Are you outgrowing your existing accounting software?

Growing businesses often outgrow their accounting software or legacy ERP systems that are unable to handle increased inventory and transactions, lack integration with other line-of-business systems, and have reporting limitations. Customers also feel pain around scalability, mobility, and cloud. 

A modern business today more than ever must work smarter and more efficiently to stay competitive.  And where a business might have been able to work around inadequacies of their current systems, what the last number of months has probably also shown is that those weaknesses are considerably more difficult to navigate when teams are not as centralised as they were at the start of 2020.

So, taking this into consideration here are some typical signs that would suggest that your current solutions won’t be ready to handle additional growth.

So, when we see these issues being raised the most obvious solution to recommend is to implement an end-to-end ERP business management solution that connects data from across the entire business to streamline business processes, improve customer interactions, and make better decisions.

However, that previously has been a very expensive solution out of reach of most small to medium sized organisations with very expensive software, extra hardware and software and then equally expensive migration and implementation costs.

So how can Dynamics 365 Business Central help?

Dynamics 365 Business Central is designed to provide tools to better manage your financials, automate and secure your supply chain, boost sales and customer service, while optimising your operations.  It connects your people and processes with a single, unified solution integrated into Office 365, so data can be quickly and easily shared with key people throughout your company.

That means you get access to the most current, accurate data so you’re making the most informed decisions possible.  For example, the second a sales rep working from home or on site makes a change to a customer quote, it gets reflected in the numbers being pulled for a forecast report back at the office. With more accurate information at your fingertips, decisions have a bigger impact on the bottom line.

As a single all-in-one platform solution, it makes managing financials, sales, service, and operations easier and faster at a lower cost of ownership, compared to traditional ERP solutions and is tailored to specifically meet the needs of SMEs and a wide range of areas as shown below:  

A more detailed outline of specific functionality available is shown in the table below:

Being a Microsoft Cloud based solution and like what Office 365 has done for SMEs over the last 5 years, Business Central offers faster implementation and migration from existing systems.

There are no upfront hardware and software costs to contend with, combined with a much lower cost of ownership based on a monthly, per user, per month licensing model and that can all be accessed securely from anywhere from any type of device, the same way you can get your email and files from Office 365. 

Extending Dynamics 365 Business Central

When it comes to extending out of the box functionality, Endeavour combines our own product extensions with those published on the Microsoft AppSource store to deliver an integrated business management solution.

Insight Works is an Independent Software Vendor (ISV) that caters to the manufacturing and distribution industry. Their product line features a breadth of end-to-end apps that integrate with Microsoft Dynamics 365 Business Central. There are apps designed for manufacturing, distribution, shipping, sales, productivity, barcoding, and more. To learn more, visit www.dmsiworks.com.

Astral GoCardless seamlessly integrates Microsoft Dynamics 365 Business Central with GoCardless, providing the ability to collect Direct Debit payments via Bacs, SEPA, BECS, Autogiro, Betalingsservice, PaymentsNZ, PAD or ACH Debit.

Astral Stripe brings the Stripe payment platform to Microsoft Dynamics 365 Business Central.

Continia’s solutions automate and digitalize workflows for Business Central. Options include Document Capture and Payment Management to automate the purchase-to-pay process, Expense Management for employee expenses, and Document Output for document distribution.