Microsoft released Dynamics 365 Business Central, a full commercial bundle for Dynamics 365, in 2018. In addition to working with Microsoft Dynamics 365, its structure is designed to support the usage of business application extensions for various cloud services.
When it comes to company growth, Dynamics 365 Business Central is readily scalable, making it a great pick for your small business. It provides an almost limitless number of solutions to assist you in your development.
Read on to learn why Microsoft's complete ERP system can bring together diverse components of any corporation and providing them with a customizable experience through the use of cloud-based computing services.
What is Microsoft Dynamics 365 Business Central?
A single, end-to-end solution for managing all your business activities, Dynamics 365 Business Central, previously known as Dynamics NAV, is a component of Microsoft's Dynamics 365 suite of business applications. Designed with small and medium-sized businesses in mind, Business Central is an enterprise resource planning solution that helps you automate and streamline business procedures while also improving the overall management of your company.
Businesses can handle operations such as finance, manufacturing, sales, shipping, project management, service delivery, and more with Business Central, which is easily configurable and offers a plethora of essential features. The solution lets you quickly and simply add functionalities that are tailored to the location in which you operate, as well as to the nature of your organization's operations.
What is ERP?
Business process management software such as ERP, or Enterprise Resource Planning, combines and handles financial, supply chain, operations management, trade, reporting, manufacturing, and human resource management functions, and processes. Most businesses have financial and business process management systems in place, but their functionality is generally restricted to day-to-day operations or long-term development goals. Such management systems must be scalable as the needs of a company grow with it.
Why use Microsoft Dynamics 365 Business Central for a small business?
It is important to note that Dynamics 365 Business Central has significant capabilities across various platforms. This comprehensive management solution integrates all areas of business administration and implementation into a single platform while connecting mobile devices with workplace devices in a seamless manner.
Meanwhile, additional modules for Microsoft Dynamics 365 Business Central meet the particular needs of all businesses and industries. It can serve every operation, from production management to retail and services, for example. Let's take a look at its most notable benefits.
Business Central for a small business because... A system that is easy to use!
In particular, the software is very user-friendly. In fact, if you are familiar with other Microsoft Suite applications such as Excel and Outlook, you will be pleased to find the software to be fairly simple to use and complete your tasks with.
Business Central essentially walks you through each procedure step by step and guides you along the way, making sure that your chance of error is as low as possible which usually isn't the case when getting used to a new software. Additionally, its search feature is there to provide answers to all of your inquiries - a function that may be used at any moment from the ribbon at the top of your screen. The Role Centers are the home pages in Business Central, and they have been designed to present users with information that is relevant to their specific role in the company: for instance, in the areas of sales, finance, customer service, rental, and others...
Business Central for a small business because... Perfectly scalable!
Your number one objective as a small business owner who is just getting started is to grow as quickly as possible. For this reason alone, Dynamics 365 Business Central is an excellent solution for SMEs looking to control their cash flow while having the flexibility to build up rapidly and scale down if certain risks fail to produce the desired results.
Business Central may be adjusted to meet your present structure as well as scaled to keep up with your expanding demands, such as rising transaction volumes, new users, etc. It is reasonable to conclude that a scalable solution will enable SMEs to expand in every aspect and that is exactly what Microsoft Dynamics 365 Business Central provides business platforms.
Business Central for a small business beacause... Flexible !
Through the use of Dynamics 365, any type of company may reap the benefits of a scalable solution that provides considerable cost savings and flexibility.
It doesn't matter if your firm develops online applications or sells t-shirts; you may customise Business Central to fulfil the needs of your organisation, regardless of the industry in which you operate or the size of your company.
Business Central for a small business beacause... Enhanced security !
First and foremost, it is possible to control which objects or tables a user may access within a database using the Business Central cloud-based security solution. You may do so by managing the roles that have access to these objects and tables, including whether they can read, change, or input new data.
Furthermore, this solution is fully automated and cloud-based, thus important updates are made on a frequent basis for improved service. It's worth noting that Microsoft has improved the security of cloud computing and online company administration to the same level, if not higher, than that of financial and banking institutions. Owners of small businesses may rest easy knowing that their data is protected by their industry-leading, multi-layered cloud security solutions.
Business Central for a small business beacause... Easily accessible from any location !
Because Microsoft Dynamics 365 Business Central is hosted in the cloud, it offers many major advantages. One of them is easy accessibility. If you've ever considered moving your business to the cloud, you should know that doing so is a significant move that will result in cheaper expenses and greater flexibility, as well as making your infrastructure available from anywhere. All you need is a mobile device or a computer with a connection to the internet and the proper user access rights. It's worth noting that more than 80% of SMBs are currently utilising some form of cloud infrastructure.
Business Central for a small business beacause... Affordable !
There are several ways in which Business Central may save your company money while also providing long-term value. In contrast to big and expensive software suites, Microsoft Dynamics 365's modular approach allows you to only pay for what you use, eliminating the need to worry about unforeseen software expenditures.
In addition, the set monthly subscription fee from Microsoft provides you with the most recent software upgrades, applications, and security updates. This way, small businesses may simplify their transition to the digital world by not having to acquire a feature set they don't need, which saves time and money during deployment.
Seamless migration to Business Central for small businesses
It doesn't have to be difficult to migrate from a non-Microsoft ERP system to Dynamics 365. An increasing number of small and medium-sized businesses are switching from QuickBooks Desktop and QuickBooks Online to Business Central, which also serves bigger companies with a greater scope.
Naturally, it's common for businesses to want to migrate all of their company data with them when they migrate, so they don't have to start from zero. Fortunately, all of that is possible with Business Central. Customers, vendors, inventory items, and general ledger accounts are just a few of the data types that Business Central has built-in extensions for migration.
Gestisoft is your trusted expert in Microsoft Dynamics Business Central for small business
Overall, Dynamics 365 Business Central is a straightforward step toward the adoption of cloud-based ERP systems for the growth, security and flexibility of your company. Digital transformation is a trend that is only going to become more widespread, and Microsoft is striving to provide relevant software that is both cutting-edge and technologically advanced.
There is no time like right now to equip your small business with the best tools to succeed. Please contact one of our specialists if you are interested in upgrading your company structure by deploying Business Central or migrating from another ERP solution.
Need help with your ERP software implementation? Chat with one of our experts.
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November 11, 2021 by Frédéric Charest by Frédéric Charest VP of Marketing
Data-driven Growth Marketer with a Passion for SEO - Driving Results through Analytics and Optimization