What is Microsoft Dynamics 365 Business Central?
Microsoft Dynamics 365 Business Central is an all-in-one business management solution designed for small and medium-sized enterprises (SMEs). It combines enterprise resource planning (ERP) and customer relationship management (CRM) capabilities into a single integrated cloud-based platform.
Business Central provides a comprehensive set of tools and functionalities to manage various aspects of a business, including finance, sales, customer service, operations, and project management. It enables organizations to streamline their processes, make data-driven decisions, and improve overall productivity and efficiency.
Some key features of Microsoft Dynamics 365 Business Central include:
Financial Management: Business Central allows you to manage your financial operations, including general ledger, accounts receivable and payable, budgeting, cash flow forecasting, and fixed assets.
Sales and Customer Service: It helps you track and manage sales opportunities, create quotes and orders, handle invoices, and provide customer service and support.
Inventory and Supply Chain Management: You can effectively manage your inventory, track items across multiple locations, optimize supply chain operations, and streamline procurement processes.
Project Management: Business Central enables you to plan, track, and manage projects, allocate resources, monitor project costs, and analyze project performance.
Reporting and Analytics: It provides powerful reporting and analytics capabilities, allowing you to gain insights into your business data and create customizable reports and dashboards.
Integration and Customization: Business Central integrates with other Microsoft tools and services, such as Office 365 and Power Platform, and supports customization to tailor the solution to specific business needs.
Being a cloud-based solution, Business Central offers the advantages of scalability, accessibility from anywhere with an internet connection, automatic updates, and data security.
Overall, Microsoft Dynamics 365 Business Central is aimed at helping SMEs streamline their operations, improve collaboration, and make informed decisions to drive business growth and success.
Is Microsoft Dynamics 365 Business Central different from Microsoft Dynamics Nav?
Microsoft Dynamics 365 Business Central is the newer version of Microsoft Dynamics Nav. It offers the same functionalities and capabilities as Dynamics Nav. However, despite the similarities, Microsoft Dynamics 365 Business Central is more user-friendly and offers wider reach and better flexibility.
In this blog, let us look at the 6 Major Reasons why businesses should migrate from Microsoft Dynamics Nav to Business Central.
Stay Updated
From 31st March 2021 onwards, Microsoft has stopped selling Dynamics Nav to new customers. Though the existing Nav customers can purchase new licenses for their solution, the mainstream support for Dynamics Nav has come to an end. This means that Microsoft will no longer release upgrades for Dynamics Nav.
Easier & Automatic Upgrades
For Microsoft Dynamics 365 Business Central, upgrades occur every 6 months i.e., twice a year. Moreover, for the Business Central cloud version, these upgrades are automatic. Additionally, unlike Dynamics Nav, the new AL coding makes upgrades in Business Central much easier to manage in the long run.
Cloud-based solution
As a cloud-based solution, Business Central is accessible, scalable and secure. Businesses can access it 24/7 anywhere, from any device. Moreover, it offers much-needed flexibility and scalability to businesses for meeting their requirements. In addition, as a secure solution, it also provides them with unmatched security and governance.
Besides, businesses also have the option of deploying Business Central as an on-premises solution. However, by doing so, they may miss out on the benefits of a true cloud solution.
Seamless Integration
Business Central seamlessly integrates with Microsoft 365, Dynamics 365, Power BI, Power Apps, etc. As a result, it offers real-time analytics and an end-to-end view of business processes. At the same time, it unlocks productivity, facilitates collaboration, and eliminates data silos.
Cost-Effective
With Microsoft Dynamics 365 Business Central, businesses can pay per user, per month. As a result, they can manage their costs easily. Moreover, the cost of automatic upgrades is also included in the subscription.Β Therefore,Β businesses can stay confident that they are using the latest and the most secure version, without any additional investment. Similarly, by using Business Central Cloud, they can further optimize their costs as businesses do not have to invest in maintaining their in-house servers.
Modern User Interface
Business Central offers a modern and intuitive interface. As a result, it can be used on any device, without a difference in user experience.
Why Choose Us For Implementing Dynamics 365 Business Central?
We are a Microsoft Partner based in Ahmedabad, Gujarat, with offices across India & overseas. With over a decade of experience in Business Management Consulting, we strongly believe in and work toward Microsoftβs vision of facilitating a holistic and unified Digital Transformation for all our clients. Our highly skilled & knowledgeable Techno-Functional Consultants not only adhere to a customer-centric approach & provide our clients with round-the-clock support but also have an exceptional track record when it comes to project management and service delivery. We are committed to providing our clients with the best possible service and experience, and we firmly believe that our team of experts is the best in the business. If you’re looking for a partner that can help you with your digital transformation, look no further than us.
For more information or to book a free consultation with one of our experts, please write to us at business@techcronus.com.