Do you find your organization still dumping your numbers into Excel, frustrated that you can't understand results, create meaningful insights, and make strategic business decisions from your data?
Many finance professionals have dabbled in Microsoft Account Schedules but have not maximized this powerful feature in Dynamics 365 Business Central.
In this episode, our NVS experts share how you can use the best of both worlds, power up your processes with Account Schedules, and supercharge your financial reports to come out of your system accurately and fast.
Essential points covered in this episode:
✔️ 5-time Microsoft MVP and New View Strategies CEO Kerry Peters loves helping organizations drive great financial insights from those static numbers on their spreadsheets. She has helped many companies use account schedules to their advantage and master them as a powerful feature on the platform making data easy to comprehend.
✔️ Many of our clients love our Accounts Schedule classes. They become excited about financial reporting and leave the room with smiles after they appreciate the power of accounts schedules and how simple it is to use, helping them work faster and get accurate results.
✔️ So many financial professionals still manually create their reports on Excel every month. There are numerous reasons why people stop using their BC/NAV system and start putting their financials into Excel. Not many are familiar with account schedules and how they can comprehensively understand their financial data. They are frustrated that they can't understand results, create meaningful insights, and make strategic business decisions from their data.
✔️ Can you relate to CFO Bob's horror story and embarrassing professional moment? He made a mistake where he didn't link data correctly and reported some wrong numbers to the Board. He was also frustrated because he tried to delegate the financial reporting process to the team, but that got so complex that they couldn't get it done. Introducing the right way to use account schedules has allowed Bob and his team to develop accurate monthly reports.
✔️ Use account schedules as a research tool and stay ahead. When your people can learn going into Business Central and master the platform, they can look at data in real-time and get their questions answered when they need them and not have to wait until the end of the month to see the results.
✔️ Our consultants and trainers from New View Strategies have been worldwide experts and proponents of Account Schedules for the past 15 years. Every day, we come across Microsoft Dynamics Business Central or NAV users who are still unfamiliar and are missing out on the power of this tool.
If you're looking to set up account schedules and improve your financial reporting process, connect with us at New View and experience expertly detailed and hands-on exercises you can immediately use back in the office.
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Mark Rhodes has been involved with helping companies realize their potential through the integrated use of people, processes, and technology for a long time – let’s just decades and save you doing any math. His passion lies in helping to make others’ jobs easier. Before joining New View Strategies, Mark had the pleasure of serving the Business Central / NAV User Group community as General Manager, responsible for a wide range of content and education for its members. Prior to this, Mark served in several other roles at Dynamic Communities, including building the training program as the Director of the User Group Academies, and starting the CRM User Group as the first Director of that community. Joining New View Strategies represents a return to the consulting world, as he spent 15+ years providing strategic, process, technology, and organizational change assistance to companies of all sizes as a Senior Manager at Tribridge, Arthur Andersen, and Andersen Consulting.
Mark bleeds Orange and Blue, holding a Finance undergraduate degree and an MBA from the University of Florida. Mark now loves living in Colorado with his wife of 30 years, has two almost perfect children, and is thankful every day for his proximity to skiing, hiking, mountain views, and low humidity.
You can connect with Mark at https://www.linkedin.com/in/mark-rhodes-9702b1b or at @GatorRhodie.
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About Kerry Peters & New View Strategies:
Kerry Peters is the CEO of New View Strategies, a company known for solving mission-critical business problems and a straight-talking, experiential approach to training and process improvement for Microsoft Dynamics 365 Business Central and Dynamics NAV. Our relationships are long-term, and our clients report that they have boosted efficiency, solved business problems, and had fun in the process!
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