Monday, October 10, 2016

What is Microsoft Dynamics GP?



Microsoft Dynamics GP is a complete ERP package for you growing organization. With Microsoft Dynamics GP, your organization will be able to make the most out of time, money, people and other resources by streamlining your business processes and functions. For detailed consultation about this wonderful business tool, it is best to contact or visit experts such as ERP Consulting LLC, which offers consultation on Microsoft Dynamics GP in Pataskala Ohio.

Let us try to peek into some capabilities that Microsoft says about Microsoft Dynamics GP, which includes flexible and familiar tools necessary to keep your organization growing.

Financial Management and Accounting
Microsoft Dynamics GP will help you manage your organization’s cash, assets, and banking. With enhanced security features, the system allows you to do budgeting and analytical accounting without worrying of data and information leaks. Sophisticated yet easy-to-use features on cash flow management and assets management will be of great help to any organization.

Inventory Management and Operations
With this complete ERP system, it is easy to track and manage production, inventory, orders, and vendors. From receiving orders, to checking inventory, to processing those orders and managing returns, Microsoft Dynamics GP is designed to make the process smooth and painless.

Business Intelligence and Reporting
Make use of previous and current transaction data and results to get real-time visibility and analytics. This will help to track performance and will allow the organization to act with insight. No one wants to repeat the same mistake, but everyone wants to repeat the same successes. Allowing your organization to do precisely that is among the strongest points business intelligence and analytics that comes with Microsoft Dynamics GP.

How to Get Started
Consult now with ERP Consulting LLC, which offers consultation on Microsoft Dynamics GP in Pataskala Ohio. We are dedicated to offer you with the best advice and solutions for the ERP needs of your growing organization.

For more information on Microsoft Dynamics GP in Pataskala Ohio, please contact or visit us anytime at ERP Consulting LLC. We are always ready to assist.



Businesses and ERP



Businesses like ERP Consulting LLC, an expert on Dynamics GP in Pataskala Ohio, have become a great help for organizations wishing to adopt an ERP system. What is ERP and why are organizations very eager about it?

The Typical Process
In a typical business operation, when a customer calls for an order, it first goes thru the sales department, which then checks the inventory for product availability.  If no product is available, it will contact the production department, which would check the inventory for the materials and buy the unavailable materials from a third party vendor. When the product is finished, the sales department will then deliver the product to the customer. After the transaction is done, all the financial reports of the sales department and production department will then be submitted to the finance department for records of sales and expenses. It is a long and complicated process, which is also prone to errors and miscommunication between departments.

What is ERP?
ERP helps eliminated all these problems and gives your business an easy and smooth flow of operation.

ERP or Enterprise Resource Planning is a system, which manages the information of your business in a centralized manner. It integrates units of your business needed in the operation, which are product planning, manufacturing, marketing, inventory management, and shipping and payment.  Also, all the information goes through the system in a (or nearly) real-time basis thus avoiding data duplication and provides accurate information to all departments.

How does ERP work?
So, how would a business using an ERP system work?

When a customer calls for an order, sales department will just check the real-time information stored in the centralized system and can inform the customer whether the product is available or not.  And since all the departments have access to the centralized system, unavailable products can be manufactured faster which can lead to increase in sales and improved customer relations.

Here at ERP Consulting LLC, we can assist you on how to implement Dynamics GP into your business. We are an expert on Dynamics GP in Pataskala Ohio. For ore information about ERP and Dynamics GP in Pataskala Ohio, please contact of visit us at ERP Consulting LLC. Let us help you find the best

4 Benefits of Microsoft Dynamic GP’s Collection Management

Collections can be a really tedious process and, when mishandled, can cause a major financial trouble. Good thing, Microsoft Dynamics GP, a solution that we, at ERP Consulting LLC, a company that implements Dynamics GP in Pataskala Ohio, has a feature called Collections Management, a tool that will streamline collection process and reports.
 Here are some of the ways your company can benefit from the Collection Management system:

1. Decrease DSO
Days Sales Outstanding (DSO) is a necessary statistic in determining your Accounts Receivable, the money debtors owe you. DSO determines your sales and how fast you get paid for it, therefore it’s a way to know how efficient your collection process is. Microsoft Dynamic GP’s collection management feature will help you keep track of it in order to easily realize your Return of Investment.

2. Keep Payments History and Notes Centralized
Collections Management has a centralized area for tracking notes, arranging follow-ups, and setting actions on invoices. With Microsoft Dynamics GP, everything is there, from creating actions to keeping histories and notes on customer invoices. Having a centralized area for contact and collections information will boost your company’s efficiency.

3. Automate Follow-Ups and Collections A feature called “Collections Plans” will suggest all the customers you need to contact, as well as, automate all the steps in the collection process. It helps reduce your time searching for customers, creating e-mails, and manually attaching invoices. This system has a sequence of actions that are automatically suggested according a particular invoice’s due date. With this, you will significantly reduce the time to be allocated in organizing data and communicating with your clients, and be able to concentrate on other aspects of your business.

4. Simplify Reports Generation It provides a summary of Account Receivables and enables you to view information by collector, by national account, or by a group of customers. It also includes “SmartList”, a tool to dissect data, and a performance report for every collector. All these things will deal with the problems that customers have and the inefficiencies of the collectors.

The points above explain how the Collections Management feature of Dynamic GP, a business solution that we offer here, at ERP Consulting LLC, the leading source for Dynamics GP in Pataskala Ohio, enables you to enhance your cash flow and prevent financial mismanagement resulting to bad debts. Timely collection of receivables is very important in business as it promotes better cash flow. With Dynamics GP, you can be sure to have a more efficient and productive collections process. To get Dynamics GP in Pataskala Ohio, schedule an appointment with us, at ERP Consulting LLC, anytime. Call us at 614-207-1782.