In this ever-evolving business world, small and medium-sized businesses are looking for a one-stop technological solution that will boost their growth and manage their businesses better. Microsoft 365 Business Central is that cloud-based Enterprise Resource Planning (ERP) solution, curated specially for SMBs. It is a game-changer solution for small and medium-sized businesses with its one stop business management features handling everything from finance to sales to service as well as operations. Microsoft 365 Business Central as a dynamic solution is designed with the goal of not just making business operations easier but also offers deep insights for businesses to make even better data driven decisions.
Key features of Microsoft 365 Business Central:
- Financial management– With Business Central, managing your business’s finance becomes stress free. It incorporates tools to manage cash flow, keeps track of expenses, plans budgets while also building reports on overall financial performance metrics such as ROI.
- Customer Relationship Management (CRM)– It offers improved customer relationships by managing customer information from various social media sites such as Facebook and Twitter, other channels such as email marketing campaigns, brochures, flyers, or postcards. Companies can also leverage Business Central to execute lead generation activities such as various marketing campaigns appealing to a certain group of population, for example a specific age group, gender, marital status, occupation, etc.
- Supply Chain Management (SCM)– Business Central’s SCM module helps businesses optimize their inventory levels depending on sales forecast to ensure that companies not only face any shortages in supply chain operations but also have enough stock at hand.
- Human Resource Management– Business Central simplifies the responsibilities of Human Resource department. It manages and takes care of everything including employee performance, regulating expenses management, employee training, analyzing employee performance, reimbursement, tracking attendance and so on.
- Project Management– Business Central offers various Project Management tools for ensuring easy project and task management. Using Project Management tools, you can create a new project, add tasks, allot resources, track your teams’ progress as well as make reports.
- Inventory and Warehouse Management– Inventory and Warehouse Management modules keep track on all inventories such as total purchase order, total sales order, and total number of shipments. Business owners can look at the status of their single or multiple warehouses in real time. Also, you can scan the status for a specific period or for a specific product for an in-depth analysis of business operations.
- Business Intelligence or (BI)– Business Intelligence and Analytics is an advanced tool that offers you deeper insights so that you can make well-informed data driven decisions in the future for maximum success rate. The tool is also used for identifying the gaps or the shortcomings of your business operations that were holding you back. BI and Analytic tools help you understand your customers’ better in terms of their needs and preferences. For example, you can modify your products to meet the customer’s needs or customize the buying method to incorporate discounts to further please your customers.
Is Microsoft Dynamics 365 Business Central a one-stop management solution for SMBs?
Microsoft Dynamics 365 Business Central offers specialized tools that covers your business’s whole management spectrum such as finance, sales, marketing, Customer Relationship, Supple Chain Management, HR, project management, and so much more. Moreover, these advanced tools and technologies are not standardized, they can be customized based on your business’s unique needs. Buy the plan from Wroffy Technologies, a Microsoft authorized partner. Wroffy has been a gold partner of Microsoft for many years now. Our team of professionals are ready to explain more about Microsoft 365 Business Central.
