A chartered accounting institute in Australia struggled with standardizing accounting processes, implementing consistent financial controls across multiple branches, and integrating various banking systems.
Service
Implementation
Industry
Microsoft Dynamics 365
Location
Australia
Advanced automation and controls in a Chartered Accounting Institute
Business Scenario
Solution
The company chose to implement Microsoft Dynamics 365 Business Central for Financial Accounting, Student Management, Student Examination, Receivable and Payable Bank Integrations through inoday.
Results
- Improved Financial Management: Implementation resulted in a smooth account receivable process.
- Student Management Process: Large volumes of data were managed, and various reporting structures were created for data analysis.
- Student Management Process: Automation and calculation of various types of fixed assets with different types of accumulated and depreciation processes.
- Budgets and Investments: Customized models for Budget and Investment helped with Productive investment decisions and budget controls on various activities in the organization.
Automated workflow enhanced the top management ability to control the budget and Investment activities.