Three little letters that can save any sized company from a rut kpi
5 five steps to guarantee success in microsoft dynamics gp
1. FIVE STEPS TO GUARANTEE SUCCESS IN MICROSOFT DYNAMICS GP
Do you want to acquire the tools necessary to avoid issues and help you get
the most in Microsoft Dynamics GP?
Sometimes there are bottlenecks and data
errors that stem from weak processes
and human error. Following are five steps
that will help you maximize the value of
Microsoft Dynamics GP no matter what
size company you are in.
Implementation
First, you’ll need an implementation strategy that starts with a backlog of
project data. Without this step, you’re allowing for misinformation,
disorganization and increased possibility of failure of projects. Tip: This
important process of looking into the past and importing that data can be
smoothed out and managed by a Microsoft approved partner or VAR.
Education
After implementation, you must provide direction for the new system. Don’t
just expect new behavior simply because you’ve installed new software. Have
your team attend management-led seminars or hire outside tutors.
Universality
All necessary data relating to project accounting must be accessible from
within Dynamics GP. If your team finds it difficult to get that information, they
may circumvent the system resulting in inaccuracies. Fortunately, Microsoft
has a plug-in strategy for more advanced third-party software options.
Visibility
Create tiered and targeted visibility protocols within your system to
guarantee the right people have access to the right information at all times.
Too often, management will attempt to access data within Dynamics GP, only
2. to discover that the information they need is buried. Creating role-based
views makes it easier to make informed decisions from clear, coherent data.
Accountability
Your project accounting system should incorporate an accountability
structure to promote adherence to goals and assigned processes. To help with
sticking wtih goals, management should set forth defined key performance
indicators that can be measured with data-driven metrics. Pick on or two
KPI’s, assign them to employees that have direct influence over them, and
check in often to see how they’re coming along.
In this modern business climate, every company has access to tools that will
promote long-term success. Use them wisely and you will be able to gain and
maintain a strategic advantage that will last for the lifetime of your company.
We also have a thorough white paper version of this content if you’d like to
dive a little deeper. Check it out and let us know your thoughts!
Reference Link: http://journyx.com/node/2108