Why It Matters: A survey by Accenture found that 62% of businesses that implement advanced reporting capabilities see an improvement in overall financial performance within the first year (Accenture, 2023). This indicates the importance of accurate, real-time financial reporting in making data-driven decisions. Accenture Report
Start by involving your team early in the process. Seek their input on pain points and include them in demo sessions or trial runs of potential solutions. When employees feel heard, they’re more likely to embrace the new tools as an improvement to their workflow, not a threat.
One of the most significant issues businesses face is the inability to prioritise leads effectively. Without a clear understanding of which leads will most likely convert, sales and marketing teams waste time and resources chasing low-value opportunities. According to a report by MarketingSherpa, 79% of marketing leads never convert into sales due to ineffective nurturing and prioritisation. ClickDimensions’ lead scoring feature enables businesses to rank leads based on engagement and activity, ensuring that only the most promising leads are prioritised for follow-up.
Many SMEs shy away from ERP due to perceived high costs. However, cloud ERP eliminates hefty upfront infrastructure investments. With subscription-based models, businesses only pay for what they use. As the SME segment for cloud ERP continues to grow, with a forecasted 13.6% compound annual growth rate (CAGR) through 2030, the affordability of these solutions makes enterprise-grade technology more accessible than ever.
Dynamics 365 Business Central is a cloud-first ERP system designed to be flexible and future-proof. It offers seamless integration with Microsoft 365 tools, such as Power BI, Microsoft Teams, and SharePoint, ensuring a smooth flow of data across all business functions. Built for scalability, it supports businesses of all sizes—from small enterprises to large corporations—making it an excellent choice for SMEs aiming for long-term growth. Business Central offers both cloud and hybrid deployment options, providing the flexibility to scale as your business evolves.
One of the most significant challenges businesses face is dealing with data silos, where data is fragmented across different systems. When CRM systems and marketing tools aren’t fully integrated, it becomes difficult to access a complete view of customer interactions. According to a study by Forrester, 65% of marketing professionals say data fragmentation is a significant challenge in their efforts to improve customer experiences. This lack of integration can lead to missed opportunities, as crucial information about leads and customers isn’t readily accessible.
Small and medium-sized businesses (SMBs) in field service industries face unique challenges that can hinder growth, operational efficiency, and customer satisfaction. From inefficient scheduling to fragmented data systems, these obstacles can prevent businesses from achieving their full potential. Microsoft Dynamics 365 Business Central, combined with field service tools, is designed to address these pain points, […]
The combination of CRM and AI also revolutionises customer service. With AI-powered chatbots and virtual assistants integrated into Business Central, businesses can provide round-the-clock support to customers. These tools can handle frequently asked questions, troubleshoot common issues, and guide users through processes, freeing up human agents to focus on more complex inquiries.
With Business Central 2024 Wave 2, businesses are not only given the tools to predict their financial future but also to adapt to it in real time. This is crucial in a market where conditions can shift rapidly, and businesses need to remain agile. By leveraging real-time forecasting, predictive analytics, and Power BI integration, you’re able to plan more effectively, seize opportunities, and mitigate risks more efficiently.
A highlight of the update is the inclusion of over 70 new Power BI reports, which provide in-depth analysis across key business functions such as finance, inventory management, sales, and customer service. With direct integration into Business Central, users can now access these reports within their daily workflows, allowing them to view real-time data in context and make decisions faster and more efficiently.