Dynamics 365 Business Central took the world by storm in 2018, with global businesses discovering and then flaunting its powerful features. It was then the best example of a digital enterprise resource planning (ERP) tool.
Despite being praised for its ERP tool, Microsoft and other tech developers have introduced further enhancements by releasing apps that can be integrated directly with Business Central, to further improve all users’ Business Central experience.
There is a popular saying that change is the only permanent thing in life. And in the life cycle of business software like an enterprise resource planning (ERP) app, that adage certainly applies. Outdated ERPs are often bad for business — because of their usage limitations, their tendency to be difficult to use daily, and their absence of assurance that they will remain secure in digital-driven business landscape.
Advanced budgeting is smart budgeting — it maximizes all of your business data to enhance your resource allocation processes. This is why many businesses seek enterprise resource planning (ERP) platforms that let them do just that. Fortunately, Microsoft has developed Dynamics 365 Business Central (BC), the most powerful ERP platform today.
Business Central Workflows is an easy way to connect business processes with industry-best practices. In a way, the Workflows module is a platform where instructions for automated commands — such as email, notifications, and approvals — can be assembled.
The Chart of Accounts (COA) on Business Central (BC) is where your company’s general ledger (G/L) accounts are set up and where all the financial results of your business’s transactions are posted. In many ways, it’s like a main financial master record, which is why it’s always a good idea to set it up simply and coherently.
Healthcare companies are always compelled to stay abreast of technological advances in the pursuit of bringing to patients the best possible care they can get. This includes adopting a system that allows them to maximize both their physical and virtual investments for the sake of optimal operations.
Too often, businesses stick to their existing resource management systems out of habit and to avoid the perceived hassles and costs of upgrades. What many managers don’t realize is that they may be wasting resources and earning potential by not shifting to a newer and better enterprise resource planning (ERP) system.
Upgrading or migrating to a new enterprise resource planning (ERP) system goes beyond just picking out software. If you’re serious about cost-efficiency and savings, you’ll need to choose the right ERP partner for deployment and support.
Never blindly dive into such a long-term commitment.
An enterprise resource planning (ERP) system serves as the brainstem of any modern business; through it, your organization’s decision makers can gather data and issue informed directives at the touch of a finger. It's crucial that business leaders keep their ERP systems properly managed and maintained.
Enterprise resource planning (ERP) systems rely on huge blocks of live data to generate accurate reports and perform the right actions. Naturally, it’s important to secure business data. Poor data practices will surely expose a company to regulatory audits, not to mention ruin its reputation and loss of customers and investors.
