New Delhi, November 18, 2020.
Microsoft
has announced the general availability of its Dynamics 365
Project Operations
solution across India. It has been developed to help service-based businesses
in unifying operational workflows to provide visibility, collaboration, and
insights to drive success across teams, from prospects to payments to profit. An all in one application, it uses real-time
analytics to connect and empower leadership, sales, resourcing, project
management, and accounting teams with the visibility needed to deliver services
to customers on-time and on-budget.
Service
organizations often face challenges arising from disparate systems and data
silos which impact their success. These issues lead to inadequacies in client
expansion, collaboration between project managers, visibility & mobility of
team members, workforce optimization, agility among business leaders, and
timely billing. Managing projects in different systems results in lack of
visibility & transparency, increasing manual processes, lowering accuracy,
slowing timelines, cost overruns, and even higher attrition rates. Therefore,
service-based businesses are accelerating cloud adoption to benefit from the
increased streamlining, productivity and efficiency that comes with cloud-based
software and enterprise business solutions.
Rajiv Sodhi – COO, Microsoft India, said,
“In today’s evolving business landscape,
service organizations are looking for flexible and scalable ways to address
their functional requirements. Through Microsoft Dynamics 365 Project
Operations, we are committed to helping service-based businesses succeed in a
highly competitive market. The solution will help organizations in winning new
deals, tracking & managing projects throughout their lifecycle, retaining
best people, and increasing profit margins. We believe that Microsoft Dynamics
365 Project Operations will truly enable businesses to re imagine project management
by bringing together cross-functional teams to deliver differentiated customer
experiences.”
Built
on the Microsoft Power
Platform,
Dynamics 365 Project Operations brings together capabilities from Dynamics 365
Project Service Automation, Dynamics 365
Finance,
and Microsoft Project.
It
integrates with an organization’s current enterprise systems helping drive
business growth across their sales and delivery processes, without the need to
rip and replace existing systems. Businesses can also easily scale Project
Operations using MicrosoftPower Platform and other Dynamics 365applications,
like Dynamics 365
Marketing,
Dynamics 365 Human
Resources,
and Dynamics 365
Customer Service.
It can easily adapt to changing market conditions by connecting with other
Microsoft apps and services, including Dynamics 365, Microsoft Teams, SharePoint, and Microsoft 365.
The
solution offers customized capabilities for various functions:
·
Leaders get better access
to business insights, data, and AI capabilities for faster decision making, and
increased visibility. The Power BItool helps CXOs in
understanding upcoming business needs.
·
Sales is enabled to win
more deals and accelerate sales cycle with fast, accurate quotes, flexible
pricing, and seamless transitions from estimate to execution. They can also use
Microsoft Dynamics
365 Sales to
improve customer experience.
·
Project managers can accelerate
project delivery with built-in Microsoft Project capabilities. They can also
track their project efficiently and collaborate across the project lifecycle
using a single management dashboard.
·
Resourcing and HR can optimize workforce
utilization, by aligning right people with right skills to right projects,
improving quality and helping retain top performers. Managers can also
anticipate resourcing needs with intelligent scheduling.
·
Finance managers can improve
cash-flow by accurately invoicing customers and managing payables, and ensure
compliance with published standards and practices. They can also track project
spends, and payables with invoicing and purchase order management. Dynamics 365
Finance helps them keep track of key business parameters, viz. revenue, gross
margin, and project profitability.
·
Team members can increase productivity,
compliance, & submit, approve, process, and reconcile time and expenses,
from anywhere. They can also use Microsoft Teams as a secure hub for all
documents, calls, meetings and more.
Microsoft
has deep expertise and rich history with front office, back office, collaboration,
productivity, and project management. Microsoft Dynamics 365 Project
Operations builds on the company’s depth of expertise and existing applications
across all functional pillars of service-based businesses to increase their
agility.