Too often, businesses stick to their existing resource management systems out of habit and to avoid the perceived hassles and costs of upgrades. What many managers don’t realize is that they may be wasting resources and earning potential by not shifting to a newer and better enterprise resource planning (ERP) system.
Upgrading or migrating to a new enterprise resource planning (ERP) system goes beyond just picking out software. If you’re serious about cost-efficiency and savings, you’ll need to choose the right ERP partner for deployment and support.
Never blindly dive into such a long-term commitment.
Enterprise resource planning (ERP) systems rely on huge blocks of live data to generate accurate reports and perform the right actions. Naturally, it’s important to secure business data. Poor data practices will surely expose a company to regulatory audits, not to mention ruin its reputation and loss of customers and investors.
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.
Many businesses are wary of adopting an enterprise resource planning (ERP) system for their organization. This is because many publicly available surveys show that almost half of ground-up ERP implementation projects fail. For small- and medium-sized businesses (SMBs), that’s a risk they aren’t willing to take.
Microsoft Dynamics 365 is one of the industry leaders in enterprise resource planning (ERP) and customer relationship management (CRM). Unlike many competing products, it includes the full range of back-office business applications instead of having to implement and integrate separate ERP and CRM systems.
Enterprise resource planning (ERP) apps are a common business tool nowadays, as more and more companies are discovering that this tool gives them a competitive edge. Many businesses still make use of a traditional on-premises ERP, until they realize they need to access data on the road or that purchasing and hosting another server is too expensive to do.
It is advantageous for businesses to seek any kind of competitive or operational advantage, including improving how they manage their resources. Dynamics 365 is a powerful enterprise resource planning (ERP) solution for small- to mid-sized businesses (SMBs). It combines both financial and customer management into an integrated, cloud-based, end-to-end platform that businesses can use to improve efficiency and drive growth.
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.