Dynamics 365 Business Central Modernize finance, supply chain, and operations to improve cross-functional coordination and agility. Schedule a 45-min Consultation What Is Dynamics 365 Business Central? Dynamics 365 Business Central is Microsoft’s cloud-based ERP solution for small and mid-sized businesses (SMBs). Business Central provides real-time visibility into core business functions such as finance, supply chain, inventory, sales, and customer service, empowering organizations to make data-driven decisions and improve efficiency. Empowering Small and Mid-Sized Businesses with Microsoft Dynamics 365 Business Central Organizational Impact of Dynamics 365 Business Central Executive Perspective Microsoft Dynamics 365 Business Central delivers integrated financial management, supply chain oversight, and real-time analytics—empowering executives, managers, and operators to make fast, fact-based decisions. By tightly connecting business processes across finance, sales, supply chain, and manufacturing, it eliminates the process gaps and reporting blind spots that often hinder growth. With a unified platform, cross-functional teams can collaborate more effectively, respond to challenges with agility, and capitalize on opportunities—building a culture of teamwork, transparency, and accountability. Departmental Perspective Microsoft Dynamics 365 Business Central enhances cross-functional planning and execution, enabling each department to better achieve its performance goals. By streamlining core processes like lead-to-order and order-to-cash, it provides robust, real-time reporting to every team involved in the S&OP process. With shared visibility into both overall performance and departmental metrics, teams can make timely adjustments, collaborate more effectively, and align around opportunities and risks—fostering stronger coordination and better outcomes across the organization. Microsoft Dynamics 365 Business Central: Strategic Benefits Strategic Planning Inventory Management Cost Accounting Product Costing Microsoft Dynamics 365 Business Central enhances the ability of finance teams to proactively manage operational performance by providing real-time access to financial data, deep analytics, and integrated reporting tools. With the unified D365 BC platform, finance teams can have a single view of key performance indicators (KPIs) and monitor financial health across all business functions, including cash flow and profit margins. The system can also help finance teams predict future trends and adjust strategies with its advanced forecasting and budgeting capabilities. Microsoft Dynamics 365 Business Central simplifies inventory management by providing comprehensive tools to monitor stock levels and procurement to increase inventory turns while improving customer experience. Inventory Valuation: D365 BC supports multiple inventory valuation methods, including FIFO, LIFO, and average costing. Ascent ensures proper configuration for accurate reporting to increase awareness of variences. Replenishment Management: With built-in demand forecasting and automated replenishment features, businesses can set reorder points and create purchase orders automatically to maintain optimal inventory levels and avoid stockouts. Warehouse Management: D365 BC offers tools to manage bin locations, track shipments, and streamline receiving and shipping. Business Central includes cost accounting features that allow you to track expenses and profitability across different dimensions (like departments or projects). You can: Set up cost centers to track costs for various parts of the business. Use dimensions to assign costs and analyze profitability. Track actual vs. budgeted costs for various functions or departments. Implement basic overhead allocation to cost objects. Product costing in BC can be managed through its inventory management and manufacturing modules (if you’re using those). It allows you to: Costing methods like FIFO, LIFO, or Weighted Average to track the cost of inventory. Calculate COGS and track product margins. Manage production costs if using manufacturing functionality, including tracking material and labor costs. Microsoft Dynamics 365 Business Central enhances the ability of finance teams to proactively manage operational performance by providing real-time access to financial data, deep analytics, and integrated reporting tools. With the unified D365 BC platform, finance teams can have a single view of key performance indicators (KPIs) and monitor financial health across all business functions, including cash flow and profit margins. The system can also help finance teams predict future trends and adjust strategies with its advanced forecasting and budgeting capabilities. Microsoft Dynamics 365 Business Central simplifies inventory management by providing comprehensive tools to monitor stock levels and procurement to increase inventory turns while improving customer experience. Inventory Valuation: D365 BC supports multiple inventory valuation methods, including FIFO, LIFO, and average costing. Ascent ensures proper configuration for accurate reporting to increase awareness of variences. Replenishment Management: With built-in demand forecasting and automated replenishment features, businesses can set reorder points and create purchase orders automatically to maintain optimal inventory levels and avoid stockouts. Warehouse Management: D365 BC offers tools to manage bin locations, track shipments, and streamline receiving and shipping. Business Central includes cost accounting features that allow you to track expenses and profitability across different dimensions (like departments or projects). You can: Set up cost centers to track costs for various parts of the business. Use dimensions to assign costs and analyze profitability. Track actual vs. budgeted costs for various functions or departments. Implement basic overhead allocation to cost objects. Product costing in BC can be managed through its inventory management and manufacturing modules (if you’re using those). It allows you to: Costing methods like FIFO, LIFO, or Weighted Average to track the cost of inventory. Calculate COGS and track product margins. Manage production costs if using manufacturing functionality, including tracking material and labor costs. D365 Business Central: Modules and Features Finance Sales Features Operations Production Human Resources Finance General Ledger & Financial Management – Automates journal entries, account reconciliations, and financial reporting; improves financial accuracy, reduces manual effort, and ensures compliance with accounting standards. Accounts Payable (AP) Management – Tracks vendor invoices, due dates, and payments to manage cash outflows; enhances cash flow control by preventing late fees, optimizing payment schedules, and improving vendor relationships. Accounts Receivable (AR) Management – Manages customer invoices, collections, and overdue payments; reduces outstanding debts and improves cash flow by automating reminders and follow-ups. Bank Reconciliation & Cash Management – Automates bank statement imports, reconciliations, and cash flow forecasting; ensures accurate financial records and better liquidity management for informed decision-making. Budgeting & Forecasting – Allows businesses to set financial goals, create budgets, and predict future financial performance; improves financial planning by aligning budgets with business strategies and monitoring variances. Cost Accounting ... Read more