What is Microsoft Dynamics 365 Business Central
Microsoft Dynamics 365 Business Central is Microsoft’s newest SMB ERP offering, becoming generally available in 19 countries across the globe as of October 2018. At the time, it acted as a new name for Dynamics 365 for Finance and Operations, Business edition and the official name of Microsoft’s Dynamics 365 “Tenerife” project (and “Project Madeira before that).
Now, Business Central has brought full Dynamics NAV functionality to a SaaS environment and anchors the future of the Microsoft Dynamics NAV roadmap, offering cloud, on-premises and hybrid deployment options as part of the wider Microsoft Dynamics 365 solution offering
Microsoft Dynamics 365 Business Central is a cloud-based, all-in-one business management solution which enables customers to upgrade from their entry-level accounting software or legacy ERP system to one single, comprehensive solution to manage finances, operations, sales and customer service. Helping organizations streamline their processes, improve customer relations and enable growth through:
Business without silos
Connecting businesses and boosting efficiency with automated tasks and workflows, all within the familiar Microsoft interface of applications such as Word, Outlook and Excel.
Achieving more and gaining a complete view of the business with connected data, business analytics and guidance delivered by Microsoft’s leading intelligent technologies.
Solutions built to evolve
Get started quickly, growing and adapting in real time with a flexible platform that makes it easy to extend beyond Business Central based on evolving business needs.
Microsoft Dynamics 365 Continuous Updates
Microsoft Dynamics 365 Business Central continues to get better. Microsoft published the release notes for all the Dynamics 365 applications and the Power Platform, unveiling all the new features that will be released between April and September of this year. For those who don’t know, Microsoft plans to update Dynamics 365 twice a year going forward, in April and again in October.
The April 2019 release of new Microsoft Dynamics 365 Business Central enhancements is geared towards improvements to the user productivity. It will now deliver a more personalized experience – users can personalize the action bar on every page, navigation bar on role centers, quick entry fields, etc.
The enablement of more keyboard-centric scenarios and features – such as document focus mode; work date indicator; and the ability to save personalized list filters – will make users’ lives easier and help them to stay focused.
This release also addresses and incorporates feature feedback received from users (autosave indicator, filters in Excel reports, and much more).
Power Platform users (Power BI, Microsoft Flow, Power Apps and the Common Data Service users) will benefit from this release too. Mary Jo Foley summarizes these benefits aptly in this ZDNet article titled “Microsoft’s Dynamics 365 April ’19 Update: What’s New.” Mary Jo Foley also explains “Why Microsoft’s ‘Power Platform’ is one of its biggest bets for 2019 and beyond.” As evidenced by Dynamics 365’s prominence in the most current earnings release, the Power Platform is central to Microsoft’s long-term strategy. This bodes extremely well for Dynamics 365 customers well into the foreseeable future.
Microsoft Cloud Strength Fuels Growth
‘Microsoft 365, Dynamics 365, and Power platform on top of what we’re doing with Azure is the core of what we are doing as a company’
Satya Nadella, CEO .
How Much Does Microsoft Dynamics 365 Business Central Cost?
Microsoft Dynamics 365 Business Central is available at two price points: Essentials and Premium. Licenses for Dynamics 365 Business Central Essentials cost from $70 per user/month, whilst Dynamics 365 Business Central Premium costs $100 per user/month. All users in a tenancy must have the same license type, businesses are not able to mix and match Essentials and Premium licenses. It is also important to note that all Business Central licenses are named user licenses. This means that businesses must purchase a license for each user they wish to access the software. Microsoft Dynamics 365 Business Central Essentials includes the following functionality:
- Financial Management—general ledger, workflows and audit trails, bank management, budgets, deferrals, bank reconciliation, dimensions, fixed assets and currencies.
- Customer Relational Management—contacts, campaigns, opportunity management and built-in integration with Dynamics 365 for Sales.
- Supply Chain Management—sales order management, basic receivables, purchase order management, locations, item transfers, and basic warehousing.
- Human Resources—employees and expense management.
- Project Management—resources, estimates, jobs and time sheets.
- Other—multiple languages, reason codes, extended text, Intrastat reporting, scheduled tasks and Outlook integration.
This emulates the functionality of the Microsoft Dynamics NAV 2018 Starter Pack. Microsoft Dynamics 365 Business Central Premium will include the above functionality, plus:
- Service Order Management—service orders, service price management, service item management, service contract management, planning and dispatching.
- Manufacturing—production orders, version management, agile manufacturing, basic supply planning, demand forecasting, capacity planning, machine centres and finite loading.
Outperform the competition
When businesses come to us seeking a new business management solution, they often have a list of must-haves. We hear things like flexible, scalable, adaptable, user-friendly and quick to implement. Microsoft Dynamics NAV is a global enterprise resource planning (ERP) solution that truly delivers in each of those categories. Over 110,000 companies worldwide rely on NAV every day, including 8,000 new customers in the last year. It’s a business management solution built for smart businesses that seek opportunities to do things a little different and outperform their competitors at every turn.
Driving business forward
Microsoft Dynamics NAV provides small and midsize businesses greater control over their financials and simplifies their supply chain, manufacturing and distribution and service operations. It’s quick to implement and easy to use, with the power and flexibility to support your growth ambition. Turn your business vision into reality with Microsoft Dynamics NAV.
Handle the curves without slowdowns
Perhaps because we have strong base of consultants, developers and problem solvers at Silverware, we like Microsoft Dynamics NAV for its configurability and source code availability that empowers our consultants (and savvy users) to tailor Microsoft Dynamics NAV to meet the unique requirements of businesses throughout a wide range of industries.
Microsoft Dynamics NAV is loaded with highly configurable functionality out of the box which can easily integrate with other systems. The NAV secret weapon is the ability to create and modify native functionality to fit unique business requirements, enabling competitive advantages that drive your business to the checkered flags, and beyond.
Microsoft Dynamics NAV delivers integrated functionality:
- Financial Management
- Supply Chain Management
- Inventory Control
- Service Management
- Human Resource Management
- Project and Resource Management (Jobs)