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Financials
Parity integration with Microsoft Dynamics™ GP is a strategic solution for our clients, which links the power of the Parity Food Enterprise with Microsoft’s vast, ongoing investment in an ecosystem that extends to Microsoft Office™, SQL Server, CRM and a growing community of integrated solutions. This highly configurable accounting software offers an extensive array of reporting and accounting capabilities that can be tailored to the needs of almost any company.
The Parity accounting rules engine drives financial integration with configurable rules and business logic. Accounting for business operations is fully automated, consistent and backed by a clear and secure audit trail. Microsoft Dynamics GP uses similar business logic along with an array of reporting tools that gives authorized users easy access to financial information.
For companies with either simple or complex structures, Parity with MS Dynamics™ GP reduces the transactional load on your accounting team while increasing their ability to monitor, audit, and analyze the financial side of your business. Your accounting team will enjoy the benefits of an automated accounting process working with a leading, mainstream financial suite backed by Microsoft.
Microsoft Dynamics GP Microsoft Dynamics GP™ helps you track, manage, and analyze financial information in the way best suited to your business. Tools and accounting structures can be adjusted to best serve your needs. Provide roles-tailored experience. Through roles-tailored views and workflow, Microsoft Dynamics GP works with Microsoft Office SharePoint Server 2007 to make relevant information and actions easily accessible to people according to their needs. View information from throughout your business. Integrated functionality across financials provides you with the freedom you need to quickly investigate details as needed. Microsoft Dynamics GP provides drill-down and inquiry functions throughout so that needed information is always accessible. Handle multiple currencies. Microsoft Dynamics GP offers robust multicurrency support for international business. The Multicurrency Management module in Microsoft Dynamics GP extends the ability to complete financial transactions in numerous currencies across the entire solution. This allows your employees to manage financial statistics and accounting operations without having to worry about ever-changing exchange rates. Create and store customized queries. Microsoft Dynamics GP allows your employees to create and store an unlimited number of user-defined queries that save time, minimize effort, and help you understand your business according to the criteria that matter most. Increase efficiency of accounting tasks. Microsoft Dynamics GP frees your people to focus on work that adds value to your business. With a tightly integrated financial and supply chain solution that also works like and with Microsoft Office applications, you can manage your company's finances more efficiently. Close period-ending reports faster. Help save time and money, and achieve greater return-on-investment by incorporating data directly from one module to another, so your financial staff has the accurate information they need to validate figures and resolve problems. The General Ledger in Microsoft Dynamics GP also offers full audit control so your financial professionals can reduce transaction entry steps and increase accuracy by copying, voiding, deleting, and correcting transactions. Work with an intuitive, productivity-enhancing interface. Microsoft Dynamics GP also features an intuitive and productivity-enhancing interface. The new action pane in Microsoft Dynamics GP is a graphical, roles-tailored command bar inspired by the Ribbon feature in the 2007 Microsoft Office system and appears across all navigation lists. Staff can preview and filter details for lists and then perform actions against multiple selected records without opening new windows. Provide online access. Reduce paper waste and repetitive manual data entry by moving routine accounting tasks online with the eBanking and eExpense modules in Microsoft Dynamics GP. For example, you can eliminate paper receipts with eExpense, which allows employees to create and submit expense reports any time, from anywhere they have access to a Web browser. Automate routine tasks. Increased automation in Microsoft Dynamics GP allows your employees to focus their energies on mission-critical issues and minimize time spent on routine tasks. For example, Microsoft Dynamics GP works with Microsoft Office Word and Microsoft Office Outlook to automatically generate collection letters, statements, invoices, and e-mail notices. Gain insight to make informed decisions. Get the answers you and your employees need to make better business decisions with comprehensive reports and easy-to-use inquiry tools in Microsoft Dynamics GP. Easily access customer information. Comprehensive customer tracking—including detailed account information, history, and notes—in Microsoft Dynamics GP helps your employees answer customer questions promptly and accurately. Set up automated notifications. Automated notifications in Microsoft Dynamics GP keep you abreast of the latest updates on accounts and financial triggers so you can take quick action. Drill down to details. Microsoft Dynamics GP incorporates data from across your operation so you have quick access to complete information—you can see the big picture and drill down to details on any transaction. Take advantage of Microsoft Office Excel. Generate multi-level reports in Office Excel for easy manipulation, integration of non-accounting business data, and enhanced presentation. Microsoft Dynamics GP also works with the Office Excel PivotTable Creator so your people can use a familiar and effective analytical tool to derive important information from business data. Create and distribute informative reports. The Analytical Accounting module in Microsoft Dynamics GP allows you to analyze reports in multiple formats and from multiple angles, including by using user-defined transaction dimensions such as cost center, profit center, region, and hours. Improve timeliness of data with online access. Online functionality with e-banking improves access to critical decision-driving information, such as transaction information, so you can apply transactions to accounts when they occur. Organize data views. Focus on the financial data that you need to make better business decisions. Organize views by date, account, or other criteria to see pertinent information only. Improve security and control over your financial management Microsoft Dynamics GP offers a number of security and audit features to help you comply with government regulations and protect your financial information. Simplify audits by working from one database. Microsoft Dynamics GP utilizes the Microsoft SQL Server 2005 database so that you can present a consistent view of your finances to auditors. Take advantage of built-in internal controls. Microsoft Dynamics GP incorporates audit trails for the accountability and oversight required by Sarbanes-Oxley legislation. Also, Microsoft Dynamics GP provides enforced password expirations and secure password rules when implemented in a Windows Server 2003 domain using SQL Server 2005. Secure online functionality. Manage your electronic banking in a security-enhanced environment that includes increased protection through check comparison, easy exception handling, and automated transaction matching. Take advantage of automated workflow. With new workflow capabilities in Microsoft Office SharePoint Server 2007, you can more effectively control and automate approvals for payables and receivables in a secure and manageable manner.