The 10 Risks of Staying on Dynamics GP

If you’ve landed on this blog, you’re probably unsure if it’s necessary to migrate Dynamics GP to Dynamics 365 Business Central. Don’t worry, you’re not alone. Many companies face the challenge of deciding whether to stick with their legacy ERP system or make the move to a modern solution like Microsoft Dynamics 365 Business Central (BC).

The decision is not one to be taken lightly, as it can significantly impact your business’s growth, security, and competitiveness. 

In this article, we’ll highlight the risks of staying on Dynamics GP and why a GP to BC assessment with a reliable Dynamics partner is essential for your business’s success. 

10 Risks You May Encounter 

Outdated Technology

Using outdated technology like Dynamics GP can hold you back from accessing the modern features and innovations available in Business Central. This might result in missing out on a competitive advantage and stunting your business growth. 

Limited Scalability

As your business grows, Dynamics GP might struggle to scale efficiently to meet increasing demands. In contrast, Business Central’s cloud-based architecture allows seamless scalability, accommodating future business expansion.
 

Higher Maintenance Costs

Maintaining on-premises systems like Dynamics GP can become costlier over time due to ongoing hardware upgrades, software updates, and IT support. Migrating to BC’s cloud-based platform can potentially reduce maintenance expenses.
 

Data Security Risks

When it comes to data security risks, on-premises systems like Dynamics GP can face vulnerabilities such as security breaches and data loss caused by physical disasters or cyber threats. On the other hand, Business Central being a cloud solution, tends to offer more advanced security measures and automated backups to safeguard your critical business data.
 

Lack of Real-Time Insights

Dynamics GP may lack the ability to provide real-time data insights due to limited reporting capabilities. BC, on the other hand, offers comprehensive real-time analytics, empowering businesses to make informed decisions promptly.
 

Missed Integration Opportunities

Staying with Dynamics GP might hinder businesses from fully integrating with other modern applications and tools. Business Central seamlessly integrates with other Microsoft 365 applications and third-party solutions, providing a unified platform for various business processes.
 

Competitive Disadvantage

Businesses that don’t upgrade to BC could face a competitive disadvantage as their rivals leverage the advantages of AI and a modern and cloud-based ERP system. It might be challenging to keep up with industry standards and respond quickly to market changes.
 

Lack of Mobility and Accessibility

Dynamics GP’s on-premises nature can restrict remote access, making it challenging for employees to work efficiently from anywhere. BC’s cloud-based platform offers greater mobility and accessibility, allowing teams to collaborate seamlessly, even remotely.
 

Dynamics 365 Business Central

Reduced Innovation and Productivity

Staying with older technology may limit the ability to innovate and streamline processes effectively, potentially hindering overall productivity and efficiency.
 

End of Support and Compliance Issues

As Microsoft phases out support for older systems like Dynamics GP, businesses may face compliance and regulatory challenges, leaving them susceptible to security and legal risks. 

 

Why Do You Need a GP to BC Assessment? 

To avoid the potential risks mentioned above, it’s essential to conduct a GP to BC assessment with a reliable Dynamics partner as the first step. The assessment serves as a comprehensive discussion to help scope the roadmap for your ERP migration. 

During the assessment, the partner will ask questions to understand your business’s unique needs, operations, and objectives. This will help them figure out how best to support you and determine if Business Central is a suitable fit for your organization. 

Additionally, the assessment will involve meeting the team that will work on the project, enabling you to see how well you work together. The partner’s expertise will help interpret your business requirements and create a detailed Business Process Review (BPR). 

Why Choose TMC for Your Assessment? 

At TMC, we understand that every business is unique, and a one-size-fits-all approach won’t work. We focus on giving every client a detailed and customized plan tailored to their specific needs. Our experience of over 35+ years in ERP implementations allows us to efficiently address your requirements while completing the project on time. 

Our team consists of diverse talents with industry expertise, ensuring we meet the needs of our customers effectively. When you schedule a GP to BC assessment with us, you can be confident that you’ll receive top-notch guidance and on-going support throughout your ERP transformation journey. 

Don’t let your business be held back by an outdated ERP system. Take the next step and schedule a GP to BC assessment with us today. Let TMC help you make a smooth and successful transition to Microsoft Dynamics 365 Business Central.