Microsoft Dynamics 365 Finance and Supply Chain Management

Microsoft Dynamics 365 Finance and Supply Chain Management (formerly known as: Microsoft Dynamics 365 Finance and Operations, and earlier – Microsoft Dynamics AX or AXAPTA) is a modern, comprehensive ERP system that enables enterprise-level businesses to manage their resources effectively.

ERP system Microsoft Dynamics 365 Finance and Supply Chain Management combines financial and operational process management in a unified information environment: warehouse and transportation logistics, manufacturing (supports discrete, process, project and lean), inventory, fixed assets, and more. It helps to increase financial and operational efficiency and productivity, as well as manage business processes based on up-to-date data obtained in real time.

Evolution of Microsoft Dynamics 365 Finance and Supply Chain Management

Microsoft Dynamics 365 Finance and Supply Chain Management consists of two modern, intelligent applications, which can function as an independent solution or as a module within the ERP system:

Microsoft Dynamics 365 Finance is a comprehensive solution that allows to automate and modernize global financial operations and processes, analyze productivity, forecast performance, and make strategic business decisions based on real data;

Microsoft Dynamics 365 Supply Chain Management is an intelligent, comprehensive solution that enables large and medium-sized enterprises to improve operational efficiency, optimize business processes, and increase company profitability by ensuring high productivity and transparency of the operational cycle.

Dynamics 365 Finance and Supply Chain Management enables:

quickly and efficiently adapt to a changing business environment;
automate and modernize operations and business processes;
effectively manage a business in the face of global competition;
easily scale the business, considering the growth in operations, data and users;
analyze productivity and profitability in real time;
make informed strategic decisions based on transparent, up to date data;
implement and realize innovative business ideas that enhance competitiveness and accelerate business growth.

Microsoft Dynamics 365
Finance

Microsoft Dynamics 365
Supply Chain Management

Modernizing financial operations, make them transparent and profitable

Automate and modernize your global financial operations with Dynamics 365 Finance. Monitor productivity in real time, forecast future outcomes and make data-driven decisions to accelerate business growth

Move from reactive to proactive operations

Create a flexible, resilient supply chain with Dynamics 365 Supply Chain Management. Optimize planning, production, inventory, warehouse and transportation logistics to maximize operational efficiency, product quality and profitability with predictive insights from AI and the Internet of Things (IoT)

Advantages of Microsoft Dynamics 365 Finance and Supply Chain Management

A unified digital environment for an unlimited number of companies across various industries and regions
Flexibility in configuration and adaptation to business specifics
The ability to forecast and plan resources
Three-Tier architecture
The ability to scale and work in clusters
Multilingual, user-friendly interface (supports over 40 languages)
Multicurrency support
Multi-level built-in information consolidation

The ability to work from mobile devices
Cloud deployment option
Various workflows and templates for coordination and control of directories, documents, operations
Built-in report designer and built-in integration with Power BI
Built-in information security, data storage and information infrastructure features
Preconfigured AI-based solutions
Localization support for numerous countries

Main functional features of Microsoft Dynamics 365 Finance and Supply Chain Management

Financial accounting

Finance management for medium and large sized companies

Revenue Recognition

Credit management

Intercompany

Treasury

Organization administration

Accounts receivable

Budgeting

Audit workbench

Accounts payable

Cash and bank management

Credit and collections

Cost management

Financials embedded Power BI

Consolidations

General ledger

Fixed assets

Payroll

Asset leasing

Human resources management

Tax

Power Apps mobile support

Extended planning and analytics (xP&A)

Microsoft Dataverse support

Subscription billing

Globalization Studio

Microsoft Dynamics 365 Copilot support, and more

Logistics and manufacturing

Supply chain management for medium and large sized companies

Asset management

Master planning

Inventory visibility

Retail headquarters management Transportation management

Inventory management

Production control

Product information management Procurement and sourcing

Service management

Cost allocation

Sales and marketing

Questionnaire

Project management and accounting Warehouse management

Vendor collaboration

Time and attendance

Mixed Reality integration

Self-service portal

Distributed hybrid topology

Engineering change management

Rebate management

Embedded Teams collaboration

Order management returns App

Sensor Data Intelligence

Microsoft Dynamics 365 Copilot support, and more

Microsoft Dynamics 365 Finance and Supply Chain Management accumulates the most advanced and up-to-date ERP and BI processes, covers all areas of enterprise operations and enables the migration of all business processes of the enterprise to the digital environment. If necessary, the solution can be seamlessly integrated with Microsoft 365, Microsoft Power Platform, Microsoft Dynamics 365 Customer Engagement (CRM), Microsoft Dynamics 365 Human Resources and other applications within the Microsoft Dynamics 365 ecosystem.

If required, the functionality of Microsoft Dynamics 365 Finance and Supply Chain Management ERP system can be enhanced and expanded with specialized industrial solutions that incorporate the best global industry practices for business management.

Developed based on the modern, technological Dynamics 365 platform, ERP system Microsoft Dynamics 365 Finance and Supply Chain Management provides flexible scalability, rapid deployment and ease of administration, significantly reducing the total cost of ownership for clients and has the highest return on investment (ROI) in its class, compared to other ERP systems of the same class.

Microsoft Dynamics 365 Finance and Supply Chain Management can be deployed in the cloud, which significantly releases resources by redirecting them from IT infrastructure maintenance to business development and growth, and on the company’s own IT infrastructure, or using a hybrid model, where only part of the company’s infrastructure is hosted in the cloud.

Innoware team developed Ukrainian localization of Microsoft Dynamics 365 Finance and Supply Chain Management, possesses extensive business expertise, industry and technical knowledge, and has many years of successful experience in implementing ERP projects based on Microsoft Dynamics 365 Finance and Supply Chain Management and previous versions of the system (Microsoft Dynamics 365 Finance and Operations, Microsoft Dynamics AX 2009, Microsoft Dynamics AX 2012).

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Client references

«One of the main tasks was to ensure that all specialists work in a single digital space, which would have positive effect on the efficiency of their work and optimization would be reached. For example, we had had 70 accountants, while 30 remained after the project completion, and the bookkeeping quality level had increased due to the ERP system, and the terms of reports preparation had shortened. At the production, the number of technologists was reduced in about three times. Another positive effect was observed in the field of inventory control, which is considered to be a sore spot for large manufacturing enterprises. I also want to note, that thanks to the ERP system, we have more analytical data and, accordingly, the ability to make more rational management decisions. As for the assessment of the return on investment, based on the observations of positive changes at the enterprise, I think that the money were paid off in two years. Even if we take only the reduction in the salary fund, the payback would be fast enough».

«We recommend Innoware team as a company that is able to adapt and comprehensively implement ERP products. A positive experience at the top management level is a professional ability to work with a project (project management) and a clear, user-friendly implementation methodology. On the part of the Innoware project team, we can note such high personal qualities as the ability to solve complex problems, actively involve the company's employees in the implementation process, and help overcome arising difficulties during the project».

«Microsoft Dynamics AX appeared to be the appropriate and functional ERP system for our company in view of price/quality ratio. Innoware consultants demonstrated a thorough and diligent approach to the analysis of our business processes. As a result, the solution we’ve got at the moment of launch completely satisfied us. The transition period to the work in the new system took us about three months. Six months later we adopted it in full. Due to the implementation of Microsoft Dynamics AX, we managed to solve the problems with unsynchronized and scattered data, including discrepancy in balance sheets and stock balance inconsistency. Now we are implementing Microsoft Dynamics CRM Online, which will be integrated with Microsoft Dynamics AX. This will provide a single informational environment for the company’s business processes management and gives us numerous advantages that we could not get earlier».

«We have been cooperating with Innoware for a year and a half, and we have a really positive experience with the involvement of the company’s specialists to support Dynamics 365 CRM and implement Dynamics 365 Finance/SCM for all companies of our holding».

For consultation on the implementation or support of
Microsoft Dynamics 365 Finance and Supply Chain Management,
call us +38 044 490 22 20 (UA) or +1(302)4672024 (US) or write to erp@innoware.com