Implementing Business Central Streamline Financials, Multi-company Accounting, and Resource Revenue
Challenges
- The management of multiple companies lacked a standardized method.
- Consolidating multiple company accounts lacked a standardized method.
- Generating AR and AP invoices lacked a standardized method.
- The cost code structure was not standardized across the company.
- Payroll integration with Business Central needed improvement.
Technology
- Dynamics Business Central
Results
- Streamlined operations and management to improve efficiency.
- Consolidated multiple companies accounts to manage resources, costs, and revenues better.
- Developed a centralized database accessible to all departments with integrated information to improve communication and collaboration.
- Implemented real-time inventory tracking and inventory valuation for better inventory management.
- Improved financial reporting for monthly/quarterly/yearly comparisons to help make informed business decisions.
- Added features in D365-BC to facilitate bulk data upload for day-to-day expenses.
- Implemented effective workflows with multi-level approvals to improve workflow management.
