The accounting profession has undergone a significant transformation. Today’s accountants are not just number crunchers but strategic advisors and commercial guides for their clients.
Central to this evolving relationship is the financial system underpinning the client’s business operations. While software solutions such as Sage, Xero, and Quickbooks remain popular, especially among SMEs, the real development is happening elsewhere.
Business Central, a key component of Microsoft’s Dynamics 365 suite, functions as an all-encompassing ERP (Enterprise Resource Planning) system. While primarily focused on financial management, it expands into sales, marketing, and operations. This allows businesses to gain a complete, real-time overview of their organisational health through various analytics tools and dashboards. Its broad scope distinguishes it from more limited platforms and is a significant factor in its recognition by Forbes as the top ERP system currently available in the market.
A key advantage of Business Central is its adaptability to scale, offering the capability to manage multiple entities and locations seamlessly. This feature is essential for any organisation experiencing rapid growth and change. For example, if your client expands into the US, Business Central can be configured to manage the US sales tax for that particular region. Furthermore, Business Central ensures that all your data is stored within a data center located in the relevant region. This approach is increasingly important for many companies due to concerns about latency and security, making Business Central a versatile and secure choice for global business operations.
Its user-friendly, customisable, and scalable features make Business Cental a perfect fit for complex business models, while its integration with the broader Microsoft suite allows a more aligned and efficient workflow.
This blog series will explore this and many other reasons why Business Central is rapidly emerging as the preferred choice for dynamic accountants and their clients. And how partners like Creative Computing can tailor this world class software around the unique needs and idiosyncrasies of any business, offering a greater level of streamlining, collaboration, data security and regulatory compliance than ever before. Finally, it will help you to identify those clients that would benefit most from the upgrade and how to get their transformation underway.
