Dynamics 365 Business Central: Is it worth the switch?
Has your business outgrown your existing accounting systems like QuickBooks, Tally or any other ERP solution? Before I start answering the actual question of this blog, I would like to ask why do we switch to a new business management solution?
Some of the prevalent issues faced by organizations and people with their existing business applications are:- sales solutions, Integration complexity, IT cost, lack of real-time visibility, lack of innovative technology, inflexibility, and non-scalability, etc.
In line with the cloud-first approach, Microsoft introduced Dynamics 365 Business Central to empower Small and Medium businesses (SMBs) to connect and grow their business. The all-in-one business management solution is flexible, adaptable and scalable, enabling businesses to leverage the application to make quick & smart decisions.
Business Central provides both ERP and CRM functionalities in a single platform to SMBs, all closely integrated with Microsoft solution stack of Office 365, Dynamics 365, and Power Platform. Being a cloud-based solution, Business Central enables businesses to start small and scale as they grow. Dynamics 365 Business Central allows customers to take customizations from older versions to new versions, saving time and money. Below are the few key benefits, which will help you understand why Business central is worth the switch?
Business Central is a cloud-based product, thus making the updates automatic and less tedious task for the organizations to keep their solution up to date.
Grow your Business when you want
Design Analytics Reports within Business Central
Manage business at an affordable price
The application is hosted by Microsoft on its public cloud platform Azure. Business Central is based on the extension development model which allows the users to develop and scale your solution as and when you want.
Track and Control budgeting with real-time insights
Business Central connects data across financials, sales, purchase, inventory, operations, and services and allows the users to monitor the status of various projects through real-time insights on project performance status, profitability, and other metrics.
Business Central is closely integrated with Power BI which allows businesses to view, design and edit the Power BI reports within business central. Helping businesses to make informed decisions through inbuilt Power BI dashboards. To know how you can design Power BI reports using Business Central as Data source, Click Here.
Access and Run your business solution from anywhere and anytime
On-premise, cloud, and hybrid are the deployment options offered by Microsoft to run the Business Central solution. Depending upon the business needs and resource availability, organizations can choose the option best suited in their respective scenario. Business Central offers native mobile applications for Android, Windows and iOS operating systems.
Unlike the licensing policies of Microsoft’s previous on premise-based ERP - NAV and AX, subscription model based licensing has been introduced for Business Central wherein the users can deploy this licensing on any of the deployment options - on-premise, cloud or hybrid.
The SAAS based licensing is on a monthly basis which is inclusive of application, hosting and support. No hassle of managing infrastructure, backup, storage etc. with Business Central on Cloud version.
Kindly note that Business Central is only available and implemented by Microsoft certified Business Central Implementation Partners.
With Business Central, Microsoft is empowering SMBs to own an Integrated, adaptable and scalable ERP solution, which mitigates the challenges faced by businesses with their existing infrastructure of disparate applications, high IT cost, unscalable etc. to connect and grow their business.
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