FAQ: Microsoft Dynamics 365 Business Central
For about three months, the new ERP solution Dynamics 365 Business Central, previously known as “Tenerife”, is available. You still do not know what’s behind the new name? Then you will find answers here.
What is Microsoft Dynamics 365 Business Central about?
Microsoft Dynamics 365 Business Central is a cloud-based enterprise management solution that includes the full power of the Microsoft Dynamics NAV On Premise solution. It is a scalable and modern SaaS solution that can grow as business needs change.
The features of this all-in-one system give users a comprehensive overview of processes and tasks – for example in the following areas:
Management of Financial Data
- Linking data from different areas – such as orders, purchases or customer interactions
- Create financial charts with integrated Power BI dashboards
- Accelerated financial statements including reporting
- Data analysis and modeling
Automation and Protection of the Supply Chain
- Optimization of stock levels
- Automatic calculation of stocks, delivery times and new orders
- Creation of approval workflows
- Tracking of customer interactions
- Management of service requests
- Processing of payments
- Extended order calculation and reporting function
- Management of resource levels
- Analysis of project performance
- Automation of production plans and orders
- Tracking of item bookings and movements
- Calculation and optimization of manufacturing capacity and resources
Who is Dynamics 365 Business Central suitable for?
Dynamics 365 Business Central is designed for growing mid-sized companies whose original accounting solutions or ERP systems are outdated or have reached their limits. These companies usually require more features than the finance and accounting packages that are being used.
What is the difference between Dynamics NAV and Dynamics 365 Business Central?
With more than 127,000 installations worldwide, Microsoft Dynamics NAV is one of the market-leading ERP solutions for small and medium-sized businesses. Microsoft Dynamics 365 Business Central is a next-generation enterprise management solution. It brings the full functionality of Microsoft Dynamics NAV into the (public) cloud.
What Microsoft Dynamics NAV features are included with Microsoft Dynamics 365 Business Central?
All available features of Microsoft Dynamics NAV are also included with Microsoft Dynamics 365 Business Central (which is the same base of program code). Additionally, Microsoft Dynamics 365 Business Central customers automatically receive service updates as they become available.
Is Microsoft Dynamics 365 Business Central available on mobile devices?
Microsoft Dynamics 365 Business Central can also be accessed on mobile devices. For example, you can navigate through your corporate data, view current charts and KPIs, send sales offers, and send invoices by e-mail.
Is there a link between Microsoft Dynamics 365 Business Central and Microsoft Outlook?
Microsoft Dynamics 365 Business Central integrates all MS Office applications such as Word, Excel and Outlook. For example, within Outlook, you can edit jobs, submit invoices, or create quotes.
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