Businesses today are in a contest for more ubiquitous and centralized computing power. Organizations are searching for a platform where employees and business operations stay constantly connected for the organizations’ and customers’ desired outcomes. Dynamics 365 business central is a comprehensive digital platform connecting operation and business touchpoints to boost sales, increase customer services, and unlock limitless productivity opportunities.
There is no point in denying that today’s market is changing quickly with changes in demand, customer expectations, and customer services. Hence to pace with the constantly evolving market Dynamics 365 business central can enable businesses to move on cloud technology confidently to provide the tools to meet the change that customers and the market need.
Dynamics 365 business central is driven by cloud, powered by data, and fueled by data intelligence that elevates businesses with more productivity and connects each touchpoint, bringing together Office 365, Azure cloud, Power Platform, and more that help businesses to be ready for what’s next.
Further, in this blog, the discussion about it will move forward with an analysis of its capabilities. Let’s move into it.
What is Dynamics 365 Business Central? –
Microsoft-powered Dynamics 365 Business Central is an all-inclusive cloud-based business administration tool. It is developed to aid small and medium-sized enterprises in managing their finances, sales, purchases, inventory, operations, project management, and other digital things on the cloud. It incorporates several functionalities into one system, including inventory management, sales, purchasing, and supply chain management.
Business Central is built and developed on the Microsoft Dynamics NAV platform, which has been utilized by businesses worldwide for more than 30 years. Without the requirement for on-premises equipment or software installation, Business Central is a Software-as-a-Service (SaaS) solution hosted in the cloud and accessed via a web browser or mobile app.
In short, It is a SaaS-based business application that connects various business touchpoints by combining CRM and ERP capabilities to manage and organize business in a unified way with cloud capabilities.
What are the Capabilities of Dynamics 365 Business Central? –
Dynamics 365 Business Central is a comprehensive company management tool created to automate and streamline various business processes. The following are some of its features:
The ability to manage your finances, including the general ledger, budgets, accounts payable, accounts receivable, cash flow, and fixed assets, is known as financial management. With Dynamics 365, business central organizations can streamline financial operations and seamlessly close books faster.
Supply Chain Management:
The ability to manage your supply chain, including sales and purchase order management, inventory management, and warehouse management, is provided by supply chain management. Dynamics 365 Business Central can manage, organize, and control the supply chain management system by connecting different touchpoints and streamlining the supply chain workflow for better productivity and efficiency.
It enables you to manage your projects, including resource management, time and expenditure monitoring, project costing, and task costing. Moreover, it can manage multiple projects at one time, which helps businesses with decision-making and collaboration.
Customer Relationship Management:
The ability to manage your customer connections, including sales and service management, marketing, and customer analytics, is provided by customer relationship management.
Human Resource Management:
This feature enables you to handle your HR procedures, such as processing payroll, managing benefits, managing employee profiles, and monitoring time and attendance.
Business intelligence and reporting:
It includes integrated analytics and reporting tools powered by Power BI that let the organization understand the company’s performance and makes wise decisions. It also provides actionable insights on each sphere of business that helps small and medium-scale enterprises with a complete overview and detailed summary.
Support for multiple currencies and languages:
It enables organizations to conduct international operations more easily by supporting multiple currencies and languages. AI-integrated solutions by Business central help organizations to translate international languages automatically into local languages to understand the procedure or customer need quickly and accurately. That helps businesses provide global clients with better customer service and exclusive customer experience.
Integration and Customization: Businesses may integrate Dynamics 365 business central solution with other Microsoft products, like Office 365, Power BI, and PowerApps, and can also alter it to suit organizations’ unique business requirements. Moreover, businesses can also indulge the capabilities of Microsoft Azure cloud security to protect, secure, and safeguard crucial business documents and records.
Dynamics 365 Business Central is an innovative platform for small–medium scale businesses that turn organizations’ hurdles into creativity, challenges into opportunities, and obstacles into breakthroughs.
Small and medium-scale businesses can embark on D365 NAV to equip their business with cloud technology that boosts sales and business productivity and, importantly, prepare them for tomorrow’s challenges. Get in touch with Dynamics 365 consulting today to know more about it.