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What’s Coming in Business Central 2024 Wave 1

24 Apr

What’s Coming in Business Central 2024 Wave 1

by mehreen hasan
in Managed IT
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The latest 2024 release wave 1 of Dynamics 365 Business Central is set to introduce a suite of enhancements aimed at small and mid-sized organizations, further streamlining their business operations. As a cornerstone of modern business management, Business Central integrates various facets of business operations from finance and supply chain management to project services and sustainability reporting, offering a comprehensive solution that is both scalable and customizable to meet the unique needs of diverse industries.

Enhanced Copilot Capabilities: A Leap in Business Process Optimization

A significant highlight of this release is the expansion of Copilot capabilities, mirroring the productivity gains seen with GitHub Copilot in the developer community. This advancement is not just a step but a leap forward in optimizing business processes and task completion, making the everyday operations of professionals smoother and more efficient. The enriched application metadata now available offers a richer Copilot experience, suggesting a future where AI is an integral part of business decision-making and operations.

Compliance and Usability at the Forefront

Staying compliant while focusing on core business functions is a challenge for many organizations. The 2024 wave 1 release addresses this by automating regulatory tasks, thereby ensuring compliance with various government regulations without compromising on operational efficiency. Moreover, the introduction of selection-aware, context-based actions signifies a significant improvement in usability, allowing for a more intuitive interaction with the application.

 

Noteworthy Updates and Investments

Integration with Microsoft Power Platform

The integration with Microsoft Power Platform has been made more seamless, providing organizations the tools to adapt faster by automating workflows with ease. The addition of new templates supports a broader range of scenarios, enabling more efficient process automation right out of the box.

Application Enhancements

The application segment sees improvements in project and service management capabilities, alongside a more refined consolidation experience in finance. This is in line with Business Central’s commitment to responding to customer requests and market trends, such as the expanded use of the platform for multicompany and cross-border operations.

Governance, Administration, and Legislation

The release introduces additional self-service features for administrators, enhancing their ability to manage access and audit admin operations effectively. On the legislative front, new capabilities like accessing VAT dates for transaction previews and the introduction of a sustainability journal cater to the growing need for sustainability reporting and compliance with local regulations.

Enhanced Reporting and Data Analysis

With new capabilities added to Analysis mode and the ready integration of Power BI and Excel Layouts, the reporting and data analysis functions are set to become more robust, offering deeper insights and a more integrated experience.

Service and Platform Stability

Continued investments in the service and platform fundamentals underscore Microsoft’s commitment to delivering a solution characterized by high availability, performance, security, and compliance.

Conclusion

The Dynamics 365 Business Central 2024 release wave 1 is poised to significantly enhance the way small and mid-sized businesses operate. By integrating advanced AI capabilities with essential business functions, it promises not only to streamline operations but also to provide the agility needed to adapt to changing business environments and regulatory landscapes. With its expanded global availability and continued investment in developer productivity, governance, and data analysis, Business Central is shaping up to be an even more indispensable tool for businesses looking to thrive in the modern digital economy.

To explore how this latest release can benefit your business, don’t hesitate to connect with us at 866-956-1636 or contact our sales team. For an in-depth exploration of the full spectrum of features and functionalities set to debut in this release wave, review the official Dynamics 365 Business Central release plan.

 

 

 

 

 

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Steve’s been with SMB Suite since 1998 and has been involved with nearly every aspects of the Company’s business as a strategist, professional services executive, cloud solutions architect, and senior consultant. In his current role, Steve is responsible for SMB Suite’s revenue and oversees the execution of ERP, CRM and BI projects for customers across a broad range of industries. Steve combines his expertise in MS Dynamics GP, CRM and other Microsoft products with a strong foundation in accounting and business to identify gaps and streamline customers’ processes. Prior to co-founding SMB Suite, Steve was previously Corporate Controller for MEHLE Behr and, prior to that, Audit Senior for Ernst & Young. Steve holds a Bachelor of Business Administration degree from the University of Texas at Arlington.

Jeremy is responsible for SMB Suite’s technology vision, strategy and implementation and is the architect of the Company’s Dynamics Cloud Platform. Highly adept in every facet of managed services, ERP systems and e-commerce platforms, Jeremy’s expertise spans the implementation and support of business and financial software solutions, as well as the customization and integration of SMB Suite’s cloud ERP technology stack. He holds numerous Microsoft and industry-related certifications, and was primarily responsible for designing the Company’s progressive business services platform in the early days of the Cloud. Prior to SMB Suite, Jeremy served as the financial analyst, systems administrator, and information systems liaison for a $2 billion financial services corporation.

Monty is responsible for SMB Suite’s day-to-day operation and, most importantly, its customers. As a leader, motivator and mentor, Monty creates loyal high performance teams willing to “walk through walls” to accomplish their goals. Prior to SMB Suite, Monty served as President of The Bradshaw Group (TBG), a global distributor, manufacturer, and repair facility for digital printers. In this role, he was the Company’s ambassador to its most important domestic, European and Latin American customers and TBG achieved a best-in-class Net Promoter Score of 74 for its superb customer satisfaction. Prior to TBG, Monty served as the General Manager of Sam’s Clubs three highest grossing U.S. stores and was named Regional Operator of the Year in 1999. Monty holds a BBA in Marketing from Texas Tech University and is an active member of Business Navigators. He has been active in Vistage International, Executives in Action, the Dallas/Fort Worth Retail Executives Association, as well as, A.P.I.C.S., the leading professional association for supply chain and operations management. Monty also volunteers with Hunger Busters and ManeGait, a therapeutic horsemanship organization.

David is a proven financial and information technology professional with expertise in providing business accounting software and computing solutions. He began his career by starting and managing a successful independent consulting practice for several years. He then launched the local systems consulting unit of Ernst & Young’s Entrepreneurial Services Group, leading the office into the hi-tech consulting arena. After successfully developing the unit for Ernst & Young, David founded NextCorp (which became SMB Suite in 2013) to serve the business software needs of clients throughout the US. David has made SMB Suite one of the best cloud ERP providers in the industry. In addition to being a successful entrepreneur and leader, he is a software and technology specialist, holding certifications in various Microsoft and other technologies.