How to win at the financial efficiency game

How to win at the financial efficiency game

Alyssa Putzer from Metafile Information Systems outlines the benefits of document management 

Caspar Herzberg |

This article first appeared in the Summer 2017 issue of The Record.

Choosing an enterprise resource planning (ERP) solution to manage your financial operations, and integrate with existing applications like document management, is like trying to pick your team for dodgeball. You want someone you can count on to pull their weight, but also someone who is going to be a good team player and work well with the other members of your team. The same goes for your financial system implementation. Your document management system can’t function efficiently without a strong and cohesive team behind it.

That’s where Microsoft Dynamics 365 for Operations comes in. Microsoft’s premier cloud ERP offering provides business solutions for companies within the manufacturing, retail, finance and IT spaces, allowing organisations to work smarter and more efficiently in the cloud. Microsoft Dynamics 365 for Operations provides real-time data analytics and information that companies need to deliver financial insights and analyses to specific departments and senior leadership. In addition, it can simplify production processes and floor management in the manufacturing space, or help to deliver exceptional customer experiences within the retail space.

But, just as other financial solutions are not effective when used as standalone systems, Microsoft Dynamics 365 for Operations works best with a partner. A paperless document management/accounts payable automation solution, such as MetaViewer Paperless Automation, can be integrated with Microsoft Dynamics 365 for Operations so users can retrieve accounts ­payable-related information. Users can also approve, code and export vendor invoice and purchase order information directly to Microsoft Dynamics 365 for Operations. This eliminates manual data entry, streamlines accounts payable procedures, increases efficiency, improves visibility, decreases bottlenecks, provides real-time analytics and insight into financial information, and so much more. 

An added plus is that companies can start small and add on apps that integrate seamlessly with Microsoft Dynamics 365 for Operations as their technology team grows, or uncovers new needs that another solution can meet.

So, who do you want on your financial dodgeball team? Gather up a team with members that will play well together, as well as provide significant benefits on their own. A document management solution and Microsoft Dynamics 365 for Operations is a great way to start for a financial automation team that will provide your company with the tools it needs to run an effective and efficient financial department. 

Alyssa Putzer is a marketing specialist at Metafile Information Systems 


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