Client Name:

Preci Health

Domain:
  • Health Industry

Implementation of Microsoft Business Central Payroll

Preci-Health has been revolutionizing the landscape of medical care by safe and developing accessible, virtually painless solutions for blood sampling and injections – anytime, anywhere. Their vision is to ensure every individual has the tools needed to manage their health with unprecedented accuracy and ease – ultimately, leading to informed decision making and improved healthcare outcomes. But managing multiple accounting systems was challenging. Moreover, their Purchase Order process, Vendor Management, Workflow Management, Inventory Management, Tax Management, Budgeting, and Financial Reports required a scalable solution to meet their expanding workforce and complex requirements Dynamics 365 Business Central proved to be their one-stop solution that streamlined all their operations, ensured compliance, and enhanced the overall efficiency.

The Challenge

Prior to implementing Microsoft Dynamics 365 Business Central, the Preci-Health relied on a manual system that was prone to errors, was time-consuming, and lacked the necessary features to handle the growing complexities of all their processes. They needed a scalable solution that could automate their existing Accounting System, Purchase Order process, Vendor Management, Workflow Management, Inventory Management, Tax Management, Budgeting, and Financial Reports while providing real-time insights.

Solution

Preci-Health partnered with us to implement Microsoft Dynamics 365 Business Central. The decision was driven by the platform’s comprehensive capabilities, integration with other Microsoft products, and the flexibility to adapt to the Accounting System, Purchase Order process, Vendor Management, Workflow Management, Inventory Management, Tax Management, Budgeting, and Financial Reports needs of the client.

Implementation Highlights:

1.Implementation of Accounting System:

Our team worked closely with their team to understand their accounting requirements, configuring Microsoft Dynamics 365 Business Central to align with the company’s specific procedures and ensuring that the necessary accounting modules are activated. We made sure to configure the basic settings such as currencies, fiscal calendars, and posting groups according to their organization’s requirements.

2. Implementation of Purchase Order & vendor management process:

Implementation of default purchasing parameters like default vendor, currency, payment terms, etc. and defining the number series for purchase orders. For continuous improvement we regularly reviewed and refined their purchase order process to make sure that the operations are streamlined, efficiency gets improved, along with reduced costs. Also, vendor management provided their business with the tools and capabilities they need to establish and maintain strong relationships with vendors.

3. Implementation of Tax Management and Budgeting:

Implementing tax management and budgeting in Microsoft Dynamics 365 Business Central involved configuring the system to handle various tax rules, calculations, reporting, and budgeting processes. We developed automated tax calculations & budgeting processes to utilize automation capabilities within Business Central to automatically calculate taxes on transactions based on predefined rules and settings and budgeting process, from data collection to approval and monitoring.

4. Implementation of Workflow Management:

Workflow management in Microsoft Dynamics 365 Business Central involved configuring and automating their business processes to improve the overall efficiency, accuracy, and consistency across various operations.

5. Implementation of Inventory Management:

Implementing Inventory management in Microsoft Dynamics 365 Business Central was a comprehensive process that involved tracking, managing, and optimizing inventory levels and transactions. With this we offered various features and functionalities to streamline their inventory management processes. Overall, inventory management provided the necessary tools and capabilities they need to effectively manage their inventory, optimize stock levels, minimize stockouts, and improve operational efficiency.

6. Real-time Reporting and Analytics of their advanced level Finance:

The platform’s robust reporting and analytics tools provided the client with real-time insights into financial data. Customized dashboards allowed stakeholders to monitor payroll expenses, track compliance, and make informed decisions.