Cloud Migration to Business Central with Jet Reports

As the need for greater interactivity and data access increases, more and more companies are making the move to adopt cloud computing. Microsoft is investing in and pushing customers towards its cloud ERP offering, Dynamics 365 Business Central, which is experiencing a staggering 200% annual growth rate.

But the significant hurdles posed by cloud migration can make it a daunting task to consider. Installing a new system, migrating legacy data, and training employees are challenges that take valuable time away from revenue generating activity. The good news is this needn’t be the case. There are simple strategies and intuitive technology that can turn your cloud migration into more of a leisurely stroll in the park. 

A Simple ERP Upgrade 

As an existing Microsoft Dynamics customer, migrating to Business Central doesn’t require you to reinvent the wheel. By using software from the same ERP vendor, you can streamline data and easily upgrade from your on-premises Microsoft Dynamics ERP to Business Central to take full advantage of the cloud. Benefits include: 

  • Streamlined tasks 
  • Improved sales processes 
  • Easier management of suppliers and inventory 
  • Access to data from a single source of truth 

Simplify Your Migration with Jet 

Jet Reports provides advanced operational and financial reporting within Excel, allowing you to generate timely, accurate financial reports in a familiar format. Jet makes it easier to move to BC by: 

  • Providing report portability. Any number of legacy NAV reports created in Jet Reports can be immediately ported over and plugged in to BC. For new users, there’s a learning curve that requires user training, especially when entering and reporting on data. If you integrate Jet before migration, reporting users will be able to interact with your new BC ERP from within a familiar platform, greatly reducing your total cost of ownership. 
  • Eliminating roadblocks of switching to the cloud. We hear about the monetary costs of upgrading to the cloud, but the time investment is an equally important detail to consider. You don’t want your BAU reporting tasks to slip while employees adjust to their changed working environment. Jet streamlines your reporting and keeps the wheels spinning during migration, so you don’t have to miss a beat when it comes time for month-end close. 

It can be challenging for organizations to adopt new processes and cloud migration is no exception. But by leveraging new technology and creating greater interoperability between locations and systems, you can greatly reduce the time and effort involved. Jet Reports smooth out the process by streamlining reporting and saving time. 

For further information on Jet Reports please contact allonline365 on +27 (21) 205 3650, or email us on info@allonline365.com, or visit our website www.allonline365.com   

 

4 ways retailers moving to the cloud will reduce the risk of cyberattacks

As retail increasingly moves online, criminals are following suit. In fact, online retail is now one of the most targeted sectors by cyber criminals as they hunt for customer data, specifically card payments details and general personal information. 

Security breaches come at a high cost. When customer data is stolen, retailers risk losing customer trust, and they may even have to pay fines if they are found violating the General Data Protection Regulation (GDPR).  

But there are steps businesses can take to secure their business and their data. While moving to online retail has fuelled cyberattacks, the cloud, which powers online retail, is also where retail leaders are turning to take advantage of world-leading security solutions. 

Here are some of the key reasons why retailers are now putting their trust in cloud-based solutions, including LS Central, running in the Microsoft cloud, to both future proof and protect their businesses. 

Invest in a secure infrastructure

The security of any IT infrastructure is dependent on the host organization’s ability to invest in protecting its applications and data. Businesses traditionally preferred to host all their critical data on servers physically located within company offices – but many are now realizing they don’t have the knowledge and funds to protect themselves against ever-evolving security threats on their own. 

The cloud business model delivers economies of scale that make it practical and viable to deliver around-the-clock security monitoring. Cloud service providers can afford to prioritize security far more than a typical end user. And few companies have invested in cloud security and compliance as much as Microsoft. The Microsoft security systems and teams thwart a staggering 1.5 million attempts a day to compromise its systems. Learning from these attacks, Microsoft has continually improved its cloud security services, implementing from data encryption and automated threat detection to identity isolation and just-in-time access. 

 Improve company-wide visibility

Retail businesses no longer need to struggle to get full visibility of their business processes and networks. With a cloud-based infrastructure, they can see exactly what’s happening across their organization in real time and use these insights to protect their business. 

For example, Microsoft’s latest cloud functionality empowers retailers to use adaptive artificial intelligence to identify patterns and help combat payment fraud, bots, account takeovers, and returns and discount fraud.  

Ensure all IT is up to date

With their retail management platform running in the cloud as software as a service (SaaS), retailers can be sure that they’re always taking advantage of the most up-to-date features and technologies. That’s because the vendor incurs the cost of supporting the software instead of them; maintenance, up-to-date software, security and support are all the responsibility of the cloud provider, and they all happen automatically. 

Gartner estimates that public cloud workloads will suffer at least 60% fewer security incidents than those in traditional data centres. So, regardless of whether you’re a large or small business, by moving to the cloud you’re investing in one of the most secure IT infrastructures without having to front the cost yourself. 

 Tap into industry-leading intelligence

Through the cloud, retailers have an opportunity to tap into a huge wealth of threat security intelligence. This sharing of knowledge not only helps them prepare better for possible cyberattacks, but it allows cloud providers themselves to learn from these insights and create much more sophisticated security tools for the benefit of all. 

That means that any time Microsoft detects a security threat to a service running on its cloud platform, every other service on the platform gets the benefit of that knowledge.   

 

Unified commerce solution, LS Central, is built on Microsoft’s number one cloud ERP platform. Thousands of customers trust in the technology to manage and keep safe their financial, point of sale, store operations, supply chain, inventory, eCommerce, and customer loyalty data. 

For further information on LS Central please contact allonline365 on +27 (21) 205 3650, or email us on info@allonline365.com, or visit our website www.allonline365.com 

Selecting the right solution for your retail business

When the time comes to update your ERP and POS systems, many retailers are cautious. Overhauling your IT is a big step, and an ERP and POS implementation impacts every aspect of the business. Get it wrong, and you could end up caught in a costly and time intensive exercise, landed with a system that doesn’t deliver all the functionality you need. But get it right, and you’ll have a solid backbone to your operations, which will support you as you grow and diversify your business, and which will ultimately help you thrive. 

Does it support a seamless shopping experience? 

Many software solutions let you superficially deliver a uniform experience for the customer. But to deliver effective and engaging customer experiences across channels, you need technology that gives you a clear view of your data, total control, and real-time information on products, sales, and customers for all your online and physical stores. If your data sits in siloes, across separate databases, and your channels don’t communicate with one another, sooner or later you’ll find yourself unable to see and serve your customers. 

Can your system offer personalization? 

Customers expect to be treated as individuals and want to be recognized as such. When personalization is done well, it can bring significant benefits to your business. Can you offer personalization? To gain a complete view of each customer, you must be able to identify them whether they are shopping online, on the app, or in person, and connect all the data points so they form a single picture. This involves bringing together multiple data sources into one database, to obtain a unified view of consumers across transactions and channels. 

How strong are the stock management capabilities? 

To have the right products at hand and minimize overstock, retailers also need to be able to both see what consumers are buying now, and to foresee what they will want in the future. To do this they need intelligent tools that help them identify trends and patterns, predict demand, and determine which products to order and how to distribute them. 

Does it deliver strong business intelligence and advanced analytics? 

As retail becomes increasingly data driven, you need technology that helps you wade through oceans of data, and organize, analyse, and contextualize information from different sources and channels. And as consumer preferences and opportunities move fast, you also need technology that suggest you what actions to take to optimize your pricing, promotions, and assortment. 

Will it support changing business needs? 

Every retailer needs future-proof technology that will support them as they grow their enterprise, diversify their product offering, and adapt to new business needs. While you may already have plans to open new locations, you can’t always predict accurately how quickly you’ll grow. You’ll be happy you selected a software solution that makes it easy to open new stores, perhaps in countries with different regulations, currencies, or languages. If you already run non-retail services, or plan to do it, it pays off to find an ERP and POS system that can support different industry requirements out of the box. 

Selecting a POS and ERP system that supports your current and future needs will help you build resilience and agility into your retail business. At the same time, the software solution you choose will significantly impact your business for the next 5-10 years – so this is not a decision to be taken lightly. 

For further information on LS Retail please contact allonline365 on +27 (21) 205 3650, or email us on info@allonline365.com, or visit our website www.allonline365.com 

 

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