Today’s #TipTuesday isn’t a technical tip, it’s more of a business tip. I’ve written this to be specific to Dynamics GP, although what I describe may apply to other applications and software licensing. I have not worked with licensing on any other ERP packages to know if this might be a general rule of thumb or not.
If you’ve been using Dynamics GP for any length of time, it might be worth revisiting what you’re registered for and have paid for, module/functionality-wise. It’s probably worth taking a look at this every couple of years post-implementation, particularly if you paid for things up-front with the intention of phased implementations later. Every year is probably too frequent, but every couple of years allows you time to evaluate if your master plans have changed, if you still plan to implement what you thought you would at the time of purchase.
The math works out that, on average, every 5 years you are re-purchasing your Dynamics GP software (based on a rough average of 20% annual enhancement from ISVs). This doesn’t apply to subscription-based licensing, which is paid by the month, but the vast majority of users of Dynamics GP are not on subscription licensing (or that would be my guess).
Continue reading “Are you using what you’ve purchased?”