Benefits of an ERP
There are plenty of benefits of an ERP solution for businesses of all sizes and industry. Businesses face multiple challenges that will stunt business growth and prevent businesses from engaging with customers.
These challenges often stem from limited tools and processes where the main culprit are usually the accounting or finance software or stand-alone business management systems.
ERP solutions include the core functionalities required to effectively run a business, including Financial Management, Sales & Service Management, Project Management, Supply Chain Management, Operations Management and Reporting & Analytics. Integration between modules means that all your people have access to the information they need where they need it, when they need it.
Below are some examples to illustrate the benefits of an ERP:
Connect your business.
The integrated business solution removes silos for seamless information flow between people and processes. All your data is available in a timely manner so that your employees can deliver better customer service. Having all the information at their fingertips allows them to focus on the customer instead of finding the right data.
Connect with your customers.
Improve your communication with customers with a 360-degree view of each customer and ability to drill down the historical information of each customer. This also allows you to personalize the offers for each customer according to historical information.
Do business anywhere.
With Dynamics 365 Business Central, you will enable your people to do their work anywhere, enter orders from the field, confirm inventory status or deliver better customer service with full interaction history.
Improve your insight.
Decision makers have full access to all data and information in real-time through interactive dashboards and flexible KPIs tailored to individual user roles. Gone are the days where there is a need for time-consuming report preparation process that can also be inaccurate.
Start quickly and scale when you need.
Choose only the modules that you need to begin and you can extend the functionalities with 3rd party solutions offered in the AppSource marketplace. This gives businesses the flexibility to add on only when the need changes or business grows. Businesses can easily scale the system without needing additional hardware or changes.
Security & Safeguard for business.
ERP delivers advanced security and role-based workflows, as well as guaranteed uptime and data backups. This means you can focus on your business and not managing your infrastructure.
While replacing and migrating your existing business solution to a cloud-based solution may seem like a big step, the benefits far outweigh the risks.
Below are some challenges that you can easily solve with an ERP implementation
- Systems are disconnected, information is siloed and you need a lot of time and effort to find the right data
- Inability to handle increased transaction and inventory
- Time-consuming task of preparing reports and sometimes are not accurate
- Manual processes are slow, cumbersome and repetitive
- Lost of productivity because of disconnected systems and the constant need to switch between different business systems
If you are still using a legacy system that is holding you back, or an entry-level business management system that is not able to cater to your requirements and needs
The right partner for your new Enterprise Resource Planning solution
MicroChannel are the experts in managing and migrating ERP to Business Central. We help businesses make the leap towards digital transformation and offer solid experience and methodologies you need in implementing your new business solution.