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 If your business continues to run on outdated technologies, you can prepare to get shoved out of the competition.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 Enterprise resource planning (ERP) technology is evolving rapidly, and if you keep using your outdated legacy Dynamics systems, it will affect your bottom line.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.
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You’ve done your research and decided to invest in an enterprise resource planning (ERP) solution. Now you need to decide which of the many options makes the most sense for your needs. If you Google “Best ERP solution,” Microsoft’s Dynamics software is showcased in each of the top five results.
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.
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.