Side by Side Dynamics 365 Comparison :Business Central, Finance and Supply Chain

The idea of having a smooth operational process at your organization sounds very tempting unless you have to choose between the two options. You have to plan, figure out your business needs, future, and much more to get the one that works for you.

When we talk about ERP business and industry, Microsoft has always been the leader in custom solutions. Since it has been there for many years, many different solutions exist.

Modern ERP solutions enable an organization’s efficient and effective digital transition. One of the advantages of having a successful ERP solution is being able to use the power of data availability to accomplish the organization’s goals, provide a positive disruptive presence in their sector, and outpace the competitors. However, picking an ERP that meets your demands now and in the future can be very challenging.

Let’s compare Microsoft dynamics 365 BC and Dynamics 365 Finance and supply chain without further delay.

What is Microsoft Dynamics365 Business Central?

Business Central is an all-in-one ERP system that combines finance, supply chain management, sales, and customer care. Microsoft’s cloud-based ERP solution is designed for small and midsize businesses.

In addition, it is made to assist businesses in managing their funds, projects, services, production, and shipping. To aid in sales efforts, Business Central has relationship management features too.

Microsoft-Dynamics-365-Business-Central-in-UAE-and-Dubai
Supply-Chain-Management

What are Microsoft Dynamics365 Finance and Supply chain?

It is a powerful and all-encompassing financial, manufacturing, and retail solution. Microsoft Dynamics 365 for Finance and Supply Chain Management streamlines business operations, complicated financial structures, and international expansion while assisting you in managing organizational risk.

Dynamics 365 BC vs. Dynamics 365 Finance and supply chain

Capabilities

Dynamics 365 BC

Dynamics 365 Finance & Supply Chain

Company Size

Small businesses to Midsize companies

Midsize to large enterprises

User Range

5-250

20+ 

Price

  • Dynamics 365 Business Central Essentials: $96.10 Per user/month.

 

  • Dynamics 365 Business Central Premium: $137.30 Per user/month.

 

  • Dynamics 365 Business Central Team Members: From $11 Per user/month.
  • Finance or Supply Chain Management: $180.00 per user/month.
  • Add Finance to Supply Chain or Supply Chain to Finance: $30.00 per user/month.

Business Requirements

With extensions, which are add-on applications that you can find on Microsoft AppSource or your Dynamics 365 partner can design for you, you may increase the business capabilities in Business Central.

Large corporate organizations that need to manage numerous intricate business processes for production and supply chain management may consider finance and supply chain management.

Product Geolocation

For many businesses, the optimal method is to monitor products in Business Central using batch or serial numbers.

Finance & SCM provides extra monitoring through the use of a pallet’s allocated identification number.

Supported Industries

Discrete manufacturing, project management, supply chain management, service management

Manufacturing, Distribution, Project Based including Professional Service industries, Public Sector, Retail.

Manufacturing modes

Discrete manufacturers get the Integrated ERP solution.

The system is intended to be a complete solution for discrete, job shop, process, lean, and mixed-mode production.

Multi-company

You will have the facility of intercompany in Business Central.

Operate several organizations within a single database, with easy interoperability between them.

Service Deployment options

Cloud-based deployment

On-Premise

Hosted

Cloud-based. (Cloud-connected on-premise option coming.) Anywhere, Anyhow, Anytime.

Client Deployment options

Browser

iOS

Android

Windows

ClickOnce

Browser

iOS

Android

implementations

Dynamics 365 Business Central is simple to set up and use.

Dynamics 365 Operations is more functionally rich than typical on-premise ERP software, necessitating more considerations during the setup process.

Business Intelligence

Microsoft Power BI and several other business intelligence software are available in AppSource.

You will have access to Microsoft Power BI and many other BI applications.

Features

  • Financial Management
  • Reporting and Analytics
  • Order Processing
  • Sales & Marketing
  • Warehouse Management
  • Resource & Project Management
  • Service Management
  • Manufacturing
  • Production Planning
  • Production Control
  • Inventory Control
  • Sales Management
  • Purchasing Management
  • Quality Management
  • General Accounting
  • Project Accounting
  • Expense Management
  • Cost Management
  • Accounts Receivable Management
  • Accounts Payable

What is the level of complexity for D365 BC & D365 FSCM?

Business Central And Microsoft Teams Integration

Business Central & Finance and Supply Chain Management are all capable of assisting product-based organizations in industries such as manufacturing and distribution. However, the level of complexity that these systems can handle is proportional to the size of the enterprises to which they are most suited.

Business Central is not a simple solution, but it works best for organizations with defined procedures. For example, integrating Business Central into an existing IT infrastructure is simple for manufacturing companies with sequential activities. Business Central will then manage money, inventory, and supply utilization planning.

Finance and supply chain management collaboration will streamline even the most complicated operations. Your company can use IoT intelligence to control overall production, view all technology involved in a given process, and track pertinent sales and marketing data on the supply chain management side.

The Finance module handles AP and AR, assists your teams in creating and adhering to budgets, and compensates for variations in legislation between the public and private sectors.

Wrap-up

D365 BC is typically known to help small and medium-sized businesses (SMBs), whereas D365 FSCM is thought to benefit complex and huge organizations. This is due to the profiles of their respective installed bases, which support this notion, indicating that the two solutions have settled into their proper positions.

There is a huge overlap in the sizes of organizations that use each product, so it doesn’t really matter how many clients you have or how big your company is. Instead, it is tailored to your specific business requirements.

Are you trying to determine which ERP selection is suitable for your business? We at DFSM can help you with the process, from analyzing business needs to implementing costs. Consult with our team about the ERP, Microsoft dynamics 365 finance pricing, and business central options. Know about Microsoft products and services with us to make your Enterprise Resource Planning – ERP selection process easy.

Microsoft Dynamics Professionals

3 Reasons To Integrate Dynamics 365 CRM With Your Accounting

Accounting CRM exemplifies how this type of management software may be beneficial to departments other than marketing and sales (contrary to what some may think). In reality, a properly deployed Dynamics 365 CRM centralizes all of your data. And also brings all of your company’s stakeholders together (clients, external collaborators, vendors, suppliers, etc.). What’s the end result? It becomes much easier to manage your relationships and conversations.

What are the most common features of Microsoft Dynamics 365 for accounting to help you with it?

Office 365

Dynamics 365 CRM Features

Here are some of the most compelling features you can look forward to in a Microsoft Dynamics 365 solution and enhance your project management.

Dynamics 365 includes robust reporting and analytics features that let you swiftly gather information, track performance, and make data-driven choices.

Dynamics 365 combines CRM and ERP functionality, allowing you to manage all of your sales, marketing, customer support, and operations processes in one place.

Within the CRM, app modules allow you to construct bespoke, highly targeted apps or business process flows.

Dynamics 365’s unified UI adapts to the device or screen being used. And ensures a consistent and highly accessible experience across the web, Outlook, and mobile devices. Ultimately, making it easy for you to tackle any business operations and customer service.

Moreover, here are 3 compelling reasons to use Dynamics 365 CRM as your accounting tool to help your company develop.

3 Reasons to get Microsoft Dynamics 365 CRM for accounting

Once you have the opportunity locked in CRM, the following process is billing. Customers will go away if the software is prone to error or slow.

Billing creates invoices immediately from the date entered into the Accounting software, turning billing into a simplified, error-free process that improves customer satisfaction and cash flow. Billing automates your invoicing process by drawing on data currently stored in CRM, eliminating the need for manual re-keying or complicated integrations.

As invoices are stored in CRM, users can take advantage of the platform’s easy customization to develop and streamline invoice payment and collection policies. Furthermore, moving the billing process from the back office to CRM allows the entire business to communicate in real-time.

Besides that, CRM also automates reporting, helping you to gain greater clarity and financial insight into sales, marketing, and other things.

Many businesses do not map the entire accounting entity. That is why companies employ journal entries, such as payroll summaries at the end of the pay period, retail sales at the end of the day/week/month, or deferred revenue recognition. All of these accounting entries can be automated with the help of additional apps like CRM, Timesheet, and Point of Sale.

Bottom line

Well, we all can agree that Microsoft products never fail to amaze us. So, be it field service or financial management of cash flow, we can always rely on Microsoft and its tools. Now, if you are looking for ways to improve your accounting department, let the DFSM help. Our experts can implement the custom Dynamics 365 accounting solution for you.

WHY DFSM

Dynamics 365 Quickbooks Integration

An organization’s sales and accounting departments are mutually dependent. For transparent transactions, both require some info from the other. However, because both divisions use distinct programs, syncing Sales and Accounting can be difficult for management.

Confidential data must be controlled at all times, and every step and transaction must be monitored to assure data integrity. It has an exorbitant expense of managing two systems separately, and a significant portion of the manpower is squandered.

Because of its intuitive functional architecture, many firms utilize Dynamics 365 CRM to manage their sales. However, Sales isn’t Dynamics 365’s only feature; it may be coupled with other systems to execute tasks that go beyond its designated touchpoints. Integrating Dynamics 365 with Accounting Systems is an excellent way to get the best of both worlds.

QuickBooks

Does Dynamics 365 integration with QuickBooks?

Intuit QuickBooks is a popular accounting system that works well with Dynamics 365 CRM, and combining the two can be a game-changer. It may be used to embed accounting data within Dynamics 365 CRM, allowing the Sales and Accounting teams to work together seamlessly.

Does QuickBooks have CRM capabilities?

Not really. Intuit’s QuickBooks is an accounting solution that is especially popular with small and medium businesses. It becomes vital to develop a Customer Relationship Management (CRM) system as a firm grows.

These businesses may at first try to use QuickBooks as a CRM (not a good idea!), but they will eventually opt for a CRM that is specifically designed for QuickBooks Online. This is when QuickBooks integration with business central can improve its abilities a lot.

Microsoft erp and crm

Integrate QuickBooks

QuickBooks and Dynamics 365 are a great match and can be unbeatable when used together. These solutions may be used to integrate accounting data with CRM, allowing for seamless communication between sales and accounting staff. Sales management is one of the features of Dynamics 365 CRM, but it’s not the only one. Its integration with other systems, such as QuickBooks, allows it to go beyond its initial purpose in terms of performance. It has been demonstrated that moving to an interface that integrates Microsoft 365 and QuickBooks into one is a lifesaver for business efficiency.

Purpose of Integration
Integrate QuickBooks with Dynamics 365/CRM to:

QuickBooks to ERP

Process:

The Quickbooks and CRM integration process entirely depends on your needs. However, you can look into how to integrate QuickBooks API on your own by using the API.

Just be cautious!

And be aware that this will necessitate a thorough examination of the QuickBooks API documentation. The QuickBooks Online API documentation on the Intuit Developer site (link at bottom) is actually fairly well organized, but it doesn’t make the work any easier.

You’ll need an Intuit Developer account to get started. Then, in order to generate your development keys, you must first construct your app. Finally, you can go to the OAuth 2.0 authentication, which is always a pain, and then to the required API requests.

ERPCRM

Get in touch

The process for integrating QuickBooks is completely different for every organization. So, if you are looking for professional assistance on this matter, we at DFSM have a great deal for you.

Be it Microsoft power automate QuickBooks implementation or simple integration, we analyze your business before getting into the real process. Then offer a most suitable solution of integration. You can also reach to us for Microsoft products, including Microsoft Dynamics 365 and Microsoft office 365 related queries. Reach now for more!

dfsm team

Dynamics 365 & Power Platform 2022 Release Highlights

Microsoft’s recent announcement on the Power Platform’s new advancement has brought various updates focusing on team-based collaboration, customer experience, mobile capabilities, people management, and financial transaction ease.

From April until September, the first wave of the 2022 release will take place, with regional deployments beginning on April 2. As we all know, these release plans might be a lot to take in all at once. As a result, we’ve compiled a list of important updates from various modules.

Microsoft-Power-Platform

Model-driven apps 

Microsoft is planning to replace the legacy advanced find experience with a modern advanced find with a new view management experience in the next Release Wave. This includes the following:

Other than modern fine you will also have other features including:

Dynamics 365 Sales

Sellers can now take advantage of the power of data and intelligence to aid them before, during, and after each encounter. Furthermore, to speed their pipeline, sellers can focus on the most important operations and communicate using Teams from within Dynamics 365. These changes will enable your salespeople to close more deals faster while being as productive as possible.

Powerful new enhancements to Dynamics 365 Sales: The following are some of the most intriguing aspects of our watch:

Dynamics 365 Marketing

By enabling collaborative content creation with Microsoft Teams, Dynamics 365 Marketing continues to invest in collaboration. Marketers can improve authoring efficiency by using content fragments and themes. Marketers can now author content with deep customization utilizing codeless experiences thanks to investments in data and AI.

The major developments include:

Microsoft Dynamics 365 sales & marketing

Dynamics 365 Customer Service

Improved email templates are the most interesting changes to the Customer Service module for the initial version of the 2022 release. As a result of the enhanced feature, you will be able to:

In the new insert template experience, there’s a new template gallery with a variety of views and search options based on title, subject, and content.

Filters can be customized and saved as a new query that users can use to choose templates in the future.

The other developments are:

Economic Impact

Dynamics 365 Field Service

In the latest release of Dynamics 365 Field Service, there are improvements to mobile usability.

Customizable quick action shortcuts from the booking calendar control and asset data displayed within the booking form will be added to the mobile experience.

Power Apps Web Portals

A new option for leveraging Dataverse record search across tables and columns in portals in compliance with security limitations will be included in this Release Wave. This will be the default experience for all new portals, and Microsoft believes that Dataverse search will eventually replace the present search experience, though no specific timeframe has been provided. (It will be available in April.)

Field Service

What’s more?

Relevance search will take the role of the existing portal’s global search capabilities. Among the new capabilities that give knowledge articles, an extra layer of portal access control is additional filter limits and content level access.

Power BI

So, what's new in power bi?

Power BI will fully connect with Outlook and Office Hub in this iteration, which is a unique feature. Customers may now quickly and easily locate and consume data and insights in context thanks to this update. This feature aids in the development of an organizational data culture.

Power BI will fully connect with Outlook and Office Hub in this iteration, which is a unique feature. Customers may now quickly and easily locate and consume data and insights in context thanks to this update. This feature aids in the development of an organizational data culture.

Power BII
WHY DFSM

Bottom line

In this blog, we’ve highlighted a few of the 2022 Release Plan’s most outstanding and anticipated features, but there are many more. Stay with us and DFSM will keep updating you on the new features or any updates on Microsoft Dynamics 365. If you are looking for a relevant D365 solution or want to know about Microsoft products and services, reach out, and let’s see which solution fits your organization.

Power Platform 2021 highlight & success stories

Microsoft’s Power Platform plan of release for Power Platform 2021 Wave 1 is here. With it come all the new updates for Power BI, Power Apps, Power Apps portals, Power Automate, Power Virtual Agents, AI Builder, governance, and administration, ISV experiences, and data integration. The Microsoft 2021 release process of updates will go from April 2021 to September 2021.

power-plaform-implementation

Highlights of Microsoft power platform 2021 release wave 1 plan

power-bi

So, what is the Microsoft power platform?

Microsoft Power Platform provides governance and management, and ISV experience features through Power Apps, Power Automate, and Microsoft Dataverse. These capabilities are intended to assist managers, ISVs, and IT professionals in building, deploying, securing, managing, governing, and monitoring the platform and its components across the enterprise.

Microsoft’s Power Platform allows users and companies to evaluate, act, and automate data to transform their businesses digitally. 

Today, Microsoft Power Platform consists of four products:

Power BI:

 

Power BI continues to invest in three main areas that foster a data culture: fantastic data interactions, new business BI, and team collaboration integrations. Power BI Embedded is a new version of the product that helps customers boost their ROI, scale quickly, and achieve up to 16X faster performance. Customers would now have insight into workspace usage, allowing for more consistent utilization analysis and cost control. Power BI Premium continues to add features that help companies deliver insights at scale and meet the most challenging business requirements.

This release introduces new flexible licensing models that enable businesses to choose between per-user and per-capacity licensing. Power BI Pro provides AI-enhanced insights to make it simple for everyone to find information. The new fast build experiences make it easier than ever to create Power BI content.

Power Apps:

 

Power Apps blend the power of rich shapes, views, and dashboards modeled over data in Microsoft Dataverse with the versatility of a blank canvas that can link to any data source. Duplicate detection has been added to the Unified Interface experience and improved usability for business process flow on mobile, improved global relevance search, and in-app alerts for model-driven applications in this version.

  1. AI Builder will debut new AI features in preview, as well as enhancements to form processing. New capabilities include new area availability and signature detection in form processing, which detects whether a signature exists at a particular position in a document.

Power Apps portals improve Power BI integration by supporting Microsoft Azure Analysis Services live connections and the Customer Data Power BI feature, which sends additional context for users to personalize reports and dashboards.

Power bi
power automate

Power Automate:

 

Improvements to the cloud’s flow include an operation trigger for when an operation is performed in the Microsoft Dataverse. This function makes it easier to work with the common events model and integrates it with Dynamics 365 Finance and Operations. By providing a runtime within the target Citrix world, desktop flows boost our support for UI automation on Citrix environments. Process advisor, a Power Automate capability that reveals insights into how people function and provides rich visualizations where users can find routine, time-consuming processes that are ideally suited for automation, is new for this release. With Power Automate Desktop, users would be able to record routine, manual processes.

Power Virtual Agents:

 

Power Virtual Agents enhance the authoring experience with list variables, subject recommendations from bot sessions, adaptive cards, and other features. Power Automate integration with improved error handling and new topic trigger management are also included to boost the bot’s triggering capabilities.

Microsoft Power Virtual Agents
Power bi consultant

Data integration:

 

With built-in access to the Microsoft Power Platform, other platforms and data from hundreds of business systems, the updated Data Integration allows for rich and intelligent experiences. This release wave includes a slew of new features, including enrichment via Azure Maps integration, gateway diagnostics, improved error management, visual data prep for Power Query Desktop, and security enhancements.

Some of the companies are already benefiting from these new capabilities. Let us walk you through some of the top examples:

  1. Rockwell Automation, a global leader in industrial automation, is leveraging Power BI and many of our AI technologies to extract valuable insights from data and act on those insights in common environments like Teams and Microsoft Excel.
  2. The Coca-Cola Company has recently begun using Power Platform as part of its digital transformation activities, creating impressive business solutions with Microsoft Power Apps, Microsoft Power Virtual Agents, and Microsoft Power Automate, including the latest Power Automate Desktop and Robotic Process Automation (RPA) capability.

Bottom Line

 

With the updates in the 2021 Power Platform Wave 1, you will face many new features that may cause challenges. For this purpose, you need experts to implement the Microsoft Power Platform within your company. You have turned to the right place as DFSM is prepared to help you personalize the integration of new features as per your business needs.

Dynamics 365 add-ons the ultimate guide 2021

Before we begin guiding you through the new add-ons let’s answer; What even is an add-on module in Dynamics 365?

Simply put, this is a software component that provides additional functionality to extend and incorporate your ERP vendor’s basic kit. Companies have deemed that the best breed strategy is to pick ERP add-on modules from various suppliers.

Why Should You Consider Implementing Add-on Module in Dynamics 365?

(more…)

Business Central and D365 Sales Integration

The Dynamics 365 Business Central and Dynamics 365 Sales models simplify data between the Microsoft Dynamics 365 Sales and Dynamics 365 Business Central, which are the most frequently used modules. DHRP includes an easy-to-install and ready-to-use integration option for Dynamics 365 Sales to Dynamics 365 Business Central. It enables Dynamics 365 Sales users to integrate data as a one-time bulk import between Dynamics 365 Business Central and Dynamics 365 Sales, as well as set up real-time or change-based maps to keep both systems in sync. For further integration, one can use the maps.

API in business central.
balance sheet

·     Accounts

 

Permissions for the integration user account require configuration when you install the Integration Solution. You might need to reset them if those permissions are changed. By reinstalling the Integration Solution on the Dynamics 365 Connection Setup page, you can do that by selecting the Redeploy Integration Solution. There are the following security positions enlisted:

  • Dynamics 365 Business Central Integration Administrator
  • Dynamics 365 Business Central Integration User
  • Dynamics 365 Business Central Product Availability User

Invoices & Invoice adjustments

 

After setting the user accounts and permission, you will also have to work on the invoices. The invoices page helps you handle the synchronization. For example, Posted invoices for purchases are synchronized with invoices for sales. It is easier to synchronize all other agencies that can participate in the invoice, from salespersons to price lists, before an invoice can be synchronized. The Salesperson Code’s meaning in the invoice header in Sales determines the owner of the coupled entity.

invoice automation d365

·     Currencies

 

Your business may also be using different currencies. The integration of the D365 sales and business Central allows you to manage multiple currency accounts easily. The synchronization of currency in Business central and transaction currency in sales enables you to manage different currencies through a single dashboard.

·     Items

 

Next, we have the synchronization of Items and products. In Dynamics 365 Sales, Business Central automatically maintains a price list while synchronizing items with Dynamics 365 Sales goods. You should not manually change this price list to prevent synchronization errors.

Microsoft_Dynamics_365 ecommerce
advanced warehouse d365

·     Pricelist items

 

This is an essential entity, as you might imagine. The price list item is a key order since it sets out the amounts that can be offered for the commodity (unit group and unit), the price list (price list and price list item), the product (discount list and the product itself), and the discounts. The creation of price list products is the focus of a useful product catalog.

·     Territories

 

Manage sales territories, and with integration, you can have improved sales results and handle them geographically – enhancing Market Potential by focusing on facilities or sales within the jurisdiction of the territories.

·     Units of Measure

 

Units of measure and unit group can be done through custom integration as you need to have multiple units of measure, and synchronizing both can bring more visibility and clarity.  You can assign both the base unit and alternate units to set them for automation further.

·     Warehouses

 

From orders to the packing and shipping, all can be managed from one platform. Using a DFSM integration solution can make you have all in front of you when you need it. Information from all the warehouses, despite the location, will be easy to access and control from anywhere.

DFSM has the solutions to ensure you get the integration solution for Dynamics 365 sales and Business Central according to your business needs. So, if you need more information and want to get started, let us help.

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