Microsoft has announced the upcoming launch of Dynamics 365 Business Central, a new offering designed to be an out-of-the-box Dynamics 365 solution for small and medium-sized organisations.
Manage sales, accounts and financials
Automate supply chains
Deliver improved customer services
Optimise business operations
In practicality, based on Microsoft's other ERP systems, Dynamics 365 Business Central ERP system will almost certainly allow for the end-to-end management of a business' data at a low monthly cost.
The SME ERP solution
Business Central will be geared to the common requirements of SMEs
Like Dynamics 365, Business Central is also a cloud-based solution, so doesn’t need to be installed on an organisation’s server (though can be if desired). This increases the flexibility of access: sales operatives, for example, can update leads from their phones, while production workers can update stock levels from tablet devices.
Users will also pay a monthly licence cost for Business Central (when hosted on Microsoft’s cloud setup). This means organisations can add or remove users as necessary, offering a more cost-effective model than a one-off (often large) software licence fee where only a few people may be accessing the ERP.
Microsoft has also indicated that it will perform regular updates to Business Central. This will make sure that this SME solution is always up to date with the latest functionality for all users.
Microsoft's leading ERP solution
Dynamics 365 Business Central replaces the short-lived Dynamics 365 Business Edition, which was launched in 2016 but quietly put to bed at the end of 2017.
It is also thought that Business Central will be the successor to Dynamics NAV, Microsoft’s Enterprise Resource Planning (ERP) solution. Though this is not a certainty, the similarity in reported functionality – coupled with Business Central’s attractive tiered licensing – will make Business Central a highly compelling alternative to NAV. It would, therefore, make sense that the new offering might take the place of NAV in time.
Dynamics 365 Business Central is available now. Though designed as the ideal SME solution, organisations may find that a custom Dynamics 365 setup proves a more functional and cost-efficient solution than Business Central.
To discuss the right Dynamics 365 solution for your organisation, please get in touch.