Microsoft Dynamics 365 Business Central is an all-in-one ERP solution for small and medium-sized businesses. Designed closely with Dynamics NAV, Business Central features almost the same functionality as that of Navision and has often been called “NAV in the cloud”. This ERP solution works on one common data model and seamlessly connects your entire business for better control and visibility. By bringing the full power of NAV to the cloud, D365 Business Central has been serving 160,000 customers and millions of users worldwide.
Dynamics 365 Business Central unifies your business to boost operational efficiency by automating tasks and workflows. With integrated office tools such as Outlook, Word, and Excel, Dynamics 365 Business Central enables you to conduct business without silos. As an intelligent ERP solution, it also offers you useful business insights based on which you can make informed decisions. As a very highly scalable ERP solution, it is built to evolve. You get the flexibility to extend the functionality of Dynamics 365 Business Central as per the changing business needs.
Dynamics 365 Business Central Core Functionalities
Microsoft Dynamics 365 Business Central comes in three types of licenses which are Team Member, Essential, and Premium. Based on the license type, you will get the functionality. However, Premium license includes more capabilities than the Essential.
Modules included in Essential are listed below:-
Financial Management:- Dynamics 365 Business Central features a range of financial management capabilities such as general ledger, workflows and audit trails, bank management, budgets, deferrals, bank reconciliation, dimensions, fixed assets, and currencies.
Customer Relationship Management:- Dynamics 365 Business Central offers limited CRM functionality that enables businesses to organize and optimize their sales efforts. D365 Business Central features contact management with which users can record and manage contact information for all their business relationships. Furthermore, users can segment these contacts for target marketing campaigns. The centralized database enables sales teams to see opportunities in the pipeline while allowing them to understand where they should focus their efforts. In-built outlook client integration enables users to sync information such as inventory levels and sales orders with their customer-facing operations.
Supply Chain Management:- With the help of Business Central, organizations can keep track of their supply chain cycle. The supply chain management modules enable companies to manage orders and oversee inventory, to getting products where they need to go. From processing sales orders to post and manage transactions and receivables, all can be done through Business Central. In nutshell, we can say that Dynamics 365 Business Central helps in inventory and purchasing control, shipment and distribution, returns and cancellations, & procurement and vendor management.
Project Management:- Dynamics 365 Business Central helps you to manage resources, estimates, jobs and time sheets. With project service automation, you can configure jobs, schedule resources, manage budgets and monitor progress. By monitoring and analyzing resources, you can easily track the project status.
Human Resource:- You can easily keep the details of the employee records such as contacts, qualifications, and contract information. Furthermore, codes can be allocated to employee records to enable managers to group and track employee information based on key performance indicators like experience, skill sets, training, and union membership.
Modules included in Premium are listed below:-
All features of Essential alongside
Service Order Management:- This module helps companies to render excellent service to their customers to boost customer satisfaction and brand loyalty in that process. The organization can track their service management operations, from processing orders to issuing contracts, and managing technicians with the help of this module.
Manufacturing:- Users from the manufacturing industry can production orders, produce and manage alternative versions of production bill of materials, and outsource operations within a production order to subcontractors. Users can also control capacity levels to ensure the efficiency level.
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