A fast growing multi-company, multi-location organization using an entry level accounting system was struggling to close the books within two weeks of month end. Without timely information, managers did not know where they stood on budgets or key performance indicators.

Challenges from the accounting system

Using the existing accounting system since they opened the first office, everyone in the accounting team was familiar with the application and reluctant to move to a more functional system. Managers, frustrated with the lack of insight, were using spreadsheets to track their own results. With multiple locations, processes were breaking down, causing:

• Increased processing times due to higher transaction volumes

• Long lead time to route, approve, and retrieve documents such as vendor invoices

• Financial statements that were outdated the day they were released

How Microsoft Dynamics GP solves the challenge

By implementing Microsoft Dynamics GP with automated workflows and centralized document management, your organization will be able to close the month out in hours instead of weeks. Managers now have enterprise-wide insight to make decisions based on real-time information.

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, a Microsoft Gold Certified partner. 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 Accountnet to take a guided tour of our solutions and chat with our Microsoft Dynamics COO who can schedule a personalized demo and provide more information about buying and deploying.

Written by Accountnet, Inc.

TWITTER: DynamicsNewYork

August 19, 2016 by Accountnet, Inc.

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Tags: automated workflow, CLOUD SOFTWARE NEW YORK, Dynamics GP, DYNAMICS NEW YORK SOLUTIONS, Microsoft Dynamics, Microsoft Dynamics GP
Posted in About Microsoft Dynamics GP, Dynamics ERP for Financial Services, Dynamics ERP Reporting/BI, Financial Reporting, Microsoft Dynamics ERP Functionality, Microsoft Dynamics GP 2015, Microsoft Dynamics GP 2016 | Comments Off on How Can Microsoft Dynamics GP Prevent a Slow Month-end Close?

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