Microsoft Dynamics SL delivers project-focused accounting and business management software for project-driven companies. The base project management functionality found in the Business Essentials edition of Microsoft Dynamics SL is all the project management most organizations will need, but if you are looking for unique or advanced project management tools, Microsoft Dynamics SL also offers a number of specialized project management solutions.
The Flexible Billings module, which comes with the Advanced Management edition of Microsoft Dynamics SL, enables you to shorten billing cycles and improve cash flow by taking control of unbilled receivables and converting them more quickly to revenues. Streamline invoicing with automatic generation, formatting, and submission of drafts for approval. Then easily note needed corrections, finalize invoices, and post receivables.
Reduce the lag time between project activity and invoicing. Charges such as time, expenses, materials, and overhead allocations flow directly to billing without paperwork delays or manual data entry. The tool is flexible and can be tailored to your business needs. Assign various billing methods, rate structures, and mark-up rules for each project or customer, or for a specific invoice, and then generate invoices automatically or on demand. You can format invoices to customer specifications and link a format to future customer or project bills.
Reduce errors by reviewing and annotating draft invoices online for editing and format changes, prior to approval and printing. You can easily create, maintain, and view in-process invoices or view billed invoices at a glance. You can quickly review invoice status to ensure timely billing, optimizing cash flow.
Give your customer service representatives instant access to invoice information, including the ability to drill down to underlying details. Then they can quickly answer customer questions about their bills, increasing customer satisfaction and retention.