Advanced cross-company

Microsoft Dynamics 365 for Finance & Operation as an ERP solution plays an important role to streamline the business processes by integrating across the organization and share critical information. There are many companies that consists of more than one legal entity. Performing one task or a process can easily be time consuming in itself but repeating it across all legal entities in the solution becomes repetitive and menial.

The Advanced cross-company solution mitigates the lead-time that is caused by repetition of these tasks. A set of cross-company functions and reports are created to run in the context of a Company group, instead of running the processes company by company. The user preforms the function only once, but the system executes it multiple times - once for each company in the Company group. If the function is a report, the (raw data) are displayed in forms instead of formatted report layouts (SSRS or other). Combined with the standard Excel export (from grid) this makes a powerful solution.

These are some of the functions that are made available to run cross-company

General ledger

Import general journals
Update period status
Update module access

Accounts payable

Import vendor journals
Vendor payment proposals
Approval workflow
Bank integration

Fixed assets

Create depreciation proposal

Tax

Settle and post sales tax

Accounts receivable

Import global customer journals
Create Sales orders, Free text invoices, and Recurring invoices
Post Sales orders, Free text invoices, and Recurring invoices
Generating customer payment proposals
Approving and posing payment proposals
Create collection letters
Create interest notes
Sending electronic invoices, collection letters and interest notes

Bank

Bank accounts
Balance control
Export and import of bank files in the ISO20022 format.

Advantages to organizations

Streamline business processes by automatization.
Integrate several standard processes.
Mitigate unnecessary workload for users.
Create customized and standard reports for several companies.
Run standard and customized job via batch for several companies.
Copy/Distribute parameters, setup and other data cross-company.
Add extensions or functions of your own, based on the same framework.

Efficiency at Its Best