Financial Management with Microsoft Dynamics
Your former financial management system worked well in the past, but now you need something better. What does “better” mean? For some companies, better means easy to use and for others, it means bringing multiple sources of information into a single view. Better can mean increased reporting options and, for companies with high transaction volumes, better means a faster month-end close. Better means many things!
Financial Management Resources
The Familiar Feel of Microsoft Dynamics
Microsoft Dynamics has a familiar Microsoft look and feel. If your company is already using tools such as Windows Explorer, Word, Excel, or Outlook, your employees will be familiar with the menu structure and layout. Microsoft Dynamics also takes the RoleTailored interface approach – providing a desktop for each user role that shows pertinent information. Whether you are a manager or an AP clerk, you will get the information you need most. This contributes to sound financial management.
There are two sides to easier financial management and analysis. One side involves simplifying processes and making users more efficient. The other side involves presenting complex data in time-saving views – ones that don’t require users to jump back and forth between screens. This results in faster month-end closes, more efficient AR, more accurate invoicing, and a better return on investment in technology, skills, and processes.
Additional Reporting Options
Microsoft’s research and development effort is one of the largest software R&D efforts in the world. It leverages technologies from its other software. Excel and Word functionality is embedded right into the Dynamics software. Grabbing information and putting it in Excel is a one-click step. Importing and exporting financial management data can be accomplished by taking advantage of other Microsoft data technology such as SQL, ODBC, OLAP cubes, and others.
Microsoft Dynamics products have embedded report writers, which eliminate the need for external reporting packages. They also have Business Intelligence views with drill-down capability. This gives you the right level of reporting for different positions in the company.
This strong mix of reporting tools gives you the financial management insight you need to make more informed decisions, enhance visibility for future planning, and uncover solid business intelligence to move in a strategic direction.