{"id":1576,"date":"2023-02-28T18:48:00","date_gmt":"2023-02-28T18:48:00","guid":{"rendered":"https:\/\/www.pax8.com\/future-blog\/bam-boom-cloud-erp-accounting-software\/"},"modified":"2023-05-11T14:16:05","modified_gmt":"2023-05-11T14:16:05","slug":"bam-boom-cloud-erp-accounting-software","status":"publish","type":"post","link":"https:\/\/www.pax8.com\/blog\/bam-boom-cloud-erp-accounting-software\/","title":{"rendered":"Bam Boom Cloud expands MSP ERP accounting software capabilities"},"content":{"rendered":"

Leave the limits of traditional accounting software behind.<\/p>\n

Business Central is among the best-known modules and biggest attractions of the Microsoft Dynamics 365 enterprise resource planning (ERP) tool. This ERP accounting software can be hugely effective in the SMB (small- and medium-sized businesses) space. That\u2019s why Bam Boom Cloud, the Business Central Partner of the Year winner, joined the Pax8 family<\/a> in February 2023 to support partners who transact Microsoft to help their businesses grow.<\/p>\n

Traditional accounting software approaches<\/h2>\n

Many organizations don’t have a leading-edge proprietary accounting solution in their back pocket. As such, they typically use standalone accounting software or an ERP solution with an accounting function to handle cash flow management and other critical internal financial processes.<\/p>\n

The latter route is common. Using an ERP accounting software module in a cloud-based platform like Dynamics 365 means easy access to critical data from other areas of the business, due to the ERP’s inherent integration capabilities. Chances are high that the ERP will integrate with other tools from the same software company.<\/p>\n

Some business leaders may want to stick with whatever approach they always have \u2014 be it basic accounting software or an ERP module. But there are numerous challenges that can arise in either context, and soon enough, resisting change might no longer be viable. For example, when using an a la carte accounting software solution, if the system doesn’t integrate well with your payroll system and allow for easy data sharing, it can create general ledger posting delays, inefficient financial reports, and resource wastage that \u2014 one way or another \u2014 leads to avoidable extra costs.<\/p>\n

Along similar lines, if you’re using an ERP system module for accounting but you implemented it hastily and\/or without assistance from an experienced partner, a mistake in accounting could snowball into a fundamental problem. This can affect everything from inventory to the overall supply chain life cycle. In addition, if the ERP system you\u2019re using doesn\u2019t integrate with your clients\u2019 other business-critical solutions, such as Microsoft 365, your clients will lose out on efficiency and may become frustrated by having to use siloed products.<\/p>\n

The consequences of such challenges can add up to notable losses sooner than you might think. But they are preventable. Managed service providers (MSPs) can help customers not only address accounting and financial operations woes but also grow (and manage) new business lines.<\/p>\n

Business Central and Bam Boom Cloud<\/h2>\n

Bam Boom has burnished its reputation for more than 20 years by taking on challenges other business consultancies couldn’t \u2014 and succeeding. As the winds of technology and business shifted, so did the firm’s focus on cloud-based software solutions and the development of a close partnership with Microsoft.<\/p>\n

Business Central sales, implementation, and oversight<\/a> constitutes a flagship service area for Bam Boom. Experts assist companies in exchanging spreadsheet-based accounting systems or overcomplicated software for Business Central, including key features like reliable budget forecasting, seamless automation, and dynamically visualized, meticulous financial reporting.<\/p>\n

Now, Bam Boom’s partnership with Pax8<\/a> allows the 2022 Microsoft U.K. Partner of the Year<\/a> to work with a globally renowned cloud Marketplace. This means more MSPs than ever can help improve their clients’ fiscal management operations with Business Central.<\/p>\n

Simplify ERP accounting with KickStart for Business Central<\/h2>\n

There’s no doubting the popularity of Dynamics 365 Business Central. It’s often ranked among the best ERP software. Where organizations might have trouble is in adopting and implementing the module.<\/p>\n

This might be due to frustration with current tools or a suspicion of cloud-based alternatives. It’s a matter of lacking in-house personnel with the necessary expertise to smoothly migrate the business management and ERP accounting system to the cloud. Or you’ve had trouble with integrations in the past.<\/p>\n

Whatever the reason, Bam Boom Cloud can provide support through KickStart<\/a>, their unique implementation program. This ERP implementation pack is designed to make adoption of Business Central as simple as possible, with a “fixed price, fixed outcome” model that makes the process fast but thorough. There\u2019s also an option<\/a> that replaces the larger upfront cost with a monthly subscription model that allows partners to start smaller and scale as needed.<\/p>\n

KickStart begins with five primary steps:<\/p>\n