Regulatory compliance in Microsoft Dynamics GP

Expedite regulatory compliance and make good governance a business advantage

Complying with regulations, industry standards, and corporate quality initiatives can be complex and costly both for the companies that need to realize compliance and those doing business with them. Microsoft Dynamics GP offers ways to implement and monitor corporate compliance while easing the challenges often associated with it. Going beyond compliance, Microsoft Dynamics GP helps you control business processes and planning better and helps bring about a business culture of accountability.

Extend your business management solution to achieve regulatory compliance

Whether you need to comply with Sarbanes-Oxley, HIPAA, GASB, or any other regulatory or corporate standard, integrity of your information is critical. You can use your business management solution to maintain optimal integrity and data security and to obtain pervasive control in your compliance efforts.

· Set and manage security restrictions on any data fields, windows, and forms with Field Level Security in Microsoft Dynamics GP.

· Track and report on any changes to any data fields and tables, and document approval of any changes, with Audit Trails and Electronic Signatures for Microsoft Dynamics GP.

· Store and safeguard historical compliance and transaction information.

· Automate and centralize control processes to help ensure complete compliance and help eliminate human error.

Reduce the cost and complexity of compliance

· Automate compliance workflows and checkpoints, so employees take action at the right moment and are not compelled to monitor processes or gather data at all times.

· Minimize the cost of audits by reducing the number of audit observations and the amount of time needed to assemble transaction history, by using SmartView in Audit Trails.

· Eliminate unnecessary paperwork, and store and verify changes and approvals within compliance processes electronically.

· Free up information technology (IT) resources for essential functions in compliance management, and remove busywork from IT, by using Microsoft Dynamics GP functionality that is centrally managed and shares a common database, with minimal need for any additional background system management tasks.

· Implement business roles to give employees a reliable framework for realizing compliance, also reducing the chance of human error and omissions.

· Extend people's existing software skills to work with Microsoft Dynamics GP as a compliance tool, minimizing training requirements.

Create a connected infrastructure for compliance

· Protect data integrity and enforce strong password security for compliance facilitated by Microsoft Dynamics GP, because the solution integrates with Microsoft SQL Server 2008 database and reporting software and runs on Windows Server operating systems.

· Make compliance reports and other information available for efficient, centrally managed review and collaboration on your company's extranet or intranet sites, built on Microsoft Office SharePoint Server or Windows SharePoint Services.

Manage risk and move your business forward

· Use Analytical Accounting for Microsoft Dynamics GP for flexible and extensible reporting on compliance-related information, as well as other important business data.

· Monitor compliance efforts and other business events by creating personal or RoleTailored alerts that keep you informed and prompt you to take action when certain values and conditions occur in a Microsoft Dynamics GP data table.

· Keep tabs on changing business conditions with custom reminders, based on SmartList query results, on your personalized home page in Microsoft Dynamics GP.

· Share compliance information or business performance data by making Microsoft Dynamics key performance indicators (KPIs) available on your company's intranet site, promoting smart business decisions based on all relevant information.

· Integrate Microsoft Dynamics GP with Microsoft Forecaster to inform realistic budgeting and proactively manage compliance and other business objectives.