Dynamics 365 Business Central is a cloud-based ERP system that provides small and medium-sized enterprises with powerful tools to help them run their operations more efficiently and economically. With cloud technologies, Microsoft Dynamics 365 Business Central empowers users. It enables businesses to integrate Microsoft 365 with their business processes.
If you’re thinking about upgrading from NAV to Dynamics 365 Business Central or simply migrating from entry-level accounting software, this blog post will walk you through the different license options and help you decide which is best for your business.
Dynamic Business Central Licensing
Business Central Essentials and Premium are the two main subscription licensing choices, each catering to slightly different business needs. You must license one of these plans in order to utilize this ERP software. Both Business Central Essentials and Premium plans are user-licensed, and they are simple to set up and configure. Additional users can be added using the ‘Team Members‘ license option.
1. Dynamics 365 Business Central Essentials – $70 per user per month
2. Dynamics 365 Business Central Premium – $100 per user per month
What’s the difference between Business Central Essentials and Premium licenses, and which is best for your company? Let’s have a look at how each one works
1. Dynamics 365 Business Central Essentials
Dynamics 365 Business Central Essentials offers all of the essential services that a company needs to run, including
Finance Management – Dimensions, multiple currencies, budgets, accounts schedules, cash flow forecasts, fixed assets, cost accounting, general ledger, and direct debits, among other things.
Sales and Marketing – Dynamics 365 for Sales and Marketing Integration of sales, campaign management, opportunity management, interaction and document management, email tracking, and contract management are just a few of the features available.
Sales and Delivery – Pricing, discounting, invoices, sales order management, sales invoice discounts, alternative shipping addresses, and sales return order management are all aspects of sales and delivery.
Purchasing and Payables– Purchase invoicing, purchase return order management, alternative order addresses, purchase order administration, purchase invoice discounts, and vendor catalog items are all aspects of purchasing and payables.
Supply Chain Management – Basic receivables, purchase order management, locations, item transfers, inventory and purchasing control, shipment and distribution, refunds and cancellations, procurement and vendor management are all part of the supply chain management process.
Project management – Basic resources, capacity management, numerous costs, jobs, and timesheets are all part of project management.
Warehouse Management – Bin setup, inventory picks and put-away, warehouse receipt/shipment, internal picks and put-away, warehouse management systems order promising, and automated data collection are all examples of warehouse management.
Small and medium enterprises who want a single management software to run all of their departments and procedures successfully should choose the Essentials package. It includes all of the necessary modules for managing a company’s day-to-day operations.
2. Dynamics 365 Business Central Premium
Premium functionality provides the following features. Premium includes Service Order Management and Manufacturing capabilities in addition to the Essentials features.
Service Management – Planning and dispatching, service contract management, service item management, service order management, and service price management are all examples of service management.
Manufacturing – Machine centers, standard cost spreadsheets, production bill of materials, version management, assembly management, production orders, and finite loading are all examples of manufacturing processes.
This licensing plan may be more appealing to companies with manufacturing and distribution demands. At the end of the day, though, Dynamics 365 Business Central serves SMB enterprises in a variety of industries.
Which is the best option for your company?
Is Essentials enough for your company’s needs, or is Premium worth the $30 per user monthly investment?
You’ll be able to take advantage of the benefits of Cloud ERP, including lower costs, better agility, seamless upgrades and maintenance, and easy interaction with other Microsoft apps and tools, regardless of whatever Dynamics 365 Business Central licensing package you choose.
For all of its users, a company can only acquire one sort of licensing package. In other words, some customers cannot have the D365 Business Central Essentials plan while others have the D365 Business Central Premium plan. In addition, both Microsoft Dynamics 365 Business Central Essentials and Premium license are for a single user. So we recommend you choose wisely
Contact the Veelead Solutions team to determine which plan is best for your business. We, as a Gold-certified Dynamics 365 Business Central partner, will give you a detailed insight into how Business Central would perform in your firm, as well as the process, costs, and timetable for deployment.