Toronto & Mississauga’s CFOs Explore Microsoft Dynamics Business Central Updates

VOX ISM and SBA hosted an engaging seminar for the CFO community, spotlighting the latest Microsoft Dynamics Business Central Software Updates (Wave 2). The event drew a full house of finance leaders eager to learn how to optimize their accounting operations with cutting-edge tools like Microsoft AI Copilot.

Highlights of the Event:

Ramki Balakrishnan and Mike Fontaine led the session, delivering insightful presentations that captivated the audience. They expertly demonstrated how the new features in Business Central can streamline financial operations, improve reporting accuracy, and enhance efficiency in Accounts Receivable (AR) and Accounts Payable (AP) departments.

The seminar covered key topics, including:

  • The Benefits of the Cloud: Attendees learned about cloud security, privacy, and compliance, and how migrating to a cloud-based solution offers robust advantages over traditional methods.
  • Transitioning from Excel and QuickBooks: CFOs explored the strategic advantages of upgrading to a comprehensive system like Business Central, moving beyond the limitations of legacy tools.
  • CFO-Centric Insights: The speakers highlighted the integration with Power BI, demonstrating how CFOs can easily transform data into actionable insights. Microsoft AI Copilot was a standout feature, showcasing its ability to automatically generate reports and charts, reducing workloads by up to 20%, according to data from the US government and Microsoft.

The session also emphasized the importance of upgrading to Business Central, underscoring its capabilities in enhancing efficiency, security, and data usability. Attendees gained practical knowledge on how to transition smoothly, with detailed discussions on data migration, training, budgeting, and implementation speed.

Event Agenda Recap:

  • Copilot Orientation: An introduction to the latest AI features in Business Central.
  • Business Central Overview: Focused on accounting features like dimensions, projects, multi-currency, and multi-company setups.
  • Power BI Integration: Showcased the ease of generating financial reports and leveraging AI-powered insights.
  • Moving to the Cloud: Covered the strategic benefits, implementation process, and security considerations.
  • Implementation Best Practices: Detailed guidance on data migration, budgeting, training, and execution speed.

Both Ramki Balakrishnan and Mike Fontaine did a fantastic job engaging the audience, providing them with actionable takeaways to optimize their accounting software. The session highlighted how CFOs can leverage new technologies to enhance their strategic roles and drive efficiency.

If you missed this event or want to learn more, register for our upcoming webinar, CFO Round Table – Event Recap, on October 29th from 11:00 AM – 12:00 PM, and experience the power of Microsoft Dynamics Business Central for yourself!