Discover the Benefits of Microsoft Dynamics 365 Business Central | Velosio

When companies are looking for an Enterprise Resource Planning (ERP) solution, they often consider their specific needs, industry, and growth trajectory. An ERP solution should fit with an organization’s long-term goals. But what makes one ERP solution stand out over others?

This blog aims to explore the benefits of Microsoft Dynamics 365 Business Central and provide insights into why it is considered a top contender in the ERP market and how it differentiates itself from other cloud ERP solutions.

While there’s no all-around solution for every business process, ERP technology is getting better and better at connecting processes. Once your processes, systems, and data are connected, you’ll get the business intelligence, acceleration, and adaptability you need to start optimizing your operations.

Here are three ways an ERP system can improve your business:

Drive optimal performance: With AI solutions, you’ll access insights that enhance your decision-making and reveal ways to improve operational performance going forward.
Accelerate operational impact: By connecting processes and data, you’ll bring more visibility and flexibility to your employees, helping them act quickly and deliver more value across the business.
Ensure business agility: Many ERP solutions are built to adapt to your needs and grow with you, helping you proactively prepare for—and readily respond to—any operational disruption or market change.

The Myth: Microsoft Dynamics 365 Business Central is similar to all other cloud ERP solutions

There is a common belief that Microsoft Dynamics 365 Business Central is just another cloud ERP option. But that’s a misconception. Unlike generic cloud ERPs, Dynamics 365 Business Central offers:

Seamless Integration with Microsoft Products: Boost efficiency by working within the familiar Microsoft ecosystem you and your team already use.
Personalized User Experience: Empower your team with role-specific dashboards and views prioritizing what matters to them.

Unveiling the Distinctive Edge of Microsoft Dynamics 365 Business Central

Dynamics 365 Business Central stands out in the cloud-based ERP solutions market with its unique and robust features. Unlike other cloud offerings, it differentiates itself by offering extensive integration options, customizable functionalities, and a design focused on user needs.

Integration with the Microsoft Ecosystem

One of the standout features of Dynamics 365 Business Central is its seamless integration with the broader suite of Microsoft technologies, creating a connected business ecosystem. From Outlook to Excel, Power BI to Teams, the synergy between these applications fosters an environment of productivity and collaboration. This integration extends to Microsoft’s cloud infrastructure, Azure, ensuring a secure and compliant platform that scales with business needs.

Role-Based Views and Dashboards

Dynamics 365 Business Central transcends the one-size-fits-all approach with its role-based views and dashboards. By providing tailored information and tools that align with the specific roles within an organization, it enhances efficiency and decision-making. Sales representatives, financial managers, and operation leaders, among others, receive curated data and insights pertinent to their responsibilities. With dashboards featuring a visual representation of key business metrics, users can quickly understand and act on the information presented.

A Top Contender in ERP Software

Forbes Advisor named Microsoft Dynamics 365 Business Central the “best overall” ERP software in its most recent “Best Cloud ERP Software Of 2024” list. The recognition of Dynamics 365 Business Central as a leader in the ERP game is a testament to its capabilities and customer satisfaction. It’s not just about the features it offers but also about the problems it solves for businesses of various sizes and industries. The platform’s adaptability means it can support a wide range of business processes, from finance and operations to sales and customer service.

Industry-specific Solution

Dynamics 365 Business Central stands out with its robust industry-specific solutions, offering businesses a competitive edge over generic ERP options. This tailored approach is particularly beneficial for companies looking to streamline their operations and enhance efficiency within their unique industry context.

Manufacturing

For manufacturers, Dynamics 365 Business Central provides a comprehensive suite of tools designed to manage production jobs and processes effectively. Features such as bill of materials (BOM) management, production orders, capacity planning, and shop floor control are integral to supporting lean manufacturing principles. Additionally, integration with CAD/CAM software facilitates seamless design-to-production workflows.

Retail

Retailers benefit from Dynamics 365 Business Central’s inventory management capabilities, POS integration flexibility, demand planning, and CRM functionality. These features enable retailers to track sales performance, manage campaigns, and optimize inventory levels to meet consumer demand.

Distribution and Wholesale

Dynamics 365 Business Central excels in supporting distribution and wholesale businesses with complete order management, inventory replenishment, warehouse management, and supply chain operations. Advanced warehousing, bin management, and vendor management are just a few of the functionalities that help streamline these complex processes.

Essential Guide for the Modern Professional Services Firm

Service Industries

Service-oriented businesses can leverage Dynamics 365 Business Central’s service module, which includes service item management, resource allocation, and time tracking. This allows service companies to manage projects efficiently, track billable hours, and allocate resources effectively.

Construction and Engineering

For construction and engineering firms, Dynamics 365 Business Central offers project accounting, job costing, and subcontractor management functionalities. These tools assist in managing complex projects, tracking expenses, and maintaining compliance with industry regulations while analyzing project profitability.

Healthcare

The healthcare industry is increasingly adopting Dynamics 365 Business Central for managing patient records, appointments, and billing processes.

Kidder Mathews Capitalizes on Productivity with Connected Microsoft Ecosystem

Kidder Mathews is the largest independent commercial real estate firm on the West Coast. With over 900 local market specialists and top-producing professionals, Kidder Mathews has 20 offices in Washington, Oregon, California, Nevada, and Arizona.

When Kidder Mathews initially approached Velosio, they had been using the Microsoft Dynamics SL solution on-premises for over 20 years. However, since support for the Dynamics SL solution was being discontinued, their new IT director aimed to transition to the cloud and implement new technology. At that time, Kidder Mathews was dealing with 35,000 transactions in the system each month and over 600 sales transactions, which made the Dynamics SL solution slow and inefficient. Velosio presented Kidder Mathews with a comprehensive solution, which included Dynamics 365 Business Central, Microsoft 365, Power BI for reporting, and Progressus for project accounting. The Kidder Mathews team was impressed with the proposed solution and decided that Velosio was the right partner and Microsoft was the right solution for them.

The Microsoft 365 integration allows Kidder Mathews to boost productivity with Outlook, Word, Excel, and more, with two-way integration between Microsoft 365 and Dynamics 365 Business Central and Progressus for project accounting.

Read the full Kidder Mathews’ case study here.

Take Total Control of Your Business

Microsoft Dynamics 365 Business Central is a comprehensive and adaptable ERP system designed to simplify operations and empower teams. Its seamless integration with Microsoft tools, role-based customization options, and strong industry recognition make it a compelling choice for businesses seeking a unified solution. Contact us today to learn how Dynamics 365 Business Central can help your organization thrive.

Don’t Settle for Generic: Why Dynamics 365 Business Central is Different