Got it - Struggled with Management Reporter 2012 Wizard to Convert FRx. My problem started with 32bit Office on the Server.
Get MAD Engine 64 bit
https://www.microsoft.com/en-us/download/details.aspx?id=13255
Download - Save because it will not run. Instead, run it with the attribute \passive from the command prompt.
AccessDatabaseEngine_x64.exe \passive
Source: ax2012dmfdataimport.blogspot.com/.../dynamics-ax-2012-dixf-issues-and.html