The ROI of Dynamics
The first step in ROI calculations is getting a concrete price tag for every part of the project, such as SaaS subscription, consulting, licensing, modification, implementation, future upgrades, hardware or Cloud migration. This will help you identify what your total cost of ownership over a specified period will tally up to.
ROI calculation must be done with due diligence, as estimating the expenditure for Dynamics implementation and support is much more tangible than guessing monetary gain, which can be quantified in benefits such as:
- Cheaper after-sales service costs.
- Efficient allocation and less overtime for labour.
- Improved management, recording, and planning of raw materials, works in progress, and finished goods.
- Shrinkage of interruptions, waste, shortages, errors, and reworks.
- Establishing standardised production, scheduling, critical equipment, and subcontracting procedures.
- Gaining a faster level of accounting control, customer service, on-time shipment cycles, sales liquidity, and regulatory compliance.
- Wall-to-wall integration and transparency of information across your organisation.
- Overall reduction of prices for materials procurement and administration.
Ultimately, implementing Dynamics can smooth processes across your organisation to create consistent delivery, productivity, and most importantly, credibility.
If, for example, you are a manufacturer, getting the complete picture of your total ROI during a busy quarter could yield insights that will shape where you primarily want to allocate your resources.
Your Dynamics 365 ROI can also be improved through the use of AI & Machine Learning
With Artificial Intelligence and Machine Learning, your organisation can automate logistics and supply chain processes, optimise product creation, and fault detection, and collect historical data for analysis. Microsoft Dynamics AI then maps this data to draw out insights with rapid efficiency. As the system gathers more data over time, the insights are constantly optimised, which ultimately leads to the fruition of a more effective operation. AI can spot opportunities to cut down costs and generate more ROI.
Learn more about Copilot - AI in Dynamics 365