Inventory – Be Part of the Better Half
Microsoft reports that almost half of small businesses don’t have inventory control. Customers will typically look to find an alternative source rather than wait for backorders. It’s the same with extended ship times. Is it possible to maintain high sales volumes? Maybe. But what is more likely is that profitability will suffer.
Join the better half of businesses that have Inventory as part of their ERP configuration. Inventory control puts you in a position to meet customer demand and protect your margins. Microsoft Dynamics 365 Business Central provides:
- Quality control. Track and manage all aspects of your stock, including quality, to ensure pieces are rotated through your warehouse.
- Organizational control. Ensure you have enough product to fulfill every order that comes through, as well as safety stock—stock that acts as a buffer to reduce an item being labeled “out of stock.”
- Accounting accuracy. Keeping an accurate record of your inventory is vital for managing your assets, especially in audits. Knowing your product quantities allows you to know how much of your product is being lost, destroyed, or spoiled and understand the value of your business.
Precise inventory tracking means orders are filled quickly and accurately, with increased efficiency and productivity, while offering business owners more time, money, and returning customers—with product all coming from an organized warehouse or stock room.
Financial Management – The Power and Insights for Today’s CFO Needs
Managing financials is every bit as important as managing your inventory. Microsoft Dynamics 365 Business Central’s financial are built on a powerful General Ledger enhanced by dimensional reporting. The Budgeting feature allows for interoperability with Microsoft Excel and Power BI.
If your business requires cost accounting, the ability to handle multiple currencies or recognize revenues and expenses in periods other than the period in which the transaction is posted – you’ll find a solution in Microsoft Dynamics 365 Business Central.
The financials also provide options for multi-site capabilities and fixed assets management.
As every CFO knows, cash is still king. Cash management capabilities such as bank account management, cash flow forecast, electronic payments and direct debits, easy payment process for customers, and more is available in this power business management system.
Best of all is the straight forward, affordable pricing: Microsoft Dynamics 365 Business Central starts at $70 per user/month.
With Microsoft Dynamics 365 Business Central some of the capabilities you will use to optimize your business include:
- Financial management
- Business Intelligence
- Sales management
- Supply chain management
- Inventory management
- Project management
- Service management
- Warehouse management
- Manufacturing
