Dynamics 365 Finance and Operations helps the organization record and summarize the financial and operational informations of an Enterprise Company. The Core modules of Dynamics 365 F&O envision the Company automating the Invoicing methodology by using the data Insights and building in AI Components. The Core Financials is about recording the transactions and automating the process for any Organization. Being a Dynamics 365 FO Partner in UAE helps an organization leverage Financial Automation for companies.
Let’s check a few of the Automation on the Core Financials :
Exchange Rate Automation: Companies handle transactions with different suppliers and Customers in foreign currencies. The Import and Export operations of any company help increase the revenue and decrease the cost of the Company. Money is a fluctuating commodity that needs to be maintained daily. The Exchange Rate update in Dynamics 365 FO can be automated by integrating with external third-party applications like Oanda or any Exchange rate provider. This helps the Finance Controller to concentrate only on Transactional insights for the Company.
Account Payable Invoicing Automation: Booking Supplier invoice is a mundane process, and auditing duplicate invoices from Suppliers is a hectic process without validation compliance Invoices. Microsoft Dynamics 365 Finance and Operation Accounts payable invoice automation can read the fields and values directly from the supplier Invoice and record the AP Invoice automatically without any hassle. The AI integrated OCR method helps to book and audit the duplicated invoices. The AP clerk can only approve the booked invoice in the System.
Cash Flow forecasting: Managing the Cashflow in any organization is a critical process to manage the organization’s stability. The Cashflow forecasting in Dynamics 365 FO helps the organization manage and maintain the Inflow and Outflow of cash to maintain the organization’s strength.
Credit Management: Every Customer in an organization wanted a credit for the transaction to manage the cash flow for their organization. The Advance Credit Management supports the credit manager to make decisions to process a sale for any organization that has crossed the credit limit. Credit management helps the credit manager review the customers’ performance and hold Order processing based on the historical Payment Process from the Customer.
Financial Performance Data Insights: The Integrated Power BI reports showcase the Company’s current status with different dimensions for any enterprise organization. The Reports can be sliced and Diced based on the requirement of each legal entity.
Please feel free to contact us for a quick demo. Peruteck Technology Services is a UAE-based Microsoft Dynamics 365 Implementation partner specializing in modern digital transformation specialists with a wide range of experience in Dynamics 365 F&O, Dynamics 365 Sales, Dynamics 365 Field Service, Azure Data lake, and Data Factory and Business intelligence partner in the UAE.