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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. (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.


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. For more work flow related to AP across multiple departments, the Reqlogic Vendor Invoice module maybe more suitable.


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 provide managers and accountants 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 212-Dynamics to learn more.




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.


Why Does Microsoft Dynamics GP Enable Better Audit Trails and Capture More Data than QuickBooks?

For 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.change to Microsoft Dynamics GP

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 need the right software and its capabilities today. (more…)

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 Multi-Company

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. (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. (more…)