Dynamics GP Can Help Reduce Overhead Costs

Posted on: June 10, 2016 | By: Craig Thompson | Microsoft Dynamics GP

For many businesses making money is their main priority, but what happens when you realize you aren't making as much as you anticipated? Realizing that net profits are lower than industry standards can be surprising, especially if you aren't quite sure why this is happening. Usually, cutting overhead costs internally are a good place to start.


Looking towards an antiquated Legacy financial management system may not be the first place you would think to start lowering costs, however if you find that your current system is constantly requiring significant IT support for high volume integrations or that its antiquated processing is making daily operations more difficult for users it may be time to make a change. More often than not, these dated systems can cause more harm than good, and could be the source of a lot of excess overhead costs. If you notice any of the following red flags from your current ERP software system, it may be time to make the switch to a more advanced model like Dynamics GP to help reduce overhead costs.


  • Lack of transparency for shareholders and board members
  • Difficulty creating reports that comply with government standards
  • Extensive hours spent manually computing adjustments and consolidations
  • Lack of flexibility and customization to fit your companies growing needs


Updating your ERP system to something more advanced like Dynamics GP ERP allows your organization to upgrade and automate previous pain points so that you can spend your time and money focusing on what matters, not just your failing ERP system. Dynamics GP gives users a platform for rapid deployment and lower cost of ownership as well as improved functionality, configurable workflows, and enhanced reporting capabilities. These features can significantly improve productivity and cut overhead costs without having to cut other costs that matter most.

 

Are there any other pain points that your organization struggles with? Unsure if Dynamics GP is the right ERP solution for you? Download our complimentary white paper “15 Red Flags: Is your Accounting Software Hurting Your Business?” for more information. Ready to talk to an expert? Contact Logan Consulting, your Chicago based Microsoft Dynamics partners to schedule a consultation.



2020 Nucleus Research Report on ERP Technology

Free Download:

2020 Nucleus Research Report on ERP Technology

Download the guide ›