Dynamics 365: Release Enhancements Plan June 2023

Posted on: June 1, 2023 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

The 2023 release wave 1 plan for Dynamics 365 brings new innovations that provide you with significant capabilities to transform your business. This month’s release contains the following exciting new features in Dynamics 365 for Finance & Supply Chain Management for these apps: Finance, Supply Chain Management, Guides, and Project Operations.  Dynamics 365 Finance drives automation and predictive analytics capabilities.  New Feature: Accounts payable fully automated with invoice capture Business Value: Processing...


How to Reconcile Bank Statements Using Advanced Bank Reconciliation in Microsoft Dynamics 365 Finance (Part 2 of 2)

Posted on: May 25, 2023 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Managing bank statements and transactions can be a tedious task, particularly when dealing with a high volume of transactions. Microsoft Dynamics 365 Finance provides the Advanced bank reconciliation feature to make bank reconciliation more manageable. This feature enables businesses to import electronic bank statements and automatically reconcile them with bank transactions. In this two part blog series, we will explain the reconciliation process in detail, from importing the electronic bank...


How Mixed Mode Planning with Microsoft Dynamics 365 Supply Chain Management can Optimize Your Supply Chain

Posted on: May 22, 2023 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Mixed mode planning allows you to model your supply chain based on the material flow, ensuring that your chosen models are followed regardless of the supply policy you select. One of the major advantages of mixed mode planning is the flexibility it provides in supplying a product. Regardless of the product structure, you have the freedom to choose an overall strategy that best suits your requirements. By embracing mixed mode...


Understanding the Supply Risk Assessment Workspace in Microsoft Dynamics 365 Supply Chain Management

Posted on: May 16, 2023 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Supply chain disruptions can bring significant consequences for companies in terms of financial losses and damage to their reputation. To prevent these disruptions, it's crucial for businesses to identify and address supply risks in a timely manner. Supply risk assessment for Microsoft Dynamics 365 Supply Chain Management lets you identify supply risks, so that you can act to help prevent supply chain disruptions. This helps supply chain managers understand the...


Understand the Consolidation and Elimination Process with Microsoft Dynamics 365 Finance

Posted on: May 10, 2023 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

As businesses expand and acquire subsidiary companies, the process of consolidating financial data and eliminating inter-company transactions can become challenging. However, with the right tools, such as Microsoft Dynamics 365 Finance, this process can be streamlined. In this blog post, we will provide general information about the consolidation process using Microsoft Dynamics 365 Finance, and address some frequently asked questions to help you gain a better understanding of this critical...


Sensor Data Intelligence is Microsoft Dynamics 365’s Latest IoT Update

Posted on: May 8, 2023 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

If you didn't know, Microsoft has recently updated the IoT Intelligence feature in Dynamics 365 Supply Chain Management and has renamed it to Sensor Data Intelligence. Sensor Data Intelligence introduces a new deployment model where the required Azure components are deployed on your own Azure subscription rather than being managed by Microsoft. This new model enhances your ability to customize the feature and to integrate it with third-party systems. With this...


How to Process Interest with Microsoft Dynamics 365 Finance

Posted on: May 3, 2023 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

As businesses manage their credit and collections processes, calculating and posting interest on overdue transactions can be difficult. However, Microsoft Dynamics 365 Finance can help simplify this process. In this blog post, we will explore how Dynamics 365 Finance can help organizations streamline the creation, printing, and posting of interest notes, using the Contoso USMF demo company as an example. This procedure shows how to create, print, and post interest...


How to Prepare for Reconciling Bank Statements Using Advanced Bank Reconciliation in Microsoft Dynamics 365 Finance (Part 1 of 2)

Posted on: May 3, 2023 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Managing bank statements and transactions can be a tedious task, particularly when dealing with a high volume of transactions. Microsoft Dynamics 365 Finance provides the Advanced bank reconciliation feature to make bank reconciliation more manageable. This feature enables businesses to import electronic bank statements and automatically reconcile them with bank transactions. In this two part blog series, we will explain the reconciliation process in detail, from importing the electronic bank...


Dynamics 365: Release Enhancements Plan May 2023

Posted on: May 2, 2023 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

The 2023 release wave 1 plan for Dynamics 365 brings new innovations that provide you with significant capabilities to transform your business. This month’s release contains the following exciting new features in Dynamics 365 for Finance & Supply Chain Management for these apps: Finance, Supply Chain Management, Guides, and Project Operations.  Dynamics 365 Finance drives automation and predictive analytics capabilities.  New Feature: Support financial tags in ledger settlement (automated and manual) Business...


Improve Your Service Operations with Service Management in Microsoft Dynamics 365 Supply Chain Management

Posted on: April 27, 2023 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Providing excellent service to customers is something that businesses need to ensure that they provide, and efficient service management is key to achieving that goal. Microsoft Dynamics 365 Supply Chain Management offers a powerful tool in the form of Service Management, which enables organizations to establish service agreements, handle service orders, and analyze service delivery. In this blog post, we will explore the capabilities of Service Management and how it...