In a world where companies are growing at unprecedented rates, it is important to have the right ERP system in place. A lot of companies struggle with this question and don’t know when they should change their ERP system or what system to switch too. This blog post will discuss some common problems that arise for companies using traditional ERP systems and how Microsoft Business Central can be the solution in these situations.
Here are some common problems people have with traditional ERP systems:
Too many features for a company to use and understand. This can lead to poor adoption of the system because employees don’t see any need or reason to learn something new when they’re already productive in their current tool. It also means that they get bogged down by the complexity of the system and are less likely to do anything outside their usual routine.
Lack of scalability for a company’s changing needs. This can lead to employees spending too much time trying to customize reports or dashboards in order to get what they need from the data, instead of being able to focus on actually understanding it all well enough to make decisions.
Inability to support a company’s international needs. If your company deals with different languages and currencies, then you need a system that is designed for this so employees don’t have headaches while trying to learn how everything works if they do any task outside their normal scope of responsibilities. It should also be able to take into account which symbols are used before data goes in as well as know what currency conversion applies at all times.
Difficulties adapting for growth: If your business is growing quickly and you’re not able to keep up with customer demand because your ERP system can’t handle more than a certain number of customers at one time or has problems scaling when new locations open, then this may become an issue. This could lead you into wanting many different features which end up making things even worse instead of better!
Microsoft Business Central is designed to solve these problems. It has no limitation on features so that you can use what you need and not have to learn too much, it scales with your company’s needs without needing customization from the user side, doesn’t have any limitations or issues when dealing with different languages or currencies, and as a cloud-based system can grow with you!
Here are some ways Microsoft Business Central will make life easier for employees:
Easier adoption of new systems: Employees never feel like they’re being forced into something new because there’s nothing in this system to be intimidated by. Makes data easy to understand – The clear design makes everything really simple while still having all the power necessary for anyone who wants more advanced features to be able to learn them.
Makes data easy to understand: The clear design makes everything really simple while still having all the power necessary for anyone who wants more advanced features to be able to learn them. This system was designed by people who know about how data entry can get bogged down when there are too many steps. The design is streamlined so no time is wasted in the system.
Looks great on any device: This is a cloud-based system so the layout automatically changes when you use it from different devices!
Easier for international businesses: Since there are no limitations, this can work with any language out of the box and has currency conversion built in too.
Better for growth: If your company is growing quickly or internationally, then Microsoft Business Central will have features that make things easier instead of harder as your business expands to new areas and languages. It’s also easy enough even if you’re only using one country because everything works well without customization needed by employees.
Better for employees: Microsoft Business Central was designed to be easy and intuitive which means it will always work on your side, not against you! Employees never have to worry about too many features because they’re only getting what’s important at all times. It also doesn’t matter where somebody is working from or who they are because everything can be done without any limitations whatsoever!”
Microsoft Business Central was designed by people who know about how data entry can get bogged down when there are too many steps. This system was designed to be easy and intuitive which means it will always work on your side, not against you! Employees never have to worry about too many features because they’re only getting what’s important at all times. It also doesn’t matter where somebody is working from or who they are because everything can be done without any limitations whatsoever!
Getting Started with Microsoft Business Central
Business Central includes standard configurations for most business processes. For example, your chart of accounts is prefilled with a number of posting accounts ready to be used. If you want change the settings or add features, this can easily be done from the menu option called “Settings.” From there you’ll find assisted setup guides that will assist in configuring certain scenarios and adding more features if desired!
Setting up your business process manually, rather than relying on the assisted setup guide can be a lifesaver. The following list outlines some of the functionality you might want to set up yourself:
- Setting Up Finance: Set up payment methods, currencies, and the chart of accounts, and define rules and defaults for managing financial transactions.
- Setting Up Banking: Set up your own and your vendors’ bank accounts and enable services for importing and exporting bank files.
- Setting Up Sales: Configure the rules and values that define your company’s sales policies, register new customers, and set up how you communicate with customers.
- Setting Up Purchasing: Configure the rules and values that define your company’s purchasing policies, register new vendors, and prioritize your vendors for payment processing.
- Setting Up Inventory: Configure the rules and values that define the company’s inventory policies, set up locations if you keep inventory in multiple warehouses, and categorize your items to improve searching and sorting .
- Report Selection in Business Central: Specify default reports to be used for different document types.
- Setting Up Project Management: Set up resources, time sheets, and jobs to manage projects.
- Setting Up Fixed Assets: Configure how to insure, maintain, and depreciate fixed assets, and how you record the costs of fixed assets in your company books.
- Setting Up Warehouse Management: Define the general rules and values for warehouse processes and the specific handling at each location.
- Setting Up Manufacturing: Prepare production BOMs and routings to define how end items are produced, and prepare machine or work centers to perform the required operations.
- Setting Up Service Management: Establish standard services, symptoms, and fault codes and set up the service items, resources, and documentation needed to provide service to your customers.
- Setting Up Complex Application Areas Using Best Practices: Read best practices for setting items up for up inventory costing and supply planning.
- Setting Up a Company With Rapid Start Services: Improve the quality of implementation and shorten deployment time by using a toolset for setting up a new company using wizards, templates, worksheets, and customer questionnaires.
- Importing Business Data from Other Finance Systems: Transfer customers, vendors, inventory, and bank accounts information from another system into Business Central.
- Using Business Central as Your Business Inbox in Outlook: Use Business Central Outlook add-ins to see financial data related to customers and vendors or create and send financial documents, such as quotes and invoices.
- Enabling Your Business Data for Power BI: Get insights into your Business Central data with Power BI and the Business Central content packs.
- Using Business Central in an Automated Workflow: Use your Business Central data as part of a workflow in Power Automate.
- Connecting to Your Business Central Data to Build a Business App Using Power Apps: Make your Business Central data available as a data source in Power Apps.
- Changing from a QuickBooks App to Business Central: Use dedicated Quickbooks migration guides.
- Getting Business Central on Your Mobile Device: Access your Business Central data from your mobile device.
- Bulk Invoicing for Microsoft Bookings: Do bulk invoicing of appointments created in Bookings.
- Set Up Email Manually or Using the Assisted Setup: Set up an SMTP server to enable e-mail communication in and out of Business Central
- Create Number Series: Set up unique identification codes for records, such as cards, documents, and journal lines, to track them in the system.
- Set Up Base Calendars: Set up and assign a base calendar to your company and its business partners, such as customers, vendors, or locations. Delivery and receipt dates on future sales order, purchase order, transfer order, and production order lines are then calculated according to the calendar’s specified working days.