Benefits of an ERP for Industry - Microsoft Dynamics 365 Business Central


Discover the potential of an ERP for your industry.
Benefits of an ERP for Industry

Technological tools accompany the evolution of the industrial sector, but many companies are still unaware of the potential of an ERP for their business.  

But what is an ERP?

ERP (Enterprise Resource Planning) is a business management software that helps organizations automate and manage essential business processes to boost performance. ERP streamlines all company operations, unifies information from all departments, and coordinates data flow between business processes.  

ERP software helps in business management through its various functionalities such as:

  • Financial management and accounting

Connecting accounting data, sales, purchases, inventory, and customer interactions to get a complete view of the company.

  • Logistics and Stock Management

Maintain the right amount of stock by automatically calculating stock levels, lead times, and replenishment points.

  • Customer Management

Deliver exceptional service and gain a comprehensive overview of service tasks, work in progress, and skills to allocate resources and accelerate case resolution.

  • Project Management

Analyze project performance and make effective decisions with real-time insights into project status, profitability, and resource utilization metrics.

  • Human resources management

Optimize human resources management by organizing and controlling information about your employees.

  • Operational Management and Control

Get an integrated view of inventory for efficient order fulfillment. Track all transactions and item movements by configuring positions based on warehouse layout and storage unit dimensions.

As businesses expand and their needs change, their systems need to keep up. Industries need tailored solutions that help them keep up with rapid technological change and meet market demands. Microsoft Dynamics 365 Business Central ERP is the right solution to stay current. 

Companies in the industrial sector have the most to gain from adopting enterprise resource planning (ERP) software:

  • Increased productivity

Since ERP centralizes all information, it allows you to plan accurately, making it easier to make decisions, perform tasks and develop strategic planning. With ERP, you can control all production and identify where resources are being used and understand how to manage resources to utilize the full potential of the company. 
Thus, increasing employee productivity, and optimizing the use of machines and other equipment is one of the great advantages of ERP.  

  • Simplicity in reporting and forecasting

ERP helps you optimize not only production but also purchasing, sales, and inventory processes. You can calculate and optimize production capacity and resources to improve production planning and meet customer orders.
With this solution it is also simpler to forecast based on sales history without the risk of stock-outs or stock-outs, to ensure efficient order fulfillment, and of course, keep projects on time and on budget.

  • Lower costs

ERP allows you to automate tasks and centralize information on a single platform, eliminating the need to accumulate paper documents. Thus, you do not need to spend money on different software solutions. 
In addition to saving money, a good ERP increases your company's profits, as the ERP gives recommendations on when to make payments to benefit from discounts or avoid overdue fines.

  • Greater collaboration between teams

Business management software facilitates communication and the flow of information between departments. Centralized access to all information in an integrated system allows for greater control in all areas and enables faster and more agile processes for different teams and departments. 
With information in one platform, teams become more productive and efficient, while being able to collaborate with other departments in a simple way.  

  • More security  

It is increasingly important to keep a company's data secure. Today, ERP business management systems are ready to ensure greater data protection, perform automatic updates and eliminate the risk of information theft. 
With Microsoft Dynamics 365 Business Central ERP, you protect your data by ensuring compliance with the General Data Protection Regulation (GDPR) and can protect all data from unauthorized access with automatic encryption from Microsoft data centers.

  • Flexibility

Microsoft Dynamics 365 Business Central ERP is a scalable and cost-effective solution, which means that this licensing model is flexible and can adapt over time, according to the needs of the organization.
It can also be accessed from PCs, tablets, or smartphones at any time, as it is hosted in the cloud. All you need is internet access.

With Microsoft Dynamics 365 Business Central ERP you can take your industry to a new technological level. Schedule your demo with Hydra iT now!