Dynamics 365: Release Enhancements Plan June 2023

Posted on: June 1, 2023 | By: Guy Logan | 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 vendor invoices is a manual and repetitive task in every organization, and capturing invoices saves time and errors by automating the heavy volume process.
      • Details: provides continuous intelligent automation with reading and recognition of vendor invoices.

Dynamics 365 Supply Chain Management obtains a unified view of inventory, warehouse, manufacturing, service, and logistics with predictive analytics.

  • New Feature: Add efficiency in prospect-to-cash integration with Sales

    • Business Value: enables businesses to achieve these efficiencies by providing true end-to-end process support.
      • Details: introduces several important improvements to the prospect-to-cash scenario, which is enabled through dual-write integration between Dynamics 365 Supply Chain Management and Dynamics 365 Sales.
  • New Feature: Apply right tax with minimal effort in order entry for product variants

    • Business Value: defines the item sales tax group at the released-product variant level
      • Details: eliminates the cost, pain, and risk of not having the correct taxation applied to an order line for a product variant.
  • New Feature: Empower users with near real-time inventory insights

    • Business Value: A holistic and visualized view of inventory that is updated in near real time enables supply and inventory managers to prepare the right level of stock to service all customers on time.
      • Details: lets business users (such as supply chain planners, inventory managers, and sales clerks) view inventory quantity and status across data sources, legal entities, locations, and channels, with a quick, wholistic overview
  • New Feature: Provide a better configuration experience for Inventory Visibility users

    • Business Value: Business users can now view and update inventory information directly in the user interface, which adds convenience and improves the efficiency of stock inquiries.
      • Details: designs for working with features—including on-hand queries, soft reservations, allocations, and available to promise (ATP)—make it faster and easier for business users to query and act on inventory as part of their daily operation.

Next Steps    

If you are interested in learning more about Microsoft Dynamics 365 for Finance and Supply Chain Management contact us here to find out how we can help you grow your business.  You can also email us at info@loganconsulting.com or call (312) 345-8817. 

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