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In the world of business, having access to accurate and timely information is crucial. It enables organizations to make informed decisions, stay ahead of the competition, and achieve their goals. This is where Business Intelligence (BI) comes in – it provides valuable insights into business performance through the analysis of data. And with the increasing use of technology in business, BI has become an integral part of every organization’s operations.


One of the most popular BI tools in use today is Microsoft Power BI. Power BI is a cloud-based business analytics service that provides interactive visualizations and business intelligence capabilities with an interface that is simple enough for end-users to create their own reports and dashboards. Another powerful tool in the Microsoft stack is Dynamics 365 Business Central, which is a cloud-based enterprise resource planning (ERP) system that offers financial management, supply chain management, and customer relationship management functionality.


Together, these two tools offer a powerful combination of BI and ERP capabilities that can help organizations make better decisions, improve their processes, and gain a competitive edge in their industries. In this blog post, we’ll explore the future of business intelligence with Power BI and Dynamics 365 Business Central.


Transforming Business with Power BI and Dynamics 365 Business Central


Real-time insights and analytics

One of the biggest advantages of using Power BI and Dynamics 365 Business Central together is the ability to access real-time insights and analytics. With Power BI, you can create interactive dashboards and reports that provide a real-time view of your business data. This means you can make decisions based on the most up-to-date information, and respond quickly to changes in the market.


Better decision-making

Power BI and Dynamics 365 Business Central offer a unified view of your business data, which means you can analyze information from multiple sources in one place. This makes it easier to identify patterns and trends, and make better decisions based on the insights gained from the data. With Power BI’s machine learning capabilities, you can even predict future outcomes and make proactive decisions that can improve your business performance.

Collaboration tools for improved communication


Power BI and Dynamics 365 Business Central offer collaboration tools that enable teams to work together more effectively. With Power BI, you can share dashboards and reports with others in your organization, and even collaborate in real-time. With Dynamics 365 Business Central, you can share data across departments and ensure everyone is working with the same information. This can lead to better communication, improved productivity, and faster decision-making.


Robust security features for data protection


With the increasing importance of data security and privacy, Power BI and Dynamics 365 Business Central offer robust security features that can help protect your data. With Power BI, you can control access to your reports and dashboards, and even encrypt your data in transit and at rest. With Dynamics 365 Business Central, you can define user roles and permissions to ensure that sensitive data is only accessed by authorized personnel.


Scalability and flexibility for business growth


As your business grows, Power BI and Dynamics 365 Business Central can grow with you. With Power BI, you can easily scale up or down as needed, and even integrate with other Microsoft tools and services. With Dynamics 365 Business Central, you can customize your ERP system to meet your specific business needs, and even add new functionality as your business evolves.


The future of business intelligence with Power BI and Dynamics 365 Business Central is bright. These two powerful tools offer a unified view of your business data, real-time insights, enhanced collaboration, and robust security features that can help organizations make better decisions, improve their processes, and gain a competitive edge in their industries. With the increasing importance of data in business, Power BI and Dynamics 365 Business Central are essential tools that every organization should consider.

Revolutionizing Business Intelligence: Key Trends Shaping the Future


AI and machine learning

The integration of AI and machine learning capabilities into Power BI and Dynamics 365 Business Central is expected to be a major trend in the future of BI. These tools can analyze data at scale, identify patterns and anomalies, and even predict future outcomes. With machine learning algorithms, businesses can automate repetitive tasks, improve decision-making, and enhance their overall performance.


Augmented analytics

Augmented analytics refers to the use of AI and machine learning to automate and improve the data preparation and analysis process. This means that end-users can create their own reports and dashboards with minimal effort, allowing them to focus on extracting insights and making decisions. This trend is expected to continue in the future, making BI more accessible to non-technical users.


Cloud-based BI

Cloud-based BI solutions like Power BI and Dynamics 365 Business Central offer several advantages over traditional on-premises solutions. They are more scalable, cost-effective, and accessible from anywhere. With the increasing adoption of cloud technology, it is expected that more businesses will move their BI solutions to the cloud in the future.


Integration with other tools

Power BI and Dynamics 365 Business Central already integrate with other Microsoft tools and services, such as Excel, SharePoint, and Teams. In the future, we can expect even tighter integration with other BI and ERP tools, as well as third-party software. This will make it easier to access and analyze data from different sources, and improve collaboration across teams.


Data governance and privacy

Data governance and privacy will continue to be major concern for businesses in the future. Power BI and Dynamics 365 Business Central already offer robust security features, but we can expect even more emphasis on data governance and privacy in the future. This includes features like data lineage, data cataloging, and compliance with regulations like GDPR and CCPA.


Real-time analytics and IoT

Real-time analytics and the Internet of Things (IoT) are already transforming the way businesses operate. With real-time analytics, businesses can make decisions faster and respond to changes in the market more effectively. IoT devices generate vast amounts of data that can be analyzed to improve operations and gain insights. Power BI and Dynamics 365 Business Central already support real-time analytics and IoT integration, and this trend is expected to continue in the future.


Self-service BI

Self-service BI refers to the ability of end-users to create their own reports and dashboards without the need for IT intervention. This trend is already well-established, but we can expect even more emphasis on self-service BI in the future. This will enable businesses to be more agile and responsive, and reduce the burden on IT departments.


Wrapping up


Business Intelligence (BI) plays a significant role in helping organizations make informed decisions, stay ahead of the competition and achieve their goals. One of the most popular BI tools is Microsoft Power BI and Dynamics 365 Business Central. Together, they offer a powerful combination of BI and ERP capabilities that can help organizations make better decisions, improve their processes, and gain a competitive edge in their industries. The future of business intelligence with these tools looks bright with trends such as AI and machine learning, augmented analytics, cloud-based BI, integration with other tools, data governance and privacy, and real-time analytics and IoT expected to shape the industry.

Streamlining Business Operations with Great Innovus‘ Power BI and Dynamics 365 Business Central Integration

Great Innovus is a company that specializes in providing cutting-edge technology solutions to businesses across various industries. One of the key solutions that Great Innovus offers is the integration of Power BI and Dynamics 365 Business Central, which has the potential to revolutionize the way businesses approach business intelligence.


By integrating Power BI and Dynamics 365 Business Central, Great Innovus helps businesses gain real-time insights and analytics, enabling them to make better decisions based on up-to-date information. This integration also offers a unified view of business data, making it easier to analyze information from multiple sources in one place and identify patterns and trends. With machine learning capabilities, businesses can even predict future outcomes and make proactive decisions to improve their performance.


Great Innovus also helps businesses improve collaboration by leveraging the collaboration tools offered by Power BI and Dynamics 365 Business Central. By sharing dashboards and reports and collaborating in real-time, teams can work together more effectively, leading to better communication, improved productivity, and faster decision-making.


Great Innovus helps businesses enhance their data security by leveraging the robust security features offered by Power BI and Dynamics 365 Business Central. By controlling access to reports and dashboards, encrypting data in transit and at rest, and defining user roles and permissions, businesses can ensure that sensitive data is only accessed by authorized personnel.


Finally, Great Innovus helps businesses scale and customize their solutions to meet their specific needs. With the scalability and flexibility offered by Power BI and Dynamics 365 Business Central, businesses can easily adjust to changing business requirements and even integrate with other Microsoft tools and services to further streamline their operations. Overall, the potential of Power BI and Dynamics 365 Business Central, coupled with the expertise of Great Innovus, can help businesses achieve unprecedented levels of efficiency, productivity, and performance.


For more information on Business Intelligence with Power BI and Dynamics 365 Business Central, connect with the experts at Great Innovus.

Microsoft Dynamics 365 Business Central is an all-in-one business management solution designed for small and medium-sized businesses. It helps companies to streamline their financial and accounting processes, manage sales and purchase orders, optimize inventory levels, track manufacturing and distribution processes, and much more.


Business Central is part of the Microsoft Dynamics 365 suite of business applications and can be used as a standalone product or integrated with other Microsoft applications like Office 365, Power BI, and PowerApps. It can be deployed on-premises or in the cloud, giving businesses the flexibility to choose the deployment option that best suits their needs.


Business Central has a user-friendly interface that allows users to access important business data in real-time, from anywhere, using any device. It provides powerful reporting and analysis capabilities, enabling businesses to make data-driven decisions and gain insights into their operations. The solution also supports multiple currencies, languages, and regulatory requirements, making it ideal for businesses operating in multiple countries.

What are the Primary Features of Business Central?

Microsoft Dynamics 365 Business Central is a comprehensive business management solution offering many features and capabilities. Some of the primary features of Business Central include:


Financial Management: Business Central offers a comprehensive financial management system that allows users to track and manage their finances, including accounts payable and receivable, general ledger, bank reconciliation, and cash management.


Supply Chain Management: Business Central offers robust supply chain management capabilities, including inventory management, order management, and purchasing.


Project Management: The platform allows businesses to manage their projects by creating project budgets, tracking project expenses, and monitoring project progress.


Human Resources: Business Central offers human resources management capabilities, including employee records management, time and attendance tracking, and benefits administration.


Business Intelligence and Reporting: The platform offers a range of business intelligence and reporting tools, including financial reporting, business analytics, and data visualization.


Integration with Other Microsoft Products: Business Central integrates with other Microsoft products, including Power BI, PowerApps, and Office 365, allowing businesses to streamline their workflows and improve productivity.


Mobile Access: Business Central is available on mobile devices, enabling users to access the platform and complete tasks on-the-go.

These are just some of the primary features of Microsoft Dynamics 365 Business Central. The platform is highly customizable, and businesses can tailor it to meet their unique needs and requirements.

What are the recent key changes in Business Central?

 

There have been several key changes in Business Central over the past few years. Some of the recent key changes include:

Refreshed User Experience: Business Central has a refreshed user interface that maximizes screen space and simplifies navigation throughout the program, leading to increased productivity.


Availability: Business Central can be deployed on-premises, in-cloud, or in a hybrid installation, allowing businesses to manage operations from anywhere, at any time.


“Tell Me” Feature: The “Tell Me” feature helps users search for pages or reports quickly and with fewer clicks, resulting in more efficient navigation.


Filtering: The new filtering pane on the sides of panels makes it easy to apply multiple predefined or custom filters to lists, which are kept as users navigate between pages.


Copy and Paste Rows: This feature allows users to copy and paste rows into the same or similar lists within the application, resulting in more efficient data management.


Enhanced Experience with Embedded Power BI: With a more seamless connection between Microsoft Power BI and Business Central, users can share information promptly and manage reports without leaving the app.


Changing Permission Sets: Customizable permission sets allow users to add, remove, or change permissions based on changing business environments.


Integrations: Business Central can seamlessly integrate with other Dynamics 365 apps, as well as intelligent platforms like Power Apps, Power BI, Power Automate, and technologies such as AI/ML, to provide actionable insights for efficient business operations globally.


Customization via Extensions: Business Central allows third-party customization and extensions to provide enhanced features for business continuity, even in challenging times.

What are the hosting options for Microsoft Dynamics 365 Business Central?

Microsoft Dynamics 365 Business Central offers flexible hosting options to suit the diverse needs of businesses. Here are the hosting options for Business Central:

Cloud-hosted: 

Business Central can be deployed in Microsoft's cloud environment, which is known as Azure. This deployment option eliminates the need for businesses to maintain their hardware and infrastructure, and it provides scalability and high availability.


On-premises: 

Business Central can also be hosted on-premises, which means that the software is installed on servers that are located on the business's premises. This deployment option gives businesses complete control over their data and infrastructure.


Hybrid: 

Business Central can be hosted in a hybrid deployment, which combines the benefits of both cloud and on-premises hosting. With this option, businesses can keep critical data on-premises while taking advantage of cloud-based services for other operations.

Business Central's hosting options provide businesses with the flexibility to choose the deployment option that suits their unique requirements, whether they prefer a fully cloud-based solution, an on-premises deployment, or a hybrid approach.

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What is the scope of Dynamics 365 Business Central?

 

The scope of Dynamics 365 Business Central is quite broad and comprehensive. It is designed to be an all-in-one business management solution that can be tailored to meet the specific needs of a wide range of businesses, regardless of their size or industry.

 

With Business Central, users can manage key business processes including financial management, inventory and supply chain management, sales and purchasing, project management, service management, and human resources. It also includes tools for business intelligence and reporting, as well as integration with other Microsoft applications such as Power BI and Power Apps.

 

Business Central offers advanced capabilities such as multi-currency support, intercompany transactions, and warehouse management. It can also be extended with customizations and third-party extensions to further expand its functionality.

The scope of Business Central is to provide a comprehensive business management solution that empowers businesses to streamline their operations, gain valuable insights into their performance, and drive growth and success.

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Explore more about: Are you Running Small and medium Businesses? Business Central can help you grow fast!

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How to implement Business Central in my business?

 

Implementing Business Central in your business can involve several steps, and the specific process can vary depending on your business needs and requirements. However, here are some general steps that can help guide you through the implementation process:

 

Define Your Business Requirements: You need to define your business requirements and determine how Business Central can help you achieve your goals. You may want to involve different stakeholders and departments in this process to ensure that you're capturing everyone's requirements.

 

Choose Your Implementation Approach: You can choose from different implementation approaches, including a phased rollout or a full implementation. A phased rollout involves implementing Business Central in stages, while a full implementation involves implementing all the features and modules at once. Your approach will depend on your business size, complexity, and budget.

 

Choose Your Deployment Method: You can choose to deploy Business Central in the cloud, on-premises, or in a hybrid environment. Each deployment option has its advantages and disadvantages, and you'll need to choose the one that works best for your business.

 

Configure and Customize Business Central: Once you've chosen your deployment method, you'll need to configure and customize Business Central to match your business requirements. You can configure various settings such as currency, taxation, and security, and customize Business Central to match your business processes.

 

Data Migration: You'll need to migrate your existing data to Business Central. You may need to clean up your data and transform it to match the format required by Business Central.

 

Testing and Training: You'll need to test Business Central thoroughly to ensure that it's working as expected. You'll also need to train your employees on how to use Business Central and its features effectively.

 

Go Live: Once you're satisfied that Business Central is working correctly, you can go live and start using it to manage your business processes.

It's important to note that implementing Business Central can be a complex process, and it's advisable to work with a certified Microsoft partner or consultant who can guide you through the implementation process and help you get the most out of your investment.

Great Innovus' 6-step process for successful implementation of Microsoft Dynamics 365 Business Central in your business

 

Great Innovus can help you implement Microsoft Dynamics 365 Business Central in your business by following these steps:

Consultation: 

Our team of experts will consult with you to understand your business requirements and identify the areas where Business Central can add value to your operations.


Customization: 

Based on your specific needs, we will customize Business Central to ensure that it aligns with your business processes.


Data Migration: 

We will migrate your existing data from other systems into Business Central so that you can continue to work with minimal disruption.


User Training: 

Our team will provide comprehensive user training to ensure that your employees can fully utilize the capabilities of Business Central.


Integration: 

We can integrate Business Central with other systems such as Power BI, Power Apps, and other third-party applications to provide you with a comprehensive solution.


Support: 

Great Innovus offers ongoing support and maintenance services to ensure that your Business Central implementation continues to run smoothly.


With our expertise in implementing Business Central, we can help you optimize your business operations and achieve your business goals.

When it comes to migrating from Dynamics AX to Dynamics 365 Finance and Operations (F&O), working with a Microsoft partner can provide a number of benefits. These partners have years of experience and have encountered a wide range of risks and errors during migration projects, and they know how to address and resolve them.

There are several reasons why businesses are moving from Dynamics AX to Dynamics 365 F&O. Here are a few of the most common: 

 

Cost Saving: Dynamics 365 F&O can help businesses reduce the total cost of ownership (TCO) for their ERP system. This can be achieved through a variety of means, such as reduced licensing costs and the ability to scale up or down as needed.

 

Improved performance: Dynamics 365 F&O offers a number of features that can help businesses improve their performance, such as advanced analytics and robotic process automation. These tools can help businesses make better decisions and operate more efficiently.

 

Time-to-value acceleration: Migrating to Dynamics 365 F&O can help businesses get up and running with the new system more quickly, which can lead to faster value realization.


Continued support: Microsoft will no longer provide support for all versions of Dynamics AX after certain dates (see below). Migrating to Dynamics 365 F&O ensures that businesses will continue to receive support and updates from Microsoft.

Cloud-based solution: Dynamics 365 F&O is a cloud-based solution, which can provide a number of benefits, such as improved security, better scalability, and the ability to access the system from anywhere with an internet connection.


Upgrading to Dynamics 365 Finance and Operations offers several benefits, including

♦  Reduced risks associated with legacy systems


♦ Seamless and smooth transition to a cloud-based solution


♦ Industry-specific solutions for business needs


♦ Robust and in-depth analysis is driven by artificial intelligence


There are many reasons why businesses are moving from Dynamics AX to Dynamics 365 F&O. Whether it’s to save costs, improve performance, or take advantage of the latest features, this transition can provide numerous benefits for companies of all sizes.

Five steps to help you successfully upgrade to Dynamics 365

If you are ready to upgrade or would like to explore the next steps, we have curated a 5-step guide below for seamlessly upgrading from Dynamics AX to Dynamics 365.


Review your current Dynamics AX system:
Before beginning the upgrade process, it’s important to thoroughly review your current system to determine your specific update requirements. This includes reviewing the transition of licenses, budgeting, and functional and technical recommendations.


Determine implementation options and risks: 

After reviewing your current system, your implementation team should propose the next steps for the upgrade. This should include an upgrade review that covers the necessary architecture configuration, customizations, and interfaces, as well as a statement of work to guide the upgrade process.


Initiate the upgrade process: 

Once the review and planning stages are complete, it’s time to start the actual upgrade process. This includes code migration and data migration, as well as code refactoring and reconfiguration of development and security roles.


Test and train: 

Before going live with Dynamics 365, it’s important to test the system to ensure that all interfaces and components are functioning properly. User acceptability testing can also help assess the system’s readiness, and employee training can improve change management.


Implement and provide post-implementation support:

Once the testing and training stages are complete, it’s time to go live with Dynamics 365. However, you may still need additional support

Microsoft partner supporting the migration from Dynamics AX to Dynamics 365 Finance and Operations

When it comes to migrating from Dynamics AX to Dynamics 365 Finance and Operations (F&O), working with a Microsoft partner can provide a number of benefits. These partners have years of experience and have encountered a wide range of risks and errors during migration projects, and they know how to address and resolve them.

 

Internal teams may also be able to handle the migration process, but doing so can be time-consuming, as it requires dedicated resources to study the proposed application and its technicalities. If errors are discovered during the integration process, it can be challenging for engineers to figure out a solution and apply it. This can be particularly risky for teams with limited experience in application migration.

 

On the other hand, Microsoft implementation partners have the expertise and resources to ensure a smooth and successful migration. They can help you navigate the process and minimize the risks involved.

 

Hiring a Microsoft partner for your Dynamics AX to F&O migration can also provide access to customized solutions that meet the specific needs of your business. For example, Great Innovus is a Microsoft partner that offers on-demand services and customization options. They can help you migrate to the cloud and provide ongoing support as needed.

 

Working with a Microsoft partner can provide peace of mind and help ensure that your Dynamics AX to F&O migration goes as smoothly as possible.

One step closer to your Dynamics AX to Finance and Operations migration partner-Great Innovus

If you’re considering a migration from Dynamics AX to Dynamics 365 Finance and Operations (F&O), Great Innovus is a Microsoft partner that can help you every step of the way.

 

Great Innovus is a leading provider of Microsoft Dynamics 365 solutions, with a team of experts who have extensive experience in the field. As a Microsoft partner, they have the resources and expertise to ensure a smooth and successful migration from Dynamics AX to F&O.

 

One of the key benefits of working with Great Innovus is its commitment to customization. They understand that every business is unique, and they work closely with their clients to provide customized solutions that meet their specific needs.

 

Great Innovus is dedicated to providing excellent customer service. They offer on-demand support, so you can get the help you need whenever you need it. This can be particularly helpful during the migration process, as it can be a complex and time-consuming undertaking.

 

Great Innovus is a reliable and trustworthy partner that can help you migrate from Dynamics AX to F&O smoothly and successfully. Reach out to their team to learn more about their services and how they can help you make the most of your Dynamics 365 investment.

In the rapidly evolving food industry, it is important for companies to stay up-to-date on the latest trends in order to remain competitive. Some key trends to pay attention to in 2023 include the continued growth of plant-based protein, the importance of sustainability, the rise of alternative proteins, the growth of online grocery shopping, and the need for traceability. Microsoft Dynamics Business Central helps food companies navigate these trends and challenges by providing a comprehensive business management solution. With features such as improved efficiency, enhanced traceability, greater agility, and enhanced collaboration, Dynamics Business Central can help food companies stay ahead of the curve and thrive in a competitive market.


Food industry trends are constantly evolving, and it is important for companies to stay up-to-date in order to remain competitive. Here are some key trends that food companies should pay attention to in 2023:

Plant-based proteins will continue to gain popularity

Plant-based protein sources, such as beans, lentils, and tofu, have been gaining popularity in recent years due to their perceived health benefits and environmental sustainability. This trend is expected to continue, with the plant-based meat market expected to reach $85 billion by 2030. Food companies that can offer high-quality plant-based protein products will be well-positioned to capitalize on this trend.


Sustainability will be a major focus

Consumers are increasingly concerned about the environmental impact of their food choices and are looking for brands that prioritize sustainability. This includes reducing food waste, using eco-friendly packaging, and sourcing ingredients locally. Food companies that can demonstrate a commitment to sustainability will be better able to attract and retain customers.


The rise of alternative proteins

In addition to plant-based proteins, alternative protein sources such as insects, algae, and lab-grown meat are starting to gain mainstream acceptance. These protein sources offer potential environmental and health benefits, as well as being more sustainable than traditional animal agriculture. Food companies that can offer innovative alternative protein products will be well-positioned to tap into this growing market.


The growth of online grocery shopping

The pandemic has accelerated the trend of online grocery shopping, and it is expected to continue in the coming years. This shift presents both opportunities and challenges for the food industry, as companies will need to adapt to new distribution channels and consumer habits. Food companies that can effectively leverage online channels will be better able to reach and engage with customers.


The importance of traceability

With the global supply chain becoming increasingly complex, traceability will become increasingly important for food companies. Consumers want to know where their food is coming from, how it was produced, and whether it meets certain standards (e.g. organic, fair trade). Food companies that can provide transparency and traceability will be better able to build trust with customers.


How Microsoft Dynamics Business Central helps food companies

Microsoft Dynamics Business Central helps food companies navigate these trends and challenges by providing a comprehensive business management solution. Some of the key benefits of using Dynamics Business Central include:

Improved efficiency

Dynamics Business Central can help streamline operations, reducing the time and resources needed to manage key business processes. This can include automating tasks such as invoicing, inventory management, and order processing.


Microsoft Dynamics Business Central helps food industries improve efficiency by streamlining operations and automating key business processes. Some specific ways that Dynamics Business Central helps food industries improve efficiency include:


Inventory management: Dynamics Business Central offers robust inventory management capabilities, allowing companies to track and manage their inventory in real time. This can help food industries avoid running out of stock, reduce waste, and lower storage costs.


Order processing: The platform's order processing features can help food industries automate and streamline the process of taking orders, ensuring that orders are fulfilled accurately and efficiently.


Invoicing: Dynamics Business Central offers tools for automating the invoicing process, reducing the time and resources needed to create and send invoices.


Production management: The platform offers tools for managing and optimizing production, including the ability to track and manage production orders, materials, and capacity.

Enhanced traceability

The platform offers robust supply chain and inventory management capabilities, making it easier to track the origin and movement of goods. This can help food companies meet traceability requirements and provide transparency to customers.


Some specific ways that can Dynamics Business Central help food industries improve traceability include:

Supply chain management: The platform offers tools for tracking the origin and movement of goods through the supply chain, helping food industries ensure that they are sourcing ingredients from reputable suppliers and meeting traceability requirements.


Inventory management: Dynamics Business Central allows companies to track and manage their inventory in real time, making it easier to trace the movement of goods through the supply chain.


Quality control: The platform offers tools for managing quality control processes, including the ability to track and manage quality issues and recalls.


Customer tracking: Dynamics Business Central allows companies to track customer orders and preferences, helping to build trust and improve the customer experience.

Greater agility

Dynamics Business Central allows companies to quickly adapt to changes in the market, such as shifts in consumer demand or new regulations. The platform offers tools for tracking and analyzing key performance indicators, which can help companies make informed decisions and respond to changing market conditions.


Microsoft Dynamics Business Central helps food industries increase agility by providing tools for tracking and analyzing key performance indicators, and by allowing companies to quickly adapt to changes in the market. Some specific ways that Dynamics Business Central can help food industries increase agility include:


Real-time data: The platform offers real-time data and analytics tools, allowing food industries to track and analyze key performance indicators in real time. This can help companies identify trends and issues, and make informed decisions based on accurate and up-to-date information.


Customization: Dynamics Business Central allows companies to customize the platform to meet their specific needs and processes, helping to increase agility and adaptability.


Scalability: The platform is scalable, allowing food industries to easily expand or adjust their operations as needed to meet changing market conditions.


Integration: Dynamics Business Central can be easily integrated with other systems and applications, allowing food industries to seamlessly share data and work across departments and teams.

Enhanced collaboration

The platform offers tools for collaboration and communication across teams, helping to improve communication and decision-making. This can be especially important in the fast-paced and rapidly changing food industry.


Some specific ways that Dynamics Business Central helps food industries enhance collaboration include:


Project management: The platform offers project management tools, allowing food industries to coordinate and track the progress of projects across teams and departments.


Team communication: Dynamics Business Central offers tools for team communication, such as chat and messaging functions, which can help teams stay connected and work together more effectively.


File sharing: The platform allows teams to easily share documents and files, improving communication and reducing the risk of errors or misunderstandings.


Data sharing: Dynamics Business Central can be integrated with other systems and applications, allowing teams to share data and work seamlessly across departments and teams.

Final Thought
the food industry is constantly evolving, and companies must stay up-to-date on the latest trends in order to remain competitive. Some key trends to pay attention to in 2023 include the continued growth of plant-based protein, the importance of sustainability, the rise of alternative proteins, the growth of online grocery shopping, and the need for traceability. Microsoft Dynamics Business Central can help food companies navigate these trends and challenges by providing a comprehensive business management solution. With features such as improved efficiency, enhanced traceability, greater agility, and enhanced collaboration, Dynamics Business Central can help food companies stay ahead of the curve and thrive in a competitive market. By leveraging the advanced features and capabilities of the platform, food companies can improve efficiency, enhance traceability, increase agility, and strengthen collaboration, ultimately driving better business results.

How Great Innovus Can Help

At Great Innovus, we have a team of experienced professionals who are experts in implementing and customizing Dynamics 365 Business Central for food and beverage businesses. We work with our clients to understand their unique needs and challenges and help them leverage the software to streamline their operations and improve efficiency.

 

As a leading provider of business solutions, we understand the unique challenges and opportunities faced by food and beverage businesses. One way we help our clients transform their operations is through the use of Dynamics 365 Business Central, a cloud-based software solution that provides a range of tools and features designed specifically for the industry.

 

In addition to implementation and customization services, we also offer ongoing support and training to ensure that our clients are able to make the most of their investment in Dynamics 365 Business Central.

 

Great Innovus and Dynamics 365 Business Central can help transform your food and beverage business by streamlining and automating processes, providing real-time visibility, and enhancing collaboration and communication. With its powerful cloud-based technology, you can take your business to the next level and achieve greater success.

Microsoft Dynamics 365 Business Central is a business management solution that helps companies automate and connect their financials, sales, service, and operations. It offers a range of features and tools designed to improve efficiency, productivity, and collaboration, and to provide insights and analytics that help businesses make better-informed decisions.


In 2022, Microsoft Dynamics 365 Business Central is expected to continue to play a significant role in helping businesses of all sizes manage and optimize their operations. It is likely to be particularly useful for small and medium-sized businesses looking to streamline their financial and operational processes and to gain a better understanding of their operations and customers through data analysis and reporting. Additionally, the platform is expected to continue to evolve and improve, with new features and updates being released throughout the year.


Tech product and gadget businesses face unique challenges when it comes to managing their operations and staying ahead of the competition. That's where Microsoft Dynamics 365 Business Central can come in. This comprehensive business management solution offers a range of tools and features that can help tech product and gadget businesses streamline their processes, improve their inventory management, boost their sales and marketing efforts, better manage their finances, optimize their supply chain management, and enhance collaboration and communication among team members.


Microsoft Dynamics 365 Business Central is a cloud-based business management solution that combines financial and supply chain management with sales and marketing tools. It is designed to help small and medium-sized businesses streamline their operations and make better-informed decisions. Here are some ways in which Microsoft Dynamics 365 Business Central could help businesses in the tech products and gadgets industry in 2022:

♦ Improved supply chain management
♦ Enhanced financial management
♦ Enhanced sales and marketing
♦ Improved inventory management
♦ Enhanced collaboration and communication


Improved supply chain management

One key benefit of Business Central for tech product and gadget businesses is its inventory management capabilities. With features like stock levels, reorder points, and sales trends, Business Central can help businesses track and predict demand for their products, allowing them to optimize their production and supply chain accordingly. This can help tech product and gadget businesses avoid stock-outs and overstocking, leading to better inventory management and cost savings.

Supply chain management (SCM) is the process of coordinating the flow of goods, services, and information from suppliers and manufacturers to customers. It involves planning, organizing, and managing all the activities involved in the production, storage, distribution, and delivery of goods and services, from raw materials to finished products.


SCM is a critical function for organizations of all sizes, as it affects the quality, cost, and availability of the goods and services they produce or sell. Effective SCM can help organizations reduce costs, improve efficiency, and increase customer satisfaction.


There are several key components of SCM, including:


Procurement: The process of acquiring raw materials, components, and other goods and services needed to produce finished products. This includes identifying and evaluating potential suppliers, negotiating prices, and placing orders.


Production planning: The process of determining what products to produce, in what quantities, and when. This involves forecasting demand, determining capacity, and scheduling production.


Inventory management: The process of controlling the flow of goods and materials through the supply chain, including forecasting, ordering, and storing inventory.


Distribution: The process of getting finished products to customers, which may involve transportation, warehousing, and other logistics activities.


Customer service: The process of managing customer interactions and addressing their needs and concerns. This includes managing orders, handling returns, and providing technical support and other assistance.


SCM involves coordinating these activities across the entire supply chain, from suppliers and manufacturers to customers and end users. It requires effective communication and collaboration among all the parties involved, as well as the use of tools and technologies such as inventory management software, transportation management systems, and enterprise resource planning (ERP) systems.

Enhanced financial management

Proper financial management is crucial for any business, and tech product and gadget businesses are no exception. Business Central's financial management tools, such as its accounts payable and receivable, general ledger, and budgeting features, can help businesses better manage their finances and make informed business decisions. This can help tech product and gadget businesses streamline their financial processes, improve cash flow, and increase profitability.

Enhanced financial management is a term that refers to the practice of using advanced techniques and technologies to improve the way an organization manages its financial resources. It involves using data-driven approaches and sophisticated tools to analyze financial data, make informed decisions, and optimize financial performance.


Some key components of enhanced financial management include:


Financial planning and budgeting: The process of setting financial goals, developing a plan to achieve those goals, and allocating resources accordingly. This may involve forecasting revenue, analyzing expenses, and identifying opportunities for cost savings.


Financial analysis: The process of examining financial data to gain insights into an organization's financial performance and identify areas for improvement. This may involve analyzing financial statements, such as the balance sheet and income statement, and using tools such as ratio analysis to evaluate financial ratios.


Risk management: The process of identifying and managing risks that may affect an organization's financial performance. This may involve identifying potential risks, assessing their likelihood and impact, and implementing strategies to mitigate or eliminate them.


Financial reporting: The process of preparing and presenting financial information to stakeholders, such as investors, shareholders, and regulators. This may involve preparing financial statements, such as the balance sheet and income statement, and presenting them in a clear and concise manner.


Enhanced financial management involves using advanced techniques and technologies to improve the way an organization manages its financial resources, with the goal of optimizing financial performance and achieving its financial goals.

Enhanced sales and marketing

In today's competitive tech market, it's essential for businesses to have effective sales and marketing strategies. Business Central's CRM and email marketing features can help tech product and gadget businesses manage their customer relationships, track sales opportunities, and create targeted marketing campaigns. This can help businesses attract new customers, retain existing ones, and boost their sales.

Enhanced sales and marketing refer to the use of advanced techniques and technologies to improve the effectiveness of an organization's sales and marketing efforts. It involves using data-driven approaches and sophisticated tools to analyze customer data, identify new opportunities, and optimize marketing and sales strategies.


Some key components of enhanced sales and marketing include:


Customer segmentation: The process of dividing customers into groups based on shared characteristics, such as demographics, preferences, or behaviors. This allows organizations to tailor their sales and marketing efforts to specific segments of their customer base.


Customer analytics: The process of analyzing customer data to gain insights into customer behavior and preferences. This may involve using tools such as data mining, machine learning, and predictive modeling to identify patterns and trends in customer data.


Personalization: The process of tailoring marketing and sales efforts to individual customers based on their unique characteristics and preferences. This may involve using tools such as recommendation engines and targeted advertising to deliver personalized content and offers.


Marketing automation: The use of software and other tools to automate marketing tasks, such as email marketing, social media marketing, and lead generation. This can help organizations save time and improve the efficiency of their marketing efforts.


Enhanced sales and marketing involve using advanced techniques and technologies to improve the effectiveness of an organization's sales and marketing efforts, with the goal of increasing revenue and customer satisfaction.

Improved inventory management

One key benefit of Business Central for tech product and gadget businesses is its inventory management capabilities. With features like stock levels, reorder points, and sales trends, Business Central can help businesses track and predict demand for their products, allowing them to optimize their production and supply chain accordingly. This can help tech product and gadget businesses avoid stock-outs and overstocking, leading to better inventory management and cost savings.


Improved inventory management refers to the use of advanced techniques and technologies to optimize the way an organization manages its inventory. It involves using data-driven approaches and sophisticated tools to forecast demand, optimize stock levels, and reduce waste and excess inventory.

Some key components of improved inventory management include:


Demand forecasting: The process of predicting future demand for an organization's products or services. This may involve using tools such as statistical forecasting or machine learning to analyze historical data and make predictions about future demand.


Inventory optimization: The process of determining the optimal levels of inventory to maintain based on factors such as demand forecast, lead time, and holding costs. This may involve using tools such as the economic order quantity (EOQ) model to determine the most cost-effective inventory levels.


Inventory turnover: The process of measuring how quickly an organization's inventory is sold or used. High inventory turnover is typically seen as a sign of efficient inventory management, while low turnover may indicate excess inventory or slow sales.


Just-in-time (JIT) inventory: An inventory management strategy that involves minimizing inventory levels by ordering and receiving goods just in time for production or sale. This can help organizations reduce costs associated with holding excess inventory.


Improved inventory management involves using advanced techniques and technologies to optimize the way an organization manages its inventory, with the goal of reducing costs and improving efficiency.

Enhanced collaboration and communication

Business Central's collaboration and communication tools, such as group chat and video conferencing, can help tech product and gadget businesses improve communication and coordination among team members, allowing them to work more efficiently and effectively.

Enhanced collaboration and communication refers to the use of advanced techniques and technologies to improve the way people within an organization work together and share information. It involves using tools and platforms that facilitate communication and collaboration among team members, regardless of their location or time zone.


Some key components of enhanced collaboration and communication include:


Collaboration software: Tools that enable team members to work together in real-time, regardless of their location. Examples include project management software, document collaboration tools, and video conferencing platforms.


Instant messaging: Tools that enable team members to communicate in real-time using text or voice messages. These tools can be particularly useful for quick, informal communication, such as asking a colleague a question or sharing a quick update.


Email: A tool that enables team members to send and receive messages, documents, and other information electronically. Email is a widely used form of communication in the workplace, but it can also be time-consuming and may not be the best option for real-time communication.


Intranet: A private network within an organization that enables team members to share information and collaborate on projects. An intranet may include features such as document libraries, discussion forums, and project management tools.


Enhanced collaboration and communication involve using advanced techniques and technologies to improve the way people within an organization work together and share information, with the goal of increasing efficiency and productivity.

Final Thought

In conclusion, Microsoft Dynamics 365 Business Central is a powerful business management solution that can benefit tech product and gadget businesses in a variety of ways. Its features, including inventory management, sales and marketing tools, financial management tools, supply chain management, and collaboration and communication tools, can help businesses streamline their operations, optimize their processes, and make more informed decisions. With its cloud-based platform and regular updates and improvements, Business Central is expected to continue to be a valuable resource for tech product and gadget businesses in 2022 and beyond.


Contact Business Technology Solutions at Great Innovus to discover how Microsoft Dynamics 365 Business Central can benefit your organization and to request a no-obligation solution demo. From platform analysis, strategy, planning, design, and implementation to training, support, and upgrades, Great Innovus focuses on business processes first to help give your technology investment the opportunity for success.

Today's food and beverage industry operate in highly competitive and highly regulated markets. Any small change in sales or input costs can have a profound effect on the entire organization. The industry also relies heavily on supply chain efficiency and tight integration of complex production processes to comply with all manufacturing standards and instructions, as well as continuous delivery capabilities. Combined with the requirements for product traceability and the changing regulatory environment in different regions, this can make for some very challenging times!

 

However, the good news is that all of these challenges can be overcome by investing in the right technology for your business along with state-of-the-art business software solutions such as enterprise resource planning (ERP systems).


Microsoft's Dynamics 365 Business Central ERP platform is the ERP solution of choice for many companies in the food and beverage industry. It helps companies seamlessly manage business processes from forecasting, planning and inventory to logistics and production. Consolidating all data into one integrated system ERP system provides a unified view to control all business processes from a centralized center. ERP solutions also support a host of tasks specific to your food and beverage industry such as Compliance, Regulations, Product Traceability and Quality control.

 

How Microsoft Dynamics 365 can help the food and beverage industry:

Microsoft Dynamics 365 is a comprehensive solution that connects every aspect of a food and beverage company, from finance to human resources, from warehousing to quality assurance and logistics to production and sales, customer service and more.

 

Microsoft Dynamics 365 is a comprehensive solution that connects every aspect of a food and beverage company, from finance to human resources, from warehousing to quality assurance(QA) and logistics to production and distribution, customer service and more.

 

Dynamics 365 Business Central delivers real-time data insights critical to your business and industry, enabling you to make faster, more informed decisions in production, inventory, and across the supply chain. Dynamics 365 BC also offers add-on solutions to meet stringent quality and compliance standards, inventory management, and customer needs and customer service.


Some of the key areas that Dynamics 365 BC helps address in the food and beverage industry are: 


Food and Beverage Manufacturing – With powerful planning and analysis tools, Dynamics 365 can help food manufacturers balance production with demand, manage inventory, and gain insight into cost and process efficiencies.


Food and Beverage Distribution – Ensuring an efficient ordering and delivery process with enhanced warehousing capabilities to get the right product to the right place at the right time, updated in real-time to effectively respond to changing and changing demands.


Fresh Produce: Manage your supplier pool, streamline pick and pack floor processes, and comply with food safety standards. In addition, Microsoft Dynamics 365 provides the technology needed to interact with large suppliers, supermarkets and multi-retailers, as well as independent retailers.


Dairy: Manage your various products and packaging, optimize processes such as separation and standardization, and comply with food safety standards. You can also work with trading partners such as key suppliers, supermarkets and multi-sellers as well as independent retailers.


Accelerating Digital Transformation in the Food and Beverage Industry with Microsoft Dynamics 365 Business Central

 

Dynamics 365 Business Central is at the forefront as it is flexible and scalable to meet all the ultimate needs of food and beverage business users. Microsoft invests heavily in continuous improvement and product development To meet the needs of enterprises and industries. our partnership with Microsoft enables us to combine industry-leading technology platforms with our extensive knowledge and expertise in the food and beverage industry to help you accelerate your digital transformation journey

 

As one of the world's leading ERP solution providers, Microsoft's ERP platform, Dynamics 365, is intuitive, allowing users to quickly navigate and optimize a rich set of features and functions, with an additional user-friendly look and feel of other Microsoft products Integrate with products like Office 365 and Power BI. 

 

Dynamics 365 BC provides a complete end-to-end ERP software solution for food and beverage manufacturers, processors and retailers – an integrated solution for businesses driven by consumer demand, consumers looking for lower prices and greater choice plans.

 

At Great Innovus, we understand the needs of the food and beverage industry and want to ensure you get the most from your ERP investment.

 

» We have developed integrated industry-standard interfaces for you so you can use EDI, RF or business intelligence. 

» Control maintenance and development costs with these out-of-the-box integrations.

 

Dynamics 365 Business Central can be easily and quickly implemented on a customer-specific basis Your Food and Beverage Industry Requirements. Dynamics 365 Business Central can be easily and quickly implemented to suit the specific needs of your Food & Drinks industry. It enables companies to manage their financial, sales, manufacturing and supply chain operations while integrating the specific functions required to work in the food and fresh produce industry.

 

Wrapping Up

 

If you are a food and beverage manufacturer and would like to know how Microsoft Business Central can help you through these challenging times, please Contact Great Innovus. We are the leading D365 Business Central ERP and Microsoft Dynamics 365 partner in the US and India.

 

We support companies on their digital transformation journey by providing Microsoft Business Automation tools, Power Apps, Microsoft Dynamics 365 Business Central, Microsoft Azure, Microsoft Power BI and other technology solutions, services and support.

Microsoft is exhibiting Microsoft Dynamics NAV, an on-premises ERP that helps companies manage enterprise-wide systems and processes. Microsoft recommends that existing Dynamics NAV users upgrade to Dynamics 365 Business Central. First, let's understand what Dynamics Business Central is.

 

Dynamics 365 Business Central is a new-age business management solution that allows companies to bring all of their business processes together on a single platform. With Business Central, businesses can connect their manufacturing, supply chain, operations, customer service, sales and marketing, and finance processes, and choose between an on-premises or cloud-based version of the solution. This allows businesses to streamline their operations, improve collaboration and communication, and gain valuable insights into their business.

 

Businesses can choose between an on-premise or cloud-based version of Business Central.


As the name suggests, Dynamics 365 Business Central On-Premise resides on a local company's server, and users do not need the Internet to access it. The cloud-based version of Business Central is hosted on Microsoft Azure servers and can be accessed 24/7 from anywhere via a web browser.

 

End of support for Dynamics NAV

Microsoft has announced that it will no longer provide updates or extended support for several versions of Dynamics NAV. This means that there will be no more updates or security patches for these versions of the NAV ERP software. Companies using these versions will need to upgrade to a newer version in order to continue receiving support and updates from Microsoft.

 

Read more: Reasons for migrating from NAV to Business Central and upgrading to Microsoft’s latest ERP solution


Lack of support from Microsoft leaves the system vulnerable and increases the risk of external threats. Furthermore, the system will become outdated over time and will no longer be able to adapt to technological changes. Finding IT personnel who understand NAV has become increasingly complex over time. 

 

Reasons to upgrade from Nav to Dynamics 365 Business Central

Some companies using MS Navision delayed the decision to upgrade, thinking that Business Central was a new system and unfamiliar with it. Yes, it is a new-age ERP but it builds on Microsoft Dynamics NAV and offers many advantages over NAV.

 

Below is a list of reasons why you should upgrade from NAV to Dynamics 365 Business Central:


1. Cost-effective 

The cloud version of Dynamics 365 Business Central is a cost-effective solution for businesses of any size. With a monthly or annual license fee based on the number of users, companies can easily access the software and take advantage of its features. Business Central is hosted on Microsoft Azure, which means that companies do not need to invest in expensive hardware or security solutions. Additionally, Microsoft provides regular updates to the software, so maintenance costs are low. This allows businesses to have a lean IT team manage their Business Central implementation, further reducing costs.


2. Security solutions with new-age features and functions

Microsoft guarantees 99.9% uptime, offers better features and functionality than NAV, is mobile-friendly, and provides 24/7 access from anywhere through a web browser. 


Users can automate routine tasks, saving a lot of time and increasing productivity. Users can easily create reports according to their needs and share them with others based on the role-based permissions assigned to them.


Microsoft has a team of experts who manage the security of the solution and perform regular backups.


3. Enhanced native and third-party integrations

Dynamics 365 Business Central seamlessly integrates with Power BI, Microsoft Office 365, Microsoft Azure, and other Microsoft products. It also provides users with single sign-on options across the entire suite of Microsoft products. It can also be integrated with third-party applications to further enhance its functionality.


4. Improved user interface

 Improved user interface Business Central offers a modern, easy-to-use interface. The look and feel are consistent and similar to other Microsoft products. It provides a consistent user experience across all devices.


5. Multiple deployment options with flexible licensing policies
As mentioned, it comes in 2 versions. Companies can pay a monthly license fee for the cloud version. Companies can easily add new users and scale quickly. 

 

When is the right time to upgrade to Business Central?

A few ideal scenarios for an organization to upgrade from Dynamics Nav to Business Central are listed below:

 

⇒ When you find that your version of Dynamics NAV no longer has any support from Microsoft.

⇒ When you find the cost of Microsoft Dynamics NAV is too Expensive.

⇒ When you want to shorten the cost of hardware, maintenance, and security by migrating to the cloud.

⇒ When you discover that you are missing additional features in NAV that are accessible in Business Central.

⇒ When you want to connect your current or existing infrastructure to Cloud-Based ERP so you can manage it remotely.


Steps for a NAV to Dynamics 365 Business Central upgrade

When moving from Dynamics NAV to Microsoft Dynamics 365 Business Central, the process is known as upgradation. This is a 5-step process, namely:

 

Step 1 Licensing

 

Step 2 Setup and configuration

 

Step 3 Data migration

 

Step 4 Integrations

 

Step 5 Training and post-migration support


 

Benefits of upgrading from NAV to Business Central

The benefits of upgrading from NAV to Business Central are listed below.

 

1. Adaptability for growing businesses

Companies today are geographically distributed and their employees work in a mixed environment. Microsoft Business Central enables employees to access their data anytime, anywhere, from any Internet-enabled device.

 

It is easy to deploy, whether in the cloud or on-premises. It offers a similar customer experience, goes live quickly, and can onboard users quickly. As your business grows, it can easily scale without sacrificing performance.

 

In addition to compatibility with other Microsoft products, its functionality can be further enhanced by integration with various applications available on Microsoft AppSource. It also supports 25 languages ​​and helps merchants deal with suppliers and customers in different locations.

 

2. Provide many modern functions

Users can create real-time reports to gain actionable insights based on KPIs related to them. Its no-code interface allows users to create reports; IT support is limited or non-existent. Users can also create workflows and automate processes. The system also provides users with real-time insights and recommendations based on past data to help them optimize their workflow. These features enable employees to be more productive.

 

3. Better financial management

Microsoft Business Central has a powerful built-in financial management engine that helps businesses manage cash flow, bank reconciliation, budget management, project cost optimization, and forecast late payments.

 

 Read More: How will Dynamics 365 Finance and Operations facilitate your business


It supports multiple currencies, exchange rates, tax and compliance differences, and intercompany transactions. With these capabilities, accounting teams can complete monthly and annual close faster.

 

4. Improve sales force productivity

Business Central helps sales teams identify and prioritize leads in the sales pipeline. It also helps them identify various upsell, cross-sell and resell opportunities in the sales cycle. Users can access all customer data in one view. Sales teams can customize their offers and offer their customers different pricing structures or discounts based on previous conversations. 

 

5. Help improves customer service

Customer service teams can see all available customer data in one view to provide the right resolution. You can allocate the right resources to serve and retain customers Track offers, service agreements and other important parameters to provide better customer service every step of the way. It helps delight customers and builds brand loyalty.



6. Better project management 

Project managers can gain real-time visibility into every aspect of a project. These insights help them allocate resources more efficiently, track actual resource usage and compare it to plans to determine project profitability.

 

7. Supply chain optimization tools

Built-in mechanisms help companies optimize their supply chains. They can ship the right product to the right place at the right time based on market demand. It also provides a 360-degree view of inventory, allowing goods to be moved quickly between locations. It helps manage compliance across geographies and facilitates efficient governance and approvals.

 

Read More: How does D365 Supply Chain Management support the manufacturing supply chain?


8. Warehouse management optimization tools

Users can create warehouse layouts within the Microsoft Business Central interface. You can choose the best storage location according to the product's size, container and capacity specifications. An optimized warehouse layout helps them ship goods quickly. Plus, it can fulfill orders faster based on real-time data.

 

9. Manufacturing process improvement

Manufacturing teams can create detailed BOMs that include details of raw materials, resources, or subassemblies. It provides support during the assemble-to-order process and can reference customer orders to meet specific requirements. It helps managers capture output variances and make decisions across different BOMs and routes based on consumption patterns.

 

Why Great Innovus as an Upgradation Partner

As we have seen, Dynamics 365 Business Central offers many benefits to organizations. If you are interested in learning more about how your business can upgrade to Dynamics 365 Business Central, you can contact us at Great Innovus.

 

We are a leading Microsoft Business Central ERP and Microsoft Dynamics 365 partner located in USA & India.

 

We are a trusted Microsoft partner, providing intuitive enterprise technology consulting and automated implementation. We also provide ongoing support based on your business needs.

 

We support companies on their digital transformation journey by providing Microsoft Business Automation tools, Power Apps, Dynamics 365 Business Central, Microsoft Azure, Microsoft Power BI and other technology solutions, services and support.