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9/9/2019
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Enterprise Resource Planning to the CloudSeptember 11, 2019
› Individuals• Participate in entire webinar• Answer polls when they are provided
› Groups• Group leader is the person who registered & logged on to the webinar• Answer polls when they are provided• Complete group attendance form • Group leader sign bottom of form• Submit group attendance form to [email protected] within 24 hours of webinar
› If all eligibility requirements are met, each participant will be emailed their CPE certificate within 15 business days of webinar
To Receive CPE Credit
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Presenters
Woody DavisBusiness Development ExecutiveBKD [email protected]
Brian SingletonSenior Managing ConsultantBKD [email protected]
Tim SparksSenior Managing ConsultantBKD [email protected]
Dennis JasonBusiness Development ExecutiveBKD [email protected]
› Describe the benefits & considerations of cloud-based ERP solutions
› Discuss strategies & techniques for evaluating cloud-based ERP solutions
› Identify available cloud-based ERP solutions
› Explain steps you can take today to start the process
Presentation Agenda
Today Considerations & Options Tomorrow
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› Upgrade cycle› Hardware cost & upkeep› Labor intensive month-end
close & reporting› Third-party report writers› “Manual” consolidations/rollups› Management has no direct
access to information
› Multientity transaction tracking› On-demand metrics do not exist› Remote access to purchasing
workflows› Document storage
Common On-Premise Challenges
The Cloud Impacts All of UsAs consumers & in business
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SaaS Accounting Software: Key BenefitsBest of class – to the masses
Rapid procurement
Ease of implementation
Lower cost of ownership
Each instance is configurable
Controls, business processes DRP, financial reporting
Simplified sales & demoProvision via the internet
No on-premises system/softwareSelf-guided implementation
No big CAPEX or IT dept. burden Pay as you grow
Single code base; version control Multitenant architecture
Simplicity of Support
Managed Services
Cost to Benefit
Disaster Recovery
Upgrades & Patches
Why Cloud?
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Considerations on the Path› Cost/benefit
• Subscription (services, software)• Cloud benefits
› Migration/implementation path• Data retention• Complexity
› Functionality• Available & road map
Considerations on the Path› Research
• Gartner Magic Quadrant• G2 Crowd
› Evaluate• Implementation partner qualifications• Proven methodology• Experience in industry
› Partnerships – best in class
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Dynamics GP on Azure(Multitenant or Private)
Dynamics 365 Business Central
Dynamics 365 Finance & Operations
Sage Intacct
Current Options
BKD Cloud Options Today
Sage Partnership
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BKD | Microsoft Partnership (20+ Years)
Finance & Operations
Business Central
Solver Partnership
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Microsoft Dynamics 365 Ecosystem
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Dynamics Business Central
Microsoft Dynamics OptionsDynamics Finance & Operations
Target 5–75 employees 150 + employees
Financials Full-featured Advanced, intercompanyInventory Very good single entity, single site Robust, multisite & allocation flexibility
Manufacturing Potential third party for some features Planning, scheduling, recipe & quality embedded, process & batch mfg.
Procurement PO + limited intercompany PO, intercompany, category/contract mgt.
Supply Chain Full-featured or through partner Embedded WMS, returns, quality nativeCRM Quotes, sales order, order mgt., price
mgt.Advanced price management, workflow, sales force automation, call center
Retail Through partner, in-process Merchandising, category, payment complianceInvestment $–$$ $$$–$$$$
Finance & Operations Overview
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› Pro/con• Full-featured functionality on one platform for those who need it• May be overkill for companies with straightforward business models
› Cost/benefit• Licensing cost range: $190–$210 per full user/month• Services cost structure
Finance & Operations Considerations
› Migration/implementation path• Complexity: simpler the better, but ERP is never easy• Timeline: nine to twelve months typical
› Functionality• Overlays Tier 1 manufacturing, planning, inventory/supply chain to
robust financials
Finance & Operations Considerations
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Business Central Overview
Automatic updates
• Continuous release cycle with semiannual upgrades
Quick & easy add-on customizations
• AppSource & user-based personalization
Business Central Strengths
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Safe & securely hosted in Azure Cloud
• Embedded security, privacy & more than 70 compliance offerings
Scalability when you need it
• Underlying Microsoft Dynamics Common Data Model
Business Central Strengths
Total cost of ownership• Hardware• Software• Personnel
Business Central Cost Benefits
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Pro/con
• Modern, unified, adaptable solution on one cloud-based platform (on-premises/dual deployment available)
• Web client & cloud are relatively new (early 2018); enhancements to match on-premises functionality on road map for 2019/2020
Cost/benefit
• Licensing cost range: $70 per essentials user/month—$100 per premium user/month—premium includes manufacturing
• Services cost structure
Business Central Considerations
Migration/implementation path
• Complexity – easy to configure; simplicity guides innovations in product design, development, implementation & usability
• Timeline: three to six months typical
Functionality
• Essentials: modern user-experience, financial, basic customer relationship, supply chain & project management
• Premium: above & service/manufacturing management• Payroll available as integrated third-party product
Business Central Considerations
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Sage Intacct Solution Map
CORE ACCOUNTINGCORE ACCOUNTING
General Ledger
Accounts Receivable
Accounts Payable
Cash Mgmt ConsolidationsSales/
Indirect TaxOpen
PaymentsFixed Assets
INFRASTRUCTUREPerformance, Scalability, Reliability, Security
INFRASTRUCTUREPerformance, Scalability, Reliability, Security
Software Wholesale/ Distribution NFP Health CarePST/Other
ServicesFinancial Services More …
INVENTORYINVENTORYQUOTE to CASHQUOTE to CASH
Rev RecTime &
Expense
Contracts
Inbound Payments
Billing
Order Mgmt
ProjectsCRM Int Inventory Mgmt
Warehouse Mgmt
Distribution Planning
PROCURE to PAYPROCURE to PAYBUDGETING & PLANNINGBUDGETING & PLANNING
Modeling
Budgeting
Forecasting
Spend Mgmt
Purchasing
Outbound Payments
FOUNDATIONFOUNDATION
Customize, Integrate, ExtendCustomize, Integrate, Extend
Customization/ Extensibility
Integration/ APIs, SDKs
Visibility & InsightVisibility & Insight
ReportsAnalytics/
BI
Streamlined UX & Intelligent AutomationStreamlined UX & Intelligent Automation
UI Framework
Admin/ Setup
Workflow & Approval
AI/Machine Learning
Dashboards
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Modern Cloud Financial Management Solution for Multientity Businesses
Continuous multientity
consolidations
Best-in-class modern cloud
platform
Multientity insight through dynamic
dashboards
Streamlined processes across
all entities
Multientity Insight Through Dynamic Dashboards
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Sage Intacct Features
› Remote access• Anywhere/anytime• IP lockdown an option
› Automatic upgrades with new features on a quarterly basis› Dimensional accounting = new reporting capabilities› Quicker month-end closing
Sage Intacct Features
› More entities + same number of accounting staff/less total hours needed = ROI & better work-life balance
• Less time on bookkeeping & report generation, more time on strategic initiatives
› KPIs generated by combination of traditional financial data & statistical accounts
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Sage Intacct Features
› Less Q&A with attached transactional documentation› Scalable: continued growth with little financial system setup time
required
Checklist to Success
› Get real• Evaluate current situation• Impact on staff $$
• Ideal solution $$
› Evaluation process• Assemble team• Research• Interview• Requirements
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WHAT NEXT?
› Tailored discussion• Focused on your specific
situation• Includes cost/benefit comparison
analysis› Formal cloud readiness
assessment• Holistic assessment of moving
business operations to the cloud • Readiness scoring &
recommendations
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BKD, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
The information contained in these slides is presented by professionals for your information only & is not to be considered as legal advice. Applying specific information to your situation requires careful consideration of facts & circumstances. Consult your BKD advisor or legal counsel before acting on any matters covered
CPE CREDIT
› CPE credit will be awarded upon verification of participant attendance; however, credits may vary depending on state guidelines
› For questions, concerns or comments regarding CPE credit, please email BKD Learning & Development Department at [email protected]
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bkd.com | @BKDLLP
The information contained in these slides is presented by professionals for your information only & is not to be considered as legal advice. Applying specific information to your situation requires careful consideration of facts & circumstances. Consult your BKD advisor or legal counsel before acting on any matters covered
Questions? Reach Out!
Woody DavisBusiness Development ExecutiveBKD [email protected]
Brian SingletonSenior Managing ConsultantBKD [email protected]
Tim SparksSenior Managing ConsultantBKD [email protected]
Dennis JasonBusiness Development ExecutiveBKD [email protected]
