The digital economy has significantly disrupted the way businesses function. Being connected in the virtual world at all times has required traditional businesses to re-think their growth strategy. With customers at the helm, flexibility across functions, performance without silos and constantly evolving solutions, the scope to achieve more, action quickly and scale rapidly has necessitated the need for intuitive ERP solutions. Microsoft Dynamics Business Central is a powerful all-in-one business management tool that helps MSME’s manage their businesses effectively and productively.
Digital business will generate enterprise revenues of 41% by 2020, according to a Gartner Report. Of these two thirds will be small and mid-sized enterprises working on new technology solutions, cutting edge innovation and perceptive products. Given the nature of these businesses, their flexibility of processes and organizational structure, it becomes difficult for them to adopt different solutions for different processes.
ERP solutions that are currently available manage only single tasks or a combination of a few, an example being HR and Finance. Despite limited applicability, the implementation is often erratic. It would be highly improbable to find large organizations that haven’t adopted one of the several ERP solutions available, to streamline their businesses – whether it is for product planning, marketing, sales, manufacturing or all of the above. However, considering the scale at which these solutions run, it is very difficult for stakeholders to implement them in small enterprises and is also very challenging.
Microsoft Dynamics 365 Business Central fills the gap that existing ERP solutions are unable to address, with a tailored module that works with existing systems, is scalable, flexible and best suited to small and medium enterprises. Built with Microsoft’s NAV functionality, and adaptable to other existing MS Cloud Services such as Power BI, MS Flow, MS Office 365 and PowerApps, the solution can grow and change based on changing business needs while optimizing latest technologies.
Business Central features that empower Small Businesses
Microsoft Dynamics Business Central
ERP solutions today are available in plenty, have limited customization capabilities and manage specific business verticals. With startups and mid-sized enterprises scaling rapidly, addressing increased complexities and managing constantly changing business scenarios, the need of the hour is an end-to-end ERP solution for businesses that can be tailored to suit different requirements while integrating with existing solutions. Microsoft released Dynamics 365 Business Central – its SME focused solution – in the UAE market, in the first week of August 2018. This product is a comprehensive business management solution – with customized local VAT capabilities – that effectively and seamlessly integrates back-office systems with business processes such as sales, finance, human resources, operations, logistics and marketing and is also extremely coherently integrated with Office 365.
Conclusion
Microsoft Dynamics Business Central takes charge of all business functionalities – inventory, budgets, reporting – at all times, accessible through the cloud. To know more about how you can transition to a hassle-free business and increase productivity, reach out to us at marketing@levtechconsulting.com