Microsoft Dynamics 365 Business Central is a cloud-based business management solution that helps SMBs automate and streamline their operations. It’s an all-in-one solution that covers financials, sales, service, and operations, so businesses can get a complete view of their business in one place.
Business Central is constantly evolving, and Microsoft is continually adding new features/functionality to help businesses stay ahead of the curve. Here is a more detailed look at some of the ways that Business Central is launching businesses into the future:
Improved integration with Power Platform
Business Central is now more tightly integrated with Microsoft Power Platform, which includes Power BI, Power Automate, and Power Apps. This gives businesses the ability to create custom solutions and automate their workflows without having to code.
For example, businesses can use Power Automate to create automated workflows that trigger tasks in Business Central. Such as sending an email notification when a new order is placed or creating a customer record when a new lead is generated. Businesses can also use Power BI to create custom reports and dashboards that give them insights into their business performance.
Enhanced artificial intelligence (AI) and machine learning (ML)
Microsoft is also adding AI/ML capabilities to Business Central to help businesses make better decisions and improve their efficiency. For example, Business Central can now use AI to predict customer demand and forecast sales. It can also use ML to identify patterns and trends in data, which can help businesses identify potential problems/opportunities.
For example, a BC user could use AI to predict how many customers visit their store on a given day, based on historical data. Then, you could use this information to staff the store appropriately and ensure that there are enough products in stock.
Enhanced security and compliance
Microsoft builds Business Central on the Microsoft Azure platform, which offers a wide range of security features and certifications, to commit to providing businesses with the highest levels of security and compliance. Business Central is also compliant with a variety of industry regulations, such as GDPR and PCI DSS.
For example, Business Central uses encryption to protect data in transit and at rest. It also offers role-based access control and audit logging to ensure that only authorized users have access to data.
Microsoft is constantly innovating and adding new features to Business Central. In the upcoming release wave, Microsoft is adding features such as:
Improved support for multi-entity management:
Business Central will make it easier for businesses to manage multiple entities, such as subsidiaries or divisions.
Enhanced financial reporting:
Business Central will add new financial reporting capabilities, such as the ability to create custom reports and dashboards.
Improved integration with third-party applications:
Business Central will add new integrations with third-party applications, such as e-commerce platforms and CRM systems.
By using the new integration with an e-commerce platform, a Business Central user can automatically update their inventory levels when an order is placed on the e-commerce site.
Benefits of using Business Central
There are many benefits to using Business Central, including:
- Improved efficiency and productivity: Business Central can help businesses automate their tasks and workflows, which can free up employees to focus on more strategic work.
- Increased visibility and insights: Business Central provides businesses with a single view of their data, which can help them identify trends and opportunities.
- Enhanced collaboration: Business Central makes it easy for employees to collaborate with each other and with customers and partners.
- Reduced costs: Business Central can help businesses reduce costs by automating tasks, reducing errors, and improving visibility into their operations.
Also Read : Dynamics 365 Business Central 2023 Release
Microsoft Dynamics 365 Business Central is a powerful and versatile business management solution that can help businesses of all sizes succeed. Ongoing innovation and commitment to security and compliance position Business Central well to help businesses launch into the future.