Microsoft Dynamics 365 Overview
Microsoft’s Dynamics 365 is changing the way companies do ERP. Microsoft Dynamics 365 offers enterprise resource planning (ERP) software in the cloud with applications that unify CRM and ERP functionality to help you run your business end to end. These applications work seamlessly together to manage specific business processes across sales, customer service, and operations.
Dynamics 365 allows your company to grow, evolve, and transform every part of your business to meet the changing market and needs of your customers.
Dynamics 365: Business Functionality
Dynamics 365 centralizes financial management data across accounting, sales, purchasing, inventory, and customer interactions for an up-to-date, end-to-end view of your business. This allows you to make faster, more informed decisions when connected processes, predictive analytics, and real-time data guide you. It helps to streamline financial management tasks, and provides real-time visibility into the performance of your business so you can make strategic business decisions.
Dynamics 365 increases visibility across your entire supply chain to reduce inventory costs and help keep customers happy. Using built-in intelligence, Dynamics 365 enables you to predict when and what you need to replenish to avoid shortages and lost sales. You can post a sales credit memo and manage customer refunds, and ensure you never lose a sale because of unavailable items. In addition, with a few clicks, you can get a detailed view of your inventory, regardless of its location.
With Dynamics 365, the entire sales cycle is faster. Since this ERP is so integrated, you are able to shorten the time from quote to cash as sales and accounting systems are connected. You can track customer status from email, to order, to invoice. Further, the software allows you to prioritize leads based upon revenue potential and opportunities throughout the sales cycle.
Monitor and control your purchasing process through automated workflows and dynamically updated inventory levels. Prevent unnecessary or fraudulent purchases by implementing approvals, plus modify a posted invoice in your financial management system and register the correction without hassle. Features include the ability to record the cost of purchase and track accounts payable by creating purchase invoices and orders; stay in control of expenses by implementing advanced workflow and approval structures; and automate tasks for vendors to record your agreements concerning discounts, prices, and payment methods.
Benefits of Adopting Dynamics 365
Empowering employees: Give your employees familiar tools and actionable insights so they can do their best work
Optimizing operations: Anticipate and manage business needs with more intelligent processes and predictive guidance
Transforming products: Innovate new business models, automate processes, and shift from being reactive to proactive
Is Dynamics 365 Right for Your Company?
Learn if Dynamics 365 is the right ERP software for your company and see what options are available. ArcherPoint works closely with proven solution providers to extend the value of your Dynamics 365 software and we can help you get the most out of your software.
Contact us today to learn more.