How To Streamline Your Accounting Operations With Business Central And Power Platform

Power Platform by Microsoft is a combination of various applications including office 365, Dynamics 365, Azure, Power Apps, Power BI, and Microsoft Flow. This platform is essential to businesses and organizations since it provides a simple platform to exchange information seamlessly. Microsoft Dynamics 365 Business central is an Enterprise Resource Planning (ERP) system that provides a one-stop shop for inventory, warehouse management, and finance.

You can augment some Power Platform application into Business central existing windows and workflows to get more features of the Enterprise Resource Planning. Here is how to Business central benefits from Power BI and Power Automate.

1. Power Automate

This is a Microsoft service that allows you to have automated workflows between hundreds of applications and services to perform operations on incoming data, synchronize files, get notifications and collect data.

Power Automate can listen to events in Business Central while performing operations on the data at the same time. For instance, Business Central support e-mail workflows that allow posting of purchase invoice only when an approval has been issued; however, it cannot include data from other tables in the approval email.

Power Automate on the other hand can listen for the approval request and produce its workflow that has more nuanced conditions. This is where a microsoft gold partner comes in to help you automate your workflow with Microsoft solutions. Taking the example of email work-flows, Power Automate can look up related tables to provide more detailed information on the approval request.

2. Power BI

A suite for business intelligence, Power BI is a secure cloud service that allows for data visualizations of products and data from many teams and individuals in dashboards, reports, and Power BI apps. It can streamline publication and distribution capabilities as well as well integration with other Microsoft products

You can use Business Central to display Power BI reports such as salesforce, google analytics, and Microsoft Dynamics quickly and easily on the role center or use it as a source of data for Power BI.

Additionally augmenting Power BI with Business central allows for streamlined emailing of the large accounting and analytics reports and files to the BI service and you can refresh the data anytime whenever the underlying dataset is updated.

Business Central benefits from power BI because of the ability to customize navigation. This gives developers the power to customize navigation to allow views to find relevant reports quickly and understand the relationships between various reports.

Power BI can directly refer to web services from Business Central to combine and visualize the data from the ERP enabling real time information. The dashboards can be updated in real time as data is pushed indirectly from the Business central. This allows for faster problem solving and identifying of new opportunities quickly. Any new report can be displayed and updated in real-time.

Conclusion Knowing more about Business Central, Power Platform, and how to utilize both solutions to streamline your accounting operation is vital if you want better results. With a microsoft gold partner, you will not have to worry about a thing. The experts are well experienced and are readily available to solve your accounting problems.