Archives for May 2015

Two Simple Points to Consider When Implementing an ERP Solution

Enterprise Resource Planning systems are complex to implement, which is why value-added vendors like Accountnet exist.  We have helped hundreds of clients with the planning, rollout and on-going support and maintenance of their Microsoft Dynamics ERP systems.

Implementing an ERP Solution | AccountantAmong the biggest challenges we see for companies implementing ERP systems is a failure to think beyond the needs of financial/accounting departments.  While the backbone of any ERP system is its financial data, other areas of operational information need to be made available to business users, with an easy way for them to see what’s happening in their respective areas of the business. Meaningful reports usually combine information from multiple sources combined into a simple-to-use format.

Do-it-yourself approaches don’t work well with ERP implementations so it’s important to select a vendor who can offer you a choice of business intelligence and reporting tools and help you select and configure the right one for your organization.  Reports should not be highly technical – your managers and operational staff should not have to be analytics experts in order to glean information that helps them do their jobs better. There are many good stand-alone reporting tools for ERP on the market today, including some that include the ability to report on real-time data.

Two simple points to keep in mind as you start your planning:

  • Don’t assume a bundled product will meet your needs. Native ERP reporting tools don’t always have the necessary capabilities and are often difficult to use.  Failing to provide easy-to-use reporting tools can lead to low adoption rates and a failed rollout.
  • Think carefully about your business users – will the selected reporting solution meet their needs?  Look for solutions that deliver real-time reporting and consolidated financial and summarized operational views and provide the ability to drill into supporting details or related data.

Proper assessment in the early project stages ensures an efficient and successful implementation of ERP systems and reporting tools. Let Accountnet help. Contact us today for a free Needs Assessment.

Stand Alone Reporting Tools for ERP Systems

Scribe | Stand Alone Reporting Tools for ERPIf your company uses an enterprise resource planning (ERP) or general ledger system, you may already be aware of how these systems connect to and are fed by other data sources, sometimes via real-time integration with other systems or servers. That’s what makes ERP such a powerful tool for collecting and consolidating information.

But you may also be one of many ERP users that’s discovered that native reporting functions aren’t always sufficient to give you what you want and need, especially when it comes to real-time data.

That’s where stand-alone reporting tools for ERP systems come into play.  More and more report writing products are appearing on the market each day, including many that offer live integration with the general ledger.  These report writers provide the perfect complement for any ERP system, with intuitive interfaces and dynamic design and output that go above and beyond what native reporting functions offer.

Accountnet works with clients to help them sort through the options. And as demand for flexibility in terms of cloud and mobile accessibility for financial reporting increases, Microsoft is leading the way by making more of these stand-alone reporting tools available for use with their Dynamics ERP product line. For example, Scribe Software allows for live-time sharing of financial data while maintaining control and access to Microsoft Dynamics GP, giving you the ability to:

  • Synchronize data automatically to sales, service, and support systems.
  • Eliminate the need for reports, CSV file exports, and ad hoc requests from other areas of the business.
  • Enhance customer information with key financial data to help the business make better decisions when selling servicing its customers.

Account can help you evaluate what is most important to the success of your team: data integration methods; Excel, web-based and/or proprietary interfaces; the ease of use for business professionals, among other considerations; in order to help you select the right reporting tool for your particular ERP system. Get in touch when you’re ready to take a step toward better financial reporting.