Long term growth is essential for business success. In order to accomplish sustained growth in a competitive landscape, enterprises need to expand into global markets.
Global expansion means your business gets a wider reach, new customers, new vendors, and more revenue opportunities.
Opening a new office or competing in foreign markets is a challenge. You need the right adaptation strategies in place to effectively use the opportunities for the global operations.
When you decide for global expansion for your business, you must consider the complexities involved in it. Different languages, date formats, times, different laws and regulations, banking needs and cultural difference – these complexities come in front when you plan for global expansion.
Simplify global operations with Dynamics 365
Microsoft helps businesses to make a significant impact in the international market. With Dynamics 365 apps, you can seamlessly handle global operations, expand business, and operate more productively around the globe. Moreover, Microsoft extends their support to manage operations across the globe through various services such as new electronic invoicing, tax calculation and global expansion support.
Expand Worldwide
Enterprises doing business in a different country are required to adapt with local laws, regulations, and common business practices. Microsoft Dynamics software provides localization solutions to help enterprises manage their various business processes. The solution provides localization and regulatory support for 43 countries. Microsoft Dynamics partners delivers support to help enterprises meet local laws and regulatory requirements
Electronic invoicing
Electronic invoicing eliminates tax frauds and speeds up the invoicing process. Businesses opt for electronic invoicing as it minimizes costs, reduces manual entry, and makes the process easy and fast. It also improves traceability and eliminates the need for paper. Electronic invoicing will be released for Dynamics Finance and Operations and Dynamics 365 Project Operations. The new service allows enterprises to provide a reliable and transparent invoice processing, and promptly configure and exchange electronic invoices in the required format.
Tax calculation
Tax regulations of different countries is a challenge for enterprises looking to expand business. The new tax calculation service or tax engine in Dynamics 365 Finance and Dynamics 365 Supply Chain Management is fully configurable and simplifies the tax determination and calculation process. The tax engine can be integrated with Dynamics 365 Project Operations, Dynamics 365 Commerce, and other third-party applications.
In addition to these services, companies should meet other country-specific business rules and laws. These appear in the areas of tax reporting, business document formats, banking etc. Dynamics 365 apps include capabilities such as Electronic Reporting and Business Document Management to make it easier for companies to handle country-specific rules and laws on a global scale. These can be integrated into your business with the support of a reliable and experienced Microsoft Partners.
Manage global expansion and operations with IAX DYNAMICS
IAX DYNAMICS is a trusted and experienced Dynamics 365 Partner in UAE, Saudi Arabia, Qatar, Oman, Bahrain, Kuwait, Jordan, Kenya, Canada, Germany, Pakistan, and India. As a recognized Microsoft Gold Partner, our Microsoft professionals help you expand business globally with Dynamics 365.
We have already completed various configurations for different countries and regions. It has enabled businesses to manage and meet the challenges of global business operations and expansion, as well as, helped them to quickly adapt to the needs of varied markets.
We have profound expertise to deploying Dynamics 365 on-premises or on cloud – whichever fit your business. Our experts can help you maintain steady business growth and productivity with Dynamics 365 operations apps. Get in touch with us to know how we can help you expand your business worldwide with Dynamics 365.
FAQ Section
What are the benefits of global expansion for businesses?
Global expansion provides a wider reach, new customers, new vendors, and more revenue opportunities, leading to sustained growth and business success.
What complexities do businesses face when expanding globally?
Businesses face complexities such as different languages, date formats, times, laws, regulations, banking needs, and cultural differences when expanding globally.
How can Dynamics 365 help businesses manage global operations?
Dynamics 365 is an adaptable solution that provides localization solutions, electronic invoicing, tax calculation services, and other capabilities to help businesses manage global operations, expand, and operate productively worldwide.
How can IAX DYNAMICS support businesses in global expansion? IAX DYNAMICS, a trusted Microsoft Gold Partner in the UAE, provides expertise in deploying Dynamics 365 to help businesses expand globally, manage global operations, and meet country-specific laws and regulations.