Single-Family Office Gains Success with Dynamics 365 Business Central
A single-family office for a well-known family credited with launching one of the most iconic food brands in the world was using an outdated version of Microsoft Dynamics GP that was no longer supported by Microsoft.
This business was using Microsoft Dynamics GP to provide accounting, bookkeeping and operational services for themselves as well as to a number of other enterprises in different industries. Because their version of Microsoft Dynamics GP was so outdated, they were spending a lot of their time manually entering invoices.
This single-family office had been utilizing Microsoft Dynamics GP for many years, but had failed to upgrade their system, which caused them to be on a version of Microsoft Dynamics GP that Microsoft no longer supported. Because of this, this single-family office decided to migrate their accounting system to the Cloud, where updates would happen automatically.
Along with needing to be on a more current-version of accounting software, they were also having issues with their chart of accounts. The setup of the chart of accounts made transactions, revenues and liabilities more difficult to understand and made this client’s work more tedious.
With all of this in mind, The TM Group (TMG) recommended Microsoft Dynamics 365 Business Central. Click here to find out how TMG and Microsoft Dynamics 365 Business Central addressed this client’s needs and solved their tedious issues. Find out how this company is now on a better track to success.
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