As tech companies scramble for market lead, businesses are left with a bigger and better selection of products, and that includes ERP solutions. One of them may have further elevated the Microsoft brand to unreachable heights: the Dynamics 365 Business Central.
The advancements in business strategies and technologies necessitate that chief financial officers (CFOs) adapt to increase revenue, overcome external pressures, and put their business ahead of the curve. This is often easier said than done, but there are a few things CFOs can do to meet the challenges of modern finance.
The year 2018 has been amazing for enterprise resource planning (ERP) software developers, vendors, and users alike. Businesses that implemented an ERP system have realized all the ways it can streamline accounting, reduce costs, and improve decision-making.
The role of the finance department is essential to any enterprise; managing assets such as cash, accounts receivables, and stocks. That’s why any delay, inconsistency, or error in reporting is considered critical. To prevent the business from steering away from their financial KPIs and goals, organizations use financial management systems.
Microsoft hit a homerun when they released Dynamics 365 Business Central earlier this year. This all-in-one, cloud-hosted business solution continues to be the choice enterprise resource planning (ERP) system for countless businesses around the world. If you’re still on the fence about implementing this robust ERP, read along.
Staying competitive in an industry as fast-paced and process-heavy as manufacturing is no cinch. Companies constantly strive to enhance production cycles to increase output in less time. And when the solutions that once supported your operations begin to drag you down, you could face massive problems.
Automation makes use of technology or machines to perform redundant tasks or functions once done by humans thought to be difficult to do.
Today, many industries need to streamline operations and choose the workflows designed to increase efficiency and reduce cost.
The importance of effective budgeting can never be overstated. If funds are used and allocated properly, you can expect improved operational efficiency. This is where Business Central is fundamental. It encompasses all functionality seen in top-notch enterprise resource planning (ERP) solutions, including financial management.
Technology is changing at a rapid pace. Companies are doing everything possible pulling out all the stops to stay ahead of the competition, which is why many have upgraded to a more functional, scalable ERP system.
But before you make that vital decision, it’s a great idea to step back and assess your current system’s performance.
If you’re a process-minded organization that’s constantly looking for new technologies to meet your current and future needs, an enterprise resource planning (ERP) solution is a must-have. Many small- and medium-sized businesses (SMBs), however, are quick to say that deploying such a system is too complicated and disruptive.