Microsoft project management tools

Maximise your efficiency with Microsoft project management tools. A robust suite of Microsoft productivity tools seamlessly integrated into your ERP with integrated project accounting.

Understanding the complexity of project management

Project management encompasses far more than just financials; it involves a multifaceted approach that includes planning, collaboration, communication, delivery, and analysis.

Many project-based organisations look for software for project management mistakenly believe there’s a one-size-fits-all solution, but in reality, it’s a tapestry of interconnected tasks that demand specialised tools.

Microsoft productivity tools

Microsoft’s ecosystem offers a comprehensive collection of solutions tailored to different aspects of project management:

A cloud-powered productivity platform including known-by-all apps, such as Word, Excel, and PowerPoint. With a suite of document formats supported, O365 ensures that project documentation is easily managed and accessible within the SharePoint environment, facilitating collaboration and version control.

Collaboration is at the heart of successful project management. Teams provides a centralised platform for communication, meetings, task management, and document sharing, all seamlessly integrated with the rest of Microsoft tools.

Whether you like it or not, email remains the most widely used communication tool, and Outlook’s integration with other Microsoft apps ensures that project-related communications are organised and accessible.

Project documentation is a must for project-driven organisation. Its main purpose is to be a repository of knowledge. Documenting the project’s processes, decisions, and outcomes can be useful for future projects or when new team members join a running project. SharePoint makes document management and collaboration a breeze.

Streamlining workflows is essential for maximising productivity. Power Automate allows for seamless integration between various applications, automating repetitive tasks and ensuring smooth transitions between stages of a project.

Your company is not only project-drivn, but also data-driven. Visualisation is key to understanding complex data. Power BI empowers users to create insightful reports and dashboards, extracting business insights directly from ERP data.

Connecting Business Central with Microsoft’s project management tools

Microsoft Dynamics 365 Business Central  is an ERP solution for SMBs. Business Central facilitates the efficient management of various aspects of a business, including finances, operations, sales, and customer service.

Business Central enhances productivity by centralising data, streamlining processes, and providing real-time business insights. Now even more than ever thanks to generative AI through Copilot for Business Central. Nonetheless, while Microsoft Business Central offers robust capabilities for managing various aspects of business operations, including accounting, it may not provide all the specialised features required for comprehensive project accounting.

Project-centric businesses often require specific functionalities such as advanced project planning, resource allocation, time tracking, and detailed project financials.

Business Central and Advanced Projects: a winning combination

In this context Business Central may not suffice as a standalone solution for project accounting needs. That’s why project-driven businesses may find it beneficial to complement Business Central with a dedicated project accounting software that offers tailored features and functionalities designed specifically for managing complex projects and their financial aspects.

By leveraging Advanced Projects, a project accounting add-on within the Microsoft One Platform, businesses can ensure they have access to the precise tools required to effectively manage project finances, track project progress, allocate resources efficiently, and generate comprehensive project reports. This approach allows for a more specialized and holistic approach to project accounting, ultimately enhancing productivity and facilitating better decision-making.

In summary, Business Central plays a vital role as the core business management system within the Microsoft ecosystem, providing a solid foundation for overall operations.

However, when it comes to project management and accounting, integrating specialised project accounting software alongside Microsoft project management tools ensures a comprehensive solution tailored to the unique needs of project-centric businesses. This synergy empowers organisations to efficiently manage projects, optimise resources, and drive success through seamless integration and enhanced capabilities.

project accounting

Advanced Projects is a Business Central extension for project accounting that seamlessly integrates with the Microsoft productivity suite and other project management tools like Jira.

Ready to turn your projects into profits? Contact us and get a free trial.