(Note: Updated Singapore launch date to Oct 2018)
There’s been lots of buzz in the ERP scene ever since Microsoft revealed their roadmap for Microsoft Dynamics 365 Business Edition and Microsoft Dynamics NAV (formerly Navision) in 2017.
Now it’s finally here: last week, Microsoft announced that they will rebrand Dynamics 365 Business Edition and Dynamics NAV as Microsoft Dynamics 365 Business Central.
Come 2 April 2018, the business management solution will be rolled out to 14 countries worldwide, including countries like the United States, Denmark, Spain, Sweden etc.
If your company’s based in Singapore however, you’ll have to wait a little longer; it’s estimated the solution will only be available in Singapore from 1 October 2018 onward.
To put it simply, Dynamics 365 Business Central is Dynamics NAV (Navision) made available as a true Cloud offering. It’s a single, end-to-end business solution for managing finances, operations, sales, and customer service in the Cloud.
Example of the Role Center in Dynamics 365 Business Central
For SMEs, Dynamics 365 Business Central presents an excellent opportunity to upgrade from entry-level accounting software or outdated legacy ERP systems. It also helps SMEs boost growth, streamline processes, and enhance customer relationships through what Microsoft describes as:
In addition, Business Central integrates easily with other Microsoft cloud-based services such as Office 365. You can also extend it further with other Microsoft solutions such as Power BI (business intelligence), PowerApps, and Microsoft Flow, giving you excellent value for money.
Microsoft Dynamics Business Central comes in two versions:
This edition comes with:
You’ll also get one free external accountant login license for doing bookkeeping and running reports, regardless of which edition of Dynamics 365 Business Central you purchase.
Unlike Microsoft Dynamics NAV (Navision) which is sold on a concurrent user basis, Dynamics Business Central is sold on a named user license model.
Currently, the official license price from Microsoft is:
Essentials, Full License – US$70 per named user, per month
Premium, Full License – US$100 per named user, per month
There is also a more affordable Team Member license, available at just US$8 per named user per month.
This is ideal for users in your organisation that don’t require full access rights. Those using Team Member licenses can:
Do note you’re unable to ‘mix’ the software editions within your organisation i.e. all users have to use either Business Central Essentials or Business Central Premium.
Currently, information surrounding Dynamics 365 Business Central is still unfolding. We’ll keep this post updated once more news comes in on the product.
However, if you want to get a rough sense of the benefits and functionalities within Microsoft Dynamics 365 Business Central, you can check out our guide – in the link below (it’s free!).