Enterprise Resource Planning (ERP) is a system that plays an essential role in increasing efficiency, productivity and competitiveness of organizations. Today’s digitalized business landscape demands robust ERP software to enhance effective planning, marketing, and other business processes.
Gone are the days when only large-scale enterprises leveraged ERP systems. Small and medium-sized enterprises (SMEs) can now invest in low-cost ERP software like Dynamics 365 Business Central. In this post, you will learn the benefits of using this ERP software to meet your business needs.
What is Dynamic 365 Business Central?
Dynamic 365 Business Central is a cloud-based ERP system from Microsoft that offers robust management capabilities. It is designed to help small and midsize businesses grow orderly while optimizing supply chains, manufacturing, services, or project management; managing finances effectively. In other words, the system offers a complete all-in-one solution that can meet all your business needs and grow with you.
You can use it as a stand-alone application or integrate it with other Dynamic 365 solutions, like Microsoft Power Platform and others, if you wish to scale your business further. Dynamic Business Central offers the flexibility of being hosted in the cloud, as a hybrid or on-premises. The cloud version is easy to use. Your team can adapt faster and deliver better results.
Why is Dynamic Business Central to Essential to Small and Medium-sized Businesses
Dynamic 365 Business Central is an ultimate business management solution with rich features, big plans and advanced functionalities. Most small and medium-sized businesses seek easy-to-use, customizable, scalable and affordable ERP systems, and Dynamic 365 has it all. Here are details of why this software is a perfect partner for you.
Business Insights
One of the key benefits of using Microsoft Dynamic Business Central is its analytics and insights. The software comes with a robust ability to gather data from a vast range of sources. It can put all the critical data together and deliver effective business insights.
Dynamic 365 stores data in a centralized place, and it is constantly updated with the latest information in real-time. This allows everyone to easily access information whenever they need it through built-in dashboards. Integrated in real time across sales, finance, accounting, purchasing, and inventory enables a business to make informed decisions while facilitating growth.
Low Cost of Ownership
Small and medium-sized businesses seeking to control their cash flow should consider investing in Business Central. It helps to keep costs low while leveraging all the benefits of a cloud ERP like low infrastructure investment. With Dynamics 365, you will not pay any upgrade or maintenance costs.
Its fixed monthly subscription model means that your costs remain predictable. Unlike most on-premise solutions, you will not need any dedicated IT resources or servers to use Business Central. You can get up and functional in no time.
Meets CRM in One Platform
While Business Central is an ERP solution, it has other capabilities that solidify customer relationships and improve their experiences. The CRM features enable businesses to monitor customer interactions and get insights on cross-sell, up-sell and renewal opportunities during sales cycles.
From this, businesses can develop flexible pricing and discounting structures for individual clients and groups. When it comes to customer experience, the software makes it easy to address after-sale issues and respond to inquiries, and more.
Flexibility and Scalability
Another key benefit of Dynamic 365 ERP is its flexibility. The cloud technology allows easy access to company data by managers and employees. In other words, you can easily run your business from anywhere.
Flexibility is key to keeping your business competitive in the modern world where working remotely is increasingly becoming the new norm. Dynamics 365 is also highly scalable and helps you grow with ease as the needs expand.
Faster Project Management
Besides CRM capabilities, financial and accounting, Business Central offers project management features to help the business deliver on time. When using this software, you can develop, manage and track projects using advanced job costs, timesheets and reporting capabilities. It is also easy to manage resource levels by planning sales and capacity. Lastly, you will get real-time project status and other metrics to enhance profitability.
Data Security
Dynamics 365 Business Central offers high level security to small and medium-sized businesses. This cloud-based solution has in-built features that ensure a company’s data is backed up and
securely stored. You can safeguard your application by utilizing features such as authentication, authorization, auditing and data encryption.
The system also has features that ensure a business is compliant. In case your business is running globally, Business Central allows users to adjust settings. That way, the system collects and stores data in a way that complies with the local laws.
Seamless Integrations
Small and medium-sized businesses using other Microsoft business applications like Office 365 should make Dynamic 365 their next investment. This system seamlessly integrates with other product suites and Microsoft applications seamlessly.
Business apps often use data from more than one source. Dataverse combines data into a single set of logic that makes it easier to connect other Dynamics 365 applications, such as Dynamics 365 Sales or your own application built on top of Dataverse, to Business Central.
Is Dynamics 365 Business Central Good for my Business?
You might be wondering whether the Dynamic 365 system is right for your business. The following questions will help you know whether this software is right for your business.
• Is your business small or mid-sized?
• Have you outgrown your accounting system/software?
• Do you want a reliable data security system?
• Do you need an integrated data solution?
• Do you have many software systems or data silos?
If you are looking for an all-in-one solution for your small or mid-sized business, Dynamics 365 Business Central is all you need.
Find the Best Dynamics Business Central Partner
Are you seeking an effective and low-cost ERP solution for your business or have questions about Dynamic 365? Near Contact got your back. We are a reputable Microsoft Dynamics 365 Business Central Partner with great track record. Our consultants are experienced and ready to offer you full implementation, customization, training and support on Dynamic 365 ERP software.
If you need Nearshore IT services in Mexico, Near Contact is here for you. We are a team of highly-skilled IT professionals who are committed to meeting your company’s IT needs, no matter how challenging they are. Contact us today for more information on how we can help you and your business.
For more information on how Near Contact can help you access the pool of IT skills you need, email us at info@nearcontact.com
About Near Contact
Specializing in digital transformation, software development, and mobile apps, Near Contact attracts and retains the top talent from across Mexico to support US enterprises and service providers. With over 20 years’ experience matching the right talent for each client and project, Near Contact’s flexible, hybrid outsourcing model offers fast access to a highly-skilled, scalable resource pool—delivering your project, your way. www.nearcontact.com
