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May 12th, 2023 6 min read
Employee salary calculation in SMART Payroll
Employee salary calculation in SMART Payroll
Transparency and comprehensibility of transactions relating to employee salaries is an important component of a successful business. However, as the company grows, the payroll process can become somewhat complex and resource-intensive. Moreover, the human factor often leads to errors, which entails the imposition of fines on the company. Modern payroll software allows not only to simplify processes and avoid errors, but also provide companies with new opportunities and enable them to be as flexible as possible in payroll matters. In this article, we will talk about the capabilities of SMART Payroll, as well as share interesting cases on payroll in the system. The article will be useful both for those who are looking for a system of accounting, accrual and payroll for the first time, and fo...
May 9th, 2023 4 min read
New data analysis feature in Business Central
New data analysis feature in Business Central
In the first wave of updates in 2023, Business Central got a powerful new feature that allows you to analyze data right in the system. Now end users and analysts, instead of opening an Excel page, generating a report, transferring data to Power BI or other third-party analytical systems, will be able to work with data in a single Business Central window. Read more about the new feature, its capabilities and settings in this article. How it works Analysis mode is a new way to interact with data on list pages. This is very similar to Excel, which is built right into Business Central. Now, to analyze information, you can simply add a few tabs that provide for the presence of data. For example, the My Customers, Tracked Items, New Vendors, Sales Statistics, or other tabs. To start analyzing da...
December 22nd, 2022 3 min read
Why upgrade to new versions of Business Central? Talking about the simplicity and importance of upgrading
Why upgrade to new versions of Business Central? Talking about the simplicity and importance of upgrading
Many people, especially people who have been using the system for a long time, associate an ERP system upgrade to a new version with a complex, exhausting and resource-intensive process. It may have been so in the past, but not today. In this material, we’ll explain what has changed and why upgrading Microsoft Dynamics 365 Business Central is not only easy, but also necessary. Upgrading is no longer difficult To dispel the myth about the complexity of the upgrade process, let’s take a look into the past. 20 years ago, the architecture of Navision (currently Business Central) was based on customizing code development, that is, it assumed the ability to change the base code to fit your needs. On the one hand, this was convenient and promoted flexibility, but when it came to upgrading to a ne...
November 29th, 2022 4 min read
DIRECTION EMEA 2022: major updates, new features and development paths for Business Central
DIRECTION EMEA 2022: major updates, new features and development paths for Business Central
Recently, one of the most large-scale conferences Microsoft DIRECTIONS EMEA 2022 took place. This is an event where Microsoft partners from all over the world meet to learn and discuss new opportunities and ways to further develop Microsoft Dynamics 365 Business Central. The event this year was held in Hamburg, and traditionally, our specialists were among the 3,000 participants. In parallel with the fact that we have already begun to implement new approaches and ideas from the conference, we decided to share with you the main topics discussed at the event. About opportunities for small and medium businesses “SMB is the fastest growing segment in Microsoft’s business application portfolio. Dynamics 365 Business Cental’s SMB customer base has increased by 60% over the past year,” said Micro...
November 11th, 2022 4 min read
Using Business Central? 7 reasons to consider SmartPoint DMS for work with documents
Using Business Central? 7 reasons to consider SmartPoint DMS for work with documents
To reduce storage volumes and work conveniently when coordinating or updating documents, Microsoft Dynamics 365 Business Central can be supplemented with a solution designed for document management processes – SmartPoint DMS. SmartPoint DMS is a document management process automation system based on Microsoft platforms and technologies. The system includes a set of tools for monitoring, managing and storing various types of documents, maximizing the efficiency of each business process. Each document has a unique card and the ability to attach one or more files. Benefits of integrating an ERP system with SmartPoint DMS Company growth is accompanied by an increase in the number of processes related to documentation. A significant share of them falls on the ERP system. Agreements, acts, invoi...
September 20th, 2022 2 min read
About our partnership with YouControl and new features of Business Central
About our partnership with YouControl and new features of Business Central
Friends, we’ve got some good news! Microsoft Dynamics 365 Business Central now has the ability to check counterparties and monitor their changes. This happened thanks to our partnership with YouControl. This is an online service that collects complete information about Ukrainian companies and the changes taking place in them. By checking counterparties with YouControl, you will protect your company from legal sanctions, reputational losses, financial losses, corruption scandals and corporate raids. So we, as a company that nurtures transparency and business process organization, and YouControl, who are in favor of honest communication with counterparties, united and created a common product. The new application that integrates with Business Central is called SMART Partner Clarity and provi...
August 8th, 2022 5 min read
The principle of audit trail. Business transparency as a key to its growth
The principle of audit trail. Business transparency as a key to its growth
Now we are at the point of important changes concerning both each individual and the state as a whole. Business is no exception. Ukrainian companies are at the stage of searching for new opportunities for development and scaling. Increasing attention is paid to optimization of management processes, planning and implementation of European best business practices. It is important to remember: the sooner the owners or managers of companies begin the gradual process transformation, the higher their chance of finding “their place” in the progressive business field. Business transformation should begin with ensuring its transparency. Therefore, in this article we will talk about the principle of audit trail and why your accounting system needs it if you plan to enter the EU economic space. What...
July 27th, 2022 7 min read
How the cost of ERP is formed and what you need to know when choosing a system
How the cost of ERP is formed and what you need to know when choosing a system
A resource planning (ERP) system is an important business automation tool that helps streamline business functions and make them more transparent and controllable. In a dynamic marketplace, ERP helps companies quickly respond to changes and make strategic decisions based on accurate analytical data. After recognizing the need for ERP, the next logical question is its cost. Buying a system that will store the most important component of your business – that is information – is a serious step that requires a detailed and thorough analysis. And the cost of such a system is closely related to its value to specifically your business. So the question “How much does an ERP cost?” involves many aspects and requires a deeper analysis. This is somewhat like buying a new house, the price of which dep...
July 11th, 2022 2 min read
SMART business Georgia provides full digitization of PSP warehouse with SMART WMS implementation
SMART business Georgia provides full digitization of PSP warehouse with SMART WMS implementation
The article provides a translation of material from commersant.ge into English. Brief information PSP is the first distributor of European medicines in Georgia, which started its work in 1994. More than 2 million customers choose PSP every month as their family pharmacy. About 220 PSP pharmacies are located in almost every region of Georgia and in every district of Tbilisi. SMART WMS is a solution based on Microsoft Dynamics 365 Business Central that allows you to optimize and automate warehouse management processes. SMART WMS is part of SMART Distribution. After merging the two PSP distribution warehouses, the distributor’s main challenge was to fully automate warehouse processes. PSP set itself two main tasks: to optimize working time and item serial control. SMART WMS ensures that wareh...
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