Technology is causing havoc in every business – there is no getting around it. Will you be left standing, or will you be the one to leave your competitors behind? Digitizing the enterprise entails recognizing new opportunities, embracing them, and capitalizing on them to effect change.
Are you ready to improve your financial performance while also running smarter, more connected operations?
Dynamics 365 for Finance & Operations, which is cloud-based, connects all your processes and departments in the cloud, including purchasing, sales, logistics, projects, productions, financial, service, and business administration, allowing you to operate more effectively and make better business decisions faster.
What is MS Dynamics 365 Finance & Operations?
Microsoft Dynamics 365 Finance and Operations is a cloud-based, software-as-a-service (SaaS) enterprise resource planning (ERP) system for medium to large organizations. It allows you to keep track of all your money and inventory.
Dynamics 365 Finance & Operations is frequently the best solution for big, sophisticated, or diverse businesses that wish to manage their finances, inventories, and other operations in the cloud. It also assists businesses and professionals in automating and streamlining supply chains, accelerating corporate growth, unifying global financials, running smarter operations, and much more.
Few Salient Features of Microsoft Dynamics 365 Finance and Operations
- Manage your funds by quoting, invoicing, accepting payments, and collecting.
- View all the data you need to produce financial statements and assess company performance in one place.
- Manage your inventories, supply chain, projects, and production, among other things.
- Automate chores to boost productivity and unlock creativity throughout your organization.
- Take control of tax and compliance. Ideal for multi-currency and multi-country businesses.
Core Features of Dynamics 365 Finance & Operations
- Global Entry Forms:
- Localization:
- Exchange rate integration:
- In-built Audit workbench:
- Advanced bank reconciliation:
- Management Reporter:
- Budget Planning and control:
- Cost Accounting:
- Aged customer balance snapshots:
- Cost allocations:
Benefits of MS D365 Finance & Operations
Multiple benefits of using MS Dynamics 365 Finance and operations can be mentioned. However, let’s look at the major benefits.
- Legacy cost savings:
- Improved staff productivity:
- Enhanced business agility with the real-time data access:
- Anytime, anywhere access with Cloud-based infrastructure:
- Deep data-driven insights:
Using the crucial component: Form Wizard
One of the main components that is highly used and preferred is Wizard. A wizard is a type of user assistance that guides the user through a job by utilizing an organized set of tab pages. Wizards are particularly effective for complex or rare actions that the user may have difficulties learning or doing, as well as for repetitive, regularly done chores.
The Number Sequence Wizard is an example of a basic Dynamics 365 for Finance and Operations wizard. A wizard is often given to a user as a form with several stages. During the wizard’s execution, all user inputs are gathered and saved to the database. The user then clicks the Finish button on the last page of wizard.
The following types of wizards are available in Dynamics 365 Finance & Operations:
- Standard Wizard – Assists users with general tasks. A standard wizard would be the Report Wizard.
- Default data Wizard – Assists users in creating critical default data, such as address information and the Number Sequence Framework.
All Default data Wizards are shown in the system’s Default data Wizard by default.
Working Mechanism of Form Wizard
It is quite simple to generate a form wizard. There are some built-in wizards also available which can be easily used off the shelf. Usual process of wizard creation is as followed
- Click on Tools>Wizards>Wizard Wizard. It will open the Wizard Wizard dialog.
- Click on the Next button.
- Select the type of wizard:
1. Standard Wizard
2. Default Wizard
- Again, click on the Next button.
- Enter the name of the wizard.
- Click the number of steps required, including Welcome and Finished dialog.
- If you wish to change the number of steps once you have completed the wizard creation, add or delete the tabbed pages on the wizard form.
- Click the Next button.
- Click the Finish button.
Wizard is generated in the D365 Finance and Operations. Thus, in a few clicks, wizard can be created effortlessly.
Reasons to use Form Wizard
- Quick data entry can be done
- Possibility of human error is reduced as manual job is eliminated
- Standard data entry requires employees to manually press on the data. It saves time which could be fruitless if it is standard data entry
- Employees can invest the time saved in more important tasks
- Forms wizards allow to select the fields as required
- A variety of formatting options make it more useful
Conclusion
Eliminate the need to follow the standard data entry. Make a way for Wizards to change the manner how you collect data. Use the power of Microsoft Dynamics 365 Finance and Operations to unleash the multiple opportunities to manage your business. DynaTech Systems has skilled professionals who have years of experience in dealing with MS Dynamics 365. If your organization is planning to work with MS Dynamics 365, consult us right away to gain expert opinion! You can book a free 16-hour consultation by contacting us at sales@dynatechconsultancy.com!
