ERP is an acronym that stands for enterprise resource planning (ERP). It is a business process management software that manages and integrates a company’s financial, sales, marketing, supply chain, operations, manufacturing, and human resource activities.
As a company’s needs change and expand, their ERP systems should have the ability keep up with them. However, current research shows that more than 60% of businesses using at least one ERP system still rely primarily on an on-premise solution. This reliance on out of date solutions may be impacting the functionality and profitability of these businesses.
Companies simply need to be faster, smarter, and more streamlined—and cloud-based ERP solutions, especially when integrated with other potent productivity tools, are built for that outcome. Furthermore, Microsoft have worked to build the most functional, encompassing cloud-based solution on the market.
Inevitably, many companies are recognising a need for change and for this reason, interest in cloud-based ERP solutions has been surpassing interest in on-premise models since 2017.
This equates to a new paradigm in the ERP industry. It is no longer about simply moving to the cloud. It is about harnessing the power of a fully cloud-based set of business solutions to turn today’s most advanced tools into practical applications that drive the performance that modern companies need.
Dynamics 365 unifies business operations across finance, manufacturing, inventory, and transportation management with an intuitive user interface for running game-changing, modern global enterprises. It is more than just an ERP— it’s a continually optimized set of per-industry benchmarks that gives companies the tools to make smarter decisions.
SaaS models like Dynamics 365 also drastically reduce the legwork needed for platform upgrades. Once they are set for deployment, updates can simply be pushed out digitally by the vendor to all licenses. These are almost immediately ready for use, as opposed to being installed one machine at a time by IT specialists. Issues related to time and effort are almost completely neutralized.
Read this e-book to understand the advantages you gain with a cloud-based ERP, like Dynamics 365 including:
Dynamics 365 provides the integrated tools and support essential to helping secure overall business viability into the future. Regardless of where you are in your journey to the cloud, our experts can help build a migration strategy that aligns to your specific business challenges.
Join our Dynamics 365 CRM Bootcamp & Training on Tuesday September 10th 2019 to learn more about how Dynamics 365 can benefit your business.