Challenges of the Digital Age and the Role of ERP Systems in Business Success

SMART Localization 1200 676 ENG+

Technological progress and emerging challenges demand complete automation of business operations. Systems based on outdated approaches are losing relevance as they fail to meet the requirements of the modern world, where technologies are evolving rapidly, and new products and business models are constantly being created. Consequently, the demand for entirely different systems is growing. In many countries, this transformation is happening gradually. Businesses are transitioning from traditional systems to modern, advanced solutions that offer not only software for accounting and reporting but also comprehensive systems to support the business as a whole.

What does this mean?

Modern businesses require new tools to tackle essential tasks and overcome challenges. Accounting is no longer a standalone concern; it is just one of many tasks that require full automation of business processes. To address these needs, SMART Localization was developed — a solution that not only incorporates localization based on the tax legislation of specific countries but also integrates the experience and best practices of businesses from various industries and countries.

This unique product combines the expertise of Microsoft, which offers the best practices in system design, financial reporting, and business process management, with the 15 years of experience SMART business has in creating localized solutions and automating business processes across various countries. Furthermore, the Georgian office of SMART business employs professionals with extensive knowledge of Georgian business operations, including the generation of financial reports and adherence to local tax requirements.

The consolidation of this wealth of knowledge and experience by the creators of SMART Localization has resulted in a product that not only addresses accounting and reporting needs but also introduces best practices developed by Microsoft and SMART business, based on their successes in numerous countries.

Our vision is simple: to offer businesses the most modern, flexible, and efficient tools that meet both local and global needs.

If you are ready for change, here are some of the benefits your business can achieve by implementing SMART Localization – solution powered by Business Central:

  1. Global Availability and Localization:
    The system, based on Microsoft Dynamics 365 Business Central, is available in multiple languages, including Georgian. It complies with international financial standards such as GDPR, IAS/IFRS, and SOX, ensuring adherence to global regulations. This fosters business transparency and enhances auditors’ confidence in the system and the organization.
  2. Integration with the Georgian Revenue Service Portal:
    The product fully complies with local tax and accounting requirements and seamlessly integrates with the country’s legislation. Additionally, the program automates processes such as expense generation, tax reporting, and financial reporting, saving companies significant time and resources.
  3. Seamless Integration with the Microsoft Ecosystem:
    SMART Localization easily integrates with SMART products and various Microsoft services such as Office 365, Power BI, and Teams. This integration boosts productivity and centralizes various business processes on a single platform.
  4. Cloud Management and Accessibility:
    The system’s cloud accessibility allows users to work from anywhere. It is capable of handling high workloads and presenting businesses on the international market while ensuring robust security through Microsoft’s infrastructure.
  5. Expandable Core Functionality:
    SMART Localization is designed to meet the needs of small and medium-sized enterprises, scaling as the business grows. Its modular structure allows for easy customization and system expansion.
  6. Artificial Intelligence and Analytics:
    Business Central includes advanced analytics and reporting capabilities, providing real-time analysis of business data. Integration with Power BI enables data visualization and informed decision-making, offering owners and managers reliable insights through artificial intelligence.
  7. Comprehensive Support:
    SMART business provides extensive support, including technical documentation, training resources, and other helpful materials.

SMART business Georgia aims to offer companies entirely new opportunities to enhance their competitiveness and take meaningful steps toward sustainable development. The tools developed by SMART business are not only effective but are also based on international best practices, meeting modern requirements. This empowers companies to grow quickly and achieve success both locally and in the global market.

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