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whenever all the moving parts are in full swing at once, and the problem can be exacerbated if the systems in use are outdated and don’t automate enough.
Businesses today demand metrics and data to measure success; for this reason, there is a huge demand for business solutions that can provide substantial information to drive company growth.
One such analytics service is Microsoft’s Power BI, a platform that delivers insights to enable fast, informed decisions.
Insights are important to any sales strategy because they paint a picture of the sales situation, both from micro and macro points of view. Proper use of this data helps increase conversion, create connections with prospects, and develop strategies for automated sales execution.
Microsoft’s Dynamics 365 Business Central’s power and technological capabilities are invaluable to small and midsized businesses (SMBs) looking for a scalable solution. It is a cloud-powered end-to-end solution that gives users an intuitive, modern experience that is designed to maximize productivity while optimizing business processes.
Providing consistent and reliable customer service ensures your business keeps its customers loyal and satisfied. However, complex services also mean complex management, and without a coherent, easy-to-configure tool, your business may find itself struggling with tracking and managing service actions, which is an inefficient way of utilizing your resources.
People nowadays are perpetually connected to the things that fuel their lives: work, family, passion, and play. And the world of business is no different. As a result, we’re constantly finding new ways to stay connected another in the most seamless and painless manner possible.
Unlike a retro vehicle or fine wine, old accounting systems don’t get better with age. In fact, they can hinder growth due to factors like lack of flexibility, incompatibility with modern systems, and vulnerability to cyberattacks. If your business continues to run on outdated technologies, you can prepare to get shoved out of the competition.
Outgrowing old practices is inevitable with progressive businesses. Those old devices and software you have relied on for years may not work as effectively now that you have expanded your business. Enterprise resource planning (ERP) technology is evolving rapidly, and if you keep using your outdated legacy Dynamics systems, it will affect your bottom line.
Microsoft recently announced that they will no longer be supporting Microsoft Dynamics GP 2013. That means they will stop releasing bug fixes and improvements in the future. Even third party-compatible apps won’t be updated anymore. How does this affect your business in South Florida?
Companies that make good use of technology are the ones that lead the way, which is why many businesses have embraced digital transformation.
Not many industries are as rife with challenges as the hospitality industry. Being part of a service-oriented sector, hotels and inns are faced with so many challenges that can easily fold the unprepared. Those that find opportunities amid all the chaos are most likely to prosper.