Dynamics 365 is the latest cloud service offered by Microsoft which encapsulates CRM and ERP solutions in a single package. That is, you get almost everything that you need to automate the key business processes within your organization. These processes are related to different business functions, such as, Finance, Marketing, Sales, Customer Service, Field Service, Operations, and Project Service automation. However, in this article, we will focus on what specific is there with Dynamics 365 for Finance management.
Designed for small and mid-sized organizations, Microsoft Dynamics 365 for Financials is a comprehensive business and financial management solution that automates and streamlines business processes ordering, selling, invoicing, and reporting much easier. Followings represent an overview of the system:
1. One system for entire Business
Dynamics 365 consolidates erstwhile multiple systems like ERP, CRM and even Office into a single, and well connected application. Users can manage multiple functions like financials, sales, service, and operations all at one place. As these are usually integrated in real-life business situations.
2. Productivity enhancement
It brings together your business process applications and familiar Microsoft Office tools and so boosts efficiency with automated tasks and workflows. Users can also save time by creating quotes, orders and invoices without leaving Outlook.
3. Improved Decision Making
Once you have integrated your entire business processes, you can get a comprehensive picture of your entire business processes, like from accounting, sales, purchasing, inventory, and customer service. You can figure out the trends and issues along with updated data. You can also get reliable reports on each whenever you need. Furthermore, the built-in predictive analytics and digital intelligence allows to add deeper insights into your business, and so help you in making better business decisions.
4. Leveraging Cloud Technology
Furthermore, as this enables your business running in the cloud, it allows you to reap the benefits of cloud technology, such as mobility, universal presence and scalability without involving IT. You are ready to grow at your own pace.
5. Extensibility
Dynamics 365 provides for PowerApps to help developers to build custom add-in apps in a much easy manner, and pushes your business automation to the higher level.
Dynamics 365 for Financials, with cloud capabilities, has come as a boon for the enterprises. To more details on this, please click here.