Previously, Microsoft had two apps, Microsoft Dynamics AX and Microsoft Dynamics Madeira, that managed the functionalities related to managing finance, projects, field service, etc. Since the integration of CRM and ERP, Microsoft has changed its name and brought them under the same platform as Microsoft Dynamics 365 Financials and Operations which is licensed through a network of Microsoft Dynamics 365 Partners. The following are the ways that new suit of Dynamics 365 helps you:

Microsoft Dynamics 365 for Financial and operation helps a company:

1. To improve their financial performance: as the Microsoft Dynamics 365 Partners would tell you, this suite of programs come with robust reporting and embedded real-time analytics. This helps to simplify financial management over a global structure. You can enjoy amazing features like financial process automation, budget planning, and control, three-way matching, encumbrance, etc. that considerably reduces operational costs. All these features ultimately lead to optimized production and better financial performance.

2. To connect and optimize global manufacturing: this suit helps you to run more agile and smooth-running operations by providing you with the capability of planning, operations, cost management, and scheduling. Not only this, but it also helps you to optimize your manufacturing on a global scale, with the help of efficient manufacturing parameters. These parameters include make to order, make to stock, pull to order, engineer to order and configure to order, etc. With its real-time visibility, you can simplify scheduling as well.

3. To streamline the supply chain of the company: Dynamics 365 Financials and Operations allows you to sync all the logistic data across sites, warehouses, and transportation models. This not only reduces the cost but also provides you with a complete view of the supply chain, as a result of the integration of sales and purchasing with logistics, production and warehouse management. This also allows you to respond to the clients and customers faster and hands you better control over purchasing.

4. To simplify regulatory services configuration: the legal requirements for a business are constantly changing. It becomes quite difficult to keep pace with them. With Microsoft Dynamics 365 Financials and Operations, you can easily configure your system settings for payment formats, electronic invoices, regulatory reports, and tax rules. This gets better as you can use a single regulatory configuration across various platforms, thereby considerably reducing the chance of mess-up or confusion.

If you are wondering, how to get the license to this amazing suite of business solutions, then we have the answer to your quarry as well. Microsoft Dynamics 365 partners are distributed around the world and would help you with the entire process of licensing, deployment and implementation. Their functions are:

• To evaluate new solutions.
• Customize existing solutions.
• Staying on track.

Thus, choose your implementation partner and get started.

SUMMARY

This article highlights the prime ways in which Dynamics 365 Financials and operations is helpful. It also stated that the users can get the licensing and get the suit implemented through Microsoft Dynamics 365 Implementation Partners.