A business should have an efficient and reliable system to fulfill the demand for its products or goods in the market. A business requires a robust purchasing and procurement mechanism to ensure that the supply chain operations function smoothly. It includes finding the best vendor who can deliver quality goods at the right price and at the right time, placing the order, and receiving the goods.
That said, this seemingly simple process, if not planned correctly, can have a massive impact on a business’s bottom line. Traditionally companies have been using spreadsheets or emails for managing their purchasing and procurement processes.Due to technological advancement, better tools with more advanced features are available. The spreadsheets or emails do not offer these features and hence seem outdated for these processes.
The disadvantages of these outdated tools are:
To overcome these challenges, Microsoft introduced the Microsoft Dynamics 365 Business Central ERP.
It is a cloud-based ERP consisting of modules that simplifies purchasing and procurement planning to a great extent. A business can configure Microsoft Dynamics 365 Business Central to perform various tasks. Some of them are listed below:
It helps businesses to streamline their inventory management and vendor management significantly. Also, since it is a cloud-based ERP, it offers multiple benefits.
Microsoft Dynamics 365 Business Central makes purchasing and procurement processes more efficient. If you want to know more about Microsoft Dynamics 365 Business Central implementation and its impact on your business, connect with us at CocoonIT Services Pvt Ltd.
We are a trusted Microsoft Gold partner offering intuitive Business Technology Consulting and Automation implementation. We also provide ongoing support as per your business requirement.
We help businesses in their digital transformation journey by delivering Microsoft Business Automation tools, Power Apps, Microsoft Dynamics 365 Business Central, Microsoft Azure, Microsoft Power BI, and other technology solutions services and support.