Modern Small and Medium- Sized Businesses (SMBs) work 24/7, and their systems function in the background, even when the employees leave for home. Designed specifically for SMBs, Microsoft Dynamics 365 Business Central cloud ERP (Enterprise Resource Planning) is an ultra- connected software that works all time and every time. Seamless connectivity to Office 365 and other Microsoft Cloud Services makes Business Central the industry’s best ERP for efficiently managing finances, operations, services, sales, and customers at any time and from anywhere. In addition, rich features for project management, manufacturing, warehousing, Human Resource tasks, and document management further expand Business Central’s scope.
Let’s explore what and how of the benefits that business central brings to the industries and enterprises:
Business Central in Finance is an effective financial management tool that allows businesses to improve financial operations, perform a risk analysis, and generate real- time reports with Power BI. The application helps Finance Managers monitor and track critical financial responsibilities and provides a 360- degree view of transactions and cash management while streamlining Accounts Payable and Banking Processes.
- Works well for Medical, Venture Capital, and other Enterprises that need Industry- Specific Software
Business Central in Supply Chain is a powerful and flexible Supply Chain Management solution that minimizes lead- time (the time between the initiation and completion of a production process) and automates order processing. The application enhances customer service efficiencies by allowing order entries directly into Outlook or Dynamics 365 for Sales. The application delivers a complete view of all Supply Chain Management aspects – from inventory levels and expenses to sales and profitability that allows full process control, ensures informed decisions, and improves business performance.
- Works well for Supply Chain Management, Wholesale, Distribution, Retail, and Manufacturing
Business Central in Manufacturing ensures complete control over manufacturing operations, including bills of material, labor expenses, route supervision, and machine costs, while detailed resource allocations for the work centers help manage production capacity and resource availability. The application enables manufacturers to gain a highly configurable, scalable, and secure platform for managing their core business processes.
- Works well for Manufacturers Looking for Extensive Manufacturing and Supply Chain Management Capabilities
Business Central in Project Management helps elevate project profitability with interactive project progress, cost tracking, better resource allocation, and effective capacity planning. The application allows project managers to create new projects from the home screen while helping process leads view, edit, and/ or delete existing projects. The module also assists in adding users to current processes, assigning processes to other users, and updating the status of an existing task in a project. The ERP also complies with ASC 606 project accounting standards.
- Works well for Software Development, Consulting, Nonprofit Organizations, Project- Based Businesses
Pricing Setup
SaaS (Software as a Service)
Deployed on Microsoft’s cloud, Business Central online includes user support, automatic upgrades, and other helpful features. In addition, businesses can obtain licenses on per user per month model without needing on- site servers.
ON AZURE
Deployed in a private environment on Microsoft’s Azure cloud, licensing options include paying per user per month or an upfront fee. The cloud deployment would include controlled upgrades, additional solutions, and full database access, with additional hosting expenses.
ON- PREMISES
Deployed on- site and integrated with in- house servers, the Business Central On- Premise option is available at a fixed upfront per user license cost with annual renewal fees paid to Microsoft. The price, however, does not include any technical support or platform infrastructure. The on- site implementation Includes controlled upgrades, additional functionalities, and full database access.
Business Central Essentials Vs Premium
The Business Central Essentials and Premium are two main licenses or user types under the ERP.
- Business Central Essentials comprises several modules, “Essential” for managing any business.
- Financial Management
- Supply Chain Management
- Customer Relationship Management
- Project Management
- Warehouse Management
- Human Resources Management
- Business Central Premium is an upgrade from Business Central Essentials and features a couple of additional modules – Service Management and Manufacturing.
Besides, both license types or user types comprises intuitive tools that allow users to manage more dashboards, generate more reports, and ensure better data security (including encryption). The ERP’s integration with Office 365, Dynamics 365, and PowerApps make it ideal for small to large enterprises.
Conclusion
Business Central delivers the best of analytics and forecasting to future proof enterprises. The application promises to revamp enterprises across any domain/ industry with multiple embedded features that boost business performance.
You may bring Business Central’s benefits to your enterprise. However, you need to engage with a certified, experienced Microsoft Service Partner, like Dynamics Square, for a personalized Business Central Trial on a Demo Database.
Experts at Dynamics Square will help system managers familiarize Business Central functionalities, integrations, and tools while making business owners understand how to extract and analyze live insights and leverage those for informed decisions and business success.
