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Microsoft Dynamics 365 Finance
The Microsoft Dynamics 365 Finance software suite lets you optimize and automate your financial processes.
What is Microsoft Dynamics 365 Finance?
Microsoft Dynamics 365 is a modular ERP and CRM cloud platform that brings together numerous business applications. These include Dynamics 365 Finance – a group of related financial management modules. This lets your organization automate financial processes, such as its general ledger, invoicing, payments and budgeting, and generate all manner of automated reports.
The power of Microsoft Dynamics 365 Finance
With Microsoft Dynamics 365 Finance, your organization will enjoy benefits such as:
Automate manual work
Financial processes, including everything around order-to-cash and procure-to-pay, were long known for their high manual workloads. With Microsoft Dynamics 365 Finance, you can automate many of your manual tasks, such as order entry, the processing of both purchase invoices and payments, and the issuing of reminders.
A single centralized source of information
Seamless integration of Microsoft Dynamics 365, Microsoft 365 and all of your financial and other partner applications gives you a single, centralized information system. Thanks to the combination of accurate, up-to-date data and AI-based technologies like machine learning, you gain real-time insights into all financial aspects, so you can make data-driven decisions. On top of that, it allows you to anticipate potential challenges and risks with predictive analyses, such as cash flow projections, forecasting of customer credit risks and detection of irregular patterns that may indicate fraud.
Compliance and easier reporting
With the extensive integrated reporting features and integration of Power BI, you can automatically generate up-to-date, reliable and consistent financial reports. So you can be and stay compliant, because the no-code configuration makes it quick and easy to meet new statutory reporting requirements.
Strategic impact and cost savings
With 360° views of all your business data, real-time insights and AI-based cash flow projections, Microsoft Dynamics 365 Finance improves your strategic decision-making. Benefits like the automation of time-consuming manual tasks and the streamlining of financial operations offer you huge cost savings.
Microsoft Dynamics 365 Finance: the main benefits
Microsoft Dynamics 365 Finance supports your employees in areas such as:
- Automatic processing of supplier invoices
- Credit risk and collections management
- Accurate cash flow projections
- Customer payment forecasting
- Tax returns
- Monthly accounts and consolidation
- Accelerated invoice delivery
- Project administration and accounting
A total solution for your finances
Here’s a quick rundown of the main pros of Microsoft Dynamics 365 Finance as a total digital solution for all your financial processes:
- Work smarter by automating and optimizing your processes.
- A single centralized source of information, for a data-driven organization
- Predictive analyses help you anticipate financial challenges and risks.
- Microsoft Dynamics 365 is a Software-as-a-Service (SaaS) solution that runs entirely in the cloud, making it secure, flexible, always up-to-date and seamlessly scalable to your organization’s changing needs.
Microsoft Dynamics 365 Finance: FAQ
What does Microsoft Dynamics 365 Finance cost?
That depends. Microsoft uses a subscription model for Microsoft Dynamics 365. How much you pay depends on factors like the number of users, the functionality those users need and whether you have a one-month, one-year or three-year contract. Want an idea of what Microsoft Dynamics 365 Finance would cost for your organization? Please get in touch with our Conclusion MBS advisers. To learn more about the licensing model, please visit the license page.
Why should I choose Microsoft Dynamics Finance over other financial software packages?
Financial software packages like Exact Online, Twinfield and Visma offer high-quality solutions, but lack some of the benefits of Microsoft Dynamics 365 Finance. First of course we have its seamless integration with all other products in the Microsoft ecosystem – and many others, to boot! Also in terms of scalability, flexibility, user-friendliness and security, Microsoft Dynamics 365 is the best in its class. Finally: Microsoft Dynamics 365 gives you automatic access to all the new technologies that Microsoft rolls out. Especially in AI, this can offer a critical edge, such as with the smart assistant: Copilot.
Want to learn more about Microsoft Dynamics 365 Finance?
Please email or call Jan-Douwe
