Thought Leadership: ERP

Unlocking Productivity and Uplifting Efficiency with Microsoft Dynamics 365 Business Central

February 28, 2023 - by Angna Thakkar

Microsoft Dynamics 365 Business Central holds the key to unlocking efficiency and productivity in the workplace. With improved processes at the forefront of business objectives, Dynamics 365 Business Central is the necessary solution for automating and streamlining operations.

Digitization has taken hold of our day-to-day lives and businesses. The technologies we now have access to allow us to flourish like never before — when understood and used properly. While this may be overwhelming at times, it should be looked at in a positive light.

Business Central has the power to bring the dynamism of the digital world to businesses to better manage everyday activity and leverage insights. The advanced technology platform aids in automating business functions across finance, inventory, supply chain, production, customer life cycle management, project and service, human capital management, and much more — serving as a unified solution for diverse business operations.

Who Can Benefit From Business Central?

Businesses, from small to large, can elevate their processes through Dynamics 365 Business Central. While small business owners may still be involved in day-to-day operations as they work to get their organization off the ground, they will eventually realize that business procedures tend to become more complex eventually. Those that begin with basic accounting software in their early stages experience excessive burnout over time, thanks to the tediousness of switching back and forth between email, CRM, accounting software, and several other solutions.

The question then becomes, when is the right time to consider converting? When a company is set on accomplishing any of the following, the time to consider implementing Business Central should be immediate:

  • Handling and storing increased transactions and inventory in a database.
  • Defining new processes and allocating team members to execute numerous tasks.
  • Streamlining supply chain management.
  • Tracking turn-around times or other deliverables.
  • Resolving issues related to multiple disconnected systems and soiled or unusable information.
  • Handling security and compliance concerns that prevent the business from moving ahead quickly and positively engaging with customers.
  • Improving productivity loss due to switching between applications or lack of integration.

That said, let’s understand the benefits Dynamics 365 Business Central brings:

Unlocking Productivity and Business Insights

Leveling up with Dynamics 365 Business Central will unlock the productivity needed to achieve business goals when entering any of the above business territories. Business Central creates a streamlined connection between people, processes, and insights — allowing leaders to make educated decisions with better speed and accuracy. The platform’s embedded guidance, dynamic dashboards, and interoperability with Microsoft 365 and Microsoft Teams establish a cohesive workflow and a strong foundation across multi-level organizations.

Optimizing Inventory and Supply Chain Management

Whether business-to-consumer or business-to-business, efficient delivery times are vital to success. The solution understands business models are ever-changing, and its unmatched ability to grow with them ensures dependable transition and maintenance. Dynamics 365 Business Central’s purchasing, manufacturing, inventory, and warehouse intelligence can result in optimization across the board while improving supplier engagement. Business Central also enables improved management to ensure on-time product delivery and customer experience. As a leader in the inventory and supply chain management industries, Business Central paves the way for holistic visibility across multiple channels.

Increased Financial and Business Performance

Every leader strives to increase financial and business performance. The adoption of Dynamics 365 Business Central can accelerate financial close and improve forecasting via financial dashboards developed to better manage cash flow, budgeting, bank reconciliations, and more. Designed to maximize financial visibility and improve reporting capabilities while fostering compliance across subsidiaries, Business Central’s easy-to-use platforms increase expansion opportunities and allow users to take control of their financial data.

Scale Up as You Go

Every organization ultimately has the same goal — to scale up their business successfully as organizational needs grow. Business Central is designed to meet different organizations’ short and long-term needs, enabling them to quickly and seamlessly scale to any size — without interruption. With Dynamics 365 Business Central, decision-makers can do so anytime, anywhere via the Cloud and Microsoft 365’s array of additional applications. Usage can be increased or decreased depending on the need and the system can be adapted to support new and unforeseen market changes, mergers, and more.

Flexibility of Industry-Specific Implementation and Customization

Unsure about whether Dynamics 365 Business Central is the right fit for your company? The versatile solution spans far and wide when it comes to industry-based needs and offers different ways for customization — with little to no coding. From personalizing workspaces to using an array of extensions to suit unique needs — there are several tailored capabilities organizations can choose from to customize and elevate their Business Central experience.

Dynamics 365 Business Central Allows for a Stronger Entrance into the Dynamic World of Technology

Now more than ever, digital transformation is imperative for every organization, and Dynamics 365 Business Central is a strong gateway to reaching those goals for your business. Its diverse capabilities culminate as a single, unified solution for dynamic businesses.

When the time comes to expand and scale your organization, connecting with the right Managed Service Provider (MSP) to adopt Business Central is imperative. Doing so can help you better understand the comprehensive solution’s progressive ability, avoid organizational silos and the rapidity of go-live onboarding, protect data or other purpose-driven features, and much more. With the expertise and experience of the right MSP, you can be sure to successfully implement and fully leverage a cutting-edge solution like Business Central to take your business to the next level.

Original Article posted on BetaNews, Inc.

About the Author

Angna Thakkar

Angna Thakkar

Director, Dynamics ERP

Angna Thakkar serves as the Director of Dynamics ERP at Synoptek and has been with the company since 2006. An Information Technology graduate with over 16 years of experience, Angna's expertise in core technology solutions ranges from Cloud Development, Code Review to Architecture Assessment to Data Analytics and more. She has background in managing and executing critical and challenging Microsoft Dynamics projects, enabling digital transformation for the era of an intelligent cloud and edge services and helps customers on their digital transformation journey with the assistance of Dynamics 365, F&SCM and BC (next generation of business apps in the cloud).