Category: Microsoft Dynamics Manufacturing

In the high-stakes retail industry, inventory management stands as a pillar of success. An efficient balance between overstocking and understocking is crucial. Overstocking often means inflated carrying costs and potential losses due to unsold goods while understocking can result in lost sales and dissatisfied customers. With Microsoft Dynamics 365 (D365), retail businesses can find balance with the AI-infused Demand Forecasting feature. Understanding D365's AI-Infused Demand Forecasting D365’s AI-Infused Demand Forecasting, a...

As businesses face the current economic uncertainty, CFOs and finance teams find themselves in the spotlight, expected to protect short-term financial health and drive long-term growth. However, many struggle to obtain the insights necessary to pivot quickly and make informed decisions. In this blog, we delve into the power of automation, AI, and analytics in transforming finance operations and empowering leaders to navigate disruption successfully. Continue reading to learn how...

Settlement is a crucial aspect of financial transactions that impacts both Accounts Payable and Accounts Receivable processes. Whether it's reconciling payments with invoices, resolving outstanding balances, or generating new transactions, understanding the settlement process is essential for maintaining accurate financial records and ensuring smooth business operations. In this blog, we will delve into the fundamentals of settlement, including the types of transactions that can be settled, when and how settlements...

B2B companies are increasingly exploring omnichannel sales strategies, aiming to sell directly to customers and gain greater control over pricing. However, this transition brings about significant challenges in terms of pricing models. One of the key hurdles faced by B2B companies in adopting omnichannel pricing is the existence of pricing silos and a lack of centralized pricing management. Transparency across channels becomes crucial, and this is where Pricing Management steps in....

In today's world, electronic documents have become the norm for businesses to exchange information with various entities such as government bodies, banks, and other parties. However, complying with the legal requirements of different countries and regions for electronic documents can be a complex task. This is where electronic format structures and the use of ER (Electronic Reporting) come into play. ER allows businesses to define electronic format structures and describe...

In Microsoft Dynamics 365 for Finance, project categories define the types of costs or revenues that will come from projects within your organization. All project transactions must be defined by a specific project category. Setting up project categories is essential to using Microsoft Dynamics 365’s project management functionality. Before creating a project category, category groups and shared categories must be defined first. In this blog, we will go over the setup and...

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...

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...

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...

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...