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Three Reasons Organizations Should Embrace Cloud Accounting Now


Organizations such as healthcare groups and non-profits have a different set of challenges when it comes to accounting than other for-profit businesses. For one, they don’t have the looser budgets and deeper pockets that enterprises have—giving them the freedom to experiment with technologies and automation. This obstacle often prevents healthcare and non-profit organizations from truly discovering the possibilities of a solution like cloud-based accounting. But they are the organizations that can benefit most of all from them.

Legacy systems like spreadsheets only get you so far, and as your organization serves more patients or works towards its mission with greater achievement, your accounting needs become more complicated. This is where organizations must consider embracing the cloud for accounting operations—or risk stagnating innovation, inhibiting the customer experience, and falling behind. Below are the top three reasons organizations should consider a cloud move sooner rather than later.

1. Make the Most of Every Dollar
When you don’t have expendable cash to put toward technologies that might not serve your organization best, you can rest assured cloud accounting is a smart investment. Your manual accounting methods are likely draining your organization of time and efficiency—not to mention dragging down human employees with repeatable work. Cloud accounting solutions introduce automation into your organization so you can speed up tasks like invoicing and payroll, in addition to being able to integrate with your existing solutions so you don’t have to perform a complete overhaul.

The nature of the cloud is flexibility, so with cloud accounting, you are only paying for the technology you’re using—and no more. You do not have to pay for costly infrastructure or hardware, and you can scale to the number of users you have, giving you cost efficiency if you need to scale up or down.

You’ll also save on paying for upgrades as cloud-based accounting solutions automatically update themselves. This means your team is also freed from having to conduct time-consuming technology upgrades.

2. Get Top-Tier Security
It’s natural to question the security power of something based in the cloud—after all, if it’s not on your premise, how can you control the solution? The reality is just the opposite. Cloud accounting solution providers have made significant financial investments to shore up their security capabilities and guarantee the protection of their customers, especially because accounting data can be sensitive. The notion that cloud technologies are less safe than on-premise, hardware-based ones is outdated.

And since your team is no longer responsible for manually updating your solution in a cloud setting, you will be rest assured that your organization is always using the most up-to-date version of your accounting solution. You’ll eliminate the security risks that come with using a solution that could go out of date—or worse, manual methods that could result in lost files.

3. Support a Competitive Working Environment
Finding and retaining the right talent is another unique challenge for healthcare and non-profit organizations. Today’s workers are looking for the ability to work from anywhere, sophisticated tools, and other flexibilities. The cloud gives you all that and more. Your accounting team will be able to collaborate and access files from any device with an internet connection—enabling them to be productive on their own schedules.

With a mobile workforce, your organization will be better prepared to move with the tides and stay online during unpredictable moments. With your data safe in the cloud and your employees connected through a single platform, your team will improve communication and collaboration in order to speed up workflows, approvals, and other projects.

The Time for Cloud Is Now
If you’ve waited to embrace this important technology, you’ll find your contemporary organizations pulling ahead of you soon. Organizations are saving money, improving work, and gaining competitive ground through the cloud—you can be one of them. Accountnet has been helping organizations of all industries and sizes in the New York region make the move since 1996. Our experts are there with you through implementation, support, and training so you can maximize your dollars and get the most out of your solution. We’re happy to answer any questions you have—reach out anytime.
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Three Reasons Businesses Are Moving Accounting Operations to the Cloud


Chances are you’ve heard of cloud technology and you use it in your personal life. (Have you ever used a Google doc? That’s the cloud!) But cloud technology for businesses has grown massively over the last 10 years—accelerating even faster as a result of the pandemic. The cloud supports a hybrid workforce, enables scalability as your business evolves, and can help cut costs—among other benefits—and the accounting department is one business area that benefits greatly from these capabilities.

If you’re using legacy systems like spreadsheets to manage your accounting, they will serve you quite well until real business growth kicks in. That’s why modern businesses focused on expansion and long-term growth are moving accounting operations to the cloud. Read on to learn why embracing cloud accounting is one of the smartest decisions you can make today for your business.

1.Improve Your Budgeting and Reporting
Manual accounting methods don’t allow for real-time visibility into your financial data. In order to produce a meaningful report, a human has to collect the relevant data and manually create the report—a time-consuming task that leaves room for potential errors. In such a scenario, by the time leadership receives the report, the financial data is already out of date.

Cloud accounting technology gives you real-time business intelligence and reporting capabilities to near-instantly issue a report with the most up-to-date financial data available. You can access your data at any time from any devices and location so you can accurately budget and forecast with the most relevant information.

2. Enjoy Superior Security
One of the biggest obstacles businesses have moving to the cloud is worry about the security of their data. And in accounting, we’re talking about some of the most sensitive data in your business. You are right to be concerned about data security—especially in today’s era where cyber threats abound—but cloud accounting technology providers have spent significant money and time shoring up their solutions with the most advanced security protocols and tools.

Additionally, moving accounting to the cloud means your IT team no longer has to worry about performing manual updates. Your solution will always be the latest version, so you’ll never have the security risks that come with running outdated technology.

3. Encourage Faster, Easier Collaboration
In a manual accounting setting, your team typically has to make copies of files in either paper forms or to send over email, and accounting documents may live in local drives, devices, or folders. This can contribute to siloed information in your accounting department—fragmenting your data and preventing your team from having that important visibility mentioned earlier. You’ll also have to manage multiple copies of the same file, impacting your team’s efficiency.

The cloud provides a centralized hub for collaboration—eliminating the need for employees to keep track of their own files in their own organizational methods. By being able to collaborate within the software, employees can speed up workflows, get approvals faster, and complete projects in a more efficient way. You’ll also have a clear audit trail as the cloud provides version tracking and traceability.

Curious About the Cloud?
These are just three of many reasons modern businesses are moving accounting operations cloud-ward. Doing so helps them improve planning for the future, achieve better profitability, and ensure they can scale to accommodate any changes to their business.

Accountnet has been helping businesses of all sizes in the New York region make the move since 1996. Our experts are skilled in implementation, support, and training so you can get the most out of your cloud investment. We’re happy to answer any questions you have—reach out anytime.
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How to get more data with Microsoft Dynamics and the Cloud?


More and more, we hear about organizations planning to automate or migrate old reports to the new Financial Report Writer. “Better enablement with visibility” is the number one need identified by businesspeople when it comes to how they get and use information. Visibility means getting the right information into the hands of the right people at the right time. The right information is relevant and accurate. The right people are those who know what to do next. The right time is whenever they need it. That’s the process of accounting software enablement.

Workflow automation helps you streamline key tasks and boost operational efficiencies while freeing your people to pursue their core competencies. Intuitive customization and seamless integration with your existing IT infrastructure help reduce total cost of ownership (TCO) and can extend the value of your IT investments. Microsoft Dynamics works the way you do.

What is the Intelligent Cloud?

While Business Central is a cloud-first service, we Microsoft now continues to ensure that customers that need to run their workloads on premises or on the intelligent edge connected to the cloud, can do so. With Dynamics 365 Business Central, once the customer signs up for the service in the cloud, they have the option to deploy it locally to their own choice of hardware. While they are running on their own hardware, the customer will have a tenant in the cloud, and the data from the customers hardware will be replicated to the cloud for Intelligent Cloud scenarios.

We welcome these customers running their workloads on Dynamics GP, and Dynamics SL into Dynamics 365 Business Central. This is done through the same Intelligent Cloud/Intelligent Edge scenarios as for Business Central on premise. Each GP, or SL tenant will have a business Central cloud tenant they can synchronize their data to. When they use this, we invoke our Intelligent Cloud scenarios of Machines Learning, Power BI, Flow and others to drive suggested actions.  This helps the customer understand further the value of Business Central and over time, while Microsoft continues to support their GP, and SL deployments, these customers can choose when they want to transition to Dynamics 365 Business Central, as a perfect match for their businesses.  Dynamics GP and Dynamics SL will continue to receive product improvements and updates, but the most benefit to these customers comes from upgrading to Dynamics 365 Business Central.

Get started quickly with a familiar, role-based solution.

Give people a solution they’ll want to use, and help your business thrive. Designed to work like and with Microsoft® Office products, such as Microsoft Outlook®, Microsoft Excel®, or Microsoft Word, Microsoft Dynamics SL helps reduce training time and costs. People can get started right away using role-based menus, activity panes, and quick lists that make it easy to prioritize tasks. Enhanced search features let you find what you need by simply typing a few words and provide a history of recently viewed reports and screens.

Tailor the solution to meet your needs.

The fact is that no two businesses are alike. Microsoft Dynamics GP offers out-of-the-box functionality to meet your unique business and industry-specific needs—complete with built-in customization tools that make it flexible and easy to adapt without extensive development work. You can also integrate multiple data sources and applications using web services and the Microsoft .NET Framework.

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 365, GP and SL in the cloud or on your servers—the choice is yours. Contact us at Accountnet to learn more. Call 212-DYNAMICS or 212-244-9009.

How Financial Reporting with Microsoft Dynamics enables a successful Audit?


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, whether in the cloud or on your servers, you are able to better manage your financials:

  • Support your business goals and growth ambitions real time currency and consolidation tracking, with Solver software.
  • 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 access to dashboards and information and have them work together wherever you are located.
  • SmartLists provide a readily available and easy way to create ad-hoc reports and queries into the accounting system data without knowing more advanced reporting tools.
  • Check out this video to learn more about getting started with Dynamics

Microsoft Dynamics GP and Teams
The move to the cloud is just part and parcel of the revolution happening in business today, with more flexible ways of sharing information and the ability to visualize and interact with data in real time from virtually anywhere. Microsoft Dynamics in the cloud can have your team sharing, connecting and reporting regardless of where they need to work, with security-enhanced access via a web browser.

Only Microsoft offers a complete platform with the flexibility to deliver the solutions you need, from server to cloud, desktop to mobile devices. The Microsoft cloud, along with Power BI, gives businesses a connected platform that helps automate their core processes and lets them grow their operations efficiently by enabling better reporting with Solver. Since its introduction, Microsoft Dynamics GP has become one piece of a total business solution that helps organizations focus less on their infrastructure and more on their strategic needs. 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 provide accounting personnel the information they need to do their jobs well — wherever they are, in whatever application they choose to use. Take the next step toward growth with Microsoft Dynamics 365 Business Central in the cloud or on your servers — the choice is yours. Contact us at Accountnet to learn more, 212-244-9009 or visit www.accountnet.com!


How can Financial Reporting and Budgeting with Solver enable greater Controls?

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 better Financial Reporting, Budgeting and Forecasting that can connect to any data source with any data source

  • Support your business goals and growth ambitions real time 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 —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, which can access dashboards and information and work together wherever you are located.

Budget, Forecast, and Model with Diverse Data Types

A combination of automated budgeting and forecasting capabilities gives business leaders a comprehensive planning tool for future investments, cost control, reporting and analysis.

A modern budgeting solution not only provides process automation, time savings and more accuracy, but it also helps manage your financial expectations for future periods. The latest forecasting technology allows you to estimate your financial outcomes based on past data on a weekly, monthly or annual basis. These aspects of financial planning provide critical insights and competitive advantages for your company.

With the budgeting module in the Solver CPM Software Suite, you can manage budgets all in one place, create detailed reports and automate financial forecasts while presenting them in visual graphs and dashboards that you can share with the team. These features integrate with the rest of Solver’s solution to reimagine the way you manage your company’s finances.

Solver offers a complete platform with the flexibility to deliver the solutions you need, from server to cloud, desktop to mobile devices. Along with Power BI, it can enable a connected platform that helps automate core processes to grow operations efficiently by enabling better reporting. It does not matter what accounting software you use, since Solver has become one piece of a total business solution that helps organizations focus less on their infrastructure and more on their strategic needs.

As a Certified Partner, Accountnet helps companies get up and running with Solver. We don’t just install and configure the software — we also train your staff to use it to create the reports they need so they can analyze data as needed. Take the next step toward growth in the cloud visit Accountnet to learn more! www.accountnet.com  

How does Microsoft Dynamics Reporting Enable Accountability Today?


Dynamics GP is a complete solution for small to medium sized businesses. Dynamics GP helps you gain control over your primary business drivers. From financials to reporting and E Banking -Dynamics brings people and systems together to support your business ambitions.

Dynamics GP or Dynamics SL can provide you the power to choose how you want to utilize cloud technologies. You can deploy in the Microsoft cloud on Microsoft Azure in either a public or private setting. If you aren’t ready to fully go to the cloud you can do a hybrid. This flexibility gives you choices now and into the future. Azure gives you the flexibility and enterprise-class security, reliability and scalability.

Whether you are considering purchasing any Dynamics Products with new functionality, this guide provides an overview of the product modules available grouped by the function.

Power BI reports can be added to home pages  – a  new web part has been added to Home Pages that allow users to easily add Power BI Reports to your workspace. To display a report, check the Power BI box, and then click the blue arrow to go into the Power BI Details window. This window will show you the available reports that you can add to your Home Page. Once you’ve added reports -you will have a Power BI section added to the home page. You can scroll through the available reports or you can expand the size of the window to be larger or smaller as needed.

Dynamics Products work with Office and Dynamics 365 to extend the value of your business solution with enhanced productivity, collaboration, mobility and business intelligence. Dynamics utilizes functionality to you give you more value such as sending document to SharePoint or OneDrive, word documents, refreshable excel reports, Smart Lists or Quick Query reports. You can also Configure Microsoft Dynamics SL Multi-Company to operate with several companies in a single database, multiple databases, or both. Bring your businesses together — whether centralized or decentralized and geographically disbursed — while automating time consuming and error prone tasks.

Dynamics 365 Business Central.

Dynamics 365 Business Central, support services are available today and can begin with a Cloud Review that provides you with a determination of consulting services to help with your Dynamics Business Central  implementation. We can begin with an Financial reporting process and requirements document – which is an Extended Relationship Analysis (ERA) onsite visit or conference call. The implementation cycle is a must for New Services to begin.

More Payables and Better Procure to pay process (purchasing, receiving, invoice receipt, payment). Cloud provisioning begins with a documentation and recommendations outlining the Dynamics  components needed, as well as any extensions that are available. Dynamics 365 Business Central is widely used for Multiple Language and or Currency tracking.

Accountnet works with clients to assist with the planning, integration, training and ongoing support for their Microsoft Dynamics. With new reporting options and the latest Microsoft technology, your firm can stay current in today’s competitive environment. Investing in Cloud  technology can result in significant benefits, including audit compliance and the fulfillment of your IT and cloud strategy. Move forward today with the Accountnet Cloud team @ 212-Dynamics or visit www.microsoftfinancialsoftware.com