If your company has outgrown your existing business management system and looking to upgrade to a modern ERP solution, there are many options.  Luckily, if you are considering ERP business solutions from Microsoft, they have made it very easy.  When choosing licensing types for Microsoft Dynamics 365 Business Central, there are 2 primary options: Essentials and Premium.  Keep reading to learn about Microsoft Business Central Licensing and how to choose the correct Cloud Bussiness Management ERP Software for your company. What is Microsoft Dynamcis 365 Business Central? Microsoft ..read more

The dreaded RFP or Request for Proposal. Software resellers hate them with a passion. Would-be purchasers spend way too much time and money, if employing outside consultants. And the results are often less than optimal. At its core, an RFP is a formal invitation extended by an organization to potential suppliers or service providers, soliciting detailed proposals for meeting a particular need. Whether it’s procuring goods, services, or initiating a partnership, an RFP is the initial step in the procurement process. It typically includes details such as the project scope, objectives, desired o ..read more

Retailers are always looking for ways to assist their customers and build their brands with payment options integrated into Dynamics BC. Convenient, safe, and innovative ways to pay for goods and services have become increasingly important to buyers, and that shows up in various new payment trends. Now that consumers are open to new technology and payment solutions, retailers must keep up with the demand. Shopping changed during the pandemic years. At one point, online shopping was the only reasonable alternative for many. According to a Visa study, almost three-quarters of consumers polled sa ..read more

Inflector Environmental Services, based in Ottawa, provides demolition and remediation services, dealing with hazardous materials like asbestos and lead. Operating in a specialized field with offices across Canada and multiple union affiliations, Inflector faced significant payroll management challenges. Their rapid growth and the complexity of their workforce requirements demanded a robust solution to handle their payroll needs. The Challenge: Legacy Payroll Solution Can’t Keep Up As Inflector Environmental Services expanded, their existing payroll system based on Sage 50 became increasingly ..read more

In today's complex business environment, financial executives face a myriad of challenges in managing and reporting financial data accurately and efficiently. From the daunting task of integrating disparate data across multiple business units to maintaining high standards of data quality and meeting strict reporting deadlines, the role of a CFO is more demanding than ever. This article explores eight common financial reporting challenges that organizations encounter as they scale and navigate mergers, high-volume transactions, and global operations. Additionally, we discuss how FYIsoft’s innov ..read more

Tax handling in an Enterprise Resource Planning system involves managing various aspects of taxation within the organization's financial processes. Below are the processes involved in setting up tax handling. Tax Configuration: ERP system allows configuring various tax zones, codes, rates, and rules according to the organization's location and its sales offering. This includes setting up sales tax, value-added tax (VAT), goods and services tax (GST), Harmonized Sales tax (HST), and other applicable taxes. Tax Calculation: The ERP system automatically calculates the appropriate taxes according ..read more

Microsoft launched Dynamics Navision, an ERP system, in 2003. Since its inception, it has been the sole answer for small and medium-sized businesses to streamline their processes and manage business on a single platform. Dynamics NAV helped businesses to automate repetitive tasks, mitigate risks, sales forecasting, manage plans & deliveries, manage inventories, scheduling, purchasing, eliminate departmental siloes, and improve efficiency and productivity across all operations. From supply chain management to finances, HR to logistics management, Dynamics NAV has covered everything to give ..read more

AI with GitHub Copilot will Revolutionize AL Development for Microsoft Dynamics 365 Business Central Addressing Application Language Development Challenges   Complexity of AL Extensions involves specialized knowledge and extensive coding to execute complex business logic and integrations. Repetitive Tasks Creating boilerplate code and managing common functionalities can be tedious and susceptible to errors. Maintaining Consistency It can be challenging to maintain consistent coding practices and naming conventions within a team. How Copilot for GitHub Empowers Application Language (AL ..read more

With Power BI, you can create rich, interactive data visualizations that can easily be embedded into applications for sharing and collaboration. We’ll walk you through how to quickly embed interactive Power BI reports into PowerPoint presentations, Business Central, Teams, and even websites. This means that anyone can create dynamic, data-driven storytelling that’s sure to impress your audience. Join us on 5/14/24 @ 2 pm ET for an educational, live webinar. All attendees will have access to the recording after the webinar. Enjoy content from TrinSoft's thought leaders, David Beaty and Collin S ..read more

Addressing key challenges One of the key challenges faced by Succeed IT's clients was the time-consuming task of maintaining accurate pricing and item information within Microsoft Dynamics 365 Business Central SaaS. Nowadays suppliers are updating their prices and catalogues almost bi-weekly. On top of that, suppliers use many different Excel formats to deliver this information to their distributors. To address these challenges, SucceedIT turned to Dynavision’s Advanced Item & Price Import app, recognizing its potential to facilitate and automate the import process of supplier Excel files ..read more