Let’s take a look at a example: A financial institution had experienced rapid growth, expanding to support more than 30 banking centers across multiple states. Purchasing supplies and reimbursing expenses through paper invoices and expense sheets for a geographically dispersed company was becoming a logistical nightmare.
Challenges from the accounting system
With an accounting system that doesn’t support electronic accounts payable (AP) management, the time spent pushing papers grew with each new location. The bank was spending far too much time:
• Manually entering invoice data in the system
• Tracking down and matching up invoices
• Searching for previous orders and payment history
How Microsoft Dynamics GP solves the challenge
Through an automated AP system integrated with Microsoft Dynamics GP, the bank has eliminated paper from their corporate office. The AP team isn’t spending long hours entering data from invoices and searching for lost documents. In addition,
Accurate coding saves even more time, reducing adjusting entries needed to apply expenditures to the correct cost center within the bank.
Start with what you need today and easily extend services as your needs evolve—in the Microsoft cloud, on your servers, or hosted by a Microsoft Dynamics partner, such as Accountnet. Regardless of your requirements, choice of deployment or desired payment terms (up-front purchase or a monthly subscription) Accountnet will have you up and running quickly, with less disruption to your business.
Microsoft Dynamics is sold, implemented, and supported by Accountnet. 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 talk with our team, or check out our demo room to learn more about what Microsoft Dynamics GP has to offer.