPIs in the way you want to see it.
3. Splashing - very useful feature, which allows to change data in the system by simply typing '+10%' and '-1000' to allowed cells. It helps to make high level changes in a seconds, build different scenarios.
4. Excel Ad-In - allows to read/create basic reports using commonly used software of every analytic - MS Excel. Easy to set-up and used, could be very helpful.
5. Marketplace - there are already designed models provided by external vendors and jedox itself, which could be added/purchased to every instance of jedox. Includes free of charge basic models, which could be useful on first steps into jedox.
What do you dislike about the product?
Common difficulties/cons you need to understand at the start of implementation:
1. Requires investing of time into trainings (for administrators, reporters) - such solutions probably could not be simply installed and used 'from the box'. It requires time to spend for trainings/certifications provided by jedox or other partners. The good thing is that jedox academy provides a lot of free of charge videos to make the very first steps into jedox and make offline trainings more effecient.
2. Some elements of interface could be more user-friendly - Rules editor is developing over time but still remains not 100% user friendly; Reports editors is really similar to Excel but functional is limited if compare 2 products.
1. Requires investing of time into trainings (for administrators, reporters) - such solutions probably could not be simply installed and used 'from the box'. It requires time to spend for trainings/certifications provided by jedox or other partners. The good thing is that jedox academy provides a lot of free of charge videos to make the very first steps into jedox and make offline trainings more effecient.
2. Some elements of interface could be more user-friendly - Rules editor is developing over time but still remains not 100% user friendly; Reports editors is really similar to Excel but functional is limited if compare 2 products.
What problems is the product solving and how is that benefiting you?
jedox is used for building HR budget/forecast with detailed structure by staff on the lowest level of planning.
Future plans includes usage of jedox for planning of operating expenses and building general PL and CF models to build forecast on high level.
Future plans includes usage of jedox for planning of operating expenses and building general PL and CF models to build forecast on high level.
Jedox is customizable, which makes it easier to adapt according to the reality and needs of each company.
What do you like best about the product?
Have the information updated very quickly.
What do you dislike about the product?
Some questions about premise structures, I found the order and systematics confusing with several options being in different places.
What problems is the product solving and how is that benefiting you?
Previously, we had our entire budget structure in Excel spreadsheets, with the risk of file loss. Jedox brought us more security in data storage and also more efficient analyses.
Excellent work tool.
What do you like best about the product?
Flexibility in building views, platform agility for the development of reports and registration screens. Cubes give the tool great possibilities for projections.
What do you dislike about the product?
The initial lack of knowledge of the tool, but with a short time of use, it is already possible to achieve great developments.
What problems is the product solving and how is that benefiting you?
Previously, there were Excel spreadsheets that were used for the company's budget, which sometimes created versioning problems and divergent information in the files. Jedox is helping to concentrate and correct this information.
Feedback on Jedox Implementation as of Year 2
What do you like best about the product?
Jedox has allowed us to retire dozens of cumbersome Excel files. It ensures data integrity and creates a secure budgeting environment. It eliminates the need to link anything in a workbook and allows for realtime reporting. Additionally, it has led to new efficiencies by pulling in inception-to-date data and facilitating forecasting. Overall our staff have shared positive feedback on their experiences with Jedox.
What do you dislike about the product?
The learning curve is greater than what we had anticipated, though it has still been manageable.
What problems is the product solving and how is that benefiting you?
Jedox has helped us address data integrity/security concerns. Additionally, it has served as a sophisticated, efficient solution for our complex budgeting needs.
It is easy to use, flexible, and provides useful insights into data.
What do you like best about the product?
I like Jedox’s flexibility in the adoption of various business models, ease of use, and handling of complex calculations in large datasets.
What do you dislike about the product?
Enhanced training for the application would improve proficiency
What problems is the product solving and how is that benefiting you?
Jedox has successfully addressed our complex billing model, resource management, expense reports, cost analysis, and forecasting needs, saving us valuable time and resources
Jedox Consultant
What do you like best about the product?
Jedox is very Ease to use, ease to implement. Jedox has the ability to create highly customised and custom build models for complex business structures. Ease to integrate with many different tools.
What do you dislike about the product?
So far so good, I did not come across any downsides yet.
What problems is the product solving and how is that benefiting you?
Jedox is helping me with the Financial Planning and Analysis models. It has great features to perform indept analysis and prompt planning and analysis through its unique cube splash features. It easily integrates with many different ERPs and Accounting systems, and make it easy for our client to have FP&A model setup.
Jedox & Carina Finance
What do you like best about the product?
1. Customization levels - we appreciate having the ability to modify reports based on the users needs (i.e. adding filters, adjusting time periods, switching currencies and entities, etc)
2. Integration with our system GP - having the ability to integrate with our existing system, GP, has made the integration process a lot smoother and easier.
2. Integration with our system GP - having the ability to integrate with our existing system, GP, has made the integration process a lot smoother and easier.
What do you dislike about the product?
1. Lack of excel integration (i.e. inability to input values directly in Excel.
2. Website loading times - at times, the browser may load slowly resulting in processes taking longer than expected.
2. Website loading times - at times, the browser may load slowly resulting in processes taking longer than expected.
What problems is the product solving and how is that benefiting you?
Jedox is solving the following problems for our team:
- Prebuilt reports available which increase efficiency as these reports do not need to be refreshed or compiled periodically to see current results.
- Consistent data presentation which allows us to have comparable data sets for presentations, meetings, etc.
-Provides verify detailed reports which helps us identify issues within our businesses and develop solutions.
- Prebuilt reports available which increase efficiency as these reports do not need to be refreshed or compiled periodically to see current results.
- Consistent data presentation which allows us to have comparable data sets for presentations, meetings, etc.
-Provides verify detailed reports which helps us identify issues within our businesses and develop solutions.
Jedox has been very helpful with troubleshooting and expanding our business needs.
What do you like best about the product?
Administration processes are easy to navigate.
What do you dislike about the product?
Nothing I can think of right now, ETL process can be a bit confusing for a soemone with little technical background.
What problems is the product solving and how is that benefiting you?
It is benfiting us by allowing to report on our plans vs actual volume's sold in our warehouses across the globe.
Quality Program and Customer Service
What do you like best about the product?
Jedox has allowed our forecasting process to be less manual while also providing comfort in its Excel basis, leading to an ease of use and implementation. Prior to Jedox, all forecasting was completed in various spreadsheets across the organization and now we are able to have one central platform for expense forecasting. We have about 50 people utilizing Jedox at once for 2 weeks out of the month and have not experienced any access issues. In the event that something does arise that I am unable to fix myself, our enablement partner, Frankie Li, has been more than helpful. I have received a lot of support from our Customer Success Manager, Courtney Harris and Customer Engagement Director, Bill Glik. We have monthly calls to discuss future integration plans and how to fully ultize the platform. At this moment, we have barely touched the surface of what Jedox can offer, however we are excited to utilize the various features and continue to move toward automated processes.
What do you dislike about the product?
To utilize this platform to its full potential, you need someone in-house to take the training courses and become an expert as it is not easy to just "figure it out".
What problems is the product solving and how is that benefiting you?
Jedox has automated our forecasting process made it more reliable.
Jedox as a complete reporting solution
What do you like best about the product?
Jedox has strong planning and write-back capabilities with its MOLAP structure. Complex modeling is efficiently handled with its ETL processes, cube rules, and dynamic reports. It is easy to implement and integrate with other applications and databases. I can say that Jedox is user-friendly and an all-in-one reporting solution.
What do you dislike about the product?
The reporting side can be improved with more integrated charts and graphs, instead of using third-party tools like high charts. Also, its front end can be more powerful like Power BI and Tableau.
What problems is the product solving and how is that benefiting you?
Management reporting, forecasting, customer analysis, KPIs and ratios, and other business performance measures are effectively handled by Jedox. Its reporting is a key to our business decisions.
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