10 Great Advantages of Using Microsoft Dynamics 365 ERP for Finance & Supply Chain Management

Microsoft’s Dynamics 365 is powered by Azure, allowing for your organization’s ERP and CRM to be deployed together. Available for any sized business, this end-to-end solution helps to break down silos, fuel business growth and streamline operations.

The Finance and Supply Chain Management applications are something CuroGens widely employs for its customers. Here are 10 great advantages to using these module:

Applications: D365 delivers a variety of purpose-built applications to help your business manage its day-to-day operation and supply chain. Available through AppSource, Microsoft’s online marketplace, it’s easy to find apps that specifically tailor to your business needs. Whether you’re searching for a specific payroll application or a document and report management solution, such as the one offered by Lasernet, you’ll find exactly what you need to round out the functionality of your ERP.

Scalability: Because D365 is based on a monthly subscription model, it’s incredibly easy for your business to scale up or down as needed. This is particularly helpful for seasonal businesses but also for fast-growing companies. As we’ve experienced with many of our own customers, once D365 has been implemented, their operational performance and productivity increase, thereby requiring the need to scale up quickly. D365 makes this a painless experience.

Predictability: Again, because D365 is based on a monthly subscription model, you’ll be able to easily anticipate your monthly operational costs. Because your organization is not on the hook for a large yearly license, you’ll never have to commit to more than the number of licenses you need for the individuals utilizing the solution. Even if your business needs to scale up or down, the predictability factor still remains. D365 makes it possible to build more effective business intelligence for clear, informed decision making—including forecasting for the number of licenses needed in future months.

Real-time analytics: Because D365 is cloud-based, your information will always be up-to-date. No more miscalculations due to a lag in your system or missing a key piece of data because it was being edited by another user. Within the Finance and Supply Chain Management modules, you’ll have the ability to adjust to changing financial requirements with a flexible, guided, rules-based chart of accounts, dimensions and global tax engine. Through predictive analytics, you’ll gain the trust of your customers by solving potential problems before they even arise.

Agility: With D365 for Finance and Supply Chain Management modules, you’ll be able to close your books faster, deliver more robust reporting and increase your profitability with precise business intelligence. Additionally, you’ll find your company is able to accelerate time to market and adapt the application to your needs with no code visual editors and tools that make it easy to build and deploy web and mobile apps.

Security: Because D365 is cloud-based and hosted via Azure, you’ll rest easily knowing that your data stays completely safe. Azure Security Center allows for a unified view of security across all of your workloads. You’ll be able to find vulnerabilities and remediate quickly as well as detect and respond swiftly to attacks while limiting your exposure to threats.

Accessibility: The demands of today’s modern workplace mean that you need to have fast and easy access to all of your solutions, files and data whether you’re in the office, on the road or on site at another location. Wherever you are in the world, you’ll have access to everything you need, all in real-time.

Automation: Within the D365 for Finance and Supply Chain Management modules, you can track values and reduce reporting errors with centralized, automated processes for managing your capitalized assets from acquisition through disposal.

Lowered costs with increased productivity: D365 Finance and Supply Chain Management modules foster optimal workplace productivity and efficiency with the ability to build role-based workspaces that provide intelligent automation, task prioritization and integration with Office 365. Financial process automation, budget planning and control allow for minimized operational costs. And because you’ll have a centralized financial management solution with robust financial intelligence and embedded analytics, you’ll propel margin revenue growth.

Compliance: Azure adheres to strict guidelines and ensures that all compliance laws for your region are followed. Additionally, you’re able to work with a single regulatory configuration format that can be used across multiple versions of Microsoft Dynamics 365 for Finance and Supply Chain Management and Microsoft Dynamics AX.

Ready to find out how Dynamics 365 for Finance and Supply Chain Management can save you money while increasing your bottom line? Contact us at learnmore@curogens.com for a free product demo.