Velixo vs Jet Reports

Live reporting and writeback in native Excel. AI assistants. Multi API support. Automatic consolidation. No server infrastructure. No extra software.

Velixo connects directly to Business Central and puts live data into the Excel workbooks your finance team already uses. Pull any data, drill to transactions, push journals, budgets, forecasts, and allocations back from the same workbook, without leaving Excel. Fully self-service, with Budgeting built-in, AI assistants and a strong user experience.

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Home Compare Velixo vs. Jet Reports

Two Different Eras of ERP Reporting

Jet Reports was engineered during the on-premise era of ERP infrastructure. Built originally as a desktop-bound COM add-in, it operates on a traditional “design first, then run query” workflow. To scale its features over its history, its parent company (insightsoftware) introduced a multi-component ecosystem requiring distinct server installations, separate web hubs, and external software integrations just to handle core features like scheduling or budgeting.

Velixo was engineered from the ground up for the modern cloud-SaaS era. Operating as a unified, lightweight Excel add-in, Velixo establishes a direct, real-time API connection to Business Central without the need for staging tables, local servers, or data warehouses. Instead of forcing finance teams to jump through fractured administrative layers, Velixo delivers a single-product experience where real-time reporting, automated distribution, and bidirectional data writeback live natively inside your workbook.

Where the difference becomes concrete

Velixo
Jet Reports
Platform
✅ Modern Excel add-in (Windows, Mac, Excel Online). Single product. Microsoft authentication. Security respected.
❌ Legacy Excel COM add-in (Windows only) transitioning to a modern add-in. Fragmented offering with extra add-ons.
ERP depth
✅ Deep integration. Tailored functions. Multiple APIs supported or query tables directly.
✅ Query tables directly. Some optimizations.
User experience
✅ Real-time. Excel-like experience with dynamic functions, Query Builder, smooth drilldowns.
Design-first, then run to refresh data in real-time. 4 generic functions. Report Wizard, Table Builder. Rigid Drilldowns.
Multi-company consolidation
✅ Automatic consolidation within and across tenants. Simply select companies. Use single functions.
Complex. Requires multiple functions & replicators
Bi-directional (Writeback)
✅ Built-in Writeback functions for creating GL Journals, Budgets, or any API object.
❌ Not supported. Budgeting available as a seperate insightsoftware product. No equivalent for GL Journal or Universal Writeback.
AI assistants
✅ Velixo Intelligence AI that analyzes, troubleshoots, creates queries/reports and automates workflows.
✅ Lineos (available in higher license tiers) with Doc, Data, Report and Content AI Assistance.
Tools
✅ Query Builder, Snapshot, Freeze, Slice, Distribution by email
✅ Replicator, Distribution by email, various builders.
Self-Service
✅One-click add-in install. Self-Service. No IT-dependency. Single user type.
❌ Some complexity. Data model knowledge required. Expensive installation and training options.
Value for Money
✅ Low TCO, free education & training
Higher TCO, with extra implementation and add-on fees.

Query Data vs. Run Your Business

Ultimately, choosing between these systems is a choice between two distinct software philosophies. Jet Reports functions as a traditional data query engine; Velixo establishes a live, bidirectional data flow for users to run their finance-led business scenarios. 

Velixo connects directly to Business Central, enabling real-time reporting and seamless drill-downs within Excel – no pop-ups, no data exports, and no waiting for reports to refresh. At a high-level, what truly differentiates Velixo from Jet Reports is:

  • its simplicity and flexibility, enabling self-service and easy consolidations.
  • its bidirectional integration with Business Central, enabling budgeting and powerful workflows that any user can build themselves.
  • its single-product platform and modern architecture. 

Coupled with its built-in AI assistants and its dozens of pre-built report templates, the result is a faster, more intuitive reporting experience.

In short, Jet Reports helps you query data with the help of IT. Velixo helps you run your business from Excel, at a fraction of the costs of Jet Reports.

Don’t just trust our words!

Velixo is trusted by 3400+ companies (12,000+ users) using it every day. It is a G2 Leader on the Financial analysis Grid, and boasts the highest user satisfaction!

G2 Grid® for Financial Analysis Software | Summer 2026

Common questions from teams evaluating Jet Reports

What are the main differences from a user experience perspective?
  • Velixo: Velixo is designed for Excel users first. Rather than introducing a separate reporting paradigm, Velixo extends native Excel functionality with Business Central-specific functions that can be combined naturally with standard Excel formulas. Functions such as BC.TURNOVER and BC.EXPANDDIMENSIONRANGE are purpose-built for Business Central reporting, making report creation faster and more intuitive. Velixo’s functions are also fully cell-based and refresh dynamically while reports are being designed or when filter values change, providing immediate feedback and a highly interactive reporting experience. Users work directly in Excel, with full visibility into formulas and calculations at all times. Importantly, companies’ data also automattically consolidates – it becomes a company selection effort rather than juggling multiple functions and formulas.
  • Jet Reports: Jet Reports uses two distinct user roles (Designer and Viewer) and separates report creation from report consumption through Design and View modes. In View mode, formulas are hidden and report results are only refreshed when users explicitly run the report. This creates a more structured workflow but introduces additional steps and frictions between designing, analysing, and updating reports. Users create reports using 4 generic functions and Replicator features and require knowing the underlying table schema.

The Bottom Line:
Velixo offers a single, unified product and experience. Every user can build, maintain, and own their reports without requiring specialised report designers or IT involvement. The result is a true self-service reporting environment that feels native to Excel, compared to the more segmented and traditionally IT-driven approach often associated with Jet Reports.

Does Jet Reports support writeback to Business Central?

No, Jet Reports does not provide native writeback functionality. Budgeting capabilities are available through separate insightsoftware products that require additional licensing and implementation and operates independently from the Jet Reports experience. Insightsoftware offers no solutions outside of Budgeting, for GL Journals or writeback to any object.

Writeback is one of Velixo’s most significant differentiators. The value extends far beyond the feature itself – it’s about eliminating manual processes and enabling finance teams to automate recurring business activities directly from Excel.

Instead of manually creating journal entries in Business Central or relying on separate budgeting and planning solutions, users can leverage the same Velixo workbook to analyse data, perform calculations, collect inputs, and push results back into Business Central. Common use cases include allocations by dimension, account, or period, budget creation based on actuals, accrual calculations, intercompany postings, and other repetitive finance processes.

The result is a more efficient, controlled, and scalable process that saves time, reduces errors, and maximises the value of both Excel and Business Central.

How does Velixo compare to Jet Reports' Replicator feature?

Jet Reports: Jet Reports includes a feature called Replicator, which automatically duplicates report sections across rows, columns, or worksheets based on parameters defined in a function. This enables users to dynamically expand reports without manually copying formulas.

Velixo: Velixo takes a different approach by leveraging modern Excel capabilities. Thanks to Dynamic Arrays and Spilled Ranges, many scenarios traditionally addressed by Replicator can now be achieved natively within Excel. Velixo functions are designed to work seamlessly with these capabilities, giving users greater flexibility and control while keeping report logic visible and easy to understand.

Rather than relying on a proprietary replication engine, Velixo allows report designers to build highly dynamic reports using familiar Excel functionality. This results in a more transparent and maintainable reporting experience, particularly for finance teams that are already comfortable working in Excel.

In addition, Velixo provides a dedicated feature called Slice, which can automatically generate multiple worksheets or workbooks from a single report template based on one or more filter values, such as departments, business units, locations, or dimensions. This is particularly useful for distributing personalised reports to managers or stakeholders while maintaining a single source report design.

The Bottom Line:
Jet Reports’ Replicator was an innovative solution for creating dynamic reports before modern Excel introduced Dynamic Arrays and Spilled Ranges. Velixo embraces these native Excel capabilities, allowing users to achieve similar outcomes using standard Excel functionality while keeping reports simpler, more transparent, and easier to maintain. For report distribution and segmentation scenarios, Velixo’s Slice feature provides powerful automation with minimal setup.

What are the pricing differences?

Jet Reports: Jet Reports follows a modular licensing approach, with pricing influenced by a variety of factors including user types, user counts, environment connections, infrastructure requirements, and optional software. Organizations often need to evaluate multiple components and add-ons to achieve their desired reporting, analytics, planning, and budgeting capabilities. As requirements grow, additional considerations may include expanded user access, support for multiple Business Central environments, dedicated infrastructure, analytics tools, AI capabilities, and extra insightsoftware products such as budgeting and planning solutions.

Velixo: Velixo takes a much simpler approach with a small number of clearly defined plans designed to scale with customer needs. Most organizations can quickly identify the plan that best fits their requirements, without needing to navigate a complex matrix of modules, infrastructure components, or separate product offerings. Velixo also consolidates reporting, budgeting, and writeback capabilities into a single platform, reducing the need for additional software and simplifying both procurement and administration.

The Bottom Line:
The difference is not just about licensing costs – it’s about total cost of ownership. Velixo is designed to be easier to evaluate, purchase, deploy, and manage. With fewer moving parts, less infrastructure, and a single, unified user experience, organizations typically benefit from lower implementation effort, faster onboarding, reduced maintenance overhead, and greater long-term value. ROI is simply achieved faster with Velixo, and with higher user satisfaction.

See it with your own data

Bring an Intacct report, budget model, or allocation workflow your team runs today. We’ll rebuild it live in Velixo using your Intacct instance, your workbook structure, your data, so you can see exactly what changes and what stays the same.

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