With a 5-star rating, Forbes Advisor named Microsoft Dynamics 365 Business Central the Best ERP Systems of May 2023. This ranking is a testament to the reliability and comprehensiveness of this ERP solution and this conclusion was reached using a combination of product information, professional analysis, and strategic approaches. The assessment also evaluated factors such as transparent pricing, employee independence, integration with third-party applications, availability of customer support, and reviews.
CHOOSING THE BEST ERP SYSTEM: FORBES ADVISOR’S APPROACH
The Forbes Advisor Small Business team offers honest insight to help customers choose the best financial solutions for their business and make informed financial decisions. Using data, tactical approaches, and professional insights, they provide unbiased rankings and data with complete editorial independence.
The following metrics were used to rank the best ERP systems:
Prices: 10%
The greatest ERP systems are reasonably priced yet offer a lot of value. Pricing is taken into consideration, along with contract lengths, scalability, the availability of free trials, and money-back guarantees.
Main Features – 30%
The ERP system’s key features are taken into consideration. For instance, if the systems are cloud-based for accessibility, on-premises ERP, real-time updates, reporting and analytics, accounting, and software interfaces for maximum flexibility.
Unique Features – 20%
The unique features of ERP systems, such as automation, budgeting, financial management, customer relationship management (CRM), forecasting, human resources functionalities, and supply chain management, are also considered in addition to the vital, must-have features.
Third-Party Ratings and Reviews – 10%
The best ERP system was selected using third-party user evaluations and ratings to better understand what real users think of the systems.
Expert Rating: 30%
The final metric includes aspects of qualitative metrics including price-to-value, usability, support quality, and popularity.
WHY FORBES PICKED MICROSOFT D365?
Microsoft Dynamics 365 Business Central is an effective ERP system that assists small businesses in organizing their sales, service, operations, and financial tasks so they can produce results more quickly and effectively. It can be used to effortlessly transport objects between locations, register shipping goods, store information in one place, automatically assign staff to work orders and register shipped goods.
Other significant capabilities include the capacity to forecast stock replenishment and efficiently fulfill customer orders using real-time data. Thanks to the practical mobile app, you may manage your company while on the road. It can assist expanding enterprises that scale quickly because it is both economical and scalable, which should come as no surprise.
SOME ADVANTAGES OF UTILIZING MICROSOFT DYNAMICS 365 BUSINESS CENTRAL
Real-time performance metrics:
Managers and executives can make informed decisions with Business Central’s data-driven insights. Real-time dashboards and KPIs feature budgeting, forecasting, and resource allocation data. Additionally, you can generate customized analytics and financial reports. Power BI also allows you to generate data visualizations that can be shared with your team. This could help you keep one step ahead of the competition and expand your business as well.
Integration with other Microsoft tools:
Access AppSource with Microsoft Dynamics 365 to look for potential integrations from Microsoft and a few carefully chosen partners. For starters, it comes with pre-built Microsoft programs like Power BI, Microsoft 365, and Power Platform. This implies that Microsoft users can utilize other Microsoft tools such as Outlook and Excel and incorporate the solution into their existing workflow.
Enhanced sales and service:
Customer management, sales orders, and service orders are just a few of the capabilities available in Business Central to manage sales and service operations. Customers are more satisfied if there is customer agreement tracking to handle prices, discounts, and delivery dates.
Dedicated to delivering exceptional value to our clients
Our team of experienced professionals at Isys Solutions can assist you in using the potential of Microsoft Dynamics 365 Business Central to reach your business’s goals. Our services involve implementation, customization, training, and ongoing support for companies wishing to streamline their processes and boost productivity. To find out how we can assist your company in achieving its full potential, get in touch with us.
