Microsoft Great Plains PM: Payables Management – overview for consultant
by Vincent Ong
Alba Spectrum Technologies
1-866-528-0577, 1-630-961-5918
help@albaspectrum.com
Microsoft Business
Solutions Great Plains is marketed for mid-size companies as well as Navision
(which has very good positions in Europe and emerging markets
where it can be easily localized).
Great Plains Payables Management (PM) module
improves control over your payables. With easy access to comprehensive vendor information, payment scheduling and tracking, and
up-to-the minute answer to your cash flow status, this module allows you
to manage your expenses more effectively.
PM maximizes operational efficiency by
empowering employees with advanced search capabilities that provide quick and
easy access to the information they need. This module also simplifies expense
allocation like deferring payments or costs over multiple periods with automatically managed calculations and journal entries customized to fit your business
needs.
Features:
- Extensive Drill-Down
– Cross-module drill-down capabilities give you the ability
to locate the exact details you need.
- Comprehensive Vendor
Information – Streamline your
vendor information with vendor categories for consistent record maintenance
and comprehensive data, including addresses, shipping methods, default
purchase accounts, and user-defined information.
- Installment Management
– Automate your vendor
installment payments by creating schedules, calculating interest, amortizing
amounts, and forecasting the impact of variable interest rates, payment
amounts, and installment changes.
- Expenditure Control
– Manage expenditures with full control over check runs and
tracking of after-the-fact payments that use manual check entries, credit
cards, or cash for transactions.
- Control Account Management
– Manage your payables control
accounts by reporting segments, such as cost center, division, department,
program or fund, and display a breakdown by segment values of your central
control payables account. Eliminate the need to manually reconcile reporting
segments and get a true account of amounts owing by segment value.
- Automatic Posting
- Automate posting for each vendor to designated General Ledger accounts for
recurring transactions, or streamline distribution for vendors without
specified purchase accounts.
- Complete Payables Reporting
– Create a comprehensive suite of
payable reports that can be sorted by calendar or fiscal year with on-screen
display and search, or combine with Microsoft® Business Solutions–Great
Plains® applications such as Report Writer or Crystal Reports® for greater
reporting flexibility.
Good luck with
implementation, customization and integration and if you have issues or concerns
– we are here to help! If you want us to do the job - give us a call
1-630-961-5918 or 1-866-528-0577!
help@albaspectrum.com
Vincent is a Great Plains
specialist in
Alba Spectrum Technologies (
http://www.albaspectrum.com ) – USA nationwide Great Plains, Microsoft CRM
customization company, serving clients in Chicago, Houston, Atlanta, Phoenix, New York, Los Angeles, San Francisco, San Diego,
Miami, New Orleans, Toronto, Montreal
and having locations in multiple states and internationally