Your Intelligent Assistant for Financial Management!
Microsoft Dynamics 365 Business Central offers a comprehensive and flexible financial solution designed to help businesses in managing their entire financial operations efficiently.
From accounting and budgeting to cost accounting and project management, this platform is built to support business growth by streamlining workflows and enabling better decision-making through access to real-time data.
To whom and why?
1. INSURANCE COMPANIES – Enhances policy management, payment tracking, and claims processing while ensuring compliance with regulations.
2. BANKS & FINANCIAL INSTITUTIONS – Improves loan portfolio management, budgeting, and financial reporting, aiding in risk management and compliance oversight. Supports complex financial processes, including investment management, financial analysis, and reporting
3. CONSTRUCTION & FACILITY MANAGEMENT – Streamlines resource and asset management, offering accurate forecasts and analyses to maximize asset and resource efficiency.
4. PROJECT MANAGEMENT COMPANIES – Optimizes project cost and revenue tracking, resource planning, and ensures precise budgeting.
What will help to solve?
The Microsoft Dynamics 365 Business Central financial solution helps organizations solve a variety of challenges by optimizing financial processes and providing a clear view of a company’s financial position:
E-invoices
- Reduces paperwork and automates invoice procedures, ensuring faster and more accurate invoicing. It is possible to choose and configure between different partners such as Finbite, Fitek, Telema, Telema EDI
Consolidation
- Enables the consolidation of the financial data of enterprises by combining the financial results of subsidiaries into one consolidated enterprise
Cost accounting and analysis
- allows cost sharing to different departments or categories of costs and in-depth cost analysis to make informed decisions and optimize costs
Project management and resource planning
- Improves project management and resource planning using standardized vocabulary and convenient workflows. In the future, Copilot will enable the use of artificial intelligence in project creation and management
Bank interfaces and payment matching
- Ensures seamless integration with banks, enabling automatic payment matching and accuracy of financial data
Manage documents in OneDrive
- You can add different links and attachments to documents (purchase invoices, sales invoices) and main windows, and quickly open attached attachments in OneDrive
Subscription/Subscription contracts module
- It is possible to easily create and automate monthly invoices for services and goods in BC
With Role Center
- you can customize the look of BC to suit your wishes and requirements—so you can easily access the most used features, such as personal shortcuts, KPIs, cash flow charts, etc.
Option to add additional currency – BC allows you to view reports in an additional currency
- Option to add additional currency – BC allows you to view reports in an additional currency
Add dimensions to transactions
- Flexible adding dimensions to documents and transactions allows for in-depth and granular reporting that supports better business decisions
Flexible reporting
- The ability to create exactly the reports that are important to you. Perform pivot-like analysis views into different lists
Periodization
- Automated periodization allows for the sharing of costs and benefits for future periods, ensuring accurate and timely reporting
Manage documents in OneDrive
- You can add different links and attachments to documents (purchase invoices, sales invoices) and main windows, and quickly open attached attachments in OneDrive
Security
- Data storage complies with GDPR requirements, change logs and ledger statements provide feedback to both the manager and the audito
Excel integration
- A list of tables, reports, document rows can be easily obtained by Excel. Using the “Copy” and “Paste” functions, rows can be moved back from Excel and Excel. And, if necessary, if it is necessary to immediately change the data in the program, the “Change in Excel” functionality can be used, which allows you to load the data into Excel and return it to the program with the press of a button.
Revaluation of currency exchange rates on balance sheet accounts
- Allows you to assign to the accounts the currencies that can be used on one account or another and to make a revaluation of assets and liabilities at the end of the period.
Additional features
- OIXIO Power BI Solutions for Financial Management – financial reporting, budgeting, cost allocation, reporting portal.
- OIXIO IFRS 16 – a specialized solution designed for contract accounting under IFRS 16.
- Leasing/Loans – a contract management system intended for companies involved in real estate financing and consumer credit provision.
- Power Automate – a tool that enables the automation of document transfer from one program to another. For example, automatically sending data from MS Teams or Outlook to Business Central. It can also be used to create a simple expense entry system for employees.
- Suno365 – Estonian-based configurations and common local user needs.
Main functionalities
Sales and purchase management
- Manage sales orders and purchase orders
- Invoicing and tracking
- Customer and supplier relationship management (CRM)
- Sales budgets and forecasts
- Create purchase orders from a project
- Sales and purchase processing (e-invoices and confirmation rounds)
Financial management
- Accounting and financial reporting
- Cost accounting and budget management
- Debt and claims management
- Financial forecasts and planning
Fixed asset management
- Accounting and financial reporting
- Cost accounting and budget management
- Debt and claims management
- Financial forecasts and planning
Consolidation
- Consolidated accounting and financial reporting
- Set up a rate exchange for an entity to be consolidated
- Determine the methods for calculating the exchange rate based on the account
- Elimination of recurring transactions
- Fiscal consolidation
- Consolidate Cost accounting
- Consolidating financial forecasts
- Consolidation of debts and claims
Inventory management
- Real-time inventory tracking and management
- Manage multiple warehouses
- Analysis of inventory levels and replenishment needs
- Automatic ordering and replenishment
Data and reporting analysis
- Real-time reporting and analytics
- Sales, inventory and financial statements
- KPIs tracking and dashboard
Project management
- Project planning and management
- Forecasting income and expenses
- Manage resources and schedule
- Cost monitoring and reporting
- Cost sharing for the project
- Project completion calculation (WIP)
Additional solution
- Payroll and personnel solution
- E-invoicing solution
- Bank interface
- Business register interface
Contact Us
OIXIO Group