Running business workloads inside Office 365 can provide several benefits, such as:
Improved collaboration and communication: Office 365 includes tools such as Outlook, Teams, and SharePoint that can help teams work together more efficiently. It can provide better visibility into key business metrics, helping to inform decisions and identify areas for improvement.
Increased productivity: Office 365 also includes productivity tools such as Word, Excel, and PowerPoint, which can help users create and edit documents, spreadsheets, and presentations. Users can access the information they need directly within the tools they use on a daily basis, without having to switch between multiple systems.
Better data security: Office 365 offers built-in security features such as data encryption and multi-factor authentication that can help protect sensitive business data. By centralizing LOB data within Office 365, it can be more easily secured with the built-in security features of the platform.
Cost savings: Office 365 is typically less expensive than purchasing and maintaining on-premises software. Running your business workloads is added bonus as you do not have to pay more for doing more.
Increased flexibility and scalability: Office 365 can be easily scaled up or down to match the changing needs of the business. You can even extend these solutions to your customers and business partners without having to pay more.
Here are some typical workloads that you can implement inside Office 365, including:
Procure to pay - manage their spend, reduce errors, improve supplier relationships and increase efficiencies, by automating and centralizing the entire process of acquiring goods and services.
Insurance claim processing - tracks all the insurance claims submitted to HR and its claim status to monitor the performance of policies and insurance companies.
HRD training requests & tracking - process of evaluating, approving, and managing training requests from employees within an organization.
Employee onboarding - process of integrating new hires into an organization and ensuring they have the knowledge, skills, and resources needed to be successful in their new role.
Sales Orders fulfillment - process of receiving, processing, and delivering a customer's order.
Stock Order fulfillment tracking - to ensure that stock orders are fulfilled on time, accurately and efficiently.
Supplier contracts management - process of creating, negotiating, executing, and monitoring agreements with suppliers.
Category spend tracking - helps to ensure that the company has reliable and cost-effective suppliers, and that the agreements with those suppliers align with the company's goals, policies, and regulations.
Supplier performance monitoring - evaluating and tracking the performance of suppliers against established criteria and metrics.
Manpower budget management - align its workforce with its goals, strategies and plans, and to ensure that the resources allocated for the workforce are used effectively and efficiently.
Operational & management reporting - Provide a central repository of operational reports to gain visibility into the performance of the business, and to make informed decisions about how to improve its operations and performance.
Legal instruction requests processing - help organization stay compliant with laws and regulations and to mitigate legal risks.
Lease & contracts management - creating, negotiating, executing, and monitoring agreements related to the leasing and renting of property, equipment or services.
An added bonus of using SharePoint for these solutions is that it can be shared with your customers or business partners without any extra cost. They can submit their requests and documents through your external gateways. Moreover, if they are also using Office 365, they will enjoy single sign-on convenience using their own credentials. But when they are no longer working for their respective companies, there accounts will be automatically deactivated, thus ensuring your data stay secure.
How many of these workloads are you handling within Office 365? Do contact us if you are interested to get these going within your organization.