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Part Three: Love Great Plains But Want to Move to the Cloud?

Posted by David Greer

Mar 28, 2017

This is part three of a three part series where we consider the perspective of an existing customer on traditional Great Plains, and the benefits of using Great Plains with SMB Suite as an alternative to having to learn another cloud ERP system.

The challenge every business faces today is finding a user friendly way of getting a clearer picture of what’s happening in their business. Many businesses rely on Excel for analysis, but it’s hard to get valuable business intelligence because Excel is not designed to do this by itself. The ideal solution would be an easy-to-use solution like Excel that makes it easy to access the right data.

SMB Suite makes achieving this goal much easier because the business intelligence function is built in. The reporting and planning tool is based on Excel with seamless integration into Microsoft Dynamics. The drag and drop reporting design makes it easy to find the data needed with full visibility of the Dynamics data tables built in. The analytics tools help to better understand the financial data by transforming it into easy-to-understand graphs and charts. The results? Employees are more productive, less reliant on IT, and they’re able to build customized reports of the data needed, thus empowering them to make better decisions.

Today employees are connected to the office by mobile devices. However, if the answers they are looking for can only be accessed from the office, it causes the “when I get back to the office I’ll get you that” syndrome.  This can put your business at a competitive disadvantage and at best reduces productivity for everyone. Running Microsoft Dynamics in the cloud helps to solve this problem because information access is no longer confirmed within the walls of the business. The cloud makes it possible for employees to securely access company information using a web browser from anywhere. Of course, just like the on-premise version of Microsoft Dynamics GP, users can only access the data they have permission to see.  The cloud also eliminates the fear of data falling into the wrong hands, because the data is not stored on their device. Moving to the cloud makes the system more accessible, helping to improve customer service and employee productivity. 

As discussed earlier, moving Great Plains to the cloud with SMB Suite also has the added benefit of automatically upgrading your business to the latest version of Dynamics GP. Running on the latest version of the software gives you access to the latest features and capabilities, plus it eliminates the need for application of security service packs and patches.

Compared to traditional on-premise applications, cloud application are easier to upgrade. Unfortunately, many cloud providers can make upgrades problematic. This is because many providers force a mass upgrade on a rigid schedule, which may not be ideal for everyone. For example, your business could be forced to upgrade during the busiest time of the year.

SMB Suite upgrades are less disruptive to business. New version upgrades are scheduled by working closely with the customer to determine the best time for the upgrade. In addition, SMB Suite provides the upgrade in a new instance with a backup copy of the company’s data. Customers can then test drive the new environment before going live. This allows for any customizations to be tested and gives extra time to learn new features. Once the tests are complete and the customer has signed off, everything is moved to new environment. Businesses are much happier with this design because they are able to control the upgrade schedule themselves.

The final benefit of moving Great Plains to the SMB Suite cloud is perhaps the most overlooked: support. Many cloud providers make business application support optional and it is often outsourced. SMB Suite’s Business Success Desk believes critical application support is the key to success. Support for mission critical solutions such as Dynamics ERP are included in the basic subscription price. The support is provided by local Business Success Concierges, with unlimited cases, who are available 24 X 7.

This concludes the three part series examining the benefits of moving from an on-premise Great Plains solution to cloud based Microsoft Dynamics GP. The benefits of the cloud are many -- including accessibility from anywhere, plus elimination of IT support and hardware costs.  It’s even more affordable and predictable with subscription pricing.  SMB Suite has the advantage of a fully integrated Microsoft solution with a single monthly subscription that includes all of the benefits of the cloud, plus the implementation, support, and upgrades.
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Topics: cloud ERP, Microsoft Dynamics GP, GP Cloud Subscription, Dynamics Great Plains

Love Great Plains, but want to move to the cloud?

Posted by David Greer

Mar 15, 2017

Great Plains customers are moving to cloud solutions. However, to take advantage of a cloud offering, these customers don’t have to move off of Great Plains and be forced to learn an entirely new system - one that could slow their business down.  
 
SMB Suite provides the same benefits of the cloud, while allowing customers to continue using Great Plains. With SMB Suite, customers can upgrade to the latest version of Dynamics GP, and experience the benefits of a modern cloud solution without the time and expense of learning a completely different ERP solution, all for one low monthly subscription.
 
In this three part series we will take a look from the perspective of an existing customer on traditional Great Plains, and the benefits of using Great Plains with the SMB Suite cloud as alternative to having to learn another ERP system.
 
If you have an existing outdated Great Plains on-premise solution, the first benefit of moving to the SMB Suite is that you can keep Great Plains, the solution you know and love. Great Plains, now called Microsoft Dynamics GP, is one of the most widely used ERP solutions in North America. If your business isn’t on the latest version, your company could be missing out on improved productivity and greater efficiencies.  To date, Microsoft has made significant investments in Dynamics GP, adding deeper more robust functionality, while improving the user experience with streamlined and personalized home pages. In addition, you can gain greater insight on your business with easy to use reporting, greater integration to Microsoft Excel, plus advanced business intelligence. Perhaps you have been holding off on upgrading to the latest version of Dynamics GP because your annual renewal plan has long since expired, and the cost of updating is cost prohibitive. This is not a problem with SMB Suite - because when you move to the cloud, SMB Suite will automatically update your business to the latest version.
 
Another benefit of the SMB Suite cloud is that it is a fully integrated solution that cuts costs and greatly reduces errors. Our cloud offering features an integrated suite of products that will increase your productivity, reduce cost, and save time. As many traditionally deployed businesses know, the cost of implementation, integration, and on-going application maintenance of typical on-premise environments can be many times the cost of the software itself. However, with SMB Suite you’ll never have to worry about an approach that requires costly integration to get your different applications to work together. Each application of the SMB Suite works together seamlessly.  Gone are the days of separate on premise software packages—one for accounting, one for sales force management and automation, one for ecommerce, one for service management, and perhaps one for warehousing.  SMB Suite has combined Microsoft Dynamics with solutions that add value, all designed to take advantage of the proven Microsoft platform. These fully integrated solutions include customer relationship management with sales automation, service and marketing solutions, ecommerce for both business to business and business to consumer transactions, human resource and payroll solutions, service management, job costing, distribution and warehousing, plus unique Excel based business intelligence.
 
A great benefit of moving to the cloud is the elimination of on-premise IT costs. The cost of using on-premise software includes the buying and maintaining of computer hardware, operating systems, software upgrades, service packs, virus protection, plus daily backup and recovery. For most small to medium businesses, having an IT department is an expensive luxury - yet without at least one IT person there is a very real risk of costly viruses, loss of data, and downtime. Using a modern cloud based solution such as SMB Suite eliminates this concern. All of the hardware and software maintenance is taken care of by SMB Suite. We constantly work to keep virus protection up to date, applying all required service packs, and providing daily backups. Additionally, your business won’t be tying up funds in server hardware and/or paying for additional hardware upgrades as your business grows. This greatly reduces the risk and allows businesses more time to focus on what they do best.
 
In part three we’ll explore how you can move to the cloud for one monthly subscription, how Microsoft Dynamics works seamlessly with Excel and Outlook, and how to gain greater visibility into your company with business intelligence.

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Topics: cloud ERP, Microsoft Dynamics GP, GP Cloud Subscription, Dynamics Great Plains

Want to use Microsoft Dynamics GP in the Cloud?

Posted by Samantha DeLaire

Mar 8, 2017

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Leading ERP companies would like you to believe that they are the best cloud ERP option for your business. However, to take advantage of their cloud offering, you’ll have to make some tradeoffs -  including giving up much of the Microsoft platform. SMB Suite has a better solution. Enjoy all of the benefits of a modern cloud solution with a proven Microsoft based platform, all for one low monthly subscription.

In this three part series, we will take a look at the benefits of using SMB Suite solutions as an alternative to other cloud ERP offerings. We’ll examine the benefits of using a cloud based solution, discussing what to look for when reviewing Cloud ERP offering, and why SMB Suite offers the most value.

A major advantage of the cloud offering of SMB Suite is that it is built on the proven Microsoft platform. Microsoft is widely used by professionals worldwide, as it is the most predominant business productivity application. Microsoft has made extensive on-going investments in the Microsoft platform, including Dynamics ERP, to add more robust functionality.  At the same time, they have improved the user experience with streamlined and personalized menus, role based home pages, and tools to help businesses gain greater insight with easy-to-use reporting and advanced business intelligence. It is important to look for one publisher for all of the critical foundation components of a cloud solution, because this helps to ensure seamless integration. With SMB Suite, the database is Microsoft SQL Server, the productivity apps are Microsoft Office, the document storage is Microsoft SharePoint or Microsoft SQL Server based, reporting tools include Microsoft SQL Reporting Services as well as Excel, and the ERP and CRM solutions are built on Microsoft Dynamics. By design these solutions work together better than components assembled from different publishers. Compare the Microsoft platform with cloud ERP solutions that piecemeal together their solution with Google docs, BoxNet, and a database from another publisher.

Another consideration to look for is fully integrated applications. This will greatly reduce the duplication of data and the risk of errors. SMB Suite features a fully integrated suite of products that will increase your productivity, reduce cost, and save time. As many traditionally deployed businesses know, the cost of implementation, integration, and on-going application maintenance of typical on-premise environments can be many times the cost of the software itself. However, with SMB Suite you’ll never have to worry about an approach that requires costly integration to get different applications to work together. Each application of the SMB Suite works together.  Gone are the days of separate on-premise software packages—one for accounting, one for sales force management and automation, one for ecommerce, one for service management, and perhaps one for warehousing.  SMB Suite has combined Microsoft Dynamics with solutions that add value, all designed to take advantage of the proven Microsoft platform. These fully integrated solutions include customer relationship management with sales automation, service and marketing solutions, ecommerce for both business to business and business to consumer transactions, human resource and payroll solutions, service management, job costing, distribution and warehousing, plus unique Excel based business intelligence.

A great benefit of moving to the cloud is the elimination of on-premise IT costs. The cost of using on-premise software includes purchasing and maintaining of computer hardware, operating systems, software upgrades, service packs, virus protection, plus daily backup and recovery. Not to mention taking care of equipment breaks, password resets, and training employees. For most small to medium businesses, having an IT department is an expensive luxury. Yet without at least one IT person, there is a very real risk of costly viruses, loss of data, and downtime. Using a modern cloud based solution eliminates this concern. All of the purchasing and maintenance of the hardware and software is taken care of by SMB Suite. SMB Suite keeps your data secure by protecting your business from viruses, maintaining required service packs, and performing daily backups. Additionally, your business won’t be tying up funds in server hardware or paying for charges for additional hardware upgrades as your business grows. This greatly reduces risk, gives more bandwidth to IT for strategic projects, and allows your business more time to focus on what you do best to serve your customers. 

In part two we’ll explore how you can move to the cloud for one monthly subscription, how Microsoft Dynamics works seamlessly with Excel, and how to gain greater visibility into your company with business intelligence.

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Topics: cloud ERP, Microsoft Dynamics GP, accounting solutions

Microsoft Dynamics 365 for Sales & Customer Service - Special Pricing Available

Posted by Samantha DeLaire

Feb 28, 2017

A new interim Offer (Dynamics 365 for Sales and Customer Service) is now available!  Catered to the SMB (small and medium businesses), the Enterprise editions of both Dynamics 365 for Sales and Customer Service, is now available at a reduced subscription price of US $65 per user with a limit of 50 seats. 

Dynamics 365 Trial: Dynamics 365 for Sales Trial    

Dynamics 365 Sales and Customer Service Solution Overview: Sales | Customer Insights | Marketing

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Topics: sales software, smb sales, SMB CRM

How Can Cloud ERP Systems Help SMBs Speed Up E-Commerce Deliveries?

Posted by Samantha DeLaire

Feb 27, 2017

How Can Cloud ERP Systems Help SMBs Speed Up E-Commerce Deliveries?

As Amazon is offering same-day delivery, an expectation is trickling down to smaller businesses to dramatically improve the speed of their e-commerce deliveries.

The key for small-and medium-sized-businesses (SMBs) to speed up their own delivery efforts is to significantly improve their picking and shipping process. Doing this without breaking the bank is a matter of investing in cloud ERP systems.

Here are five ways that cloud ERP helps SMBs speed up their e-commerce deliveries.

  1. Sophisticated tracking: ERP is great for companies that have a need for sophisticated tracking because you can integrate financial systems with warehouse management systems (WMS). That means when you need to know you have 500 items to ship to a client, the WMS will indicate if you have that amount in stock and put a hold on those items so they’re not shipped to someone else. With this information saved in the cloud, your crews can go back to packing and shipping without worrying whether they need to save any of those items.
  2. Automation: Cloud ERP systems improve productivity because automation saves time by reducing (or eliminating) manual work. Streamlined process can shave minutes, hours or days off of key actions and workflow processes, saving your company valuable resources.
  3. Fewer mistakes: With integrated systems, companies can gain productivity, reduce human errorand achieve faster turnaround times since accountants aren’t wasting time updating the same transactions on each and every system. It’s far too easy to log a bill or an invoice in one system, and accidentally flip the numbers in another system. Tracking down mistakes and inconsistencies among the different systems is huge waste of time. This can be eliminated with cloud ERP.
  4. Faster picking and shipping: If a warehouse worker doesn’t have all the information needed to pick something and must go back to the office for more information, precious time goes down the drain. Or, let’s say a customer wanted version A of the product, but your company accidently shipped version C. To correct the situation, the customer has to return the product and you have to restock it — and all the while, you become less efficient. System automation provides faster turnaround times because you have less potential for error. Pick it, ship it and you’re done.
  5. Analytics allows you to respond faster to trends: Many companies are drowning in client and sales data. With so much information, it’s hard to figure out what you need to know because there’s so much information. Cloud ERP lets companies identify issues and trends in their industry or company because it’s powerful enough to crunch all those numbers. Quality data is important for companies to be able to make more informed decisions to drive their business. Analytics capabilities also provide visibility into your current business to tease out problems. For example, analytics gives you a window into sales trends to determine what products are shipping less often and why. If you need to make changes, perhaps because there’s a spike in returns on one product, you can determine the reason. That’s the value of analytics.

As one of the largest companies in the world, Amazon will continue to employ practices that speed up business for everyone. But SMBs don’t have to fear this progress. As a small- or medium-sized business, you too can quicken delivery efforts and keep pace with whatever’s next thanks to quality cloud ERP systems.

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Topics: cloud ERP

4 Best Practices For Reporting With Cloud ERP

Posted by Samantha DeLaire

Feb 7, 2017

For so many small- and medium-sized businesses (SMBs), the problem with their reporting system is that it’s just not easy for “regular people” to use.

Normal people — folks without pocket protectors or advanced degrees in IT — don’t understand how to manipulate all the dials, switches and levers it takes to crank out the necessary data to make decisions.

So what do regular people use? Excel. With more than a billion Microsoft Office users, it’s safe to say that most businesspeople know how to use, and heavily rely upon, the spreadsheet software. The problem with this is that producing significant business intelligence from this simple program is difficult, at best.

The solution, therefore, is to use an ERP system that is capable of more sophisticated data-crunching, but is as easy to use and is integrated with Excel. Fortunately, cloud ERP solutions out there do just this; they have business intelligence reporting tools that are built-in and based on Excel.

This fact alone can solve so many reporting issues for SMBs. It means the nontechnical user can leverage his or her already-built competencies around Excel formulas to build ad hoc reports. Otherwise, this effort is a tedious process for most people.

Remember, reporting tools that are user-friendly means more people in the company can leverage and prepare reports or build their own. Rather than hiring someone to build reports, users are able to run the reports they need all by themselves, saving time and speeding up decision-making.

The more power you can put in the hands of your employees, the better off they are to support their own decision-making process. If they don’t have to bug the IT guy to pull reports for them, they are empowered and more productive.

Obviously, the similarity with Excel isn’t the only advantage that cloud ERP has for reporting. Using cloud ERP helps SMBs define and follow best practices of all kinds, including these four.

  1. Standardize accounting and operational business practices: This is critical to improving the integrity and reliability of all reports.
     
  2. Conduct a review of all of the “out-of-the-box” reports available with an ERP system: Make sure you review all of these reports on the system that you’re migrating to. See if they can be used to replace an existing report, relieving you of the need to create a custom report.
     
  3. Key performance indicators: Many metrics could be used to make adjustments to your business. The obvious considerations are profitability, sales numbers and time to invoice.
     
  4. Forecasting: Revenue, capital planning and personnel are important to consider when making plans for the future. Perhaps you have a goal to grow the staff by 10 people or add a new division. Get your finance department to create a bridge to achieve these operational goals. Finance will establish the parameters around the goals, such as a specific percentage of revenue growth to pay for new employees, or capital planning to support a new division.

Most SMBs are made up of “regular people” who are tasked with an ever-increasing number of assignments. They have to wear many hats to keep the business going. The key to success is to have full visibility into your finances. Quality cloud ERP solutions provide SMBs with the power to build the reports they need to achieve this visibility.

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Topics: cloud ERP, Business Reporting, bi reporting

Five Keys to a Successful Financial Migration for SMBs

Posted by Samantha DeLaire

Jan 11, 2017

Is your small- to medium-sized business (SMB) finally moving your financial accounting software from your server in the basement to the cloud? If so, that’s a great decision!

However, successful migrations aren’t easy without help. Here are five tips on how to seamlessly move through this critical process and start enjoying the benefits of a cloud ERP solution. 

  1. Build the perfect timeline for the migration: Planning the right time of the year is critical. Determine your own busy periods and avoid them. If you’re starting an implementation, give yourself 90 to 120 days to pick a kickoff date for the project. From there, work backward to time evaluations and decision-making. Assume a 45- to 60-day sales process to work toward that deadline. This allows time before completing the contracts for an evaluation period.
     
  2. Pick the right vendor by asking around: Evaluate possible vendors as much as possible before engaging in the sales process. Referrals are highly important. And remember, you can learn a lot from a company and its solution before you ever commit to entering the sales process. In other words, know what you want and need, and make sure the system provides those features. Some companies make the mistake of jumping into the conversion process and must learn about the software along the way. This is a bad idea because you might get directed into a point of view that’s not in your best interest. Vendors that provide evaluation tools and white papers are most likely to have a good sales process, because they expect you to evaluate them. Peer evaluation can provide authentic “from-the-trenches” views on the software.
     
  3. Avoid hidden costs and fees: Make sure you clearly understand what you’re paying for. The value of the cloud is that it removes a great deal of costs — hardware, support, maintenance, etc. — that are ongoing but not always considered appropriately. Often, the biggest problems occur when companies don’t understand a contract or deliverable. Scope creep happens because companies keep asking for features not included in the original price. Deployments will last longer and cost more if you don’t read the fine print. This is why you must demand a fixed bid.
     
  4. Don’t undervalue the cloud: Don’t dismiss the value that the cloud brings. Avoid getting hung up on license or monthly subscription fees. Instead, look into the lowest total cost of ownership. Your on-premises financial accounting software solution won’t seem so cheap if you calculate all the costs to maintain and upgrade the system. And remember, a cloud ERP system includes updates to the tax code, service packs, tech support and many other additional services within an application that you need but will never have to ask for.
     
  5. Always review deliverables: Be clear about the deliverables. Include these expectations in excruciating detail. Otherwise, you’ll hear this phrase: “That wasn’t included in our estimate. It’s extra.” Get everything in writing as part of the statement of work (SOW) before you sign any contracts. If something you expect isn’t contained in the SOW, make sure it gets added and that the provider tells you if it’s not.

You’ve made the right move! You’ve decided to empower your financial accounting efforts by moving to the cloud. Just make sure you comb through the fine print and put everything in writing. If you do, your migration to the cloud should be a great experience.

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Topics: financial accounting, cloud migration

UK Banking Disrupted: Metro Bank Reinvents Customer Service with Microsoft

Posted by Frank Gerome

Jan 5, 2017

Metro Bank is reinventing the customer experience by eliminating the all-too-familiar pain-points experienced at a bank – the long waits, complex rules, confusing processes, and barrage of marketing offers. Metro Bank is leveraging technology to give people what they want, and they’re doing it faster, making it easier, and delivering it via the communication channel that’s most convenient to the customer. With nearly 100% year-on-year growth, Metro Bank is succeeding – but not by serving customers, by creating "fans.“

Metro Bank is transforming banking. Turning the industry on its head and putting the customer first, the company isn’t simply focused on the number of new accounts, or the number of pounds in deposits or lending. Daily performance metrics actually include factors of customer happiness. With a data- and process-driven Microsoft Dynamics 365 platform, today Metro Bank is providing employees immediate access to information at their fingertips, fast-access to fast solution pathways, and the empowerment to solve the customers’ needs. Craig Donaldson, Metro Bank CEO says, “Technology should be used to engage people and that’s what we do at Metro Bank. It’s all about our colleagues and our customers. It’s all about creating fans. It’s really that simple.”

Increasing the speed of business: Technology reduces customer wait time

“When a customer walks in, we can open their accounts for them there and then. Cheques and debit cards are printed in minutes and given to the customer on site – done,” says Donaldson. If a customer requires more complex banking needs, the right colleague can be messaged to come assist to solve the customer's needs immediately. Communication is instant between employees with Yammer, says Donaldson, “We use modern communication tools to connect people with customer service instantly – no appointment required.”

Whether it’s monitoring branch traffic patterns or a customer’s account activity, Metro Bank employees use Dynamics 365 for customer service and Power BI to identify and address problems before they begin to affect the customer relationship. And when in doubt, employees have access to a vast knowledge base of answers. “Our colleagues have instant access to Metropedia where they find the answers stored in Microsoft Parature. It’s massively faster and far more user friendly compared to what we had in the past. We’ve seen the usage of it shoot through the roof,” says Donaldson.

Consistency with every interaction: Giving customers clarity not confusion

Whether it’s over the phone, face-to-face, via the mobile app, social media, or the internet – every customer channel will deliver the same superior customer service offering fast and easy solutions. Dynamics 365 for Marketing allows Metro Bank to avoid the mass marketing communications that are a common frustration among banking customers. Metro Bank’s goal is to provide exactly the right information customers need at exactly the right time, via the channel that’s most convenient to the customer. Says Donaldson, “When we launched our mobile app, we got live updates on mobile banking data and as customers requested the activation code, if we saw customers go past five activation attempts we called them to help them through it, which earned us great feedback.”

Streamlining systems: Less bureaucracy creates more time for customers

“By getting people to sign on Surface tablets, we took two minutes off the time it takes to open an account with the customer, and 10 minutes off the back office work. Also, we instantly we saved maybe three-quarters of a million pounds in paper, and we now have 15% more time to spend with the customer,” says Donaldson. “We can have people across the organization, all looking at the same credit paper, discussing it together over Skype for Business. We think that’s taken about two days out of reviewing a large credit underwriting. Which for our business, is massive. There’s no other organization that can turn a credit request like we can,” says Donaldson.

The company streamlined their systems with dashboards and reports generated in Power BI — everything from types of accounts opened to income data and P&L and balance sheets. The CEO relies on a dashboard with 14 different data points to monitor the health of the business, including one metric – “New Fans Today” which is also displayed on big screens around the office.

Staying connected to the customer: Building fans

Metro Bank monitors social media to understand what people are saying about their stores. Microsoft Social Engagement makes it simple to recognize relevant issues and direct them to the right person who can make the change. Taking direct action to improve the customer experience, they forward comments to the specific colleague who will address the issue. And to ensure that no matter who the customer talks to, they’ll never have to explain their needs twice because the details of each customer interaction with the bank are stored and accessible across the organization within Dynamics 365 for Customer Service.

By putting the customer first, and driving toward solving the customer needs using cutting-edge technology, Metro Bank is setting the bar for all banks and making banking easier for all of us.

 

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Cloud ERP Returns Greater ROI

Posted by Samantha DeLaire

Jan 5, 2017

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ERP software offers many advantages for small and medium businesses including greater agility, competitive edge and improved operational efficiency. Move your ERP to the cloud and it becomes more advantageous for small and medium businesses as it empowers them to better compete and achieve greater ROI.

If you’re a business just starting to research ERP, it might be good to start with the history of ERP Software and how the technology evolved.

ERP had its early beginnings from MRP or Materials Requirement Planning, which integrated additional data specific to employee and financial information into the scope and planning. It then changed to Manufacturing Resource Planning primarily due to industry interest before it morphed into what we know today as ERP – a solution that streamlines internal and external operational processes to improve efficiency and profitability across the entire business.

Enter cloud technologies, specifically Cloud ERP, and now a company has the ability to achieve greater ROI by improving operational efficiency, being more competitive in the market and proactively planning for their growth and greater profitability. For small and medium businesses, Cloud ERP may be a more viable solution, delivering greater ROI.

Improved Operational Efficiency
It’s widely known that ERP Software is designed to increase visibility and transparency across every department. And that certain industries will have specific initiatives relevant to industry drivers. Move to the Cloud and you now have your ERP on demand creating access to services from anywhere the internet is available. This allows for greater collaboration between employees, regardless of where they are located, improved visibility and a clearer picture of financials across multiple departments. And having the ability to act quickly to business opportunities as they arise will only improve overall performance and agility.

Be More Competitive
An additional benefit associated with ERP Software is the capacity for a company to gain greater competitive advantage and remain resilient. To be exact, a company’s ability to meet the demanding needs of the market faster than the competition, distinguish their value proposition from the rest and remain ahead of the competition. Many believe this is the single most important aspect of staying competitive.
Cloud ERP adds further to the value proposition by bringing fluidity to the business – allowing an organization to adopt new technology without disrupting business or having to add additional resources while adding the ability to better manage cash flow. This is especially important for small and medium business owners that can benefit from:

  • No upfront monetary investment
  • Moving CAPEX expense to OPEX
  • Locking in a price structure that fits their budget

Proactively Plan for Growth and Prosperity
The ability to plan for growth and prosperity may be the most highly regarded ERP benefit of all as companies have the opportunity to modify strategy for cost control, forecast for the short and long term, plan for the future and be in control of their own prosperity.
Cloud ERP takes it a step further by adding “scalable” options when you need and in a pay as you go model; utilizing smart technology to better manage operational capability; integrating the cloud footprint (across every department) to deliver innovative best practices; and taking the first step to alter your financial model in a positive way.

Now that you know what ERP Software can offer and the advantages of Cloud ERP, evaluate the best option for your company. By better understanding the internal details of your business, you will have more proactive options to improve the bottom line, plan your technology infrastructure and invest in the right resources to grow.

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What's in Development for Dynamics 365 for Financials?

Posted by Samantha DeLaire

Jan 3, 2017

Coming soon for Dynamics 365 for Financials!

Basic Human Resource

With Basic Human Resources, you can maintain a list of employees in your company. You can add basic information and a picture for each employee. Coming soon for Dynamics 365 for Financials!

Cash Management

With Electronic Funds Transfer, you can pay vendors using electronic payments. You'll be able to modify the format that is used to create the EFT file to suit your needs. You can assign a file layout to each bank account, and then when EFT payments are processed, each EFT file uses the specified layout. The default layouts will include a PPD and CCD file layout.

Ceridian Payroll

You can now import payroll transaction files from Ceridian HR/Payroll in US and Ceridian Powerpay in CA by installing the Ceridian Payroll extension. Aggregated payroll data, including date, payroll account, description, and amount, will be imported to your G/L accounts according to mappings that you perform once per payroll account. The extension also contains a sample payroll file that you can use to try out the functionality, for example, in a demo company.

Contact Management

To streamline your marketing reporting, you can now specify a salesperson/purchaser code for user accounts. When you then create sales or purchase documents, the default salesperson/purchaser code is the one specified for your user account.
 
To increase sales people's productivity in managing opportunities and to provide a more fluid experience for phone and tablet devices, you can set default chances of success in the sales cycle stages in opportunity management.

Managing contact duplicates is important as contact information tends to grow over time. If you're a sales & relationship manager, your Home page now shows the number of duplicate contacts. 

Tailor your cover sheet reports to your business needs using Word.

Filter exactly which contacts you want to export from a segment and send to a marketing Agency.

Dynamics 365 Integration

Connect to your Dynamics 365 for Sales solution in a few easy steps. The assisted setup helps you synchronize your data across the two apps, including sales orders, item availability, units of measure, and currencies.

Integration APIs

To empower developers and service providers to easily integrate with Dynamics 365 for Financials, we are adding REST-based web service APIs with easy-to-use authentication. The APIs can be used on their own or in combination with extensions when there is a need to add user interface elements or business logic to Dynamics 365 for Financials. We will start by adding APIs for common record types, including customer, vendor, employee, item (product), sales order, sales invoice, account, and journal.

Interaction/Document Management

You can now send a sales quote to a contact without having to create them as customers first.

Multiple Locations

With Multiple Locations, you can manage your inventory at different places. Multiple Locations gives you a more detailed overview of inventory, whether it is placed at ather geographical locations or just in different places in your warehouse. You can buy to and sell from locations. When you sell items, the Availability per Location window will tell you how to best deliver items to customers. You can transfer items between locations with transfer orders.

Payroll - Quickbooks File Import

You can now import payroll transaction files in the Quickbooks IIF format by installing the Quickbooks Payroll File Import extension. Aggregated payroll data, including date, payroll account, description, and amount, will be imported to your G/L accounts according to mappings that you perform once per payroll account. The extension also contains a sample payroll file that you can use to try out the functionality, for example, in a demo company.

 Setup and Configuration

Microsoft Dynamics 365 Roadmap

We have added a Setup and Extensions button in the navigation pane for the Business Manager and Accountant Role Centers. From the list of actions, you can open practically all setup pages, either assisted or manual, and you can open setup pages for service connections and extensions. Third-party extension providers can add their actions to the list. In the Manual Setup action group, each action refers to an area, such as General, Finance, and System. The row for each setup page has keywords allowing you to both search across setup pages and to filter the list to only see setup pages within a given area. 

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Topics: cloud ERP, microsoft dynamics 365