Is upgrading to Microsoft Dynamics 365 an important part of your digital strategy, but you're not sure when the best time is? Because it involves additional costs, infrastructure, working hours, and other resources, adopting new technology can be a daunting decision for a company. These common roadblocks do not always apply when migrating to the cloud.
The advantages a cloud ERP migration provides after the implementation can supersede the efforts you put in for the deployment. Here are a few key benefits a cloud-hosted ERP solution offers:
- Security and disaster recovery: The security a cloud technology company like Microsoft Dynamics 365 provides is almost impossible for an independent organization to replicate through an on-premises ERP solution.
- Promotes mobility: Mobility has become an essential aspect of any technology as modern organizations encourage their employees to work from anywhere, and Microsoft Dynamics 365 always prioritizes it.
- Reduces costs: Though migrating to the cloud involves an initial investment, in the long-term, you pay nearly three times lesser than your on-premises ERP solution.
- Enhances scalability: You must invest in an infrastructure that can support your peak requirements while scaling up your on-premises ERP solution, which may not apply to all business scenarios. A cloud ERP solution gives you the flexibility to scale up and down as needed.
Why upgrade to Dynamics 365?
Typically, the core functionalities that you benefit from through a cloud ERP solution include financial transactions, purchase order management, sales order management, operations management and services management. In most cases, these functionalities are used as isolated solutions to cater to different needs of your business.
Spend fewer resources
You can improve the connectivity and productivity of your business operations by using Microsoft's Azure platform, which provides a wider range of services with different elements. The Microsoft’s Azure platform facilitates the connection and sharing of relevant data between these various solutions.
If you don't have access to the cloud, you'll have to invest a lot of money, time, and effort in each domain, hardware, and infrastructure to create a similar network of solutions. Microsoft Azure Platform and Intelligent Services, on the other hand, allow you to work with multiple integrated solutions with little time, money, or development effort.
Enable smart analysis
The D365 applications here are powered by AI and machine learning to provide proactive services that are otherwise difficult in an on-premise ERP solution. Even while using isolated solutions for different functionalities, your business gathers vital data—information that can be analyzed to draw valuable conclusions.
Since the Microsoft Azure platform connects various functionalities, it can run a comprehensive analysis with all the available data to generate predictive statistics. For instance, with all the data available on the purchase order processing, the cloud-based Dynamics 365 can notify you about any possible processing errors or discrepancies. Such notifications help you curb a problem before it adversely impacts your process efficiency.