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We are thrilled that Gartner has recognized Microsoft as a Leader in the 2021 Magic Quadrant for Cloud ERP for Product-Centric Enterprises for Microsoft Dynamics 365.
Dynamics 365 Supply Chain Management and Dynamics 365 Finance offer businesses two standardized enterprise resource planning (ERP) capabilities on a composable ERP platform, functioning as stand-alone solutions or as a tightly integrated and extensible system. As product-centric enterprises look to renovate their existing ERP platform to improve systems and processes by moving them to the cloud, Dynamics 365 is enabling the transformation and improving IT agility to deliver business outcomes in the process.
For example, Bel Fuse recently selected Dynamics 365 Finance and Dynamics 365 Supply Chain Management to move away from a legacy version of Oracle that was highly customized and difficult to update. Bel Fuse was able to unify its data and can now more easily manage its supply chain operations and finance processes, gaining more agility to respond quickly to changes in the market.
Dynamics 365 also delivers an enterprise SaaS application capable of providing data, analytical insight, and operational application services by running on the Microsoft Azure cloud. The Azure cloud enables clients to use Microsoft Power Platform for analytics and Microsoft Power Apps for low-code/no-code extensions, allowing organizations to improve operations with real-time, AI-based predictive insights across a broader ERP strategy.
An excellent example of a company leveraging these capabilities is GN Group. GN Group recently adopted Dynamics 365 Supply Chain Management and Dynamics 365 Finance to centralize all its ERP data in the cloud. With help from Microsoft Partner Network member SCALES Group, GN Group evolved its supply chain processes to be more agile and structured. It uses Dynamics 365 Finance to unify financial data and gain AI-based predictive insights in real-time. The company also adopted Microsoft Power Platform to extend its Dynamics 365 business applications. So far, GN Group uses Microsoft Power BI for reporting and analytics and Microsoft Power Apps to build a custom, vendor-managed inventory (VMI) solution that seamlessly connects to Dynamics 365 Supply Chain Management.
And we continue to invest and expand our capabilities. At the end of July, we acquired Suplari, a leading provider of supplier spend insights that enable companies to proactively manage supplier spend by transforming data from multiple sources, such as contracts, purchase orders, invoices, expenses, and supplier risk, into valuable insight. By bringing Suplari’s spend intelligence insights together with the existing Dynamics 365 capabilities, Microsoft is further helping organizations become insight-driven and enabling business leaders to take strategic action. In August, Dynamics 365 Intelligent Order Management became generally available. It enables enterprises to optimize and automate fulfillment using real-time inventory, AI, and machine learning. Organizations can truly gain the agility they need to quickly adapt to changing business models, support the latest fulfillment methods, add new order intake channels by seamlessly integrating their existing ERP systems to manage the entire order lifecycle from intake to fulfillment.
* This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Microsoft.
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Gartner, Magic Quadrant for Cloud ERP for Product-Centric Enterprises, 24 August 2021, Tim Faith, Denis Torii, Paul Schenck, Dixie John, Abhishek Singh.
Brought to you by Dr. Ware, Microsoft Office 365 Silver Partner, Charleston SC.