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7 Upshots by Microsoft Inspire 2021

Time to raise the toast to what Microsoft brought its partner companies. Microsoft Inspire: the grand digital event was successfully held followed by amazing takeaways for its 400,000+ partner companies. Microsoft kicked off its virtual event with new visions for its technologies, aimed at aligning with a world where digital adoption has skyrocketed. At its annual partner conference, Microsoft brought out a troupe of technology developments along with a big scope for team integrations, a cloud PC and an investment in specialized clouds.

Microsoft isn’t settling for just being a “good” partner in its partner network of 400,000 companies — the cloud giant wants to be the best. During Microsoft’s Inspire 2021 partner conference this week, CEO Satya Nadella put it this way: “we want to be the best partner for our partners.”

Cheer out for 7 Upshots by Microsoft Inspire 2021

1. Easy & secure data personalization with Windows 365

Introduced to fulfill the need of secure remote working, as a huge demand for cloud-based solutions in the past year has been observed. Explore Windows 365, your new PC in the cloud assuring secured streaming of your personalized Windows experience. It modernizes the way Windows experiences are delivered for anyone on any device concluding the premium experience for both end-users and IT.

  • Easy to use, and just as easy for IT to manage using familiar tools and processes.
  • including desktop, applications, settings, and content, anytime on any device.

2. Microsoft Touts “Holistic” Security Over “Point Solutions”

Microsoft is the one and only vendor that offers such a comprehensive approach to security—and that trying to integrate different point solutions is no longer sufficient. “What differentiates our approach is organizing identity, security and compliance—as well as device management—in an interdependent whole, extending protection to all data, devices, identities, platforms and clouds,” Nadella said. “The Microsoft cloud is the only cloud with best-of-breed and best-of-suite security capabilities.”

3. Microsoft 365 Lighthouse

Although still only in the public beta phase, the tool provides partners with a central location and security configuration templates that ensure the protection of data, users, and devices against potential threats.

4.  Secure access of Dynamics 365 data within Teams

Microsoft Teams has scaled its unpredictable demand and demonstrated its value for organizations. In order to bring people together virtually and empower worldwide collaboration, 

What’s more:

  • No extra cost access to Dynamics 365 to all Microsoft Teams customers.
  • With excessive productivity, there will be no barriers between collaboration and business processes. 
  • The flexibility for organizations to determine when and how to purchase Dynamics 365.

5. Microsoft Viva

Microsoft Viva integrates and combines communication, learning, and well-being at work. In addition, new tools for developers to extend their apps to Viva will also be deployed, such as the Viva Connections APIs (analytics panel) and Viva Learning (extracting content from training providers, delivery dates that can be taken to Teams, SharePoint, Bing).

6. Industry Clouds including Cloud for Sustainability.

Microsoft is focusing on various industries like Finance, Manufacturing,  Health, Retail Etc and now Cloud for Sustainability will be a cloud designed to help customers reduce their carbon footprint and move towards a more sustainable model with the environment.

It will arrive by the end of 2021, and organizations will be able to record, analyze and reduce their emissions through software offerings that connect in real-time or suggestions for making better decisions. The cloud will function as a log panel to track progress and monitor targets.

7. Key Updates For Partner Programs and Project Orland

Microsoft offered various partner-focused announcements at Inspire 2021, including advanced specializations, the Partner Center portal, and ISV programs. Microsoft announced two new advanced specializations related to the company’s fast-growing Azure cloud platform.

Microsoft announced the launch of a private preview for a new Partner Center portal experience—which will provide recommendations about customers likely to convert from the trial phase, customers needing follow-up, and existing customers ready for new deployments. Microsoft is calling the new Partner Center experience “Project Orland,” and says the experience aims to help Cloud Solution Provider partners to grow their cloud business and improve account management. Project Orland is in limited preview, according to Microsoft.

Therefore, technology is now transforming the industries in real aspects. Take a short ride of what Microsoft Inspire introduced to modify industry work style.

  • Microsoft Cloud for digital transformation across industries
  • Drive growth with the most partner-focused business platform
  • The cloud created for the new world of work
  • Innovate from the cloud to the edge on your own terms
  • Building a Foundation of Trust and Security

 

 

How Does an ERP System Work?

A company’s goals and future points are always to grow. With growing sales, there is enumerate growth in challenges, work, team, and hierarchy. That’s where the difficulties knock on the door. Just imagine how exciting it is to crack the one on one deals back to back and you are filling the working bucket with extreme deadlines involving different levels of the team. How would you be able to manage all the team members, work with deadlines and hierarchy checks? 

 

Knock Knock! ERP arrived. Undoubtedly you need an ERP, an Enterprise Resource Planning system to keep track and organize key business information. It is a type of software that various organizations use to manage their day-to-day business activities like accounting, procurement, project management, risk management and compliance, and supply chain operations.

What is ERP (Enterprise Resource Planning)?


Enterprise Resource Planning is software to organize your workflows and business-oriented planning. It allows an organization to manage its business processes using a streamlined relational database. It allows the organization to overview its key functions. It simplifies the collection of cluttered data from a single resource and eliminates duplicate data duplication.

 

ERP rapid evolution

In the late 1960s, computerized business applications were introduced for the department of accounting and finance worldwide that uses mainframe computers. These pioneering applications were way faster and more accurate than usual & manual processes – but were slow, expensive, and limited in functionality. 

 

In the mid-1980s, when the competition in the manufacturing sector was exploding, new tools were in demand. By the end of the 1990s, ERP was introduced and transformed the entire technology sector by serving a high range of industries and combined MRP II, human resources, project accounting, and end-user reporting to make the procedure easier.

 

By the initially 21st century, faster internet speeds and new development tools again revolutionized ERP suites. Today, in the era of the biggest digital transformation ever, whether it’s small or big, every business is increasingly relying on AI technology and other innovations to automate their business processes and stay highly competitive.

 

How does it work?

Every ERP module priorly focuses on one business area. One can easily combine different modules to meet the organization’s needs, be it finance, sales, human resources, or logistics. There are also other industry-specific modules, right from manufacturing to retail. Each module is usually licensed separately, so companies can pick and choose the functionality accordingly and can add on & scale as needed.

 

An ERP (Enterprise Resource Planning) software allows the integration of several business applications and activities that enables the system to cater to most of the processes and departments. Most importantly, this gives the organization, the liberty of listing down the necessary functional modules of ERP software.

Following are the structure that ERP benefits the business. 

Accounting and Finance

  • General Ledger
  • Accounts Payable
  • Accounts Receivable
  • General Journals
  • Trial Balance and Financial Reporting
  • Bank Reconciliation
  • Cash Management and Forecasting
  • Budgeting

 

Manufacturing and Distribution

  • Sales, Purchasing and Tracking shipments
  • Track by Lot and Serial numbers
  • Track Quality Tests
  • Warehouse Management functions
  • Conversion Tracking
  • Tracking Labor, Overhead, and Other manufacturing costs
  • Provide the total cost of production

 

Sales

  • Order creation
  • Sales order processing
  • Purchase order processing
  • Online sales

 

Service Management

  • Easy monitoring and tracking of post-sales services
  • Warranties
  • Service Contracts
  • Analysis of lifetime product costing 

 

Why does an organization need an ERP system?

Take the ERP system as the brain of your organization’s technology system. A company cannot function without a proper ERP system as it integrates all the aspects of a business including product development, manufacturing, marketing, and sales. 

  • Money saver
  • Collaboration & productivity improvement
  • Better analytics
  • Simplified compliance and risk management
  • Improvement production planning and resource management
  • Enhance competitiveness

 

Have a look at some of the advantages of ERP

According to the different industries, any modern Enterprise Resource Planning system will have a long list of software features. Look out what top characteristics every organization should have:

 

  • Tailored data from multiple sources.
  • Day-to-day information and alerts, with self-service reporting across all operations.
  • Visual presentation of the information with easy view dashboards, KPIs, and analytics to assist in quick and informed decision-making.
  • Quality and advanced business processes, like, automation with AI and machine learning.

 

Business Takeaways

Higher productivity: It helps majorly streamline and automate all the core business processes to help everyone in the organization.

Deeper insights: It simply eliminates unnecessary information, gains a single source of truth, and gets fast answers to mission-critical business questions.

Fast-track reporting: Looking for real-time performance trance and fast results, ERP is the solution. 

Lower risk: It maximizes the business visibility and control, ensures compliance with regulatory requirements, predicts & prevents risk.

Simpler IT: By using integrated ERP applications that share a database, the organization can simplify information technology and provide an easier way to work.

Improved agility: With efficient operations and ready to access real-time data, one can quickly identify and attain new opportunities.

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