Is your business still functioning on Microsoft Dynamics GP or SL? I know, several times you must have considered to -upgrade Dynamics 365 from Dynamics GP / Dynamics SL. But you just don’t have dedicated time for this decision. However, you should not fall into the trap of the old version. As you are missing out on essential business world updates that could potentially charge you high at the end.
Comparing Dynamics GP and Dynamics 365 Finance and SCM
| Features | Dynamics GP | Upgrade to Dynamics 365 Finance and Supply Chain Management |
|---|---|---|
| Deployment Options | On-premises or hosted deployment | Cloud-based deployment |
| Scalability | Suitable for small to medium-sized businesses | Scalable to support businesses of all sizes |
| Core Financial Management | Robust financial management capabilities | Enhanced financial management features, including real-time financial reporting and advanced analytics |
| Supply Chain Management | Basic inventory and purchasing functionality | Comprehensive supply chain management capabilities, including advanced inventory management and demand forecasting |
| Manufacturing | Basic manufacturing capabilities | Advanced manufacturing functionality, including production planning and shop floor control |
| Project Accounting | Basic project accounting features | Integrated project accounting with project planning, budgeting, and resource management |
| Sales and Marketing | Limited sales and marketing functionality | Integrated sales and marketing features, including lead management and marketing automation |
| Reporting and Analytics | Basic reporting and analytics capabilities | Advanced reporting and analytics with Power BI integration |
| User Interface and User Experience | Traditional user interface with a learning curve | Modern and intuitive interface with improved user experience |
| Integration Capabilities | Limited integration options with other systems | Seamless integration with other Microsoft products and third-party applications |
| Mobile Access | Limited mobile access and functionality | Mobile-friendly interface for access on smartphones and tablets |
| Continuous Updates and Support | Ongoing updates and support from Microsoft | Regular updates and support from Microsoft |
Dynamics GP to Dynamics 365 Migration
You must have noticed Microsoft has included only a few enhancements to GP in the latest time. The reason being that company is considering Dynamics 365 as its spotlight.
I am sure you must have experienced the usual hang-ups in Dynamics GP such as interrupted batches and check links. That is why specifically Microsoft Dynamics 365 Finance & Supply Chain is the right solution for you. Dynamics 365 does not need batch processing and series post. Likewise, mass record updates are simpler with this solution.
And, if your business is currently hosting Dynamics GP on-premises, Dynamics 365 Finance & Supply Chain becomes a more economical solution for you. Since cloud hosting eliminates every cost associated with server maintenance and updates. Also, you don’t have to worry about updates since Dynamics 365 updates are done automatically.
Benefits of Migrate Dynamics GP to Dynamics 365 Finance & Supply Chain
You must Migrate Dynamics GP to Dynamics 365 Finance & Supply Chain if your business is going through the following aspects -
- Frequently complicated business processes
- Anticipated business growth /expansion (multi-plant, and multi-schedule)
- Various business prototypes /models in an individual case
- Complicated reporting requirements
- Several third-party applications with unique functionality in Dynamics 365
- Demand for a completely integrated HR system
- Advanced Shop Floor management and machinery necessities
- Complicated revenue realization (for project-based firms)
Upgrade to Dynamics 365 from Dynamics SL
In the case of Dynamics SL, it is tough to rationalize SL considering its limited support and managing version hurdles almost every quarterly.
Mainstream support for Dynamics SL 2018 stops on 7th Nov 2023 and extended support on 7th Nov 2028.
Every new release of the business software comes with yearly maintenance. If you don’t migrate Dynamics SL to Dynamics 365, you are not only missing out on the benefits of Dynamics 365. But with passing time the productivity and business value gets diminished with your old ERP solution.
What is Microsoft Dynamics 365 Finance & Supply Chain?
Dynamics 365 Finance & Operations is a cloud-based ERP best-suited for midsize to large and diversified businesses. It provides the business the aptitude to maintain track of all finances and inventory details. If you upgrade Dynamics SL to Dynamics 365 Finance & Operations, you have access to the most superior functionality with the liberty to scale the solution according to your precise business requirements.
Why should You Upgrade GP to Dynamics 365 Finance and Supply Chain?
Accessibility anywhere, any time, on any device. Who doesn’t want that?
With an intuitive and flexible interface, Dynamics 365 transforms the approach you do the business. You can scale this solution with your business to any extend without any hassle.
You can start swiftly, include further Microsoft business applications, and develop at your speed with real-time adaption.
1. Financial Insights and Intelligent Decisions
- Improve Financial Growth
You can accelerate your business profitability with financial insights and data with pre-built predictive analytics. This helps businesses to scrutinize expenditure, evaluate budgets, and examine financial reports.
- Strengthen Employee’s Efficiency
Role-focused workspaces enable employees to prioritize their tasks, and work effectively to deliver enhanced business results.
- Handle Credit and Collections Productively
Get a general view and trace the everyday performance of your business’s collections and credit. You can check collection documentation and transactions and the activity history of every customer.
2. Optimized Operation for Responsive Business
- Standard Business Operations
You can seamlessly integrate business functionalities such as manufacturing planning, process, scheduling, and cost management.
- Better Supply Chain Management
You have a 360-degree view of your supply chain across global operations. This helps businesses to optimize implementation and decrease overheads.
- Optimized Production
You can use this completely integrated ERP for lean, process, or discreet manufacturing.
3. Expansion with Powerful Cloud System
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Reduced IT Overheads
With cloud ERP you can simply fine-tune to altering business demands. You don’t have to bear any upfront IT cost for Dynamics 365.
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Smooth Scalability and Upgradation
Cloud allows you to expand your solution with your business growth. Dynamics 365 Finance & Operations ensures continuous updates. You have the benefits of the most advanced features without upgrades costing.
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Enhanced Agility
Cloud benefits you with a simplified transformation process and improved time to market.
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Boost Teamwork and Productivity
Cloud helps you to promote teamwork with shared information(documents) at any time from anywhere. You can roll out the latest capabilities quickly which increases efficiency and mobility.
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Easy to Customize and Connect
Through the cloud, you can directly customize and connect to other business applications you are using.
Get Ready to March Forward with Dynatech System
There is no doubt that Dynamics 365 Finance & Operations stands out as an ERP solution. Once you upgrade Dynamics GP to Dynamics 365, you have the benefit to leverage multiple powerful D365 business solutions such as HR, Sales, Field Service, Power platform, and much more. But where will you start from? What are the prerequisites? What is the next step? What is the scope of work involved? What about the timeline and budget? Dynatech System will guide you with all the answers and execute the up-gradation process flawlessly.
