The diversifying landscape of businesses is opening gates to new opportunities, growth, and sustainability. Along with the big enterprises, the small-to-medium businesses are a pivotal player, contributing to the economy, job market, and GDP. According to a recent report by McKinsey & Company, by increasing the productivity of SMEs meaningful results and an increase in GDP can be observed as compared to large companies. This percentage increase is estimated at 5% in developed and 10% in developing economies.
However, there are a lot of issues that might cause them trouble. Running out of capital, fiscal management, unpredicted cash flow, or unmanaged inventories can affect their reputation and position in the market. To ensure unprecedented growth and productivity, all operations must be shifted from manual workflow to a comprehensive solution that handles and streamlines all operations providing a foolproof mechanism.
Dynamics GP is a part of the intelligent business solution suite of Microsoft Dynamics which is made for mid-sized businesses. As an enterprise resource planning solution, it helps manage inventory, finances, and supply chains to streamline processes and increase efficiency. To meet the industry demands, Microsoft produced another compelling ERP solution, Business Central, with improved features and enhanced capabilities to equip your organization with innovation, automation, and intelligence.
This article gives an overview of Microsoft Dynamics 365 Business Central and gives a detailed account of its capabilities that give you a competitive edge. Do you still have confusing thoughts about whether to shift to Business Central from Dynamics GP? Then dive into this blog to explore your answer.
The Cutting-Edge Capabilities of Business Central
SMEs are now opting for automation, innovation, and streamlined approaches for their businesses. Dynamics 365 Business Central is trusted by 30000 SMEs making it a priority choice. According to Forbes, Business Central is the overall best ERP solution in 2024, reflecting its distinctive and diligent capabilities. It seamlessly centralizes different departments like sales, finance, supply chain, and others, providing a holistic view of organization, workflow, and progress. Its adaptability, customization, and user-friendly interface are some of the reasons for its skyrocketing popularity. It is continuously updating and innovating to meet the evolving market trends and deliver the best while giving you administrative, financial, or security constraints. Let us explore the endless features that unlock when you shift to Business Central.
Why Choose D365 Business Central Over Dynamics GP
Business leaders are in a quest to move from better to best but at the same time it is mandatory to convince them that shifting from an existing system to a new one can benefit them and would not waste their resources or risk their data. mentioned below are some compelling reasons to convince you to make the shift to Business Central today.
Cloud-based Solution
Dynamics GP often demands on-premises deployment and installations in terms of infrastructure. On the other hand, Business Central gives a cloud-based deployment which makes it less hectic and gives you flexibility to access it anywhere at any time. The remote feature is a plus point of Business Central over GP, increasing the productivity of your employees as they do not need to commute to get access every time.
Data Protection
Security is no longer limited to a unique username and password. In Business Central layers of extra security are added to keep your data protected. The multi-factor authentication ensures that no intruder or irrelevant person invades your system. Moreover, it only enables users of specific roles and authority to enter a specific module. Even within an organization, not all employees are authorized to access all information, infrastructure, and tools.
Streamlined Transaction Entries
In Dynamics 365, the transaction entries are made and processed in the form of batches. During the process, if the system gets stuck or some error arises, that might result in the slowing down of the system, or in the worst cases you might lose it. Business Central sets this fear aside. Every transaction is entered and processed simultaneously, not in a group so that you do not have to worry about loss of your crucial data.
Flexible to Fit
With evolving market trends and changing demands, organizations need to change their work system, add more add-ons for their functions, and make the system fit its requirements. This was impossible in Dynamics GP. However, Business Central allows you to customize, and make more developments according to your and market needs.
Personalization Features
The first impression is the last, the phrase is still somehow true. Your interface looks impacts users. It can engage or disengage them equally. You can cater to your own personalization choices and make Business Central look the way you like, the way you want. From changing the color palette to personalizing different windows, dropdowns, and systems, you can play around with appearance the way you want to.
Predictive Analytics
Business Central seamlessly integrates with Power BI and enhances your work efficiency by giving you access to real-time insights and dashboards. These analytics represented in the chart and graphs give you an in-depth view of your operations allowing you to improve your sustainability by taking the required measures and taking your enterprise in the right direction according to the market trends. All these functions require some extra effort in Dynamics GP.
Advanced Integration
It is time to expand the horizon of your work ecosystem by equipping your systems with the necessary tools and solutions. All the essentials you need to collaborate with your teams, monitor workflow, or any other task, are integrated into a single platform. You can use your Power BI, Microsoft 365, and other tools seamlessly in Business Central.
Cost Effective Solution
As an on-premises solution, Dynamics GP requires infrastructure which means the allocation of more budget while knowing capital is one of the major challenges for SMEs. On the other hand, Business Central is a cloud-based solution that saves you the cost of infrastructure and its installation. Moreover, the maintenance cost of Business Central is also low, making it friendly for your budget too.
Embrace the Swift Shift to Business Central with Dynamics Solution and Technology
As a small to medium business owner, you need a careful allocation of resources and still make an up-to-date choice to thrive in your business. Business Central provides a cloud-based solution that reduces your costs as compared to on-premises solutions while providing you with features and capabilities that streamline your business process by leveraging the power of intelligence and automation.
Choosing the right implementation partner is as pivotal as choosing the right solution. Dynamics Solution and Technology, as a Gold and Solution partner of Microsoft, has a team of industry experts that can ensure a rightful, smooth, and easy transformation to Business Central. Click here to book your demo and enjoy the upsides of Business Central.