Does your workday look something like this? You spend
countless hours sifting through Excel spreadsheets or switching from one
application to another to find the data you need. Eventually, the lost time
adds up—but your workflow doesn’t have to be this inefficient.
Have you heard about Dynamics 365 Business Central? This enterprise resource planning (ERP) software is designed to connect data from several departments in your company and store it in a single database. With it, your staff will have access to all the data they need. And as a business owner, you’ll get a 360-degree view of your operations and know exactly what’s happening with your finances, inventory, customer service, and more. To learn more about buying an ERP system, read our blog.
Have you heard about Dynamics 365 Business Central? This enterprise resource planning (ERP) software is designed to connect data from several departments in your company and store it in a single database. With it, your staff will have access to all the data they need. And as a business owner, you’ll get a 360-degree view of your operations and know exactly what’s happening with your finances, inventory, customer service, and more. To learn more about buying an ERP system, read our blog.
We know what you’re thinking—my business is too small for
this kind of solution. But the truth is that no business is too small for a
solution that will help it be more efficient. If you want to succeed in today’s
competitive market, you have to be faster and sharper than the guy down the
street.
Did you know? A recent survey by Panorama Consulting Solutions found that 64% of business
owners decided to implement ERP software to improve business performance. Source:
Panorama Consulting Solutions 2018 ERP Report.
Whether you run a 10-person shop or a larger company with
up to 50 employees, you really should consider this solution. Here are some of
the ways Business Central will make your company more efficient.
1. Get
a Grip on Your Finances
Let’s say you run a specialty coffee shop. How do you keep
track of all your payments and invoices? Are they piled up in a folder in your
filing cabinet? Do you have one file folder for payables and another for
receivables? Maybe you’re still using a rolodex system to store your client and
supplier contact information!
A management system like Business Central would allow you
to store all invoices, payments and credit card transactions in one place. In
just a few clicks, you’d get a real-time view of your monthly revenue and
expenses. Your accountant would also be happy because she’d have automatic
access to all client transactions. She’d know right away who pays their bills
on time and who doesn’t.
2. Take
Control of Your Inventory
It’s easy for a three-person shop to keep a close eye on
what’s sitting in the backroom. However, as your business starts to grow,
controlling inventory becomes more of a challenge. If you run a catering
business and have a big job coming up, do you have a sure-fire way of knowing
you’ll have enough food to feed your clients? If you run out of chicken breasts
because another member of your staff used them for a recent banquet, you could
be in big trouble. You need a reliable way of managing your inventory. With a
system like Business Central, each chef who works for you would have access to
the same up-to-date information about the number of chicken breasts and salmon
filets that are sitting in your fridge at any given time. No more scrambling to
find a decent supplier at the last minute.
Did you know?
A recent study
by the Motorola Solutions Future of Warehousing predicts that 66% of retailers will make a significant investment
in inventory management technology throughout 2018. Source: SkuNexus,
October 18, 2018.
3. Find
Important Business Information When You Need It
If I asked you how many orders your company got last week,
would you be able to tell me right away? Not all small business owners would
have an immediate answer to this question. That’s because they don’t have
direct access to the data—these figures are usually kept by the accounting or
sales departments and rarely made available to other members of the company.
As we mentioned earlier, you have to be quick on the draw
to last in today’s competitive market. And that means having important
information readily available. Business Central would give decision-makers like
you a complete overview of all your operations, whenever you need it. With just
a few clicks, you would see what the sales department is doing, which customers
have placed orders, and when their products would be shipped. You’d also have
information on client history—such as buying habits—that would help your
customer service agents better respond to your customers’ needs.
4.
Bring Your Accounting Department Up to Scratch
Sluggish accounting is one of the first signs of an
inefficient company. Is your accounting staff still using paper-based invoices
to keep track of sales? Do they spend countless hours manually entering this
information into various accounting and sales applications? Think of what you
could accomplish if all these tasks were automated with a single database!
You’d also narrow the margin of human error that occurs when people have to
enter this kind of information manually.
5. Stop
Fighting with Your Technology
You’re a business person, not a technology wiz. So the
last thing you want to do is spend your day trying to figure out how to customize
and upgrade all your software systems. You’d be better off letting a cloud
provider like LATVIK TECHNOLOGIES build a new solution for you.
We can customize Dynamics 365 Business Central to suit your specific needs. And we can help you expand it when your business starts to grow. You won’t need a whole new infrastructure to run it and won’t have to worry about technical support—because that’s our job. You’ll also benefit from pay-as-you-go billing; you use the applications when you want them, and you’re billed for what you actually use. It’s that simple.
Need More Information Contact Us
We can customize Dynamics 365 Business Central to suit your specific needs. And we can help you expand it when your business starts to grow. You won’t need a whole new infrastructure to run it and won’t have to worry about technical support—because that’s our job. You’ll also benefit from pay-as-you-go billing; you use the applications when you want them, and you’re billed for what you actually use. It’s that simple.
Need More Information Contact Us
Best Regards ,
Latvik Blog Team
LATVIK TECHNOLOGIES ™ 

