ERP Modernization, Manufacturing, Microsoft Dynamics 365

US-based Cannabis Company Enhances Financial Accuracy with Dynamics 365 Business Central

US-based Cannabis Company Enhances Financial Accuracy with Dynamics 365 Business Central

About the client

The client is a US-based cannabis company that owns two renowned brands, which are known for their top-shelf products, state-of-the-art production facilities, and commitment to quality.

Client challenges

The client relied on QuickBooks for accounting and Dutchie for retail operations. However, this siloed approach led to several challenges:

  • Lack of integration: QuickBooks and Dutchie operated as separate systems, hindering data flow between critical business functions.
  • Disconnected experience: Fragmented data made it difficult to see a holistic view of operations.
  • Manual data entry: Manual data transfer between systems was prone to errors and was time-consuming.

Solution

To address these challenges, experts at LevelShift implemented Dynamics 365 Business Central.

  • Comprehensive business management: New purchase, sales, financials, and inventory management modules within BC provided a unified system for managing all critical business functions.
  • Integrated data flow: A smooth integration between BC and Dutchie automatically fed daily sales data. This automated the daily transfer of retail sales data into BC, providing a real-time view of sales performance.
  • Independent entity control: The client can keep control of their two brands within one system, avoiding complex consolidation processes.
  • Independent configuration and data: Each brand maintains its own configuration, chart of accounts, and master data, ensuring control over its financial information.

Benefits

  • Centralized management platform: BC’s ability to manage multiple companies within a single platform offered centralized access to all company data.
  • Streamlined workflows: Easy switching between companies within Business Central facilitated smooth workflows and consistent monitoring across all business units.
  • Improved inventory management: Streamlined stock control ensured accurate stock levels and reduced discrepancies.
  • Enhanced financial accuracy: Automatic data transfer and optimized accounting tasks minimize errors and improve financial transparency.
  • Data-driven decisions: Real-time insights enabled quick identification of trends and strategic decision-making.

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