Most of the organizations are adopting “Digital Transformation” to streamline their processes. Selecting the right ERP system for your company can lead to both decreased costs and higher efficiency. However, the wrong choice can result in loses. So, it is very important to select the right ERP solution for your business.
Benefits of using an ERP:-
- Minimize duplication and administration
- Offers greater flexibility
- Provide a better overview and insight of your businesses
- Increase your productivity
There are also certain disadvantages associated with ERP:-
- As data is collected at one place with ERP, it is more vulnerable to hackers.
- Another disadvantage is that it needs to be updated over time. So, it is recommended that you should choose an ERP system that is easy to implement new changes.
What You Should Look While Choosing An ERP?
- Does an ERP System Meet Your Business Requirements?
- What are the modules available?
- Should an ERP system be developed cater to small and medium-sized businesses or only large companies?
- How much does the ERP system cost – both in implementation and maintenance?
Microsoft Business Central – Enabling Businesses To Streamline Their Processes
Microsoft Business Central is one such application that has helped countless companies to streamline operations while reducing operational cost. Business Central is an all-in-one business management solution that connects your business while streamlining processes across financial accounting, operations, sales and customer services.
Let’s take a closer look to understand why enterprises should trust Business Central.
Customization:- With all the productivity tools available that are necessary for enterprises, Business Central also allows adding custom features that meet your specific needs.
Dynamics Business Central enables organizations to add unlimited dimensions to any ledger for more advanced analysis. The functionality extension can be achieved by leveraging pre-built apps that are available through App Source. Unlike other ERPs, Business Central is built on a single platform, making it easier to upgrade.
Flexibility:- With cloud deployment, Business Central enables enterprises to store information at a single location without the use of a server or database, making data more accessible while giving you complete control on how to store information.
Scalable:- Business Central is highly scalable, making it highly suitable for small- and medium-sized businesses. With this, they get the flexibility to pay for the modules which they actually need.
Familiarity:- With familiar office tools, Dynamics Business Central is quick to adopt and doesn’t require a lengthy learning curve.
Compliance:- Business Central is highly suitable for businesses with a global presence. Dynamics 365 Business Central enables businesses to adjust the settings so that data is gathered and stored in ways that conform to local regulations. Furthermore, it makes reporting in other languages and currencies easier, reducing confusion while conducting business in other locations.
Connectivity:- With built-in intelligence apps, Business Central allows organizations to gather, store, and share data within the organization, enabling you to identify key issues without relying on other staff to collect reports from different departments at separate times.
Industry Specific:- Dynamics 365 Business Central features industry-specific tools that allow users to adapt the system so that it fits to your specific business needs. For instance, if you’re wholesale distributor then you need to accurately track and control everything from shipments to spending alongside pre and post cost calculation, order processing, distribution and quality management.
Business Central with its familiar and intuitive interface helps you in providing better control and visibility of business, thus contributing towards high business growth.