Dynamics 365 Business Central – Quick Overview

 

Dynamics 365 Business Central—a comprehensive business management solution designed for small to medium-sized businesses. Small to mid-size organizations need a single comprehensive solution that lets them review the overall picture, while managing the day-to-day activities including:

1. Sales and order management.
2. Finance and project operations.
3. Supply chain management.

 

With Dynamics 365 Business Central, small to mid-size organizations can:

1. Increase their overall visibility across all supply chains to gain control over purchasing processes.
2. Maximize their revenue opportunities and serve customers better with built-in recommendations.
3. Manage budgets and monitor progress of projects with real-time data on available resources.
4. Accelerate financial closing and report across any financial or business dimension while ensuring compliance.
5. Streamline manufacturing and warehousing operations to deliver products on time and reduce costs.

 

The following graphic shows the different capabilities Business Central can offer to users.

 

 

 

 

Since every organization is unique, Dynamics 365 Business Central makes it easy for you to use third-party applications. The applications allow industry vertical-specific or targeted functional behaviors to further tailor your business including:

1. Payroll.
2. Banking.
3. eCommerce.
4. A variety of industry-specific solutions.

 

The Microsoft AppSource marketplace makes it easy to discover and select apps to extend and adapt Dynamics 365 Business Central for specific needs.

The key features that Dynamics 365 Business Central offers includes:

• Project management: You can manage the development of new products at the start of the design, build, and sell cycle.
• Operations management: You can control your operations while staying integrated with the rest of your organization.
• Reporting and analytics: You can monitor progress of projects with real-time data on available resources. You can apply this data to any part of your organization, like streamlining manufacturing and warehousing operations to deliver products on time.
• Supply chain management: You can increase visibility across your supply chains to gain greater control over purchasing processes.
• Sales and service management: You can maximize revenue opportunities and serve customers better with built-in recommendations.
• Financial management: You can accelerate financials, manage budgets, and report with accuracy while ensuring compliance.

 

A solution for every department in the organization

Every employee does things depending on their roles. Accountants manage numbers, project managers keep jobs on budget, and sales managers monitor opportunities in the pipeline. When users sign into Dynamics 365 Business Central, they’re taken to a home page for their role. You tailor home pages based on the roles in your organization and give access to the information, KPIs, and tools needed to be efficient in daily work. You can add and change role centers and tailor each center to the role of the intended users. For example, you might create role centers for the organization’s owners, department leads, and information workers.

Role centers in Dynamics 365 Business Central allow access to everyday tools while ensuring that all features are easy to access. All role centers have the same layout, but the tiles displayed in the activity section are different. This role-tailored experience helps users focus on the work that is important to them and increase overall productivity.

Now let’s review how Dynamics 365 Business Central manages the finance functions.

 

Finance

You can improve forecast accuracy, find patterns and trends, and gain new insights to make more informed and targeted decisions. Unlimited financial dimensions give you unmatched flexibility in reporting and analysis. You can review connected accounts and analyze payments, receivables, and cashflow. It allows you to budget and plan, all while staying connected across departments.

 

Supply chain

The Dynamics 365 Business Central supply chain features allow you to predict the best time to replenish stock with built-in intelligence. It gives you an overview of inventory for prompt order fulfillment. You can track item transactions and movement by setting up bins based on warehouse layout and storage unit dimensions.

With the production planner role center, you can review and replenish inventory using automated requisition management. You can use the power of automation to plan for future needs. You can also work with vendors to order, purchase, and receive supplies and materials.

 

From the production planner role center, you can:

1. Predict sales demand for an upcoming period.
2. Plan production levels.
3. Create production orders to satisfy the demand.
4. It uses artificial intelligence to predict optimal inventory levels.

 

Project management

The project manager role center helps you deliver projects on time and on budget. You use it to calculate costing and work-in-progress (WIP) on a project and create analytics for current and future productivity.

 

Sales and service

Dynamics 365 Business Central gives you a boost in sales and service. You can use the power of a connected environment to create, review, and process customer sales orders, and check on customer interactions and act quickly.

 

When to choose Dynamics 365 Business Central over other Dynamics 365 products

Dynamics 365 Business Central is a business management solution built for small and mid-sized organizations. It helps you streamline your processes, make smarter decisions, and accelerate growth.

 

Dynamics 365 Business Central includes finance, manufacturing, sales, shipping, project management, services, and more. Dynamics 365 delivers similar functionality; however, we designed these products for larger organizations.

Customers with one or more of the following attributes should explore Dynamics 365 Finance and Dynamics 365 Supply Chain Management:

• Greater than 200 hundred users.
• Advanced levels of functional separation and process complexity.
• A requirement to manage and consolidate inter-company transactions across geographies within a single database.
• Sarbanes-Oxley compliance and other country/region-specific or industry-specific regulatory compliance requirements.

 

Get In Touch