Business Central is part of the Microsoft Dynamics 365 enterprise resource planning (ERP) line, designed to improve operational efficiency and customer experience.
Business Central is a cloud application that assists with finance operations for companies of any size.
Keep reading to learn more about what Beringer’s Business Central experts can do for you.
Business Central has an abundance of functions and features. Here’s a small sample of what you can expect to optimize when you adopt Business Central.
Accounting and financial management
Keeping a well-maintained ledger is essential for reporting real-time expenses, compiling trial balances, identifying unexpected transactions, and drafting financial statements. Business Central allows your company to set up a general ledger and take control of spending.
On the other hand, the cash management feature helps you manage the company’s bank accounts by creating bank accounts for the business, customers, and vendors.
Business Central allows you to take control of your cash flow by managing payables information for vendors and customer receivables information.
Automatically reconcile bank statement data to stay on top of mistakes, receivables tracking, and more.
Keep your business organized and legally on track by managing invoices for customers and vendors in Business Central.
Business Central improves your business by identifying inefficiencies, automating repetitive processes, and helping you manage every aspect of your financial operations.
Business Central’s various accounting and financial solutions will make your business’s financial information transparent and easily accessible to all relevant employees and executives. As a result, everyone is on the same page and can coordinate better based on a single central source of accurate information.
Especially when used with Microsoft Teams, Business Central can help improve collaboration when fully remote work has become the norm for some industries. It’s a unified platform that allows team members to look up relevant business data, such as customer or vendor contacts and payment information, and quickly share it with other members.
Especially for businesses providing financial services, analyzing data is at the heart of operations. Still, all companies need data management, analysis, and reporting to make the most informed decisions possible.
Business Central offers a unified platform for managing and analyzing all business data without resorting to multiple incompatible software solutions that don’t efficiently bring data together. It ensures data access 24/7.
As part of the Dynamics 365 suite, Business Central is designed for seamless integration with other Microsoft solutions, such as Power BI, Microsoft Office Suite, Microsoft Outlook, and others, ensuring maximum flexibility and functionality.
Given its flexibility to integrate with other Microsoft and third-party software solutions, Business Central can be customized to your unique business needs. You don’t have to fit your business into the Business Central model; you can shape Business Central to fulfill your needs.
Business Central offers security and backup features to protect your data. It also allows you to store data based on local data privacy laws for compliance and transparency.
If you’re looking for a comprehensive business management solution in the cloud, Beringer Technology Group has the team and the talent to create the customized strategies you need to keep growing.