Microsoft Dynamics 365 Business Central (BC) is an enterprise resource planning (ERP) solution with strong data management capabilities, but for reporting and business intelligence (BI), users tend to turn to outside tools to extract, analyze, and report their data. Two of the most widely used tools among BC users are Power BI and Jet Reports. […]
Mastering Posting Groups: How They Impact Your Financials
When using financial systems such as Microsoft Dynamics 365 Business Central, posting groups tend to be underestimated by new users and even seasoned consultants. However, these low-level configurations have a bearing on automating and regulating how transactions come into your General Ledger (G/L). In this blog, we will demystify posting groups and illustrate how gaining […]
Which ERP Handles Projects Better for Businesses?
In the context of today’s service business rush, project management isn’t a side business, it’s your business. You’re in a consulting business, an IT services business, a marketing business, or an engineering business; you require an ERP solution that not only keeps numbers in the ledger but gets you projects on target, on schedule, and […]
Evaluating the Necessity of an ERP Upgrade: Essential Factors for Businesses
Enterprise Resource Planning (ERP) systems provide the framework of modern-day business processes, as they automate activities to render them streamlined. As business requirements and technology keep changing, though, an ERP system that would suit an organization at a particular point in time could turn outdated or unsuitable. ERP system upgrading is an enormous undertaking requiring […]
How Microsoft Dynamics Business Central Simplifies Financial Management
Effective financial management is the essence of a successful business. However, most companies have poor financial processes, manual accounting, and limited real-time visibility into finances. Microsoft Dynamics 365 Business Central is a full-cycle ERP solution that streamlines financial management as a process and offers businesses control, accuracy, and transparency. Best Practices Business Central Makes Financial […]
How Businesses Can Prevent ERP Implementation Failure
Enterprise Resource Planning (ERP) solutions play a significant role in automating business processes, enhancing productivity, and streamlining decision-making. ERP implementation has been described as having a historically high failure rate, due to cost overrun to poor user adoption. Companies need to embrace a lower-risk and higher-value strategic plan if they are to survive. The measures […]