Most of the distributors feel the pressure to be digitally transformed. Whether it will change the selling method i.e., through digital platforms like Walmart, Amazon, Alibaba, and others, or exploring cloud-based solutions to keep your multiple warehouses linked, transformation is waiting. In addition, any transformation extends to your accounting section doing its best with QuickBooks. Once your business grows, manages more inventory, and generates more data, accounting software QuickBooks struggles to keep all the data. Here Dynamics 365 Business Central comes into the story, which reflects that many distributors are migrating from QuickBooks to Dynamics 365 Business Central.
QuickBooks has gotten you this far, but Business Central can take you to that advanced level. Take a look on to know more about how migrating from QuickBooks to Business Central can specifically help you realign your stock, manage processes, reduce data silos, and enhance inventory traceability across various locations in real-time.
Here are some points that show how QuickBooks to Business Central migration helps Distributors
Get Real-Time Data with Business Central
There is a huge amount of data related to inventory generated by Distributors like total stock available, demand from sales, expected receipts from vendors, and the cost.
- Manually entry of data into the system or transferred through the manual way. As QuickBooks and Excel do not communicate with other systems in your business. All this lack of communication can cause delays and inaccurate inventory data.
With Business Central, all your data is centralized, available to be shared across various departments and locations, easily and automatically. Your inventory data is consolidated in a single solution with no effort on your part. In addition, it eliminates manual exports and imports while ensuring data accuracy and integrity. It shows that more data that is accurate leads to proper analytics, so you can see real pictures of your inventory and costs.
Track and Trace Inventory across Multiple Warehouse Locations
QuickBooks inventory system is not equipped to keep track of serialized or lot-controlled inventory, nor is it capable of communicating among your different warehouses or entities. Whereas, Business Central includes powerful inventory management capabilities and an in-built warehouse management system (WMS). With this, you can easily track transfers of inventory across warehouses, see all orders at a glance, route orders to the correct facilities, and monitor inventory counts at every location.
Make Smarter Decisions
QuickBooks to Dynamics 365 Business Central migration is more than just improving the way you manage inventory or accounting processes. It is about connecting and streamlining multiple processes in your business to give you better visibility into your warehouse operations. In addition, it enables your people to make smarter decisions in your business. When you have that kind of visibility into it then it’s not just your inventory but throughout your business, it is helpful in making real-time decisions about purchasing that keep your inventory availability high and costs low.
Learn more about Dynamics 365 Business Central for Distributors.
For more information and a tailored demonstration contact us today at MetaOption.