Category: Microsoft Dynamics AX/365

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...

Expenses that are related to workers often make up a large proportion of an organization's costs. It might be useful to account for those costs when planning out budgets. Luckily, position forecasting with Dynamics 365 will help with exactly that. Position forecasting lets you plan those expenses and include it in your budgets. Read this blog to learn more about position forecasting for budget planning. Position forecasting uses three main...

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.  There are no updates in Dynamics 365 Finance for March 2022. However, there...

Have you ever wanted to know what items are expected to be received on a certain day? Or have you ever wanted to get an overview of current tasks? Or an estimate of quantities, volume, weight, and different order types? Well, this blog explains the Arrival overview page for Inventory Management in Dynamics 365 which can solve all those problems. This feature in Dynamics 365 for Supply Chain Management provides...

AI is transforming the finance industry. Hop on this bandwagon by using Microsoft's Finance Insights to improve the efficiency and quality of financial processes by using intelligent automation. Finance Insights is a set of AI-powered capabilities that can be applied to all kinds of manual processes, cutting down the time it takes to accomplish these mundane tasks and the many mistakes that often come with them. For example, let's say...

If you are ever away from your computer and you would like to stay updated about purchase orders, running back to your desk to check on it would be such a hassle. That is why you need to have the Vendor Collaboration Mobile Workspace on your phone. Microsoft developed this mobile workspace that is intended to be used with the Finance and Operations (same as Supply Chain Management) mobile app...

Is your business considering the acquisition of new software to resolve business concerns, enhance company offerings, or boost your position in the marketplace?  Far too often we find businesses making these decisions without fully understanding the requirements for the new solution, and without a methodology to select the best possible software for your specific organization. A robust process for the selection of new software systems is a must for any...

In industries where the customer base is more prone to not paying on time, interest fees are usually charged. There are three main ways that companies can deal with interest fee charges: waiving charges, reinstating charges, and reversing charges. Waived charges are forgiven. You might waive a charge if, for example, a customer disputes the charge, and you want to maintain a good business relationship with that customer. Reinstated charges...

With the COVID-19 pandemic, businesses experienced disruptions in supply chain which could have been avoided if their supply chains were prepared to match the growing digital commerce needs. It is imperative for companies to digitally transform their supply chains as digital commerce continues to expand and develop. This blog talks about how you can use Microsoft Dynamics 365 to help build an agile supply chain of the future that will...

Reconciling costs Landed costs can be applied to purchase and transfer orders, but this blog will focus on the purchase order side.  The landed cost functionality provides accounting with appropriate tools that simplify the reconciling of costs related to overseas material.  This specifically relates to the cost types that are setup as part of the configuration of the module.  These cost types can be manually added to orders or come...