There are hundreds of different Enterprise Resource Planning (ERP) systems available in today’s marketplace. Microsoft, as one of the top providers of software in the world, is a leading provider of ERP systems and Microsoft Dynamics 365 Business Central is the jewel in its crown when it comes to all-in-one business management solutions for the small to medium-sized business. If you find yourself asking why should I move to Business Central, here are our top ten reasons why it outshines other ERPs.
1. Seamless integration
Business Central is an all-in-one business management tool that connects sales, service, finance, and operations teams to help them adapt faster and deliver results. Moreover, as part of the Microsoft family, it also connects seamlessly with other Microsoft products, such as Office 365 and Microsoft Azure. As a result, Business Central allows individual teams to work together collaboratively and to use other Microsoft products without leaving Business Central, thus leading to greater streamlining of business processes and increased business efficiency.
2. Effective automation
Many businesses are looking for an ERP that provides the ability to automate repeatable business tasks, such as payroll, order processing, invoicing, reporting and more. This level of automation minimises the time spent on manual data entry, reduces errors and allows employees more time to focus on value-added tasks. If you move to Business Central – your organisation would have this ability. It will equip your team with secure, automation tools that make ordering, selling, invoicing, and reporting easier and faster.
3. Real-time reporting
The benefits of an ERP system that can deliver real-time reporting are well-documented: better business decisions, smoother company operations and improved customer experiences being just three of these benefits. An integral component of Business Central is Power BI, Microsoft’s business intelligence and report application. Power BI gives you and your business actionable insights into your data and, as a result, helps you make informed decisions fast – and plan confidently for what’s next.
4. Tracking and visibility
A powerful feature of any good ERP system is the one that allow businesses to track, surface and understand business metrics. One of the ways that moving to Business Central allows you to do this is through its Essential Business Insights extension. Business Insights finds interesting business facts in your company data and displays them as newspaper-like headlines in the relevant Role Centre. By doing this, Business Central uncovers valuable information and data to the users which may have otherwise gone unnoticed.
5. Cloud-based solution
Cloud-based ERP systems are the way of the future. (click here for our Knowledge Leadership article on Cloud Computing). The benefits are numerous: improved security, lack of in-house requirements for physical servers, 24/7 from anywhere and always up to date. When you move to Business Central it is available to all customers in a Software as a Service (SaaS) format. It is hosted on the Microsoft Public Cloud, accessible from anywhere with a web client, automatically updated and kept safe through Microsoft online security protocols.
Financial compliance is essential for any business and a crucial component in most ERP systems. With Business Central you can be assured that it contains the functionality and is built on a platform that makes it easy for customers to comply with compliance and regulatory legislation. Business Central supports GDPR, includes Making Tax Digital [HMRC link as an external link} functionality/extensions and complies with relevant national and international financial standards.
7. First-rate intuitiveness
ERP systems that make good use of artificial intelligence to enhance system intuitiveness are now highly sought after in the marketplace. Microsoft Business Central, with its Azure Machine Learning and Power BI, is just such a system. Your team will gain valuable insights into customer communications, transactions, and other pertinent data on a customisable dashboard that can be made relevant to each specific user. The resulting accurate predictions and inferences will allow you to anticipate client needs, streamline operations and reduce costs.
Software scalability is a system’s ability to keep pace with your business growth. This means that your ERP system should be able to grow as you grow, be able to handle increases in transactional volume, workload, and amount of data. This is one of Business Central’s real strengths. With a monthly subscription fee, you can easily add or remove users as needed. It has extensive functionality that grows with you as your business grows, you can add multi-company or multi-currency options too and creating consolidated companies is very straightforward.
As well as looking for a scalable ERP, businesses often require an ERP that is extendable; one that includes additional modules to meet wider business needs. Business Central has just such functionality. As well as Finance Management functionality, Business Central also has modules to help with Sales Management, Supply Chain Management, Project Management, Service Management, Warehouse Management and Manufacturing.
10. Comprehensive customer support system
Excellent customer service and support before, during and following implementation is vital for a successful ERP implementation project. And this is where Business Central excels. Through a network of delivery partners, such as TVision (who is a UK based Microsoft Gold Partner established over 20 years ago), when you move to Business Central you get first rate customer service and support to all ERP customers. Our team at TVision take real pleasure in working with our clients to develop, implement and support the best possible ERP solution to solve their business challenges [blog link to business challenges], and it’s this enthusiasm for our work which sees us keep our relationships with clients long after the initial implementation is complete.
If you want to know more about moving to Microsoft Business Central and how TVision could help you, please feel free to contact us to arrange a demo to see how it could be the perfect ERP to help you overcome your business challenges.