9 Business Ability of Microsoft Dynamics 365 Business Central
In 2016 Microsoft released the Dynamics 365, which is an Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) application. Being a cloud-based application it offers a host of services to its users helping them to grow their business. This enterprise software a package has Power BI reporting function and has the option of adding new functionalities and apps, as they require them. It is based on Microsoft’s own cloud-computing software Azure that has data centers around the world. This means a business owner or a user can access Dynamics 365 from anywhere if they have an internet connection.
Several functionalities of Dynamics 365 Business Central that integrates Microsoft products like Outlook and Office 365 along with third-party programs have made the product very lucrative for business owners.
In this article, we will look into 9 business abilities of Microsoft Dynamics 365 Business Central that makes the product so viable in the market across the industries irrespective of the business sizes.
1. Enhance Financial Visibility by
- Making an informed decision
from the data, you receive across your business from sales, purchasing,
accounts, inventory and customer transactions.
- Charting in real-time the financial
performance of your company with the built-in Power BI dashboards.
- Maintaining compliance with
quick yet accurate and streamlined accounts for both payable and receivable,
thus accelerating the financials.
- Improving the forecast accuracy with the help of comprehensive data and analysis.
2. Optimizing the Supply Chain by
- Predicting the time to refill
the stock by creating automatic purchase orders based on the
built-in-intelligence that can predict the sales forecast as well as
stock-outs.
- Fulfilling the orders on time
with the holistic view of the inventory. With this software, you can track the
transaction and movement of every item.
- Improving the production
schedules by calculating and optimizing the manufacturing capacities and
resources. This will allow you to meet the customer demands better.
- Keeping your inventory stocked
and filled with right orders by automatically getting replacements of out of
stock items.
3. Enhanced Sales and Better Service by
- Prioritizing the sales leads
from your sales cycle based on the guidance of renewals, upsell and
cross-sells.
- Accelerating the sales process
by acting quickly on the quotes of sales inquiries, managing the service
requests as well as payments.
- Understanding the workloads,
employee skills and then assigning them the resources to get better output.
4. Meet the deadlines under the budget by
- Creating, managing, tracking,
the projects, predicting the job costing while modifying and developing it to
control the budget to get the profitability.
- Managing the resource levels by
tracking the invoices of the customers for the planned costs on quotes and
orders.
- Getting real-time insights into the status of the projects and making effective decisions to better profitability.
5. Get Data Protection with GDRP Compliance by
- Setting up the business that
complies with the General Data Protection Regulation (GDRP) by restricting and
granting personal data access to your customers on multiple levels.
Implementing audit trails will allow you to develop accountability while
ensuring security.
- Protecting access of the data
by unauthorized people, which will ensure handling, storing and transmitting of
data securely across the business system.
6. Conduct Your Business From Anywhere by
- Working on-premise, in the
cloud or combining them both, you will receive the uninterrupted and similar
user experience irrespective of where you are using the platform.
- Accessing your business details that is consistent and intuitive across multiple OS systems like iOS, Android and Windows devices.
7. Add On Apps:
- You can make Microsoft Dynamic 365 Business Central perform better by extending its capabilities that can meet the industry needs as well as your unique business requirements. It already has Microsoft and its partner’s pre-built in solutions but you can add third-party apps too.
8. You Get Microsoft Partners’ Packaged
Services
- Even before you can consider the third party and additional apps to meet your business’ enhanced requirements, when you buy Dynamic 365 Business Central you get Microsoft and its partners’ services to help your business flourish.
9. End-to-end service provider
- Microsoft Dynamics 365 Business Central is your end-to-end service provider platform that will help you to build your business and enhance your ROI with its scalable features, artificial intelligence tools, and productivity applicators.
The features that Microsoft Dynamics 365
Business Central offers by combining the wide variety of business process along
with these above mentioned 9 abilities makes the software in demand among
business owners. Being a reliable platform that integrates data and Microsoft
tools makes this a choice for enterprises globally. For Microsoft Dynamics 365 training, please visit https://www.netcomlearning.com/products/1426/Microsoft-Dynamics-365-training.html
So if you are thinking
whether this software is for you, the answer is to decide for yourself after
reading these 9 abilities.
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