MICROSOFT SMALL BUSINESS MANAGER LAMAR’S DONUTS OF SOUTHERN COLORADO Solution Overview Industry Restaurant Microsoft Business Solutions Partner Skotty Consulting Group, Inc. Colorado Springs, Colorado, USA Scenario LaMar’s Donuts of Southern Colorado is a small business with big plans for growth. The company searched for a scalable, full-featured financial solution that would help them reach their goals. LaMar’s Donuts of Southern Colorado realized that QuickBooks lacked the ability to handle multiple store locations or the company’s accounting system needs. By switching to Microsoft® Small Business Manager, they now have a flexible financial management system that will grow with the company. LaMar’s Donuts of Southern Colorado owns and operates multiple LaMar’s Donuts franchises in Pueblo and Colorado Springs, Colorado. The popular donuts—first created by Ray LaMar in 1960—often win taste-test competitions over both local and national competitors. Currently, the company operates three stores but they have plans for several Company Profile LaMar’s Donuts of Southern Colorado is a growing franchisee of the LaMar’s Donuts chain of stores. more stores and strong future growth. Benefits Microsoft Small Business Manager provides LaMar’s Donuts of Southern Colorado with an efficient, easy-to-use financial solution that’s scalable and provides managers with vital, decisionmaking information. When LaMar’s Donuts of Southern Colorado opened their first franchise store they used Software Used Microsoft Small Business Manager Business Management Suite US Payroll Demographic Information Number of Employees: 60 Number of Sites: 3 Number of Users: 1 Migrated from QuickBooks QuickBooks Comes Up Short QuickBooks as their financial software. Ruth Mondragon, CFO for the company, soon realized QuickBooks lacked the functionality they required and couldn’t easily handle additional stores. “I had done two to three months in QuickBooks and I told my boss that this isn’t the software for a growing company. It wouldn’t track separate locations or consolidate data,” she says. Mondragon contacted Microsoft Business Solutions and was put in touch with reselling partner Skotty Consulting Group, Inc. of Colorado Springs, Colorado. Skotty Consultants implemented Microsoft Small Business Manager for LaMar’s Donuts of Southern Colorado and the company is enjoying significant benefits. Small Business Manager is the Right Solution According to Mondragon, the first area that saw improved efficiency was payroll. “From start to finish in QuickBooks, payroll would actually take about six hours. In Small Business Manager, it’s probably only a two-hour process,” she says. Small Business Manager also easily separates management salary from hourly employee salary. The US Payroll module is so easy to use that prior to leaving for a vacation, Mondragon showed an employee with no system experience how to run final paychecks. In the space of one payroll run, Mondgragon taught the novice how to perform the task flawlessly. The business is expanding quickly and Small Business Manager easily handles the changing financial situation. The software manages each store separately through the individual account number structure and painlessly combines all the data so they have a complete, overall picture of the company at any time. As the organization continues to grow, their financial software now easily scales with the business. Mondragon says the company has an aggressive growth model and she fully expects Small Business Manager to handle that growth. MICROSOFT SMALL BUSINESS MANAGER “Small Business Manager is cost effective for a small company, but you still get the same reporting that big corporations get with their much more expensive software.” The variety of reports the software produces provides Mondragon and the company Ruth Mondragon Chief Financial Officer LaMar's Donuts of Southern Colorado doesn’t mean you should have to compromise on the types of reports you get.” owners with a detailed view of the organization’s financial health. “The financial reports that Small Business Manager set up are exactly what we wanted. They are presented in a format we’re used to and I had to do very little customizing,” she says. “We can look at the reports and easily tell where we’re at in each store. Just because you’re a small business “The cash flow calendar is very beneficial. We’re a small company so cash flow is an issue and we watch it every day,” Mondragon says. The cash flow calendar function shows the company how much money they have at any given date which allows for improved budgeting of purchases. This benefits small or startup companies that may not yet have larger cash reserves on hand. Positioned for the Future With Small Business Manager, LaMar’s Donuts of Southern Colorado is ready for continued business expansion because the software easily scales with growing business needs. The company is also ready for a future Microsoft Business Solutions software expansion, if required. If the business grows to the point that they need a financial system designed for larger organizations, the amount they paid for the Small Business Manager license is credited towards the purchase of Microsoft Business Solutions–Great Plains®. Benefits LaMar’s Donuts of Southern Colorado receives many benefits from their Microsoft Small Business Manager solution. US Payroll—The software automatically processes payroll, allowing the company to maintain control and respond to employee requests more quickly. Reporting—Reports are easy to produce, informative and easy to understand which will allow for improved decision making. Flexibility—QuickBooks was unable to handle the company’s need for 13 fourweek fiscal periods per year but Microsoft Small Business Manager easily configures to custom accounting systems. consolidates data from multiple sites which gives the company an accurate view For more information about Microsoft Business Solutions, visit www.microsoft.com/BusinessSolutions © 2003 Microsoft Corp. All rights reserved. Microsoft and Great Plains are either registered trademarks or trademarks of Microsoft Corporation or Great Plains Software, Inc., in the United States and/or other countries. Great Plains Software, Inc. is a wholly-owned subsidiary of Microsoft Corporation. The names of actual companies and products mentioned herein may be the trademarks of their respective owners. This document is for informational purposes only. MICROSOFT BUSINESS SOLUTIONS MAKES NO WARRANTIES, EXPRESS OR IMPLIED, IN THIS SUMMARY. Ability to handle multiple stores—Microsoft Small Business Manager easily of financial data and allows them to grow without the need for new software. Improved access to information—SmartList queries allow for quick access to account information. Drill-down capabilities allow users to see more information, print or export the search results or display them on the screen.