All businesses have specific requirements that are unique to their sector and the Professional Services industry is no exception. Fortunately, something as simple as switching your business management software can leave you better equipped to deal with a multitude of issues.
Businesses in the Professional Services sector are often highly diverse and offer a wide variety of services but the end goal is always to form strong relationships with profitable clients. In this busy and fast-paced industry, it’s essential for your business to utilise an Enterprise Resource Planning (ERP) solution that allows you to track costs whilst monitoring performance and profitability at all times.
Microsoft partners with specialist knowledge of the Professional Services sector have carefully tailored Microsoft Dynamics NAV in order to increase productivity whilst reducing overall costs. Here are just 5 ways that the right ERP solution can help to make your business more efficient.
1. Expand Business & Customers
At the end of the day, all businesses want more customers and Dynamics NAV will help you to meet this goal. With the right ERP solution, you will be able to provide your clients with the fastest and most effective service by using one fully integrated sales, distribution, and financial platform.
2. Resource Management
Productivity lies at the heart of any successful business, and with Dynamics NAV you’ll be able to gauge a better understanding of employees and their performance with integrated time-sheeting, resource scheduling and payroll processes.
3. Tracking Costs
When it comes to tracking costs and crunching numbers, it can often get a little confusing. Dynamics NAV enables you to gather information from different resources, thus ensuring that your business remains competitively priced. This will help you to control your spending whilst maintaining your profit margins.
4. Project Management
With the ability to analyse your company and client relationship, you’ll be able to manage projects more effectively whilst maximising productivity and profitability. The integrated solution means that you’ll be able to close more deals and bill on time.
5. Streamline Operations
With an integrated ERP solution, you’ll be able to seamlessly integrate all business processes in order to reduce the amount of errors and time spent on data entry, saving you both time and money in the future.
This is just the tip of the iceberg in terms of what Dynamics NAV can do to benefit your business. We’ve expanded this in our Quick Guide to NAV for the Professional Services industry, which you can download below. You can also read our case study on Ashridge Consulting to see how Dynamics NAV helped them to increase productivity and reduce admin time, leading to an impressive 200% growth for the company.
If you want an ERP solution that’s just as profitable as your staff, get in touch with us today.
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