How Can The Microsoft Cloud Enable Better Financial Reporting?

Cloud computing and financial reporting are no longer just buzzwords — they are driving business transformation for small and midsize businesses. By bringing together business applications and familiar productivity tools, Microsoft Dynamics in the cloud can now offer the insights you need to better understand your customers and drive your success.

Intelligence as an advantage. Everything around us is measured, effectively making every business now a data-driven one. How can that be used to your advantage? Intelligent business solutions combine people, data, systems, and processes for a real-time view of what’s going on. Watching these data shifts can lead to more successful decision making, such as in which areas of your business you should invest in technology. This can be achieved with business analytics,  like Power BI and Management Reporter. [Read more…]

How Can Microsoft Dynamics GP’s Accounts Payable Automation Solve Today’s Problems?

More and more organizations are looking for an easier way to do vendor invoice approval. The person able to authorize payment and signify his or her approval of a supplier invoice still requires an additional check signer. If the check exceeds a certain amount, a second check signer is required. This control supposedly gives multiple senior-level people the chance to stop a payment. In reality, it is more likely to only introduce another step into the payment process without really strengthening the control environment.

The term “accounts payable automation” or “AP automation” is used to describe the ongoing effort of many companies to streamline the business process of their accounts payable departments. The accounts payable department’s main responsibility is to process and review transactions between the company and its suppliers. In other words, it is the accounts payable department’s job to make sure all outstanding invoices from suppliers are approved, processed, and paid. Processing an invoice includes recording important data from the invoice and inputting it into the company’s financial, or accounting, system. After these tasks are accomplished, the invoice must go through the company’s business process to be paid. [Read more…]

How Does Microsoft Dynamics GP Help You Better Control Your Accounts Payable?

Did you know that by using important finance information already in Dynamics GP and pushing the boundaries of process automation, you can increase productivity, efficiency, and control over your AP processes?

 

You can quantify the real business impact AP automation has throughout the invoice lifecycle due to:                Reduced error rates

  •                 Faster workflows and approvals
  •                 Improved visibility and tracking
  •                 Better deployment of working capital

 

Controllers have realized the detriments of paper-based accounts payable processes, and the benefits of document management to help curb these challenges. Document management/ AP automation solutions utilize optical character recognition (OCR) technology, which automates the capture of data from invoices and other documents. This means that paper does not need to be scanned and information entered manually. When this information is extracted, the solution matches all related documents to a transaction and links it to the information within Microsoft Dynamics GP.

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How can Microsoft Dynamics GP enable better reporting today?

Microsoft Dynamics GP

One of the best defenses against business setbacks, and an important driver of business performance, is having an up-to-date accounting system that minimizes risk and enables the creation and preservation of value. Successful organizations know how to take advantage of opportunities and counter potential flaws and therefore improve their performance, in many instances through effective application of controls. With a business solution from Microsoft Dynamics GP, whether in the cloud or on your servers, you are able to better manage your financials:

 

  • Support your business goals and growth ambitions via currency and consolidation tracking.
  • Effectively manage finances with powerful business applications that are quick to deploy, like Workflow, easy to use and can enable more growth for your business needs.
  • Grow efficiently — use SQL technology to reduce costs and really enable your data access to track more data from other systems.
  • Safeguard your business by setting up role-based security to keep your data protected and be prepared for the unexpected so your business never misses a beat.
  • Do business anywhere — get the benefits of more mobilization with Microsoft Analyzer, which can access dashboards and information and have them work together wherever you are located.

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How can Microsoft Dynamics SL Multi-Company track companies easier in 2018?

You and your employees both have a desire to grow your business. In order to reach this goal, you need innovative solutions to evolving problems. Microsoft Dynamics SL delivers long-term value with a solution that is easy to adapt and connect with other line-of-business applications and the Microsoft technology that you already use in your organization. Comprehensive out-of-the-box features and quick, customizable options get you up and running fast and affordably.

Microsoft Dynamics SL has powerful financial management capabilities in the Multi-Company module that can meet the unique needs of your organization. Easy to learn and effective in use, Microsoft Dynamics SL works with the technology systems you already have to deliver long-term value without a complex and costly implementation. [Read more…]

How is Microsoft Dynamics Financial Reporting so Important in 2018?

Whether you are outgrowing entry-level accounting software, rubber-banding an outdated legacy solution, or simply tired of paying annual maintenance fees to a vendor that provides little to no value or lack of report distribution—now is the time to give your people the reporting tools they need to succeed. Microsoft Dynamics GP is an easy-to-use business solution with the power to support your business ambitions.

Microsoft Dynamics Financial Reporting

 GP works the way you do

Dynamics GP supports your core business needs with comprehensive built-in capabilities that are easy to report on, even with multiple companies. You can be confident that Management Reporter is used for the creation, distribution and analysis of financial statements. [Read more…]

How Can Microsoft Dynamics GP Add Value – and Growth – in 2018?

You and your employees share a common aspiration to grow your business. To reach this goal, you need a solution that can support changing demands along the way, accommodate new business processes and lines of business, and scale as your business grows. Simple to learn and use, Microsoft Dynamics GP works with the technology systems you already have to boost daily productivity and deliver long-term value without a complex and costly implementation:

 Microsoft Dynamics GP

 

With Dynamics GP 2018 you can now benefit from some new features such as:

1.       Comprehensive Doc Attach: The next evolution with comprehensive Doc Attach on most master record windows, inquiry windows and transaction entry windows.

2.       User Experience: Giving users easier and faster ways to get to and find the data they are looking for to make decisions based off the information stored in Microsoft Dynamics GP.

3.       Optimize Financials :Recognizing the voice of our customers, you’ve provided the feedback, we’ve optimized your Financials experience in Microsoft Dynamics GP 2018

4.       Workflow: With the release of Microsoft Dynamics GP 2018, we continue to extend the capabilities of Workflow. In addition to new workflows such as GL Account and Purchase Invoice, and workflow capabilities like copy step and reminder emails. Allow power BI to provide Dashboards with your Office 365 applications

5.       Power “Suite” Evolution: Support Paging and Filtering in OData Services, Support OData V4 and what you all have been waiting for GP Power BI Content Pack. [Read more…]

How Can You Purchase Microsoft Dynamics GP Today?

Microsoft Dynamics products can help businesses be more productive and their investments in existing systems last longer. At the Accountnet Cloud, you’ll find information including featured content, blog posts, product fact sheets, executive biographies, event images, product demos and screenshots. We begin this initial process with an extended relationship analysis (ERA) review.

Microsoft Dynamics GP

 Get up and running quickly- More than just small-to-midsize business accounting software, Dynamics GP is an accounting solution that makes it easy to start with only what you need now, and then adapt as your needs change. It’s flexible, configurable, and designed to grow with you. [Read more…]

How QuickBooks Users Can Achieve Success with Microsoft Dynamics GP?

Dynamics GPFor companies moving from QuickBooks, we offer a proven process, refined by many QuickBooks customers who have made the change to Microsoft Dynamics GP. When you choose Microsoft Dynamics GP, you can focus on growing your business, rather than on the technology supporting it. Everything you need – your operating system, database, personal productivity tools, e-mail, and business management system – comes from one trusted partner, Microsoft. By delivering a cohesive solution that helps lower implementation and long-term ownership costs, Microsoft Dynamics GP frees you to harness the power and flexibility of an award-winning business management solution.

 

In addition, many current QuickBooks customers — who may be frustrated with the software’s older architecture but have put up with it because they did not feel the need to change their accounting codes— will now be forced to change in the next few years. This is due to changes in technology, the cloud; evolving business needs, since controllers and CFOs realize the benefit of tracking more accounting data for today’s business. More and more organizations are looking to track currency, automated financial reports versus excel and have the need for secure data.

[Read more…]

Microsoft Dynamics Is Better Enabled in the Cloud

Dynamics GPCloud computing and financial reporting are no longer just buzzwords — they are driving business transformation for small and midsize businesses. By bringing together business applications and familiar productivity tools, Microsoft Dynamics in the cloud can now offer the insights you need to better understand your customers and drive your success.

 

Intelligence as an advantage. Everything around us is measured, effectively making every business now a data-driven one. How can that be used to your advantage? Intelligent business solutions combine people, data, systems, and processes for a real-time view of what’s going on. Watching these data shifts can lead to more successful decision making, such as in which areas of your business you should invest in technology. This can be achieved with business analytics,  like Power BI and Management Reporter.

 

Clear view of business performance. Implemented by Accountnet to meet your needs, Microsoft Dynamics GP brings together feature rich accounting power and insights to give you a holistic view of the data that makes up your business decisions. With this Special Financial Reporting, you can take that 360-degree view and identify time and cost savings, areas for performance boosts, and manual processes that can be automated for efficiency.

 

Transforming your business with data. Many businesses are already seeing marked improvements in financial management and tangible time savings by automating manual reporting processes. Examples include reducing month-end closing time and recovering hundreds of hours a year in time spent processing transactions. And by capturing operational data in real time, many organizations are now able to grow their business at a rate that sets them apart from competitors.

 

The pace of business is faster than ever, and finance leaders understand the importance of agility when responding to a changing business landscape. More and more IT departments are benefitting from Office 365 and the Microsoft Cloud. Microsoft Dynamics GP in the cloud manages complexity and drives business agility by connecting people, financial reporting and integrations with other systems. The benefits of online products and services may add value to your Accounting and Purchasing departments, also help enable management making better decisions.

 

Are you ready to use data to transform your business? Work with Accountnet to explore how Microsoft solutions for small and midsize businesses can help you get more out of the data you already have and put it to work for you. As a Microsoft Gold Certified Partner, Accountnet helps companies get up and running with Microsoft Dynamics. We don’t just install and configure the software — we also train your accounting staff to use it to create the reports they need, so they can analyze data as needed. Our solutions give both technical and nontechnical employees the information they must have to do their jobs well — wherever they are, in whatever application they choose to use. Take the next step toward growth with Microsoft Dynamics. Contact us at Accountnet to learn more.