Solver Announces New Integration with Microsoft Fabric
Empowering finance teams to transform data into actionable insights across the enterprise with Solver FP&A for Microsoft Fabric data.
Solver, an AI-accelerated xFP&A (extended financial planning and analysis) software company, has announced its latest integration with Microsoft Fabric. This innovative connection enables Solver customers across various industries to access top-tier planning and reporting solutions, allowing deeper insights into their data.
The collaboration builds upon Solver's multi-faceted AI strategy, which was highlighted at its customer conference, showcasing a focus on enhancing financial analysis and planning capabilities.
The integration with Microsoft Fabric significantly enhances a company's financial planning and analysis by tapping into Microsoft Fabric's unified data framework. This platform streamlines the processes of data movement, storage, engineering, and analytics into a single Software as a Service (SaaS) solution powered by Microsoft OneLake. By linking Solver's xFP&A Suite with this centralized data source, finance and operations teams can conduct planning, reporting, and analysis directly on trusted, governed data.
According to Mike Applegate, Chief Technology Officer for Solver, "Solver's Microsoft Fabric integration empowers businesses to transform their operations through several key capabilities. Users can design reports and budget forms within Solver's Excel add-in, all connected to the governed Microsoft Fabric data. This allows for creating professional financial and operational reports while automating budgeting and forecasting processes. The integration supports dynamic, driver-based models leveraging Microsoft Fabric data, consolidating key data into Solver for streamlined financial processes."
Solver's integration is designed to function seamlessly across all Microsoft Fabric experiences, including Lakehouse, SQL, Synapse Data Warehouse, and other essential components, ensuring uninterrupted access to governed data. Even for customers using legacy Azure SQL Data Warehouse workloads, these services will continue to operate without any disruption, maintaining a dedicated SQL pool within Synapse.
Nils Rasmussen, Chief Executive Officer, highlighted the significant benefits of this integration: "By integrating Solver with Microsoft Fabric, business insights become accessible throughout an organization, ensuring finance and operations work from the same source of truth. We empower CFOs, CTOs, and finance teams with the ability to visualize complex data through easily shareable graphs and dashboards, maximizing the potential of their data. This enables rapid responses to market changes."
For instance, users can create various financial scenarios and conduct simulations to identify the most effective strategies. By incorporating operational drivers such as product, region, or channel data from Microsoft Fabric, finance teams can gain immediate visibility into how these factors affect their profit and loss statements, balance sheets, or cash flow statements.
Learn more about Solver's integration with Microsoft Fabric to discover how it can enhance your financial analytics and reporting capabilities.
About Solver
Solver offers an AI-accelerated extended financial planning and analysis solution that extends access to actionable insights beyond the finance department and accelerates informed decision-making. Their patented QuickStart integration technology provides swift access to customizable templates, enabling finance and management professionals to enhance their planning, reporting, and analysis processes. Users can quickly get started with familiar Excel-based functionalities to build customized reports and models. With Solver, organizations can turn their data into a strategic advantage for enhanced success.
Contact Information
Liz Anderson
Vice President of Global Marketing
310-691-5300
Frequently Asked Questions
What is the purpose of the Solver and Microsoft Fabric integration?
The integration aims to enhance financial planning and analytics by providing seamless access to trusted data, enabling better reporting and decision-making across finance and operational teams.
How does Solver support budgeting and forecasting processes?
Solver automates these processes through dynamic, driver-based models that leverage data from Microsoft Fabric, helping streamline financial operations.
Who can benefit from the Solver integration?
CFOs, CTOs, finance teams, and operational groups can greatly benefit by visualizing complex data and utilizing it collaboratively for informed decision-making.
What industries can utilize this integration?
Solver's integration with Microsoft Fabric is designed for various industries seeking to enhance their financial reporting and analysis capabilities.
How quickly can users set up and start using Solver?
Thanks to Solver's QuickStart technology, users can quickly access customizable templates and utilize Excel-based functionalities for rapid deployment.
