Does your workday look something like this? You spend countless hours sifting through Excel spreadsheets or switching from one application to another to find the data you need. Eventually, the lost time adds up—but your workflow doesn’t have to be this inefficient.
Have you heard about Dynamics 365 Business Central? This enterprise resource planning (ERP) software is designed to connect data from several departments in your company and store it in a single database. With it, your staff will have access to all the data they need. And as a business owner, you’ll get a 360-degree view of your operations and know exactly what’s happening with your finances, inventory, customer service, and more. To learn more about buying an ERP system, read our blog.
Want to know more about how Business Central can help you streamline your company’s functions? Contact our Business Central consultants for a free demo.
We know what you’re thinking—my business is too small for this kind of solution. But the truth is that no business is too small for a solution that will help it be more efficient. If you want to succeed in today’s competitive market, you have to be faster and sharper than the guy down the street.
Did you know? A recent survey by Panorama Consulting Solutions found that 64% of business owners decided to implement ERP software to improve business performance. Source: Panorama Consulting Solutions 2018 ERP Report
Whether you run a 10-person shop or a larger company with up to 50 employees, you really should consider this solution. Here are some of the ways Business Central will make your company more efficient.
1. Get a Grip on Your Finances
Let’s say you run a specialty coffee shop. How do you keep track of all your payments and invoices? Are they piled up in a folder in your filing cabinet? Do you have one file folder for payables and another for receivables? Maybe you’re still using a rolodex system to store your client and supplier contact information!
A management system like Business Central would allow you to store all invoices, payments and credit card transactions in one place. In just a few clicks, you’d get a real-time view of your monthly revenue and expenses. Your accountant would also be happy because she’d have automatic access to all client transactions. She’d know right away who pays their bills on time and who doesn’t.
2. Take Control of Your Inventory
It’s easy for a three-person shop to keep a close eye on what’s sitting in the backroom. However, as your business starts to grow, controlling inventory becomes more of a challenge. If you run a catering business and have a big job coming up, do you have a sure-fire way of knowing you’ll have enough food to feed your clients? If you run out of chicken breasts because another member of your staff used them for a recent banquet, you could be in big trouble. You need a reliable way of managing your inventory. With a system like Business Central, each chef who works for you would have access to the same up-to-date information about the number of chicken breasts and salmon filets that are sitting in your fridge at any given time. No more scrambling to find a decent supplier at the last minute.
Did you know? A recent study by the Motorola Solutions Future of Warehousing predicts that 66% of retailers will make a significant investment in inventory management technology throughout 2018. Source: SkuNexus, October 18, 2018
3. Find Important Business Information When You Need It
If I asked you how many orders your company got last week, would you be able to tell me right away? Not all small business owners would have an immediate answer to this question. That’s because they don’t have direct access to the data—these figures are usually kept by the accounting or sales departments and rarely made available to other members of the company.
As we mentioned earlier, you have to be quick on the draw to last in today’s competitive market. And that means having important information readily available. Business Central would give decision-makers like you a complete overview of all your operations, whenever you need it. With just a few clicks, you would see what the sales department is doing, which customers have placed orders, and when their products would be shipped. You’d also have information on client history—such as buying habits—that would help your customer service agents better respond to your customers’ needs.
4. Bring Your Accounting Department Up to Scratch
Sluggish accounting is one of the first signs of an inefficient company. Is your accounting staff still using paper-based invoices to keep track of sales? Do they spend countless hours manually entering this information into various accounting and sales applications? Think of what you could accomplish if all these tasks were automated with a single database! You’d also narrow the margin of human error that occurs when people have to enter this kind of information manually.
5. Stop Fighting with Your Technology
You’re a business person, not a technology wiz. So the last thing you want to do is spend your day trying to figure out how to customize and upgrade all your software systems. You’d be better off letting a cloud provider like SherWeb build a new solution for you.
We can customize Dynamics 365 Business Central to suit your specific needs. And we can help you expand it when your business starts to grow. You won’t need a whole new infrastructure to run it and won’t have to worry about technical support—because that’s our job. You’ll also benefit from pay-as-you-go billing; you use the applications when you want them, and you’re billed for what you actually use. It’s that simple.