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. AP automation automatically routes documents to appropriate staff members for review and approval. This is based on your organization’s unique business rules and can be adjusted. As documents are being automatically routed, document management also allows for real-time visibility into the process. Managers and executives can see the status of invoices, identify bottlenecks and improve their decision making. This all comes together in the seamless integration of a document management solution with Microsoft Dynamics GP. It eliminates manual data entry and consolidates all financial documents into a streamlined paperless business process.

Microsoft Dynamics GP helps you gain deeper business and risk insight from internal and external data. A more comprehensive approach improves the accuracy and integrity of insight that you can gain with actuarial, financial, and operational risk. Microsoft Dynamics GP delivers breakthrough insight into business performance and profitability, improve combined and loss ratios, and provide an integrated view of enterprise-wide risk exposure.

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 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 non-technical employees the information they need to do their jobs well — wherever they are, in whatever application they choose to use. Take the next step towards growth with Microsoft Dynamics GP. Contact us at Accountnet to learn more.

How Can Microsoft Dynamics SL Be Tailored To Your Business Needs?

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Companies have ever changing needs. One of the many reasons customers use Microsoft Dynamics SL is because it can support different types of business needs in parallel, unlike some solutions that focus on one industry. It bridges the gap with comprehensive management software functionality integrated with robust accounting capabilities.

Microsoft Dynamics SL delivers the flexibility and agility that growing companies need to support business today and to be prepared for the future. For financial and project management with better reporting, Microsoft’s quick-to-implement, easy-to-use business management solution has the power to support your growth ambition. And Microsoft Dynamics SL works together with Office 365 to extend the value of your business application with enhanced productivity, collaboration, mobility, and business intelligence.

With Microsoft Dynamics SL, users can

  • Access role-specific information and can perform data-entry tasks, like project time and expense entry, and analysis—all from a smartphone, tablet, or desktop.
  • Drive better decision-making, manage people and finances, and maintain profitability for client services and projects.
  • Have access to powerful project and financial management capabilities designed to meet your unique business needs.

Microsoft Dynamics SL allows you to implement and use SL in a way that fits your business needs. The built in functionality and flexibility makes it a great fit for many industries, especially for companies that use financial tracking across multiple business settings. Additionally, Microsoft Dynamics SL can be deployed in the cloud, hosted with the help of Accountnet, or on your servers. Start with what you need today, and easily adapt as your business grows.

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 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 non-technical employees the information they need to do their jobs well — wherever they are, in whatever application they choose to use. Take the next step towards growth with Microsoft Dynamics SL in the cloud or on your servers—the choice is yours. Contact us at Accountnet to learn more.

Is Deploying Microsoft Dynamics in the Cloud secure?

A cloud environment gives businesses a connected platform that helps automate their core processes and lets them grow their operations efficiently by easily scaling up or down as their business needs change. Microsoft Dynamics accounting software, such as Dynamics GP and SL, has become one piece of a total business solution that helps organizations focus less on their infrastructure and more on their strategic needs. Pairing Dynamics GP or SL with Cloud software integrates your data, reports, and business management software, giving you the ability to see the big picture, with one-click access to the details. Accountnet provides SaaS pricing and hosting options for Microsoft Dynamics by working closely with Data Resolution, a SaaS and web hosting site.

Azure and other public cloud environments, such as AWS, deliver extraordinarily comprehensive cloud computing solutions, but neither natively provides compliance reporting, leaving you to architect, implement, encrypt, and manage it on your own. By choosing managed services from Data Resolution, you can focus on your business rather than hardware and monitoring. Data Resolution manages cloud networking components and virtual machines with optimized tools and processes and can help you with:

  • Migration
  • Enterprise monitoring and reporting
  • Compliance
  • Automatic backups and replication

Data Resolution, a long-standing Microsoft Partner, offers a turnkey approach to achieve and maintain compliance and security on Azure and other cloud solutions and combine it with our expertise in building and managing a cloud environment.

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 train your accounting staff to use it to create the reports they need, so they can analyze data as needed. We can also enable your private cloud, which will provide a connected platform that gives you the freedom to deploy and use technology in the way that makes the most sense for your business. If you want to know more about cloud deployment options, discuss your own managed backup and replication plan, or learn more about Microsoft Dynamics GP in general, you can Contact us at Accountnet and speak to our consultants.

Accountnet, Inc. Named a Top 100 VAR for 2013

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Accountnet, Inc. has been named a Top 100 VAR for 2013 by Bob Scott’s Insights. The Top 100 are chosen from organizations specializing in the sale and implementation of Enterprise Resource Planning (ERP) and accounting software. The selection is based on annual revenue generated by each reseller. A special report that includes names of the organizations selected for this year’s Top 100 list, ranked by revenue, is downloadable at http://www.bobscottsinsights.com.

 

“We want to congratulate this year’s class of Bob Scott’s Top 100 VARs,” said Bob Scott, executive editor of Bob Scott’s Insights. Bob has covered this market for 22 years through print and electronic publications, first as technology editor of Accounting Today and then as the Editor of Accounting Technology from 1997 through 2009. He has covered the traditional tax and accounting profession during the same time, and has continued to address that market as executive editor of the Progressive Accountant since 2009. He has been informing and entertaining the mid-market financial software community via his email newsletters for 14 years, and has published this information via the Bob Scott’s Insights newsletter and website since 2009.

 

Acccountnet, Inc. reached the Top 100 by building customer relationships and customizing software solutions to meet the needs of  each client. To quote COO John C. Peace, “We have always stressed a consultative approach versus a ‘quick sales’ approach for existing customers as well as new clients. Instead of pushing a hard-sell approach, we get to know prospects and customers first so we can map out a solution customized to each business. The sales process takes longer, but we believe in the long run it leads to more relationships, mutual satisfaction between our firm and our clients, and trust.”

 

 

 

 

Get a Handle on Your Requisitions and Invoice Approvals with ReQlogic

Most companies, regardless of size or industry, need to buy goods and services it needs to operate or manufacture products. A business may spend up to 70 percent of every revenue dollar on everything from raw materials to tech services, and since the recession there has been a much greater focus on streamlining purchasing as a way to lower operating costs.

Getting a Handle on Requisitions and and Invoice Approvals with reQlogic

Traditionally, the purchasing process involves submitting a requisition, soliciting bids or floating RFQs, generating a purchase order, shipping advice, invoices, and tracking payments – it can be unacceptably slow, expensive, and labor intensive, whether the item being purchased is a box of ball point pens or a ten thousand dollar piece of specialty equipment.  Purchasing is essentially thought of as a clerical function, focused on getting the right quantity and quality of goods to the right place at the right time at the best price.  But in recent years, many companies have tried and succeeded in reaping bottom-line gains through revamping their purchasing processes.

For companies that are using Microsoft Dynamics ERP products, an add-on called ReQlogic can help you automate your purchasing and vendor invoicing cycles, improving the efficiency and accuracy of transactions and driving down costs. With ReQlogic’s easy to use browser-based interface and real-time integration with Microsoft Dynamics, employees can submit and review transactions anytime, from anywhere.

ReQlogic allows you to define approval and workflow steps based on any attributes of a transaction: value, type, commodity, user, department, group, project, GL code, vendor, item, budget, personal authorization level or you can define you own fields. Authorized reviewers may make changes to the transaction, delegate to another reviewer for approval, or ask a question of another user who can respond, or reject a transaction.

The power of ReQlogic extends beyond traditional purchasing workflows.

  • Expense Reporting/ReimbursementEmployees can enter their expense reports, or import expenses from bank and credit card accounts regardless of the originating currency. ReQlogic ensures that the appropriate approval takes place and complies with departmental budgets. Real-time integration into the ERP eliminates duplicate entry.
  • Online ReceivingReQlogic provides a decentralized approach to receiving goods so that users in remote locations can create receiving transactions and facilitate the invoice matching process.
  • Connect To Your Vendors’ CatalogsReQlogic “PunchOut” feature allows a buyer to access a supplier’s website from within ReQlogic. After purchasing and “checking out” of the vendor’s system, the contents of the shopping cart are transferred into an open requisition, which in turn is routed for appropriate approval(s) and converted to a purchase order.

Additionally, ReQlogic’s mobile interface enables users to use their mobile devices to track the status of requisitions and expenses, review requisitions, expenses and vendor invoices, and take approval actions, as needed.  You can also process non-PO vendor invoices and check requests, and attach scanned documents so that reviewers are able to make informed decisions. Real-time integration into the ERP eliminates duplicate entry and its multi-language capabilities (including double-byte characters) and seamless integration with all of the Microsoft Dynamics ERPs make it the solution that partners recommend most to their customers.

If you are among the many businesses that need help streamlining your purchasing processes, contact us. We are Microsoft Gold Certified Partners and expert in the implementation of Microsoft Dynamics.