Digicode has helped Science and Technology Center to gain visibility and control over Grant Management with Dynamics 365 Business Central
The organization had many manual and Excel-based processes because of their limited and outdated ERP system. They recognized inefficiencies and inaccuracies caused by the system, and they wanted a single ERP system to manage and control project grants and create advanced reporting. Thus, the organization could easily redistribute funding for scientific and technological projects in almost 100 countries worldwide.
Digicode was selected as a technology partner for implementing Microsoft Dynamics NAV for its proven 20 years of experience and excellent understanding of financial operation processes in non-profit organizations.
In 2004, ISTU (Ukraine) chose Microsoft Dynamics NAV for its new ERP system after evaluating several other solutions. One of their key priorities was a robust and efficient solution, and Microsoft checked all the boxes.
After that, the company used the system for complex financial accounting. During this time, the system has been updated several times to new versions, and several additional modules have been developed and implemented.
Microsoft Dynamics NAV provided many functioning features for this organization and some of those main features are:
This year the system was upgraded to Dynamics 365 Business Central. Moving from Dynamics NAV to Dynamics 365 Business Central is more than just another upgrade. It’s about transforming their operations to make budgeting and accounting more efficient. In this system, the company completely maintains its operational and financial accounting, as well as generates corporate reporting. Similar work was performed for ISTC (Kazakhstan).
Microsoft Dynamics 365 Business Central
Features for Non-Profits
With the Jobs module, all projects with details became available in one place. Each project has its status: closed, open, in progress, unsigned documents, etc. Also, ISTC managers can quickly see the complete information about the project, including total budget amount and spending, items of expenditure, terms and much more.
New reporting features of Business Central have enabled ISTC to process more financial data and generate reports faster than their previous solution.
Digicode and ISTC continue to collaborate to this day. We help the organization maintain the system, and also work on updating the customer’s forum with another Microsoft tool – Power Automate.
With Dynamics 365 Business Central, the Customer can manage funds more efficiently by storing data in a centralized location. Integration of direct transfer of documents R&D projects from the forum to the ERP system has almost eliminated the need to pass the paper around the company. We also ensured completely transparent budgeting, convenient accounting and custom reporting.