The accounting software used by the company was outdated and it was regularly required for IT specialists to improve it, their work demanding unpredictable costs and time. Therefore the company management made the decision to implement modern software, regularly updated according to the standards of our time and without additional investments. The functionality of the new solution allows the company employees to do more and to reduce the amount of manual operations, thereby saving time that they could use to perform other essential tasks.

Challenges and Needs

Obtaining real-time operation about business processes

Compile and analyze income and expenses in a comprehensive manner

Implement software that could be supplemented with other solutions in the long term

The Implemented Solutions

The company selected Microsoft Dynamics 365 Business Central as the most appropriate solution for improving productivity and efficiency, and ELVA employees implemented the software within two weeks. The result was an application with regular updates always available, since it is located in the cloud, and does not require special infrastructure. The new solution provides more functions, including the option of analyzing data and planning the integration of required additional solutions in the long term.

Benefits

  • Rapid information exchange

    The management always has as its disposal the latest information about company processes and business performance in real time.

  • Business decisions based on analysis

    The standard functionality of the solution allows analyzing income and costs for different periods.

  • The solution complies with the requirements of the law

    The latest version of the application is always available, ensuring compliance with the latest regulations.

  • World-class data security

    Highest level data security ensured by the Microsoft cloud. All information is stored and is always available from any location in the world.

  • Integration with Microsoft Excel

    Effortless data import and export to and from Excel in order to comprehensively compile and analyze information about the company processes.

  • Taking stock of information in different dimensions

    The option to place incoming and outgoing invoices in different dimensions, making it easier to track the differences in costs for sold and purchased products.

RARE darbnīca reference of cooperation with ELVA

Our previous accounting software ever more frequently required improvements or corrections performed by an IT specialist. Microsoft Dynamics 365 Business Central has its latest version always available online. It is not necessary to employ a programmer to recode the older version. Our previous software was really old. In fact we used it only to issue invoices, we could not use data analysis which we can now do with Business Central.

Mārcis Sparāns

Head of the RARE darbnīca

30 employees

~ €1.5 million

Turnover in 2020

2000 m2

Spacious workshop premises

Solutions used by the company