What is Microsoft Dynamics 365 Business Central?

This article is about Microsoft Dynamics 365 Business Central (“D365BC”, “Business Central” or “BC”). It explains what this software is and why companies choose this software to help manage and grow their business.

 
To learn more about D365BC, including its financial reporting, budgeting and inventory capabilities, the industries and sectors it serves, its license types and their prices; to familiarize with the implementation process and estimate implementation cost, visit the corresponding page or hire a consultant.
 

What is D365BC?
D365BC – is an ERP (enterprise resource planning) system which is a part of Microsoft Dynamics 365 line of products. D365BC helps companies manage their finances, inventory, projects, other aspects of business and is intended predominantly for small to mid-size companies. The software includes the following modules:
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✓ Advanced Financial Reporting;


✓ GL, incl. Journals;


✓ AP, incl. Quotes, Orders, Invoices;


✓ AR, incl. Quotes, Orders, Invoices;


✓ Cash Management, incl. multi-currency;


✓ Cash Flow Forecasting;


✓ Security, incl. Permissions;

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✓ Budgeting;


✓ Intercompany;


✓ Consolidation;


✓ Cost Accounting;


✓ Fixed (Capital) Assets;


✓ Assembly BOMs / Kits;


✓ Employees (HR);

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✓ Inventory;


✓ Warehouse Management;


✓ Jobs (Projects);


✓ Resources;


✓ Time Sheets;


✓ Service Management;


✓ Manufacturing, incl. MPS & MRP.

[/rara_column][/rara_column_wrap]D365BC integrates efficiently with other Microsoft software, including Office 365, Outlook, Dynamics 365 Sales (CRM – customer relationship management), Dataverse (formerly, Common Data Service or CDS), Power Platform (Power BI, Power Apps, Power Automate, Power Virtual Agents) and other Cloud and on premises products and services. Due to the open API, D365BC can also integrate with non-Microsoft software, including industry-specific programs, social media and payroll systems.

Importantly, D365BC user interface is highly flexible which means that users can organize their pages and the elements on the pages the way they prefer (e.g. columns can be moved around, expanded or hidden) which results in more convenient and accurate work. Administrators can modify page views (along with Permissions, if necessary) for individual users or groups of users to assist them.

The ERP features that users find useful include: automatic approval emails, EFT (ACH), image analysis (artificial intelligence), OCR (optical character recognition), inventory forecasting, etc. all of which contribute to users’ efficiency and effectiveness.

A lot of companies whose needs have grown beyond their existing ERP system have successfully moved on to D365BC from: Microsoft Dynamics GP, Intuit QuickBooks, Sage, Excel, Access, Microsoft Dynamics NAV, Microsoft Dynamics 365 Finance / Dynamics 365 Supply Chain Managementand other systems. The businesses that have already successfully adopted D365BC belong to different industries and sectors.

Why D365BC?
The reasons why companies choose D365BC include:

1. low upfront and maintenance cost: implementations by Edocation start from $0 (see the packages below);
2. efficient and effective reporting – this can mean saving costs and increasing revenue due to informed management, inventory and other decisions;
3. optimized operations – goods and services can be purchased only and when they are needed; at the same time goods and services can be sold when and where they are requested by customers leading to greater satisfaction from clients and, therefore, more business with them and to who they recommend your goods and services;
4. saving time: first, this means optimizing employees’ time (and, therefore, increasing their satisfaction from their business duties); second time to implement the system is shorter than other ERP systems which means less effort for employees and more savings on implementation consultants’ time;
5. well-rounded ERP solution that provides insights into both finances and operations, etc.

Bottom Line
D365BC is a robust ERP system by Microsoft. Companies wishing to explore if this software is a good fit for them or to get help with their implementation, can contact us for a consultation.