Retail ERP: Why Businesses Choose Microsoft Dynamics 365 Business Central
In the fast-paced retail industry, upgrading your enterprise resource management (ERP) system is essential. Retailers are increasingly shifting from legacy on-premises solutions, such as Dynamics NAV, to the cloud-based Microsoft Dynamics 365 Business Central. Let’s explore why this transition is gaining momentum:
1. Agility and Scalability
Business Central offers both affordability and scalability. Forbes Advisor recently named it the best overall ERP system for 2024. Retailers appreciate its built-in functionality, covering sales, service, operations, and finance. As businesses evolve, they can easily add new capabilities without the overhead costs of maintaining physical IT infrastructure.
2. Enhanced Productivity
With all functionality and data managed centrally in the cloud, retailers gain a holistic view of their operations. Business Central empowers employees by automating repetitive tasks and facilitating data-driven decision-making. Customizable workflows allow retailers to tailor the solution to their specific needs. Configurable dashboards allow each staff member to see what is most appropriate for their job function. Business Central also comes with native integration with Microsoft’s Power Platform, offering a host of productivity features, including Power BI and Copilot – letting you supercharge your business insights with artificial intelligence and machine learning.
3. Security and Compliance
Transitioning to Business Central helps retailers address issues associated with older software, including:
- Lack of mainstream support
- Higher risk of downtime
- Security threats
- Industry compliance challenges
- Inability to scale and add new functionality
4. Connectivity
In addition to native integration with Microsoft 365 (Microsoft Office products like Excel, Outlook, Teams, etc.), Business Central can integrate with most business applications, meaning you don’t have to replace everything. Business Central supports many point-of-sale devices, handheld payment systems, and eCommerce data integration.
Retailers looking to move off their old ERP can choose from several modern cloud-based ERP systems. For many, the choice is simple: Microsoft Dynamics 365 Business Central. In fact, in comparing seven of the leading modern retail ERPs, Forbes Advisor chose Microsoft Dynamics 365 Business Central as the Best Overall Retail ERP software of 2024. If you’re a retailer looking to move to a modern ERP, Microsoft Dynamics 365 Business Central paired with LS Central should be on your shortlist.
Contact ArcherPoint to see how Business Central can help you modernize your retail operations.