Understanding the Financial Capabilities of Dynamics 365 Finance & Operation
Businesses are designing their processes to do the job as fast and accurate as possible. Microsoft Dynamics 365 helps businesses to run their operations seamlessly while giving managers real-time information to focus on other areas. Powered by Azure, Microsoft Dynamics 365 Finance & Operations unifies ERP and CRM to break down silos, fuel business growth and streamline operations. D365 Finance & Operation enables organizations to operate globally while following compliance.
Core Financial Capabilities of D365 Finance & Operations
Microsoft Dynamics 365 for Finance and Operations is designed to cater to the requirements of even the most complex global organizations.
Global Financial Features:-
Multi Company:- With D365 Finance & Operations, you can set up, manage, and consolidate an unlimited number of legal entities within a single instance of the application.
Multi Currency:- Dynamics 365 Finance & Operations enables you to transact and report in any currency used around the world with support for automated exchange rate updates, currency revaluation processes, and more.
Multi Language:- You can view screens and reports in 40 languages spoken around the world using D365 Finance & Operations.
Multi Localization:- The localized features of Microsoft Dynamics 365 enable you to meet the local accounting, statutory, and legal requirements in nearly 40 countries around the world.
Inter Company Processing:- The intercompany capabilities enable you to automate projects, manage resources while facilitating financial transactions between legal entities.
Dynamics 365 Finance & Operations features the core capabilities as financial management solution, accounting, general ledger, Accounts Receivable/ Payable, budgeting, financial dimensions, consolidation, elimination, & Fixed Assets to address the requirements of the most complex multi-company & multinational organizational structures. With financial accounting modules tightly integrated with the project management modules, D365 Finance & Operations enables your employees to enter data while you have visibility for that in real time.
Core Accounting:- Dynamics 365 Finance & Operations features integrated accounting modules such as general ledger, banking, accounts payable, and A/R & collections.
Electronic Banking:- D365 helps in enhancing efficiency levels by allowing direct integration with your banks for electronic bank reconciliation, Positive Pay, A/R Lockbox import, and EFT/ACH handling.
Budget & Planning:- Powered by BI, Dynamics 365 Finance & Operations enables you to manage a budget through predictive analytics.
Fixed Asset Management:- With centralized, automated processes, Dynamics 365 Finance & Operations enables you to efficiently track values while reducing reporting errors.
Optimize Workforce Productivity:- Dynamics 365 Finance & Operations empowers employees with role-based workspaces and integrated Office 365 applications to maximize efficiency. It further enables intelligent automation & task prioritization.