ERP Software Implementation Tips

Facilitate the Closing Process using ActivReporter Summary

Check Accounts for the Correct Type One of the most critical items in closing General Ledger is to make sure that all accounts are correctly "typed" as either Balance Sheet (type=0) or Income Statement (P&L) (type=1) accounts. Failure to correctly type accounts will create problems that are difficult to remedy. The closing process treats balance …

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How to Produce Accurate GP Financials BEFORE Closing the Prior Year

The Current Problem with Dynamics GP at Year-End Dynamics GP has an Achilles heel in that you must "close" General Ledger for the prior year in order to produce accurate financial statements for the new year. The closing procedure in Dynamics GP performs two processes that are essential for accurate financial statements: Balance Brought Forward …

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Impact of ERP Modernization for your business growth with Cloud

Enterprise Resource Planning – ERP software serves as the backbone for building a cognitive business. By which you can streamline your business processes, and intelligently utilize real-time data to promote operational efficiency, and enhances collaboration. ERP Modernization of the system is meant for running all critical business operations throughout your organization including, accounting, payroll, production, distribution, and …

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Why ERP Projects Go Over Budget & Schedule (And What to Do to Avoid This!)

  ERP projects have a long-standing reputation for being difficult. There are numerous statistics out there that say that 50% of ERP implementations can be listed as failures because they’ve gone over schedule or budget, or both. We’ll examine why this happens and how you can prevent it. ERP implementation projects  often go over budget …

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6 Signs your business needs Warehouse Management Solution (WMS)

Every warehouse manager feels pressure to operate their facility at top capacity with low overhead. It’s often difficult to keep up with the latest trends due to the rapid changes being made to the industry by advances in technology. Failing to stay on top of warehouse management best practices puts your business at risk of getting left …

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How LS Central for Retail can redefine your business process?

Enterprise Resource Planning (ERP) software, despite its name, is not just for enterprise-sized companies. Almost all businesses can benefit from an ERP solution. ERP software is designed to help the flow of internal business processes and allow for communication between the various business departments and their internal functions and data. Most companies use many software …

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Our Journey from Dynamics GP to Dynamics 365 Business Central Part 3: The Implementation

Our first two blog posts in this series talked about where we've been (Dynamics GP) and where we are going (Dynamics 365 Business Central). This post will discuss our process of going through the Business Central implementation. Decisions to make Finding a helpful and knowledgeable Microsoft partner is key in major projects like this. They …

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Upgrade your Business from QuickBooks to Dynamics 365 Business Central

Many SMBs come to a point where they need a business software system that is able to help them track items such as sales, expenses, invoices and also allows them to accept payments. Both QuickBooks and Dynamics 365 Business Central are software solutions that provide accounting functionality for businesses. They each can provide the core …

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Why Pharmaceutical Manufacturing Businesses need ERP Software?

Efficient business processes, centralized management, quick decision making, and clear analytics have become essential for any business to grow in the modern-day scenario. Each industry has its own reasons for implementing suitable ERP software. Whereas, ERP software for the pharmaceutical industry not only enables the consolidation and integration of pharmaceutical manufacturing processes across multiple units but …

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