Transform your business reporting with Microsoft Dynamics 365 Business Central

Data reigns supreme in today’s business world. The wide range of data tools available to companies means that real-time reporting has become key in shaping strategic direction. Businesses need fast access to data to make informed decisions quickly and adapt to changing market conditions.

This approach increases the pressure on teams to deliver accurate reports with short turnaround times. But producing these reports is a much bigger challenge than it seems. Many organisations still struggle with scattered data, limited analytical capabilities, and slow reporting processes that leave them trailing behind competitors. The solution? A unified reporting system that brings all business data together.

Break free from data silos

Coveo's 2022 Workplace Relevance Report revealed that employees spend an average of 3.6 hours every day searching for information, a number which rises to 4.2 hours for employees working in IT roles. Spending over half your day searching for data and information is an efficiency killer that creates several challenges, including:

• Comprehensive analysis hindered by scattered information across departments.
• Costly errors and delays resulting from manual data-gathering.
• Limited business performance analysis due to unsuitable tool stack.
• Ineffective team collaboration due to poor sharing options.
• Slow decision-making stemming from outdated information.
• Restricted strategic planning due to limited access to key metrics.

Traditional reporting methods can't keep up with modern business demands. Companies need integrated solutions that streamline reporting and provide clear insights as and when they are needed. Microsoft Dynamics 365 Business Central offers exactly that.

Impactful reporting starts with Dynamics 365 Business Central

Microsoft Dynamics 365 Business Central gives companies a complete platform for business reporting and analysis. The system combines financial data, operational metrics, and performance indicators in one place, making it simple to generate meaningful reports. Named “the Best ERP System” in 2024 by Forbes Advisor, D365 Business Central is the leading finance platform on the market right now.

This recognition is partly thanks to how it can integrate all your business data into a centralised, streamlined system: D365 Business Central offers numerous advantages that enhance productivity, collaboration, and decision-making. Key benefits include:

• Brings all business data into one system.
• Offers real-time updates for current information.
• Supports custom report creation.
• Makes the sharing of reports across teams simple via in-system dashboards, with Outlook and Teams fully integrated.
• Provides clear audit trails.
• Enables quick data exports with Open and Edit in Excel functionality.

Thanks to these capabilities, users can generate essential reports and insights almost instantly, enabling comprehensive real-time data and performance tracking and analysis. With D365 Business Central’s features, users can create:

• Financial statements, including income reports, balance sheets, and tax documents.
• Customer statements and detailed sales analysis.
• Inventory tracking and purchase reports.
• Custom analytical reports including the use of pivot tables.
• Visual presentations of business metrics.

Additionally, the use of Copilot, Microsoft’s embedded AI technology, allows users to ask for the system to generate custom reports using natural language e.g., “Summarise these G/L entries by month and project”.

These reporting capabilities provide businesses with a solid foundation for monitoring performance and making data-driven decisions. To take analysis to the next level, Dynamics 365 can integrate with Power BI, which helps deliver even deeper insights into business operations.

Unlocking deeper business insights with the Power BI integration

D365 Business Central seamlessly integrates with Microsoft Power BI, showcasing the comprehensive capabilities and synergy of the modular Microsoft ecosystem. By combining both solutions, companies can benefit from advanced data analysis and dynamic visualisation options to enhance their reporting. This integration helps businesses:

• Access over 70 pre-built reports covering finance, sales, and operations.
• Create custom dashboards showing key business metrics.
• Share interactive reports with stakeholders.
• Analyse trends and patterns in business data.
• Track performance against targets.
• Make data-driven decisions quickly.

With richer data-driven reporting, companies can gain a deeper understanding of their business dynamics. The next step is leveraging these enhanced capabilities to make smarter decisions through better business intelligence.

Are your reporting capabilities holding you back?

Stop waiting for outdated and inaccurate reports that struggle to make a difference. Start making faster, better-informed decisions with D365 Business Central's powerful, real-time reporting capabilities.

Contact our Financial Solutions team below to learn how we can tailor a solution for you.

To find out more about making the move to Dynamics Business Central, check out out recent webinar hosted by David Wyke, Practice Lead for Dynamics Business Central.