Why is CoPilot for Business Central so impactful?

The latest update of CoPilot for Business Central is out, and everything is changing fast.

Things you would spend a ton of time on, are now being automated and you really need to make sure you have the latest update of your Busines Central so you can benefit from these new features!

Conversational chat is released already in January 2024 and it will be the defining gamechanger for current and future users of Business Central - it will completely change the way you interact with your ERP system.

Microsoft Dynamics Business Central is fast and easy to implement and you realize the value immidiately. You also get the added value of a solution that is completely embedded in the Microsoft Platform, so you will recognie the user interface, the interoperability with Word, Excel, Outlook, Teams and everything else you already have running to support your business.

I am biased after many years with ERP but I would like to call out the most important features that I see will bring the ultimate value to users of Business Central:

USE COPILOT TO PULL DATA FROM YOUR SYSTEM AND PRESENT THEM TO YOU

You can ask CoPilot to pull up any information in your system, just by asking for it using keyboard or even voice. Gone are the days of drill-down, digging, setting filters and putting all the pieces together in a spreadsheet or making notes on paper. You ask CoPilot to go find what you are looking for, and you will have it presented as lists, reports, graphics or any other format you wish pretty much.

This feature will allow you to give quick answers to requests from customers, vendors, sales, procurement and finance. Imagine being able to answer quickly and without spending a long day or evening trying to pull numbers our of the system.

BANK RECONCILIATION FINALLY MADE FAST AND EASY

By analyzing bank statements, comparing and interpreting transaction descriptions, handling multiple charges in a single transaction - you will be able to complete your bank rec in minutes instead of hours.

CASH FLOW ANALYSIS TO HELP YOU MAKE THE RIGHT DECISIONS

Use the built-in AI to analyze and predict your cash-flow position, and get a good look of the future cash-flow and make adjustments in a timely manner to secure your financial stability. Have the system give you advice and help on when to cut back on credit when you have free cash, and when to obtain loans and facilities to cover any cash shortfalls.

INVENTORY FORECAST TO MEET DEMAND AND REDUCE INVENTORY

Have the AI help you forecast future demand, reduce inventory, prevent stockouts and help you reorder and replenish when a shortfall is identified. Have Business Central help you keep your customers happy and fulfill their orders every time, and on time.

LATE PAYMENT PREDICTION

Have Business Central help you by forecasting which payments will be delayed, and act immidiately and change payment terms or call them to make sure they know you have your eyes on their upcoming payment. Proactively adressing potential late payments, and minimizing your overdue payments will greatly improve your financial performance so you can sleep well at night.

REPLACE YOUR CURRENT ERP SYSTEM WITH BUSINESS CENTRAL

Because it can happen quickly, migrating your existing data, connecting to your existing API's and Apps. Business Central already have migration tools in place to help you move into the future and have your business benefit from all the features that older systems are unable to offer.

Disclaimer: This article was written without use or support of AI or any LLM-support, so typos and grammar reflects my personal abilities or lack thereof.