Understanding Microsoft Dynamics 365 ROI
Business is overall shifting and all the changes in it are not a surprise anymore. If you own a business either small or large, you need to have all the tools beside you. Automation is taking over the business and in that regard, Microsoft Dynamic 365 is another cloud-based application for your help. It combines the core components of customer relationship management (CRM) and Enterprise Resources Planning (ERP) including many other AI tools too.
Now, if the deployment of Microsoft Dynamics 365 is beneficial or not? How do you know about the true return on investment for an average dynamics 365 implementations(learn about new project implementation)? These are some of the important questions that might cross the mind of a business owner.
You can go through many case studies published by Microsoft itself or other highly reputed publications about how this tool is effective for efficiency and productivity. But here we can narrow down it knows about the ROI tracking through it.
How you can increase your ROI by implementing dynamics 365?
If you are already in business, you must understand the ERP solutions, CRM and other AI tools. So, when dynamics 365 comes as a whole package and you don’t have to deploy different solutions – isn’t it good news?
Nucleus research study has shown some of the facts and stats so, that people can get the idea and understand their needs regarding Microsoft Dynamics 365.
If you want to judge the value that dynamics 365 is delivering, you can read the latest study from Nucleus research here. Their analysis and report are the combined data from 2010, and it says that during the first 3 years of deployment of an ERP system, companies realize an average of $7.23 in returns. And if you will go deeper into the insights, you will know that the number goes to double when combined with Dynamics CRM solutions.
How to track ROI using Microsoft Dynamics 365?
This is a simple and obvious question by any businessman who is investing in the latest automation tools to plan and organize every department of the company. However, sales and marketing are some of the essential parts of it. No one likes to lose their investments or profits. So, the dynamics 365 is all about giving you insightful data to calculate your marketing strategies accordingly.
With the rapid shift of industry to the digitization, every company is investing more in marketing. But to figure out if it is generating profitable revenue or isn’t difficult. So, here are the dynamics 365 which help you track the ROI (Free ERP ROI calculator)
Now, how to this?
Usually, it is tracked by looking at KPI’s i.e. “deals sourced” and “deals influenced.” It connects the market response and gives you the final result. However, the process may get automated with Microsoft dynamics 365.
- It brings out all these activities together and those flexible results further ease the process of calculation.
- You can use actionable data insights to refine every single step and marketing strategy.
- The same data can help you make wise decisions when it comes to an investment.
- Change your objective with the changing dynamics and demands and supply of the market.
Ultimately, this single investment on the tool is giving you a shorter path to qualification and wise strategies for closing reasonable leads.
Business applications like this will only ease the whole process. A single investment can impact amazingly on the ROI, and even give you better revenue every year. So, to increase the revenue, you need to track the ROI and automation is the future. Understand this now and build a better future for your company.