Microsoft Dynamics Business Central implementation

Dynamics 365 Business Central implementation is a robust and versatile solution, which was created to help small and medium-sized businesses (SMBs). It was specially developed for SMBs looking for an all-in-one intelligent ERP solution that is easy to use, flexible, and can be implemented either in the cloud or on-premise.

An enterprise resource planning (ERP) system enables your company to consolidate several unconnected systems into a single system. It also increases productivity through the use of automated processes and workflows. All of this can be accomplished with the help of your Office 365 products such as Word, Outlook, and Excel.

Businesses that are prepared to fully embrace digital transformation stand to benefit greatly from the deployment of Microsoft Dynamics 365 Business Central partners.

Here are eight extraordinary advantages that your company will enjoy as a result of Microsoft Dynamics Business Central implementation.

Low Ownership Cost

One of the advantages of Dynamics 365 Business Central is that it is a great value-for-money product line.

  • Managing Cash Flow

 Whether you run a small or a mid-sized business, leveraging Microsoft Dynamics 365 Business Central partners can assist you in managing your cash flow while reducing your overhead costs. This is true regardless of the size of your business.

  • Low Initial Investment

Cloud ERP requires a low initial investment in equipment. It can also eliminate the costs associated with upgrades and maintenance.

  • Easy Payment Options

The fact that you can make a fixed payment every month on a subscription basis relieves you of the burden of making a sizable initial payment. This payment method also helps you to manage your finances better.

  • Smart Savings

Dynamics 365 Business Central will save you money as compared to other on-premises solutions because it eliminates the need for servers, administration, specialized IT people, and other expenses.

 

Centralized Repository of Data

A central repository model is very effective while creating a single source of truth. Some of the advantages of this model are mentioned below:

  • Easy to Share

With Dynamics 365 Business Central, all of your company’s data will be consolidated into a centralized location. This will serve as a single source of information and can be shared within the company.  The data will be stored in a centralized location that is both secure and regularly subjected to real-time updates.

As the data is accessible to everyone in the company, they may all use the same information to coordinate better while working together.

  • Pre-Installed Dashboard

Dynamics 365 Business Central comes with a pre-installed dashboard that gives you instant access to data reports and analyses.

  • Faster Results

Another advantage of a centralized repository of data is that you will be able to speed up the growth of your organization. So, using linked data across your financial and accounting functions will give you better control over your sales and purchasing activities, and inventory management.

Combine ERP and CRM Functionality

Even though Business Central is an enterprise resource planning (ERP) system, it also contains capabilities that could improve customer experiences and your relationships with your clients.

Throughout the sales cycle, CRM  will help you to keep track of customer interactions and gain insights on upsell, cross-sell, and renewal opportunities.

It can also be used to contrive discount plans for individual customers or particular organizations to enhance the overall customer experience.

With CRM in place, you can finally focus on­­­–—handling after-sales difficulties and service requests, fine-tuning your service to cater to customers’ needs, and providing prompt and effective responses to inquiries–—among other things.

Warehouse and Supply Chain Management

Warehouse and supply chain management are only two of the numerous functions that are included in Dynamics 365 Business Central’s extensive feature set.

When you employ predictive stock replenishment, you can establish purchase orders based on sales predictions and predicted stock-outs. This, in turn, will enhance the potential to increase the efficiency of your supply chain. It will also help you to keep your inventory replenished at all times.

Dynamics 365 also helps you to improve the productivity of your receiving and storage departments by using templates to determine the best possible arrangement of goods in your warehouse storage facilities. This will allow you to better utilize the space available.

The Ability to be Flexible

When your company uses cloud computing, you and your employees will have much faster access to the data that pertains to your company. This gives you the power to control your company from any location and utilize any gadget at any given time.

It is crucial to one’s career to be able to adapt to be successful in today’s world. Likewise, a business also needs to be flexible to be able to compete in today’s market. Thanks to its scalability, Business Central gives you the option to be flexible, enabling you to cater to the needs of your ever-changing organization.

It Simplifies Project Management

Microsoft Dynamics Business Central implementation grants you access to capabilities in the areas of finance and accounting, as well as warehousing and customer relationship management (CRM).  It also gives you access to tools for project management, enabling you to finish projects on schedule.

Project timesheets, advanced task costing, and reporting tools can be used to assist in the creation of projects, the management of those projects, and the monitoring of their progress.

You may also manage several resource levels by preparing for sales opportunities and future capacity. It will increase your chances of success.

You will also be able to obtain real-time data and information regarding the progression of your projects, as well as other information that will assist you in preserving your profitability.

It Allows for Seamless Integrations

If you’re an existing user of other Microsoft business applications like Office 365, you will be thrilled to learn that Dynamics 365 Business Central readily connects with other Microsoft business products. In addition to that, it also comes equipped with standard dashboards developed by Microsoft Power BI.

You can further personalize your solution by downloading and integrating applications or extensions from the Microsoft AppSource or your Microsoft Dynamics Business Central partner. Tailoring solutions to cater to a particular business requirement gives you an edge over your competitors.

Data Security and Compliance

The Microsoft Dynamics 365 Business Central implementation can grant your organization the same level of safety as that of a major enterprise. As a cloud-based storage solution, it ensures that your data is backed up and stored safely and securely.

You can also make your application more secure by incorporating a range of features like authorization, authentication, data encryption, and auditing.

For customers who do business in multiple countries, Microsoft Dynamics Business Central implementation gives them the ability to personalize their settings to ensure that their data is collected and stored as per the rules of their respective countries.

Final Thoughts

Through Dynamics 365 Business Central implementation, Microsoft continues to hold the market share leadership position in corporate resource planning for small and medium-sized businesses.

Korcomptenz’s partnership with Microsoft has allowed us to serve our clients how we want. Many of our clients have made positive changes to their businesses by using Dynamics 365 Business Central.

So, every company has the potential to profit from Business Central’s compelling, extensive, and simple-to-use enterprise resource planning (ERP) platform.

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