Tribal Accounting Software
Productson Microsoft Dynamics 365
Simplify and secure your financial processes with the right technology partner
As a native-owned company, we deliver a unique consultative approach for tribal governments nationwide. Our depth of knowledge and more than 15 years of experience with tribes mean you can depend on Arctic IT to recommend the right accounting software for your needs. We are in tune with the evolution of ERP technology and have become a trusted source for many tribal organizations.
Together, we can streamline and improve your reporting, compliance, grant management, and more while helping secure and protect your financial data.
Next-generation accounting software for tribal governments
The Microsoft Dynamics 365 platform is our ERP software system of choice for tribal governments. From Dynamics 365 Finance to Dynamics 365 Supply Chain Management, we will recommend the best fit for your financial and operational requirements.
Tribal Finance, our specialized implementation of Dynamics 365 Finance, is the leading accounting software offering for tribes who need a robust and configurable system. This application features accounting, project management, human resources, and reporting all wrapped into one powerful tool. Finally, disparate systems, laborious manual processes, and data discrepancies are a thing of the past.
Dynamics 365 financial management application capabilities
Reporting is accurate. Data integrity is intact. Data entry is optimized, so errors are reduced. Tribal Finance, our key set of cloud-based accounting applications for tribes on Dynamics 365, gives you peace-of-mind with a secure environment and a reduction of paper-based processes. Staff members perform tasks more quickly, and governance is managed under one secure, integrated system.
General Ledger
Any modern and robust financial system starts with the needed functionality to set up your general ledger postings, chart of accounts, recurring journals, and source codes. The differentiator: Tribal Finance comes with a powerful, flexible, and easy to use chart of accounts and dimensional structure designed to provide a robust general ledger to meet the diverse funding sources used by a tribal government. Flexibility is key, and the dimensional structure brings huge benefits to its users and provides rule definition options which add dimensional reporting to all entry types.
Financial Reporting
Get rich insight into your financials with a comprehensive analysis of data from your general ledger across intuitive interfaces. Your data = your choice. Flexibility in row and column definitions allow you to analyze your data and combine it to produce accurate financial statements and reports. We help you navigate the complexity of multi-entity government and enterprise accounting with automated reporting customized to your needs.
Fund Accounting
The complexity of fund accounting is simplified by keeping all transactions and financial statements organized in a way that meets the unique requirements of different funding sources. Satisfy the specifications for fund accounting by recording inter-fund entries for A/P, A/R and General Journals. Intuitively, the system will tabulate and post the due-to and due-from entries on your behalf – enabling users to focus on more meaningful tasks while allowing the system to automate the fund balance entries throughout the application.
Project and Grant Management
Your ability to manage grants and capital projects as they happen in Tribal Finance is a functionality designed with tribes in mind. Budgets, encumbrances, requisitions, and actuals are fully integrated with your general ledger, purchasing, reporting and accounts payable to ensure capital projects adhere to budget requirements and grants are effectively tracked and appropriately spent.
Budgeting
We provide your tribal government with simplified, distributed budget planning designed with the budget controls you need to stay on target with operating expenses, grant funding, HR, fixed asset, and capital budget. This is fully integrated into the system to enable encumbrance management and budgetary controls to ensure programs, departments, and grants remain in check with budget spending.
Invoicing
With the power of Dynamics 365, the platform’s extensive invoicing capabilities equip you with:
- Member receivables tracking
- Project/Job invoicing
- Grant receivables
- Custom sales invoicing
- Recurring invoicing
- Revenue recognition
- Other accounts receivable management
- Collection management
- Cash and bank management
Procurement to Payment
In addition to invoicing, our procurement to payment functionality includes:
- Purchasing, inventory, warehouse management
- Web-based procurement, receiving, and accounts payable invoicing
- Travel requisition and web-based expense management
- Barcode and scanning for inventory and fixed assets tracking
- Paperless purchasing and accounts payable invoice workflows
- Vendor license management
- Document attachments – master records and transactions
Security and Compliance
Tribal Finance on Dynamics 365 meets industry privacy and security policies and maintains compliance certification to ISO-27001, ISO-27018, and WCAG standards.
Data is secured and encrypted in the cloud hosted environment as well as in transit to the user’s browser when viewing. Your data stays within defined boundaries to maintain overall security.
Mobility
Tribal Finance accounting software is accessible from anywhere and on any device via a web-based platform – giving your team the mobility and flexibility to work where and when they need.
Business intelligence for next-level insights
Enhance your data analytics and make reporting a breeze with the power of Dynamics 365 and Power BI to provide powerful insights to your tribal council and leadership teams.
- Utilize centralized reporting portals to give self-service reporting access
- Roles based security so users can only see what they need
- Consolidated financial and operational reporting
- Configurable dashboards with state-of-the-art visualizations
- Plan for the future with budgeting and forecasting
Ready to improve your tribal accounting software?
Microsoft’s continued commitment to innovation, backed by Arctic IT’s experience and expertise, means you can finally invest in modern technology with confidence. Our goal is to help you make decisions that deliver value to your tribal organization, and that’s a promise.
Connect with us today to get the conversation started.
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