Empowering Finance Teams with Microsoft Dynamics 365 Business Central

Finance teams are the backbone of any organisation, ensuring stability, compliance, and strategic growth. Microsoft Business Central offers a comprehensive suite of tools tailored to meet the complex needs of financial professionals. Our solutions accelerate financial close, enhance forecasting, and provide real-time performance metrics, all while maintaining compliance and security across subsidiaries.

Streamlined Financial Management

Business Central simplifies financial management by enabling you to set up companies and post transactions to the general ledger through general journals. With built-in and customisable reports, including RDLC and Word, you can easily refresh data in Microsoft Excel and Power BI. This integration allows for seamless data management and reporting, providing a clear and concise view of your financial health.

Leverage the power of unlimited dimensions in all ledger transactions, capturing essential business aspects like departments, projects, sales channels, and geographical areas. This flexibility allows for detailed and reliable financial reporting, enhancing your ability to analyse and interpret data effectively.

Conduct business globally with ease. Business Central supports multiple currencies in sales, purchases, bank transactions, and payments. It handles currency adjustments for unrealised gains and losses, ensuring accurate receivables and payables reporting. This capability allows you to operate seamlessly in international markets.

Budgeting and Cost Management

Track and manage your financial progress using integrated budgeting tools. Business Central enables you to use budgets in financial reports and analysis, sharing data effortlessly with stakeholders via Microsoft Excel. This functionality supports collaborative budgeting and enhances your financial planning capabilities.

Gain a comprehensive understanding of your costs. By combining general ledger data with dimensions and future costs, you can create detailed scenarios for deeper insights. This helps you allocate costs accurately and understand the financial impact of various business activities.

Automate the deferral of revenues and expenses with customised templates. Ensuring that income and expenditures are recognised in the appropriate periods, improving the accuracy of your financial statements.

Asset and Cash Management

Track and manage fixed assets such as buildings, machinery, and equipment efficiently. Business Central supports transactions like acquisitions, depreciation, write-downs, appreciation, and disposal. It offers flexible depreciation methods to meet managerial and legal requirements, ensuring accurate asset management.

Predict your company’s liquidity with advanced cash flow forecasting tools. Using AI capabilities to generate accurate cash flow predictions, helping you anticipate and reduce overdue receivables. This proactive approach to cash management ensures better financial planning and stability.

Reconciliation

Simplify the reconciliation of bank transactions with automated matching rules. Business Central allows you to import bank statements, reconcile data, and keep track of all transactions efficiently. This ensures that your financial records are always up-to-date and accurate.

Comprehensive Financial Reporting

Your finance team can produce detailed financial reports and analyses, leveraging real-time data and advanced analytics. The integration with Microsoft Excel and Power BI provides powerful tools for data visualisation and interpretation, enhancing your decision-making processes.

At Dynamics Connect, we understand the critical role finance teams play in driving business success. Our tailored solutions for financial management ensure that you have the tools and insights needed to maintain compliance, optimise operations, and achieve strategic goals. Contact us today to learn how Microsoft Dynamics 365 Business Central can transform your financial operations.