QuickBooks accounting software helps companies track income and expenses. Customers also use QuickBooks to manage payroll, track project costs, and forecast cash flows. Freelancers and SMBs are the top users of QuickBooks. You can purchase it as desktop software or buy the SaaS version based in the cloud. Companies can subscribe to a monthly plan or buy a yearly subscription, often at a discount.
QuickBooks does a lot to help companies move to a paperless process. Below are some details on various capabilities available within QuickBooks.
Dynamics 365 combines the benefits of an ERP and CRM into one platform. The current cloud version combines older versions of Dynamics AX and Dynamics CRM. Companies use Dynamics 365 to create a centralized location for dealing with business processes and workflows. The solution integrates easily with other products within the Microsoft family, like Office 365 and Azure.
Dynamics 365 Finance helps companies maximize profits and grow revenue, providing many of the benefits of QuickBooks. The business intelligence within Dynamics 365 helps companies with:
Many company departments, like sales, need information from accounting and vice versa. However, these business areas often work in different applications, making it challenging to sync up information. A company that uses Dynamics 365 for its sales module might need to tap into data stored in QuickBooks by accounting. That’s where it pays for organizations to invest in setting up a Dynamics 365 integration with QuickBooks.
Connecting Dynamics 365 with QuickBooks allows users of the Dynamics CRM functions to view accounting information of customers from that window. Knowing the purchase history of customers helps sales team members make better decisions on which customers to target for various deals.
After completing the sales process, you can send details to the QuickBooks system. Updates in one platform reflect immediately in another, eliminating the need to conduct ponderous data transfers daily. Everyone receives real-time access to the latest financial information for customers.
The marketing team can rely on a complete picture of their audience when developing campaigns to pull in more leads. Users can analyze the ROI achieved for each effort and see where there might be opportunities to target potentials.
Getting QuickBooks data through your Dynamics CRM helps company reps provide better customer service. You can create accounting dashboards that make it easy to track information on recent transactions, your top customers, and any pending invoices. That speeds up the flow of business throughout the organization.
Dynamics 365 is based in Azure, which means both applications benefit from its inherent security protections. Information remains protected as it moves between Dynamics 365 and QuickBooks. You can track threats like malware and set up reports to monitor the security and compliance features enabled for Dynamics 365.
Combining your chosen Dynamics 365 modules with QuickBooks allows you to build more complete business management solutions. It’s also easier for users to communicate with other business areas and coordinate on projects.
Internet eBusiness Solutions prides itself on the expert advice given to organizations looking to maximize the benefits of their current applications. We can help you optimize everything from warehouse management to customer service. With our help, you can stay on top of your financial performance while giving your employees everything needed to achieve business success.
If you’re interested in bringing IES on as your solutions partner, contact us today to set up a consultation.