Upload
blytheco
View
49
Download
2
Tags:
Embed Size (px)
Citation preview
www.blytheco.comwww.blytheco.com
Compare 3 Top
Accounting and
Operational SystemsWebinar 1:
Finance and Reporting Across 3 Solutions
Agenda
Intros
Why compare?
Solutions at a glance
Financial capabilities
Reporting capabilities
Where do they fit?
Next Steps and resources for today
Introductions
Alicia Anderson
Strategic Marketing
Atlanta, GA-based
19 years in ERP/CRM sales, service and marketing
Finance and Reporting Capabilities across 3 Major Solutions –
TODAY
Distribution Capabilities across 3 Major Solutions – October 14
Manufacturing Capabilities across 3 Major Solutions – November 11
Sign up here.
The Series
There are hundreds of solutions
Most of the buying process takes place online
It’s not so much about features – it’s more FIT
Why compare solutions?
Sage 100 MS Dynamics GP QuickBooks
Background Developed by/for CPAs Great Plains architecture, acquired by Microsoft
Single-office/home-officeorientation
Typical user count 10-50 25-500 1-10
Database Embedded database or SQL SQL Server Database Embedded database
Payment options One-time license, subscription, leasing/financing
One-time license, subscription, leasing/financing
License or online
Software costs $5k - $75k $25k - $250k $250 - $1000
Solution Expansion (CRM, Distribution, Manufacturing)
Yes Yes Limited
Mobile access Yes No No
Vendor focus Sage provides businesstechnology offered through
partner network
Microsoft offers consumer and business products
Intuit offers personal finance and small business products
Solutions at a Glance
System security
Traceability of transactions
Intercompany transactions
Tax filing
Workflows
Financial Capabilities
System Security
Sage 100 MS Dynamics GP QuickBooks
The average business loses 3 percent to 6 percent of annual revenue due to fraud. Internal and external threats, along with compliance
mandates, mean that access to any financial or operations system
should be carefully managed to minimize the risk of security breaches
and data loss or compromise.
QuickBooks
Roles Based Security -
Easier management and
deployment
Field level control -
Control access and
visibility of individual data
fields by user and/or user
groups
System Security
Sage 100 MS Dynamics GP
Roles Based Security.
Predefined roles built in.
Apply passwords or
block access to forms
and windows.
You can also apply
passwords to fields, hide,
lock, or disable fields.
You can add a user
without a password.
Roles can be deleted
irreversibly.
Can assign task specific
security
Having a complete history of any given financial transaction minimizes
risk. Critical accounting data, such as checks that have been written,
should not be able to be altered once entered into the system.
Traceability of transactions
Sage 100 MS Dynamics GP QuickBooks
QuickBooks
Track and report on
any changes to any
data fields and tables,
and document approval
of any changes.
Store and safeguard
historical compliance
and transaction
information.
Traceability of Transactions
Sage 100 MS Dynamics GP
Activity tracking to
record logins, record
access, changes to
files and posting, more.
Source document and
audit trail management.
Audit trail report tracks
changes, but does not
prevent them
Creating transactions in one company with the ability to simultaneously
create corresponding entries in other company databases ensures that
databases are kept properly balanced.
Intercompany Transactions
Sage 100 MS Dynamics GP QuickBooks
QuickBooks
Can have as many
companies as needed
in the system.
Intercompany
processing available as
a 3rd party
Intercompany Transactions
Sage 100 MS Dynamics GP
Intercompany module
available in GL and AP
only.
Professional Services
Tools Library includes
triggers that can be
enabled so that GL
Accounts, Customer
records, and Vendor
records can be
managed across
multiple companies
from a single data entry
point.
One company per
database file.
Users waste lots of
time by logging in and
out of each company
many times a day.
The ability to electronically file Federal and state tax filings for W-2s
and 1099s means less paperwork for you and faster documents for
employees.
Tax Filing
Sage 100 MS Dynamics GP QuickBooks
QuickBooks
You can complete W-
2s and 1099s with eFile
service.
Data autopopulates
into Sage eFiling and
Reporting.
Provides tax updates
for Fed, State, Local
Tax Filing
Sage 100 MS Dynamics GP
Can create electronic
file or use eFile service.
Provides tax updates
for Fed, State but not
local.
E-File available
Requires enhanced
Payroll subscription
The ability to provide structured steps, alerts and approvals of business
processes through workflows that can be modified to your unique
business needs means your processes are more accurate and
consistent and your team is more productive.
Workflows
Sage 100 MS Dynamics GP QuickBooks
QuickBooks
Monitors your ERP
data for critical, time-
sensitive conditions.
Comes with pre-
configured Alert Events
and Alert Condition
“Triggers”
Updates the system
with data and activities
Workflows
Sage 100 MS Dynamics GP
Assign tasks and
tracking status of tasks.
Setup reminders that
proactively inform you
when specific incidents
occur.
Reminders are defined
per user.
Available through many
third-party providers.
A good financial report writer is essential for any company that is
committed to growing into a mature, competitive organization.
Financial Reports
Sage 100 MS Dynamics GP QuickBooks
QuickBooks
Sage Intelligence is the
Excel-based FRx
replacement.
Customizable design
and Dashboard
reporting
Connects to modules
beyond GL and from
any ODBC source.
Financial Reports
Sage 100 MS Dynamics GP
Built-in legacy Report
Writer.
Management Reporter
replaced FRx.
Additional Excel-based
and cloud apps are
offered.
Web and mobile
deployment.
Comes with pre-built
financial reports.
Reports are inflexible.
Requires additional
software to customize
layouts/appearance.
Effective use of dashboards help business leaders keep an up-to-date
pulse of the business, provide a few key metrics, and enable more
informative decisions.
Dashboards and KPIs
Sage 100 MS Dynamics GP QuickBooks
QuickBooks
Wizard-driven Business
Insights to create
graphical reports
Web or Outlook
deployment.
Sage Intelligence gives
a real-time overview of
the overall health of
your business at a
glance.
Dashboards and KPIs
Sage 100 MS Dynamics GP
Build and modify charts
and graphs with
Business Analyzer.
Excel Report Builder
also available with 200
built in reports.
SQL server reporting is
an option with 250 built
in reports.
Business Portal for
sharing via Sharepoint
Available as 3rd party
Saas solution requiring
sync from QuickBooks.
Allows you to consolidate, report on, monitor, and analyze multiple
companies or functional divisions within your organization.
Multicompany Consolidation
Sage 100 MS Dynamics GP QuickBooks
QuickBooks
Sage Intelligence
enables multi-company
reports and
consolidations out of
the box.
Unlimited number of
company codes.
Predefined layouts or
use Wizards to define
new layouts
Multicompany Consolidation
Sage 100 MS Dynamics GP
Management Reporter
has multicompany
reports built in.
Use Smartlists to
combine companies
and slice and dice.
Available via 3rd party
solutions requiring sync
from QuickBooks.
Sage 100 MS Dynamics GP QuickBooks
Industry concentrations Distribution,Manufacturing
Services, Distribution Services, Retail
Technology orientation Stable platform, integration-ready, easily customized
Microsoft shop No integration or customization
Pre/Post-sales supportand service
Support and upgradesprovided
Support and upgrades provided
Some tech support included with purchase
Implementation assistance
Extensive partner network focused on business needs
Extensive developer-heavy partner network with Microsoft
Consultants are available
Solution emphasis Value and stability Ease of use and Microsoft-friendly
Cost-effective basic accounting
Where do they fit?
Capabilities are similar among many solutions
Understand the priorities for your business
Work with a partner who has many tools in the toolbox
In summary…
Resources for today’s class
Available on http://info.blytheco.com/compare-erp-resources
Copy of this presentation
Preparing for a change – “Are You Ready for Replatforming?” series
Build a Business Case
Evaluation Criteria tools
Cloud vs. On-Premise
More
How to know if you have outgrown Quickbooks?
Next Class…
• Distribution Capabilities across Four Major Solutions – October
14
• Manufacturing Capabilities across Four Major Solutions –
November 11
• Sign up here.