Are you an entrepreneur? Are you considering bootstrapping a startup? Or have you received your first round of venture capital funding, and your business needs to grow to the next level? Yes, your business can be where you are ready to grow it into a mature one. Here is how Microsoft dynamics 365 business central can help.
The stage in the growth of your startup is not pertinent to this discussion. What is important is that your entrepreneurial venture is at a point in its lifecycle where you are ready to grow it into a mature, stable business.
Software Applications: Driving Business growth
Driving business growth includes customer relationship management, keeping records of sales and purchases, writing business proposal documentation, as well as implementing and streamlining business processes.
Traditionally, to complete all of these tasks you will need to install and configure an email client, word processor, a spreadsheet application, accounting software, and CRM (Customer Relationship Management) software. In other words, you need to purchase at least six separate software applications.
At this point, it is vital to remember that the information contained within each program is often needed in the other applications mentioned above. Therefore, the data will be duplicated which is never a good thing as duplicate copies of the same information can lead to errors.
Thus, the following questions should be asked and answered:
Is there a single Enterprise Resource Management (ERM) tool that consists of all of these individual applications?
And, how simple is it to migrate the data that you have already gathered into this ERM application?
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Microsoft Dynamics 365 Business Central: The Essential ERM
The good news is that, yes, there is a single ERM that you can use to manage your business. And, by consulting usedynamics.com, you will find a comprehensive list of guides to implement this ERM successfully and migrate your data across.
Apart from the distinct advantage of using an integrated environment to manage all aspects of your business, the additional benefits of implementing Microsoft Dynamics 365 Business Central are:
Hosted in the cloud
Because this solution is cloud-based, it reduces the cost of managing computer hardware and software applications. Furthermore, it reduces the need for your business to implement network security measures to mitigate the risk of hackers gaining access to your system and stealing sensitive data.
A cloud-based solution also allows you and your staff to access your information from anywhere in the world. All you need is an Internet connection and a device that you can use to log into your account.
Reduces cost
The purchasing and maintenance costs (including salaries) of computer hardware like servers, equipment to set up a network like routers, cables, and access points, as well as firewall hardware and software, can be prohibitive for an entrepreneur. Therefore, signing up with an ERP that is cloud-based takes away the need for all of this expensive equipment.
Software updates and upgrades automatically implemented
Application software and computer server hardware are upgraded and updated on a regular basis. Because you do not store your data on local servers, nor are you the ERP system owner, you do not need to upgrade your software or hardware. Not only does this fact reduce the cost of running your business, but the continual updates by the solution owner also ensure that your data remains protected at all times.
