Do you receive your status reports on time? Do you have trouble finding the section of a scope document you need? Are your training guides confusing? The importance of consistent and clear documentation cannot be understated. Information you receive should be conveyed in a clear, concise, and consistent way so maximum understanding is attained. Without a clear understanding of project details, statuses, or scopes, it is more likely that the project will be held up, or worse, completed in ways that were not a part of your original intent.
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Dynamics 365 Business Central was released by Microsoft in April 2018. Since its first release, Microsoft has continued to enhance the application. Microsoft’s major functional improvements, along with changes in user experience, development tools, programming models, and deployment options has led to an increased number of implementations.
It is no surprise that it is becoming increasingly harder to keep up with the pace of change in today's competitive environment. A greater move towards digitization is driving disruption across almost all industries. A report released by the Global Center for Digital Business Transformation found that 4 out of today's top 10 business leaders in each industry will be displaced by digital disruption in the next five years. This disruption takes the form of a vortex, where industries are inevitably moving toward a digital center where business models and offerings are digitized to the maximum extent possible.
Executives have to ask themselves "Are my numbers accurate?" more and more every year as financial complexity increases. With an influx of fraud cases, it's no wonder CFOs and CPAs alike are finding it harder and harder to sleep at night.
Microsoft Dynamics AX is an ERP system designed for medium to enterprise-sized companies. Introduced over a decade ago, it is known as a reliable business management software capable of handling robust financial needs. It covers areas such as financial management, inventory management, warehouse management, manufacturing, distribution, service management, human resources, e-commerce, and sales.
Microsoft's focus in recent years has been directed towards Dynamics 365, their business management suite designed to unify all business areas through connected applications. However, legacy products such as Dynamics GP are still widely used and trusted by many organizations to provide a strong backbone for their financials. Given this shift in focus, it can be hard to understand the current state of affairs for Dynamics GP. This blog post will clear up some of the confusion that surrounds the future of Dynamics GP.
Spreadsheets are the life blood of a small business. Excel’s user-friendly interface combined with basic accounting software are ideal for the first days of a business. However, as a business grows, there reaches a point where richer visibility and more advanced reporting is needed. Eventually, the data becomes too complex and wider global integrations along with optimum visibility are imperative.
Audits can be a stressful time for any company. Getting everything in order beforehand and working with the auditor while they are on site can be time consuming and exhausting. However, what if there was a tool that could make your audit a breeze? A system that could ensure that your financial information is at your fingertips at all times.