Dynamics 365 Business Central provides you with a fully integrated order-processing suite that manages both purchase and sales orders.
The relevant functionality links across the whole system providing end-to-end visibility of an order lifecycle - giving you and your business complete control and visibility.
Sales Order Processing
The purchasing function provides visibility of stock levels, sales history and forecasts to create a suggested purchase list. Purchase orders are automatically generated (if required), and vendor information is then used to provide cost prices and delivery expectation. Integrated workflow can then generate authorisation requests according to your business rules, and purchase orders can be sent out automatically via email or post according to preferences.
Goods are then received into the stock management or warehouse systems (depending on the level of sophistication required) and when a purchase invoice is received, it can be automatically matched with outstanding receipts. Again, approvals of invoices can be sent using workflows and once they're posted to the ledger invoice ageing is made visible to the purchase ledger staff.
Integrated document management provides features such as barcoding documents which allows documents to be scanned and automatically linked to the relevant Dynamics 365 Business Central record. When the invoices are due, they're put onto a payment suggestions. Once confirmed or approved, BACS files are produced or cheques are printed. Even SEPA payment mechanisms are now accommodated!
So in summary, the Purchase to Pay and Sales to Cash processes in Dynamics 365 Business Central are widely used and feature rich. The solution can accommodate business that require sophistication, as well as those who require a simple to use, straightforward process!
If you're looking for a bit of training on the purchasing module in Dynamics NAV | 365 Business Central then we have just the thing for you! We offer a completely FREE 1 day course which will take you through the capabilities of the Dynamics NAV solution and its uses.Book your free training here!