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How Automated Reporting Will Transform FP&A in 2026

Handling thousands of reports weekly is an overwhelming, complex task. Imagine having to analyse data from many different sources, inserting all the information into a spreadsheet and putting it in a well-organised document. It is a repetitive, time-consuming process that requires effort and it is prone to mistakes.

Today, these manual tasks can be automatically generated using automated reporting software. You will save time and effort while providing more accurate data that will benefit both your clients and your business.

This article highlights the power of report automation, how to implement it in your business and explores any new opportunities for accurate financial analysis in the long run.

What Is Automated Reporting?

Automated reporting is the process of generating reports automatically, avoiding the tedious, repetitive tasks done manually. Using automated software will save you headaches and handle your reports for more accurate financial reporting. 

Once you decide what data to include, how to look and how often to refresh, the system takes over so you don't have to do tasks by hand. It automatically pulls in new data and generates updated reports whenever you need them. Automatic reports make sure that everyone who needs to see the information always has the most recent version.

Automated reporting can look different depending on your needs. You might need to generate personalised reports for hundreds of clients at once, or something as simple as sending weekly sales updates. No matter the reason, the main idea is to provide more accurate, efficient and reliable results. 

Benefits of Having Automated Reports

There are a lot of advantages that automated reporting software provides, including:

Increased Report Accuracy

Accuracy is everything when it comes to reporting data. Even a minor mistake can lead to serious errors that affect the results. This can happen especially if things are done manually. With an automated tool, all reports are automatically processed and shared. 

This method provides more accurate tracking of results, so every change is made in real time. For example, imagine your sales team has to manually update the monthly performance report in Excel. With an outdated spreadsheet and poor spreadsheet management, the reports will be irrelevant, which may affect the revenue numbers. 

With report automation, systems will directly pull data from your CRM or other sources in real time, ensuring every number is current and accurate.

Enhanced Communication and Productivity

Automation enables teams to communicate and collaborate more effectively because every team member has access to the same automating reports software. This improves communication and helps teams stay aligned, while reducing mistakes and conflicts. 

Communication is very important for accurate reports. For instance, if you are waiting for someone to manually complete and email the latest sales report, the software does that automatically, making it visible and available to the entire team. The team will spend less time analysing these reports and be more efficient.  

Real-Time Reporting Access

There are many situations when you need data quickly. A simple automated report is very useful in these situations. One of the best methods to get insights into your financial activities is through reports, but not all reports are equally useful. 

Let's say that your monthly sales numbers suddenly drop. How long will it take to dig through the spreadsheets and figure out what went wrong?  Real-time data access is crucial at this moment, whether you are a small business, a startup or a large enterprise. 

If you have to wait days or weeks for a basic dashboard, you will lose potential clients and sales while you try to collect and share the reporting data.

Greater Data Security

Every business handles sensitive data that needs to be protected from phishing and cyberattacks. With automated reports, you can control who can access data. It is especially crucial that only authorised users view or change data, as this reduces the risk of errors that could impact the overall financial health. 

Imagine someone unreliable tries to change important data in your system. This will not only lead to mistakes but also affect the credibility of your organisation. 

Common Scenarios for Report Automation

Handling a large volume of reports, whether weekly or monthly, is time-consuming. Here are several different areas where automation reporting plays a crucial role in faster FP&A solutions:

Finance Team

  • Financial Reporting: Automation helps by collecting financial statements such as income statements, cash flow reports and balance sheets. It ensures accuracy and accelerates month-end and quarter-end closes.

  • Variance Analysis: It can also automatically generate budget vs. actuals reports. This allows teams to quickly identify discrepancies and make adjustments.

Forecasting and Budgeting Team

  • Updated Forecasts: Streamline updated forecasts by pulling data from CRM and ERP systems, enabling faster scenario planning and real-time visibility into every change.

  • Budget Reconciliation: Automated reports software can quickly analyse and reconcile budgets across all departments and ensure your client’s financial records are accurate and compliant. 

Operations Team

  • KPI Dashboards: Automated dashboards track key metrics for growth from revenue and operating expenses to customer satisfaction. These insights can help teams to align financial goals and optimise performance. 

  • Performance Monitoring: Automated reports providesmooth workflows and boost team efficiency. Every bottleneck can be monitored to find areas for improvement.

Marketing and Sales Team

  • Performance Optimisation: Automated reporting enables tracking campaigns' performance on social media and ROI. The client can quickly access these reports and save money. 

  • Marketing Analysis: With automated dashboards, it can better understand and monitor which activities deliver the best results.  

How to Automate Reports with Mercur for Faster FP&A

Mercur empowers FP&A teams to automate reporting processes, enabling faster and more accurate financial planning and analysis. By automating reporting, FP&A teams can reduce manual workloads, improve data accuracy and speed up important processes, leading to more agile and informed financial strategies.

Here's how you can successfully automate reports with Mercur:

1. Integrate Your Data Sources

Start by connecting all relevant systems like ERP, HR and accounting platforms to Mercur. This integration ensures consistency and accuracy and reduces manual data handling.

2. Choose Reports to Automate

Prioritise high-impact reports such as cash flow statements, budget summaries and KPIs dashboards. Always choose reports that require time to analyse or are needed as soon as possible. 

3. Build Automated Templates

You can choose one of Mercur’s template builders to define metrics, layout and filter for each report. What makes it user-friendly is that you can customise the reports to meet the client’s requirements while maintaining a consistent format. 

4. Schedule Reports

Set up automated delivery for daily, weekly, monthly, or quarterly reporting. Mercur allows you to define recipients, delivery formats and timing so that reports arrive exactly when needed.

5. Monitor Performance

With Mercur’s dashboards, you can regularly monitor different metrics to ensure accuracy and data integrity, completeness of processes and identify areas for adjustments. The templates can be customised to your needs.

6. Optimise Regularly

Leverage Mercur’s analytics to track the performance and engagement of the user and stakeholders. Make schedules over time to maximise efficiency or refine templates to provide better insights and improve productivity. 

Among all these functionalities, Mercur is a comprehensive finance EPM platform that streamlines and accelerates FP&A processes. With ERP integration, it becomes the perfect tool for faster, more accurate decision-making. Automated workflows for reconciliation reduce errors and shorten the budgeting cycle.  

Conclusion

Automated reporting is more than just a time-consuming process. It’s about delivering more accurate, relevant and secure financial data to reduce risks and bottlenecks. From customisable dashboards and templates to scheduled updates and real-time monitoring, you can find a solution that best fits your workflow.

Don’t worry if you have monthly reports to analyse and put in a well-organised document. Book a demo with Mercur and find out the benefits you can expect from having automated reports. 

 

 

 

Mercur Solutions (UK) Limited - UK office

Mercur Solutions Limited
Lily Hill Court, Lily Hill Road, Bracknell, RG12 2SJ
United Kingdom
+44 (0) 1344 388 025

Mercur Solutions AB - head office in Sweden

Mercur Solutions AB
Vretenvägen 13
SE-171 54 Solna
 
+46 (0)-459 69 00

 

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Gothenburg

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SE-411 17 Göteborg 

Mercur Solutions

A Swedish company with 50 years of experience, delivering solutions for performance management and business intelligence.

 

 

 

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