Organisational growth and development is the dream of every entrepreneur. When on the path of growth, you need to decide whether you want to continue with the already present tools, or you want to switch. While selecting tools, you need to choose those which can be scaled up and down. As per a survey report released by Deloitte, 80% of SMBs believe that cloud-based solutions allow them to scale and grow easily. Also, disconnected applications and tools disrupt business processes and workflows. Therefore, you need a solution which keeps all your business activities in a single place and allow you to analyse these activities and derive insights.
Capabilities of Microsoft Dynamics 365 Business Central
Microsoft Dynamics 365 Business Central have the capabilities that unifies several processes such as sales, marketing, project management, accounting and more. The application can be integrated with different software which you can use to enhance your processes and get a complete picture of your business. When it comes to accounting, the application has its set of features which makes the cumbersome and lengthy process easy and less prone to errors. Also, Business Central is a cloud-based solution which connects inventory management, project management, operations with crucial processes such as sales and purchase to give you a unified business experience.
With all the processes connected by Microsoft Dynamics 365 Business Central, you can leverage many business benefits. Some of which are listed below:
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Accelerated decision-making process
You can connect different legacy applications and get a complete picture of your organisation. The availability of centralised information, detailed and graphical reports enables you to understand trends such as inventory status and cash flow to take future decisions accordingly. The integration of the applications enables executives to respond to customers swiftly with the correct information. Also, the insights are available on any device therefore you can answer your customers even on the move.
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Automated and secured routine processes
Microsoft Dynamics 365 Business Central is equipped with several secured automation tools that help you and your team to perform several processes such as selling, invoicing and reporting easily and quickly. Automation and quick completion of these tasks enable you to find time and focus on product/service innovation and development.
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Improved data migration
Microsoft Dynamics 365 Business Central has features and flexibilities which allow you to migrate the internal data from traditional applications. With the migration of data, you can ensure that any of the crucial processes such as sending quotes, disbursing claims are completed without any discrepancies. Furthermore, Business Central is in ready integration with Microsoft Office suite products such as Outlook, Word and Excel and it allows you to continue working on the existing applications saving the effort of learning new tools.
Advantages of implementing Microsoft Dynamics 365 Business Central is not limited to just the handful of benefits listed above. When you get Business Central in sync with your other processes and applications the benefits multiply and your investment in the application is justified to every possible extent. If you want to get an in depth understanding of the benefits, then contact us to schedule a meeting on 1300 EXIGOTECH (394 468) or email us at . Exigo Tech being a Microsoft Solutions Partner , houses a team of experts that is well versed with the entire Microsoft product line and can custom tailor solutions as per your requirement.
FAQs
1) Is Business Central an ERP or CRM?
Microsoft Dynamics 365 Business Central is an Enterprise Resource Planning (ERP) software. It is designed to help small and medium-sized businesses manage their financials, operations, sales, and customer service in one integrated system. While it does offer some basic CRM (Customer Relationship Management) functionality, it is primarily an ERP solution. However, Microsoft does offer a separate CRM software called Dynamics 365 Sales, which is designed specifically for managing sales and customer relationships.
2) What are the benefits of D365 Business Central for Business activities?
D365 Business Central is a powerful business management solution offered by Microsoft that can bring many benefits to business activities. Some of the key benefits of D365 Business Central include:
- Streamlined financial management: D365 Business Central provides a complete financial management solution with features such as accounting, budgeting, cash flow forecasting, and financial reporting. This can help businesses manage their finances more effectively and make informed financial decisions.
- Improved inventory management: With D365 Business Central, businesses can manage their inventory in real-time, track stock levels, and automate replenishment processes. Thereby helping businesses optimise stock levels and improve customer satisfaction.
- Enhanced productivity: D365 Business Central comes with a range of productivity tools, including a built-in CRM system, project management tools, and workflow automation which helps streamline business processes, reduce manual tasks, and improve overall efficiency.
- Better decision-making: D365 Business Central provides real-time insights into business performance through customisable dashboards and reports. This helps businesses make informed decisions based on accurate data, improving business outcomes.
- Scalability and flexibility: D365 Business Central is a scalable solution that can grow and adapt to your business. It can be customised to meet specific business needs and integrated with other Microsoft solutions such as Power BI, PowerApps, and Microsoft Teams.
3) What is the purpose of Business Central?