Microsoft’s business management solution, Dynamics 365 Business Central will now be available in India for small and medium sized businesses.
This all in one cloud solution will help companies ensure continuity in their businesses by connecting sales, service, finance and other operations teams to help them deliver better results. This will bring flexibility of Microsoft Dynamic Navision, the company’s enterprise resource planning app (ERP) to deploy in the cloud or on- premises. It can also be accessed from a mobile device to conduct business.
Customised for India the solution comes with inbuilt features that will address local regulatory and market requirements for ease of business, including a tax engine which comprises of over 500 pre- configured use cases and business scenarios for Goods and Services Tax (GST), Tax Deduction at Source (TDS) and Tax Collected at Source (TCS), the company stated.
The availability of Dynamics 365 Business Central was announced at Building a Resilient Future, a summit organised to discuss building resilience among India’s small and medium business (SMBs).
SMBs are looking for cost selective solutions that would help them in a smooth transition towards their digital transformation journey. Major concerns of SMBs are with regard to the unconnected set of on- premise ERP systems, manually updating the ERP tools and lack of data protection. Dynamics 365 Business Central aims on addressing these concerns with new modular applications, expanded analytics and software improvements.
“SMBs are the backbone of the Indian economy and are driving the country’s digital transformation wave with rapid cloud adoption. With Dynamics 365 Business Central, we aim to empower and strengthen the SMB ecosystem in the country. It offers customers affordable and easily manageable tools that simplify and expedite everyday business processes. We believe it will help small and medium-sized organizations move to the cloud confidently and be future proof”, said Rajiv Sodhi, Chief Operating Officer, Microsoft India.
Microsoft further added that the Dynamics 365 Business Central automates and streamlines business processes including finance, manufacturing, sales, shipping, project management, services and will provide an opportunity for organisations to upgrade from their current accounting software and legacy ERP systems. It integrates with other Microsoft cloud services including Microsoft 365 and can be customised or extended for specific industry needs.