Dynamics 365 Finance is Microsoft’s premier financial management solution that will automate and enhance your financial operations to boost business productivity. Bond Consulting Services (BCS) specializes in implementing, integrating, customizing and supporting Dynamics 365 Finance as we know the solution has the power to transform financial management and business success for companies of all sizes. Dynamics 365 Finance centers around 3 main business goals:
1. Task Automation and Coordination: Dynamics 365 Finance is seamlessly integrated with Microsoft Teams and the Power Platform to enable users to view important information and collaborate with teammates using tools they are familiar with.
Microsoft is aware that creating and maintaining a budget can be a manual, repetitive and time-consuming process. Therefore, Dynamics 365 Finance enables users to seamlessly create budget proposals based on past budget usage. Dynamics 365 Finance compiles multiple years of historical data to forecast what the budget should look like in a certain period. Users can then post the aggregated budget in Microsoft Teams so coworkers can easily view and update the budget plan in Excel. Teams and Excel have a direct data connection to Dynamics 365 so any changes to the budget are immediately updated in your Dynamics 365 Finance instance.
Dynamics 365 Finance also includes several important dashboards for streamlined data analysis. The Financial Period Closed Workspace enables users to see exactly where their teammates are at on a certain project or functional area. Users can also leverage the chat box in the Closed Workspace to quickly answer questions such as: “Show budget for the IT Department”. This functionality enables users to get an accurate prediction of what their budget looks like and if they will meet or exceed that budget at the end of the quarter. The Financial Analysis Dashboard leverages Power BI to provide rich and interactive infographics and visuals to easily explore data and discover hidden trends. Users can seamlessly drill down through the transactions to see exact expenses and gain actionable insights.
2. Managing Tasks While on the Go: In addition to the already powerful benefits of Dynamics 365 Finance, employees can access their Dynamics 365 solution and Microsoft Teams platform on any device (phone, tablet, laptop, desktop, etc.) so you can get your work done from anywhere at any time!
3. Focusing on Key Financial Tasks: Due to the ongoing COVID pandemic, many employees continue to work from home which can cause distractions and decreased productivity. Dynamics 365 Finance helps you focus on your most important tasks by infusing Artificial Intelligence into Customer Payment Insights. The powerful AI capabilities will determine customers that are prone to paying late and are of the highest risk so you can ensure that all expenses are up to date. AI Customer Payment Insights offers flexibility to your ever-changing business needs by providing the most important insights right off the bat!
To learn more about the impressive capabilities of Dynamics 365 Finance, or to boost your work from home productivity, please contact our BCS Team at sales@lime-falcon-860444.hostingersite.com or schedule a free consultation!
