Artificial intelligence (AI) is rapidly transforming the way businesses operate. From automating tasks to improving decision-making, AI can help businesses of all sizes to gain a competitive advantage.
Microsoft Dynamics 365 Business Central is a cloud-based ERP solution that is now infused with AI capabilities. This means that businesses can now use the power of AI to improve their operations and grow their business. Here are some of the ways that AI in Dynamics 365 Business Central can help you revolutionize your business.
AI can automate many of the repetitive tasks that your employees currently perform, such as data entry, invoice processing, and customer service inquiries. This can free up your employees to focus on more strategic and value-added task
AI can help you to make better decisions by providing insights into your data that you might not have been able to see before. For example, AI can help you to identify trends in your sales data, predict customer demand, and optimize your supply chain.
By automating tasks and improving decision-making, AI can help you to boost the productivity of your business. This can lead to increased profits and improved customer satisfaction
Here are some specific examples of how AI is being used in Dynamics 365 Business Central:
Drive sales with AI-generated product descriptions
Business Central accelerates time to market with AI-generated product descriptions, right from where you manage your inventory. Business Central uses Azure OpenAI and GPT technology to suggest a compelling product description based on the item’s attributes, category and name (description). If you are a Shopify customer, you can connect Business Central to Shopify using our extension and will benefit from new actions on the item card and list.
Optimize inventory with Sales Forecasting
AI can be used to optimize inventory levels and ensure that you have the right products at the right place at the right time. Using AI, the Sales and Inventory Forecast extension predicts future sales using historical data to help you avoid stockouts. Based on the forecast and inventory levels, the extension helps create replenishment requests to your vendors, helping you save time and improve inventory availability
Anticipate business challenges with Late Payment Predictions
Effectively managing receivables is critical to the overall financial health of a business. The Late Payment Prediction extension can help you reduce outstanding receivables and fine-tune your collections strategy by predicting whether sales invoices will be paid on time.
Enhance decision-making with Cash Flow Analysis
Azure AI in Business Central helps you create a comprehensive cash flow forecast with Cash Flow Analysis, enhancing decision-making so you can stay in control of your cash flow.
If you are looking for ways to transform your business with AI, then Dynamics 365 Business Central is a great option. With its powerful AI capabilities, Dynamics 365 Business Central can help you automate tasks, improve decision-making, and boost productivity.
How CETAS can help in implementing Dynamics 365 BC with AI function Cetas, a leading Microsoft Dynamics Gold Partner with experience and expertise in Microsoft Dynamics and implementation across industries, help you implement Dynamics 365 Business Central for your enterprise and take benefit of its AI capabilities. Contact us today to learn more about AI features in BC and will let you put into effect Dynamics 365 Business Central with AI capabilities.