Is Dynamics 365 the Best ERP Solution?

The “Best” ERP is the one that suits your business requirements, caters to your business problems, suggests time-saving solutions, and simplifies complex processes. Microsoft Dynamics 365 (D365) is uniquely positioned in the ERP software market as one of the best ERP systems in the industry, used by organizations in diverse industries and regions around the world. The product is broad and scalable enough for some of the world’s largest organizations, yet flexible enough to meet the needs of the burgeoning small/midsize organizations. You can find or build every business-related functionality in D365.

As Microsoft Partner, we have experienced the good as well as the bad phases of D365 implementation or support projects. In this article, we are going to outline some of the benefits of Dynamics 365 that can help your business grow exponentially.

Microsoft Dynamics 365 Overview: 

Microsoft Dynamics 365 is originated through the acquisitions of various legacy products like Great Plains, Axapta, and Navision known as Dynamics GP, Dynamics AX, and Dynamics Nav nowadays. These put together to form a basis of a single platform D365. D365 comprises two versions:

1. Dynamics Finance & Operations (D365 F&O): Used by Large organizations with complex processes.
2. Business Central (BC): Used by small and mid-sized organizations.

1. User Experience: Powerful and easy to use. It is a user-friendly GUI and documentation adds to its beauty. One advantage of using this product is that it becomes easy to get the grasp of D365 for users who have been using Microsoft Office, Excel sheets, SharePoint, and other Microsoft productivity tools. It becomes easy to navigate and reach the right setting in D365 once we have set up Master data properly, which is a onetime activity. Proper documentation is available over the internet reduces the effort, unlike other ERP tools where documentation and its availability are a major issue.

2. Integrated with Microsoft Business suite: Let us tell you that “INTEGRATION” is the basic reason for the origin of ERPs. Updating different organizations with real-time data was a bottleneck in the fast-paced market. Traditional systems led to opportunity loss, unreported data and much more harm than good. This new era ERP product is flexible enough to integrate with third-party systems and other Microsoft tools like Power BI. Workflow configuration makes it easier to meet specific business requirements when it comes to integrating with third-party systems than other ERP products.

3. Secured Data: Irrespective of your business location, your crucial data is safe in the Microsoft cloud. Microsoft Dynamics 365 and other Microsoft applications are hosted on Azure platform. Azure has secured data centers that are protected from external threats with multiple layers of protection. The inbuilt authorization privileges, authentication facilities, role assignments and other security controls make your application safer.

4. Automate manual activities: There is no need to waste your time on tasks that can be automated by a simple piece of code. D365 and Power Platform Solutions can help you build connected processes to replace repetitive tasks. Triggers can be set to generate guided processes as a response to actions. For example, automated approval requests or email alerts.

5. Actions driven by Data: With Dynamics native dashboards, Power BI visualizations, and embedded AI capabilities, users can uncover meaningful insights. Real-time reporting across the metrics that are most important to you so that you can move closer to your targets. Embrace data-driven culture to make informed decisions because there is no scope for a single mistake in this highly competitive market.

6. Nourish and Increase Customer leads: In a growing organization, product marketing is as important as its core product quality. The same applies to service sector companies. It becomes hard to nourish a customer lead or generate customer lead as the customer database increases. With Microsoft Dynamics specialized functionality for lead generation and nourishment, you can ensure to improve your customer conversion rates.

7. Reasonable pricing: Microsoft Dynamics has an immense advantage when it comes to pricing. D365 charges comparatively less and offers more when compared to other ERPs. It is an affordable and compact ERP Solution for SMBs (Small and Medium-size Businesses) and at the same time it increases profit margins and provides scalable solutions for bigger organizations.

8. Business Anywhere Anytime: Dynamics 365 has completely revolutionized the way business works. Different applications throughout “AppSource” are on the cloud and can be plugged in to be used anywhere anytime. Users are assigned roles as per their specialization, they can access real-time data anytime due to its excellent integration with all internal or external applications. Dynamics 365 apps and connected Power Apps can handle any repeatable workflow and access relationship detail.

9. Regular Updates: It is understood that we can trust Microsoft for its commitment to improve products. Microsoft invests an enormous amount, resources, and efforts on R&D and, as a result, publishes two major D365 releases every year. Along with that, there are weekly updates to continuously innovate the product and Power platform capabilities.

10. Data unification: Microsoft Dynamics not only integrates with business components but also with external data sources, flat files, cloud services. All these scattered applications refer to the only source of truth. This reduces data redundancy, processing time, and cost of transactions.

Need help with Microsoft Dynamics 365? 

Dax Software Solutions as a Microsoft Partner can help you with all Dynamics application issues. If you want to gain a competitive edge over others in this highly competitive market, then you are in the right place. We can help you in migrating from an existing system to an innovative platform. We can also help in smoothly operating pre-existing D365 applications at a reasonable cost. Our extensive services, experienced consultants, international Dynamics partnerships, and centralized project management can exceptionally simplify your business. We focus on delivering business-centric solutions relevant to current market scenarios. So that you get durable solutions to your business problems and achieve your organizational goals.

Contact us today to know more.

Email: [email protected]

Ph: +1.818.568.6460

Read more on Dynamics 365 ERP here.