Five ways Microsoft Dynamics AX can improve your business efficiency

Microsoft dynamics AX 4.0 is the latest version of Microsoft with the major update in 2012 is now having more than10, 000 customers to gain competitive advantage. It is a comprehensive ERP solution with great features in it which are helping them to improve business efficiency, save much time expected to be spent on administrative tasks, helps companies in managing their finances well. It is giving best Return On Investment (ROI) and many companies are counting on this one ERP solution.

 Summary of Microsoft Dynamics AX benefits

• Efficiently match supply with demand and optimize inventory levels, you can create sales and purchase forecasts based on products and time periods. It will use an unlimited number of forecast models to simulate various future scenarios. To get quick cash flow, you now can easily more items into inventory general ledger.
• It offers detailed insight into the inventory and item tracking improves inventory management. Inventory dimensions in Microsoft Dynamics AX are a powerful tool for classifying your inventory according to storage and product specification and this way offer you a detailed overview of your inventory whenever, there is a need. 
• By using enhanced product tracking and RFID technology, you can track items throughout the system using batch and serial numbers. It is possible that you can view detailed reports related to specific items from anywhere in the system. At any time, you have direct access to information with detailed information of a specific product such as from where it is, where they are now and where are they going. This detailed sight of your product will give you confidence about your inventory and help you in recalling products quickly.
• It will boost material resource planning by offering managing bills of materials BOM to ensure you get the most accurate costing and materials requirement information. In Dynamics AX, an infinite number of BOM levels can be managed effectively and precise consumption of raw materials. It also helps people in having detailed reports of their inventory and helps them in saving lot of time.
• It will improve warehouse efficiency and control by offering product specific management strategies, resource optimization, and perpetual inventory. MS AX facilitates product specific put away strategies will enable you to characterize different products such as food products, non-food products, type or weight. This can enable you to optimize and manage your warehouse resources, with enhanced inventory management facility and control.
• It can streamline supply chain process and automates receiving and shipping processes and facilitates cross-docking and back-order shipments. This will not only help in managing a large amount of the transaction, but you can easily track them using fewer resources and in few minutes. It will not only give a boost in inventory management, but also provide great customer satisfaction. As product delivery and transaction tracking will shorten the chances of late delivery and this will help an enterprise to reach maximum order by keeping its integrity and business value high

One top feature of MS Dynamics is agility

Achieving excellence is a prime goal of every business and to achieve this whole management works on each and every task. There are some questions they struggle hard to find answers such as:

• How well does the software model supports real world challenges?
• How rapidly can the business fit in the business world which is rapidly changing?

If the fidelity of software model and reality is high, then it will become a key to entrepreneurial success as the software then be able to provide you complete insight and help your business in its growth. It is the complexity of software demand that further leads to the development of Microsoft Dynamics AX.

The core purpose of Microsoft Dynamics 2012 is to offer a great unified natural models, measures and approaches that can thoroughly change your business. Every measure that is taken by using MS Dynamics will further lead to a new discovery that will hold plenty of great benefits. Various forms of limitations are then discussed and often removed using Dynamics customization ability; this is how it deals with different kind of industrial issues. This ERP solution has a capability to provide rich software representation of a business and its structure. Unified and all natural approach used by Microsoft Dynamics AX makes business modeling simple and easy and provide businesses richness and flexibility to represent the most complicated organizational structure.

So how it actually works:

Microsoft Dynamics AX 2012 workflow management uses a graphical editor using drag and drop feature to build, design and redesign declarative workflows.

Microsoft Dynamics AX 2012 fundamental elements of the unified and natural models in Microsoft Dynamics AX 20115 include:

• Flexible business organization modeling allowing the enterprise to capture the physical location of your business, business reporting, and legal entity structure.
• People or employees with separate modeling of the person, their role, and different reporting hierarchy can seek benefit from this feature.
• Declarative representation of business policies, dollar limits, procedures, and measures allow employees to understand the enterprise policy for different parts of business model without understanding the code. For instance, as a business analyst you have the ability to grant different purchase order approval rules to different other entities within one workflow editor without understanding the coding.
• It allows unlimited financial dimensions, allowing analysts to go through categorization and analysis transactions across different axes.
• It offers data effectively for data and models at the root level to streamline control also it offers additional security controls to ensure reliable communication channel.

It is one of a kind of ERP solution that offers great functionality to control adversity within an organization without compromising standards. To perform or serve business better, there is one such capacity this software solution holds and that is flexibility and agility which helps it to fit in any kind of situation (specifica growth).

Rapid ROI using Microsoft AX

How businesses can increase ROI (Return On Investment) without spending much is not more a hard question to answer, with the invasion of the third party services now it is easy now to achieve desired business goals. Many service providers offer business process management tools to help companies to connect with people, processes and technologies with the internal business strategy of a company.

Benefits of accelerating ROI:

Accelerating ROI will further ensure strategic relevance of ERP using rapid value features to give businesses and IT stakeholders an efficient framework to collaborate and share expertise to make ERP solutions a success. However, still there are managements who are not pretty convinced in buying Microsoft AX probably because they are not aware of its features and they do not know it can benefit them.

Here are some great reasons, how Microsoft Dynamics AX can help a company’s/enterprise/ businesses to achieve its future goals. 

• Microsoft Dynamics AX is considered a powerful business solution for the global enterprise of today and tomorrow. It is not only a simple to use tool, but also easy to learn, employees do not need to go through extensive training sessions to learn how to use dynamics AX. 
• It is designed to deliver fast results and add value by supporting industry specific and operational business processes across your global enterprise. 
• Run your global enterprise using the feature AX ERP solution as it will help you in getting new business opportunities while streamlining global operations and creating uniformity in them. It will further help a business in expanding its boundaries on the global front with the assurance of keeping uniformity across all branches. 
• It offers country specific localizations in a single solution to meet regulatory requirements of 36 countries including China, Brazil, Indian and Russia. 
• It let companies to work better, smarter and faster by allowing them to access information fast and by enabling them to get the records instantly which will further help them in taking wise decisions whether it is about a new product launch.
• Its roleTailored user experience let everyone help companies to identify the duties of employees so that they can perform their daily task without getting into technicalities of software. They can get a complete insight of the software and their job duties within few minutes.
• It offers a reliable channel of communication to employees so that they can stay in contact with other counterparts and let them know about the current state of their work.
• Business today and tomorrow can meet the challenges smartly because of Dynamics AX as it allows them access the previous information and make a decision on real facts and figures. 
• There is no need to wait in order to get detailed reports, now with the help of dynamics now it is really easy to generate detailed reporting on daily as well as regular basis.
• Flexible architecture allows companies to take benefits of this ERP solution even when they are planning great expansions. It will be there to help them with the same efficiency and reliability.