Microsoft Dynamics 365 Business Central is an enterprise resource planning system from Microsoft. The product is part of the Microsoft Dynamics family, and is the successor product to Microsoft Dynamics NAV, Microsoft Dynamics GP, and Microsoft Dynamics SL.
It is not hard for new customers to get Microsoft Dynamics deployed as their ERP and CRM systems. However, the existing users often find themselves confused about how to upgrade to Dynamics 365 Business Central. They have various concerns regarding the upgrade, such as: Will their previous system become obsolete since the new one has been introduces? Cost of up gradation? When is the best time to upgrade to Dynamics 365 Business Central?
Here is the answer to all the relevant questions concerning Microsoft Dynamics 365 Business Central. But before getting into the details, let’s understand the solution first:
It is better to clear the fact that Dynamics 365 Business Central is no alien application. It is a simple upgrade from Dynamics NAV, which not only shares its familiar interface but consists of all the functionalities that NAV users are used to. There has been a lot of buzz regarding the launch of the new solution, and rightly so. Microsoft has been putting lots of resources to its development and has already created a roadmap for future development. It is made to adapt to advancements and aims to become an end-to-end solution for business processes. This includes the following:
- Supply chain and inventory management
- Accounting and financial management
- Human resource management
- Service management
- Operation management
- Project management
Now, let us jump into then important questions:
- Is it a must for existing customers to upgrade to Microsoft Dynamics 365 Business Central?
Dynamics 365 Business Central comes with Artificial Intelligence or AI which analyzes data, drives insights, and foretells analytics. It enables its users to take informed accurate decisions. This integrating capability of the solution makes it a unified and intelligent one. Additionally, the solution can be customized as per the needs of the users businesses. Microsoft Dynamics 365 Business Central is an all in one business management solution which integrates the sales, manufacturing, reporting, operations, supply chain, accounting, and project management in one platform.
It is a wonderful step, taken by Microsoft, in taking all the functionalities of Dynamics NAV to cloud with upgrade to Dynamics 365 Business Central. Thus, it is only profitable for companies to switch to the new solution with help of Microsoft Dynamics Partners. It will help you get full value out of the investment in terms of annual BREP and licenses.
However, it is also important to mention here that it does not make the previous version of the solution, namely Dynamics NAV and Dynamics 365 for Finance and Operations, obsolete. At the same time, they cannot expect to get any new version for the mentioned solutions. Hence, those who do not upgrade now may have to invest more to upgrade to Dynamics 365 Business Central in the years to come.
- How to upgrade to Dynamics 365 Business Central?
- If you have .NET variables in NAV, then it cannot be deployed in cloud, as Dynamics 365 Business Central does not support it. However, it can be deployed on Azure, as on-premise.
- You also have to convert the .fob files of your company to .al with the help of TextTOAL.
- In terms of data migration, to export data from NAV and then importing them to Dynamics 365 Business Central via XLS, you have to use configuration packages. In case you have large amounts of data, you can opt for other options such as loading data using web services or APIs.
- When can the existing users move to Dynamics 365 Business Central?
With all the legwork already completed by Microsoft Dynamics 365 Business Central, it is best for existing users to upgrade to Dynamics 365 Business Central within June 30, 2020. The users can get discounts for the upgrade too. After June 30, however, all the existing users will have to pay the full prize, same as the new users.
Thus, it is smart to hire an efficient Microsoft dynamics implementation partner and move to Dynamics 365 Business Central. Since it brings so much value to the user company, it is best for the users to upgrade to the new solution.
This article is about the new Microsoft Dynamics 365 Business Central and aims at clarifying certain doubts that existing users seem to have about the upgrade, it also explains various faq asked by many customers.