Microsoft Dynamics Business Central – Transforming Businesses One-Step at a Time

5th November 2018

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

• Easily adaptable and flexible – As a solution designed for enterprises who have outgrown their basic accounting software, MS Dynamics is optimized for productivity. Positioned with NAV 2018, it runs on-site and on the cloud, can be merged with existing MS applications and versatile enough to fit different organizational requirements.
• Cloud based and easily accessible – A cloud-based ERP offering which is currently optimized for NAV partners, the solution helps businesses make informed decisions, connects across departments, optimizes inventory, manages sales processes, plans and tracks customer projects and can be accessed from anywhere and at anytime.
• Customized to business needs – Because it comes in-built with functionality for common processes with scalable capabilities in finance, supply chain management, service and project management, it can be used by any business in any industry. One solution suffices to manage an enterprises’ business using analytics and MS’s expertise in intelligence technologies.
• Offers compliance capabilities – With significant emphasis on data protection, security management and anti-phishing threats, the solution is designed with built-in capabilities including strong compliance features with the General Data Protection Regulation (GDPR).

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