Enterprise resource planning (ERP) software is designed for any company looking to consolidate their management systems for financial, marketing, supply chain, and even HR functions into a single, easy-to-use software. This may sound like something geared towards larger corporations, but in fact can lead to great benefits for smaller companies as well, especially those still growing.
With this in mind, the next question comes to what program to use and why. To break this down, it's best to look at the top four things you should look out for as a small business looking to invest in an ERP:
Make sure the ERP is user friendly
For smaller businesses, it is less likely there is a big IT team ready to help at a moment's notice, and therefore, the more user-friendly a software is, the better.
Reviewed by Finances Online, Microsoft Dynamics scored a 4.6/5 with a 96% user satisfaction score. This score relates to how easy it was to train new employees without former ERP experience.
Dynamics 365 works seamlessly with Microsoft 365 (formerly known as Office 365), which includes collaborative tools such as Outlook and Microsoft Teams. Other than those collaborative tools, it includes Microsoft Office such as Words, Excel, etc. And on top of that, Dynamics 365 works perfectly with any device, even with your smartphone!
The reason for this ties back into how user-friendly the software is. Unlike other systems designed for larger businesses, Microsoft Dynamics is easily modified by the user and therefore can adjust to fit the exact needs of the company as it develops.
Designed with growth in mind
Digital transformation represents the opportunity for businesses to think and operate like digital companies in the way they
engage their customers, empower their employees, optimize their operations and transform their products. Dynamics 365 can be the first step into your digital transformation. With artificial intelligence (AI) integrated, Dynamics 365 unifies all its intelligent business applications that helps you run your entire business and deliver greater results through predictive, AI-driven insights.
The right ERP for your company will not only help innovate how you operate your finances, etc. but should also save your company time in doing so.
The Forbes article, Which ERP Systems Are Most Popular With Their Users? shows an analysis of multiple companies interviewed on the topics of innovation and time management between competing software.
Under both categories, Microsoft Dynamics ranked highly for company satisfaction. Microsoft Dynamics 365 multi-channel business applications are built to generate fast innovation through artificial intelligence (AI), engagement, social, and mobile capabilities.
The cost of an ERP should be affordable
The most obvious thing to look for is making sure your ERP doesn't break the bank.
For the ultimate list of price comparisons for ERP software, take a look at Software Advice. Their search engine makes it easy for anyone to compare ERPs for any type of business.
If interested in a free trial with Microsoft Dynamics, click here.
For reviews from real users, be sure to check out Finances Online's review page where users can not only comment on their current software but compare other companies as well.
Also, consider reading Forbes' What SMBs Should Consider When Choosing An ERP Solution for more information on our suggestions for what to look for when comparing ERPs.
For example, Dynamics 365 Business Central users are $70 per user/month. This allows getting started with the solutions a low up-front cost for any organization. You can read more about Dynamics 365 BC pricing here.
Visit our website's solutions to learn more about our solutions in order to further your understanding of financial and business management systems. Team up with a certified Microsoft Gold Partner to make your migration to the cloud seamless. If you have any questions regarding Dynamics 365 or other ERP/CRM systems, contact us.