MICROSOFT DYNAMICS 365 BUSINESS CENTRAL

 Why Use Dynamics 365 Business Central

 

 

Business Central is Microsoft's ERP platform for small to medium sized business looking to integrate all tasks across one platform. While it is similar to D365 for Finance and Operations, in that Business Central offers businesses an ERP platform that unites business processes, the subscription and implementation costs are lower. ​​Those who choose this option are typically professional or wholesale businesses that need help streamlining their daily tasks across one platform and want to implement scalable technology infrastructure.

 

D365 Business Central is especially useful for companies that are interested in consolidating their software into one centralized tool in order to assist with growth and streamlining tasks. Furthermore, Business Central includes standard configurations that most businesses find helpful, but customization is easily available in order to perfectly suit your specific business’s needs.

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What Does Dynamics 365 Business Central Include?

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Like the name implies, this solution focuses on business-related tasks and centralizing them in one place. So, if you are currently using multiple programs for invoicing, payroll, inventory management etc., Business Central helps to integrate all of these programs into one cloud-based SaaS solution that will save you time and deliver business value. Specifically, some of our favorite functionalities that this software provides includes the following:

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Task Workflow

In terms of daily business operations, the workflow feature of D365 Business Central is critical. This feature helps businesses not only stay organized by allowing employees to see their tasks, but it also increases productivity across the board. Having tasks and workflows neatly outlined in one location means no more digging through old emails or making phone calls to figure out what needs to be done and when. 

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Inventory Management

If you work in manufacturing or your business has a warehouse, you understand how important managing inventory is. With D365 Business Central, you can track all your inventory in one spot. This solution allows you to not only manage your inventory but helps to streamline the processes in your supply chain, as well as manage projects, manufacturing timelines, and more.

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Finances and Sales

In terms of financial and sales-related business tasks, D365 Business Central can help you manage many different aspects of your business. This solution has the ability to create quotes and estimates for your business. You can also make and collect payments from vendors and customers, manage cash flow, indicate the need to defer income and/or revenue, prepare year-end closing reports, and manage fixed assets. Furthermore, within the sales function, you can manage quotes, orders, returns, and customer accounts. Finally, non-profit organizations looking for an affordable solution can take advantage of MSFT’s 70% discount on software licenses. Learn more here.

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Relationship Management

If your business relies heavily on customer relationships, then Business Central is the solution for you. Without proper organization, it can be difficult to keep tabs on all your past, present, and future customers or clients. With the Relationship Management function that Business Central provides, you are able to not only manage and support sales efforts for potential customers but also determine if you’d like to focus activities towards preferred customers and contacts.

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Project Management

One of the things that small businesses need the most is solid project management. Without it, a business can quickly lose money by spending too much time on projects that don’t make enough profit. With Business Central, project management assists with everything you need to keep a project on track and running smoothly. Some functions include creating jobs and scheduling resources for a project, managing budgets, monitoring progress, and tracking machine and/or employee hours.

 

For a full detailed list of all the different functionalities that Business Central provides, click here.

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The Bottom Line

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D365 Business Central is an excellent solution choice for your business if you are small to medium sized and need to streamline your processes into one software. The software is billed at a monthly rate determined by the amount of users you need and can easily be scaled up or down to fit your business’s specific needs. It is a great choice for growing businesses that want to get organized and scale.