Microsoft Dynamics GP and its role in the midmarket business environment

February 14, 2017
February 14, 2017 TM Group

Microsoft Dynamics GP and its role in the midmarket business environment

Microsoft Dynamics GP can help small businesses topple giants.

Small businesses that want to grow can’t do it alone. They need help. And while hiring the right professionals and offering the best products and services will help a company’s bottom line, these can only go so far if they’re not supported by the right back office applications such as Microsoft Dynamics GP.

Microsoft Dynamics GP acts like a foundation upon which companies can build their operational processes. This system provides an unprecedented range of resources, including:

1. Inventory management and operations
Keep track of everything from order processing, purchasing, inventory control and returns. The ERP allows all employees to quickly process this information, which can be pivotal when trying to service clients and keep them from defecting to a competitor.

2. Financial management and accounting
Many companies lose time and money of running their sales and service operation systems separate from their  financial management system. Microsoft Dynamics GP offers both of these systems as one solution so employees can quickly pull a customer’s full profile with a few clicks of a button. This ERP solution tracks all associated debit and credit accounting transactions, making it simple to keep informed about where your money is coming from and where it is going.

3. Human resources and payroll
There are numerous human resources and payroll solutions, but why would managers purchase separate software when they can buy one solution that encompasses HR and payroll as well as accounting, operations and other systems? Microsoft Dynamics GP allows HR professionals to hire, train and pay their employees without hassle.

4. Business intelligence solutions
Having a database full of business information is important, but it doesn’t help you make decisions unless you can easily report on that data. That’s where BI solutions come into play. Dive deep into all of the data your Microsoft Dynamics GP software has collected, and take your business to the next level. Microsoft Dynamics GP allows companies to quickly access data and analyze it, so they can make high-level business decisions in an instant.

Small businesses need all the support they can get, and there’s no better office assistant (we’ll even say executive assistant) than Microsoft Dynamics GP. If you truly want to grow your business and compete with not just small- to medium-sized businesses but corporate giants, employing Microsoft Dynamics GP is the best way to do so.

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