Why does Your Business need to Upgrade to Dynamics 365 Business Central?
Microsoft Dynamics 365 Business Central is a cloud-based, unified business management solution which facilitates enterprises to transform their entry-level accounting software or legacy Enterprise Resource Planning (ERP) system to an inclusive solution to manage critical business functions, including finance, operations, sales, and customer service.
Business Central is a tried and true solution that has successfully served over 160,000 customers and millions of users worldwide, aiding them with restructuring their processes, enhancing customer relations, and enabling growth.
Perhaps for a while, the software you currently use might have met your business needs, however as the dynamics of the business evolve, so must your technology. In February 2017, a study from the Aberdeen Group, a technology, and services company found that 55% of businesses that choose to update their ERP system do so because they wish to ‘take advantage of new functionality’. Other reasons included:
Dynamics 365 Business Central Advantages
- INFORMED DECISIONS
Modern enterprises are readily exploring ways to improve their abilities of making smarter decisions. Their existing business solutions are scattered across the departments, making it tedious to get real-time business insights for right business decisions.
- ADVANCED CAPABILITIES
Business Central is an advanced business solution, integrated with smart functionalities, delivering relevant business information that enterprises need to identify upcoming trends, prevent recurring issues, and ensure great customer engagements.
- ADVANCED INTEGRATIONS
Moreover, Business Central leverages the intelligence of Microsoft Power BI (Business Intelligence) to ensure in-depth organizational reporting, enabling businesses to:
- Ensure smart forecasts for Sales, Cash Flows, and Budgets
- Render real-time inventory levels.
- Facilitate payment recommendations and vendor discounts.
- Deliver payment due reminders to avoid overdue penalties.
- UNIFIED BUSINESS FUNCTIONS
Businesses with advanced accounting and reporting solutions typically face issues when unifying their business capabilities together.
- BOOST EFFICIENCY
Automates workflows through a seamless integration with Microsoft Office tools, including Outlook, Word, and Excel thus, enabling enterprises to improve their efficiency.
- ACTIONABLE INSIGHTS
Amalgamates business data and analytics through leading intelligent solutions enabling business to ensure greater outcomes and gain smarter business views.
- SMART SOLUTIONS
Improves productivity and unifies business functions through embedded smart platforms enabling enterprises to automatically track cash flows and audit trails.
Enhanced Business Management Capabilities
- A simple to set up and easy to execute solution is always ideal. Typically, businesses do not intend to spend time on – learning new software; importing data from existing scattered systems; or managing additional cost burdens of replacing hardware and software.
- SMART INTERFACE
Simplifies the problematic and painstaking tasks, such as data imports, through an embedded user-friendly framework thus, empowering enterprises to save their time and efforts.
- SIMPLIFIED PERSONALIZATION
Customizes relevant applications to adapt to bespoke business requirements enabling users to easily re-arrange fields, re-name groups, and re-locate elements.
- SEAMLESS SEARCHES
Facilitates easy look-ups for relevant pages and reports through integrated simplified wizard, assisting users to FIND QUICKLY AND PRECISELY what they need.
Why Should You Upgrade to Dynamics365 Business Central?
Apart from those using an ERP from other companies, there are businesses that are already using Microsoft software products including NAV and D365. Again, the question arises–should they also upgrade to D365BC? Will their existing software solution become obsolete? Should they upgrade now? How will much the upgrade cost them?
Integrated. Intelligent. Scalable.
These are the USPs of Dynamics 365 Business Central. With features and capabilities that can be tailored as per the business needs, it is an all-in-one business management solution that integrates accounting, sales, supply chain, reporting, operations, and project management in one single dashboard. To produce real-time and actionable data from every business process, Power BI is embedded throughout the software. Moreover, the user interface (UI) is now cleaner and can be personalized to access more functionalities when needed.
Dynamics 365 Business Central is a versatile and flexible cloud-based platform that includes all the features and functionality found in Dynamics NAV. Since its launch, Microsoft has dedicated significant resources to D365 BC and has already laid out a roadmap for future growth, migration, integration, and augmentations to make it an end-to-end solution for all aspects of business operations and processes. This contains the following:
- Supply chain and inventory management
- Project management
- Accounting and financial management
- Operations management
- Human resource management
- Sales management
- Service management
Furthermore, Microsoft Dynamics 365 Business Central includes features that include rock-solid data protection and exceptional mobile device support, all of which are critical for companies today.