1. Compliancy: It’s not a great feeling having the IRS look over your shoulder, threatening the life of your business. No body wants to cut corners or fudge numbers when it comes to your finances, but sometimes you just don’t have access to the information you need. Microsoft Dynamics ERP software ensures you have tracking capabilities and audit trails so you’re never put in a bad situation. You can trust the numbers and have confidence that the IRS won’t find discrepancies.
2. Accurate Financial Positioning: Not knowing where you stand financially can put numerous halts on business. This makes it difficult to make informed business decisions that affect the sustainability of your company. Microsoft Dynamics ERP software helps you see where you stand with easy-to-read and easy-to-analyze dashboards and Key Performance Indicator (KPI) reports. You’ll no longer be making “Best Guesses” about your business, thus putting you ahead of the competition.
3. Reducing Accounting Overhead: Most companies don’t realize the overhead they acquire within their accounting department because of manual procedures. They figure that’s how it’s always been done and it seems to be working. Many companies are realizing that Microsoft Dynamics ERP cuts down unnecessary overhead because it automates daily accounting tasks and integrates with third party software. It would be wise to run a “what if” scenario of how ERP software can actually save you money, just by cutting back resources.

Every business needs a tool to help manage their finances. This can vary from Excel Spreadsheets to an advanced ERP system such as Microsoft Dynamics ERP, but whatever your situation, make sure you have your financial management in check. If you have questions on how Microsoft Dynamics ERP can help you, contact us at Sikich.

By Sikich, Microsoft Dynamics ERP Partner based out of Missouri

Three Reasons Why ERP Software is a Must for Financial Management is a post from: ERP Software Blog

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InterDyn Artis has the Microsoft Dynamics GP expertise needed to help their lumber clients meet these challenges. One of our Microsoft Dynamics GP clients, Edwards Wood Products (Edwards), founded in 1969 and headquartered in Marshville, North Carolina has grown into a premier lumber business operation with 5 locations throughout South Central North Carolina. Their business operations consist of procurement of forest properties, transportation to/from the mill, complete mill operations, pallet manufacturing, kiln drying/grading, and distribution of high grade hardwood lumber for domestic and overseas markets.

As a smaller business Edwards found RealWorld to be a satisfactory system but as their business grew the RealWorld system just did not cut it. Because of this growth and complexity, Edwards began an evaluation of its business solution and decided it wanted a more powerful, higher-end solution. After a review of multiple industry specific solutions, Edwards decided that a foundation built around industry leading Microsoft Dynamics was the right choice.

Before Microsoft Dynamics GP, month-end closings were difficult to complete and very time consuming. One of the main reasons Edwards looked to a new solution was for financial reporting needs. With RealWorld, financial reports weren’t being completed thoroughly or in a timely manner, causing considerable concern for Edwards’ executive management who needed to make critical decisions based on the company’s finances.

Financial statements for all business operations as completed by location, division, and work center were prerequisites of a new software package. Microsoft Dynamics GP met and exceeded expectations from a reporting standpoint.

With Microsoft Dynamics GP, Edwards has established a core business system foundation that has dramatically increased the efficiency of the operations by automating data flow and reducing manual labor. Other benefits include:

• Financial Reports: Management Reporter has significantly lessened the time spent waiting for financial reports. Critical business information is retreived in minutes—these reports were unobtainable with RealWorld and had to be completed as a separate process within Excel. Edwards saved aproximately 2 days each month by automating the preparation of its financial statements.
• Intuitiveness: As a user-friendly system, employees quickly adapted to Microsoft Dynamics GP after the implementation with virtually no downtime. In fact, employees were able to generate much better reports in considerably less time.
• Daily Processing: Microsoft Dynamics GP has provided a vast improvement in the day-to-day processing of accounts receivable, accounts payable, and collections. What previously had been a multi-step process is now a very simple process, saving both time and effort. Edwards saved an estimated 40 hours per month by automating accounts receivable.
• Labor Rededication: Employees who were dedicated to running RealWorld and generating reports in Excel are now focused on profit generating opportunities within Edwards.

Watch a short video of Edwards Wood Products and learn how Microsoft Dynamics GP gave them the edge to remain competitive in today’s lumber market.

Today’s software must be designed and deployed with industry-specific needs and functionality. InterDyn Artis, a Microsoft Dynamics partner located in Charlotte North Carolina, provides the lumber industry with tailored Microsoft business solutions that extend far beyond the robust accounting functionality found in Microsoft Dynamics GP. By integrating logging, lumber inventory, time clocks, equipment maintenance, and other systems, InterDyn Artis has knitted a best of breed technology. Contact InterDyn Artis today and let us help you become competitive in today’s lumber market with Microsoft Dynamics GP.

by InterDyn Artis, North Carolina Microsoft Dynamics Partner

Microsoft Dynamics GP Meets the Challenges of the Lumber Industry is a post from: ERP Software Blog

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I work in their offices, their server rooms, their shop floors, their clean rooms.

Altico Advisors has implemented Microsoft Dynamics GP for more than 40 manufacturers throughout New England and upstate New York.  They manufacture sausages, aircraft parts, heavy machinery, circuit boards, computer chips, adhesives, abrasives, trade show displays, industrial lubricants, centrifuges…you get the picture.  Everything from soup to nuts!  Literally!!

If you haven’t looked at Microsoft Dynamics GP lately you’ve missed the transformation of the product from a widely used and respected accounting system to an end-to-end business management solution with broad, very broad, manufacturing capabilities.  Dynamics GP is a solution that can be configured to mirror your plant, incorporate your best practices, assign serial or lot numbers to finished items, create purchase orders and manufacturing orders from an MRP analysis, handle Manufacturing Order partial receipts, your BOM and routers and WIP… and so much more.  I know, I’m skipping all over the place in an effort to show you the scope of functionality available in Microsoft Dynamics GP for manufacturing.

So enough said.  Here are a couple of documents that provide a concise and orderly overview:

Manufacturing with Microsoft Dynamics GP
Microsoft Dynamics GP 2010 Module Guide – See pages 5-6 and the module guide at the very beginning

You can also visit the manufacturing page on our Web site and read a manufacturer’s case study about a company that implemented Microsoft Dynamics GP for the end-to-end integration of their accounting, inventory and manufacturing systems.

If you’re a manufacturer in New England looking for a better way, call Altico Advisors at 508-485-5588.

 By Karen Jernstrom, Manufacturing Specialist, Altico Advisors  Microsoft Dynamics GP Partner for Manufacturing and Distribution serving New Hampshire (NH)

Microsoft Dynamics GP for Manufacturing – The Features You Need is a post from: ERP Software Blog

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Watkins relies on the Microsoft Dynamics ERP system to provide a solid foundation for efficient operations. “Automation is one of the biggest things Microsoft Dynamics GP provides for us,” says Watkins. “If we were on a paper-based system, we literally couldn’t keep up with the people we have.”

Watkins and his staff of 13 enjoy the time-saving benefits of Microsoft Dynamics GP’s role-based interface. “We have everybody set up on the roles-based system and we all use our customized home pages to help save time and streamline processes.”

Another critical process for Community Mental Health is managing their cash flow. “We use the Cash Flow Management module to understand where we are from a cash-flow standpoint on a daily, weekly, and monthly basis,” says Watkins. “I appreciate the solid framework Microsoft Dynamics GP provides for internal controls. Obviously, you can choose not to take advantage of those, but we certainly do.”

Ensuring the financial health of his organization is a top priority for Watkins. “I’m most proud of the good we do for the community,” says Watkins, “especially the underprivileged people we reach out to who wouldn’t otherwise be able to afford our services.”

Being driven to provide excellent service is a quality Watkins appreciates in business partners. “Arctic Information Technology is truly a partner to us,” says Watkins. “I’ve worked with many IT consultancies around the country throughout my career. I find Arctic IT to be one of the most responsive I’ve ever worked with.”

Anchorage Community Mental Health Services (http://www.acmhs.com/) has helped people in Anchorage, Alaska, and surrounding communities discover new beginnings in their lives for over 30 years. A client of Arctic Information Technology, they have used Microsoft Dynamics GP for several years.

 By: Arctic Information Technology, Inc., Alaska Microsoft Dynamics Partner

Anchorage, Alaska  - Your Microsoft Dynamics GP Partner

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Microsoft Dynamics GP allows a user to define an unlimited number of landed cost elements based on the extended value of the item, such as Harbor Maintenance Fee (HMF) and Duty percentages, then mix and match these elements to reflect the group of landed costs which should be associated with each item.  It also allows the user to identify flat fee and fee per unit based elements.

During the purchasing and receiving activities those default landed costs flow through automatically, reducing the need for manual input.  Within the Receiving Transactions Entry window, the user can edit the line item landed costs if needed as well as enter the receipt level landed costs (e.g. freight) which are more appropriately handled as a total against the entire receipt.  These receipt level landed costs are easily pro-rated across the line items using Weight, Value or Quantity.  By using the combination of line item specific landed costs and transaction level landed costs, the user is able to accurately represent the true cost of an item as it moves into inventory.

These landed costs are associated with the receipt transaction and are subject to the Enter/Match Invoices activity.  This ensures both good accounting practices and accurate inventory costing via the Revalue Inventory mechanism which can be enabled on the items and landed cost elements.

Whether you are a distributor or manufacturer for medical devices or any other industry,  I hope you find this information helpful. If you are searching for one ERP suite that addresses all areas of business, contact Interdyn-Remington.

by Sunny Mattoon, SCM Practice Manager, InterDyn – Remington Consulting – Microsoft Dynamics ERP Partner serving Nevada

How Microsoft Dynamics GP Can Simplify Landed Cost for International Imports is a post from: ERP Software Blog

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Manufacturers require an integrated financial management solution that provides insight into all areas of operation.  Microsoft Dynamics GP is the ERP solution of choice because it can support the complex accounting and organizational requirements of manufacturing companies.  GP enables a manufacturing company to manage the following critical elements of their business:

• Sales Forecasting
• Material Requirements Planning
• Manufacturing Order Processing
• Bill of Materials
• Quality Assurance
• Job Costing
• Materials Management
• And More…

Learn more about how Microsoft Dynamics GP and FMT Consultants can streamline your manufacturing business processes, contact FMT Consultants today!

by FMT Consultants,

Microsoft Dynamics GP for Manufacturers is a post from: ERP Software Blog

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•             Inability to match actual physical inventory receipts with invoicing, which sometimes resulted in vendors accidentally overbilling Amalfi.

•             A daily-snapshot inventory-reporting system that lacked support for process inventory costing.

•             Difficulty deriving booking, billings, and backlog information.

•             Period closings that were extremely time-consuming and cumbersome.

•             Inability to manage finances or consolidations for international operations.

•             No systematic way to prescribe purchase order controls, thresholds, or approvals.

•             Lack of self-service management reporting.

 After considering SAP OnDemand and Oracle 11i and reviewing vendors that attended the Global Semiconductor Alliance 2010 event, Amalfi selected Microsoft Dynamics GP and Tensoft Fabless Semiconductor Manufacturing, an end-to-end solution that specifically addresses the unique needs of this industry.   Amalfi turned to Tensoft as a turnkey provider with the industry knowledge to help them plan for the future, and the implementation expertise to make them meet aggressive go-live goals.  

The company has already saved US$75,000 in duplicate vendor invoicing and realized significant efficiencies.  With the business management software in place, Amalfi has a solution that takes advantage of purchasing controls to support regulatory compliance. In addition, executives, operations employees, and finance managers now have the insight and control they need to help the company reach its growth goals. Joe Whitty, Controller at Amalfi Semiconductor, says, “With Microsoft Dynamics GP, powerful reporting and analytics tools, and productivity applications from a single software company, we can grow our sales and operations based on real insights into the actual needs of customers. If we had it to do all over again, we’d make the same choice.”

Read the full story: http://bit.ly/yiWV3g

by Tensoft, Inc.

Tensoft Customer Amalfi Semiconductor Goes Live on Microsoft Dynamics in Six Weeks is a post from: ERP Software Blog

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 Microsoft offers four ERP solutions:  AX, GP, NAV and SL.  Microsoft Dynamics GP is an option for the small to midsize company whose functionality requirements  may include: Financial Management, Business Intelligence, Supply Chain Management, Human Resources & Payroll Management, Manufacturing, Project Managemen,t and Service Management.     Microsoft Dynamics GP offers this out of the box functionality and allows the user to be up and running quickly so you can improve your financials and streamline operations.   

 If you would like to see how Microsoft Dynamics GP can work for your company,  DFC Consultants provides a free Business Analysis Meeting to understand your business’s need and requirements in order determine if the solution is a fit and if so, we can prepare a demo specifically for you.   And for a limited time, receive up to an 85% discount on 5-users of qualifying Microsoft Dynamics ERP Products!  Contact DFC Consultants at 800-277-5561 or email sales@dfcconsultants.com  to learn more about the Give Me 5 offer. 

 Since 1989, DFC has been providing accounting software solutions such as Microsoft Dynamics GP, training, and support in our offices in Fargo, Bismarck and Dickinson, North Dakota. Our passion is to assist clients in meeting their goals with professional services and powerful business solutions. 

 By Vanessa Veflin, North Dakota ERP Solution Provider

What is ERP? is a post from: ERP Software Blog

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However, if you’ve done a little research on Microsoft Dynamics GP and like what it has to offer, but your business requires even greater flexibility, fear not. Microsoft offers a wide variety of à la carte modules users may purchase to supplement their edition of Dynamics GP.

This is where the second infographic of which you see the thumbnail below comes in. It makes it easy to see which à la carte modules are available for use with Business Essentials, Advanced Management or both editions of Microsoft Dynamics GP. Clicking this thumbnail will take you to a new page where you can view or download the full-size PDF version of this infographic.

Deciding Which Version of Microsoft Dynamics GP Is Right for Your Business (Part Two) is a post from: ERP Software Blog

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• Keynotes – These provide a terrific opportunity to see what’s new and where Microsoft products and technology is heading. As a special bonus, Microsoft announced that General Colin Powell (Ret.) will headline the March 21 keynote!
• Best Practices – The are hundreds of break-out sessions to choose from covering a wide variety of ERP topics, so attendees can learn best practices and share how to get the most out of their Microsoft Dynamics investments.
• Finding Solutions:  Whether you’re an existing ERP user or looking for a new solution, Convergence is the largest gathering of top ISV’s in the world.  Microsoft Dynamics GP has a vast and robust channel of ISV’s that extend the product.
• Making Connections – Meet and talk to your peers and share experiences. You’ll have a ton of opportunity to talk with existing Dynamics ERP users as well as Microsoft partners who are open to sharing their own challenges and lessons-learned in the real world.
• Learning about the Future of Microsoft Dynamics GP:  Microsoft Dynamics GP 12 is coming and it could have a big impact on your business.  Find out when it’s coming and what’s in store for the next release. 
• Attending GPUG DayONE – Hosted by the Dynamics GP User Group (GPUG) on Sunday, March 18, is an exciting opportunity to get engaged in networking and learning with other Microsoft Dynamics GP users and Dynamics GP leaders before diving into the Convergence 2012 activities. There will be specific breakout sessions, roundtable discussions, and great tips and tricks for all attendees.
• CPE Credits – By attending sessions, you can earn Continuing Professional Education credits – something especially handy for accountants, financial planners, and other professionals.
• Attending Rock-N-Rave – This is the must-attend event for Convergence attendees and not to be missed.  This year the party will be held at Lucky Strike and Pete’s Dueling Piano bar located in the Houston Pavilion on Monday, March 19 at 9:00 p.m.

Convergence is a great event and an experience you will never forget. For more details, visit the Convergence website or contact us at Borek Business Solutions as we’d be happy to help answer any questions.

By Roger Borek, Borek Business Solutions, an Oregon-based Microsoft Dynamics GP Partner.

Top Reasons to Attend Convergence 2012 is a post from: ERP Software Blog

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