Every company certainly needs to think about choosing an Enterprise Resource Planning (ERP) system at one point or another. An ERP solution helps a business to effectively plan its resources receiving the most value out of their inputs. A good example of a solid ERP system that a lot of organizations are using today is the Microsoft Dynamics GP which is widely used in UK, Ireland, South and North America, among many other nations.

 

Microsoft Dynamics GP is primarily accounting software this is commonly used by mid-market and small businesses. Not only does the software help the business to execute better management of their finances but their human resources and supply chain as well. Considering that the needs of every business are unique, you can always get a license for only the specific functions that are essential for your organization.

 

Fully Equipped Employees

Lack of effectual channels of communication and flow of information is one of the core reasons for business failure today. The Microsoft Dynamics GP aims at providing a permanent remedy to this problem by arming employees with the right information at all times.

 

The software also provides employees with all the integral tools they need to increase productivity and ensure good and quick decision making whenever tough calls need to be made. Especially where initiating change is necessary in the organization, Microsoft Dynamics GP is an immensely useful tool in enabling employees to respond better to the change.

 

Key Features of the Software

1. Advanced Financial Management: - Accurate handling of the numbers giving you total knowledge and control of the costs and cashflows of your business.

2. Supply Chain Management: - Gives you better and more precise management of business production and resource shipment schedules enabling your enterprise to significantly cut on inventory costs.

3. Human Resources Management: - presents a better approach of recruiting new employees, enhancing employee engagement and managing the payroll system more effectively.

4. Project Management: - comes handy in identifying customer needs, boosting sales and obtaining better control of business or company projects.

5. Business Intelligence and Reporting: - enables the company to streamline data collection procedures so that all decisions and intelligently made.

 

Pros

Microsoft Dynamics GP provides a great link to practically all the vital departments of your business such as sales, marketing, accounting, finance, project management, human resources, customer service and supply chain. This means that with this software, you will be solving most of the challenges your business is currently facing using a single solution. Keep in mind that the software can be easily installed in your business without disrupting normal operations.

 

Microsoft Dynamics GP is easy to use and understand. It looks much similar to Microsoft Office so it becomes easier for employees to receive ‘how to’ training. Finally, the software gives you the rare opportunity of working where you want: at home or the office. This flexibility is possible as you can choose to go for cloud or onsite deployment.

 

Cons

The interface of Microsoft Dynamics GP appears quite obsolete. Other than this the software is good for use.

 

Conclusion

Microsoft Dynamics GP is one of the best ERP systems in the market. However you can always take a test drive to see how the software works for you before installing it in your business.

 

The overall idea of going for Microsoft Dynamics GP is integrating the various basic operations that are key for the success of your business, giving you better visibility thus management control over your business.