Why Business Central is a one-stop solution for your Distribution Business?

It is common for small and mid-sized distributors to reach a tipping point when the very tools supporting early business growth become a barrier to insight and decision-making.

The Microsoft Dynamics Business Central solution simplifies the process of ordering, selling, invoicing, and reporting by consolidating multiple, disjointed systems into one.

Vendor and customer relationships are becoming increasingly complex for distributors every day. Providing products and services to consumers can be done by either producers or providers. Regardless of the case, the distributor must still manage those channels. Therefore, cloud accounting has become increasingly popular for distribution.

A Cloud-based Accounting system for Distribution

Dynamics Business Central is an ERP solution designed for small and medium-sized distribution companies. This software combines finance, customer service, inventory management, warehousing, relationship management, and analytics.

One of the keys to success is integrating data from all aspects of an organization into a single cohesive ecosystem. Distribution companies must accurately forecast both supply and demand to avoid stock-outs or a warehouse full of excess inventory. 

By providing unmatched data access and flexibility, Business Central enables you to optimize your supply chain. This includes helping with order processing, managing demand, and monitoring inventory levels. You will be able to increase your bottom line by improving operations and strengthening relationships with customers and vendors.

Why should you switch to Dynamics Business Central?

• You've reached the limits of your current accounting or ERP system. This could be QuickBooks with numerous add-on systems or an older ERP system.

• You're seeing clear signs that the inability to find the right data is affecting the bottom line.

• Alternatively, your operations cannot be optimized unless the technology used changes.

When your current system is holding you back

As your company grows, so will the tools you use. Not all accounting or ERP systems can handle this. Whether you are using QuickBooks, an outdated ERP, or a niche ERP solution, there comes a time when your team will eventually be ready to invest in a scalable system.

Dynamics Business Central is a clear favorite due to its low license pricing and ability to handle operations of any size.

Lack of access to the right data

As previously stated, it is common for businesses to run on a patchwork of different systems. Finding the right information can be difficult in this situation. 

If your business is connected within one solution, you can ensure that everyone has access to the information they need at all times.

Unable to optimize operations

Challenges that were previously difficult, if not impossible, to implement become simple once you've settled on a single solution. 

Routing approvals to the appropriate department, keeping everyone in sync, and automating manual tasks are all natural steps when using Dynamics Business Central.

Nothing can stop your team from succeeding by integrating your entire business into a single solution. Users have been able to fully optimize their workflows and processes thanks to the flexibility of Business Central.

Benefits of Dynamics Business Central for Distribution Businesses 

• Strengthen Your Supply Chain

The bottom line of your business relies heavily on being able to control your inventory. Dynamics Business Central helps you determine when to replenish stock. Automatically generate purchase orders based on sales forecasts and anticipated stock-outs, eliminating manual tasks. 

Being more streamlined allows you to maintain customer satisfaction while also analyzing profit margins and inventory levels. When there is insufficient inventory to meet demand, customer satisfaction issues can arise; however, carrying too much inventory can have a negative impact on cash flow.

• Reporting and Insights 

Making the right business decisions to support operations and growth requires real-time accurate financial reporting and analysis. With complete and easy access to data, you can perform analysis and generate reports that provide detailed information to decision-makers.

Conclusion

Dynamics Business Central is an all-in-one solution that assists small and medium-sized businesses in increasing profitability and gaining a competitive advantage. It enables you to create a consistent structure that allows you to optimize interactions with business partners while also streamlining internal processes. 

Business Central is modular in design. This enables it to be tailored to the specific needs and pace of an ever-changing organization.

If you work in the distribution or wholesale industries and want to learn more about Microsoft Dynamics Business Central, contact us today.