Category: Microsoft Dynamics AX/365

Healthcare organizations' top priority is always the health of their patients. Healthcare organizations that carefully and strategically control their expenses can avoid negatively impacting their ability to deliver an excellent patient experience. Rather than taking the time and energy to figure out expense management, let Dynamics 365 for Finance help you streamline the expense management process. Microsoft recently update their expense reports feature, this blog will help you navigate this new update....

According to Feeding America, each year 108 billion pounds of food is wasted in the United States. That equates to 130 billion meals and more than $408 billion in food thrown away each year. This is nearly 40% of all food in America is wasted! By using demand forecasting and predictive analytics to closely monitor inventory levels, it is possible to reduce food wastage without ending up with bare shelves....

Many companies choose to expand internationally because it gives them access to a larger market and typically improves financial results as companies then have access to new talent pools and lower manufacturing costs. As more and more companies go global, these international organizations are under increasing pressure from authorities to comply with local and global accounting standards. The Global Inventory Accounting Add-in for Microsoft Dynamics 365 Supply Chain Management allows...

The 2022 release wave 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: Update budget plans with Excel template upload Business Value: allows budget...

It is important for companies to ensure timely payment for goods and services to maintain a strong relationship with their supplier. Therefore, guaranteeing the timeliness of Accounts Payable is imperative. However, you might have experienced that manual invoicing takes a lot of time, is inefficient, and is very susceptible to human error. Do you ever worry that with manual invoicing you might miss payments that would lead to fines and...

Cash flow forecasting is a way of estimating the flow of cash coming in and out of your business, across all areas, over a given period of time. Cash flow is critical to any business. It is imperative that companies always maintain the cash flow to meet immediate needs. The cash flow forecasting capability in Finance Insights can help companies monitor and manage their cash balances effectively. This blog will...

When you are setting up items there could be multiple people involved in the configuration of the data. Usually at least one for the supply chain management side and one for the finance side. The Cost control workspace in Dynamics 365 is a central point where managers who are responsible for controlling a cost object or a set of cost objects within a dimension or across dimensions (for example, cost...

According to AAA, the national gas prices have reached an average of $4.33 which is the highest it's ever been. With skyrocketing gas prices, it's pretty obvious that strategic transportation management is necessary when planning out shipments. Consolidating shipments will help reduce some of the shipping costs. This blog describes how to use the feature for consolidating shipments in a hub with Microsoft Dynamics 365 Supply Chain Management when you deliver...

The food industry and beverage industry manage highly sensitive products which is why it is very important for them to ensure that high-quality standards are being met. Customers tend to reach for the same brand items when shopping for groceries. However, even a small incident where the quality of products of a brand has been compromised could lead to the entire brand image being ruined and a halt to the...

The United States is only home to 4% of the world's population. If your business has exclusively operated within the borders of America, you’ve only had the potential to engage with 4% of our planet’s population. Therefore it's pretty obvious that expanding globally is strategic for any business, however, it also comes with a lot of difficulties. It exponentially increases inventory management complexity. Therefore in order to mitigate the hardships with extending...