Microsoft Dynamics 365 Business Edition is not a replacement for Dynamics SL, especially if you are a government contractor. With its powerful project accounting and government compliance capabilities, Dynamics SL is still the most powerful out-of-the-box Microsoft solution for project-based companies. Yet smaller companies, or ones that do not have complex project accounting, will find Dynamics 365 coupled with Progressus Project Accounting to be a powerful cloud-based alternative.
Cloud-based Microsoft Dynamics 365 Business Edition is a multi-currency business management solution that helps small-to-medium companies manage their accounting, finances, sales, and operations. With native integration with Office 365, it delivers a powerful integrated experience with the Microsoft software you already have. Moreover, for project-based companies, Dynamics 365 provides a platform for Progressus Project Accounting, a seamless integrated enhancement that enables effective and easy project setup, budgeting, tracking, time and expense, analytics, forecasting, and resource management.
Synergy has put together a tour of Microsoft Dynamics 365 (9 mini demos) for your convenience in each major area, as well as one demo of Progressus‘ professional services automation and project accounting. Demos include:
Financial Management – Bookkeeper and Accountants’ Roles
Project Management – Project Manager Role and Managing Jobs
Project Accounting – Budgets, Tracking, T&E, Analytics, and Resource Management
Purchasing – Procure to Pay
Inventory – Manage Your Inventory
Sales – Sales Management and Quote to Invoice
Executive Oversight – Business Health, Trends, and Opportunities
Sign up for the tour and see for yourself how Dynamics 365, with or without the advanced project accounting enhancement, might fit for your company.
With Progressus Software, there is now a powerful Microsoft cloud solution for small-to-mid size professional services and project-based businesses. Designed to leverage Microsoft Dynamics 365 and Microsoft Dynamics NAV, Progressus is a multi-language, multi-currency business management solution that empowers companies to more effectively manage their operations.
Progressus adds advanced project accounting and project management to the powerful financial management and basic project management functionality of Microsoft Dynamics 365/NAV to provide the most advanced business management solution for professional services and project-based businesses. It offers unique and powerful functionality in these areas:
Quick Project Setup
Project Resource Management
Project Monitoring and Analyzing
Project Cost Tracking
Remote Project Time & Expense Entry & Approval
Project Reporting, Analytics & Forecasting
Progressus is deployed on the Microsoft Cloud and customers can access their solution through role-based interfaces on their desktop, in a browser, or with a native mobile app on a tablet or mobile device. As a Dynamics 365-based solution, Progressus is rapidly deployed with minimal configuration. It also features native connectivity to Dynamics 365 Sales and Marketing and Microsoft PowerBI, for an even more comprehensive business solution.
Whether Progressus is installed with Dynamics 365 Business Edition or Dynamics NAV, it provides native integration with Microsoft Office 365. When your email, calendar, and files seamlessly come together with your data, reports and business processes you get an integrated experience that no other stand-alone project management or enterprise resource planning (ERP) solution can match.
Just considering a change to your project accounting and financial management system often results in having fears and anxieties. Will we be able to find and agree on the right solution? Will our implementing partner really listen to our needs? Will we find a good solution out of the box or will we need to do a lot of customizations? Can we continue business as usual, or will we need to make major adaptations? Will we be able to do financial reporting the way we need to without the hassle?
Rebecca Harrington, VP of Finance & Corporate Controller at Hydro Resources, shares how her company overcame their fears through good software and the expertise of their new software partner.
On June 16, 2014, Microsoft announced the formation of a special GovCon Alliance, a cross-section of Microsoft Dynamics partners with deep experience and understanding of the unique needs of government contractors. With our expertise in solving government-compliance issues with Dynamics SL for midsize companies (from 50 to 2,000 employees), Microsoft invited Synergy Business Solutions to join the Alliance.
The effort is part of a new phase in ours and other Dynamics partners’ ongoing effort to help contractors to the U.S. federal government operate more efficiently, respond more quickly to shifts in federal spending, and comply with a range of regulatory requirements, including those established by FAR, CAS, DCAA, and DCMA, as well as various other audits.
Synergy joins with Microsoft pursuing the guiding principle of this new phase: Compliance and Agility. You no longer have to choose one or the other. For example, Synergy’s solution, Dynamics SL, clearly boosts a project-based company’s or a make-to-order manufacturer’s business agility through its powerful project management and accounting modules. And for government contractors, it goes one large leap further. It easily handles indirect cost pools and rules-based allocations to projects and cost objectives. Or, as we like to say, it’s “Compliance Made Easier.”
To see specifics on what Synergy Business Solutions adds to this powerful Alliance, visit our Government Contractor Solutions pages, which are chock-full of resources, including an on-demand webinar, white paper, and colorful infographic.
CONVERGENCE 2014 | MARCH 4-7, 2014 | ATLANTA, GA | WORLD CONFERENCE CENTER
Convergence 2014 is the premier event bringing the entire Microsoft business community to life. It is where opportunity and innovation meet to deliver real business value and truly amazing customer experiences. It’s the chance to make key business connections and to discover the full potential of Microsoft Dynamics solutions.
Steve Toth, President of Synergy Business Solutions, is speaking at two sessions on Microsoft Dynamics SL, one on how Dynamics SL empowers users to easily handle federal government compliance and another on the power of budgeting in Dynamics SL.
Find out what’s possible with various types of project budgeting in Project Controller for Microsoft Dynamics SL. Understand options for direct budgeting versus budgeting by revisions and how the Project Budgeting module processes budget revisions of original budget, estimated budget, and forecasted budget at completion.
Do you use the Project module for government contracting? In this session, we will discuss how to utilize the capabilities of the General Ledger, Project Controller and Allocator modules to manage and allocate indirect costs to projects. Understand how to develop indirect rates, configure the Indirect Rate Calculator, use the new Close Project Year at Actual in Microsoft Dynamics SL 2011 FP1 feature, and configure the Government Contractor Reports.
At the Microsoft Dynamics SL User Group Conference in San Diego this year, I also had a chance to ask Kevin Sullivan, CFO of Vista Engineering Technologies, what problems their company has solved since the implementation of Dynamics SL. He shares breakthroughs eliminating manual accounting processes and project overruns, improving cash flow, managing employees’ time and expense on projects, increasing profitability, and passing government accounting-system audits.
Want to take the complexity out of complex projects? Need to integrate projects with financials? Join us at this webinar and learn about a simplified day-in-the-life of a project-driven company using a cloud-based system.
Wednesday, December 18, 2013 10:00 AM Pacific Time
Experts in project management and accounting will share automated cloud solutions and client stories. You’ll learn how to:
Gain control and insight throughout the entire life cycle of your projects from bidding to billing.
Use resources strategically, address risks, and tightly manage costs.
Boost project performance and profitability through tools that make you more knowledgable and efficient.
Empower project managers with information they need to deliver successful projects.
Empower executives to monitor projects and programs through customizable dashboards and indicators.
Enjoy easy access, flexibility, and scalability through an affordable SaaS model.
At this year’s Dynamics SL User Group Conference in San Diego, CA, I sat down with Misha Goloborodko and Julie Adelman to find out how Dynamics SL has empowered their organization. They shared breakthroughs in financial management, project accounting, and federal government contract compliance.
by Michael Camp
At our latest Dynamics SL user group in Seattle, I sat down with Tisha Cornwall, VP of Finance of Solutions IQ and asked her how Dynamics SL and Synergy has empowered their company.
In short, Solutions IQ needed a new project accounting and financial management system that could integrate their four existing systems into one and give them around the clock real-time visibility into their projects. In this video, Tisha explains how Dynamics SL and Synergy made it happen and how valuable their seven-year partnership with us is.