Reasons Dynamics 365 Business Central is the Top ERP Choice for Executives

Microsoft Dynamics 365

18 October, 2024

Naba Ijaz

Introduction

When purchasing an enterprise resource planning (ERP) system, conducting thorough research is a must. Not every ERP is the same. Worst case scenario: after investing in an ERP system’s implementation and customization, the firm starts experiencing limitations with scaling. Ensure the ERP you select accommodates your company’s present and future needs. Today, Microsoft Dynamics 365 Business Central is top ERP choice

among executives in the pursuit of expanding their business. Backed by decades of Microsoft ERP experience, Business Central offers adaptability to cloud computing with a tried-and-true, user-friendly framework. It has no match in providing a unified experience across your financial, inventory, sales, and other business processes. Let’s look at the seven top reasons why Dynamics 365 Business Central for executives makes a difference over other accessible ERPs.

Microsoft Dynamics 365 Business Central: A Quick Overview

Business Central is a high-end business solution encompassing a suite of ERP capabilities and some base CRM (Customer Relationship Management) features. Microsoft Dynamics 365 Business Central was previously known as Dynamics NAV or Navision. BC is the most recent update to NAV, and now all business departments, from manufacturing to sales and finances, can be managed under its hood. 

BC users have three options for deployment by Microsoft:

On-premises server deployment
Cloud-Server deployment with Microsoft Azure
Hybrid-server deployment using mixed cloud and on-premises services

Work smarter, adapt faster, and perform better with Business Central”—named the best ERP system of 2023 by Forbes Advisor.

Dynamics 365 Business Central Top ERP Choice for Executives: Why?

Organizations of all sizes need a user-friendly, robust, scalable, and highly customizable business management system to perform optimally. A company’s needs, such as cloud storage and customization requirements, change as it expands.  Dynamics 365 Business Central is a top ERP choice for businesses to meet these requirements. Here are a few reasons to back up this statement.

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1. Foundations: Legacy vs Modern ERP Systems

Often, evaluating ERP systems boils down to the foundation: cloud vs legacy systems. Modern ERP systems are highly customizable to meet unique business requirements. By offering flexibility, real-time data access, and cost efficiencies that legacy systems simply can’t match, Business Central is becoming a top ERP choice for C-level executives who want to future-proof their organizations.

Microsoft Dynamics Business Central has a solid business-focused foundation and architecture to handle business complexity and sophistication. Moreover, if, at some point, a company grows to the enterprise level, there is an option to switch to Microsoft Dynamics 365 Finance & Operations.

2. ERP Implementation: How Many Do You Want to Endure?

mplementing an ERP is often a major source of frustration for executives. Modifying a traditional ERP system to meet the changing demands of a company can be tedious and time-consuming. Not to mention, the risk associated is substantial. Businesses may require costly and disruptive re-implementations if the selected system cannot scale or adapt. These repeated implementations deplete resources and result in operational inefficiencies, downtime, and potentially lost opportunities. The question is “What is the maximum number of ERP implementations you are willing to endure?” Business Central ERP benefits for leadership are exceptional, like its scalability and flexibility, eliminating the need for frequent re-implementations. The system can grow with the organization because it is cloud-based, so updates and improvements can be applied easily.

Are you still contemplating and confused about implementing Dynamics 365 Business Central for enterprises? Here is a bonus read: Navigating Dynamics 365 Business Central Implementation

3. Upgrades: Automatic vs Manual

System upgrades and updates are another problem that often trouble businesses relying on traditional ERP systems. It’s not even a problem with Business Central since it offers automatic updates. Microsoft rolled out these updates on a Bi-annual basis, running seamlessly in the background without causing system downtime.

4. Customizing Reports and Workflows: Self-service vs Developer-Dependent

The architecture and user interface of legacy ERP systems is quite complex; hence, customizing reports or workflows requires much effort or technical expertise, which is not cost-effective. Even a minor change can translate into downtime and added expense. The result is a rigid system that is hard to customize in line with growing business requirements. However, Business Central comes with self-service customization options. Business users can easily adjust and personalize workflows and reports with its low-code/no-code tools without extensive technical support. On top of custom reports and workflow creation, the self-service capability reduces costs by minimizing reliance on external developers making Dynamics 365 Business Central top ERP choice.

5. Automation: Streamlining Processes

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6. Expansion Capabilities: Multiple Databases vs Unified Database

When your data is scattered across different systems and disconnected databases, it can cause operational mayhem. It becomes challenging to maintain consistent yet accurate information across all business departments. This also leads to resource depletion since teams spend time in recording and preserving information from multiple sources. Decision-making for stakeholders and executives also becomes fragmented as they don’t have a clear and 360 view of the business. Business Central is a centralized database that caters to all business processes, from sales to supply chain, while ensuring that operations run from a single and real-time data set.

Business Central Pricing Winning It

Business Central has a subscription-based model with three packages: Team Members, Essentials, and Premium. Business Central licenses are exclusively available for purchase through CSP. Each package offers varying levels of functionality at different prices per user/month.

Package	Description	Price per User/month
Team Members	View-only access to essential business data, such as customer and vendor information, financials, and sales data	$8
Essentials	Full access to financial management, sales, and customer service functionality	$70
Premium	Extended functionality, including project management, inventory management, and supply chain management	$100

The best part about BC is that users can get read-only access to Business Central through Microsoft 365 licenses and Premium or Essentials plans. Prospects can also subscribe for an evaluation version by using a self-service sign-up, also known as the viral trial.

I suggested reading this detailed resource to understand Business Central Licensing: Dynamics 365 Business Central Essentials vs. Premium Licenses Explained.

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Conclusion

An ERP purchase has far-reaching consequences for your business. This blog will help you weigh the holistic business impact of the system. As mentioned above, Business Central, as a cloud ERP system, can help organizations scale from startups to billion-dollar multinationals, place power in the business user’s hands, and create real-time reporting for all roles in the business. Without a doubt, the above-mentioned reasons make Dynamics 365 Business Central top ERP choice and if you have decided to go with Business Central, AlphaBOLD, a trusted Microsoft Solution provider, can help. Our industry experts guide businesses through the notorious ERP implementation process. Request a demo and experience the partner edge with us!