Before we begin guiding you through the new add-ons let’s answer; What even is an add-on module in Dynamics 365?
Simply put, this is a software component that provides additional functionality to extend and incorporate your ERP vendor’s basic kit. Companies have deemed that the best breed strategy is to pick ERP add-on modules from various suppliers.
Why Should You Consider Implementing Add-on Module in Dynamics 365?
Many different modules are used with most ERP applications, including Dynamics 365. Each module reflects an organization’s particular business purpose. Some of the most famous modules are:
- Sales and marketing (CRM)
- Financial management
- Supply chain management
- Inventory management
- Human resources management
If your company decides to adopt Dynamics 365, you will possibly want to accomplish those organizational objectives. For example, you may want to:
- Streamline current processes
- Improve outdated workflows
- Manage business growth
- Optimize productivity
- Reduce costs
Due to most ERP systems‘ modular design, only suitable features can be selected for your business objectives.
Benefits of Dynamics 365 Add-on Modules
1. Upgrading for growth by the time
Add-on Dynamics 365 modules make it possible for smaller companies to save money and energy over an extended period of time. This enables organizations to evolve into their D365 structures as their organizational measures of growth instead of committing to all functions at once.
With this strategy, you will just pay for the features you need and save on all the extras that you don’t need at the moment. This also ensures that you wont end up with redundant features.
2. Implementing Advanced Functionality
There may be a part of your organization or vital projects that need more than the Basic Dynamics 365 plugin development.
For instance, you may want to increase the presence of your social media. In this case, you’d need a networking framework with powerful tools to build, plan and exchange updates easily. You would also need to be able to track feedback and patterns.
While a Dynamics 365 out-of-the-box system can interface and communicate with major social networks, many ERP systems are not designed for more advanced marketing features by themselves.
3. Extending the Life of Your Investment
While Dynamics 365 is structured to be more forward-looking, many other solutions still last about ten years. At that point, the business is forced to expand beyond the capability of the out-of-the-box framework, or the technology itself will become obsolete.
Is the end of this schedule your system approaching? If your current configuration is not financially feasible, buying additional modules may serve as a viable alternative.
For example, the current structure could not be functional if you expanded from a local company to a multifunctional company or even a foreign organization.
Common Dynamics 365 Add-on Modules
If you are wondering what the modules are in Dynamic 365, you can find a range of available options when you need additional features. Although some offer niche skills, some are broader. Let’s take a look at some of the most popular complements organizations want to incorporate with their Dynamics 365 Solution and the benefits of Microsoft Dynamics CRM – plugins.
1. CRM (Customer Relationship Management)
Customers are your key stakeholders, regardless of your industry. Good ties with them should be developed and nurtured as a major goal of all companies.
CRM dynamics 365 modules can help you track critical customer information, collect valuable insights into your purchasing conduct, purchase history, and troubleshooting requests. The customers’ service levels match the satisfaction rates with this information available conveniently with just a few clicks.
2. Financial management
Looking for a little more financial knowledge in your ERP system? Although many ERP systems include financial management tools in their base offers, a more advanced approach might be required by some organizations.
In addition to basic accounting, a financial management module can conduct complicated real-time calculations. For example, with up-to-date sales data, many can calculate revenue the second earned. You can better manage how money flows from and into your company with these insights.
3. Supply Chain Management
Warehouses are full of moving parts, and it can be almost impossible to keep track of it all. This is one of the reasons why integrating an SCM module with the rest of your ERP system can be useful.
These modules capture data in real-time to enable informed decisions, similar to what you would find in standalone SCM systems. You can easily identify and correct disturbances at any time in your production or distribution process with this new visibility level. Thanks to detailed planning and forecasting tools, you can also plan for future demand better.
4. Inventory Management
You still have the opportunity to implement a module specifically intended for inventory management, even if you choose not to install an SCM module. This is a smaller version of a more integrated SCM tool, which focuses on the flow of goods to and from your storage facilities.
It helps optimize warehouse spacing and layouts to make room for new inventory in real-time inventory numbers.
In any inventory management module some of the top functions you can find:
- Stock level tracking
- Multi-location capability
- Inventory receipt processing
5. Human Resources Management
Your HR department affects your organization as a whole and affects every worker. This is, you must collect high data volumes across each department from your HR module or HCM module. It must also have strong data cleaning capabilities to ensure accurate information without duplicate or wrong entries.
An integrated module makes this task far simpler than manual extraction when reporting and sharing these insights. This is particularly the case if two departments need to communicate.
DFSM Microsoft Dynamics 365 Add-ons
Dynamics 365 Invoice Automation framework, invoices from your company are processed in a modern digital workflow where our solution automatically handles up to 100 percent of the steps.
A fully integrated structure is Dynamics Human Resource & Payroll and complies with their respective national tax regulations. That helps with electronic deductions and donations, as well as refunds and other earnings tax changes. We can help you integrate the Add-ons and Microsoft dynamics 365 features as per your business requirement.