How will Dynamics 365 Finance and Operations facilitate your business?
September 22, 2022 | Digital Transformation, Microsoft Dynamic 365, Technology | No Comments
Microsoft Dynamics 365 Finance and Operations is a cloud-based ERP system focused on managing all finances and inventory, designed for large companies.
Why choose Dynamics 365 Finance and Operations?
Research leaders predict that the ERP market is expected to grow steadily as systems now focus less on on-premises solutions and more on cloud platforms, artificial intelligence (AI), and the Internet of Things. While the market share of ERP is undoubtedly on the rise, there is a lot of debate as to which ERP has the largest market share and is therefore the market leader. Some of the major players in cloud ERP solutions, such as Microsoft Dynamics 365 Finance and Operations, Epicor, SAP and Oracle, are going all out to win the competition for your business.
If you're new to using cloud-based ERP, here's how it can help your business
* Improve competitiveness
* Improve operational processes
* Participate in organizational activities
* Help manage resources efficiently
Dynamics 365 Finance and Operations (F&O)
Microsoft Dynamics 365 Finance and Operations is a cloud-based ERP system focused on managing all finances and inventory, designed for large companies. It's a complete set of visionary tools that provide complete transparency and insight into your business. Since its release in 2016, Dynamics 365 for Finance & Operations has continued to evolve alongside the entire suite of Dynamics 365 applications.
Dynamics 365 Finance and Operations comes with two different license options:
* Dynamics 365 Finance (for budgeting, finance, accounting and project management)
* Dynamics 365 supply chain management (for design, manufacturing, warehousing and distribution)
Licensing options can help you select and set user access rights based on business processes. It can give you a competitive edge with a modern ERP with a new user interface, new features and integrations. No matter what industry you're in, Microsoft Dynamics 365 Finance and Operations is one of the best solutions your business could possibly need.
As a major competitor in the ERP market, Dynamics 365 for Finance & Operations promises to reduce costs and simplify setup. In addition, it connects seamlessly with a variety of other Microsoft business applications. One of the main benefits of Dynamics 365 is also user training.While every ERP system requires training, Dynamics 365 for F&O has a relatively short learning curve. It has some of the best features to manage your account and works like a dream. According to Forrester, organizations that create a data-driven culture have seen a three-year ROI of 366 percent in Microsoft business intelligence.
Dynamics 365 Finance and Operations at the forefront of the growing ERP market:
Microsoft's Dynamics 365 for Finance and Operations product leads the 2020 ERP Technology Value Matrix. No matter the industry, Microsoft Dynamics 365 provides financial, manufacturing, logistics, supply chain, and regulatory compliance capabilities.
However, the future trends of ERP systems play a unique role in today's growing market trends and demands. Relentless development efforts and significant investments in the Dynamics 365 application suite, including blockbuster acquisitions, have made Microsoft a leading provider of cloud applications.
Microsoft Dynamics 365 was released in a short time and climbed the market share rankings, quickly surpassing Salesforce and Oracle. This certainly makes it clear that future Microsoft Dynamics 365 projects will include more intelligence and cognitive services, proactive use of data to transform your business, and digitally future-proof your business.
How can Dynamics 365 Finance and Operations help your business?
Microsoft Dynamics 365 supports the digital transformation of many companies and industries. Here are some key advantages that prove that Microsoft Dynamics 365 definitely has a competitive advantage over other ERPs on the market.
Financial and Operational Benefits of D365
Reduce costs: It combines your company's expenses and IT perks to create an intelligent cost management program.
Flexibility: Dynamics 365 Finance and Operations applications give you complete freedom to customize and develop on any platform.
Deep-rooted integrations: Dynamics 365 provides deep-rooted CRM, BI, and other third-party integrations to keep your entire organization in sync.
Built-in analytics: Dynamics 365 has built-in analytics mechanisms to help you make better decisions faster.
Azure AI: The availability of intelligent Azure AI provides accurate predictions, tells you what's likely to happen, and provides predictions and recommendations.
Use Dynamics 365 Finance and Operations for your business!
Dynamics 365 F&O has much more than what we reviewed today. If you're evaluating ERP for your company, Dynamics 365 F&O should be at the top of your list. With its advanced features and wide range of benefits, it may be the best decision you can make to help your business succeed.
Great Innovus helps you identify, analyze and figure out the right strategy for a successful implementation of Dynamics 365 Finance and Operations.
Our Microsoft-certified experts can help you learn more about what's possible with Dynamics 365 Finance and Operations and help you identify the right strategy for success. Schedule a call with our experts today!