Finance Department Tips & Tricks

6 Elements of a Good Financial Design Statement

Good financial statements empower your company to make better strategic decisions, but how do you know if your financial statements are good? If they're not, how do you make them better? Some basic principles separate the good from the bad, but your financial statement quality also depends on how well suited it is to your …

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Data Visualizations for Financial Statements

While the numbers in your reports are the stars of the show, many of your users, especially those not in the finance department or accounting, will benefit from seeing a visual representation such as a chart or a graph. Visuals help put numbers in context, letting your users see the bigger picture and spot trends …

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Best Practices for Formatting Financial Statements

Your formatting choices can make or break your financial statement's effectiveness. Good formatting helps a report communicate more clearly by drawing attention to essential information and showing relationships between items, while bad formatting can overwhelm and confuse users and make it harder for them to determine which pieces of information to focus on. Color choices …

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How AI and Automation is Shaping the Finance Industry

With the limitations of remote work, more businesses are turning to automation. Knowing what to automate and managing the disruption with the right tools can lead to an era of better productivity and performance

What an Invoice Approvals Process Looks Like in the Hybrid Age

Our survey with over 200 AP professionals found that they were spending one day per week on managing approvals. If your AP department uses a manual process for approving invoices and payments, you would know the common challenges that come with it.

3 key inputs to consider when selecting a new ERP (or staying)

With the announcement earlier this month of the new Dynamics GP 2021 Roadmap extended past 2028, there is now a new data point to consider when evaluating your options. Our team has pulled together the top 3 points to consider when selecting a new ERP.   GP Support North would like to encourage you to …

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The stream | How to handle consolidations and complex billing

This month we focused on common problems and solutions encountered during financial consolidation. From handling intercompany transactions to deciding whether usage-based billing is right for your company, there can be a lot to navigate. We published the complete guide to lease management and spotlighted DynaLIFE’s centralized lease management system. Check out the following resources to …

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8 ways to optimize your service company

Streamlining service operations is crucial for service organizations to thrive. Manual processes often lead to delayed information sharing, an inadequate customer experience, and slow processing of invoices, reports, and more. With the help of a service management software, service organizations can optimize their business operations. Service management software can provide organizations with updates in real-time, …

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Best Practices For Dispatchers

Help dispatchers eliminate paperwork, redundant reporting and manual administrative work Let’s admit it - for dispatchers some work tasks seem tedious and redundant over time. It’s these manual time-consuming tasks that take time away from what really breathes life into your business, such as providing high level customer service and thinking of new innovative ideas …

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Looking at Old and New Dynamics GP SmartList Features

As GP users, we all love and rely on SmartLists for quick queries, as well as for more detailed analytics. Did you know that the new Business Central ERP doesn’t have SmartLists, oh they must be so jealous, though we do hear that requests have been suggested for Microsoft to incorporate SmartList views and functions …

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