Up until 2013, though, both Dynamics NAV and Dynamics GP, for example, were designed as on-premise software, relying heavily on IT for deployment, security upgrades and maintenance—not to mention the related expense of user licensing.
Today, and with Dynamics 365 added to the lineup as a cloud-based CRM/ERP offering, Microsoft’s continues to be a disrupter of technology reflecting Gartner’s “cloud shift” of near epic proportions:
“More than $1 trillion in IT spending will be directly or indirectly affected by the shift to cloud during the next five years…mak(ing) cloud computing one of the most disruptive forces of IT spending since the early days of the digital age…”
Furthermore, as Gartner points out, overall IT spending is not only a “notable percentage” of budgets, but is necessary to “stay relevant” in today’s global marketplace.
Dynamics 365 can import a range of data formats, be it from spreadsheets, databases or other systems (The menu is located in the Templates for Data Import wizard.) For example, users access Microsoft Word templates with “one click” to “generate standardized documents,” which fill-in with Dynamics 365 data and information.
When it comes to inventory management, the software is capable of tracking company assets; create purchase orders; inventory transfer and adjustments as well as process a return to vendor.
The Dynamics 365 platform is purchased via a licensing subscription through the Microsoft Azure cloud service. Modules include project management; financial management; sales and purchasing.