Is it time to look at new Business Software?
The certainty of death and taxes is a given; less so the inevitability that, one day, the end will come for your existing business software. Fortunately, when it does, there is much that can be done to alleviate the soul-searching and perplexity when it’s time to upgrade, evolve and get with a new programme.
Business growth invariably brings an increase in transactions and operational complexity and, without the software technologies to adapt the processes required to handle that rise, your performance, and potentially your profitability, will suffer. Whatever the size of your organisation, simply relying on your latest version releases and putting off an upgrade of your ERP software because of fears over data syncing or cost do not make good business sense.
The five signs it’s time to switch to more sophisticated software
1. You have too much data on too many systems
Accessing, correlating and managing data that’s spread across disparate systems is time-consuming and risky. Integrating your disparate ERP, CRM and legacy software systems will unify your business operations and give you a complete, end-to-end view of your business and see your data silos eradicated.
2. You have no real-time reporting
Business insight is king; without real-time access to your data and insights, you’re foregoing the informed decision-making, performance analysis and tracking capabilities that are key to modelling and predicting for future success. Add a switch to a cloud-based ERP and everyone can have access to all the real-time, business critical data they need instantly.
3. You’re not as agile as you should be
Without the tools that manage your resources, track your invoices against your costs and ensure your projects are as profitable as you’ve calculated, your performance will suffer. Your business software should be giving you the insights and metrics to help you develop, modify and control your projects – and keep your agility optimised.
4. Your supply chain isn’t as economical as it needs to be
A secure, automated supply chain will enable you to predict when inventory levels should be replenished and help you exploit vendor discounts and avoid penalties. Business software that calculates stock levels, lead-times and reorder points will mean you’re saving time and cost – and achieving the ROI from your system that you should be.
5. Your sales and customer service could work smarter
You want to deliver value to your customers at every touchpoint, to prioritise sales leads based on their potential revenue and upsell and cross-sell throughout the sales lifecycle. If you’re failing to do that, it’s only a matter of time before your sales productivity and your customer relationships will fail too.
Introducing Dynamics 365 Business Central and Dynamics NAV
If any of these factors are striking a chord with you, it’s time to explore your options with a partner who speaks your language, understands your industry and has the proven experience of ERP solutions to help you upgrade your system with all the ongoing support you need on the world’s leading ERP software systems.
Dynamics 365 Business Central is an end-to-end business management system that manages all your finances, operations, sales and customer services – and is geared to unifying smaller business operations and supporting them as they grow and change. Dynamics NAV, meanwhile, is an open source, functionality rich solution that covers all the traditional elements of an ERP package. Designed for mid-market organisations, it’s supported in over 100 countries worldwide and used by over 1,000,000 people every day.
Both Dynamics 365 Business Central and NAV are simple to use, yet highly scalable and can be implemented seamlessly with a refreshingly low total cost of ownership and high return on investment from first use.
If you want to find out more about Microsoft Dynamics 365 Business Central or NAV and would like to arrange a free demonstration, contact the TVision team.