What is Business Central Premium?
There’s no doubt that Dynamics 365 Business Central can level up the way you run your business from managing inventory to financial reporting there’s so much that this features-rich solution can do to advance your business.
However, we get a lot of questions like,
“Hey, there are two options in Dynamics 365 Business Central, right? Which one do I choose?
What is the difference between Business Central Premium and Business Central Essentials?
“So, after all, what is Dynamics 365 Business Central Premium?”
“Are there any major changes in Dynamics 365 Business Central Premium when compared to the Essentials Edition?”
And questions like this are common when you are about to take a technological plunge that will overall impact your company’s growth, in positive ways of course.
In this blog, we’ve explained the Dynamics 365 Business Central features and capabilities of What is Business Central Premium? Read ahead and tick off all the doubts, one by one, that have been wavering in your minds.
What does Microsoft Dynamics 365 Business Central Premium do?
With over 140,000 customers and millions of users, Business Central is a flexible and adaptable solution that meets all your needs such as financial management, supply chain management, manufacturing management, project and service management. These are the modules that are currently available, which provide umpteen benefits:
- Financial Management
- Customer Relationship Management
- Project Management
- Supply Chain Management
- Human Resources Management
- Warehouse Management
- Manufacturing
- Service Order Management
What makes it different from Microsoft Dynamics 365 Business Central Essentials?
Continue reading to assess how this extremely powerful tool can help a wide range of industries with its multiple languages, multiple modules, and what makes it different from Microsoft Dynamics 365 Business Central Essentials?
1. Financial Management
Solid financial management enables business owners and decision-makers with data that supports the creation of a long-range vision, informed decisions on where to invest, and gives insights on how to fund those investments, profitability, cash runway, and more.
When you use Dynamics 365 Business Central Premium, you get modules that are added with budgeting, basic general ledger, bank account reconciliation, and more that help your company manage its finance every step along the way.
2. Customer Relationship Management
Combining customer data with CRM data helps in increasing customer-facet with centralized data. By doing this you can see the interaction of a customer with your brand and give you insights into who they are. Easily re-reach customers and induce potential customers on choosing you.
Opting for Business Central Premium makes it easy for companies to manage contacts, campaigns to elevate brand presence, and overall relationships with all buyers to increase customer retention.
3. Project Management
Without a strong Project Management, what holds the team and client together? And without it who is left to navigate through the ups and downs? When projects are managed without any frictions, the impact is positive which reverberates throughout the company.
Get beyond time sheets and job quotes with Microsoft Business Central Premium. And do so much more. Everything you need to manage individual projects and gain insights into what’s happening in one particular department find it all out here!
4. Supply Chain Management
Effective supply chain management provides real-time improvement to your customer service. Because supply chain management processes here ensure the correct quantity of the correct items will be delivered in a timely manner.
Wait, that’s not it — Increase in customer satisfaction too!
Implementing Dynamics 365 Business Central Premium, employees can manage both buying and selling related invoices, basic inventory budgets, and more that can be facilitated for the proper supply chain management.
5. Human Resources Management
Human Resource personnel play a key role in the success of any business and help organization-related people in carrying out a broad range of tasks. From recruitment of the right employees to grow the company and training them to be the best fits there’s a lot that happens.
HR can manage and take care of employees so much better when a robust Human Resources Management that comes with Dynamics 365 Business Central Premium, offers support, assistance, and a helping hand to every one part of the company at all times when there is a need.
6. Warehouse Management
A well-structured and designed warehouse management system compressed operating expenses in varied ways. And shows us the most effective use of labor and space, thereby saving up lots of time. Also, can be instrumental to provide forecasts which are used to generate optimal inventory levels to meet the market demands.
With data capture systems and multiple warehouse management loaded in Microsoft Dynamics 365 Business Central Premium, the job has never been this hassle-free and convenient.
7. Manufacturing
What manufacturing techniques have worked well for your business? What challenges have you had to overcome? This task is easier said than done. One misstep here could cost a long way down the line and that is why Dynamics 365 Business Central Premium has included this piping-hot feature that lets you manage all the aspects of manufacturing from one place — which includes demand forecasting, production schedules, basic supply planning, and more to ensure the mill keeps running.
8. Service Order Management
These days, buyers expect to be informed every step of the way across the buying journey. From the moment an order is made to the second it goes into processing, the entire process needs to be as seamless as possible for the customer.
With a quick and seamless order management system that comes with Dynamics 365 Business Central Premium, you can manage every order that comes your way, product management in an organized way, and planning your dispatch module also.
What types of businesses would benefit from Microsoft Dynamics 365 Business Central Premium?
More practically, the role of Dynamics 365 Business Central Premium in the areas revolves around planning and forecasting, and controlling finance. And aren’t those exactly what is required to take care of the end-to-end running of the business without any silos.
Business in the manufacturing industry can benefit big time by choosing this. An effective manufacturing process allows you to scale down supply without worrying about meeting sudden demand increases. And implementing a fast and dependable manufacturing process is important for innovation to be achieved.
Ensure real-time visibility into the complete operation of a company while facilitating day-to-day operations with Dynamics 365 Business Central Premium.
Want to upscale your business with this powerful solution? We’ve helped major brands achieve this. And you are not far behind. Get in touch.
