Businesses are shifting to cloud-based ERP because that is the need of the hour. For small to mid-sized enterprises, when the market is already very competitive, it is essential to embrace digital transformation. Choosing the right industry-centric solution enables you to deal with challenges, and unforeseen circumstances, and leverage the abilities of automation for the seamless completion of routine operations. Implementing ERP requires realistic decision-making and investment of resources, so it is necessary to choose the right ERP solution as it is a determinant of your enterprise’s future growth. Dynamics 365 Business Central is a go-to preference of SMEs as their ERP solution. Today, around 30,000 SMEs have chosen Business Central to leverage, automate, and streamline their businesses. Business Central is a convergence point for all your business operations including sales, finance, and other services.
With automated and intelligent solutions everywhere, businesses also felt the need to leverage the abilities of artificial intelligence to streamline and speed up their operations. According to the McKinsey Global Survey, the usage of artificial intelligence in business operations is increasing by 25% every year. Executives are finding it a great contributor to increasing their revenue and cutting other costs by 44%. So, this is where Microsoft Copilot for Dynamics 365 steps in to empower your business with AI by creating, automating, and driving your routine as well as sophisticated operations.
This blog delves into the wonders that Dynamics 365 Business Central can do with Copilot. Let us explore the marvels of this automated and intelligent approach.
Empower Your SME with Nexus of Business Central and Copilot
From a small organization to a multinational company offering services across the continents, digital transformation has influenced businesses in all domains. Dynamics 365 Business Central provides a holistic and unified ERP solution for SMEs enabling them to keep up with the pace of evolving and dynamic industries. It supports distribution, manufacturing, and public sector industries but when you decide to leverage the power of Copilot with Business Central, that becomes a win-win strategy for your enterprise because all your operations are AI-assisted now. Whether it is about writing a product description for your online store or running a full-fledged campaign, you can do it now in a few clicks.
Benefits of Using Copilot for Business Central
Using the assistance of Copilot simplifies tasks and increases your productivity. While AI performs tasks like content creation, marketing, and automating your workflows, you can now utilize your time to perform more important tasks. Your work efficiency and accuracy increase by multiple folds, and cherry on time you get a holistic view of your work. Having an insight into analytics, you can make better decisions, and predict any problem or issue before time. The way you can put the combination of Business Central and AI can put anyone in awe. Their functionalities range from using Generative AI to generate content ideas, create content, marketing to promote your products, bank reconciliations, and more. This is all done not with some complex prompts but using natural language. Now, let us dive deep into the wonders happening while using AI for your Business Central.
Leverage AI Abilities for Bank Reconciliation
Data entry and record keeping is a hectic job. Managing finances, cashflows, and interpreting the records with a simple solution is time-consuming and the chances of mistakes are high. Reconciling bank transactions with your record and database every time is essential but also difficult. Business Central allows you to match simple transactions automatically, but you might encounter a complex situation. Copilot takes a more logical approach. It automatically matches the transactions in your Business Central. It deciphers the logic, patterns, and data to give accurate and precise bank reconciliation, saving you time and effort.
AI powered Virtual Assistance
Sometimes we require some important document in a meeting or assisting a customer. You might be unable to find it due to the bulk of documents you have, so here Copilot helps to streamline operations for your Business Central with the conversational chat. Using natural language, you can now sort out queries, find documents, or seek help for anything. It enables you to reclaim time for other tasks while Copilot will perform these tedious operations for you and speed up the entire process. You don’t need to keep track of everything individually. Copilot also allows you to learn new things while working as your guiding assistant if you get confused with anything.
Generative AI and Content Marketing
This video says a lot about the significance of content and marketing for any business. Now, undertaking these operations through manual ways can be time-consuming, and there are chances you might not be able to find the right tone for your target audience. If you are launching a new product, or you are just short on deadlines, Copilot can help you to ensure you complete your target effectively and on time. It analyzes your target audience and asks your choice about the type of content you want, and in a matter of a few seconds, you will have your copy ready, which is good to go and get published with your product. Once done, Business Central Shopify Integration automatically exports the description, along with the product and other information on the website. Now, you can sit back and enjoy your sales going up.
Predict Cashflow and Late Payments
Capital is essential for any business. You need to pay for the raw materials, manufacturing, machinery, warehouses, fleets, marketing, and above all your employees. Without a proper reservoir of capital, it is very hard to keep any business going, or simply you cannot even lay the foundation of a business. Cash flow analysis enables you to evaluate the financial stability of your organization upon which you can make decisions. Just in case you see your financial situation is not going well, you can apply for a loan in time to avoid any sudden loss, allowing your organization to keep functioning smoothly. Similarly, late payment prediction allows you to foresee any delay in outstanding dues and the tentative date they would be paid by enabling you to sustain the financial well-being of your organization.
Dynamics Solution and Technology: Your Solution and Implementation Partner
Step into the world of automated and improved operation where decisions are driven by data with real-time dashboards, ensuring that your sales are accelerated, financial performance boosts, and you provide outclass services to your customers. Dynamics 365 Business Central is a holistic solution for your SMEs, and if you decide to leverage the abilities of AI with Copilot, witness how you elevate your business with optimized management and processes.
Technical and functional experts at Dynamics Solution and Technology are taking organizations to the forefront with robust digital transformation features. As a Gold and Solution partner of Microsoft, we employ sophisticated solutions tailored to your business needs in compliance with your core business values. We deliver success, growth, and agility for organizations across the globe.
Book your demo today with us and cherish the perks of AI and Business Central for your organization.