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TEI of Microsoft Dynamics 365 Business Central
Managing a business on an old ERP can be costly. This analyst report from Forrester details how organizations like yours are moving to Microsoft Dynamics 365 Business Central to cut costs, improve productivity, and avoid expensive third-party fees. Download the report for more details and connect with Ironstack Technology to discuss what these savings could mean for you.
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What are the key benefits of using Microsoft Dynamics 365 Business Central?
Organizations can experience several benefits from implementing Microsoft Dynamics 365 Business Central, including a 9% to 18% improvement in productivity for finance and operations staff, which translates to an estimated present value of $116,000. Additionally, the solution helps avoid the need for new hires as the organization grows, and it eliminates nearly $30,000 in third-party reporting fees annually. Furthermore, companies can save around $50,600 by avoiding costs associated with legacy ERP solutions and support.
How does Microsoft Dynamics 365 Business Central improve decision-making?
Microsoft Dynamics 365 Business Central enhances decision-making by providing real-time visibility into key information, which allows finance and operations personnel to make informed decisions based on accurate data. This improvement reduces the reliance on manual reconciliation and outdated information, leading to better outcomes in areas like supply-chain forecasting and budgeting.
What are the costs associated with implementing Microsoft Dynamics 365 Business Central?
Organizations should anticipate subscription fees totaling approximately $51,500 over three years for Microsoft Dynamics 365 Business Central. Additionally, there are implementation, ongoing management, and training personnel costs estimated at $126,000 over the same period. Overall, the composite organization analyzed in the study experienced benefits of $484,000 against costs of $178,000, resulting in a net present value of $306,000 and an ROI of 172%.
TEI of Microsoft Dynamics 365 Business Central
published by Ironstack Technology
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