In our previous post titled Understanding GUMU™ Workflow for Dynamics CRM and Sage 100 Integration, we discussed the salient features of GUMU™ integration and how it helps in the smooth flow of information between Dynamics CRM and Sage 100 ERP. We saw how customers, contacts, products, warehouses, sales quotes, sales orders, and invoices are integrated. Now, we are excited to introduce a highly valuable enhancement to this integration—Cash Receipts Syncing.
The feature enhances financial reconciliation and allows users to have real-time visibility on payments recorded in Sage 100 as cash receipts. Since they are synced straight into Dynamics CRM, such an integration minimizes any manual intervention, reduces possible errors, and brings the sales team and the finance team together.
What’s New?
The latest version of the GUMU™ integration is an update that will sync cash receipts from Sage 100 to Dynamics CRM. Cash receipts are payments or deposits recorded in Sage 100 against invoices or customer accounts. With this enhancement, these receipts are automatically associated with the corresponding invoices in Dynamics CRM, thus keeping the payment information updated across systems and simplifying financial reconciliation.
Cash Receipt Syncing Key Features
- Cash Receipt Syncing: Sage 100 cash receipts are automatically synced to Dynamics CRM, which reduces the need for manual data entry.
- Cash Receipt Association: The synced cash receipts are associated with their respective invoices in Dynamics CRM, thus providing transparency and ease of tracking.
- Financial Reconciliation: It ensures that both systems have the correct and updated cash receipt information, bridging the gap between sales and finance.
How Does It Work?
- Recording Cash Receipts in Sage 100: Cash receipts into Sage 100 are received from customers either against specific invoices or customer accounts.
- Synching to Dynamics CRM: The GUMU ™ integration engine automatically captures new or updated cash receipts in Sage 100, which are then synced up to Dynamics CRM.
- Linking Invoices: Cash receipts are mapped with the corresponding invoices or customer accounts in Dynamics CRM, and teams can track the history and status of payments.
Conclusion:
The addition of Cash Receipt Syncing to GUMU™ integration highlights our commitment to providing a robust solution for Dynamics CRM and Sage 100 users. By automating the syncing of cash receipts, we simplify financial processes, improve data consistency, and ensure seamless collaboration between sales and finance teams.
If you want to learn more about this new feature or see how GUMU™ can enhance your business processes, feel free to contact us at gumucloud@greytrix.com or visit our website. Stay tuned for more exciting updates to GUMU™ integration!
