Choose digital transformation and accelerate your business growth with Dynamics 365 cloud ERP for large-scale and SMBs. Finance operations are one sector that is common for any business, irrespective of your field, and managing the financial sector can empower you to take charge of your field. Dynamics 365 is here to give you the power to control all your processes, from manufacturing to budget control, most efficiently.

Features of Dynamics 365 F&O

1. Exchange Rate Integration

Users must create exchange rates every day, week, or month as part of the laborious process of currency rate administration in a multinational firm. Think about the potential for trading in other currencies, which raises the maintenance's level of complexity. You can now automatically interface with exchange rate providers like OANDA thanks to Dynamics 365 for Finance and Operations, which eases the strain on the finance and accounting teams who previously had to manually monitor these rates.

2. Advanced Bank Reconciliation

The precise bank account statement to ERP system reconciliation is now more essential than ever, making the advanced bank reconciliation function one of the most crucial features for increasing the efficiency of finance teams. With Dynamics 365 for Finance and Operations' powerful bank reconciliation capability, you may import bank statement formats that are widely accepted in the industry with criteria set up to match by either amounts or dates. This feature gives finance teams a significant productivity gain with minimal to no manual effort.

3. Manufacturing

To innovate your products and processes to match escalating demands, and gain insight across networked distribution, customer support, sales, and marketing platforms. This ERP system continuity is provided by Dynamics 365 for Finance & Operations, which also supports you in simplifying production floor management, fast-tracking product introductions, and warehouse management.

4. Budget Planning and Control

With scenarios for money and quantity (for FTE counts, etc.), Dynamics 365 for Finance and Operations offers the ability to design your budgets. It also has several degrees of workflow stages for approvals. In addition to this, you may establish tighter control over spending by using pre-built budget controls for project cost management, purchase cost control, etc. This will provide you with greater insight into expenses and help you make better plans.

5. Cost Allocation

You can assign expenses based on revenue or fixed percentages using the versatile capabilities of cost allocations in Dynamics 365 for Finance and Operations. You can also allocate costs between firms as intercompany transactions.

6. Project Accounting

Use Dynamics 365 F&O to plan

Get More Out of Dynamics 365 F&O with Tech Falcon

Each business has its own needs and prospects, but the management of your finances and operations is the primary aspect that determines the overall success of your enterprise. As a business and ERP solution provider, we understand the importance of precise and hassle-free financial management, so according to your company's needs and specifications, our team of Microsoft Dynamics 365 Finance and Operations experts can integrate and customize a variety of applications. We guide you through the entire process, starting from designing and implementing the solutions to management and optimization of all the operations involved.

Frequently Asked Questions

As a Microsoft partner company, Tech Falcon can confidently say that Dynamics 365 Finance and Operations offers several key benefits to businesses. In the beginning, it offers real-time visibility into financial and operational data, facilitating informed choices. Second, it automates and streamlines financial procedures, boosting effectiveness and decreasing mistakes. It also enables flexibility and scalability so that it can adjust to the shifting demands of the business. A powerful security and compliance feature set is also provided, guaranteeing data privacy and protection. At Tech Falcon, we're dedicated to assisting organisations in maximising Dynamics 365 Finance and Operations' capacity for development and success.

A complete set of financial management capabilities are provided by Dynamics 365 Finance and Operations to optimise corporate procedures. Making precise and knowledgeable decisions is made possible by the real-time view into financial data it delivers. Automating recurring financial operations like invoicing and payments increases efficiency and decreases errors. Additionally, it provides adaptable workflows and approval procedures so that firms can customise their financial management systems to suit their unique requirements. Businesses can simplify their financial management procedures using Dynamics 365 Finance and Operations, freeing them time and resources to concentrate on expansion and innovation. At Tech Falcon, we are experts in assisting organisations in maximising Dynamics 365 Finance and Operations to meet their financial management objectives.

Indeed, Dynamics 365 Finance and Operations may aid companies in streamlining their supply chain and inventory management processes. It enables companies to streamline their processes and cut expenses by providing real-time visibility into inventory levels and supply chain operations. It enables effective inventory management across numerous sites and offers sophisticated forecasting and planning tools to aid firms in anticipating demand. In order to provide advanced analytics and insights into supply chain operations, it also offers interaction with other Microsoft products, such as Power BI and Azure. At Tech Falcon, we have years of expertise assisting companies use Dynamics 365 Finance and Operations to enhance their supply chain management and inventory control.

Microsoft products like Power BI and Power Apps are fully integrated with Dynamics 365 Finance and Operations. With customizable dashboards and reports that can be accessed from anywhere, Power BI helps businesses to gain deeper insights into their financial and operational data. Power Apps enables companies to create specialised applications to add capabilities to Dynamics 365 Finance and Operations that are suited to their unique requirements. Additionally, Dynamics 365 Finance and Operations interfaces with other Microsoft products like Azure and Office 365, giving companies access to a wide range of tools to improve operations and spur growth. At Tech Falcon, we specialise in assisting companies with the best possible utilisation of Dynamics 365 Finance and Operations and other Microsoft products to meet their strategic goals.

Absolutely, Dynamics 365 Finance and Operations can be altered to suit a variety of corporate requirements. It includes a wide range of customization options, including user-definable fields, adaptable processes, and customised forms and reports. In order to expand its capabilities and expedite business processes, it also supports interfaces with third-party apps and systems. Tech Falcon has a wealth of experience in modifying Dynamics 365 Finance and Operations to match the specific requirements of our clients, and we collaborate closely with them to make sure they get the most out of the platform.

Our certified Dynamics 365 Finance and Operations experts at Tech Falcon specialize in setting up and maintaining the platform for companies of all sizes. From needs analysis and solution design to deployment, training, and continuing support, we provide end-to-end services. We work directly with businesses to ensure a seamless deployment and adoption process because our team has vast expertise tailoring Dynamics 365 Finance and Operations to match the unique demands of our clients. Additionally, we offer continuing support and maintenance services to guarantee that businesses make the most of the platform throughout time. We at Tech Falcon are dedicated to using the strength of Dynamics 365 Finance and Operations to assist organizations in achieving their objectives.