Microsoft Dynamics 365 Business Central is a robust ERP solution that over 40,000 businesses rely on to manage their business. Business Central was also named the number one ERP solution of 2024 by Forbes Advisor.
With so many companies using Business Central, and accolades from Forbes, many often wonder why an add-on product is required. ISVs (Independent Software Vendors) exist to enhance the Microsoft business solution ecosystem, providing add-ons and integrations that meet specific business needs not fulfilled by Business Central out of the box. Some ISVs offer industry specific functionality, while others like iSolutions, provide robust automation and enhanced features that expand what the Business Central platform can do.
iSolutions provides iPay to make payment processing easier and faster than ever. The solution is integrated directly to Business Central, leaving many wondering where Business Central ends and where iSolutions begins.
Business Central Out-of-the-Box Functionality
As shown in the chart above, here is the functionality that comes standard with Dynamics 365 Business Central compared to the additional value that iSolutions brings to payment processing.
- Create Sales Quotes, ability to email document as a PDF attachment.
- Create Sales Invoices, ability to email document as a PDF attachment. Include information in the email body with a summary of the invoice and payment information, such as providing a link to PayPal.
- Post Sales Orders to create shipment and invoice. When a sales order is posted, the customer’s account, the general ledger, and the item ledger entries are updated.
- For each sales order, a sales entry is created in the G/L Entry table. An entry is also created in the customer’s account in the Cust. Ledger Entry table and a general ledger entry is created in the relevant receivables account.
- Create recurring sales lines
- Correct or cancel an unpaid posted sales invoice
- Automate Reminders in Collections
- Connection to Shopify
iSolutions Value-Adds
- Sales Quotes:
- Ability to add a link to the sales quote to automatically convert to a sales order.
- Sales Invoices:
- Automatically email invoices directly from Business Central with no manual effort.
- Authorize, capture, and reverse transactions directly within Business Central Sales Orders, Invoices, and Service Documents.
- Provide click to pay link to pay without using a third party like PayPal. When payment is made, the cash receipt is created in Business Central, and the invoice is closed out.
- Sales Orders:
- Create deposits on sales orders. Integrated with Clover for walk in business on sales orders.
- Automatically pull information from each customer account, including sales order information into a customer portal that allows your customers to view open invoices, make payments, and view historical transactions and orders.
- Automated Collection Reminders:
- Send customers automated reminders for past due invoices and include click to pay link.
- Collections manager that provides summarized AR Aging by Customer with notes with configurable AR Aging buckets.
- Shopify Connection:
- Integrate payments into your shopping cart, no matter which product you have in place.
- Manage cash receipts and voids/refunds inside of Business Central.
- Point of Sale:
- Integration directly with Clover for seamless card-present credit card processing that posts directly to Business Central.
- Point of Sale reconciliation for cash drawer and over/short record.
- Summary of activity by each sales drawer including cash received, cash paid out, refunds, net cash, total returns and more.
While Business Central can work out of the box for some businesses, many find that they need the automation and advanced features and functionality that iSolutions provides in order to eliminate manual processes and make payments easier.
If you’re interested in learning if iSolutions is right for your business needs, reach out to us today to schedule a demo.