has been a stable and reliable system for most clients. Since its inception in 1993, it has helped meet the needs of many small and mid-sized businesses. Thousands of companies have used GP to manage their processes effectively.
Over time, Dynamics GP has evolved to ensure ever-changing financial needs. However, a new Dynamics offering has made waves in the marketplace, which current GP users should consider when searching for a robust ERP solution.
is a reliable Software-as-a-Service (SaaS) offering that is a Microsoft Cloud-native. Being in the cloud offers consistent updates with new features that businesses can use without hassle when upgrading their systems to match the current technological solutions.
The Microsoft Team takes care of essential business aspects like security monitoring, intrusion detection, threat management, and penetration testing. It removes all burdens from an organization's standpoint while helping to change security measures and protection that can easily stress IT resources.
This blog post covers the benefits of replacing your , Dynamics GP, with Dynamics 365 Business Central to modernize your business applications and streamline operations.
Let's start with the obvious question:
Is Microsoft Dynamics GP Going Away?
The answer to this question is no. Microsoft has often made it clear that they value all their GP customers and will not force anyone to migrate from GP. They released the last GP in 2020, where they continue to update service packs multiple times yearly.
Therefore, most rumors surrounding the discontinuity of GP build on lies. Please, read more information about the truth and an .
What is Dynamics 365 Business Central
Dynamics 365 Business Central is the latest financial management software product from Microsoft. However, it is not replacing GP but is built to offer more advantages in the functionalities and target market as GP.
With Business Central, users pay a monthly subscription license when . Also, as a SaaS model, Microsoft will automatically push enhancements, updates, and bug fixes and no extra costs.
There are no up-front costs because you don't require servers, hardware, or any components. It is best suited for companies that lack dedicated IT resources.
Other companies that need the solutions can take the Business Central On-Premise option. However, it is not the best option since its data security may not be substantial. Remember, you still have to pay for servers with companies needed for integration.
Which ERP Solution Is Best for You?
There is no accurate answer to this since every business is unique in its processes. However, most Dynamics GP clients are moving into Business Central to leverage its numerous benefits over GP. There is also a simple learning curve as Business Central's user interface is similar to GP's.
Therefore, you can decide to make your move based on the following conditions:
- When Dynamics GP is costly to your business by paying every year
- There is a need to reduce risks and costs by hosting your business data and apps on the cloud.
- You want to avoid data analysis difficulties and would wish to enjoy data flexibility on the cloud.
- It is the best option for your finance team to streamline their operations using features like project accounting in Business Central.
If you are interested in transitioning to Dynamics 365 Business Central, working with a qualified will enable you to enjoy smooth processes and quick integration of your operations. Get expert help from us at Technology Management Concepts and enjoy the top capabilities of Dynamics 365 Business Central. today.
