How can Microsoft Dynamics enable better Financial Reporting in 2019?


We hear about more and more 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 business people 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 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.

Dynamics GP supports your core business needs with comprehensive built-in capabilities that are easy to report on, even with unlimited companies. You can be confident that BI 360 or Management Reporter is used for the creation, distribution and analysis of financial statements. Microsoft Dynamics pricing is not charged by the company, pricing is calculated by your user count.

Microsoft Dynamics makes it easy by collecting the data from every source, external and on-premises, and giving you tools to quickly analyze and explore your insights. Microsoft offers you solutions to manage complexity and drive business agility by connecting departments easily. By choosing a Microsoft Dynamics, you have options to deploy your resources using Office 365 via cloud technology — or can enable Dynamics 365 in Azure or enable a private Cloud — to give you the scalability to accelerate business transformation and spending transparency needed to run an automated, modern, responsive business.

Read more…


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.

This process is straightforward but can become very cumbersome, especially if the company has a very large number of invoices. This problem is compounded when invoices that require processing are on paper. This can lead to lost invoices, human error during data entry, and invoice duplication. These and other problems lead to a high cost-per-invoice metric. The goal of automating the accounts payable department is to streamline this invoicing process, eliminate potential human error, and lower the cost per invoice. Some of the most common AP automation solutions include e-invoicing, scanning and workflow, online tracking, reporting capabilities, electronic invoice user interfaces, supplier networks, payment services, and cost analytics for all invoices.

Read more…


Cloud computing and financial reporting are no longer just buzzwords — they are driving business transformation for small and midsize businesses. By bringing together business applications and familiar productivity tools, Microsoft Dynamics in 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 in which areas of your business you should invest in technology. This can be achieved with business analytics, like Power BI and Jet Reports or Biznet.

  • Microsoft Cloud – Dynamics GP gives 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.
  • Business Analyzer – Gain powerful, role-specific insight with charts and graphs both inside of Dynamics GP client and outside through a companion application, plus perform tasks and collaborate with others. View SQL Reporting Services, Microsoft Excel and Management Reporter reports from one central location, giving the ability to access data from virtually anywhere. Business Analyzer is optimized for tablets powered by Windows, iOS and Android platforms.
  • Power BI Dashboards and Reports – Several premade dashboards and reports are available that connect directly the Dynamics GP and accessible through PowerBI Desktop or on the Dynamics GP Homepage.
  • Excel Reports With over 400 built in Microsoft Excel reports that connect directly to the data source plus an Excel report builder, Dynamics GP offers a solid foundation to create reporting. Refreshable excel reports provide easy and quick access to latest data from a network location, local desktop, or even SharePoint.
  • Dynamics GP workspace – An app in the Office 365 store is available to easily create and securely share executive dashboards showing financial, sales, purchasing and inventory information. Dashboards also enable users to drill back to Dynamics GP to analyze specific transactions.
  • Microsoft SQL Reporting Services Reports – Leveraging the power of SQL Reporting Services, Dynamics GP offers over 300 charts, graphs and reports through Reporting Services. The reports can be modified to meet unique needs. New reports can be created easily without a developer.

Read more…


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 in which areas of your business you should invest in technology. This can be achieved with business analytics, like Power BI and Jet Reports or Biznet.

Cloud computing and financial reporting are no longer just buzzwords — they are driving business transformation for small and midsize businesses. By bringing together business applications and familiar productivity tools, Microsoft Dynamics in the cloud can now offer the insights you need to better understand your customers and drive your success.

Microsoft Dynamics 365 Business Central provides the same standard functionality as NAV (formerly Navision), Microsoft’s flagship solution for the mid-market used by over 160,000 companies worldwide.  Both solutions boast rich standard functionality and integration with D365 Sales (aka Microsoft CRM) and Office 365 etc.

Read more…


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 in which areas of your business you should invest in technology. This can be achieved with business analytics, like Power BI and Jet Reports or Biznet.

Cloud computing and financial reporting are no longer just buzzwords — they are driving business transformation for small and midsize businesses. By bringing together business applications and familiar productivity tools, Microsoft Dynamics in the cloud can now offer the insights you need to better understand your customers and drive your success.

Customer Benefits

  • MS Dynamics 365 Business Central offers multiple ready-to-use APIs and institutes point-to-point connection between Microsoft Dynamics 365 Business Central and a 3rd party solution or service.
  • It allows exclusive industry-specific functionalities that corroborates the cloud technology. And with flexible scalability, it fits businesses of varied sizes, from small start-ups to global agglomerates.
  • It connects data across accounting, sales, purchasing, inventory, and customer interactions to provide an end-to-end view of your business in India. You can chart financial performance in real time with its built-in Power BI dashboards.
  • The Embed App feature allows you to extend and customize Business Central application and build a better customer relationship with focused services and functionality.
  • With MS Dynamics 365, you can meet 100% compliance with your local regulatory capabilities by molding it according to the requirements of the local market in United States.

Read more…


Cloud computing and financial reporting are no longer just buzzwords — they are driving business transformation for small and midsize businesses. By bringing together business applications and familiar productivity tools, Microsoft Dynamics in 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 in which areas of your business you should invest in technology. This can be achieved with business analytics, like Power BI and Management Reporter.

Gain powerful, role-specific insight with charts and graphs both inside of Dynamics GP client and outside through a companion application, plus perform tasks and collaborate with others. View SQL Reporting Services, Microsoft Excel and Management Reporter reports from one central location, giving the ability to access data from virtually anywhere. Business Analyzer is optimized for tablets powered by Windows, iOS and Android platforms.

  • PowerBI Dashboards and Reports

Several pre-made dashboards and reports are available that connect directly the Dynamics GP and accessible through PowerBI Desktop or on the Dynamics GP Homepage.

Read more…