Why Microsoft Dynamics GP 2010 Is The New Way To Do Business!

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In this so called “new economy” we (reluctantly) find ourselves improving upon (and in many cases reinventing) the way things used to be done and this is often the key difference between business success and failure.  For this very reason, Microsoft Dynamics GP 2010 is touted as the “new way” to do business and succeeds as such on many different levels.

This highly anticipated next release of Dynamics GP (scheduled for May 2010) is based on three broad “pillars” or principles : enhance insight, make it easier and extend connections. All three principles have valuable benefits; this blog will focus on those associated with Insight.

Insight - the ability to see clearly and intuitively into the nature of a complex person, situation, or subject. This common definition provides a good starting point in understanding the underlying value of the Insight objective.  Within this category are three core benefits that succeed at providing more visibility to meaningful and relevant  data within the business organization: 

  • Delivers role tailored insight
  • Streamline access to information
  • Enables advanced business intelligence capabilities 

Delivers role tailored insight. The ability to see clearly and intuitively into the nature of a person.  Or more so in this case, the ability of a person to interact more effectively with the business solution based on their role within the business institution. Over time it is natural for business systems to become more complex, sometimes as the expense of relevancy.  Not all information is needed by all (unless you are an organization of one). Rather, each person within a business enterprise typically performs a few distinct roles and gaining access to just that specific information is what enables a person to perform their job effectively.  Dynamics GP 2010 allows users to dictate exactly what information is relevant to them while eliminating distracting data that isn’t.

Streamline access to information. The ability to see clearly and intuitively into the nature of a situation. Role tailored insight addresses relevancy, streamlined access addresses efficiency.  Executives need to be able to quickly react to ever changing conditions within the business ecosystem and therefore need easy access to information.  The home page within Dynamics GP 2010 can display over 100 metrics that measure financial health and provide a real time situational analysis of the organization.  From these “in your face” analytics, decisions can me made quickly, so that corrective action can occur timely.

Enables advanced business intelligence capabilities. The ability to see clearly and intuitively into the nature of a subject. The goal of business intelligence is to maximize your knowledge regarding a certain topic. Imagine hundreds of visual cues available within SharePoint or reports within Excel that on the surface provide a high level recap of areas such as cash position or past due receivables while also allowing users to drill back to the underlying detail within GP 2010 for further analysis.  Executive dashboards, key performance indicators, SQL reporting services – all of these provide customizable views of data that allow for countless hours of productive analysis.

Is Dynamics 2010 the new way to do business?  Without a doubt the answer is yes and I would also add that it is the only way for businesses seeking growth, profitability and success.

By The Knaster Technology Group, Denver, Colorado Microsoft Gold Certified Dynamics GP Partner for over twenty years

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