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The Total Economic Impact™ Of Microsoft Dynamics 365 ERP
Leaders need clear, data-backed evidence before investing in change. The Forrester "Total Economic Impact of Microsoft Dynamics 365 ERP" report provides it. This in-depth analysis examines how organizations achieved measurable financial gains and efficiency improvements after implementing Microsoft Dynamics 365 ERP. Check out the report today and contact VOX ISM to discuss how Dynamics 365 ERP can help your business achieve similar results.
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What are the key benefits of implementing Dynamics 365 ERP?
Organizations that implement Dynamics 365 ERP can expect several key benefits, including increased profitability from real-time visibility and enhanced decision-making, improved productivity through unified data access and streamlined processes, and reduced infrastructure costs due to cloud migration. For instance, the composite organization in the study reported a potential increase in profitability of over $1.2 million over three years, along with productivity savings of approximately $8.9 million from time saved by employees across various departments.
How does Dynamics 365 ERP improve operational efficiency?
Dynamics 365 ERP enhances operational efficiency by consolidating data and automating workflows, which reduces reliance on disparate systems. This integration allows for real-time insights that improve decision-making and operational agility. For example, survey respondents indicated that finance and accounting employees saved an average of 14.5 hours per week, while supply chain and logistics employees saved about 8.7 hours per week, leading to significant improvements in processes such as inventory management and order fulfillment.
What are the costs associated with Dynamics 365 ERP?
Organizations can expect to incur costs related to user subscriptions, which total approximately $4.4 million over three years for the composite organization studied. Additionally, implementation costs, including internal efforts and support from systems integrators, are estimated at around $3.2 million over the same period. Overall, the composite organization experienced total costs of about $7.7 million, which is offset by benefits totaling $15.8 million, resulting in a net present value of $8.1 million.
The Total Economic Impact™ Of Microsoft Dynamics 365 ERP
published by VOX ISM
VOX ISM is Canada’s largest Microsoft Dynamics Partner. We specialize in implementing Microsoft business solutions software including Microsoft Dynamics 365 Business Central, CRM, and Office 365. These software solutions enable our customers to compete in today’s digital landscape.
We specialize in workforce skills development and training and offer a variety of courses focussed on improving existing employee skills and teaching new ones.
We have 800+ customers and 20 years of experience in the software industry and we specialize in the Manufacturing and Distribution industries. We have experienced industry consultants including former Plant Managers, Supply Chain Managers, Schedulers, Warehouse & Distribution specialists, Sales and Marketing staff, Controllers, Accountants, and many more on board, who will set up your software implementation and train your staff for business success.
We are based in Toronto with teams across Ontario and in British Columbia & Alberta.