A recent study sighted the reasons given as to why a business would choose to update their ERP system:
Take advantage of new functionality (55%)
Enhanced ease of use (29%)
Additional flexibility and scalability (27%)
Current performance is inadequate (26%)
Vendor no longer supports the old version (22%)
Old version is incompatible with emerging technologies (20%)
If you are an existing Microsoft Dynamics NAV user, or use another legacy ERP system, you will likely fall into one or more of the above categories.
You are likely seeing a decrease in performance compounded over time that will continue to worsen.
Simply put, if the existing software you are using is responding slower or not working as efficiently as it was years before then you should now be thinking about an upgrade.
If you are outside of mainstream support or having issues with processing data and security features, your software is putting your business in a vulnerable position and action must be taken.
Why go for Dynamics 365 Business Central?
Dynamics 365 Business Central is like having a smart, virtual assistant for your business. It’s a comprehensive software solution designed to streamline and optimise various aspects of running a company, from managing finances to handling inventory and everything in between.
Unlike traditional ERP systems, which can be cumbersome and costly to implement and maintain, Business Central is designed to be user-friendly, flexible, and accessible from anywhere with an internet connection.
One of the key benefits of Business Central is its ability to centralise data and processes. Instead of juggling multiple disconnected systems or relying on spreadsheets, businesses can use Business Central to bring everything together in one place. This not only improves efficiency but also provides a holistic view of the business, enabling better decision-making.
Let’s break down some of the main features and benefits of Business Central:
Financial Management: Business Central helps you keep your finances in order by automating tasks like invoicing, accounts payable/receivable, budgeting, and reporting. You can track expenses, analyse cash flow, and gain insights into your financial health in real-time.
Did you know? The average cost to process an invoice manually in the UK ranges from £4 to £25 per invoice. On average, D365 Business Central can reduce this by 80% per invoice.
Supply Chain Management: Managing inventory and suppliers can be a logistical nightmare, but Business Central simplifies the process by helping you optimise inventory levels, track shipments, and manage vendor relationships more effectively.
Did you know? Inventory issues cost UK business a combined £1.6 trillion per year. D365 Business Central reduces inventory carrying costs by an average of 60% and inventory stock-outs by an average of 50%.
Sales and Service: From lead generation to order fulfilment, Business Central streamlines the entire sales process. You can track leads, create quotes, manage orders, and provide excellent customer service all within the same platform.
Did you know? D365 Business Central has helped a manufacturing client to save £42,000 per year in their quote-to-order process simply by reducing the average time to quote by half and reducing error rates by 75%.
Project Management: Whether you’re managing internal projects or client engagements, Business Central provides tools to help you plan, track, and analyse project performance. You can allocate resources, monitor progress, and ensure projects stay on time and on budget.
Did you know? A study by Nucleus Research showed that D365 Business Central could reduce your annual project management spend by 20%.
Reporting and Analytics: Business Central offers robust reporting and analytics capabilities, allowing you to turn data into actionable insights. Whether you need to track KPIs, forecast sales, or analyse trends, Business Central has you covered.
Did you know? The average UK business spends between 60-80% of their overall business expenditure on operating costs. A study has shown that D365 Business Central can reduce this spend by an average of 15% due to the advanced reporting and analytics capabilities it offers.
Scalability and Flexibility: As your business grows and evolves, Business Central grows with you. Whether you need to add new users, expand into new markets, or integrate with other business systems, Business Central can adapt to your needs.
Did you know? Microsoft commissioned Forrester Consulting to conduct a review on all companies who have implemented D365 Business Central. In that study it was found that companies implementing D365 Business Central can expect a 15% increase in revenue over 3 years when compared to non-users.
In summary, Dynamics 365 Business Central is a powerful yet user-friendly solution for businesses looking to streamline their operations, improve efficiency and drive growth. By centralising data and processes, Business Central provides a comprehensive platform for managing finances, supply chain, sales, projects, and more – all in one place.
The good news is that Unify Technologies have you covered. Please reach out to us today to discuss how D365 Business Central can quickly transform your entire business, reducing costs and increasing revenue along the way.
Why upgrading to Business Central is the best investment this year
A recent study sighted the reasons given as to why a business would choose to update their ERP system:
If you are an existing Microsoft Dynamics NAV user, or use another legacy ERP system, you will likely fall into one or more of the above categories.
You are likely seeing a decrease in performance compounded over time that will continue to worsen.
Simply put, if the existing software you are using is responding slower or not working as efficiently as it was years before then you should now be thinking about an upgrade.
If you are outside of mainstream support or having issues with processing data and security features, your software is putting your business in a vulnerable position and action must be taken.
Why go for Dynamics 365 Business Central?
Dynamics 365 Business Central is like having a smart, virtual assistant for your business. It’s a comprehensive software solution designed to streamline and optimise various aspects of running a company, from managing finances to handling inventory and everything in between.
Unlike traditional ERP systems, which can be cumbersome and costly to implement and maintain, Business Central is designed to be user-friendly, flexible, and accessible from anywhere with an internet connection.
One of the key benefits of Business Central is its ability to centralise data and processes. Instead of juggling multiple disconnected systems or relying on spreadsheets, businesses can use Business Central to bring everything together in one place. This not only improves efficiency but also provides a holistic view of the business, enabling better decision-making.
Let’s break down some of the main features and benefits of Business Central:
Financial Management: Business Central helps you keep your finances in order by automating tasks like invoicing, accounts payable/receivable, budgeting, and reporting. You can track expenses, analyse cash flow, and gain insights into your financial health in real-time.
Did you know? The average cost to process an invoice manually in the UK ranges from £4 to £25 per invoice. On average, D365 Business Central can reduce this by 80% per invoice.
Supply Chain Management: Managing inventory and suppliers can be a logistical nightmare, but Business Central simplifies the process by helping you optimise inventory levels, track shipments, and manage vendor relationships more effectively.
Did you know? Inventory issues cost UK business a combined £1.6 trillion per year. D365 Business Central reduces inventory carrying costs by an average of 60% and inventory stock-outs by an average of 50%.
Sales and Service: From lead generation to order fulfilment, Business Central streamlines the entire sales process. You can track leads, create quotes, manage orders, and provide excellent customer service all within the same platform.
Did you know? D365 Business Central has helped a manufacturing client to save £42,000 per year in their quote-to-order process simply by reducing the average time to quote by half and reducing error rates by 75%.
Project Management: Whether you’re managing internal projects or client engagements, Business Central provides tools to help you plan, track, and analyse project performance. You can allocate resources, monitor progress, and ensure projects stay on time and on budget.
Did you know? A study by Nucleus Research showed that D365 Business Central could reduce your annual project management spend by 20%.
Reporting and Analytics: Business Central offers robust reporting and analytics capabilities, allowing you to turn data into actionable insights. Whether you need to track KPIs, forecast sales, or analyse trends, Business Central has you covered.
Did you know? The average UK business spends between 60-80% of their overall business expenditure on operating costs. A study has shown that D365 Business Central can reduce this spend by an average of 15% due to the advanced reporting and analytics capabilities it offers.
Scalability and Flexibility: As your business grows and evolves, Business Central grows with you. Whether you need to add new users, expand into new markets, or integrate with other business systems, Business Central can adapt to your needs.
Did you know? Microsoft commissioned Forrester Consulting to conduct a review on all companies who have implemented D365 Business Central. In that study it was found that companies implementing D365 Business Central can expect a 15% increase in revenue over 3 years when compared to non-users.
In summary, Dynamics 365 Business Central is a powerful yet user-friendly solution for businesses looking to streamline their operations, improve efficiency and drive growth. By centralising data and processes, Business Central provides a comprehensive platform for managing finances, supply chain, sales, projects, and more – all in one place.
The good news is that Unify Technologies have you covered. Please reach out to us today to discuss how D365 Business Central can quickly transform your entire business, reducing costs and increasing revenue along the way.