Category Archives: Software Evaluation

The Definitive Guide to Microsoft Cloud ERP and Its Powerful Tools



Microsoft’s new cloud ERP, Dynamics 365 Business Central (based on Dynamics NAV), is not a stand-alone ERP and accounting system. Being a part of the Dynamics 365 family, it is highly integrated with the Microsoft software you already use, i.e., Office 365 (Outlook, Excel, Word, Sharepoint). For example, is how you can view Business Central in a companion window without leaving Outlook.

Moreover, Business Central integrates with and compliments a collection of powerful Microsoft tools, including Power BI Dashboards and Reporting, Microsoft Flow for creating workflows, and PowerApps for non-developer application creation.

When you consider the Microsoft AppSource store, which lists all extension software integrated with Business Central in one place, you can see the potential for building a seamless cloud ERP solution that meets the specific requirements of your organization.

What’s the best way to familiarize yourself with the capabilities of Business Central and these other Microsoft tools? Download Synergy Business Solutions’ new definitive guide:

Microsoft Dynamics 365 Business Central Capability and Toolset Guide

ProjectPro – The Answer for Construction Firms That Value Microsoft Technologies

What is ProjectPro? A powerful extension to Dynamics 365 Business Central for project management and construction accounting.

What industries is it for? Designed for construction companies and manufacturers that also do installation/construction.

What does it deliver? The ProjectPro solution integrates all of your critical project accounting, job quoting, project management, labor and equipment resource management, subcontract management, job material planning and customer relationships all in one database so users can easily handle their business roles and responsibilities.

What difference will it bring? ProjectPro will strengthen control of your organization’s projects. With integrated data, intelligent transaction processing, and robust analytical and reporting capabilities, you can reduce the time and effort it takes to access meaningful information necessary to make good business decisions.

Who is the publisher? ProjectPro (Gemko) and Microsoft. They have the software, knowledge, and means to provide your business with the most powerful yet user-friendly construction accounting system available using the latest Microsoft technologies.

How can Synergy help you evaluate it? As a Microsoft Gold ERP partner and affiliate of ProjectPro, Synergy will provide the following services to help you evaluate ProjectPro’s and Dynamics 365 Business Central’s fit for your company:

  • Discovery phone call
  • Recommend specific modules and extensions and calculate your ROI
  • Provide preliminary pricing
  • Deliver you a custom demo that highlights solving your requirements
  • Help you compare them to other options
  • When appropriate, deliver a “Prove-before-you-purchase Prototype”
  • Contact Synergy today!

Brochure/Factsheets on ProjectPro and Dynamics 365 Business Central

Dynamics 365 Business Central and Outlook Integration!

In this mini demo, you’ll see how Microsoft Dynamics 365 Business Central integrates with Outlook and streamlines the Quote-to-Cash process. There are now two flavors of Dynamics 365 Business Central, a true, multi-tenant Cloud version and an on-premise version. Both solutions are based on the Dynamics NAV product that has been renamed “Dynamics 365 Business Central.”

After watching this mini demo, visit our Dynamics 365 Business Central web pages to learn more about the series of modules within the solution, including financial management, supply chain, inventory, warehousing, manufacturing, job management, and service.

Do a Quote-to-Cash Process Almost Entirely in Outlook:

 

Choose the Right ERP Solution AND the Right Implementation Partner

10 Characteristics of the Right Partner



Making a final decision on the right ERP accounting system for your company is only half the race. Without choosing the right implementation partner, companies risk a failed project without their business requirements met, no improved efficiency and real strategic long-term value, and poor ongoing support. Here are 10 ways the right implementation partner makes the difference getting you across the “success” finish line with the a medal. The right partner:

  1. Helps your thoroughly evaluate their solution and compare different systems
  2. Delivers a Prototype with your data so you see the software actually works before purchasing it
  3. Configures a system that meets all your exact critical requirements
  4. Empowers you, using their expertise to optimize your processes and work flow
  5. Helps you improve efficiency, productivity, and profitability, matching your predicted ROI
  6. Makes the “Go Live” date on time and within budget of original scope
  7. Has quality, attentive, responsive customer service and support
  8. Cares about you and is easy to work with
  9. Helps you upgrade or add additional functionality smoothly, on time, with minimal disruption
  10. Gives you expert guidance on future system decisions

To learn more about how critical choosing the right partner is, read what Synergy clients are saying:

Synergy Clients Speak Out on the Right Partner and Right Solution

When You Have More Exacting Reporting, Forecasting, and Budgeting Needs


Sometimes, Dynamics SL or NAV users have more exacting and comprehensive needs for Financial Reporting, Planning, Forecasting, and Budgeting beyond what a tool like Microsoft Forecaster delivers. That’s when Solver’s BI360, the self-service business intelligence suite, can come into play. BI360 offers modern, dynamic reporting, budgeting, and dashboards with out-of-the-box integrations to Dynamics SL or NAV.

Make Better Decisions Faster through Collaborative Reporting
BI360’s report writer offers groundbreaking collaborative functionality, allowing your managers to be alerted of major discrepancies, quickly access and analyze reports that reveal business issues or opportunities, and add questions or commentary directly with the reports to share new insights.

Produce Complete Budgets and Forecasts through Collaborative Planning
BI360’s budgeting module provides your organization with a complete data entry interface to capture strategies, goals, budgets, forecasts, and what-if scenario models. You can distribute ownership, so your team can access, review and share new insights into your budgeting activities, discuss and define strategic plans and targets, and then share these with the budget users.

Synergy and Solver did a webinar recently expressly for Dynamics SL or NAV users who need this extra functionality and are considering replacing Microsoft Forecaster. To evaluate whether this is a solution for your company to meet performance-driven reporting requirements, sign up here for the:

On-demand Webinar: Forecaster Replacement – Planning, Forecasting, & Reporting with BI360

Government Contractor Solves Their Top 3 Accounting-System Challenges

When NuScale Power realized their future meant getting into the federal market, they knew their existing accounting system (QuickBooks) was extremely problematic when it came to government compliance. In this interview, Controller Julie Adelman explains their top three accounting-system anxieties and how Dynamics SL easily solved them.

How to Eliminate Government Compliance Accounting-system Anxieties


Overcoming New-Accounting-System Fears

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.

How to Overcome New-Accounting-System Fears


Top 4 Ways an Accounting Software Partner Should Help You

When selecting a new ERP, financial management, and/or project accounting system, software is not the only consideration. It’s also important to choose a proven partner, that can help you through:

1 – Technical Support

Have experienced, and readily available consultants at their Help Desk.

2 – A Deep Consulting Bench

Have the expertise on their staff that can deliver you a successful implementation, custom development and reporting, training in the software, and process improvements that will make you more efficient.

3 – Becoming Part of the Software Community

Hold regular user group meetings, provide webinars on new releases and features, and get you plugged into national conferences.

4 – Commitment to the Product

Have a long-term commitment to the software, establish a long-term relationship with you, and be very involved with product development and the publisher.

To see how Synergy performs as an Accounting Software Partner read:
Client Testimonials

Case Study – Renal Ventures Enabled to Grow, Has Superior ROI on Intacct Software

ROI: 154%
Payback: 12 months
Ave. Annual Benefit: $163,412

In this case study, Nucleus Research (an independent technology evaluator) tracks the deployment of Intacct for Renal Ventures, a dialysis services company. Nucleus Research found the implementation of Intacct cloud accounting resulted in increased productivity, improved reporting visibility and accuracy, and better positioning for growth. “By using Intacct, Renal Ventures was able to grow significantly without a similar increase in accounting staff,” the report states. 

With new streamlined processes, one centralized chart of accounts for all their clinics (rather than needing several databases when they were on QuickBooks), free accessibility regardless of physical location, and other benefits, Renal Ventures realized a superior ROI (154%), paying back their software and services expenditures in one year with an average annual benefit of $163,412! These numbers are a direct result of Intacct enabling them to increase both their executives’ and accounting-team’s productivity and avoiding new hires in finance despite an increase in work. 

To learn the details of Renal Venture’s major challenges, strategy, key benefits from Intacct, and how Nucleus Research calculated the ROI, download the full Intacct/Renal Ventures ROI Case Study.

Intacct ROI Case Study – Canto Realizes Stellar Results

ROI: 91%
Payback: 8 months
Average Annual Benefit: $47,039

woman_ps_firm2We at Synergy, often speak of the strategic value a company should derive from a new financial management and project accounting system. Beyond tactical value—changes like new functionality and integration—new software should deliver improved productivity, reduced operational costs, a good Return on Investment (ROI), increased customer satisfaction, and capability for growth, among other benefits.

In this case study, Nucleus Research (an independent technology evaluator) tracks Canto’s (a technical professional services firm) deployment of Intacct cloud accounting to replace its existing on-premise ERP solution. The results? Canto realized a superior ROI, payback of their software and services expenditures in only 8 months, and an average annual benefit of $47,039! These numbers are a direct result of Intacct enabling them to reduce IT costs, increase revenue recognition efficiency, increase productivity of employees, and improve data management.

To learn the details of Canto’s major challenges, key benefits from Intacct, and how Nucleus Research calculated the ROI, download the full Intacct/Canto ROI Case Study.

Keep in mind, this still doesn’t quantify the full benefits. As the report states, “Not quantified was the additional benefit Canto received from having better management visibility into current operational data for decision making.”