Artificial intelligence (AI) used to be more ubiquitous as an aspect of science fiction and Hollywood rather than commerce and industry. However, thanks to tech developments over the past decade, it is quickly becoming an important differentiator in driving business success.
Businesses are laboratories of innovation; many businesses have claimed competitive edge by adopting and embracing innovation before others did. A good example of this is Netflix, a company that was able to recognize that emerging technologies would eventually become the norm and the conventional way of delivering and watching video content.
Supply chain management (SCM) is the management of the flow of goods and services. It can be a nightmare, especially whenever all the moving parts are in full swing at once, and the problem can be exacerbated if the systems in use are outdated and don’t automate enough.
As tech companies scramble for market lead, businesses are left with a bigger and better selection of products, and that includes ERP solutions. One of them may have further elevated the Microsoft brand to unreachable heights: the Dynamics 365 Business Central.
Microsoft hit a homerun when they released Dynamics 365 Business Central earlier this year. This all-in-one, cloud-hosted business solution continues to be the choice enterprise resource planning (ERP) system for countless businesses around the world. If you’re still on the fence about implementing this robust ERP, read along.
Staying competitive in an industry as fast-paced and process-heavy as manufacturing is no cinch. Companies constantly strive to enhance production cycles to increase output in less time. And when the solutions that once supported your operations begin to drag you down, you could face massive problems.
Automation makes use of technology or machines to perform redundant tasks or functions once done by humans thought to be difficult to do.
Today, many industries need to streamline operations and choose the workflows designed to increase efficiency and reduce cost.
The importance of effective budgeting can never be overstated. If funds are used and allocated properly, you can expect improved operational efficiency. This is where Business Central is fundamental. It encompasses all functionality seen in top-notch enterprise resource planning (ERP) solutions, including financial management.
Technology is changing at a rapid pace. Companies are doing everything possible pulling out all the stops to stay ahead of the competition, which is why many have upgraded to a more functional, scalable ERP system.
But before you make that vital decision, it’s a great idea to step back and assess your current system’s performance.
If you’re a process-minded organization that’s constantly looking for new technologies to meet your current and future needs, an enterprise resource planning (ERP) solution is a must-have. Many small- and medium-sized businesses (SMBs), however, are quick to say that deploying such a system is too complicated and disruptive.