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Four Reasons to Implement Microsoft Dynamics GP and SL Sooner Rather Than Later

by Paul Farrell
President, Wizard Productivity Systems,

Now is the perfect time to be implementing Microsoft Dynamics® GP or SL accounting software.

You may well be asking, "Is this guy nuts? The economy's tanking, people are pulling in their horns, and you want me to spend money and time on new accounting software?"

Yes, that's right. Now granted, I have a vested interest, but the reality is that a number of important trends and developments have come together to argue for implementing software that very quickly will pay a host of dividends.  The Economic Stimulus Act of 2008 and Federal bailout, coupled with corporate weakening and failures nationwide, have created the perfect opportunity for forward-thinking small to mid-sized businesses to outmaneuver competitors via leading-edge accounting solutions. Here's how:

  1. Take a tax break. The Stimulus Act permits businesses to take a 50 percent bonus depreciation on qualifying software (including accounting software) and hardware purchased and placed into service before year-end. Added to the regular depreciation allowance, a business could realize a real-dollar tax savings of nearly $3,000 on a $15,000 purchase--saving almost 20%.
    Of course, you'll need to consult your tax advisor to see if/where you qualify. Growing businesses shouldn't shut down their spending in dicey economic times. They just need to spend smarter. This certainly qualifies.
  2. Become a financial reporting fanatic. Your company will need to be in better control of financial reporting than ever before. Ability to collect the right information at the right time will be critical to companies wanting to achieve and maintain a competitive edge.
    Microsoft Dynamics accounting software scores extremely high in this arena. Plus, it integrates well with other supply chain programs such as CRM-providing even greater company continuity and access to timely, accurate and critical information. Being able ...

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About Paul Farrell

Paul Farrell is president of Wizard Productivity Systems (www.wizardx4.com), developer of the Wizard Accounting Solutions for purchasing, installing and learning Microsoft Dynamics® GP and SL. Paul has more than 25 years of management and business development experience as well as in-depth knowledge of the Internet, media and enterprise software industries. Paul has held executive positions managing high-level client relationships at such renowned companies as AOL, where he served as Senior Vice President of Business Development. He has a wealth of experience in developing and leading highly effective multi-disciplinary teams.

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