Microsoft Dynamics 365 Business Central Key Features

22/03/2018

Last week, Microsoft announced the launch of their new comprehensive ERP and CRM solution, Microsoft Dynamics 365 Business Central, scheduled to be released on 2nd April. With the information that has been released, it is clear to see that Business Central is set to offer a broad range of impressive functionalities that will allow financial and professional service companies to greatly improve their data handling and management processes. Business Central brings the functionality of Dynamics NAV to the cloud, whilst also utilising the power of the cloud-based Microsoft Dynamics 365 CRM.

Below are just a few of the features of Business Central which could transform the way you work.

New User Interface

One of the first things anyone who has used a Microsoft Dynamics product before will notice is that Microsoft has opted for a brand-new user interface (UI) to house Business Central’s new dashboards, tools and features.

This new ‘Graphic Identity’ employed by Business Central is UX-friendly incorporating cleaner and more simplistic display options, as well as easier navigation throughout the application. Intelligent notifications are equally supported to improve end-user experience and boost productivity. Still, despite the new look, the new UI is similar enough to its predecessor to appear familiar to anyone with experience using Microsoft Dynamics 365.

Dynamics 365 Business Central Essentials – £52.79 per user per month

Invoicing Fixed assets
Purchasing Purchasing order management
Opportunity management Resource management
Budgets Workflow
Finance Contact management
Simple inventory Advanced sales (SO)
Advanced inventories (stock) Distribution

Financial Management

As the successor to Dynamics NAV, it makes sense that Business Central incorporates all the familiar ERP functionality users have come to rely on within NAV. However, Business Central goes above and beyond basic ERP functionality, instead offering a potent financial management solution packed with all the features any financial services or professional services company could need in one comprehensive solution. These features include:

Basic General Ledgers Sales Orders / Invoicing
Budgets / Account Schedules Purchasing / Purchase Orders
Deferrals Receiving
Consolidations Fixed Assets
Audit Trails Bank Account Management
Inter-Company Dimensions
Multi-Currency Reconciliations

These key financial functions also present the added benefit of being housed within the cloud-based Microsoft Dynamics 365 CRM, allowing for a far greater degree of access and flexibility when it comes to end-users utilising these tools remotely, or using mobile devices. Business Central is set to become Microsoft’s central cloud-based ERP offering, meaning that this solution and its features are tailored to allow end-users to get the very most out of the Microsoft Cloud and its impressive capabilities to drive their success.

Additional Functions

As well as the key financial and supply chain management functions, Microsoft Dynamics 365 Business Central also offers basic HR, Project Management and Supply Chain Management functionality for those companies who only are looking for a comprehensive solution which also requires very minimal capabilities in these areas.

Dynamics 365 Business Central Premium Modules – £75.40 per user per month

Service Management Manufacturing

As well as the core ‘essential features’ necessary for most ERP functions, for an additional licence cost, Business Central can also offer end-users two additional ‘premium modules’; these provide additional manufacturing and service order management functionality for companies looking for a CRM and ERP solution which can also serve as a comprehensive supply distribution platform, providing warehousing and inventory functions, all within the familiar cloud-based Microsoft Dynamics 365 CRM.

We’re excited to begin providing the impressive new features of Business Central in the solutions we design for our clients. If you think Business Central is exactly the kind of comprehensive solution that your company needs to power its success, contact us at moreinfo@citydynamics.com to arrange a one on one demo.

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