Microsoft Dynamics 365 is an expansive toolset that will cater to many of the needs of different types of business, large and small. Instead of the one-size-fits-all approach that is used by many ERP software solutions, Microsoft has turned to a module-based paradigm for addressing the challenges faced by companies operating in different spaces. For companies seeking to improve their operational processes, to find more efficient ways of managing finances, Microsoft offers Dynamics 365 Finance and Operations.
What is Microsoft Dynamics 365 Finance & Operations?
This solution is meant to help your business handle both the operations side of things and the financial side from one point of control, even if your operations are on a global scale geographically. The software helps you to stay on top of day-to-day sales, manage and control your cash flows, and stay on the right side of regulatory compliance requirements. For companies that have operations in different countries, these features make a real difference as management of global finances is built into the system. Beyond this, the platform offers predictive tools to help your decision-making and enable you to prepare a proactive strategy.
On the operations side of things, the platform offers tools for managing and enhancing your supply chain. You can manage assets, warehouses, transportation, and other operational aspects of your business. You can track inventory and plan your procurement accordingly. You can also perform cost accounting operations, manage your costs, and control things like production and service.
The fact that all of this can be done within one application is what makes this solution such an appealing choice.
Continue reading Microsoft Dynamics 365 Finance & Operations overview in OMI blog.
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