As most business environments grow more fast-paced, SMEs are often concerned with how to keep up. This is particularly felt whenever SMEs evaluate their present financial system. More often than not, SMEs resort to sticking to their legacy system. This often leads to SMEs having to deal with an outdated system which is simply not built to be scalable, stunting business growth and overall flexibility.
To combat this, Microsoft’s newest edition within the Dynamics 365 range, Business Central, has everything that an SME organisation may need to be able to benefit from a complete, scalable financial solution.
Business Central meets many of the requirements that an SME may have by facilitating growth through a scalable platform, made all the more affordable through its simple subscription-based model. Being available on the cloud also eliminates the majority of fees that come with hosting a financial solution on-premise, which is so often an obstacle that many SME organisations are faced with.
The numerous capabilities found within the Business Central solution can allow SME companies to benefit from a number of improved business processes, including the following;
Automating the Supply Chain
Business Central’s Supply Chain Management components simplify any interactions within the supply chain, while providing an end-to-end view across operations, purchasing, manufacturing, inventory, and warehouse management.
The solution also allows businesses to accelerate financial close, chart financial performance in real time, and improve forecast accuracy while maintaining compliance and security.
Business Central allows SMEs to truly supercharge their sales processes, being allowed to manage the sales process from start to finish within Outlook and deliver exceptional service with a connected view of customers and service operations.
Project Management within SMEs also becomes easier through Business Central. Users will now be able to benefit from the ability to plan and monitor your projects with real-time metrics on resources, profitability, tasks, and progress, ensuring for smooth and efficient project execution.
Protecting Sensitive Data and Achieving GDPR Compliance
GDPR has put significant pressure SMEs to achieve compliance and safely store relevant data. Through making use of Encrypted Datacenters with Microsoft-Standard security, it has now become easier than ever for Small and Medium-sized businesses to safely store, and transmit data securely across your systems while protecting it from unauthorized access.
At Exigy Ltd, we bridge the gap between business and technology and are proud to support strategic business software solutions such as Microsoft Dynamics 365 Business Central. Contact us to find out how our solutions can help optimise your sales and take your business to the next level!