Blogs

Dynamics 365 Price Increases are Coming; What you need to know and how to prepare. Microsoft has announced a price increase for many of its Dynamics 365 ERP and CRM modules beginning on October 1, 2024. This increase marks the first for users in more than five years.  While price increases pose a challenge, they…

Data is the driver of most modern businesses and that means data integration and data migration need to be a well-established, seamless processes — whether data is migrating from one repository to another or moving your data to the Cloud. The migration of data as part of enterprise systems migration projects can turn into a…

Dynamics 365 for Finance and Operations Vendor invoice marked for payment by another user Microsoft Dynamics 365 for Finance gives you the ability to select vendor invoices via the payment proposal/settle transactions in the vendor payment journal. When there are multiple payable users making vendor payments, two users should not be double paying an invoice,…

Deciding on an Inventory Valuation Methodology in Dynamics 365   As you migrate to a new system it might be time to re-evaluate your inventory valuation methodology. Here are some things to consider when you decided if you should leverage Standard Cost or a form of Actual Cost. Please note there are multiple variations to…

Boss, I think they’ve got us surrounded   Procurement is often challenging enough in conventional supply chain organisations, but in organisations that are primarily project-oriented, this challenge is amplified. Many items are one-offs exclusive to the project. Many materials bypass the receiving dock and ship directly to the job site. The requests can come in…

In this post, we will navigate the process of creating a Project Invoice Proposal in Microsoft Dynamics 365 Finance. The purpose of creating an invoice proposal is to allow a review process of the proposed invoice details before you post the invoice and send to the customer. This feature is helpful because it enables accounting team…

Does your company have trouble managing information? Is information management a pain-point for you? Can you turn your information in Knowledge and use that Knowledge to make wise business decisions? That daily struggle to manage knowledge is ever-present. It happens in every company and organisation in the world. The drag on efficiency and effectiveness is…

What is the Microsoft Unified Interface? The Unified Interface is the name that Microsoft has given to the latest revision of the user interface for CE. As the name suggests one of the primary drivers for this revamp is the need to provide a consistent look and feel for CE across all form factors and…

Introduction An external catalogue is an exciting feature of Microsoft Dynamics 365 Finance and Operation to help buyers create purchase requisitions. External catalogues for e-procurement provide the ability for a buyer to “punch-out” to a supplier’s website, shop for products using their interface, and export their shopping cart back into Dynamics 365. This allows for…

How to manage Vendor Retention for Subcontractors with SIS Construct365 Project Cost Management –Microsoft Dynamics 365 for Finance & Operations   If you’ve worked in the construction industry, you’ll know that subcontractors often play an integral part in completing a project. Due to many reasons, they may frequently be hired to carry out a portion…

Microsoft Dynamics 365 Payroll Tips & Tricks for Benefits – Maintaining Benefits Welcome to Part 4 of our Tips & Tricks Blog Series for Microsoft Dynamics 365 Finance: Part 1 – Finance Tips & Tricks for General LedgerPart 2 – Tips & Tricks for Fixed Assets – Asset Location & LendingPart 3 – Payroll Tips & Tricks for Benefits – Creating…

Benefits of ERP in Construction & the SIS Advantage Enterprise resource planning (ERP) is a process of managing businesses end to end. It is facilitated by software that is highly integrated for increased cohesiveness and planning between departments. By connecting all departments where the hand-off from one to another is almost seamless, this approach drives…

Microsoft Dynamics 365 Payroll Tips & Tricks for Benefits – Creating Benefits: Welcome to Part 3 of our Tips & Tricks Blog Series for Microsoft Dynamics 365 Finance: Part 1 – Finance Tips & Tricks for General LedgerPart 2 – Tips & Tricks for Fixed Assets – Asset Location & LendingPart 4 – Payroll Tips & Tricks for Benefits – Maintaining…

Microsoft Dynamics 365 Finance Tips & Tricks for Fixed Assets – Asset Location & Lending Welcome to Part 2 of our Tips & Tricks Blog Series for Microsoft Dynamics 365 Finance: Part 1 – Finance Tips & Tricks for General LedgerPart 3 – Payroll Tips & Tricks for Benefits – Creating BenefitsPart 4 – Payroll Tips & Tricks for Benefits –…

Tips & Tricks for Microsoft Dynamics 365 for Finance and Operations, Enterprise Edition Welcome to Part 1 of our Tips & Tricks Blog Series for Microsoft Dynamics 365 Finance: Part 2 – Tips & Tricks for Fixed Assets – Asset Location & LendingPart 3 – Payroll Tips & Tricks for Benefits – Creating BenefitsPart 4 – Payroll Tips & Tricks for…

Microsoft Dynamics 365Digital Solutions for the Oil & Gas Industry Digital oilfield solutions encompassing advanced software and unique data analysis techniques have taken the production and probability of Oil & Gas (O&G) to the whole new level. The O&G industry requires a flexible environment to stay competitive. A connected digital oilfield shares information across the…

With so many digital optimisation opportunities today, and the energy sector evolving, utilities are ramping up digital initiatives. Utility companies are looking to new revenue opportunities and balance the demand for digital optimisation and transformation. Many of the conveniences we enjoy today are dependant on the municipalities provide, such as water mains, power, streetlights, and…

In the daily tasks of construction, engineering and professional services, companies must deal with change orders to effectively manage costs, revenue and forecasting on a project. Whether that change order is initiated in the field, or a proposed change order, someone needs to take note of the change, inform the sales representative about this change…

Power BI is part of a larger constant of Business Intelligence products created by Microsoft, which include: Azure Data Services Azure Data Services enables users to quickly build intuitive apps with AI built-in, using a range of tools, technologies, and deployment options. Machine Learning Server Microsoft Machine Learning Server is a flexible service for analysing…

From HR to Sales to Finance – unify your organisation and move your business forward with Microsoft Dynamics 365 Does Dynamics 365 Enterprise Fit your Business? If you are considering a new ERP solution for your company, here is some information that will help you determine if Microsoft Dynamics 365 for Enterprise organisations is right…

The EPC industry is one that is multifaceted and so positively complex that it often keeps C-Suite executives on their toes. For instance, when building, designing or financing a construction project, it is vital to maintain oversight and have cash flow audits throughout the process. The acquisition of invoices at the correct time is an…

Purchasing products for projects and work orders are a vital step for service companies. With the Field Service module in Dynamics 365, employees are empowered with the ability to create a purchase order. There are two main reasons to create a purchase order. One, is to create a purchase order to acquire pieces of equipment…

Can you… Measure cost and productivity through the full life cycle of enterprise level projects? Accurately bill and automatically do Revenue Recognition according to percent complete? GAAP accounting dictates the Percentage of Completion (POC) method primarily for Fixed Fee or Lump Sum projects. This means determining the Percentage of Completion to date on a project…

The Importance of Tracking Pending Change Orders Change Order Management has always been an important process when executing projects. The process is fairly well defined and clean when there a request for a proposal or estimate from the owner that ultimately results in an approved Change Order and authorization for work. However, in the real world…

The Importance of Estimating Project Cost at Completion A critical process in most organizations executing Fixed Fee or Lump Sum Projects is the periodic revision of Estimated Costs at Completion. Other terms used include Forecast of Project Costs, EAC (Estimate at Completion process), ECAC (Estimated Cost at Completion process) and Cost to Complete process. The goal is…

Business owners and financial managers face the same challenge when selecting the right Certified & Union Payroll processing and reporting solution.  There is much to consider; from maintaining union wage & fringe tables, new labor agreements and the ever changing governmental reporting requirements. Not-with-standing the company cannot lose sight of their project productivity. Furthermore, projects…

What Is Certified Payroll? Certified Payroll Reporting is the process that government contractors record and report benefits and wages paid to their employees. The Davis-Bacon Act of 1931 requires wages to be paid on government-funded construction projects. Employers must create “certified payroll,” which is a detailed report that proves that they are in compliance and information is…