Organizations considering the implementation of Microsoft Dynamics 365 platforms often wonder about how many different solutions they are currently using – HR|Payroll management system, financial management system, warehouse management system, document management system, etc. – can be replaced by one platform, namely, Microsoft Dynamics 365.
Inevitably, every organization is faced with HR, working time management and payroll solutions. Employees are one of the most expensive, and sometimes the most expensive “engines” of an organization. An effective accounting for payroll costs and managing of specific HR and payroll processes is a major challenge for every organization. From OIXIO side, developing HR|Payroll solutions, the focus is to automate as many functions of the system as possible for the purpose of the accuracy and timeliness of the existing calculations and the need to eliminate possible calculation errors to the maximum extent.
Implementing ERP systems, OIXIO focuses on the large functional coverage of the platforms, and this is the main purpose why OIXIO has developed and maintains HR, working time and payroll management solutions for both Microsoft platforms, i.e. Dynamics 365 Business Central (NAV) and Dynamics 365 Finance & Operations (AX).
Organizations today have a possibility to deploy OIXIO HR|Payroll localized solutions for Lithuania (BC) and the Baltic States (F&O). The fact is, that we are the only company on the Lithuanian market that can offer HR|Payroll solutions for both most popular Microsoft Dynamics platforms. It allows us during the requirement analysis process for different companies to advise the HR|Payroll solution that best suits their objectives.
Which platform should I choose for the HR|Payroll solution?
It depends on many aspects such as the business specifics, future plans, strategic changes, and other growth ambitions of the organization. Below are the 3 main characteristics we consider important in determining the most suitable platform:
- The organization has already chosen a main ERP platform. This is often one of the most important reasons when an organization has already made a strategic choice of a specific Microsoft Dynamics 365 Business Central or Finance & Operations platform to manage its manufacturing, finance, sales and other processes. HR and payroll management in the same ERP system fulfils the organization’s objectives to a much greater extent where the unified processes are managed and maintained; objectives to a much greater extent where the unified processes are managed and maintained;
- Regional coverage with HR|Payroll solution. This is probably the second most popular criteria choosing the MS D365 platform. Those who manage their business only in Lithuania usually prefer an HR|Payroll solution based on Microsoft Dynamics 365 Business Central (BC). Those operating in different markets are more interested in the HR|Payroll solution based on the Microsoft Dynamics 365 Finance & Operations (FO) platform due to its different functional coverage – 3 Baltic countries in one solution with a specifically localized payroll calculation methods by country (Lithuania, Latvia, Estonia);
- The size of the company and the complexity of the HR|Payroll processes. Large organizations or groups of companies are more likely to choose the Microsoft Dynamics 365 Finance & Operations (FO) family solution due to the wider range of standard modules and the Microsoft platform itself, since, as large organizations, they have ambitions to grow and expand their business, review, and improve their existing business processes.
Medium and small sized companies, regardless of their business area (public sector, manufacturing, retail, services, etc.
Each organization also has its own unique objectives and criteria for choosing Microsoft products.
In this case, the aim of OIXIO is to maintain strong and stable HR|Payroll solutions for both most popular Microsoft platforms. In our opinion, being able to offer our clients a constructive choice of HR|Payroll solutions for two Microsoft Dynamics 365 platforms creates additional value to shape the overall concept of the unified ERP.
Vilma Semėnaitė
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