Business Central Financial Management
Gain control & insights. Simplify tasks, automate processes, & make informed decisions with our comprehensive financial management solution.
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Subscribe NowThe Finance & Operations module of Microsoft Dynamics 365 Business Central (formerly known as Dynamics NAV or Navision) is a comprehensive enterprise resource planning (ERP) solution designed to streamline financial management, automate operations, and improve overall business productivity. It is designed to cater to the needs of small and medium-sized businesses (SMBs) and can be used across various industries.
Key features of the Finance & Operations module include:
This includes features like General Ledger, Accounts Receivable, Accounts Payable, Fixed Assets, Bank Management, Cash Flow Forecasting, and more. It provides businesses with real-time visibility into their financial performance and helps in making data-driven decisions.
Businesses can create, manage, and monitor budgets across different dimensions such as department, project, location, or product. It allows for tracking costs and comparing actual vs. budgeted figures.
The module helps in optimizing the supply chain with features like Purchase Order Management, Sales Order Management, Inventory Management, Manufacturing, Warehousing, and Distribution. It enables businesses to manage inventory levels efficiently and ensure timely deliveries.
It includes features like Employee Management, Payroll Processing, Time Tracking, Benefits Administration, and more. It helps businesses manage their workforce effectively and ensures compliance with labor laws and regulations.
This feature enables businesses to manage projects from planning to execution, tracking time and resources, managing budgets, and analyzing project profitability.
Business Central provides tools for compliance with regulations such as GAAP, IFRS, Sarbanes-Oxley, and others. It offers pre-built reports and dashboards for financial and operational insights.
With built-in Power BI integration, Business Central allows for creating customized reports and dashboards for better data visualization and analysis.
Business Central is built on a modern, cloud-based architecture that supports seamless integration with other Microsoft products and third-party applications. It also offers APIs and development tools for extending the platform's capabilities.
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Request A QuoteSome of services offered by us as Microsoft partners and service providers include:
Dynamics 365 Finance offers several benefits to organizations seeking to enhance their financial management processes. Here are key advantages and benefits associated with using Dynamics 365 Finance:
Provides a unified platform for managing various financial processes, including general ledger, accounts payable, accounts receivable, budgeting, and more.
Enables organizations to gain real-time visibility into their financial data, allowing for informed decision-making and proactive financial management.
Supports data-driven decision-making by providing actionable insights into financial performance, budget variances, and other key metrics.
Automates routine financial processes, such as invoicing, payment processing, and expense management, reducing manual work and minimizing errors.
Helps organizations optimize cash flow by providing tools for cash flow forecasting, monitoring, and analysis.
Streamlines the budgeting and forecasting process, allowing organizations to create, manage, and analyze financial plans effectively.
Facilitates effective management of project finances, including budgeting, cost tracking, and revenue recognition.
Assists organizations in adhering to financial regulations and compliance standards, helping to mitigate risks.
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