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Enhance your Financial Management to Drive your Business Forward – Part 2

October 27, 2011 11:40 am Published by

In our last blog post you learned about a few available features in Microsoft Dynamics GP that can be useful for your employees. Why not take advantage of what is out there?

Here are a few features will come with the Business Essentials and Advanced Management Edition of your Microsoft Dynamics GP software:

Concur Expense Integrator

This is an add-on feature for both the Business Essentials and Advanced Management Editions. Users will be able to integrate their approved expense report data from “Concur Travel and Expense” into the Payables Management module without doing manual entry.

Customer/Vendor Consolidations

This feature is available in the Advanced Management Edition. Users can transfer information quicker between Payables Management and Receivables Management. This will create a customer record using already available information in the vendor records.

Electronic Bank Management

This feature is available to both the Business Essentials and Advanced Management Editions. For transactions that are on your bank statement you can set up in your Microsoft Dynamics GP software for entry, maintenance, and reconciliation.

Electronic Banking Suite

This is a feature that is available to both the Business Essentials and Advanced Management Editions. With this feature, users are able to do Electronic Funds Transfer to Payables (EPM), Electronic Funds Transfer for Receivables Management (ERM), and Electronic Bank Reconciliation (EBR).

Electronic Reconciliation Management

This is an add-on feature for both the Business Essentials and Advanced Management Editions. It will allow integration with bank reconciliation in order to automate it electronically and manage transactions using tools that work well with any bank supporting automatic reconciliation.

Encumbrance Management

This is also available to both the Business Essentials and Advanced Management Editions. Allows users to easily find and track budget information review current encumbrances and streamline reporting processes.

Learn more about these features that will Drive Your Business Forward by contacting us directly.

About MIG & Co.

MIG & Co. is a professional consulting firm that specializes in the implementation of business management software solutions, including Microsoft Dynamics GP, SL, and CRM. We automate business processes to ensure that our customers work efficiently. MIG is a Microsoft Dynamics Gold Certified Partner.

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