Microsoft Dynamics Accounting: The Flexibility of SaaS or On-Premise Capabilities
Microsoft Dynamics accounting consistently takes its place among the top accounting software options. It is similar in usage to Microsoft Office Outlook, and gives you a large gamut of collaborative accounting functions, including CRM, control over your supply chain data, tools for e-commerce and even human resources options.
Before learning why Microsoft Dynamics accounting remains among industry leaders, consider that performing hundreds of daily financial tasks can bog your team down with the details, though incredibly important, it can become something that shifts attention away from your overall vision. Not only that, but your organization is increasingly charged with knowing and implementing financial standards and rules for maintaining compliance.
Don’t Want to Choose Between SaaS or On-Premise? Don’t.
As you work to maximize your accounting software, it’s likely you’ll wonder whether you need SaaS, so that you can pay for what you use, giving you accessibility from nearly anywhere and avoiding costly installation on your own server? Or should you go with an on-premise model for accounting software, bypassing some of the security issues that can creep in around SaaS applications and work with your own IT team to modify the way your options are used?
With Microsoft Dynamics accounting, you can have the best of both worlds. Or switch back and forth between the two, depending on your organization’s changing needs.
What Can Microsoft Dynamics Accounting Do?
Part of the Microsoft Dynamics ERP suite, the Great Plains software is the Microsoft Dynamics accounting tool with the strongest market share. It’s a hosted option, so you would utilize a subscription fee for the options you want and bypass the need for buying multiple licenses for your users. Like the other options in the Microsoft Dynamics accounting suite, GP is scalable and will be useful whether you’re a midsized business or in a rapid growth phase.
Microsoft Dynamics accounting can not only keep you in compliance with tracking tools, but they can also help make your workflows more efficient through automation and help you succeed with new quality-building strategies.
Your team can quickly get the information they need, while your executives can keep tabs on risk measurements and analyze your business conditions from multiple departments. Transactions are recorded automatically, so your audits will go even smoother. Tools for managing cash and collections, as well as requisition management, forecasting, manufacturing and more can be merged with CRM tools.
Make Up Your Mind, Then Change It Again: Microsoft Dynamics Accounting is Flexible
You’ll be pleased with the adaptability of Microsoft Dynamics accounting, Microsoft Dynamics GP, as either an on-premise tool, by using a SaaS option, or some of each. If your organization expanded some of your operations, you might find yourself entering more data than you wish and needing to tailor your accounting tools with increased control, while other areas of your organization remain steady – and you can do that with Microsoft Dynamics accounting.
Microsoft Dynamics Accounting: Core Functions, and Choice
You’ll get the core functions with Microsoft Dynamics GP – cash flow management, project-by-project accounting, forecasting tools and distribution data, plus the ability to integrate with Microsoft’s CRM offerings – along with the distinct advantage of being able to modify your deployment decision and move your data . However, it’s not the only tool in the MS Dynamics Accounting suite. There are other Microsoft Dynamics accounting tools for reporting and forecasting, as well as enterprise-level solutions for CRM and ERP.
With competitive pricing, the freedom to let someone else take care of upgrades and patches, and the freedom to choose customized on-premise or SaaS options as your business changes, Microsoft Dynamics accounting solutions can help you stay on-focus – and that’s a strategy that can skyrocket your confidence.