Are you looking for a more robust enterprise resource planning (ERP) system? Let’s talk about Microsoft Dynamics GP as a possible solution. In our opinion, Dynamics GP is one of the best ERP systems for distributors and manufacturers because of its features and functionality in these categories:
- Intuitive user interface
- Efficient inventory management
- Strong sales operation workflow
- Customizable manufacturing processing
- Robust financial management
- Flexible and easy to use integration capability
- Multi-currency handling
- Multi-national support
- Robust reporting and analytics
- SOX compliance and incorporation of GAAP workflow
INTUITIVE USER INTERFACE
Microsoft Dynamics GP (GP) is renowned for its user friendly interface and intuitive workflow.In fact it’s one of the many reasons Dynamics GP has amongst the higher user adoption rate of any ERP system.
The user interface has the same look and feel as that of Microsoft Outlook.As a result new Dynamics GP users will ‘feel at home’ as soon as they start up the system.
EFFICIENT INVENTORY MANAGEMENT
Whether you use lot and serial numbers or not GP will help you manage, track and maintain the most precious commodities to your business, your inventory.The Inventory module of GP is a favorite among distributors and manufacturers due to the robust handling of: kitted items, bill of materials, expiration dates, manufacturer dates, etc.
In addition, the Inventory module seamlessly integrates to the Sales Order Processing, Purchase Order Processing and manufacturing modules to offer maximum efficiency to your operational processes.Therefore, whether you’re selling items, purchasing items or manufacturing items you’ll be able to drill down, look up and get automatically prompted (by GP) of your inventory status.
STRONG SALES OPERATION WORKFLOW
The seamless and extensive integration between sales order processing, purchasing, and the inventory module allows for maximum efficiency and when handling sales operations.
As your customer service team enters orders the system will let them know if items are out of stock and at that time give them the option to; place purchase orders with vendors, manufacture items, put items on back-order, etc.
In addition, the inter-connectivity between modules offers easy drill-down and look-up capabilities to research stock on hand, stock on order, the forecast production completion date of items, etc.
CUSTOMIZABLE MANUFACTURING PROCESSING
Microsoft Dynamics GP manufacturing supports various manufacturing modes including engineer-to-order and make-to order.As a result, Microsoft Dynamics clients are better able to meet the changing requirements of their manufacturing customers in order to maximize customer satisfaction and minimize costs.
The user friendly interface and intuitive workflow make Dynamics GP a breeze to learn to use. But it’s the solid financial management capabilities that have distributors and manufacturers coming back for more.
FLEXIBLE AND EASY TO USE INTEGRATIONS TO OTHER BUSINESS SYSTEMS
Dynamics GP offers several out of the box integration tools for both developers and IT teams. As a result, Dynamics GP can serve as the core foundation for integrating all of your disparate business applications into one seamlessly integrated business system. Thus you’ll have one single system for; management reporting & analysis, business operations workflow, monitoring, budgeting and forecasting, etc.
MULTI CURRENCY HANDLING
Manage multinational operations with ease. Easily comply with international currency standards and work with international clients and vendors while completing financial transactions in numerous currencies. More specifically, Dynamics GP offers these features for efficient multi currency management:
- Exchange Rate Tracking
- Standards Support
- Currency Rate Definition
- Customer-Specific Default
- Extensible Multi currency Solutions
- Realized Gains and Losses
- Multi currency Reporting
- Multi currency Inquiries
Dynamics GP is a favorite not only with North American companies (i.e. Canada and the US) but it’s also localized for support in these other countries: Argentina, Australia, Chile, Colombia & the United Kingdom.
And Dynamics GP offers language support in these languages: English (US), English (UK), French (Canadian), and Spanish (Latin America).
ROBUST REPORTING AND ANALYTICS
Dynamics GP offers several built-in query tools and robust “look up” functionality to investigate, drill down, drill across so that you can easily research transaction history and the related documents.
In addition, Dynamics GP comes with Management Reporter (replacing FRx Report Writer) for robust financial reporting and SQL Server Reporting Services (SSRS) for operational reporting.
SOX COMPLIANCE AND THE ADHERENCE TO GAAP AND IFRS PRINCIPLES
Many public companies use Microsoft Dynamics GP and they successfully pass their audits regularly. In fact many clients have stated that their audits have gone smoother and have taken much less time after they started using Dynamics GP due to: the adherence to accounting guidelines (GAAP, IFRS, FASB, etc) of the system, the robust reporting capabilities, the easy-to-use inquiry capabilities and the look-up capabilities.
While it’s easy to make the case for Dynamics GP using broader strokes, it’s much more helpful to compare these specific features to the needs of your daily operations. If you’re still wresting with the decision of which financial management system to use, give Calsoft a call. Let us show you the exact ways Microsoft Dynamics GP will improve your 3PL or logistics business.
1-888-838-8422 or Send us an email today.