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Striking The Right Balance Between Running Your Business And Managing Financials

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Business owners and managers of small and medium-sized businesses are often torn between managing day-to-day operations and analyzing financial reports. You need to keep up with customers and make sure that your products or services are meeting their needs; however, you also need to make sure that your efforts are profitable.  You can run your business and manage financials, and be productive with both priorities, when you use an enterprise resource planning (ERP) solution.

For many business owners, it may seem like there is never enough time in the day to meet with customers, check on the quality of your products or services, and analyze the reports that show whether the business is on the right track. Bouncing between customers and business operations can be stressful and inefficient, especially when you rely on entry-level or multiple specialty software programs.  Streamline business operations with a more efficient ERP solution and you can improve your productivity and be confident that your business is heading in the right direction.

An integrated ERP solution, such as Microsoft Dynamics® GP, can improve efficiency throughout your business.  You can manage all of your operations from this single solution, including financials, supply chain and inventory, manufacturing and distribution operations, human resources and payroll, and other core business processes.  Entering data once into one solution will save valuable time and protect the integrity of your data.  The data you enter can be shared throughout the system and used by your team for different needs.  For example, customer data can be entered once and you can reference account details for historical or current orders and preferences.  As orders are entered, inventory can be updated so that you know how much inventory is available for sale and when you need to place replenishment orders.  Proposals or purchase order details can be used to create invoices and financial statements.  Microsoft Dynamics GP also offers powerful business intelligence that you can use to be confident that your people and operations are profitable, customers are satisfied, and you are on the right path toward reaching strategic goals.

You don’t need to bounce between software programs and customers anymore. Contact MIBAR.net for guidance with striking the right balance between running your business and managing financials with ERP.

By MIBAR.net, Long Island, New York, Microsoft Dynamics ERP Partner

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