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July 16th, 2024 10 min read
Modern IT Ecosystem: how to identify the target growth point of your business
Modern IT Ecosystem: how to identify the target growth point of your business
On June 14, the SMART business team at a large-scale showroom of Ukrainian software SVOE.IT demonstrated a pool of its own solutions based on AI and modern Microsoft technologies for effective management of business processes. The event was set up last fall and is an initiative of Ukrainian IT companies aiming at popularizing Ukrainian software and refusing from russian software products. Volodymyr Bielov, Country Manager Ukraine in Giga Cloud, a strategic partner of the event, noted in his opening speech: “The choice of Ukrainian software is a self-investment. This is an investment in the reliability, safety and technology of business, because dozens of high-quality solutions that meet business needs have already been created in Ukraine and are in demand around the world.” This year’s ini...
July 9th, 2024 4 min read AppSource
Release of SMART Localization for Poland – a powerful solution for business management in Poland
Release of SMART Localization for Poland – a powerful solution for business management in Poland
SMART business continues to expand the capabilities of the Microsoft Dynamics 365 Business Central ERP system, which makes it possible to implement and automate business processes of production, logistics, trade, retail and other companies from different fields of activity. For 15 years, the SMART business team has been developing, localizing and implementing its own solutions based on advanced Microsoft technologies. The company’s experts are aware of the intricacies of doing business in more than 60 countries and continue to adapt their acquired experience to a wider range of regions. The new SMART Localization for Poland solution is a comprehensive tool that complements the ERP system with additional functionality for maintaining financial re...
May 27th, 2024 3 min read AppSource
SMART WHT: An effective solution for quick withholding tax calculation
SMART WHT: An effective solution for quick withholding tax calculation
Every organization is interested in optimizing its financial processes. At the same time, accountants often spend a lot of time for calculation of witholding tax (WHT) and preparing witholding Tax declarations. SMART WHT can put an end to this routine. This effective solution allows organizations quickly, flexibly, and accurately calculate WHT in accordance with the local tax code of a particular country, and easily create appropriate Tax declarations directly from Business Central. SMART WHT is a universal solution that is ready for use in any country. The only difference is that its localized versions have declarations that are customized to local requirements and comply with the regulatory form of a given country. For example, we have implemented localizations for Georgia and Azerbaijan...
April 29th, 2024 10 min read
Payroll Academy from SMART business provides effective tools and skills to optimize HR and Payroll processes
Payroll Academy from SMART business provides effective tools and skills to optimize HR and Payroll processes
The Earth moves around its axis at a speed of 1,670 kilometers per hour, preventing life processes from stopping, but the modern world in which we live is much faster. It accelerates rapidly every day, and successful people move at the same pace with it, but only the leaders are ahead of it. Therefore, to go in tandem with the present, it is necessary to own and skillfully operate innovative knowledge and tools. Therefore, the Online Academy from SMART business, which is one of the leaders in digitalization not only in Ukraine, but also in the world, has set itself the goal of sharing its invaluable experience and skills that are relevant for doing business – one of the key drivers of the modern world. For more than 15 years, SMART business has been helping companies develop, implement, an...
February 21st, 2024 2 min read
SMART Payroll for Azerbaijan – for easy and efficient HR and Payroll processes
SMART Payroll for Azerbaijan – for easy and efficient HR and Payroll processes
Built on Microsoft Dynamics 365 Business Central, SMART Payroll for Azerbaijan significantly improves efficiency and speeds up HR and Payroll processes in accordance with current labor standards under Azerbaijani tax laws. Functional capabilities: Easy management of labor contracts, Control of employees, payees, and persons, Work with Positions and creating a Staff List, Time tracking, absence orders, Vacation schedule, vacation balance, vacation reserve, Printed forms of HR orders, Monthly payroll, calculation of advances, Generation and export of payroll and tax payments, Generation of standard reports, pay sheets, certificates, management reports, Creation and export to XLSX of regulated reports, annexes to declarations, statistical reporting. Benefits: Azerbaijani interface language, P...
February 20th, 2024 2 min read
SMART Payroll for Georgia: make HR and Payroll processes easy, accurate and efficient
SMART Payroll for Georgia: make HR and Payroll processes easy, accurate and efficient
SMART Payroll for Georgia is an effective solution for HR and Payroll processes in accordance with current labor standards and the requirements of Georgian tax legislation. It is built on Microsoft Dynamics 365 Business Central and greatly simplifies HR processes. Functional capabilities: Convenient management of labor contracts, Ability to work with employees, payees, and persons, Setting up Positions and creating a Staff List, Time tracking, absence orders, Control of the vacation schedule, vacation balance, vacation reserve, Creation of printed forms of HR orders, Monthly payroll, calculation of advances, Tax calculation according to the payment date, Available methods for accrual and/or calculating taxes payable, Generation and export of payroll and tax payments, Generation of standard...
February 20th, 2024 2 min read
Increase the efficiency of HR and Payroll processes with SMART Payroll for Ukraine
Increase the efficiency of HR and Payroll processes with SMART Payroll for Ukraine
SMART Payroll for Ukraine is an innovative solution based on Microsoft Dynamics 365 Business Central for convenient HR and Payroll processes in accordance with current labor standards and the requirements of the tax legislation of Ukraine. Functional capabilities: Maintaining labor contracts, Work with employees, payees, and persons, Creation of Positions and generating a Staff List, Time tracking; absence orders, Work with the vacation schedule, vacation balance, vacation reserve, Generation of printed forms of HR orders, Monthly payroll, calculation of advances, Generation and export of payroll and tax payments, Generation of standard reports, pay sheets, certificates, management reports, Creation and export to XML of regulated reports, Tax calculation of income amounts with annexes, Sta...
January 30th, 2024 17 min read
How to implement an ERP system with maximum benefit for business?
How to implement an ERP system with maximum benefit for business?
Before implementing an ERP system, you should know in advance about the nuances of this process and the pitfalls that may befall you along the way. Our experts talk about the main difficulties companies face and the mistakes they most often make. They also advise how to minimize errors and, as a result, get the maximum benefit from implementation. What is ERP? This is a system that allows you to automate and combine all key business processes of an enterprise on one platform. Accounting, finance, marketing, sales, production, purchasing, warehouses – all parts of the organization are aligned, obeying the logic established in the system and using a universal database. All this has a positive impact on the interaction between departments, the efficiency of processes and, as a result, on fina...
November 22nd, 2023 2 min read AppSource
Release of SMART Localization for Cyprus
Release of SMART Localization for Cyprus
Introducing SMART Localization for Cyprus, a SaaS product that extends the core functionality of Business Central to automate standard tasks associated with operating and managing a business in Cyprus. The solution is developed taking into account local accounting features and legal requirements. SMART Localization for Cyprus can be useful for both public and commercial companies. How does it work? SMART Localization for Cyprus is based on Microsoft Dynamics 365 Business Central. The primary goal is to automate the recalculations and adjustments of VAT transactions based on the customs exchange rates in compliance with local regulations, as well as to facilitate the generation of VAT declarations. Product’s functionality makes it possible to build more automated, easily controlled and veri...
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