microsoft dynamics ax

All you need to know about Microsoft Dynamics Ax

microsoft dynamics ax
30 Sep
2017

With the growing competition, it has become difficult for the business owners to manage their operations in an effective manner. It is tough to make certain decisions regarding accounting, employees and more. Thus, from a mid-sized organization to a large MNC prefer a suitable enterprise application known as an ERP or Enterprise Resource Planning applications to manage their business efficiently and to deploy certain decisions in an effective manner. When talking about enterprise resource planning, Microsoft Dynamics Ax is Enterprise Resource Planning software specially designed to cater the industry-specific requirements that deal with multi-languages and multi-currencies. From small business owners to large industries, whoever is involved in retail, manufacturing, public sector and other service industries prefer microsoft dynamics ax over other EPR models due to its dynamic nature and ability to adapt according to the situation.

This is the reason why it is specially used in sectors which require instant decision-making capabilities. They are known for its feature-rich capabilities which include human resource management (HRM), supply chain management (SCM), manufacturing, financial management business intelligence reporting, accounting, project management and retail.

Microsoft Dynamics Ax Features:
Better analytics:When you are in a retail business, it becomes necessary to generate reports which include expense statements, income and more. This ERP model can help you achieve your desired business goals without affecting your work. Thus, it will help you in the decision-making process that can be processed with an immediate effect. On the other hand, it will save few extra bucks that you will spend in hiring a staff for performing all these tasks.

Can be collaborated easily with other systems and platforms:It is the best feature of this ERP model. In your business, you will be working on numerous platforms for getting better results. It will help you in sharing the details on all the platforms and allow you to make any modifications or changes required without switching the platform. On the other hand, you will not be required to merge the data, information and other sources as Microsoft Dynamics Ax will compile, store and share the data without you requiring accessing the systems.

Increases the productivity:In your business, you and your employers will be required to perform repetitive tasks multiple times and that too manually. This will deliberately decrease the productivity of your business as you will take more time in completing minute tasks. This ERP model will help you from wasting your precious time as it can handle repetitive tasks easily, increasing the efficiency and productivity at the same time.

The production and inventory management seems easier:When you are in a manufacturing business, you will be required to pay special attention to the production and inventory management. This model of ERP can help you reduce overages by scheduling the manufacturing and delivery procedures on a timely basis. It makes it easier for you to optimise the process fully instead of you trying to make guesses on the volumes, processes and other manufacturing processes required for the production.

It is model-driven and more customizable: Microsoft Dynamics Ax is designed keeping in mind the global enterprise. Thus, it provides a more user-friendly, customizable, model-driven and role-based screen. It comes with in-built extensible applications that can be used in distribution, manufacturing and other professional services.