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If you are owning a mid-sized business, your company might be facing several challenges in handling the crucial business operations. Well, you’re not alone! More than 55% of organizations struggle with process and system integration problems. And 50% of companies find reports creation and configuration a hectic and complicated task.
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Moreover, the challenges are not limited to the internal processes, your customers also expect the use of innovative technology.
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So, how to overcome these challenges? How to foster your brand’s growth?
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You must eliminate the use of outdated tools and software that are stunting your growth. The best is to upgrade your on-premise and outdated ERP and CRM application to Microsoft Dynamics 365 Business Central.
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Including such an application in your business will simplify a multitude of tasks for you and D365 Business Central is the perfect option to go for.
What is Microsoft Dynamics 365 Business Central?
Business Central is an updated version of Microsoft Dynamics NAV. It’s a unified cloud-based solution that seamlessly connects your people and streamlines the data sharing and reporting processes.
By acquiring this solution for your business, you can be relaxed of handling following operations -
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- Financial Management
- Sales & Service Management
- Project Management
- Supply Chain Management
- Operations Management
- Reporting & Analytics.
If you’re wondering whether the Dynamics 365 Business Central implementation is right for your business or not, check out below.
Microsoft D365 Business Central Capabilities & Benefits
In this blog, we have rounded up the top 7 benefits of this enterprise resource planning app. This will give you a better understanding of how the cloud version could transform your business.
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Q1. Why it’s important to upgrade from Dynamics NAV to Business Central?
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1. Low Ownership Cost
As a mid-sized business, controlling cash flow is a bit difficult. With this ERP system, you can lower your infrastructure investment and upgrades or maintenance costs.
It offers a subscription-based monthly fixed fee model, enabling its users to pay only for the features they will use. The cloud-based capabilities of this application eliminate the need for an on-premise server, dedicated IT resources, and management costs.
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2. Centralized Data & Real-Time Insights
Microsoft Dynamics 365 solution keeps your data safe at a secured location that is updated constantly in real-time with the latest information.
Using this capability of the ERP system, everyone in the company can use the same data for making better decisions. The centralized view of data reports and a built-in dashboard makes the financial reporting process quick and easy.
Using this capability of the ERP system, everyone in the company can use the same data for making better decisions. The centralized view of data reports and a built-in dashboard makes the financial reporting process quick and easy.
By using the connected data across finance, accounting, sales, purchasing, and inventory will help you facilitate business growth effectively.
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3. Two-in-One Application for ERP & CRM
Being an enterprise resource planning app, Business Central gets you covered with CRM features as well. It helps you solidify the relationships with your customers.
From keeping track of customer interactions, upsell and cross-sell insights, to renewable opportunities across the sales funnel. It’s a one-stop solution for your ERP and CRM needs!
By using the capabilities of this application, you can create flexible pricing and discount structures for individual customers and groups. This helps in ensuring greater sales through outstanding customer experiences.
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4. Effective Management of Supply Chain
The cloud-based application is equipped with a robust warehouse and supply chain management features. It allows you to optimize your supply chain with predictive stock replenishment and create purchase orders based on smart sales forecasting.
If handling your warehouse operations is a daunting task for you, D365 Business Central capabilities bring out the perfect solution.
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5. Scalable & Flexible
Thanks to the cloud technology for making crucial business processes, a relief for mid-sized companies. The Microsoft Dynamics 365 Business Central is easily accessible to you and your employees anywhere, anytime.
This means you can virtually run your business from any place, regardless of the location or device. In today’s era of Coronavirus, where remote work has become the new-normal, flexibility is key in keeping your business progressive.
This flexibility also ensures the scalability and lets you easily grow with ease as your business expands.
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6. Seamless Integrations
You will be happy to know that Business Central seamlessly integrates with other Microsoft products to deliver outstanding user experiences. However, it already comes with built-in Microsoft Power BI dashboards.
You can ask your Microsoft AppSource or Microsoft Dynamics Partner to customize your solutions that meet your unique business needs.
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7. Data Security and Legal Compliance
With business enterprise-level security, you get the advantage of outstanding capabilities to keep your data backed up and stored securely.
Using features like authorization, authentication, data encryption, and auditing, you can safeguard your application in no time. Moreover, the business dealing in the global market can adjust the required settings to secure data in compliance with local laws.
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Connect with the Right Microsoft Dynamics 365 Business Central Partner
Are you are considering the business central implementation for your organization or just need more information on the same?
Narola Solutions is a certified Microsoft Dynamics 365 Business Central Partner.
We can help you choose whether business central is right for you or not. Also, what process, costs, and timeline it would require to be implemented to your business operations.
With more than 15 years of experience, our professionals can guide you with the right technology and solutions to fix challenges. Let’s connect to discuss your unique business goals and find an appropriate way to bring digital transformation to your business.
