Microsoft Dynamics 365 Business Central Is the next generation of the Microsoft Dynamics NAV “Navision” system well known over the years for being a rich-functionality business system that is easy to use and modify. In the age of Digitial Transformation, Microsoft Business Central has been designed to meet the needs of a modern workforce, while still containing extension business capabilities. Microsoft Business Central is a true enterprise system with vast functionality to bring about better communication, collaboration, and “real-time” information to give better business insightful data. Sometimes called “Cloud NAV”, Busines Central gives you the tools to move to the cloud if you select the On-Premies Version and want to select that deployment at a later time.
In addition to deployment flexibility, Business Central, give you options for licensing types; Essentials vs. Premium. The core functionality of each version is listed below:
Microsoft Dynamics 365 Business Central “Essentials”
- Financial Management
- Advanced Financial Management
- Artificial Intelligence (AI)
- Customer Relationship Management (CRM)
- Human Resource Management
- Project Management
- Supply Chain Management
- Warehouse Management and Inventory
- Inventory Management
- Configuration and Development
Microsoft Dynamics 365 Business Central “Premium” (All of the functionality with Essentials plus 2 key functionality sets)
- Service Management
Most companies today tend to choose the Cloud Version of Business Central for quicker setup time, more affordable entry into a new system, plus you don’t’ have to rely on your own infrastructure.
However, some of the benefits of an On-Premises ERP Deployment include greater control over updates on the system, how you access the system (not internet reliant) and utilizing your existing infrastructure. Also. some companies prefer that you actually “own” the ERP licensing rather than “renting” the system which could be in perpetuity.
To learn more about what deployment option would work best for your company and the differences between Licensing of Microsoft Dynamics 365 Business Central, we have the below resources:
Posted by iCepts Technology Group, Inc. a Microsoft Dynamics 365 Bussiness Central Partner in Pennsylvania