2017-09-26 mid market erp & accounting systems update

Helping Great Organizations Thrive

www.raffa.com P: 202.822.5000 F: 202.822.0669

ERP & ACCOUNTING

SYSTEMS COMPARISON

SEMINAR

September 26, 2017

Mutual Introductions

Best Practices & Considerations for Evaluation

Effective Accounting System Implementations

Review of Top Accounting Software for SMB

Software Demonstrations

• Intacct • JAMIS • Microsoft Dynamics 365

Questions

Our mission is to be a catalyst for positive system change in our community. Raffa is nationally recognized with

access to all the resources of the largest international firms. We contribute to our clients’ abilities to achieve their

missions and deliver promises to the world.

LARGE ACCOUNTING, CONSULTING & TECHNOLOGY CONSULTING FIRM

• Serve 1,500+ organizations in DC/MD/VA (Nonprofit &

Professional Services)

• 300+ specialists on staff at all levels

• Support over 250 Financial System Clients

• Certified System Consultants, Certified Project

Management Professionals, Business Process

Consultants

33 YEARS SERVING THE NON PROFIT COMMUNITY

17 PARTNERS, INCLUDING 11 WOMEN PARTNERS

WOMEN-OWNED FIRM

MULTI-CULTURAL WITH DIVERSITY AT ALL LEVELS

PRIMEGLOBAL ALLIANCE MEMBER

WIDE RANGE OF SERVICES

• Technology Solutions

• ERP & Accounting Systems

• GovCon Expertise

• Software Development

• Managed IT Services

• Audit and Tax

• Managed Accounting

• HR Consulting

• Business Advisory

• Forensics and Litigation Support

• Financial Services, Employee Benefit Plans, Insurance

• Executive Search and Transition Services

NATIONALLY RECOGNIZED

• Top 100 Largest Accounting Firms (WBJ & Accounting Today)

• Top 100 ERP VAR (Bob Scott & Accounting Today)

• Top 100 and Fastest Growing Value Added Reseller

HINT – SOMETIMES YOU NEED TO CHANGE YOUR SOFTWARE!

1 to 2 Years Old - Infancy

• Limited features, missing modules • Bugs

3 to 4 Years Old - Childhood

• Young product • 3rd party modules, bugs, early developer team

5 to 6 Years Old – Adolescence

• Move to next technical version • Product Performance • Modules with different strength

7 to 11 Years Old - Maturity

• Maturity and Respect • Vertical focuses • Advanced features and capabilities • Strong Channel

12 to 15 years – Old Age

• Technology is Achilles heel • Legacy functions • Client base not technical leaders

Decision Making Team

Budget

Time Schedule

Solving Current System Problems & identifying key requirements

Software Evaluations

Partner Trust

IT Staff Involvement

Review Potential Solutions

Eliminate Obvious Poor Choices

• Potential list of 2 or 3 products at most

Avoid Analysis/Paralysis

• Evaluate product match to your requirements

Product Features

Analyze Requirements Against Features

Identify Appropriate Resellers

Product Demonstrations

Proposal Review

References

Decision

Functionality – Do Cloud Solutions Meet Your Functional Needs?

Sophistication – What level of customization do you require

Infrastructure Support – Committed to On-Premise Infrastructure, Cloud, or Both

Costs – What are the Realistic Costs for Your Organization – On-Premise vs. Cloud

Support – Who is Supporting Your Users, Applications, and Infrastructure

Agility – Improved re-provisioning

Cost – ROI & TCO

Distributed over many users

Device & Location Independence

Multi-Tenancy

Reliability – Multiple redundant sites & industry leading Service Level Agreements (SLA)

Security – Providers devote more resources

Maintenance – Upgrades installed centrally

Control – In your environment

Integration with existing applications

Customization – Under your control

Security – Pluses & minuses

Access – Remote access & controlled users

Local Data – Data can be more accessible

Known Costs – Traditional costs

Reputable mature vendors

Existing Software – Hosted in the cloud

Mature Products – Functionality

Monthly Fees, annual fees, maintenance fees

Single Tenancy – Upgrades, Backups, Customized Attention

Integrations – Traditional

Remote Access - Citrix, Remote Desktop

Known Costs – Traditional Costs

Reputable mature vendors

Powerful, popular financial system that targets

horizontal & vertical markets

Web based features

Strong user productivity features

Flexible reporting

Powerful business intelligence

Industry leader

Maturity (Great Plains hit market in the 80’s)

Integration with external systems

Key Features Include • Personalized Role Pages

• Integrated with Microsoft Office

• Web Solution

• Business Intelligence – Power BI

• Business Process Automation – Enhanced Workflow

• Increased Internal Controls

Powerful, popular financial system that targets

horizontal & vertical markets – SMB

Mature product with high Microsoft investment

Powerful user interface with user roles

Easily integrate with external systems

Powerful chart of account segmentation

Industry leader in project accounting

Professional Services Organizations, Gov’t

Contracting, Grants & Program Management

Web based capabilities

Key Features Include • Integrated with Microsoft Office • Web access for remote users • Business Intelligence – Power BI • Web Requisitions - Front-end to Purchasing Module • Automates the Procurement Process • Powerful Project Costing • Improved Efficiency • Increased Internal Controls

End-to-end application in the cloud

Start with what you need and grow

Empower employees with tools where they need them

Optimal outcomes with intelligence imbedded in processes

Adapt in real-time with flexible and extensible applications

Key Features Include

• Financial Management

• Inventory Management

• Sales

• Purchasing

• Project Management

• Unified Microsoft Solution

BEST IN CLASS FINANCIAL MANAGEMENT SYSTEM

True Software-As-A-Service (SAAS)

Local Partner

Annual and/or Monthly Subscription Costs

Preferred provider of the AICPA

STRONG FINANCIAL & ACCOUNTING FUNCTIONALITY

Outgrowing QuickBooks

Interested in Cloud Financials

Nonprofit Focus

Project Oriented Firms & Professional Services Firms

Business Process Automation

JE, AP, AR, Purchasing, Grants, Bank Rec

Time & Expense

Billing & Revenue Recognition

VERY SATISFIED CLIENT BASE (OVER 12,000 CLIENTS)

WORLD-CLASS DATA CENTER OPERATIONS

99.992% availability for 2016

Industry leading SLA’s

SSAE 16 Audited & PCI DSS Compliant

Successful DCAA Audits

Multi-Company

Multi-Entity

Multi-Currency

Consolidated Financials

Real Time Financial Visibility

Prebuilt Financial Reports

Dashboards

Designed specifically for Government Contractors and

Professional Services Organizations

CAS/FAR and The Uniform Guidance 2 CFR 200

compliant

Project accounting with true labor costing

Project Management & Resource Scheduling

Optimized for mobile

Key Features Include • Finance & Project Accounting • Contract & Subcontract Management • Business Planning • Time & Expense • Human Capital Management • Customer Relationship Management (CRM) • Dashboards and Business Intelligence • Fixed Assets • Mobile capabilities

Helping Great Organizations Thrive

www.raffa.com P: 202.822.5000 F: 202.822.0669

Seth Zarny, Partner

[email protected]

301.279.6500

Glenn Anstead, Senior Manager

[email protected]

301.279.6503

Buu-Linh Tran, Senior Manager

[email protected]

301.279.6511

Hector Ball, Manager

[email protected]

301.279.6512

Jeremy Taro, Account Executive

[email protected]

301.279.6504

mailto:[email protected]



