Crowe Horwath introduced a new Crowe Financial Accelerator for Microsoft Dynamics AX to manage centralized and decentralized operational and financial functions within the ERP system.
The Top 10 accounting, consulting and technology firm developed the accelerator to provide financial insight within Dynamics AX, which, with Microsoft’s release of the new cloud-based version of its ERP system, provides a more flexible environment for customers to redesign business processes and grow their business.
As a value-added reseller of Microsoft Dynamics AX, Crowe Horwath developed the Financial Accelerator for companies already using AX and those considering it. Using the tool in combination with Dynamics AX, organizations can centralize sales, purchasing, accounting receivable and accounts payable, treasury and inventory management.
“Corporations need the ability to structure their organizational model to best serve their customers without worrying about the impact these organizational changes may make on their financial processes,” stated Simon Riley, leader of manufacturing and distribution performance consulting at Crowe. “However, management still needs a real-time, comprehensive view of the overall financial position across the enterprise. We applied Crowe’s deep experience in accounting, risk, compliance and supply-chain management to the already successful Microsoft Dynamics AX platform to provide enhanced shared services capabilities, best-practice financial controls and complex reporting and enterprise financial functions to the ERP platform.”
Additionally, the Crowe Financial Accelerator features best practices for financial consolidation, standardized financial operations and processes, streamlined financial period close and optimized configuration for financial reporting, compliance and controls.
More information on the solution is available here.
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