Why move from GP to Dynamics BC with Fundamentals?
Modified on Mon, Jun 17, 2024 at 3:15 PM
For nonprofit customers using Dynamics GP on-premise, transitioning to Dynamics Business Central (BC) with Tangicloud Fundamentals presents a significant opportunity to elevate your organization’s management capabilities. Here’s why moving to the cloud is a strategic step forward:
Future concerns with Dynamics GP On-Premise
- Lack of Support and Updates: With the impending sunset of Dynamics GP, support and updates will dwindle, making it harder to stay compliant with regulatory changes and advancements.
- Limited Functionality: The on-premise system may not offer the sophisticated features needed to keep up with the nonprofit sector's evolving demands.
- High Maintenance and Upgrade Costs: On-premise systems incur high costs for hardware maintenance, software updates, and IT support.
- Insufficient Security and Disaster Recovery: On-premise solutions often lack robust security measures and disaster recovery options, risking financial data safety.
Causes of These Issues
- Outdated Technology: The reliance on outdated technology limits the organization's ability to adapt and scale.
- Regulatory Compliance: Keeping up with complex and changing regulations is difficult without timely updates and support.
Solution: Moving to Dynamics Business Central with Tangicloud Fundamentals
Transitioning to Dynamics Business Central with Tangicloud Fundamentals Fund Accounting is not just about adapting to the sunsetting of Dynamics GP; it’s about future-proofing your mission management with a modern, cloud-based solution that offers enhanced flexibility, security, and functionality.
While neither Dynamics GP nor Dynamics Business Central are written specifically for nonprofits, Dynamics Business Central allows industry solution vendors like Tangicloud to develop solutions that extend the core functions and add new features such as fund and grant management, allocations, and handling of restricted and unrestricted funds. If you are currently using spreadsheets to manage these aspects, it is likely because your existing solution does not offer this functionality.
Benefits of Moving to Dynamics Business Central with Fundamentals
1. Future-Proof Your Organization
- Stay Current: Ensure your organization remains up-to-date with the latest trends, regulatory changes, and technological advancements.
- Continuous Improvement: Benefit from regular updates and enhancements automatically, without manual upgrades.
2. Enhanced Accessibility
- Remote Work Capability: Allow your team to work from anywhere with internet access, using any device.
- Improved Collaboration: Facilitate better teamwork and communication with cloud-based tools designed for nonprofit operations.
3. Advanced Functionality
- Comprehensive Tools: Utilize advanced features such as detailed reporting and analysis, automated workflows, and robust fund management tools.
- Scalability: Easily adjust the system to meet growing needs, ensuring it evolves with your organization.
4. Cost-Effective Solution
- Subscription Model: Reduce upfront costs with a flexible pay-as-you-go subscription model.
- Lower Total Cost of Ownership: Minimize expenses related to hardware, IT support, and software maintenance.
5. Enhanced Security
- Advanced Security Features: Protect your data with encryption, two-factor authentication, and comprehensive disaster recovery plans.
- Regulatory Compliance: Maintain compliance with industry standards and regulations through built-in security features.
6. Streamlined Management
- Seamless Transition: Transition smoothly with support from Tangicloud Fundamentals, ensuring minimal disruption.
- Expert Support: Access dedicated support to ensure your organization gets the most out of the new system.
7. Reduced Maintenance Burden
- Automatic Updates: Enjoy automatic software updates without manual intervention.
- Free Up Resources: Reduce the IT burden by eliminating the need for hardware maintenance and security patch management.
Conclusion
Moving from Dynamics GP to Dynamics Business Central with Tangicloud Fundamentals is a strategic decision that goes beyond the necessity due to GP’s sunset. It’s about future-proofing your nonprofit's mission management by leveraging a cloud-based solution that offers enhanced functionality, security, and scalability. This move will position your organization to better manage funds, improve operational efficiency, and ensure compliance, all while reducing costs and administrative burdens. Embrace the future with Dynamics Business Central and Tangicloud Fundamentals, and take your nonprofit management to the next level.
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