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Microsoft financial management solutions

Microsoft financial management solutions help you streamline accounting and payroll, automate reporting, stay compliant with local, state, and federal requirements, and improve grant management. Financial management solutions are based on Microsoft Dynamics GP, which works with and like the familiar Microsoft Office applications that many of your employees use every day.

Microsoft financial management solutions can free up staff time by streamlining functions, including:

• Core financials
• Student information systems
• Records management
• Fund accounting
• Human resources and payroll
• Accounts payable and receivable
• Grants management
• Alumni management systems
• Billing systems

Solving real-world challenges

Microsoft financial management solutions can help you address the challenges you face every day, such as:

• Complex regulations and reporting requirements
• Disconnected payroll, grants, tuition billing, and other financial systems that may each require mastery of different tools and applications
• Unreliable financial data, such as current encumbrances and accounts receivable

Key benefits

With Microsoft financial solutions, you can:

• Ease the pain of regulatory compliance and financial reporting. Make it easier to prepare accurate financial statements, help ensure compliance with GASB 34, and maintain a detailed chart of accounts.
• Master payroll and human resources challenges. Track employee contract start and end dates and manage a variety of compensation packages consistently and efficiently with a flexible payroll management solution.
• Perform interfund accounting with ease and accuracy. Reduce the challenges that come with transferring balances across accounts, including the increased chance of error and the staff time spent juggling manual entry and reconciliation processes.
• Save time and meet reporting requirements with control account management. Manage payables control accounts by segments, saving valuable time and gaining a detailed picture of your finances that lets you meet demanding reporting requirements.
• Ensure best budget utilization with encumbrance management. Keep your focus on using budgets effectively, rather than on tracking expenses and repeatedly checking to see whether you’ve exceeded limits. With Microsoft Dynamics GP encumbrance management features, you can proactively manage and adhere to budgets, streamline period-end reporting, and monitor encumbrances from any point in time.
• Track and manage commitments. Track online purchase requisitions as commitments with Microsoft Dynamics GP requisition management functionality. Web-based capabilities give you the flexibility to tighten budget controls without halting purchase order processes.
• Manage grants. Microsoft Dynamics GP grant management functionality lets you track the usage of grant funding and grant costs. And it can help ensure compliance with specific guidelines and regulations, improving your ability to qualify for additional grant funding.

Customer success case studies

University of Central Florida Athletics Association, Inc. uses Microsoft Dynamics GP 9.0 accounting software to simplify invoicing and deliver weekly budget reports to coaches.
University of Central Florida Athletics Association, Inc. (UCFAA) had difficulty tackling its sports-team accounting operations. Its DOS-based software was so inflexible that administrators couldn’t even adjust column widths in financial reports. Providing coaches with monthly budget reports was cumbersome and time consuming. With Microsoft Dynamics GP 9.0, UCFAA can quickly e-mail clear, detailed weekly budget reports to its coaches, and invoicing has become a breeze.

Next steps

• Find a partner that can help you implement a financial management solution
• Contact us to learn more about financial management solutions for your institution
• Try Microsoft Dynamics GP for 90 days
• Watch a demo: Microsoft Dynamics GP for education