Dynamics 365 Business Central - Advantages & Capabilities

ADVANTAGES — DYNAMICS 365 BUSINESS CENTRAL

  • Business without silos—connecting businesses and boosting efficiency with automated tasks and workflows, all within the familiar Microsoft interface of applications such as Word, Outlook and Excel.
  • Actionable insights—achieving more and gaining a complete view of the business with connected data, business analytics and guidance delivered by Microsoft’s leading intelligent technologies.
  • Solutions built to evolve—get started quickly, growing and adapting in real time with a flexible platform that makes it easy to extend beyond Business Central based on evolving business needs.
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CAPABILITIES — DYNAMICS 365 BUSINESS CENTRAL

Financial Management

  • General Ledger—Set up a company and start posting to the general ledger, chart of accounts, general journals, VAT facilities, recurring journals and source codes.
  • Budgets—Work with budgets in general ledger accounts.
  • Deferrals—Set up deferral templates that automate the process of deferring revenues and expenses over a pre-defined schedule.
  • Fixed Assets—Keep track of fixed assets and related transactions such as acquisitions, depreciations, write-downs, appreciations and disposals.
  • Audit Trails—The system automatically assigns audit trails and posting descriptions to every transaction. In addition, users can define reason codes to create complementary audit trails.
  • Bank Account Management—Create, operate and manage multiple bank accounts for catering to your diverse business needs and across different currencies.
  • Reconciliation—Reconcile your bank statement data automatically to open bank account ledger entries and keep track of all your bank statements
  • Dimensions—Add unlimited dimensions to any ledger for advanced transaction analyses.
  • Currencies—Manage multiple currencies throughout the system, including payables and receivables, general ledger reports, resource and inventory items and bank accounts.

Manufacturing

  • Production Orders—Create and manage production orders and post consumption and output to the production orders.
  • Version Management—Create and manage different versions of the manufacturing bill of materials and routings.
  • Agile Manufacturing—Plan rush hours, make exceptions and handle last-minute changes to your processes with multiple planning options.
  • Supply Planning—Plan for material requirements based on demand, with support for master production scheduling and material requirements planning.
  • Demand Forecasting—Plan and create production and purchase orders, taking into consideration the demand forecast together with the level of available inventory and parameters of requirement planning.
  • Capacity Planning—Add capacities to the manufacturing process. Set up routings and use these routings on production orders and in material requirements planning.
  • Machine Centers—Manage capacity on several levels; on a more detailed level for machine centres and on a consolidated level for work centres.
  • Finite Loading—Take capacity constraints into account so that no more work is assigned to a work centre than the capacities can be expected to execute during a given time period.
 

Customer Relationship Management

  • Contacts—Maintain an overview of your contacts and record your contact information for all business relationships.
  • Campaigns—Organise campaigns based on segments of your contacts that you define.
  • Opportunity Management—Keep track of sales opportunities, section your sales processes into different stages and use this information to manage your sales opportunities.
  • Dynamics 365 for Sales Integration—Integrate with Dynamics 365 for Sales in a few easy steps to synchronise your data, including sales orders, item availability, units of measure, and currencies.

Human Resources

  • Employees—Group and track employee information and organize employee data according to different types of information, such as experience, skills, education, training and union membership.
  • Expense Management—Post expenses against employee cards to track and reimburse their expenses.
 

Supply Chain Management

  • Sales Order Management—Manage sales orders, blanket sales orders and sales order processes.
  • Receivables—Post sales transactions in journals and manage receivables; register customers and manage receivables using journals
  • Purchase Order Management—Manage purchases, blanket orders and purchase order processes.
  • Locations—Manage inventory in multiple locations that may represent a production plant, distribution centre, warehouse, showroom, retail outlet or service car.
  • Item Transfers—Track inventory as it’s moved from one location to another and account for the value of inventory in transit at various locations.
  • Warehousing—Manage items on a bin level. Pick and put away items in a bin and move items between bins using a report that optimises space using picking processes.

Project Management

  • Resources—Register and sell resources, combine related resources into one resource group or track individual resources.
  • Estimates—Monitor resource usage and get a complete overview of your capacity for each resource with information about availability and planned costs on orders and quotes.
  • Jobs—Keep track of usage on jobs and data for invoicing the customer. Manage both fixed-price jobs and time-and-materials jobs.
  • Time Sheets—Time sheets are a simple and flexible solution for time registration with manager approval and integrate with Service, Jobs and Basic Resources.
 

Service Order Management

  • Service Orders—Register your after-sales issues including service requests, services due, service orders and repair requests.
  • Service Price Management—Set up, maintain and monitor your service prices.
  • Service Item Management—Record and keep track of all your service items, including contract information, component management and BOM reference and warranty information.
  • Service Contract Management—Record details on service levels, response times and discount levels, as well as on the service history of each contract, including used service items, parts and labour hours.
  • Planning—Assign personnel to work orders and log details such as work order handling and work order status.
  • Dispatching—Manage service personnel and field technician information and filter according to availability, skills and stock items.

Other

  • Multiple Languages—Switch languages on the client in real time, provided that the desired language is available.
  • Reason Codes—Define a set of reason codes that can be assigned to individual transactions throughout the system, providing user-defined audit trails.
  • Extended Text—Set up an unlimited number of lines to describe inventory items, resources and general ledger accounts.
  • Intrastat Reporting—Automatically retrieve the necessary data to report Intrastat information to statistics authorities. Local customs authorities can inform you whether your company is obligated to file such a report.
  • Outlook Integration—Synchronise your to-do items and your contacts with your meetings, tasks and contacts in Outlook.

Take the next steps for your business

There’s never been a better time to update your systems and take advantage of all the benefits of cloud-based business applications. Learn more about the capabilities of Microsoft Dynamics 365 Business Central.

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