If you already use some older version of Microsoft Dynamics AX, you may question the need of upgrading to Microsoft Dynamics 365 for Finance and Operations.
![microsoft dynamics 365 finance microsoft dynamics 365 finance](https://static.packt-cdn.com/products/9781787283336/graphics/9726d78e-c242-4fde-b51d-a312208c0f75.png)
MICROSOFT DYNAMICS 365 FINANCE UPGRADE
Source Why Upgrade to Microsoft Dynamics 365 for Finance and Operations? It means you will not waste extra money and will not attract third parties for integration and customization, as it often happens with smaller providers. According to Infoclutch, Microsoft Dynamics 365 for Finance and Operations owns 62.7% of the total enterprise application market share.Īll Microsoft solutions are highly flexible and compatible. Microsoft Dynamics meets all these demands, which makes it popular among many users.
MICROSOFT DYNAMICS 365 FINANCE SOFTWARE
At the same time, they seek ways to reduce costs and avoid extra software burden. They are looking for visionary tools that help to predict the development of the company both now and in the future. Microsoft cares about its reputation and invests heavily in the development of its products.īusinesses today welcome integrated systems that provide visibility and insight into every single activity within the organization. If we sum them all up, one can see that, though seemingly expensive, Microsoft Dynamics platforms are worth every penny. Sounds lovely to have one unified solution instead of multiple software pieces, doesn’t it? Why Microsoft Dynamics?Ī small amount of research is enough to run into hundreds of positive reviews on Microsoft products. And you get much more business opportunities with all data consolidated under the one ERP roof. ERP consolidates the information provided by various sub-systems, like CRM, SCM (Supply Chain Management), HRM (Human Resource Management), and others.ĬRM, though it may be used separately, becomes just one component of your ERP if you decide to implement it. Thereby, it aims at both marketing and distribution. It manages all business processes of the entire enterprise, including relations with clients, resource planning, logistics, analysis, cost reduction, etc. It helps to attract leads, build positive long-term relations with customers, and, thus, increase sales.ĮRP is much more complex software. The major task of CRM is to manage company-client relations. Terms such as CRM (Customer Relationship Management) and ERP are still subject to confusion for many SMBs. Why Bother with ERP if I Already Have a CRM? The main difference besides functionality is deep integration in Microsoft Cloud infrastructure and a new approach to upgrades. Compared with the previous versions of MS Dynamics AX, it has extended functionality, AI-based predictive options, and enhanced role-based UI. Microsoft Dynamics 365 for Finance and Operations (formerly known as Microsoft Dynamics AX) is the latest, cloud-based version of this platform. Its deep functionality helps to manage finances, staff performance, and operational processes within the company. It works in five major industries: manufacturing, distribution, retail, services, and the public sector. Microsoft Dynamics is a unified ERP solution for SMBs and enterprises. Just a little remark for those who are not yet regular users of Microsoft Dynamics products.
![microsoft dynamics 365 finance microsoft dynamics 365 finance](https://queueassoc.com/wp-content/uploads/2020/01/Dynamics365Hero.png)
In this article, we will provide answers to the three most frequent questions our clients ask in the course of deciding in favor of Microsoft Dynamics 365 for Finance and Operations.
![microsoft dynamics 365 finance microsoft dynamics 365 finance](https://miro.medium.com/max/1008/0*TlC-IIHA1n8oAEqG.png)
Whether you are considering upgrading to Microsoft Dynamics 365 for Finance and Operations or just questioning the need for ERP (Enterprise Resource Planning) software, knowing the product benefits will help you to make a calculated decision.