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How can Microsoft Dynamics GP transform your data like bigger businesses?


Analyzing electronic documentCloud computing and big data are no longer just buzz words, they are driving business transformation even for small and midsize businesses. By bringing together business applications and familiar productivity tools, 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 which areas in your business to invest growth.

Clear view of business performance. Implemented by Accountnet to meet your needs, Microsoft Dynamics GP brings together operational power and customer insights to give you a holistic view of the data that makes up your business decisions. With that 360-degree view, you can 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. To compete, companies must be nimble enough to rapidly address changing market conditions without the need for major capital expenditures or complex communications. Microsoft Dynamics GP in the cloud, manages complexity and drive business agility by connecting people, operations, and partners.

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 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. Visit www.accountnet.com  or call 212-Dynamics to learn more.

TWITTER: DynamicsNewYork

LinkedIn:  John C. Peace

Scammers Target ACH Transactions


Now even this supposedly safer transaction method is under greater siege.

ACH transactions are often considered safer and more difficult to compromise than paper checks and wire transfers, but that reputation might not last. In 2018, 33% of organizations were subject to ACH debit fraud and 20% to ACH credit fraud, both up several percentage points from 2017, according to an Association for Financial Professionals survey of 600-plus treasury and finance executives.  What’s more, ACH was the only payment method that experienced a year-over-year increase in the percentage of companies that experienced instances of fraud.

“This new development indicates that fraudsters are now trying to use ACH transactions as vehicles for their scams as they move away from checks and wires,” according to the AFP report.  ACH transactions, of course, are increasingly popular and are cheaper than wire transfers.

How are fraudsters stealing ACH funds?  In many instances, “it is usually not the payment method itself that is compromised but the processes leading up to payment initiation,” the AFP explained. Overall payments fraud using account takeovers-in which a scammer illegally gets access to a bank or online e-commerce account-is up, which could also partly explain the increase in ACH frauds, said the AFP.  Most accounting systems only require a routing number and an account number to initiate a payment.

Business email compromise (BEC) schemes that target individuals responsible for payments through social engineering and other methods were the way 33% of respondents said fraudsters accessed ACH credits (a direct payment pushing funds into an account) in 2018, up from 12% in 2017.

What measures are companies taking to combat such fraud? Reconciling accounts daily to identify and return unauthorized ACH debits (a direct payment that pulls funds from an account) was the most commonly used, by 65% of respondents.  About 63% blocked all ACH debits except on a single account set up with ACH debit filter/ACH positive pay, and 37% blocked ACH debit filter/ACH positive pay, and 37% blocked ACH debits on all accounts.

About Accountnet

Accountnet Inc. is a Metro New York based Microsoft Dynamics GP, Dynamics SL and Dynamics 365 Business Central VAR. Value Added Resellers for Microsoft, include software as a service (SaaS) and private or public hosting for Dynamics GP, SL.  The firm focuses on Microsoft Dynamics software for reporting, consolidations, workflow and procurement with special industries of interest. Accountnet holds the following memberships: The Hedge Fund Association, American Bar Association, IAMCP, Family Office Association and The Downtown Association.

For all inquiries to:  John C Peace, COO. As he can be reached at jpeace@accountnet.com, or visit microsoftfinancialsoftware.com. Join special events in NYC by calling 212-Dynamics.

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How Does Microsoft Dynamics GP and Office 365 Work Better Together?


Many companies reach a tipping point where the very tools and systems that supported their initial growth begin to hinder their ability to act with agility and insight. Microsoft Dynamics GP is a complete business management solution to help you manage your financials and reporting that takes advantage of the latest innovations, from cloud computing to mobility to social connectivity – delivered without being a burden or a risk to our cash flow. 

Running a business is stress-free when the everyday communication tools in Office 365 come together with your business management systems. For example, Microsoft Dynamics GP makes it easy to combine your data, find new insights, and share them with others. By combining it with Office 365, you reduce risks, increase rewards, and unlock insights to drive more informed decisions for every department. When you connect people, processes, and systems all from one place you can make smart decisions quickly and proactively.

Quick to implement, simple to use, and hosted in the cloud, Microsoft Dynamics GP and Office 365 give you a familiar look with integrated functionality that keeps your business going and growing.

  • Enhance collaboration by using team sites to share documents, connect, and collaborate in real time.
  • Enable a mobile workforce with security-enhanced access anytime, anywhere.
  • Reduce training time with a simple interface and consistent user experience.
  • Focus IT resources on business-building projects instead of managing your technology.
  • Choose how you deploy your software – in the cloud, on your servers, or in hybrid approach.

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 in the cloud or on your servers—the choice is yours.  Visit www.accountnet to learn more or call 212-Dynamics.

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Why is Microsoft Dynamics Financial Reporting so Important?


Why is Microsoft Dynamics Financial Reporting so Important? 

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.

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.

Microsoft transforms the way you work and connect

The innovative new web client and companion apps run on multiple mobile platforms and enable your people to connect and contribute wherever, whenever and however they want. They can work from the office, on the road, or at home, and on a PC, tablet, iPad, or mobile device of their choice without a huge burden on IT.  The new web service console also allows your IT team to extend web access without worrying about sacrificing security and control.

Drives and supports your business growth

Dynamics GP supports and propels your business goals and overall growth. It easily accommodates new processes and additional lines of business, and it scales to meet higher demands, without sacrificing performance or incurring major increases to your original technology investment, including Office 365 and other Microsoft products.

Reduces your risk

Millions of users around the world already trust Microsoft to deliver innovative consumer and business solutions. In addition, Accountnet can provide local business to business resources and expertise you would need. When you purchase Dynamics GP, you can be assured of support and functionality like Financial Reporting with Jet Global or Management Reporter can be enabled. Reports can be viewed and refreshed with a web viewer, Power BI, Currency Tracking and Consolidations.

Propels your business forward

With a business solution backed and maintained from Microsoft, Accountnet has enabled a broad range of solutions that address specific accounting software needs. It includes being able to view information that is secured by role, allowing people only the information that is important to them.  These flexible tools enable your team to be proactive and productive—keeping you ahead of the technology curve. As a result, your business can move forward instead of standing still.

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 in the cloud or on your servers—the choice is yours. Contact us at Accountnet to learn more.www.accountnet.com or call 212-DYNAMICS

TWITTER: DynamicsNewYork

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How does Microsoft Dynamics SL Optimize Day to Day Backoffice Operations?


Now more than ever, technology is the backbone of a successful business. Outdated or obsolete IT limits a business’s ability to address key challenges and opportunities in today’s digital world. For more than 25 years, Microsoft Dynamics SL has delivered the functionality, performance, and ease of use that powers diverse small and mid-size businesses around the world. From financials and accounting to business operations, Microsoft Dynamics SL brings people and systems together to support your business ambitions and help you run your business more efficiently using the latest technology.

Take advantage of the latest technology innovations with a web services architecture that leads to better performance and efficient application integrations—both for your current systems and those you adopt in the future. You can take advantage of other Microsoft products, such as SQL Server, Windows, Excel, Office 365, and more. Once-siloed business processes can automatically connect and exchange information.

By launching Dynamics SL in the Cloud, you can reduce IT complexity and move faster. An integrated, flexible cloud platform provides your business with the power and agility required to stay a step ahead of the competition and support ongoing growth. Your database, apps, and services can scale on demand to support changing business demands—without requiring new capital investments. Your staff can securely access data from anywhere. And, you can protect your business from unexpected disruptions, whether due to cybersecurity, lost devices or natural disasters. You can do more by:

  • Automating payables and receivables management.
  • Better manage cash flow and improve collections.
  • Streamline expense management.
  • Gain support for multiple currencies, locations, legal entities, and companies.
  • Work in multiple companies at the same time.
  • View dashboards and access key business metrics and key performance indicators.
  • Access more than 100 built-in customizable reports.
  • Use real-time notifications and alerts.
  • Gain advanced analytics and predictive modeling capabilities.

The fact is that no two businesses are alike. Microsoft Dynamics SL 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. Create consistent, unified business management by moving beyond traditional enterprise resource planning systems to connect the applications that run your finances, reporting, and imports using Microsoft Dynamics SL.

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.  Contact us at Accountnet to learn more www.accountnet.com or Call 212- DYNAMICS.

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How can better Financial Reporting with Microsoft Dynamics enable 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 GP, 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 Management Reporter or Jet Global 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 Microsoft Analyzer, which can access 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 like SQL Reporting Services, Crystal Reports, or other popular tools.

 

Microsoft Dynamics GP and Office 365
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 Management Reporter. 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 GP 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!

 

Written by Accountnet, Inc.

 

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