Advantages of Dynamics 365 Business Central for pharma industry
Microsoft Dynamics 365 Business Central is a business management solution that organizations of all sizes and types can use to manage various business processes. It offers rich functionalities that helps you manage finance, sales, distribution, marketing, manufacturing, and more. As a comprehensive ERP solution, business central is the best fit for pharma companies to ensure their business progress.
Once Dynamics 365 Business Central is deployed, companies can add functionality that suits to the region they are operating and can even be customized. Business Central is quick to implement and easy to configure. If you want to know the benefits of D365 Business Central, you can consult with an experienced Microsoft Partner. Their Dynamics 365 consultants provides you a clear understanding of the ERP solution and guides you to the implementation stage.
If your business is in the Middle East or Asian countries (Pakistan or India), rely on Microsoft Dynamics 365 Business Central UAE in UAE, Saudi Arabia, Kuwait, Qatar, Oman, Bahrain, Kenya, Pakistan, and India.
What benefits does Dynamics 365 Business Central provide to the pharma industry?
Regulatory compliance
Strict adherence to laws, guidelines, regulations and specifications that are relevant to operations must be followed by companies. However, these compliance requirements may differ from region to another. Dynamics 365 Business central does not put any restrictions in regard to compliance needs. D365 Business Central has the functionality that makes it easy for pharma companies to follow compliance requirements. The solution also reduces the paperwork and improves the overall efficiency.
Precise inventory management
Dynamics 365 Business Central allows you to easily manage inventory across different locations and regions. The solution optimizes inventory levels and ensures product availability. It tracks inventory from purchase to the sales of pharma products. You can carry out physical counting of inventory with Physical inventory recording and physical inventory order pages. Also, view the availability of products per location, transfer inventory between locations, adjust and change information, and more.
Secured data
D365 Business Central has a built-in security system that helps protect business data from unauthorized access. It provides access to information only for authenticated users. The security features like role-based access ensures that only authorized people can access your business data. Dynamics 365 Business Central features different levels of security including database-level security, company-level security, object-level security and record-level security.
Product return
D365 Business Central allows you to track products from the early stages until fulfillment. This allows you to find the products that need to be returned within the supply chain and recall them accordingly.
Vendor collaboration
Pharma companies will have to deal with vendors spread across various locations. Dynamics 365 Business Central offers seamless coordination with vendors. It has vendor management features that simplify vendor management from purchasing to payment processes – all from the Business Central workspace. So, you do not need individual software to manage vendor collaboration.
Business Central offers several other benefits that help pharma companies to streamline processes including finance, supply chain, customer service, and sales.
Other benefits that D365 Business Central offers
You can manage your business finance by managing cash flow, bank reconciliation, and budgeting. Reduce your month-end and year-end closing times with connected general ledger, payables and sales ledger data. You can automate these processes with Power Automate. Use Microsoft Power BI, built-in reports and Excel to understand financial trends and improve business planning.
The supply chain module in Dynamics 365 Business Central helps you optimize your supply chain process with better vendor engagement, a comprehensive view of your stock, and stock forecasting. It improves your warehouse operations with enhanced warehouse capabilities.
D365 Business Central helps pharma industries to accelerate sales with flexible discounting and pricing structures. It helps customers to achieve their strongly wished outcomes through better interactions with your organization.
Moreover, get insights into your business performance through real-time dashboards. Improve outcomes and efficiency through AI-powered suggestions based on previous data. Another highlight of Business Central is that you can automate tedious daily processes that consume lots of time. Automation improves productivity, so employees can focus on other things that matter to your business. Improve employee experiences by connecting data with productivity tools like Microsoft Excel and Outlook.
You can expand the capabilities of Business Central by adding other Dynamics 365 apps, Microsoft 365, Power platform and third-party systems and applications. Your Microsoft Partner can guide you on the integration part. When it comes to your pharma business, the best platform that intelligently covers core processes is Microsoft Dynamics 365 Business Central. Always put trust on an experienced Dynamics 365 Business Central Implementation partner.
If you need to include more functionalities to cover your business needs, their Dynamics 365 Consultants will customize and implement it. Moreover, based on what you want to achieve, they pick the right D365 Business Central licensing plan. Experienced and reliable Microsoft Dynamics Partner can help you. So, to improve your pharma business performance and management, get assistance from leading Dynamics 365 Business Central Partners in UAE, Saudi Arabia, Kuwait, Qatar, Oman, Bahrain, Kenya, Pakistan, and India.
