What is Microsoft Dynamics 365 Finance and Operations?

Every article written here is mainly targeted at beginners. If you are a beginner or planning your career with Dynamics 365 finance and operations, these articles are for you.

In the coming sessions, we must practice more to get a clear picture of the concepts. So, we need to configure the technical and functional environments, 

If you are a beginner don't worry about the technical and functional environments, all the practical sessions we covered through this training sessions are by using Microsoft's free Lab. There you can set up an online Virtual Machine for D365 F&O for Technical and Functional learning purposes Freely. Microsoft provides a VM Mode for a free, web-based virtual machine environment for D365 F&O Learners. 

Read this Article: How to Set Up a Free Virtual Machine for Dynamics 365 Development 

What is Microsoft Dynamics 365

Microsoft Dynamics 365 is a cloud-based business Applications platform that combines customer relationship management (CRM) and Enterprise Resource Planning (ERP) which was announced by Microsoft in July 2016 and released on November 1, 2016. Along with CRM and ERP applications, Microsoft integrates business intelligence tools that can improve the productivity of any organization. 

Benefits of Dynamics 365

There are a lot of benefits while implementing Dynamics 365 in an organization, if you need more about the benefits of Dynamics 365, you can explore it through Google.

Cost-effectiveness

Dynamics 365 for Finance and Operations helps you identify redundant resources in your organization and reduce operational costs through automation and optimization. It is very easy to customize and integrate different components and modules of your ERP system and business.

Integration with other Microsoft products

The biggest benefits of Dynamics 365 are, the tight integration with other Microsoft products like Office 365, Azure, etc. Power BI can be easily integrated with D365 with simple steps and configuration. Data Entities are used for importing and exporting data, which can be easily created by users. 

User-friendly interface

Dynamics 365 offers a very friendly and easy-to-use user interface. Users will quickly learn and familiarize themselves with the software. Each user can focus on their work and become more productive in their daily activities. This applies to every user, even if they handle routine transactions with managers working on reports. Dynamics 365 for Finance and Operations provides a straightforward and user-friendly intuitive user interface. Combined with a personalized activity-based workspace, users can manage assets and processes more effectively and in real time.

Enhanced analytics & artificial intelligence

Dynamics 365 for Finance and Operations gives you access to enhanced analytics, allowing you to better analyze reports, provide real-time visibility into your operations, and build data faster. 

Powered by Microsoft Power BI, it also benefits from an embedded analytical workspace. This workspace enables you to design and distribute reports available in Dynamics 365 through a form extension. 

Dynamics 365 for Finance and Operations lets you close the books faster, improve cash flow, and simplify global financial management with sophisticated machine learning. You can receive deep, data-driven insights into user behaviors, establish meaningful customer relationships, and digitally transform your business. 

By using proactive guidance for finance management and predictive recommendations, you can engage in product innovation and increase profitability.