How Do Professional Services Firms Benefit from AXIO Enterprise Business Solutions?

Dynamics 365 for Finance and Operations, formerly known as Dynamics AX, is one of the most robust Enterprise Resource Platforms (ERP) available for mid-market and enterprise companies. We developed AXIO for Professional Services to deliver end-to-end enterprise business solutions designed to address the unique needs in this industry and enable rapid implementation.

Many CFOs and financial leaders ask us why a complete solution like Dynamics 365 needs something like AXIO. My answer is simple—it’s about helping you realize business value faster.

How Long Does a Dynamics 365 Implementation Take with AXIO Enterprise Business Solutions?

When you invest in technology, you expect tangible results. Whether you’re seeking to increase operational performance, improve the customer experience or capitalize on growth opportunities, the goal of implementing an integrated platform is to provide real business value in the least amount of time. Companies can no longer wait a year or more for an implementation to be completed before benefits are realized—nor should they. Cloud technology and solutions like AXIO enable you to be up and running in 120 days.

AXIO is the result and combination of a market leading ERP, an optimized implementation model, business process documentation, industry specific add-ons, data import framework and our experience of more than 4,000 implementations of ERP solutions.

By leveraging best practices and more than 30 years of experience to create AXIO, our team has been able to decrease Dynamics 365 for Finance and Operations implementations by an average 38%.

Microsoft did their part. They created Dynamics 365 Finance and Operations and gave it a rich feature set. It’s an extremely flexible and scalable cloud ERP platform and takes advantage of the entire Microsoft solutions stack including Office 365, Azure, Power BI, Flow and PowerApps. Yet, it’s our team’s knowledge of the professional services industry and our AXIO enterprise business solutions which lead to better outcomes.

When you get the chance to work with more than 4,000 clients, you learn a thing or two about the kind of configurations, enhancements and customizations that different types of companies need.

AXIO is an embedded solution with Dynamics 365 Finance and Operations which helps mid-market and enterprise-level organizations who require universal integration of finance across locations, companies or countries. Most of the professional services firms we work with have operations and projects in multiple states or countries, and have a variety of revenue management structures. They also have specific reports and dashboards which are unique such as utilization and supply chain insight. AXIO includes:

  • Multi-company, multi-currency management
  • Accounts Receivable
  • Accounts Payable
  • General ledger
  • Fixed asset management
  • Banking
  • Advanced credit management
  • Compliance and regulatory support
  • Advanced commissions management
  • Excel budget importing
  • Business intelligence and reporting
  • Sales and Opportunity management
  • Project accounting and billing
  • Project progress and cost tracking
  • Human Capital Management
  • Government contracting module
  • Procurement and Sourcing
  • Product, Inventory and Warehouse Management
  • Regulatory support
  • Human Resource Management
  • Pre-built business process flows
  • On-screen and in-app task guides
  • Content-sensitive help and training material

 

AXIO gives you scalability, compliance with GAAP, IFRS, Sarbanes-Oxley, and DCAA requirements and spans all the important back-office processes you need to give you immediate insight and better manage finance and operations functions. Read about the recent changes in revenue recognition rules for service firms by downloading the white paper: “The Impact ASC 606 and IFRS 15 Will Have on Your Business.”

Learn more about AXIO for Professional Services on our website or see it in Microsoft’s AppSource.


Leave a Reply

Your email address will not be published. Required fields are marked *

X