Microsoft Dynamics 365 Business Central is loaded with lots of smart features to make your organization modern and enable you to evolve in this age of advanced digital transformation. You should consider partnering with a Dynamics 365 consultant to better understand the pricing, features, and capabilities of Dynamics 365 Business Central. Let’s have a look at the top 5 features of Microsoft Dynamics 365 Business Central: -
1. Financial Management
Dynamics 365 Business Central allows you to connect your organization’s data across accounting, sales, purchasing, inventory, and customer engagements; in short, your whole financial system. With this software in your company, you can easily unify your business, and boost efficiency with workflows and an automated financial management system. The core capabilities included in this feature are general ledger, audit trails, deferrals, bank management, budgets, bank reconciliation, fixed assets, etc. Your Microsoft Dynamics 365 consultant can help you move to Dynamics 365 BC. Thus, you can make informed decisions, improve your analysis based on the integrated data. It will also help you to accelerate your financial close and reporting.
2. Customer Relationship Management
Dynamics 365 Business Central has been essentially built to prioritize your sales in accordance with your organization’s revenue potential. The capabilities included are contacts, campaigns, opportunity management, and built-in integration with the Sales solution. These CRM functionalities will let you quickly respond to any sales-related queries, effectively manage and collate service requests, and smoothly process payments.
3. Operation Management
Operation management is designed to efficiently optimize your operations by leveraging the integrated data. This information will help you forecast the sales to an extent. You will also get a 360-degree view of your inventory and be able to track associated transactions and monitor the logistics. You will be able to significantly reduce waste as you will reach an optimal output level.
4. Project Management
The project management feature comes with capabilities like estimates, jobs, and effective timesheets. You can create, manage, and track any project with ease. With Business Central at your organization, you can make quick and data-oriented decisions backed by real-time insights on the project’s status and related metrics.
5. Supply Chain Management
Built-in intelligence is already enabled in Dynamics 365 Business Central which helps in optimizing inventory by calculating the estimated stock levels, lead times and reorder points. This is done using inherent functionalities like sales order management, basic receivables, purchase order management, locations, item transfers, basic warehousing, etc. You gain a complete view of your supply chain with connected data, business analytics, and supervision and achieve greater outcomes.
Microsoft Dynamics 365 Business Central offers you a unique value by integrating all of the above solutions with other Microsoft cloud services, including Office 365, and it can be easily customized for specific industries with applications like PowerApps, Microsoft Flow, and Power BI.
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