Why Is Microsoft Business Central The Best Option For Your Business?
The Trend Games In ERP Systems
With the business world changing quickly, there are new developments in technologies and practices to adapt to these changing dynamics. There is a constant need to reinvent and reimagine workflow & business operations to stay on top of the game. The inevitable need for online presence is pushing companies to invest in the latest technologies.
One such popular investment is Enterprise Resource Planning [ERP] solutions. In the age of the digital revolution, it has acted as a catalyst for business optimization from top to bottom. This has resulted in most companies implementing an efficient business management system. As per the latest study by Grand View Research, the ERP market stood at a whopping $50.57 billion in 2020. It is expected to have a compound annual growth rate of 10.7% by 2030. And, Microsoft Business Central is a major ERP software your business could leverage!
The Key Player In The SMB Market
Microsoft Business Central is among the key players in the market among other ERP systems. In addition, 2021 marked a watershed year for Microsoft Business Central, with over 1,75,000 companies using it. The popularity is largely due to the changes the company has brought about within it ranging from onboarding to optimization. Besides, the pandemic changed the prominence of on-premise ERP to cloud ERP for this Microsoft software. This has also resulted in companies favoring Microsoft Dynamics and its products.
With a recession looming around the corner companies are looking to cut costs and improve efficiency. Hence, ERP systems like Microsoft Business Central provide the perfect way to do the same. So, what exactly is Microsoft Business Central? How can it be advantageous to your company? Read ahead to find out the potential contributions this Microsoft product can make within the domain of business management.
All About Microsoft Business Central
As you know, ERP systems are the combinations of various integrated modules that help automate and manage any organization’s core business functions. Similarly, Microsoft Business Central is a cloud ERP solution that enables streamlining business management.
It can be used for all kinds of small to large businesses. As an all-in-one solution, Business Central constantly updates to adapt to changing market conditions.
In short, it brings all the best features of Microsoft NAV to cloud-based solutions. Thus, businesses can upgrade from using legacy software to Microsoft Business Central to get a one-stop platform to manage finances, sales, operations, and customer service.
These are the three important ways through which this ERP system supports business:
- Removing Silos: It enhances business communications and automates regular tasks. This helps in increasing efficiency and helps employees handle company data better through Microsoft applications like Outlook and Excel.
- Practical Insights: A clear view of the data across teams helps develop accurate business analytics. It will enable businesses to scale up larger and more quickly. And, of course, Microsoft is the leader in guiding intelligent technologies!
- Ever-evolving Solutions: Microsoft Business Central allows businesses to start operations quickly after implementation. It also adapts to changes in real time and can be easily extended depending on business needs.
To keep up with the changing market needs, Microsoft Business Central has brought about some new features within it, in addition to the prior ones.
Features of Dynamics 365 Business Central
1. Enhanced Desktop Experience
Business Central has updated its previous desktop experience. The latest UI enables users to improve productivity. The layout maximizes screen space and allows easier navigation through the application in its entirety. The high level of customization also allows companies to tailor-make solutions for their unique problems.
2. Easy Availability
Business Central is available for cloud, hybrid, and on-premise deployments. An app called Universal Windows allows users to connect to Business Central. This app is available for download on iOS, Windows, and Android devices.
The new update also offers a filtering feature that enables users to search for records and it shows the lists of primary content relevant to the search. This function enhances communication strategy by allowing you to narrow down your search to specific records.
4. Customization Extensions
In Microsoft Business Central, customization functionality is added as extensions that have different source codes. This allows for easier upgrades and updates to the system without disturbing other aspects of the software.
One of the biggest advantages of Microsoft is its leveraging of MS Power apps, Power Automation, AI, and Machine Learning across its various software. Microsoft uses these to provide actionable insights to optimize business efficiently.
6. Embedded With Power BI
Effective communication between all verticals of various departments in your business is enhanced through the connection between Business Central and Microsoft Power BI. One of the latest improvements includes the automatic deployment of Power BI reports.
7. Changing Permission
This feature allows for efficient customization as per the unique needs of your organization. In the Dynamics 365 version of the Business Central, there exists an option to change permission sets. This allows users to delete or modify users as per the changing business requirements.
MS Dynamics 365 Business Central also allows the incorporation of various applications without any doubt. Moreover, you will also have seamless integration of various Microsoft apps like Excel, PowerPoint, and Outlook into the Business Central software.
At AdCirrus ERP, we assist you with your business requirements without fail. Contact our team experts for on-point and effective consultation before you make a final choice on which ERP system to implement for your SMB business.