ERP Software for Project-Driven Organizations

For project-driven organizations, every hour lost from designing or planning projects impacts the bottom line. Even so, many project-driven organizations still operate with a bevy of spreadsheets in a siloed environment. Homegrown or legacy solutions do not allow these organizations to consolidate and analyze data, stay on top of change orders, or collaborate effectively. Many project-driven organizations are finding that they can operate much more efficiently with Enterprise Resource Planning (ERP) software.

What is ERP Software?

ERP is a type of software system that helps organizations automate and manage core business processes for optimal performance. ERP software coordinates the flow of data between a company’s business processes, providing a single source of truth and streamlining operations across the enterprise. It’s capable of linking a company’s financials, supply chain, operations, commerce, reporting, manufacturing, and human resources activities on one platform.

Most companies have a finance and operational system in place, but siloed systems can’t go beyond everyday business processes or help with future business growth. As companies expand and their needs change, their systems should keep up with them.

Modern ERP Software Systems

Historically, ERP systems were suites that worked separately and didn’t talk with other systems. Each system required expensive, complex, and customized code to meet unique business requirements which slowed—or even prevented—the adoption of new technology or process optimization. They created a monster of third-party integrated solutions to try to solve various business problems.

What makes today’s ERP software different is that it brings all these different processes together in one fluid system. It doesn’t just offer data connectivity within your ERP system, but also within your productivity tools, e-commerce, and even customer engagement solutions. It enables you to connect all your data for better insights that help you to optimize your processes across your entire business.

In addition, a modern ERP solution offers flexible deployment options, improved security and privacy, sustainability, and low-code customization. But most importantly, it builds continuity and resiliency into your business and processes through insights that help you innovate at a rapid rate today while preparing your business for what’s next.

Why is ERP Important for Business?

While there’s no all-up solution for every business process, ERP technology is getting better and better at bringing processes together. After your processes, systems, and data are connected, you’ll get the business intelligence, acceleration, and adaptability you need to start optimizing your operations.

Here are three ways an ERP system can improve your business:

1. Drive optimal performance. With solutions that use AI, you’ll access insights that enhance your decision-making and reveal ways to improve operational performance going forward.
2. Accelerate operational impact. By connecting processes and data, you’ll bring more visibility and flexibility to employees, helping them act quickly and deliver more value across the business.
3. Ensure business agility. Many ERP solutions are built to adapt to your needs and grow with you, helping you proactively prepare for—and readily respond to—any operational disruption or market change.

Why is ERP Important for Project-Driven Organizations?

Project-driven organizations, in particular, find ERP useful because it adds efficiency in consolidating planning, scheduling and efficient decision-making, and obtaining a bird’s eye view of all the project operations. Also, with ERP, project-driven organizations companies receive a quicker ROI and cost-efficient use of the resources deployed.

A project-driven ERP drives the ability to innovate and develop projects and improves the organization’s ability to respond to change. In addition, evaluation and monitoring procedures are used to keep an eye out for project delays and abnormalities. It also enables companies to take the necessary action to streamline them and boost their profitability.

Additionally, with the aid of the solutions provided by a dedicated ERP system, businesses may place more emphasis on attaining goals by concentrating on strategies rather than project operations.

Upgrade to Microsoft Dynamics 365 Business Central with Progressus

Microsoft Dynamics 365 Business Central is a comprehensive, cloud-based ERP solution for small to mid-sized businesses, connecting sales, service, finance, and operations to work smarter, adapt faster, and perform better. It has the best ROI in the business – a recent Forrester study shows that organizations typically experience 162% ROI with Dynamics 365 Business Central over a three-year period.

But Microsoft Dynamics 365 Business Central alone doesn’t have all the functionality that project-driven organizations need. Progressus is purpose-built on top of Microsoft Dynamics 365 Business Central to provide companies with the tools they need to ensure every project is profitable.

Many clients across the Proserv industry count on Progressus to assist with Project Accounting, Project Management, Project Resource Management, and Project Reporting. Progressus was built by professional service industry experts who understand the intricate and complex requirements of a business like yours. It supports remote work environments and is available 24/7 via the cloud.

Progressus allows for efficient task tracking and completion to determine which team members are the most productive. Progressus is the premier solution for Microsoft Dynamics Business Central for project-centric companies.  Features like project accounting, resource management, time and expense tracking, subscription management, Jira and Microsoft Azure DevOps integration, scheduling, and Microsoft 365 Outlook and Excel integration have made it a must-have for companies that rely on billable resources and complex projects. Progressus also includes Microsoft Power BI reports and Power Automate features right out of the box.

The integration of Microsoft Copilot to Business Central allows Progressus to utilize AI and natural language processing to enable business users to create content faster. Along with other Microsoft productivity tools, users can complete routine and time-consuming work tasks with minimal effort, eliminate many manual processes, and streamline business processes like never before.

Conclusion

With more than 33 years of implementation experience, Velosio gets your software up and running—effectively and efficiently—as quickly as possible. Our teams of application consultants and project managers, who are among the best in their field, are ready to help your business keep its commitments while investing in the latest technological advances. We guide your technology roadmap on a schedule that meets the demands of today’s fast-moving marketplace.

Velosio has helped over 4,000 clients with systems modernization projects and is the top Microsoft Dynamics 365 Business Central partner and 2023 Microsoft Dynamics 365 Business Central US and Worldwide partner of the year. Velosio developed Progressus for project-driven organizations like yours to succeed. We can evaluate your current systems and develop a roadmap to upgrade any lingering legacy systems