User Review
( votes)Imagine running a marathon in flip-flops—sounds absurd, right? Yet, that’s precisely what many businesses are doing by clinging to outdated systems like Dynamics GP. This legacy system not only slows you down but also hides a myriad of hidden costs and risks that could jeopardize your competitive edge.
Are you one of these companies? Then it’s time you consider transitioning to Dynamics 365 Business Central, named Forbes Advisor’s top ERP for SMB. Here are some compelling reasons why you should start planning your shift now.
Obsolete Technology: An Impediment to Productivity
When Dynamics GP was initially released, it revolutionized the industry, but with the relentless advancement of technology, it’s been left behind. Originally intended for on-premises deployment, Dynamics GP struggles when asked to handle the complexities of modern cloud or hybrid settings. As a result, users missed out on the scalability, adaptability, and fortified security features that are inherent in cloud technology.
Sticking to Dynamics GP likely leads to enduring inefficiencies that could be readily resolved with a modern ERP system. Additionally, maintaining physical systems carries a unique set of costs, like ongoing expenses for hardware, maintenance, and IT support, that can greatly affect your financial wellbeing.
Moreover, as your ISV solutions grow and diversify, they may no longer align seamlessly with your existing setup. This could result in unforeseen costs associated with updating and integrating these products. Such updates may end up being more cumbersome and pricey than switching to Business Central. Business Central effortlessly ensures smooth coordination with modern tools and technologies.
With its advanced AI features (e.g, Microsoft 365), Business Central paves the way for optimized operational workflows, task automation, and immediate access to insights that empower superior decision-making. By shifting to Business Central, not only are you boosting operational efficiency, you’re also slashing enduring expenses and eliminating the troubles associated with upkeeping an old-fashioned system.
Watch How to Use Copilot with Dynamics 365 Business Central in Microsoft 365 Apps
The Growing Threat of Security Weaknesses
As we approach 2029, support and updates for Dynamics GP from Microsoft will be limited. This situation exposes your system to possible security risks and challenges with compliance. Software that lacks support is an ideal target for cyber threats, potentially resulting in data leaks, financial consequences, and harm to your public image.
Despite some assertions that cloud-based systems are still vulnerable to cyber threats, the probability of such attacks is notably lesser than when using outdated, unsupported software. Microsoft remains committed to delivering security updates for Dynamics GP. However, these systems will not have access to the enhanced security capabilities and proactive threat monitoring offered by Business Central. As an example, Business Central offers constant upgrades in AI-powered security protocols, live threat awareness, and automatic updates that tackle the most recent vulnerabilities.
The drawbacks of staying on GP
Inadequate Advanced Threat Identification: Traditional systems lack the advanced AI and machine learning features that Business Central employs to identify and neutralize threats immediately.
Slow Security Updates: Although Microsoft might offer occasional security patches, they won’t be as regular or all-encompassing as those for Business Central, thus creating potential vulnerabilities for cybercrime.
Regulatory Compliance Difficulties: Upkeeping compliance with industry rules becomes progressively challenging with obsolete systems that don’t uphold recent security norms and protocols.
The switch to Business Central lets you tap into Microsoft’s powerful security features and regular updates and backups, protecting your data and aligning your business with industry regulations. With Business Central, you not only boost your security but also lessen the probability of overpriced cyber incidents and compliance breaches.
The Pitfalls of Non-compliance
With ever-changing regulations, staying compliant is crucial for any business. The outdated technology of Dynamics GP makes meeting these requirements a challenge, putting your business at risk of legal and financial repercussions. Non-compliance can lead to harsh penalties, legal costs, and even cessation of operations, hitting your profits hard.
In contrast, Business Central is designed to keep you compliant effortlessly. Its cutting-edge features and regular updates ensure you’re always up-to-date with the latest regulations, reducing non-compliance risks.
Inaction Can Cost More Than Just Money
The cost of staying on Dynamics GP isn’t just financial. Operational inefficiencies, security vulnerabilities, and compliance risks can all result in lost profits, tarnished reputation, and reduced customer satisfaction.
As more businesses transition to Business Central, demand for qualified Microsoft Solutions Partners will rise, potentially increasing migration costs and making it challenging to find the right support for your transition.
Take Control: Secure Your Business Future
The silver lining is you don’t have to face this transition alone. TMC’s comprehensive GP to BC assessment service can assist you in analyzing your current Dynamics GP system, identifying your business needs and hurdles, and advising the optimal solution for your unique business needs. We’ll steer you through the entire process, from planning and data migration to customization and training, ensuring a seamless and prompt transition with minimal disruption.
Don’t delay until it’s too late. Reach out to TMC today for your GP to BC assessment service and kickstart your migration to Dynamics 365 Business Central. Safeguard your business’s future and unleash the full potential of a modern, AI-enabled ERP system.
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The post The Risks of Outdated Technology – Why Dynamics GP is No Longer Enough appeared first on ERP Cloud Blog.
