Microsoft Dynamics 365 is Microsoft’s business application for enterprises that enables people to make smarter decisions quickly through an intuitive user interface that provides access to real-time insights and intelligence. It enables business to transform by delivering proven business logic and enabling them to redesign their business processes faster so they can innovate, get quick time to value to stay ahead of the competition. It gives businesses the flexibility to grow at their own pace and do business nearly anywhere, anytime, through the choice, flexibility, and intelligence of the cloud, allowing them to scale their business operations globally to meet ever-changing business needs.
The financial management capabilities of Finance & Operations means planning, organizing, directing and controlling all the financial activities within your organization such as procurement, general ledger, accounts payable or accounts receivable.
With the procurement and sourcing capabilities you can build and maintain your procurement budget, manage your vendor relations and performance, source for new vendors, negotiate different contracts, execute the procurement and verify your invoices and pay.
Human Capital Management streamlines many routine recordkeeping tasks and automates a number of processes related to staffing your organization. It also provides a framework for human resources staff to manage areas of oversight. These areas include employee recruitment and retention, benefits administration, training, performance reviews, and change management.
Project accounting allows you to streamline the full project management to complete external or internal projects, on time and within budget. Your opportunities will be turned into a confirmed project. Via a work breakdown structure, you can establish a detailed roadmap to reach the final solution. Your work requirements can be matched with available resources and you can measure your project budget & cost control.
Supply chain management allows you to control your inventory and warehouse management and with cost accounting you are able to see how cost flows through the inventory by category over time. Via the master or forecast planning activities you can also control your inventory replenishments based on your actual current orders. All the information can then be used as a detailed supplement to your financial statement.
Time & expenses from your employees can be followed up transparently within the platform. Your employees can enter their time for the projects they are working on. At the same time integrated workflows can be used where you store payment method information, import credit card transactions and track the money your employees are spending when they incur expenses for your business. Then, based on your expense policies, the travel expenses can be reimbursed automatically.