Trident Information Systems Pvt Ltd

Upgrade NAV to Dynamics 365 Business Central if you Haven’t Already!

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Microsoft Dynamics NAV, an on-premises ERP that assists businesses in managing enterprise-wide systems and procedures, is being phased out. Microsoft advises NAV to Dynamics 365 Business Central upgrade for current Dynamics NAV users. Dynamics 365 Business Central, being a modern company management tool, enables organizations to integrate all their processes into one platform. It integrates activities across the departments of production, supply chain, customer service, sales and marketing, and finance. The Business Central on-premises or cloud-based versions are available to businesses. End of Dynamics NAV Support! Microsoft has announced the discontinuation of support for various NAV versions, which means that there will NAV to Dynamics 365 Business Central not be any further NAV ERP updates. Additionally, it will stop offering any kind of extended support, which means that the NAV versions will not receive any security patches. The system will become more open to external threats due to Microsoft’s lack of support. Additionally, the system will age over time and be unable to keep up with technological advancements. Finding IT workers who are knowledgeable about NAV will get harder over time. Why Would You Get a NAV to Dynamics 365 Business Central Upgrade? Since Business Central is a new system and many businesses are unfamiliar with it, several businesses using MS Navision are delaying their choice to upgrade. Although it is a modern ERP, it is built on the Microsoft Dynamics NAV platform and has many advantages over NAV. There are various reasons to choose NAV to Dynamics 365 Business Central upgrade such as: It is Economical Any business can afford the on-cloud edition of Business Central. Depending on the number of users, the company must pay a licensing cost either monthly or annually. Microsoft Azure is used for hosting. The business pays less money on hardware like servers, security measures, installing software, etc. Microsoft also upgrades Business Central twice a year, which lowers the cost of maintenance. A Safe Solution with Modern Features and Capabilities Microsoft offers better features and functionality than NAV, a 99.9% uptime guarantee, is mobile-friendly, and gives around-the-clock access through a web browser from any location. Users can automate repetitive operations, which will save them a ton of time and increase their productivity. According to their needs and the role-based rights provided to them, users can quickly create reports and share them with others. Microsoft employs a group of professionals to oversee the solution’s security and provide routine backups. Improved third-party and native integration capabilities Power BI, Microsoft Office 365, Microsoft Azure, and other Microsoft products are all effortlessly integrated with Dynamics 365 Business Central. Additionally, it offers consumers a single sign-on option for the complete Microsoft product line. To expand its functionality, it can also integrate with apps developed by third parties. Enhanced Interface A user-friendly, contemporary interface is offered by Business Central. The design is consistent with that of other Microsoft products. Across all devices, it offers a consistent user experience. Numerous possibilities for deployment and adaptable licensing It comes in two varieties, as was already established. The business can pay the on-cloud version’s monthly licensing fees. The business can instantly expand and add new users with ease. For an upfront cost, a business can purchase perpetual licenses for the on-premises version. How can Trident Information Systems Assist? The most recent versions of Microsoft Dynamics NAV deployments can be upgraded by a team of experts at Trident. We have tested the method to deliver the upgrading projects, from advising to going live. To prepare an upgrading plan, you must first figure out your necessary budget. Trident Information Systems is a D365 Gold Partner and LS Retail Diamond Partner. With our technical professions and robust record of accomplishment, we have managed to gain a massive clientele. Let our professionals guide you through the Microsoft Dynamics NAV to Dynamics 365 Business Central upgrade process. Book an appointment for a free demonstration. Contact us right now.

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Why Should You Choose IT Staff Augmentation Over Outsourcing?

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One of the most expensive and essential parts of any business is its IT. This is a result of both the personnel costs and the expenditure associated with the gear. It becomes more cost-effective to engage a full team of IT staff than to try to manage it internally in nations like India where IT professionals are easily accessible. Since it is both affordable and profitable for a full-time team, the idea of IT Staff Augmentation is growing in popularity. You may get IT to work done for your organization in a variety of ways. The choice of whether to recruit an internal team or an external team is one of the trickiest. Here are some of the important criteria to consider when choosing between an in-house and an outsourced workforce. Why is Outsourcing not so Reliable? Based on the current state of technology, organizations that use outsourcing are more likely to develop a “blended culture” when they hire individuals with non-technical backgrounds. They find it challenging to comprehend the evolving technical needs of clients because of this. Benefits of IT Staff Augmentation Greater Reach to a Highly Skilled Talent Companies that provide consulting or Resource and Staff Augmentation Services control both the active and passive markets. True talent is found in passive marketplaces that are mostly unexplored, even though an active resource pool is open to all. Here, employing a staffing agency through outsourcing can make all the difference. Consulting firms have a much wider audience, and it’s simple to find and hire highly qualified personnel. Therefore, IT Resource Augmentation will get you working on the ever-evolving product demands. Thus, outsourcing recruiting makes perfect business sense. Credible Hiring Managers To keep a high level of confidence, staffing companies often collaborate with the same hiring managers. On the other hand, corporate recruiters collaborate with several recruiting supervisors. In comparison to corporate recruiters, staffing agencies continue to find superior applicants for a particular profile by leveraging this credibility and trust element. Longer Guarantee Period The fact that Staff Augmentation providers offer a six-month to one-year employee guarantee is the best extra benefit associated with hiring them. Given that the typical minimum project duration is six months, IT companies can take considerable comfort in this promise. In the minimum guaranteed term, businesses will be able to finish at least one project using the resource. Cost Effective The staffing company’s pay is based on placements, not how many applicants they were able to schedule for interviews. The flexibility of using a resource is one of the main benefits of outsourcing your IT requirements. You can choose to extend your outsourcing contract for another 6 months to 2 years without worrying about having too many resources on hand. Additionally, the IT Staff Augmentation is quite economical. You don’t need to worry about administrative expenditures or other employee onboarding expenses because the staffing firm will handle everything. Staff augmentation has tremendous benefits over outsourcing. Therefore, it is smarter to go for IT Staff Augmentation. If you are looking for the service, you can Contact Trident Information Systems, a D365 Gold Implementation Partner and LS Retail Diamond Partner. We have one of the best IT technical personnel working for us and we would love to share their skills with you. For further information, you can Contact Us anytime. Our team will be happy to help you.

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How Can Staff Augmentation Help You Double Your Productivity?

Staff Augmentation / Trident Information Systems

There is a reason various IT businesses are counting on Resource and Staff Augmentation recruitment principles. It is best for businesses with seasonal projects and who want to add skilled professionals to their existing workforce. Increasingly, companies are partnering with supplying organizations to access IT Resource Augmentation for a certain duration. Depending upon the organization’s needs, Augmentation Resources can take various forms ranging from remotely locating professionals to increasing the workforce. Furthermore, IT companies choosing Resource and Staff Augmentation over traditional methods is becoming more and more common. Irrespective of the business size, almost every business prefers Staff Augmentation in one way or another. For instance, small businesses augment their entire workforce complimenting a minute percentage of their permanent employees. Whereas large-scale businesses keep their permanent employees intact and outsource IT professionals based on projects. This further becomes a very profitable opportunity for the demand and supply partners. Why IT Resource and Staff Augmentation? The availability of short-term roles in IT organizations and the talent pool with specialized skills are connected by staff augmentation. The most popular recruitment strategy nowadays is Resource and Staff Augmentation because it allows for workforce flexibility. While the full adoption of staff augmentation is still some distance off, most firms are transitioning to a hybrid model. Therefore, most businesses use the opportunity to combine the advantages of traditional staffing methods and staff augmentation. Salaried workers are a thing of the past as millennials now operate the majority of businesses. How can IT Resource and Staff Augmentation Help You Double Your Production? Staff Augmentation Resources brings a lot of opportunities for businesses to access professional expertise without having to hire them. Given below are some of the factors describing how it can boost a business’s productivity: On-demand Hiring The flexibility of IT Resource and Staff Augmentation is one of its main advantages. As a result, businesses can hire workers to meet their immediate demands. To meet the needs of the hour for a specific period, businesses might replace their regular personnel with qualified individuals. Thus, the businesses avoid additional expenses associated with permanent hiring. Take the case of employee provident funds and health insurance, thanks to this flexible hiring, these aspects are not bothered. Furthermore, it allows experts the adaptability to operate according to projects. Only excellent initiatives of your choosing are permitted. Because of this, both parties benefit and are in a win-win situation. Therefore, this effectively and economically bridges the professional skills gap between demand and supply. Further, the advantages of staff augmentation creatively fulfill the objectives of employer and employees by enabling recruiting on the fly. Lay Hands on a Bigger Pool of Talent Firms have access to a sizable workforce pool of highly qualified employees thanks to Staff Augmentation Options for IT organizations. Permanent hiring limits a company’s capacity to utilize the talent on the market. However, staff augmentation makes it possible to hire more millennials who have received intense skill development. The techniques that staff augmentation candidates bring to the table are distinctive and advantageous because they frequently focus on a certain topic. Additionally, Staff Augmentation Services enable businesses to hire seasoned professionals who the latter may not be able to afford to recruit regularly but who can contribute their skills for a brief project. Therefore, staff augmentation solutions for IT organizations expand any company’s resource pool by enabling the hiring of specialized skill sets. Economical Competitive Edge Resource and Staff Augmentation services provide a practical way to utilize particular skill sets. Thus, the company does not have to pay for a long term because experts are recruited for a specific job. Therefore, hiring project-specific recruiters enables businesses to pay for personnel only as needed. Additionally, by bringing a domain-centric understanding to the operational structure, this skill-specific talent gives an advantage over all rival brands. By demonstrating the talent pool at their disposal, the enterprises are also able to reach out to larger markets due to the availability of external talent. This results in a twofold win for the businesses. They first gain access to a vast talent pool for a fraction of the price of traditional hiring. Second, they are in a better position than their rivals who don’t have the same hiring flexibility thanks to this talent pool. Operational Efficiency Most small businesses have low returns on capital and high operational costs, particularly during lean times. Companies that provide Resource and Staff Augmentation support operational efficiency by offering flexible working environments. Companies that cooperate with supplying organizations avoid paying the infrastructure costs associated with constructing and operating in a new location. The experts may work from home or in the offices of the businesses that supply them. Despite working remotely, employees are entirely responsible to the hiring company and management. The costs of functioning offshore are greatly reduced in addition to infrastructural costs. As a result, staff augmentation services lower operation costs and acquire experienced workers. Profits can be easily generated from such savings. If you are looking for Resource and Staff Augmentation Services, you can Contact Trident Information Systems. We will send the most suitable employees to your service out of our 170+ technical resources. Trident is a Gold D365 Implementation Partner and Diamond LS Central Partner. With more than two decades of experience, we have managed to manage various ventures of different verticals. If you need any assistance with staff augmentation, Contact Us Today!

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AX to D365 Finance and Operation Migration

5 Reasons to Upgrade Your Dynamics AX if You Haven’t Already

AX to D365 Upgrade / Trident Information Systems

Keeping up with rapidly changing technologies is a crucial duty for businesses seeking success. It is critical to stay on the latest technology to thrive in the market. Therefore, AX to D365 Finance and Operation Migration is also extremely critical. There are plenty of reasons behind it: Dynamics AX 2012’s mainstream support from Microsoft ceased in October 2021, hence AX to D365 Finance and Supply Chain Management Upgrade is in demand. Finance, SCM, or Dynamics 365 commerce are in demand these days. Nevertheless, there is another reason you should get rid of D365 AX. That is, Microsoft hasn’t upgraded Dynamics AX in a while, thus it’s gradually losing much of its usefulness. Furthermore, on-premises infrastructure will only push you back when most enterprises are moving to the cloud. In brief, implementing AX to D365 Finance and Operation Migration will eventually help you survive in this fiercely competitive market. This blog will further discuss the advantages of D365 Migration for your company. What Will You Get After AX to D365 Finance and Operation Migration? Given below are the top 5 advantages of AX to D365 Finance and Operation Migration, and how it will let your business become more productive. Cloud-based Solution The architecture is the primary factor in choosing D365 F&O over Dynamics AX. Because Dynamics AX is an on-premises platform, users are required to host the application on local servers. Whereas, Microsoft Cloud Azure service hosts and powers Dynamics 365, a cloud-based software. The fact, that the entire ecosystem is managed by the service provider, is the greatest convenience of using cloud-based services. Besides, Dynamics 365 allows access whenever you want on any OS or browser. Regular Updates The constant improvement is just another convincing argument to Upgrade AX to D365 Finance and Operation Module. When you select D365 F&O, you can get frequent software upgrades increasing the functionalities of your program. Three updates in a row can also be paused thanks to technology. You can decide the features to enable or deactivate, and it’s not necessary to download all the updates. And gaining access to the latest technology will help you increase your firm’s productivity, profitability, and sustainability. Further, the routine system upgrades absolve your IT staff of the duty of managing or upgrading the software. Robust and Innovative Features After AX to D365 Finance and Operation Migration, you can get a creative and expansive set of D365 features. In fact, according to reports, D365 has about 3700 features and specialized solutions designed for particular businesses. These characteristics are linked to several horizontal tasks. Product technology, sales management, manufacturing management, inventory management, financial accounting, and human resources management are what you can expect here. D365 F&O is the all-in-one ERP System every firm needs because of how these features and functions interact. In addition, these components work together to greatly improve corporate performance. Thus, providing productivity and customer satisfaction. Intuitive Interface The user interface is one of the most obvious differences between Dynamics AX 2012 and D365 F&O. Users have to use Dynamics AX from the desktop, and it has a standard ERP user interface. In contrast, Dynamics 365’s user interface is cutting-edge and approachable. It is accessible via web and mobile browsers, unlike Dynamics AX, allowing users to utilize it whenever they choose. An internet connection and a gadget are all you need to get started. Moreover, the Workspaces component of the Dynamics 365 F&O interface allows users to create unique queues and links to assist them with daily chores. Overall, the user-centric design of Dynamics 365 eases user access to services more quickly while improving innovative and team experiences. Scalable Being a Cloud-based ERP Solution, Dynamics 365 enables services to be scaled as and when necessary. Therefore, with AX to D365 Finance and Operation Migration, you can extend your services as your business expands. Besides, this suggests that you won’t need to put down a sizable deposit. Furthermore, as your business expands, you can start with the bare minimum package of services and progressively add more resources. Again, you can alter the level of service provided based on the size of your team, your budget, and the modules and apps your team needs. As a Result, making D365 F&O a more affordable option thanks to its subscription-based approach. Due to no resource waste, you just pay for the services you use rather than a whole bundle. Microsoft D365 is well renowned among enterprises for a reason after all. It is neither messy, nor out-of-your budget. Summing up, by utilizing the possibilities of Microsoft Dynamics 365, Power Platform, Azure Cloud Platform, and our distinctive, sector-specific services, Trident Information Systems, a Microsoft Gold Certified Partner, helps companies create the optimal digital transformation strategy. If AX to D365 Finance and Operation Migration is of interest to you. Please Contact Us Here Now.

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Why Are SMBs Around the World Now Moving Their Traditional ERP to Cloud?

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In a world where businesses must maintain their agility while working remotely, there is an urgent need for the right solution to cope with the market dynamics. IT managers do not have time to spend on maintaining infrastructure anymore; instead, they focus more on developing processes and applications which will help the organization remain competitive. It is best to implement a unified ERP and CRM like Microsoft Business Central which frees the user from its maintenance and upgrades. Instead, the Business Central ERP Implementation partner handles everything. Traditionally, ERP software designed for manufacturing companies would be hosted on the local server, on the company’s premises. At this stage, the company needs more storage and a faster processor that comes at a cost. Additionally, the pressure to produce more efficiently and effectively would be there automatically. As a result, various businesses had to approach the cloud for a solution like Dynamics 365 Business Central. Between 2010-2015, between 21-36%. EU businesses using ERP moved to the cloud. By 2017, the latest cloud-based ERP software covered 2/3rd of the global market share. As the ERP becomes more prominent in the business mainstream, the associated technology keeps advancing while offering tremendous benefits to a business. Why Would You Choose Microsoft Business Central as a Cloud ERP? Microsoft Business Central is a Unified Cloud Erp and CRM which is designed for SMBs of different verticals across the world. It provides the agility of Microsoft Azure cloud and deep analytics using Business Intelligence. It comes with various benefits such as: Cuts Unnecessary Costs Microsoft Business Central serves at a low establishment cost, unlike traditional ERP. There is no need for hardware set-up that concludes with instant implementation and no downtime. No server maintenance is required. Therefore, it elevates the IT department from specific tasks and allows enough space to work on other areas of business development. Software upgrades happen on the cloud automatically without downtime. Hence, going to the clouds saves a lot of time. Non-setup also means no balloon investments. Businesscentral runs at a monthly subscription with immediately operational software. There is no need to weigh your ROI with the most technically advanced software; you no longer have to push every bit of the software when the update or a new software switch is hardware-free. Easy Updates Working with ERP requires frequent updates to improve performance, fix security threats, and so on. The process will be even more tedious and frustrating if you work on an on-premises ERP demanding a lot of your IT resources. Have you thought of the worst-case scenario? Incorrect or unfulfilled upgrades, sometimes even installing the wrong version of the software. Microsoft Business Central saves you from all this. The responsibility for upgrades is on the provider. Minor upgrades happen automatically without disturbing the usual ecosystem of your business. Whereas for major upgrades, the provider sends notifications in advance. Improved Security Data security is one of the major concerns when businesses opt for ERP services. Many business owners believe on-premises ERP is safer as everything is happening in-house. However, vendors like Microsoft Dynamics 365 Business Central have built-in security protections that safeguard your data. Avoiding cloud-based technology is one of the biggest mistakes that businesses make. Little do they realize it is even riskier to rely on the outdated or mismanaged in-house system which is at more risk than those Cloud systems. Cloud security comes with data encryption, response time monitoring, secure network and key logs, malware protection, security of physical locations where the servers are based, frequent back-ups, intrusion prevention, and failover capabilities. Such security measures help prevent data loss. Cloud-based ERP systems like Microsoft Business Central deliver a robust backup and recovery plan. Better Accessibility, Agility, and Collaboration Microsoft Business Central offers more usability, accessibility, and mobility as compared to the on-premises ERPs. During this time, it is essentially relevant when every business is becoming decentralized. If you have a managed cloud ERP, your corporate agility improves. Therefore, your employees can more easily access tools once they are connected to the internet, anywhere on their devices. This is especially useful for companies having their business in multiple geographic locations. Apart from this, it provides real-time visibility into the current business processes. Greater accessibility drives higher cross-departmental productivity and collaborations. Integrated data sharing becomes easier, and so does critical decision-making while complying with mobility. Tap Into More Business Intelligence Capabilities It is much easier for Microsoft Business Central to compile and store data in a single system. It is crucial for accurate data analysis. The best part is that it delivers a built-in analytic feature driven by real-time data called Power BI. This way your team can easily identify real-time changing business conditions, potential strategies, enhanced business operations, and low risks in decision-making. Moving your ERP to Microsoft Business Central can reap tremendous benefits. Data encryption, response time monitoring, secure networks, and key logs, malware protection, security of physical locations where the servers are based, frequent back-ups, intrusion prevention, and failover capabilities are what come along with cloud security. However, this is not it. Finding the right Business Central Partner is as important as the ERP software itself. Trident Information Systems is a Gold Partner of Microsoft Dynamics 365 and LS Retail Diamond Partner. Contact us for further information.

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5 Guaranteed Business Suggestions 90% Restaurants Underlook but the Top 10% Don’t

Restaurant Management ERP / Trident Information Systems

Restaurant Businesses are thriving around the world. However, only a certain percentage of them make it to the top. Have you wondered why? What different do they do to reach that level? How did a once-newborn business reach the pinnacle? Of course, the quality of food matters, but is that it? Is it enough for a restaurant to touch the sky? No. Their strategies, Restaurant Management Software, business environment, the attitude of staff, etc. are all that make a difference. The hospitality industry has been among us for several decades and is expected to stick around and grow. Therefore, there are exponential opportunities for a restaurant to grow. You just need to know where you are lacking and what these top 10% of restaurants do that you don’t. Study their journey and implement whatever you can in your business. This blog is all about the top 5 factors you underlook but can boost your business and make you one of the top 10% of restaurants making the most money. Get a Suitable Restaurant Management Software This is the most obvious and basic thing that successful businesses do but many businesses overlook it. To save a few bucks, several restaurants choose to work in silos which adds to their complexities instead. They do not realize how much of their potential is at stake if they work on disparate systems instead of Restaurant Management Software. It is recommended to choose a unified Restaurant Application that provides all the basic and advanced necessities on the same platform. Make sure your Hospitality Management System uses the same data center, so you don’t spend hours finding the relevant data. A unified system can do wonders for your business. Restaurants such as Hard Rock Cafe, KFC, Haldiram’s, Tokyo Sushi, etc. use a unified Restaurant Management Software called LS Retail, an extension to Microsoft Dynamics 365. Investing in the Latest Technology Implementing the latest technology is one of the most common things the top ten percent of successful businesses always consider. Since they must manage many tasks while cutting costs, they prefer automation. They installed a Restaurant Management System which updates automatically where no maintenance and upgrade is required by the team. Instead, everything is managed by a third-party service provider. For instance, KFC has implemented LS Retail which is a unified Restaurant Management Software providing a set of tools customized to target their needs. The upgrade and maintenance are managed by the implementation partner and the data security is taken care of by Microsoft Itself. Being hosted on Microsoft Cloud Azure, they do not have to worry about viruses, threats, and malware. Contactless ordering and Billing The contactless trend increased during COVID which encouraged contactless technology such as Point of Sale Software. Businesses such as Haldiram’s (with a net worth of $100 million) offer faster and more accurate services using this Restaurant Management Software. A POS is not just limited to taking orders and bills, but also managing their inventory, purchasing and supplier management, and managing customer loyalty. Many businesses don’t realize it, but it can help them in the long run, just like Haldiram’s. Getting Accurate Insights This is one of the most undervalued aspects of most businesses, but enterprises make full use of it. They rely on analytics tools such as Power BI, which collects customer interactions from all the touchpoints to turn them into actionable reports. These reports help them to make master strategies such as loyalty programs, deals, offers, coupons, changes in restaurant policies, etc. These insights also help in connecting with the customers emotionally; when you remind them what they ordered last time and how much they appreciated their feedback, the customer feels being cared for. This is when it becomes a great opportunity for restaurants to drive the most reliable promotion tactic i.e., word of mouth by their customer. Empowering Staff with Devices It is no shock that the hospitality industry faces the highest employee turnover rates. A successful business retains its staff and keeps them motivated. Giving them handheld devices connected with your Restaurant Management Software will save a lot of their time and keep them motivated. They can work to their full capacity and will have enough energy to greet each customer with enthusiasm. There is a reason why some restaurants make it to the top 10% and the rest don’t. They just don’t ignore the underlooked aspects of the business. They get the best technology in their reach, utilize their data, avoid silos, invest in the right Restaurant Management Software, and so on. Successful businesses such as KFC, Barbeque Nation, and GO Grill use Microsoft Restaurant ERP Software, which is also known as LS Retail. If you wish to implement LS Retail Software Solution, Contact Trident Information Systems, a Diamond LS Retail Partner and Gold D365 Partner.

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Win Customers with On-Time Delivery!

Transport Management Software / Trident Information Systems

ERP for Transport and Logistics is just what you need if you want to work smarter (through linked operations) and experience tremendous flexibility and scalability in your daily operations (while keeping up with current trends). Dynamics 365 for Logistics gives you the necessary visibility across your customer service, sales, marketing, and distribution systems, enabling you to create goods and processes to satisfy the various demands of the market and your consumers. Along with accelerating product debuts and providing flexibility in delivery times and plans, you can also make production management simpler. You may manage your company’s transportation with Dynamics 365 for Logistics. You can also find vendors and routing options for receiving and delivering orders. It also facilitates: Planning inbound and outbound transportation effectively is crucial because of the intense price (and market) demands that exist today. You should look for ways to reduce your operational costs through process improvements. Enhancing inbound and outgoing transportation is one approach to saving costs. You can effectively optimize the shipping procedure while placing orders with vendors or sending goods to customers (based on the due date, cost, and equipment capacity). How to Ensure On-Time Delivery with Dynamics 365 for Logistics? You often have a variety of delivery alternatives for cargo when accepting or dispatching goods to and from vendors or consumers. These are often determined by specific commercial constraints like delivery deadlines, transportation expenses, or travel distance. Regardless of the method or route you select, on-time delivery (at the lowest possible cost) becomes necessary. Dynamics 365 for Logistics examines every element that directly or indirectly affects delivery time and gives you the option of taking the shortest path. You must look after the other aspects to ensure prompt delivery. Enable Accurate Shipment: Ensuring flawless order fulfillment is one of the key goals of any Logistics and Supply Chain Management Software. ERP for Transport Company carefully assesses the various shipments and enables you to achieve precise dispatches every time by determining the origin of a sales order based on client needs and stock levels at business locations. Therefore, Dynamics 365 for Logistics has all the answers to your questions about whether it makes sense to move inventory from one factory location to another before goods are shipped to the destination or if it makes more sense to ship to the destination, say, from the closest factory. Find and select the most lucrative careers: With its cutting-edge Business Analytics, Dynamics 365 for Logistics enables you to connect to sizable, established networks of suppliers and carriers, saving you time and money. It chooses the most profitable and appropriate suppliers and vendors by sorting through thousands of them. Obtain a comprehensive overview of all the current carriers, compare them to one another and benchmarks, and evaluate their performance over time to determine if the carrier network you intend to select is operating at its peak potential. Ensure Real-time Visibility: ERP for Logistics Operations goes beyond simple transportation issues to give everyone who needs it real-time access to the entire order and delivery process, including supply chain and transportation staff as well as managers of procurement, warehousing, and production scheduling. You can save expenses, boost supply chain efficiency, and optimize purchasing decisions thanks to this role-based visibility. This visibility also enables you to spot and address process flaws that lead to supply chain variability, providing you with previously unheard-of control over orders as they travel. Ensure Accurate Replenishment: One of the most important duties in transportation management is replenishing your inventory. With Dynamics 365 for Logistics, you can configure a minimum/maximum replenishment strategy-based replenishment process. When inventory goes below the minimum level (which you designate), the location will automatically receive replenishment. Alternatively, you might enable demand-based replenishment, which would look for open demand replenishment tasks first when it is triggered. The quantity required will then be subtracted from any demand replenishment that meets these requirements. A new demand replenishment work order will be produced if the quantities on an existing demand replenishment work item are insufficient to satisfy the new demand. Late delivery can break your business. Customers have become impatient due to one-touch accessibility to almost everything in the world. They have multiple brands sweeping off their feet trying to impress them. Late deliveries can ruin everything for you. To avoid it, you must implement Dynamics 365 for Logistics if you are looking for an implementation partner, Contact Trident Information Systems, a D365 Gold Partner, and LS Retail Diamond Partner.

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Maximize Profit with Automatic Finance Management and Visibility!

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As soon as your business starts growing, make sure you manage your finances quickly, extensively, and cohesively. The key to surviving and thriving in the market is your financial decisions derived from the data and reports you have. Make sure you have Finance Management Software that keeps your financial management agile and adaptable to the ever-changing market conditions. D365 Finance and Operations is one of the most used Finance Management Platform across the world. Its Why Do You Need Financial Visibility? World economies are expanding through globalization. Because of this you need to cope with the rivalry to last long. To ensure you produce sales, in the long run, your business needs robust financial planning. Implement a Budget Software which can: Enable upcoming financial planning and fund acquisitions. Ensure economic stability. Boost your organization’s overall value and profitability. Get accurate data to support your financial decisions. Optimize workflow to allocate funds and resources. How to Build a Lucrative Finance Management Strategy? Finance management includes the practice of controlling, setting up, and managing your financial resources to achieve business goals. This may include various aspects revolving around expenses, profits, losses, etc. To build a profitable finance management, you must check the following boxes Planning finances based on forecasts while using tested functions to achieve financial goals. Prioritizing long-term initiatives. Creating plans based on market dynamics, your business model, and goals. Effective finance management ensures accurate data your team can use to make effective financial plans to achieve goals. D365 Finance and Operations provides accurate business and market analysis to help you invest in the most lucrative options. How Does D365 Finance and Operations Help Manage Your Finances? Dynamics 365 Finance and Operations suite provides a single platform where you can avail yourself of all your finance management tools. The best part is, it evacuates the scope for siloes and enables a single source of truth. Its analytics tools enable real-time data to understand your financial shortfalls which you can use to make high-yielding financial strategies. It also provides the following capabilities: Boost Your Financial Decision Making With real-time visibility into your finances and robust analytics, Dynamics 365 Money Management Software helps you make logical decisions with the most accurate data. D365 Finance and Operations access your business’s conditions and enhance financial controls to foster growth and agility with embedded analytics, AI-driven insights, Power BI, and Financial Reporting. Automates and Unified Your Business Processes With this Money Management Software, you can minimize costs while optimizing spending throughout various business geographies using budget control, process automation, and financial planning and analysis. Automation speeds up your monotonous and siloed operations while freeing up your finance staff. You can boost your profitability by engaging them in other high-yielding tasks. Furthermore, this will also spare them enough time to research and plan more precisely. Cuts Global Financial Risks and Complexities D365 Finance and Operations helps you comply with your business location’s policies in almost all countries. Therefore, it is even suited for businesses having chains in different countries. Furthermore, you can centrally view, manage, and control all your businesses from the headquarters. You can avail yourself of guided, rule-based charts of accounts with no-code configuration services only to de-complexify regulatory reporting, global payments, and electronic invoicing. Reduces Costs and Enables Strategic Impacts With agile financial planning, process automation, budget control, and accurate analysis, you can easily find unnecessary spending and cut it likewise across various business geographies. Provides Excellent Data Security and Back Up Being hosted on and by Microsoft Azure Cloud, you can expect bank-level security from hacking, theft, malware, and viruses. Microsoft has assigned over 3000 technical experts to work 24/7 to keep your system and data safe. Once you associate with D365 Finance and Operations, you never have to dread data loss as it is backed up automatically on the cloud. It is easily uploaded and retrieved. What Do D365 Financial Tools Ensure? D365 Budget Management Tools ensure all your requirements for smooth financial operations are met. It simultaneously cuts manual labor, errors, and possible redundancies. Some additional features may include but are not limited to: Visibility into all received and sent payments. Coordinating expense statements, income statements, and balance sheets. Maintaining different accounts and being able to search them easily. Promising data security and integrity. Tracking and updating the records of all your liabilities and assets. Making an accurate and full-fledged audit trail. D365 Finance and Operations helps integrate core components with the least disruptions providing high-quality and real-time visibility into your business’s finances. If you are looking forward to implementing this Financial Management System Software, you can Contact Trident Information Systems, a D365 Gold Partner and LS Retail Diamond Partner.

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You Will Never Dread Inflation Again with ERP Software for Retail

Retail ERP Software / Trident Information Systems

You are already aware that the rising inflation rate is having a detrimental effect on consumers and businesses. As prices for everything, including food, electricity bills, and household goods, soar to record highs, everyone is feeling the effects. Trade associations, particularly among poorer households who are more vulnerable to the effects of inflation, like the National Retail Federation (NRF) in the US, which monitors industry changes, emphasize some of the ways that these kinds of events alter consumer behavior. Retail industry leaders too are impacted by the situation. However, they can use it as an opportunity with ERP Software for Retail. With Retail Business Software, retailers can make ground-breaking profits in inflation with attractive policies. Even though it’s challenging to predict exactly what will occur in the coming months, we do know that the retail business has survived and, in some circumstances, even thrived throughout prior recessions. Analyst McKinsey provides a more optimistic analysis of the situation, saying that “retailers may convert these obstacles into opportunities – if they make bold, strategic decisions.” These decisions are typically influenced by retailers’ digital transformation journeys, (ERP Software for Retail) which aid them in acquiring the transparency, knowledge, and abilities required to safeguard margins and promptly address shifting customer and corporate demands. In light of this, the following five technological strategies can help your business become more resistant to inflation and other issues in the future: Order Only What Will Sell It might seem obvious that you must stock the necessary items but is it that easy? Without real-time insights, you cannot understand what items will sell at a specific time. Implement ERP Software for Retail which allows live market updates and statistics to help you analyze the right strategy for upcoming sales. LS Retail ERP will help you analyze the sentiments and spending patterns of your customers to provide them with the best deals during inflation. Furthermore, ERP for Retail will help you identify present and future buying trends and upcoming shortfalls in your supply chain. Reinforcing your business with retail analysis helps you understand your customer’s patterns, which will be useful for your marketing planning. Set Reasonable and Appealing Pricing To attract customers, you do not have to sell your products cheaply all the time, nor must you run a marketing campaign most of the time. Your customers may perceive your brand otherwise and may not even want to pay enough for the full price for your products. Instead, with ERP Software for Retail and its analytic tools, use this time as an opportunity to reset your promotional strategies. You can think of creative ideas of how you can provide products to customers at reasonable prices while saving your costs and profit margin. A UK-based retail company, Sainsbury’s, did just that. They introduced new pricing pledges during the inflation as it eased the financial pressure on customers while helping them make more profit. This way not only did they bond emotionally with them but also managed to make a profit. CEO Simon Roberts said that they have invested £60 million to lower the prices so their customers could get exclusive offers and meal deals on budget. Improve Your Staff Performance with ERP Software for Retail It doesn’t take long to see that high staff turnover continues to be a significant concern for merchants in this sector. The average staff turnover rate in retail, according to NRF, is over 60%, which is significantly higher than the average for other industries, which is approximately 19%. The expenses incurred due to all those people joining and leaving your payroll quickly mount up. Recruiting, recruiting, onboarding, and training consume time and resources from store management and cost your company money. What can you do, then, to entice the greatest employees, maintain their productivity, and motivate them to stay with you? A cutting-edge POS Software Solution undoubtedly helps. It not only enables you to organize and monitor employee schedules, but it also provides you with a comprehensive picture of costs and results. With this knowledge, you can handle brief and overstaffed times, identify high performers and reward them, and give those who require tailored coaching and guidance. Filter Your Omnichannel Strategies Retailers are preparing for less foot traffic in their businesses due to rising energy costs and gasoline and fuel costs. According to a poll by Alvarez and Marsal’s Consumer and Retail Group (CRG), more than half of consumers usually or exclusively shop when they truly need something, which results in fewer trips to the store and more things being purchased in bulk per transaction. In these circumstances, maintaining a connection with your consumers and enticing them to do business with you depends on having a seamless physical and digital presence. Make those experiences count whether customers are visiting your business less frequently or shopping online less frequently. McKinsey provides the following illustration of what this coordinated shopping experience may entail: Retailers can access all of our omnichannel chances to place an order and pick it up using ERP Software for Retail, which will also assist you with navigating and offer you visibility into the goods in the shop. You are welcome to use a QR code to conduct product research while standing in the aisle. Inflation hits every business but retail the hardest. Retailers need ERP Software for Retail during this time to accurately analyze the market and supply chain. LS Retail provides a complete ERP and CRM suite to help retailers thrive even during inflation. If you are looking for an LS Retail Implementation Partner, you can Contact Trident Information Systems. We are a Gold Microsoft Dynamics 365 Implementation Partner and Diamond LS Central Partner. For further details Contact Us Today!

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Grab Retail Sales Opportunities with LS Retail Power BI!

Retail ERP Software / Trident Information Systems

LS Retail ERP fosters Power BI which is a set of services, connectors, and apps that coordinate together to turn unrelated sources of data into visually impressive, coherent, and interactive insights. You might record data in a spreadsheet or a collection of cloud-based and on-premises hybrid data warehouses. However, Power BI ensures easy data source connection followed by visualizing and identifying essential inputs and sharing them with anyone you want. Microsoft Power BI sets an example of being one of the most popular SaaS (Software as a Service) Power BI services. You can use it on both your PC and mobile devices. Role of Power BI in Sales Any organization sets benchmarks based on its sales. A sales increment contributes to more customers, revenue, and profit. There was a time when sales data was tracked manually. It was researched and combined from various sources and transmitted into a single report. All the manual work made it tedious and prone to errors. An organization cannot create relevant sales-boosting strategies without real-time data precisely displayed in a report. Be it on current market trends, customers, competitors, or KPIs, to take relevant action, one needs accurate data. This is where LS Retail ERP comes into play. Power BI automatically draws data from various sources and turns it into actionable reports. How to Boost Sales with Power BI? Sales will not increase automatically, decision-makers need a proper understanding of their environment and relevant aspects to come up with the most logical and feasible sales-boosting strategies. Planning needs data, real-accurate data. A little input inaccuracy can lead to internal as well as external losses. A data-driven dashboard that BI generates displays essentials that need to be taken care of. Compiled data from various sources and formats transmuted into visual dashboards helps decision-makers to get a full-fledged picture of their business right in front of them. They can analyze each store’s performance and make necessary modifications, track sales performance, and much more. Here are five ideas to boost sales using LS Retail Power BI. Carry out In-Depth Sales Analysis and Forecast The very first step to employing LS Retail ERP to boost sales is to study your sales pattern. With Power BI Services, analyze sales made in the past few months and identify your mistakes. Compare the most recent sales with the previous ones and spot the difference. Identify the time you made the most sales, what strategies you used, and if it is possible to implement them again. Change your current strategies if required. Study previous statistics where you made the least sales, track the pattern and identify the redundant processes you might be repeating. Thoroughly study and compare your sales. Identify the factors or ingredients your customers did not appreciate earlier and try to avoid them. Suppose you increase your restaurant sales by 30% in 2018 when your restaurant offers free coke with a pizza. Identify the probability of an increase in sales if you implement the same or similar strategy again. Be Creative with Meal Variations Track the meals in demand the most, launch their variations or side dishes and offer them out. What ingredients can you add or remove from your meals? Offer unique side dishes like a new cake variation or add a mix of different herbs to French fries. You can also launch innovative dip ranges with simple snacks like chips, French fries, chicken nuggets, potatoes nuggets, etc. such as cashew cream, creamy jalapeno dip, Romasco sauce, Persian cucumber dip, and so on. With LS Retail ERP you get plenty from different touchpoints. Create Loyalty Programs and Special Deals Understand each of your customers, scan through their most recent purchase, and read their spending behavior with Power BI. customize exclusive deals and plans based on their preferences. Classify customers into distinct groups and launch specialized offers for them. Prepare meal plans and meal deals, avail loyalty points, and allow them to be redeemed at a given time. Encourage Your Staff to be More Productive with LS Retail ERP Track each member of staff’s performance and identify how you can boost their efficiency. Notice the technical and non-technical aspects impacting them. Check if they are compatible with modern technology. Analyze their pain points, try to resolve them, and identify the factors that would drive them to perform better. Encourage employees to work better with regular awards and rewards. It becomes easier if you have LS Retail ERP at your back. Ask your customers for their feedback on the staff hoisting them and reward the best-reviewed staff members at the end of every month or quarterly. This boosts your employees’ morale and drives other employees to give their best. LS Retail ERP provides a set of tools essential to boost your employee’s productivity. Referral Promotion Through Power BI This is one of the most common and effective sales-boosting methods. Select a meal or a meal plan you wish to increase demand for. Launch exclusive discounts for people who bring more people with them. Suppose a person brings two people along and offers a 20% discount on the meal on offer and a coupon to the person who brought them. If he brings three people along, offer a 30% discount. Stretch discounts to a maximum of 50% for 6 people and above. Some might even try other dishes that are not on offer as well. Hence, boosting your overall sales. Planning gets easier when you have a comprehensive report on every aspect of your business. To boost sales, LS Retail ERP and its Power BI functionalities can assist and backup your creative strategies. If integrated with Artificial Intelligence (AI), it can open doors to numerous opportunities, from analyzing current market dynamics to understanding competition strategies. Trident Information Systems is a Gold Microsoft Partner and LS Central Diamond Partner and serves various successful businesses with Power BI services. For queries, Contact Us Today!

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