Multi-Site Corporation Switches to Microsoft Dynamics GP
Posted on: September 28, 2015 | By: Craig Thompson | Microsoft Dynamics GP
What happens when a multi-site corporation dealing heavily in medical services has an aging accounting system that no longer meets its critical needs? This is what happened to one of our clients, who decided to reach out to Logan Consulting for much needed help.
This company operated fourteen clinics in 6 states and had annual revenues of over 22 million dollars, yet was still relying heavily on spreadsheets in order to fill accounting needs. The client was looking for an ERP system that had the ability to grow with the company with the flexibility to form to many of the demanding needs within the business.
When discussing these issues with our client, we realized that they were specifically interested in two top things. They needed their new ERP system to:
1. Fit within their budget
2. Provide significant automation for accounting processes
In order to fulfill these requirements, we decided to turn to Microsoft Dynamics GP. With Microsoft Dynamics GP this company was able to receive an ERP system at a price within their set range, allow for easier processing of data entry and reports, and even had the opportunity to access their new software in the cloud. Although changing from a legacy system to a new and improved ERP system like GP provided significant value, we knew the process would not be entirely easy. In order to successfully implement this new software, we developed an outline of day-to-day workflows within the accounting department as well as reinforced and trained all staff on the new processes put into play. We also provided business and software expertise to support data conversion, process design and more.
After a successful implementation, we soon contacted this medical provider to see the difference GP made compared to their previous outdated system of accounting methods. Here is what they had to say:
– There was a 60% decrease in spreadsheet input due to push of a button consolidated financial reports.
– Probability enhanced due to drill-down capabilities provided in GP
– Journal efficiency, including payroll entry, was increased
– Self-sufficiency achieved in all modules including general ledger and accounts payable
Sometimes when it comes to accounting procedures, your old system just has to go. In order to increase profit and ease the difficulties of accounting processes within your company you may want to consider upgrading your current ERP. With help in ERP implementation, or if you have any questions about a Microsoft Dynamics upgrade, contact Logan Consulting your Chicago based Microsoft Dynamics GP partner.