Previously code-named as “Tenerife”, Business Central is the new version of Microsoft Dynamics 365 for Finance and Operations. Business Central brings the full power of Microsoft Dynamics NAV to the cloud. Microsoft Dynamics Business Central is a powerful all-in-one enterprise management solution that can boost organizational efficiencies by automating tasks and streamlining workflows. Microsoft Dynamics Business Central allows companies to manage their business including finance and operations from a single platform. Microsoft Dynamics Business Central is fast to implement, easy to configure, simple to use and can be tailored to meet your unique business or industry-specific needs. As of October 2018, Business Central is generally available in 19 countries and has been serving 160,000 customers and millions of users.
Dynamics 365 Business Central offers the same standard functionality as you get with Dynamics NAV and, at times, has also been called as “NAV in the cloud”. The functionality of Microsoft Business Central is divided into two “packages” i.e. Essentials and Premium. The “Essential” corresponds to NAV “Starter Pack” while “Premium” corresponds to NAV “Extended Pack”. The extensions developed by ISV (Independent software vendor) partners can be installed in Business Central directly from Microsoft App Source. The same functionality is not available with Dynamics NAV.
Microsoft Dynamics Business Central enables organizations to unify their business with negligible infrastructure while offering larger accessibility. Through the following points, we can understand it better: