Season 3, Episode 3 : How can Business Central allow organisations to optimise its investments, cashflow, profitability, revenue, and costs?

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The need for finance leaders to have complete visibility and have the ability to optimise costs, cashflow, revenue, and profitability to ensure investments are being optimised, operations are being streamlined, decision-making can be improved, and business growth is accelerated has become even more imperative as we shift towards autonomous finance. Microsoft Dynamics 365 Business Central can help and ensure finance leaders do just that as well as allow their teams to leverage complex technology like automation and AI in a user-friendly format. I’m Laura at Creative, and this is Dynamics Unwrapped…

So, Business Central can help finance leaders optimise relevant metrics that drive output whilst enabling them to move to a more autonomous financial structure to help drive business performance through various ways. One being it has comprehensive, integrated financial management capabilities. Business Central centralises financial data and processes such as the accounts payable and receivable, budgeting, and financial reporting which ensures better visibility into business financial performance, and easily provides insight into metrics that drive output for instance the average selling price per unit, the average cost per unit for various items, which enables better, more informed decision-making to optimise investments and manage cash flow effectively.

Also, Business Central can be as automated as desired. So, for instance automation of repetitive financial tasks such as invoicing, reconciliation, and expense management, reduces the need for manual intervention and enables finance teams to focus on more strategic activities. But it doesn’t just automate financial tasks, it can automate warehouse, manufacturing, and supply chain management functions, optimising these processes and ensuring costs are kept at a minimum.

Of course, AI specifically Co-Pilot is now a standard feature in Business Central, with Microsoft expanding its capabilities with every upgrade. From tools to help you forecast future revenue, to predicting late customer payments, to bank reconciliation with Copilot, as well as mapping e-documents to purchase order lines, and having the ability to get to insights faster with Copilot-generated analysis tabs, there are so many ways AI can be leveraged in Business Central to help optimise your key financial metrics that allow finance leaders to drive business success in this digitally driven landscape.

So, Business Central can ensure investments as well as key financial metrics are optimised through complex technologies like automation and AI and finance leaders can get access to the critical data, they need on demand to enable business growth. And of course, if you’d like to know more, be sure to get in touch, or stay tuned for the next video…

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