Microsoft 365 Business Central Can Drive Business Growth

We all want to increase our revenue. Taking a critical look at your tech stack, especially if you are on a legacy system, is a great first step. Microsoft 365 Business Central, a cloud-based enterprise resource planning (ERP) solution integrates with the Microsoft 365 suite of applications which makes the transition easier on you and your whole organization.

Microsoft 365 Business Central is positioned to help small and medium-sized businesses streamline their processes, improve their productivity, and grow their profits. Let’s explore how.

Microsoft 365 Business Central – Increase Financial Visibility

Get a complete view of your financial performance. From cash flow and budgeting to fixed assets and project costing, you can easily track your income and expenses, monitor your cash flow, and forecast your future needs. You can also use the late payment–prediction extension to identify overdue invoices and collect them.

Business Central gives you the tools to ensure accuracy and compliance by managing your general ledger, accounts payable, accounts receivable, bank reconciliation, and more in one central system. You can also use Business Central to create and analyze your financial statements, budgets, and forecasts. It supports multiple reporting standards, such as GAAP and IFRS, and provides audit trails, and security features.

Microsoft 365 BC – Make Data-Driven Decisions

Upgrade from gut-feel and seat-of-the-pants decision-making to relying on real-time data and insights into your business performance. Even though Business Central is aimed at the small to mid-market, it does NOT lack robust tracking and reporting features that enable you to make informed and strategic decisions. You can use Power BI (Business Intelligence) to create interactive dashboards and reports that show key metrics and trends. You can also use artificial intelligence (AI) to get predictive insights and recommendations that help you optimize your processes and outcomes.

Optimize Your Supply Chain

Business Central can help you optimize your inventory and purchasing processes, reduce costs, and improve customer satisfaction. You can manage your suppliers, orders, and deliveries with ease, and get the best offers from your vendors. You can also set up bins and zones to reflect the layout of your warehouse and implement manufacturing processes according to plan.

Improve Your Sales and Service

Many clients report Business Central helps them to build better relationships with their customers, from lead generation to after-sales support. You can track your customer interactions, get guidance on the best upsell, cross-sell, renewal opportunities, and automate your sales processes. You can also register shipped goods as service items and keep the required details in one place, so you can respond quickly to customer inquiries and issues.

Use Microsoft Dynamics 365 Sales to track your leads, opportunities, and sales activities and with customer service, you are better able to handle your customer inquiries, issues, and feedback. It also enables you to create and send professional invoices, quotes, and orders, and accept online payments. Easily boost your sales revenue and customer loyalty with Business Central.

Work Smarter Across Your Teams

With this modern and intuitive user interface, Business Central is easy to learn and use, and accessible from any device, anywhere, anytime, using a web browser or a mobile app. You can also customize your workspace and workflows to suit your preferences and needs.

Business Central enables you to work smarter across your sales, service, project, and operations teams, with full capabilities on desktop, tablet, or mobile, on premises or in the cloud. You can access business intelligence when and where you need it, with real-time dashboards and KPIs (key performance indicators) for each user role. You can also better manage your projects using timesheets and advanced job costing and reporting. With Business Central, you can empower your employees to work more efficiently and collaboratively.

Microsoft 365 Business Central is a powerful and flexible solution that can help you drive your business growth. Whether you want to increase your financial visibility, optimize your supply chain, improve your sales and service, or work smarter across your teams, Business Central can help you achieve your objectives.