What is Microsoft Business Central? (Insights/Information)

New Microsoft Business Central Turns Problems Into Profit

By now, it may seem like everything you work with online is in the cloud. Cloud computing is the future of modern business technology and offers a host of advantages over software that is locally hosted. So when it comes to your business management software, there’s no reason that shouldn’t be in the cloud as well. Now, Microsoft is offering Microsoft Business Central as an all-in-one business management solution that is entirely in the cloud.

With Microsoft Business Central, your business can have the same capabilities as Microsoft Dynamic NAV all in a cloud-based environment. But perhaps you’re wondering exactly what benefits Microsoft Business Central can bring to your business. Additionally, you may be worried that you don’t have the IT capacity to handle the onboarding of this new software. We’ll answer both of these questions in this article.

You may be working with any of a number of different business software right now, none of which are getting the job done the way you want it. Maybe you have entry-level accounting software that you want to upgrade to something that is a bit more rigorous, or enterprise resource planning software that is now a legacy, end-of-life product. What you need, and what Microsoft Business Central offers, is a software product that gives you everything you need to manage a business in one package. That includes operations, finances, sales, and customer service in a single business-management solution. With a program like this, you’ll have an end-to-end view of your business, allowing you to regulate everything that you need to keep an eye on in one application.

It’s common for businesses such as yours to feel that you don’t have the IT manpower to support an application like this. That’s where Intelice can help you. As one of the top five Microsoft Dynamics 365 partners in the United States, Intelice provides a complete IT solution for organizations looking to implement Microsoft Dynamics 365 or who are looking for a consulting team to assist with the software. You won’t have to worry about IT struggles after getting yourself set up with Intelice’s complete IT solution. They will design, build, and implement a comprehensive IT structure that will give your company an edge over the competition — including implementation of Microsoft Business Central.

You may be experiencing a number of different issues with your current accounting software that Microsoft Business Central can help you with. Many businesses have these problems with outdated accounting software. It could be that the different systems you have for different departments of your company are siloed, and that data is not easily transferred from one to the other. Your reports could either be too complex to fill out or not give you a good overview of the state of your financials and your business. Your software may rely too heavily on manual processes, which leads to errors or duplications in your processes. You may have even given up on using your financial software for accounting and be using Excel to complete your accounts, leading to business inefficiencies. Finally, you may have a lack of audit trails and workflows that may be exposing your business to unnecessary risk. Microsoft Business Central enables you to solve these problems and more.

There are a number of advantages to your productivity and overall performance that Microsoft Business Central can offer your business. First, we’ll talk about the specific business areas where Microsoft Business Central can give you an increase in capability. The first is financial management. By connecting data from across your business, Microsoft Business Central brings together reports from accounting, sales, and the customer-facing sides of your company. It also makes it easier for you to complete accounting and financial responsibilities, such as automatic account reconciliation and generates the reports that you need quickly and accurately.

Microsoft Business Central also gives you the ability to manage your projects more efficiently than ever before. With Microsoft Business Central, you can use timesheets to manage customer projects by creating and tracking them with the software. It also gives you the capabilities for job costing and reporting analysis that may be more advanced than you’ve ever worked with before, along with the ability to develop and edit your budgets, monitor your invoices, and manage the resources at your disposal all in real-time with the insight functionality.

Another way that Microsoft Business Central can help your company is by increasing your capacity for quality customer service. You can monitor all customer interactions and show your sales team opportunities for upselling, cross-selling, and renewing with the guidance from Microsoft Business Central. This software also gives you the capability to communicate with your customers easily and effectively by responding to their sales inquiries and service requests through Outlook. You’ll also be able to make your supply chain more efficient through intelligence built into the platform and Power BI dashboards that are embedded into the software.

Microsoft Business Central allows you to monitor your inventory remotely and gives you predictions on what to restock, helping you to optimize your inventory levels. The software also provides you with automatic calculations for stock levels, lead times, and reorder points to allow you to capitalize on all sale opportunities, and notifies you when there are issues with your inventory that need your attention, such as issues with overstock or understock.

Finally, you’ll make sure your operations are at their fullest potential with several tools in the application that will allow you to automatically create purchase orders, calculate manufacturing capacity at an optimum level, and improve your production schedules. With an end-to-end view of your business, you’ll be able to make sure that each aspect of your company is optimized and delivering the best results possible. It’s this synergy that will allow you to gain a competitive edge with Microsoft Business Central.

Tired of using a financial system that has no cloud capability and is causing you to lag behind your competitors? Then it’s time for you to contact Intelice about switching to Microsoft Business Central today.

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