Dynamics 365 Business Central Benefits
Introduction to Microsoft Dynamics 365 Business Central for your Business
Having the ability to accelerate growth is a top priority for many businesses and is a key influencer in driving business success story outcomes. One of the central enablers of this business success model is ensuring that you are using the right digital technology for your business.
There are many areas to explore and evaluate when selecting an effective business management solution for your business and top of the list is ensuring your business is running on adaptable and cutting-edge Cloud ERP (Enterprise Resource Planning) technology.
Below are some of the key considerations when implementing an effective ERP Solution:
- Industry experience, knowledge & skillsets
- ERP Functional Fit for end-to-end business requirements
- The scope of the ERP Technology
- ERP Vendor Viability & Reputation
- ERP Project Implementation Objectives & Considerations
- The Risk Assessments
- Agility & Scalability
- Customer References
- Post Go Live support & maintenance
Microsoft is one of the leading technology platforms with its all-encompassing Dynamics 365 Business Central ERP Business Management Software Solution.
Some of the Top Benefits of Dynamics 365 Business Central for your Business
- Streamlined Financial Management
- Improved Sales and Customer Service
- Optimised Supply Chain Management
- Enhanced Project Management
- Seamless Integration with Other Microsoft Solutions
- Advanced Customisation and Scalability
- Security and Compliance Assurance
- Comprehensive Reporting, Analysis, BI and AI
- Case Studies: Businesses Thriving with Dynamics 365 Business Central Making the Decision: Is D365 Business Central Right for Your Business?
Microsoft Dynamics 365 Business Central also referred to as BC, is a game-changer in the ERP space and provides a host of time-saving and easy-to-use features and powerful capabilities that bring real value to your business. As D365 Business Central is part of the Microsoft technology stack, its unique designs brings a user-friendly navigation experience and enables user adoption as well as easy integration to other familiar Microsoft products such as Office 365, Teams, SharePoint, Power BI, D365 AI Copilot and more.
Below is an overview of some of the top benefits of why you should implement D365 Business Central for your business.
Explore some of the Top Top Benefits of Dynamics 365 Business Central for Your Business
- Advancing the cloud ERP capabilities with d365 business central
For some companies, they may not want to face the many challenges of migrating legacy ERP applications that may have undergone extensive customisations over time to meet specific business and industry requirements. While for others, they may just wish to upgrade their ERP system to meet the evolving operating versions and models and without necessarily having to start building everything from scratch again. This is where Cloud ERP solutions can provide a cost-effective and fast route to help companies overcome these issues.
There is an increasing number of companies moving their on-premise hosted ERP Solution to the Cloud ERP environment.
Be leveraging a Cloud environment, enables access to an ERP software solution which will easily and quickly connect your end-to-end business processes into one centralised all-encompassing business process.
D365 Business Central is a flexible and adaptable ERP solution and caters for all business sizes from SMBs to large enterprise, enabling them to reap the benefits of cloud ERP with built-in security, mobile, agile and scalable ERP technology while at the same time, avoiding the enormous investment costs often required to support and maintain on-premise solutions and servers.
A recent Deloitte Survey found that that companies that adopt an “above average number of cloud services grow 26% faster, and are 21% more profitable, on average, than those companies that do not use cloud tools.”
- Connected Systems Experience
Dynamics 365 Business Central combines your end-to-end business processes into a single centralised business management software solution that will automate and streamline daily tasks, saving time, resources, and money. Whether in the office, out in the field or on the go, your team have secure and real-time access enabling greater collaboration and productivity.
- informed data-driven decision making
Operating in the Business Central connected environment enables your decision-makers to get a global view across the end-to-end business operations. With centralised and real-time reporting, analytics and visualisation dashboards, enables you to quickly and easily identify critical patterns and trends such as cash flow, inventory and Service status.
With Business Central’s easy integration also empowers your team to respond to customer service requests and queries, share real-time data across devices and locations. With a unified ERP solution such as d365 Business Central enables your team to make informed and reliable data-driven decisions.
Microsoft Dynamics 365 Business Central provides enhanced reporting and analytics capabilities and you can also use Power BI to create interactive dashboards and powerful data visualisations that provide real-time insights into your business.
- Embedded AI and CoPilot for D365 BC ERP
Welcome to a new era in Microsoft’s enterprise resource planning (ERP) systems, powered by AI. Generative AI is a game-changing technology that promises to modernise the way work gets done, driving innovation across ERP; from streamlining operations to speeding time to actionable insight. Dynamics 365 Copilot leverages recent advancements in generative AI to automate daily tasks and unlock the full creativity of the workforce.
Enterprise Resource Planning (ERP) systems have long been at the core of modern businesses, enabling the centralisation of data processing, collection and analysis. However, traditional ERP solutions have had their struggles in keeping pace with rapidly changing and often volatile market conditions. Complex and rigid processes within ERP systems have often created more work for people such as repetitive manual data entry, however with the introduction of Dynamics 365 Copilot, is a game changer for critical functions such as finance management, collections agents and project managers to enable them to access real-time critical business insights faster and speed up time time-consuming tasks.
Microsoft’s pending launch of the extended and powerful planning and analytics solution will help finance managers and business analysts even further by spending less time slicing and dicing data. With the ability to use familiar tools like Microsoft Power BI and Excel infused with Copilot AI capabilities will change the way you manage your business.
- Use natural language to bring data to life by simply describing the visuals and insights to share with the invested stakeholders and decision makers.
- Copilot will help create a Microsoft Power BI dashboard or report – complete with visualisations and summaries – and help refine it.
- Users can drill through and dig into the data further by asking questions – and where Copilot will find the right answer!
- Collaboratively align plans, budgets, and forecasts with business strategy.
- Streamline sales and operations planning.
- Automate financial consolidation for seamless financial close processes.
- Strategically close talent gaps for an empowered workforce
- Gain a comprehensive view of cash flow scenarious
- Access highly accurate predictions through advanced predictive analytics powered by machine learning and AI.
- Customer Relationship Management (CRM) and Customer experience (CE) Capabilities
Microsoft Dynamics 365 Business Central provides advanced customer relationship management capabilities. It allows you to manage your sales process, track customer interactions, and provide excellent customer service. The CRM Customer Experience solution also provides real-time insights into your customers, so you can quickly identify opportunities for cross-selling and up-selling opportunities.
Microsoft Dynamics 365 Business Central also provides advanced marketing automation capabilities. You can use the solution to create targeted marketing campaigns, track campaign performance, and measure ROI.
- Cost Savings
With Dynamics 365 Business Central cloud ERP, enables users to be billed on a monthly basis and based on the number of users. Having the flexibility to pay only for what you need and adapt accordingly as your business needs change and grow helps you to control your costs.
For any expanding business, the flexibility to pay for and use only what you actually need now provides an added layer of confidence and security, ensuring that you get the right service and at the right time. With some great flexible licensing plans, a modern ERP solution, adaptable business apps and add-ons, and a scalable database, enables you to effectively manage your growth requirements such as adding additional users as and when needed.
- Powerful Scalability & Flexibility
One of the most significant benefits of Microsoft Dynamics 365 Business Central is its scalability and flexibility. The solution can be easily scaled up or down, depending on the needs of your business. As your business grows, you can add new features and functionalities to the solution to meet your changing needs.
Microsoft Dynamics 365 Business Central is also highly flexible. It can be customised to meet the specific needs of your business. You can add new modules, create custom workflows, and integrate with other applications to ensure that the solution meets your unique requirements.
With Business Central’s model of a per-user, per-month structure, you can start your service small and adapt your ERP solution as you expand your business.
- Integration with Other Familiar Microsoft Products
Microsoft Dynamics 365 Business Central is designed to integrate seamlessly with other Microsoft products, such as Office 365, Power BI Teams. This integration makes it easy for your employees to access the data they need as and when they need it regardess of their location. For example, your sales team can use Microsoft Teams to collaborate on deals and access customer data from Microsoft Dynamics 365 Business Central.
- Improved Financial Management
Microsoft Dynamics 365 Business Central provides robust financial management capabilities. It allows you to manage your financials, including general ledger, accounts payable, accounts receivable, cash management, and fixed assets, all in one centralised space. The solution also provides real-time financial reporting, so you can quickly and easily get an accurate and real-time view of the financial and cash flow performance.
Microsoft Dynamics 365 Business Central provides advanced budgeting and forecasting capabilities. You can create detailed budgets and forecasts based on historical data and adjust them as needed based on changing business conditions.
- Automated & Streamlined Supply Chain Management
Microsoft Dynamics 365 Business Central provides advanced supply chain management capabilities. It allows you to manage your inventory, purchase orders, sales orders, and production orders all in one place. The solution also provides real-time visibility into your supply chain, so you can quickly identify and address any issues.
Dynamics 365 Business Central provides advanced warehouse management capabilities. You can use the solution to optimise your warehouse layout, automate your warehouse processes, and track inventory movements in real-time.
- On the Go with Mobile Accessibility
Microsoft Dynamics 365 Business Central is accessible from anywhere and on any device. Business Central provides a mobile app that allows the workforce to access the data which really matters to and enable users to perform daily tasks in an effective and productive environment.
Why Select Business Central as your ERP Software Solution?
Microsoft maintains its leading global position for Enterprise Resource Planning (ERP) Solutions with Dynamics 365 Business Central. As highlighted in the Top benefits of D365 Business Central above, Microsoft continues to strengthen its position in the marketplace. Businesses around the world are seeing the benefits of automating and streamlining systems and process into one connected and centralised ERP experience. ERP Cloud and mobile solutions are becoming a means of transforming business processes and enabling the new way of work.
Replacing existing systems may seem a daunting and challenging interruption to the normal flow of business – but having an experienced Microsoft Dynamics 365 Partner in Ireland with Simply Dynamics, tips the scales in your favour to make the change!
Increased efficiency, security and mobility – all without up-front capital expenses and with less dependency on IT infrastructure – make it easier for businesses to make the change to cutting-edge ERP technology with Dynamics 365 Business Central as a competitive advantage.
If you require any assistance in helping you to further explore the Top Benefits of Dynamics 365 Business Central for Your Business – Contact Us Now, we’re here to help
Business Process Review – Our Services:
Like any good implementation – should always start with a Business Process Review and the right ERP Implementation Partner. Essentially, you want to have a defined Roadmap to Success for your Dynamics 365 Implementation. BPR’s are mainly requested for key aeras such as:
- Project Costs & Budgets
- Implementation Scoping process
- Workflow instruction for a holistic end-to-end view of the project
- Continuous process improvement plans
At Simply Dynamics, the key aim of our business process review services is to take a closer look at every area of the business, every detail of daily tasks and any associated risk factors. By doing this, the real expectations of what the ERP system can do will be set. This will help in the long run to engage end-users in realistically using the solution and support the user-adoption process and ensure you enjoy the many benefits of the ROI in your ERP Technology Investments.
To learn more about how your organisation can drive your Business Success with the right ERP Selection Process – Contact Us Now or why not request a Free 30 Minute Consultation with our Dynamics 365 ERP & CRM Specialists Now – we’re here to help