Dynamics GP is an enterprise resource planning (ERP) software purchased and improved by Microsoft from Great Plains. It gives businesses the ability to run processes, including business intelligence, financial management, business reporting, inventory, procurement, supply chain management, and project accounting.
This ERP software helps businesses to easily manage back-end operations (e.g., accounting), allowing it to run smoothly on a day-to-day basis. Although Dynamics GP doesn’t have the entire set of features provided by CRM software, it also provides service and sales capabilities.
What Are The Benefits You Can Get From Using Dynamics GP?
There are multiple reasons why a business might use Dynamics GP as their ERP software. The said system is a proven product used as early as the 2000s. Since Microsoft purchased the software, Dynamics GP is associated with a trustworthy company.
GP has a robust network of professionals and partners. They’re available to help you and your business achieve your ERP goals. These partners developed a wide variety of solutions that cater to specific needs within various industries.
Microsoft has made sure that GP is a robust ERP software that provides extensive functionality. Only a minimal amount of customization is necessary. You can easily achieve extended capabilities due to the vast array of third-party add-ons for the software.
Dynamics GP can be deployed in various ways. Thus, your business is given flexibility in choosing how to store data and how to gain system access. The software can be accessed through a traditional computer, via the web, or by using a SharePoint portal. This allows both in-house and remote employees to perform business activities and processes at any time and location.
This ERP software has business intelligence capabilities allowing users to be proactive with regards to financials. Thus, businesses are given the ability to fix problems and prevent them from happening as well.
Since Microsoft acquired GP, it has integration with business tools (e.g., Outlook and Sharepoint) as well as Microsoft Office. Thus, tasks within a business can be centralized. Collaboration among departments and other companies becomes easier as well.
This ERP software has additional functionality compared to entry-level accounting systems. It has a comprehensive set of features supporting growth within a business since it can be utilized to manage multiple units or companies.
How Can Dynamics GP Help Your Business Grow?
A business won’t grow if it can’t assess how they currently work. GP gives companies the ability to get a comprehensive overview of processes. In this way, they can pinpoint what’s wrong and what changes they can do to improve.
Real-time analytics allows observation of trends within data. Thus, businesses can immediately respond to market changes. Forecasts can be generated, ensuring the company can meet demands.
Using Dynamics GP helps to improve record accuracy, ensuring that each user gains access to the proper information. This leads to time efficiency and develops successful engagement with clients and customers. In turn, customer satisfaction and loyalty increases.
GP provides a central repository for data regarding operations. Businesses can get a comprehensive picture of various operational information, such as outgoings and production costs. Thus, budgets can be evaluated regularly to keep spending to a minimum.
The flexibility of GP allows companies to meet higher demands without compromising performance. This innovative tool will enable employees to become more productive and proactive, helping them spend their time on important matters that will help the business grow.
Finally, Dynamics GP comes with RapidStart implementation tools. This ensures that the software solution becomes simple, quick, and easy to deploy. Dynamics GP can be learned quickly. Thus, the adoption of its use requires minimal disruption on the part of the business.
Other Benefits Of Dynamics GP
The benefits of this ERP software for your business doesn’t stop there. Below are other benefits you might wish to consider if you want to purchase the software:
- It helps automate business processes.
- It helps you make smarter business decisions using dashboards, Microsoft Power BI charts, and KPIs.
- It solves the problem of data duplication errors and costs.
- It allows for the seamless transfer of data to and from Office 365 and Dynamics GP.
- It has a simple interface and provides a consistent experience for users.
- It requires a minimal amount of training time.
In Conclusion
Microsoft’s acquisition of Great Plains has made Dynamics GP a great ERP software that you can use to manage the day-to-day back-end operations of your business. It gives you the ability to employ a mobile workforce since the software can be accessed anytime, anywhere. In addition, it helps you keep up with changing demands as real-time analytics helps businesses make informed decisions and keep up with the trends. Dynamics GP is truly an innovative ERP software that can help businesses grow without the need to shell out huge amounts of money.