PHOTO
Dubai, United Arab Emirates – Microsoft today released Dynamics 365 Business Central, an all-in-one solution aimed at empowering UAE’s fast-growing SME segment, to streamline their financials and business processes, improve customer interactions and make better decisions with integrated intelligence.
Business Central is tailor-made for the small-to-midsized business that has outgrown its basic accounting software and is ready to connect its business across functions, processes and disciplines. Business Central is an all-in-one business management solution that easily and seamlessly connects back-office systems with business processes. It allows business owners to standardize and integrate their entire organization’s business processes, including sales, finance, human resources, operations, logistics and marketing to function as one.
Unlike traditional ERP solutions, Dynamics 365 Business Central is also deeply integrated with Office 365, and includes built-in intelligence, so it is easy to use and helps innovators to make smarter business decisions, leading to a competitive edge and accelerated growth.
As the UAE government continues its ambitious economic reform programmes, SMEs play an increasingly important role in national growth. For example, as of August 2017, more than 94% of companies operating in the UAE were SMEs, employing around 86% of the private-sector workforce, according to the UAE Ministry of Economy. In Dubai alone, smaller businesses account for almost 95% of companies, employing 42% of the workforce and contributing around 40% of the emirate’s GDP.
As small businesses progress from start-up to midsized enterprise, they often waste valuable time wrestling with standalone systems that are not connected to other important aspects of day-to-day operations. And changing those systems often disrupts workflow. A common side-effect of such scattered architectures is heterogeneous data that stifles decisions and wastes further time to create and configure reports, leading to incomplete or blurred pictures of cash flow, inventory, and customer behaviour.
“SMEs operating in the country and the wider region often find themselves in a fiercely competitive climate, where digital culture is driving the emergence of new service expectations,” said Maureen Mansour-Khoury, Senior Product Marketing Manager, Dynamics 365, Microsoft Middle East & Africa. “Legacy systems for growing businesses often can’t keep up with markets that are in continual flux. Configuration and upgrade to existing suites can be expensive, so SMEs really need a flexible solution that can meet the requirements of the here and now, but allow turnkey access to extensions as the business evolves. Dynamics 365 Business Central brings people, processes, and data together, so you can manage your business end to end.”
By connecting data across accounting, sales, purchasing, inventory, and customer interactions, Business Central allows SMEs to get a holistic view of the business and chart financial performance in real time with built-in Power BI dashboards. Financial closes and reporting are accelerated; accounts receivables and payables are streamlined; and reconciliations of accounts are quicker, more accurate, more automated and compliant. And Business Central enables the refinement of financial forecasts by modelling and analysing data across multiple dimensions, even allowing the customisation of reports through seamless Microsoft Excel integration.
SMEs will now be able to automate and secure their supply chains and optimise inventory levels, by using Business Central’s built-in intelligence to predict when and what to replenish. Sales teams can sell smarter and improve customer service, delivering value at each touch point. Business Central’s advanced analytics capabilities allows more effective prioritisation of sales leads based on revenue potential and monitors all customer interactions to deliver guidance on the best upsell, cross-sell, and renewal opportunities throughout the sales cycle.
“Microsoft’s mission is to help every individual and organisation on the planet to achieve more,” added Maureen. “For an SME operating in the intensely demanding Gulf market, Business Central can form the hub of a digital transformation strategy that will set you apart from your peers, allowing you to engage customers, empower employees, optimise operations and reinvent your entire business model.”
About Microsoft Gulf
Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more. Microsoft Gulf opened its Dubai-based headquarters in 1991. Today, the Gulf office oversees Microsoft Gulf activities in Bahrain, Kuwait, Oman, Qatar and UAE. More information can be found here: https://www.microsoft.com/en-gulf/
© Press Release 2018Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
