What are the main benefits of implementing Dynamics 365 ERP?
Implementing Dynamics 365 ERP can lead to several key benefits, including increased profitability through enhanced decision-making and real-time visibility into operations. Organizations have reported improvements in areas such as accounts receivable, inventory turnover, and order accuracy, contributing to a projected benefit of over $1.2 million in three years. Additionally, productivity gains from streamlined processes and automated workflows can save employees between seven to 15 hours per week, translating to a value of approximately $8.9 million over the same period.
How does Dynamics 365 ERP reduce IT costs?
Dynamics 365 ERP helps organizations reduce IT costs by migrating to a cloud-based solution, which diminishes the need for extensive on-premises infrastructure and support. This shift can lead to savings of about $3.9 million over three years by offloading costs related to IT support, disaster recovery, and maintenance of legacy systems. The unified platform also simplifies operations, reducing the complexity and costs associated with managing multiple disparate systems.
What challenges do organizations face before adopting Dynamics 365 ERP?
Organizations often struggle with siloed data and fragmented operations when using legacy ERP systems. These challenges include excessive manual efforts for data collection and reporting, inflexible systems that hinder growth, and increased cybersecurity risks. Many companies find that their legacy solutions are outdated or overly customized, making it difficult to adapt to changing business needs and market conditions. This can lead to inefficiencies and higher operational costs, prompting the need for a more integrated and scalable solution like Dynamics 365.
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