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Non-Profit Success: Membership Organization Addresses All Finance and Project Accounting, Making Data More Manageable and Reporting Faster
How a non-profit organization addresses finance and project accounting with Microsoft solutions implemented by HSO
About
This not-for-profit membership organization enables collaboration, knowledge sharing, career enrichment, and skills development across all engineering disciplines toward a goal of helping the global engineering community develop solutions to benefit lives and livelihoods.
Challenge
The non-profit relied on Microsoft Dynamics GP for their operations, but they faced challenges when trying to incorporate project accounting and complex financial reporting. The existing solution proved to be inadequate in meeting their requirements.
Solution
The organization successfully addressed their project accounting needs, as well as other finance and accounting requirements, by implementing a comprehensive solution. This included upgrading to Microsoft Dynamics GP 2016, implementing BI 360, integrating with Magnitude data warehouse, Concur, Personify, and AltiPro with Smart Connect, and utilizing SQL cubes for financial reporting.
As a result, the organization now has a single solution that effectively handles their project accounting needs and streamlines their finance and accounting processes. The implementation of this integrated solution has also made it manageable to handle large amounts of data, while significantly improving reporting speed.