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Functionalities of Microsoft Dynamics 365 Business Central

We have already heard that Microsoft Dynamics Business Central is an all-in-one business management solution. It is easy to adapt and helps its users connect your business simplifying decision making. In this article we will look at the features of the solution and how they assist in various aspects of a running and expanding business.

Functionalities of Microsoft Dynamics 365 Business Central:

  1. Finance Management

With MicrosoftDynamics 365 Business Central, you can manage the following financial aspect of your organization:

Budgets, fixed assets, basic general ledger, cash flow forecast, account schedules, multiple currencies, check writing, allocations, payment handling, consolidation, bank account management, bank reconciliation, responsibility centers, unlimited dimensions, deferrals, basic XBRL, electronic payments or Direct debits, Inter-company posting, cost accounting.

  1. Customer Relationship Management

The CRM benefits of Microsoft Dynamics Business Central are the following:

Contact management, opportunity management, business inbox for Outlook, Dynamics 365 Sales integration, campaign pricing, relationship management, task management, e-mail logging, contact classification, interaction or document management.

  1. Project Management

Microsoft Dynamics 365 Business Central provides the following benefits in project management:

Job quotes, basic resources, capacity management, project management jobs, time sheet, multiple costs.

  1. Supply Chain Management

With Microsoft Dynamics Business Central you can get the following functionalities in supply chain management:

Item charges, alternative order addresses, alternative ship-to addresses, demand forecasting, sales invoice discounts, item cost references, alternative vendors, sales invoicing, item substitutions, assembly management, sales invoicing, sales line discounting, item tracking, location transfers, basic inventory, basic payables, sales line pricing, multiple locations, sales order management, order promising, basic receivables, sales return order management, calendars, purchase invoicing sales  Tax/VAT, purchase line discounting, cycle counting, shipping agents, line pricing, drop shipment purchase, item attributes, item budgets, standard cost worksheet, purchase order management, purchase return order management, vendor catalogue items, item categories requisition management.

  1. Warehouse Management

The following aspects of warehouse management are taken care of by Microsoft Dynamics 365 Business Central:

Warehouse shipment, pick, automated data capture system, bin set-up, warehouse management systems, warehouse receipt, internal picks and put aways.

  1. Service Management

Microsoft Dynamics Business Central takes care of the following aspects of service management:

Service item management, service price management, service order management, service contract management, planning and dispatching.

  1. Manufacturing

With Microsoft Dynamics 365 Business Central you can manage the following manufacturing aspects:

Machine center finite loading, production bills of materials, production orders. Basic supply planning, sales and inventory forecasting, basic capacity planning, version management, agile manufacturing.

  1. Artificial Intelligence

You can enjoy the following benefits of artificial intelligence with Microsoft Dynamics Business Central:

Inventory forecast, cash-flow forecast, sales forecast, image recognition late payment prediction.

  1. Additional Functionalities

The following are some additional functionalities of Microsoft Dynamics 365 Business Central:

Human resource management, job queue, user tasks, analysis reports, change log notifications, embedded Power BI, reason codes, workflow, extended text, unlimited companies, intra-stat, user management, word reporting.

SUMMARY

This article illustrates the wide range of business operations that are assisted and made easy by Microsoft Dynamics 365 Business Central.


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Sam WillamSam Willam
Joined: January 2nd, 2019
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