Microsoft announced yesterday that they will be taking steps towards a complete, all-in-one, cloud-based management solution that will help organizations streamline their businesses processes. Available as of April 2nd 2018, Microsoft Dynamics 365 Business Central enables customers to upgrade their entry-level accounting software and ERP system to a comprehensive, end-to-end solution that will help manage company financials, sales and customer service. Easily integrate Business Central with your existing Microsoft cloud services including Office 365 and easily customize PowerApps, Microsoft Flow and Power BI for specific industry needs. Dynamics Business Central brings the full power of Microsoft Dynamics NAV to the cloud.
1. Manage Your Financials
With connected data across your accounting, sales, purchasing, inventory and customer interactions you will not only receive and end-to-end view of your business, you can also easily streamline your accounts, refine financial forecasts and automatically reconcile your accounts to close and report on financials quickly and accurately using a seamless Microsoft Excel integration.
2. Automate and Secure Your Supply Chain
Using built-in intelligence, you can now easily increase visibility across your supply chains and gain a greater control over your purchasing process. Purchase only what you need and maintain the right amount of inventory by using dynamically updated inventory levels.
3. Sell Smarter and Improve Customer Service
Maximize revenue opportunities and better serve your customers using built-in recommendations. Easily keep track of all customer interactions and get guidance on the best up-sell, cross-sell, and renewal opportunities throughout your sales cycle. Quickly act on sales-related inquires, requests, and payments all within Microsoft Outlook, and gain a comprehensive overview of your service tasks, workloads, and employee skills so you can easily and effectively find a resource or solution.
4. Keep Projects on Time and Under Budget
Manage budgets and monitor progress of your projects with real-time data on available resources by creating, managing and tracking customer projects using timesheets along with advanced job costing and reporting capabilities. Easily track invoices for customers against quotes and orders, allowing your business to make effective decisions with real time insights on project status, profitability, and resource-usage metrics.
5. Optimize your Operations
Streamline your manufacturing and warehousing operations to deliver products on time and reduce costs. By using sales forecasts and expected stock-outs to automatically generate production plans and create purchase orders. Easily track every item transaction and movement by setting up bins based on warehouse layout and storage unit dimensions, this allows you to easily calculate and optimize manufacturing capacity and resources to improve production schedules as well as meet customer demands.