Dynamics 365 for Finance and Operations is a boon for any business looking to solidify its operational footing. Today, we will look at the platform in-depth: what it is and its benefits.
Microsoft Dynamics 365 for Finance and Operations is Microsoft's enterprise resource planning (ERP) business application. Built on and for the Microsoft Azure cloud, it's intended to unify global financials and operations to empower your managerial staff to make informed, rapid decisions.
Dynamics 365 for Finance and Operations aids businesses in adapting rapidly to fluctuating market demands and helps drive business growth. It also provides companies with end-to-end intelligent business applications based in the cloud.
Bringing together a diverse set of adaptable ERP capabilities, business intelligence, infrastructure, and database services in one offering, empowers businesses to run extendable industry-specific and operational business processes.
Now you know what Dynamics 365 for Finance and Operations is, let's take a look at some of its benefits.
Dynamics 365 for Finance and Operations helps you pinpoint any redundant resources in your organisation, minimising running costs through automation and optimisation. It's also far easier to customise and integrate different components and modules of your ERP system and your business, including:
As a result, your company will cut costs on customisation and spend less on employee training.
Dynamics 365 for Finance and Operations lets you close books faster, improve cash flow, and simplify global financial management, all using state-of-the-art machine learning. You're able to receive in-depth, data-driven insights into user behaviours and needs to establish meaningful customer relationships and digitally transform your business.
Using proactive guidance for finance management and predictive recommendations, you'll be in a position to engage in product innovation and increase profits.
Dynamics 365 for Finance and Operations gives you access to enhanced analytics, allowing you to analyse reports better, provide real-time visibility to your operations, and produce data quickly.
Powered by Microsoft Power BI, it also has the advantage of an embedded analytical workspace. This workspace enables you to design and distribute reports available in Dynamics 365 through a form extension.
Dynamics 365 for Finance and Operations provides a straightforward and user-friendly intuitive user interface. Combined with a personalised activity-based workspace, users can manage assets and processes more effectively and in real-time.
Microsoft Dynamics 365 for Finance and Operations is hosted in the cloud on Microsoft servers. No more maintaining your own hardware and servers – Microsoft handles everything for you from installation to security to maintenance.
Using Microsoft Azure, the system comes with built-in disaster recovery and round the clock technical support, ensuring the protection of data and workloads.
The cloud-based approach also introduces flexibility to your business, allowing you to scale and grow at your own pace without having to worry about costly overheads.
Microsoft Dynamics 365 for Finance and Operations allows you to foster a more effective, better-controlled operational enterprise. Now you know everything there is to know about the benefits of Dynamics 365 for Finance and Operations.
Are you looking for help implementing your own Microsoft Dynamics 365 solution? Get in touch today and see how we can help you.