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TIMES OF RISING Latest Articles

Dynamics 365 Finance and Operations Help Scale Up Financial Management and Improve Supply Chain Management 

With the implementation of Dynamics 365 Finance and Operations, businesses can have a single system to look at their financial data and manage inventory, supply, production processes as well. However, you have the choice to use either both the applications or just one depending on your organization’s needs and processes.  

D365 Finance and Operations Services  

Financial System Implementation 

Connecting to an official Microsoft Partner, you can save time and effort that goes into the implementation of Microsoft Dynamics 365 for Finance and Operations. Experts utilize time, your business budget, and resources efficiently and effectively. They look at all software components including chart of accounts, dimensions, accounts receivable, accounts payable, cash management, fixed assets and perform integrations to every other part of the system such as manufacturing, purchasing, sales, inventory control, and field service. 

• Discovery and Business Gap analysis 

• Process Review 

• Process Re-Engineering 

• Data migration 

• Testing 

• Training 

Master Planning 

With the Master Planning functionality in Microsoft Dynamics 365 for Finance and Operations, manufacturing and distribution businesses can have the ability to turn sales forecasts into production and purchasing plans. This functionality helps production units purchase and make the right items at the right time, reducing inventory and transaction costs.  

• Sales forecasting 

• Production scheduling 

• Material planning 

• Capacity planning 

Financial and Operational Reporting 

Microsoft Dynamics 365 for Finance and Operations comes with standard reporting capabilities. Also, you can connect to our Dynamics 365 F&O Consultants to get tailor-made reports to streamline business processes. These custom reports provide information to assist executive teams in making data-driven decisions. You can make the most of data visualization, BI tools, and key metrics to identify potential issues and prompt its resolution. 

• Develop and custom financial reports 

• Develop and custom operational reports 

• Create reports from API feeds 

• Design and deploy a data warehouse 

• Deploy reporting in Microsoft Power BI 

Financial Budgeting and Planning 

Businesses in manufacturing and distribution can make the best of budgeting and planning functionality in Microsoft Dynamics 365 for Finance and Operations to transform sales forecasts and budgets into viable plans. It allows you to measure performance against budgets and forecasts and generate alerts. It primarily helps reduce financial, material, and operational complexities within the organization.  

• Sales forecasting 

• Budget development 

• Automated load of the budget data 

• Automated financial consolidation  

• Reporting of budget versus actual 

Version Upgrades or Cloud Migration 

You can upgrade or update your existing Enterprise Resource Planning (ERP) application to boost efficiency and drive more productivity. For the most part, on-premises business applications are extensively customized and businesses often install numerous third-party tools to manage all the operations. In these circumstances, the cost of an upgrade could be as high on the pocket but if you plan to migrate to a modern, cloud-based solution like Microsoft Dynamics 365 for Finance and Operations, you can save time, costs, labor, and drive greater efficiency as well. 

• Assess upgrading versus migrating to a new system 

• Compare cost and effort for cloud versus on-premises implementation 

• Navigate for extended support or end of support for Microsoft Dynamics products 

• Stabilizing the current ERP system and then migrate it to the cloud 

Above all, if you connect to an official Microsoft Partner like inoday, who holds rich experience and expertise in driving successful Digital Transformation via Cloud Computing Solutions, you will put yourself in a win-win situation! 

For more details on Dynamics 365 Finance and Operations, you can write to us at info@inoday.com  

Or 

Schedule A Demo 

inodayInc

inodayInc

inoday is a # 1 certified NetSuite Channel Partner offering cloud-native business management solutions and services for about 15+ years. We are accredited for its willingness to deliver best, industry-specific expertise, and custom software development capabilities to solve mission-critical issues. Headquartered in India with global presence, covering New York, New Jersey, Las Vegas, Florida, and other nearby regions in the United States territory, we are committed to innovation, automation, and captivation. inoday specializes and our key areas of NetSuite Service and Solutions cover: · NetSuite Consulting · NetSuite Implementation · NetSuite Licensing · NetSuite Support · SuiteApp Development · SuiteCommerce Advanced · NetSuite OpenAir · NetSuite Integration (Bank, Integrator.io, Marketplace, 3PL, Payment Gateway, Appointment Portal, RFP, HubSpot) · NetSuite Plugins and Connectors (Shopify, e-Invoicing, Magento, Hubspot) · Inoday India Tax Bundle · SuiteScript 2.0 · PHP/Open Source (Magento, Shopify, WordPress, and Custom Application) · CRM

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