What’s the Microsoft Business Central ERP Hype?

No doubt you’ve heard of “Microsoft Dynamics” or “Business Central” in a conversation about business management or ERP solutions. However, while the names may sound familiar, not everyone truly understands what this flexible cloud ERP product encompasses or the transformative impact it can have on a business. Before we can delve into the specifics of Microsoft Dynamics 365 Business Central, it’s essential to grasp the concept of ERP and why it serves as the backbone for modern business management systems.

What is an ERP?

An ERP (enterprise resource planning) is a management system comprised of different programs, software, and technologies that automate and streamline business processes. Essentially, it’s a business management program that helps you better run your business. 

From monitoring cash flow and overseeing raw materials to managing productivity, sales, and payroll, a well-implemented ERP offers real-time insights and robust oversight. While many ERP solutions promise these benefits, not all deliver on their promises.

ERP isn’t just another acronym in the tech world; it represents a comprehensive approach to integrating various business processes, data, and functionalities into a unified platform.

Of this entire product line, Dynamics 365 Business Central is the ERP designed for small and medium-sized businesses. It serves many different sectors, including fintech, retail and eCommerce, government and public agencies, manufacturing, and the service industry. 

Key Features of Dynamics 365 Business Central

Navigating the modern business landscape requires agility, adaptability, and advanced tools to stay ahead. Microsoft Dynamics 365 Business Central emerges as a comprehensive solution designed to empower businesses with the capabilities they need to thrive in today’s competitive environment.

With it, you can: 

• Work wherever your business takes you, with full capabilities on desktop, tablet, or mobile, on-premises or in the cloud, across Windows, Android, and iOS devices. 
• Remove organizational silos with one comprehensive solution that runs where you need it, offering the same user experience and rapid deployment, go-live, and onboarding in the cloud or on-premises. 
• Scale and perform as you grow using modern technologies built on the Microsoft cloud, such as machine learning, IoT, and mixed reality, to help you adapt to market dynamics. 
• Take control of your mission-critical business data and help protect it from unauthorized access with automatic Microsoft datacenter encryption. 
• Get purpose-driven extensions from the Microsoft AppSource business applications marketplace to meet your unique vertical or business-specific requirements, including add-ons built by Tigunia to manage sales tax, Shopify integration, and royalties calculations and payments.
• Better manage your cash flow, bank reconciliations, fixed assets, budgeting, and project costing while shortening cycle times with the late payment-prediction extension. 
• Build better relationships with suppliers and convert the best offers to orders. Ensure compliance with internal and external policies with process governance and approvals. 
• Use the same costing method or different ones for inventory items, and easily move items between locations to control the quantity on hand using cycling counting. 

Keep in mind that this is just a fraction of what Microsoft Dynamics 365 Business Central can do. To dive into the details, download our latest Microsoft Business Central ERP guide below.

The Complexity of ERPs and CRMs

Implementing an ERP or CRM system is a significant undertaking that requires careful planning, expertise, and a deep understanding of both the software’s capabilities and your organization’s needs. These systems are designed to be comprehensive, aiming to integrate and automate various business processes across departments, from finance and operations to sales and customer service. With countless integrations and applications that can be included, it can get even more complicated. 

That’s not to say that it’s impossible to implement either an ERP or CRM on your own, but you can be confident in your system’s implementation when you partner with certified and experienced professionals who exist to help you and your organization thrive. 

Partnering for ERP Success

For more information on Dynamics 365 Business Central and how it can transform your business operations, browse our selection of comprehensive resources or connect with a Tigunia ERP expert today. Whether you’re looking to implement a new ERP system, optimize your existing setup, or explore additional functionalities, our experienced team is here to assist you every step of the way.