What is Dynamics 365 Business Central (BC)?
Business Central is an ERP-system. ERP stands for Entreprise Resource System. Thus, it is a system where finances can be planned accordingly.
At which business size would it make sense upgrading to Business Central?
Many call Business Central a premium ERP-system. And they're right. What distinguishes Business Central compared to smaller ERP-system is the level of detail and customization options. We'd love to sell Business Central to a single entrepreneur, but it would probably not be worth the license fee. Business Central is detail oriented. If you for instance are selling liquor, then Business Central can easily calculate liqour taxes for different products. Exports to EMEA, Asia, North America can also be configured. As a rule of thumb, we recommend Business Central for companies with around 5 employees. However, this depends on what type of business you are. Complicated production firms might reap the benefits of Business Central when they are fewer employees.
Do you have to be an IT-expert to use Business Central?
No by any means. But you will come a long way with clear defined goals for the system. We always say "Business Central can everything and nothing". This is because, if you don't specify what you want the system, the system is not going to give you any valuable information
My firm is running Concorde, C-5 or Navigator. Can I upgrade to Business Central on Cloud?
Yes, indeed. But you have to look carefully for a partner with experience. There is many hidden caveats in these upgrades. Invice Solutions have converted many old to C-5, Concorde and Navigator accounting systems to Business Central, without changing fundamentals, such as the chart of accounts.
New Danish Bookkeeping Law. Can you help us?
We have ready-to-go solutions developed with our partner Continia. The solutions can reduce administrative hours by up to 90%. Notes are stored digitally, in accordance with the new bookkeeping law. One of the ready-to-go systems, is an automatic payments system, where incoming invoices automatically are read. The invoice is sent for approval by the purchase-rep. Afterwards it is paid directly from Business Central with one click by the CFO or CEO.
My bank account is not reconciled with my records. What should I do?
Call Diana Grønkjær. She has many years of experience in bank reconciliation.
We disgust manual work, where you do as you do, just because it works. Not because it is a efficient process. We are experts in automatization of bank reconciliation and bookkeeping. In cooperation with you, we define rules of automatic bookkeeping. This reduces your bookkeeping bills drastically, and makes your company scalable.
Dynamics 365 Business Central is a Microsoft product. Does it only run on Windows machines?
Business Central on Cloud runs on all machines with internet access. If you use Business Central On-Premise, then you would need a Windows-Machine. However, we can easily configure a virtual machine, where Windows runs from your Mac.