Event recap on “Microsoft Solutions on Accounting and Management of Enterprise” from SMART business

As part of the partner program on expertise scaling and ERP-systems of Microsoft implementation, we held the first online-event on “Microsoft Solutions on Accounting and Management of Enterprise” on December 1. And thanks to this opportunity, we would like to thank all of you, who joined the event and supported the discussion by interesting questions.

The goal of the event was focusing attention of those, who are trying to find the best solutions for automation of business processes, that will meet fully the needs of business for years ahead. We believe that Ukraine is on its way to actual European integration, and the matter of entering international markets is urgent for Ukrainian business as never before. Thus, today focus should be on software products that meet international standards and practices and will be easy in use and transparent for partners in Europe and the world.

Microsoft Dynamics 365 Business Central is one of such solutions together with localization from SMART business, that make possible accounting, tax, management and HR accounting meet the legislative and national requirements to the financial statements both in Ukraine, and abroad. SMART business implements, supports and customizes Microsoft systems for clients around the world for 14 years. Thus, we are confident that our cooperation will be maximum effective for each business, that decided to follow transformation.

Moderator of the discussion was the head of Advisory of BDO in Ukraine Аndrii Borenkov. Andrii grounded his choice of topic for the series of events on the fact that we, as the leading audit and consulting international network, would like to provide the expertise of the best international companies so that the Ukrainian business would be ready for European integration, that awaits every Ukrainian company sooner or later. Our experience of partnership with SAP business provided us with the possibility to deeply compare systems of international level since we have deep understanding of our clients’ needs in didgitalisation, automation of accounting and processes, and methodology.

Back in May this year, BDO became a global Gold Partner of Microsoft to combine the best experience and competencies of companies and provide clients with digitalization and automation services.

The partnership of BDO with Microsoft at the global level and the partnership of BDO in Ukraine with SMART business within Ukraine will allow us to cooperate fruitfully in adapting the world-class system Microsoft Dynamics 365 Business Central for Ukrainian companies (in particular as an alternative to russian software). Together we offer all the support and tools required for a smooth and efficient migration.

Kirill Rudnev, Managing Partner of SMART Business and the main speaker of our first event, made a general overview of the universal system Microsoft Dynamics 365 Business Central for business management of enterprises of all sizes and industries. Kirill focused on the fact that you should pay special attention to the implementation of the basic functionality, even if it requires a little change in business processes, since Microsoft Dynamics 365 products can automate almost everything and by default meet most international standards.

Still, each business has its own unique “formula”, so before implementing the system, the integrator should get to know the company's processes, goals and plans in detail. It is equally important to consider the future scaling and growth, so that in the future any integration or expansion of functionality would be quick and without interrupting existing processes. “In-depth analysis is done to understand why exactly the processes that reduced your productivity occurred? What will happen next? And what can we do to improve these indicators? At the same time, Microsoft Dynamics 365 is an open system, and if necessary, we always develop additional functionality required by the client,” says Kirill Rudnev.

Even if there are no formal sanctions for the use of russian software, we recommend our clients to use world-class ERP systems, and we can state that Microsoft Dynamics 365 Business Central is the optimal solution for Ukrainian business. SMART Business has been supporting Ukrainian companies for years by localizing solutions and ensuring compliance with all local regulations and standards.

Obviously, one of the most important matters is the cost of licensing and implementing Microsoft ERP-systems. Each project is unique, so the total cost will depend on the scale of implementation, the number of modules and integrations, as well as potential additional development. Speaking about licensing, there is an incredible offer from Microsoft now. This summer, the corporation announced its support for Ukrainian business and offers 80% discount from the regular price for licenses for ERP-system of Microsoft Dynamics 365 Business Central (regular prices without discount are in the table below). The offer is available for 2 years from the date of purchase for both new users and existing users who are interested in renewing their licenses.

We would like to mention that BDO in Ukraine combines services and solutions in digital technologies under the BDO Digital brand. BDO Digital is a reliable set of highly effective solutions that facilitates digital transformation of business, optimizes and scales activities in modern environment.

CONTACT US to find out what solutions we have for your company's growth and we will be glad to advise you.