What are the Significant Features of Microsoft Dynamics 365 Business Central?

Introduction:

Microsoft Dynamics 365 Business Central is an all-in-one business management solution that comprehensively manages finances, operations, sales, and customer service. In addition, it offers a range of business functionalities and is designed to assimilate with various cloud services.

Features of Microsoft Dynamics 365 Business Central:

Microsoft Dynamics 365 helps increase financial visibility and helps you in making informed decisions. It provides you with connected data across accounting, sales, purchasing, inventory, and customer transactions. With this tool, you can easily chart financial performance in real-time and identify patterns and trends to gain new insights. It boosts your financial close and reporting processes and helps in maintaining compliance with quick, accurate, and streamlined accounts receivable and payable. In addition, it results in improving forecast accuracy and allows you to customize and share reports with seamless Excel integration. Business Central helps you in optimizing your supply chain and predict the optimal time to replenish stock with built-in intelligence.

It provides you with a holistic view of inventory and helps in tracking every item transaction and movement. With this tool, you can also calculate and optimize manufacturing capacity and resources to meet customer demands. MS Dynamics 365 Business Central also helps a business in prioritizing the sales leads as per the revenue potential. It allows you to track your customer interactions and renewal opportunities throughout your sales cycle. Using this tool provides you with a comprehensive overview of your service tasks, workloads, and employee skills. Many institutes provide Microsoft Dynamics 365 Business Central Training in Noida and one can enroll in them to start a career in it. Apart from these, given below are some of the features of Dynamics 365 Business Central.

Financial Management:

It facilitates financial management and provides you with real-time visibility into the performance of your business. Furthermore, it allows you to share your information securely with an accountant. Business Central helps a business in improving its organization’s ability to develop, modify, and control budgets.

Reporting and Analytics:

Business Central allows you to centralize your financial management data. It helps you in making faster, and more informed decisions and even guides you through connected processes, predictive analytics, and real-time data. Furthermore, you can easily track your KPIs by creating your analyses on general ledger data.

Order Processing:

It facilitates order processing and allows you to easily monitor and control your sales order and purchasing process. With this tool, you can easily prevent unnecessary or fraudulent purchases by implementing approvals. Furthermore, it helps a business in staying in control of expenses by implementing advanced workflow and approval structures.

Service Management:

It helps in improving your operational efficiency and provides you with effective contract management and enforces critical processes. This feature extends sales invoicing to include recurring invoicing and service order/invoicing. Furthermore, it facilitates the management of loan items & replacements. To further know about it, one can visit Microsoft Dynamics 365 Business Central Online Training in India.

Sales & Marketing:

This feature allows users to reduce the time from quote to cash by connecting your sales and accounting. It makes it easy to handle multiple ship-to and bill-to addresses per customer, including direct shipment and invoicing addresses. Moreover, it provides you with a complete overview of interactions and helps you in tracking customer status.

Warehouse Management:

Business Central helps in managing warehouses by automating manual tasks and providing clear visibility into business performance. Furthermore, it supports pick-up face replenishment, quality inspection, and cycle counting. It offers a flexible and modular structure that enables the addition of new functionality to match the growth of the business.

Resource & Project Management:

This feature helps in performing common resource & project management tasks. It provides you with all the data necessary to manage budgets and monitor progress. In addition, it allows you to track machine and employee project hours using timesheets. With this feature, you can develop, modify, and control budgets to avoid over-expenditure.