Dynamics 365 for Finance and Operations is Microsoft’s flagship ERP system for large and medium size companies. It is a new upgraded version of already known and developed Microsoft Dynamics AX erp system (previously Axapta), available on the global market since over 20 years and almost same long available on the Polish market, which is used in our country by several hundred of enterprises, usually industry leaders.
Dynamics 365 for Finance and Operations simplifies the development of companies by supporting planning and managing its resources. Similarly to other advanced ERP systems it includes functionalities that satisfy business needs, including in the areas of trade, finance and accounting, inventory management, supply and supply chain management, production management and projects. Extremely rich functionality is not the only advantage of the solution, causing it to be placed in the forefront of ERP companies for many years in the reports of renowned research companies such as Gartner, Panorama Consulting or Nucleus Research.
For many years, one of the main directions of system development has been to increase employee productivity, which is achieved by using an intuitive interface and even better integration with other Microsoft products, in particular various Dynamics 365 family applications like Power BI, many analytical tools and the Office suite. Increasing employee productivity is also achieved by customizing job roles, predefined and tailored to the needs of an individual workstation, from a customer service representative to a financial director. In accordance to these roles, access rights as well as specialized screens providing access to the most needed information or simplifying the use of the most frequently used functions are predefined.
Another direction that Microsoft emphasizes is access to the latest technologies. Regardless of prevailing trends, whether it is Digital Transformation, Internet of Things, Industry 4.0, Artificial Intelligence or Microsoft Machine Learning, due to its huge research and development budget, Microsoft will always be at the forefront of research. Previous architecture of ERP systems, which was based solely on installing an actual ERP software on premises and then modified according to the customer’s needs, meant that companies with older versions could not enjoy the benefits of new functionalities, without carrying out an expensive upgrade. A revolutionary change in Dynamics 365 for Finance and Operations is the introduction of new mechanisms in which modifications made by partners or clients themselves allow the customer to always have the current, latest version, without any disruption to the modifications previously installed.