Microsoft Dynamics 365 Finance & Operations

Microsoft partnet

What is Dynamics 365 Finance and Operations

Web-based enterprise application

Microsoft Dynamics 365 Finance and Operation
  • Easy to use, access from any machine with web-browser from anywhere
  • Supports enterprise financial and operations requirements – modules

Integrated with Power BI

Microsoft Power BI
  • More of visibility leads to optimization of your business operations and
    accelerating your growth

Cloud vs and On-Premises versions of Dynamics 365

Area/DeploymentOn CloudOn Premises
Key DifferentiatorsComplete cloud subscription from MicrosoftComplete on-premises installation (like AX 2012 and prior versions), only manage code deployments thru LCS (cloud)
Environment ManagementMicrosoft managed subscription1. business data and install – customer managed
2. LCS – code deployments
LicensingSubscription: Per month per user costPerpetual: Buy server & user licenses upfront and pay annual software assurance (SA) fees.
User countMin 20 usersNo min user requirement (min hardware is scoped based on 250 users, 9 + 2 VMs)
AvailabilityAvailable since 2016June, 2017
InfrastructureMicrosoft fully managed cloud serviceCustomer or partner managed infrastructure
Data Location and TrusteeMicrosoft managed data centersLocal data center Disconnected from cloud
High Availability and Disaster RecoveryIncluded in Microsoft SLACustomer or partner responsibility
Updates and monitoringMicrosoft LCSMicrosoft LCS
Intelligence and analyticsCreate/publish Power BI reports
Out-of-the-box reports
Customized workspaces
Create/publish Power BI reports
FunctionalCheck with below link : Click here

Benefits of D365 Finance and Operations for Users

Easier access to budget information

New inquiry pages will enable users to get access to budgetary information more efficiently. Pages such as Budget control statistic summary, Budget register entries, and Budget plans allow users to find all budget maintenance and monitoring tasks in a single workspace

Vendor purchase order confirmation

Through the self-service vendor portal, users will be able to send purchase orders for approval, and let the vendor confirm or reject. Vendors will also be able to get an overview of all the confirmed purchase orders for their account through the portal, meaning less paperwork for your purchasing department, and fewer misunderstandings between customer and vendor

Web-based login

There are a couple of big changes that users are likely to spot immediately; deployment, and interface. All Dynamics 365 apps are browser-based, so you no longer need to load up a program on your computer to access it. Simply head to a web browser, and you’re in. This new login procedure is also a boon on the accessibility and mobility front, meaning the app can be accessed and run from almost any device

New User Interface

Finance and Operations also looks a lot different to its forerunners, having undergone a major facelift since AX 2012. The sleek new design is aimed at improving user experience, and encouraging collaboration with other users. The interface is also customizable, with each user able to personalize their homepage with custom colors and default start pages

Improved search

F&O’s global search feature makes it easier to find the information you need, no matter where it is in the system

Inventory balance overviews

Users can get a quick overview of their inventory balance, work in progress inventory balances, and annual inflow and outflow through the cost administration workspace. These balances are updated automatically every 24 hours, and can also be updated manually if needed

Introduction of workspaces

Role Centers have now been replaced by Workspaces, which allow multiple aspects and features of F&O to be used simultaneously via a customizable dashboard. These Workspaces simplify the user experience, and help make even new or inexperienced users more productive by allowing them to filter datasets without SQL knowledge. New view features enable users to add, move or hide fields in their Workspace, and also share views with other users

More Integrations

Being a cloud-first platform, Dynamics 365 also has the potential for extensive integration with other platforms. Dynamics 365 for Finance and Operations integrates seamlessly with other Microsoft cloud products such as Office 365, Power BI, and Dynamics CRM apps

More Frequent updates

With a cloud-based instance or on premises instance, there’s no need to wait for a new version to be released to get the latest features and updates. New developments and fixes are rolled out frequently to Finance and Operations, and all you need to do is accept them, with no time-consuming individual machine updates to deal with..

More Flexibility

Dynamics 365’s new licensing model not only means users can save money on user and device licenses, but the improved flexibility of the pricing model opens the door for more businesses to utilize Dynamics’ capabilities

Embedded BI Reports

With Dynamics 365, it’s possible to create and embed highly-intuitive business intelligence reports and visualizations into the Finance and Operations interface.

Increased integration with Excel

Integration with Excel enables users to utilize spreadsheets to enter, update or delete demand forecasts from within the Finance and Operations interface. Users are also able to export account structures to Excel

Mass financial period closure

In F&O, users can update and change the period status for multiple company records simultaneously

Performance monitoring

By connecting Finance and Operations, users will be able to generate robust, customizable financial and retail channel health reports from their Dynamics 365 data in just a few clicks