Microsoft Dynamics 365 for Finance and Operations

Dynamics 365 for Finance and Operations is an Enterprise Resource Planning (ERP) system that enables medium to large-sized businesses to automate and manage their global operations. It provides real-time visibility to support decision-making, forecast future outcomes, and foster organizational growth.

The software, part of Microsoft's Dynamics 365 family of products, was first released in November 2016, as Dynamics 365 for Operations. In July 2017, it was re-released as Dynamics 365 for Finance and Operations.

Manufacturing System Implementation

Financial System Implementation

Much time and effort goes into the implementation of Microsoft Dynamics 365 for Finance and Operations. The key is to utilize time, money, and people efficiently and effectively. This system especially challenging since there are many software components (chart of accounts, dimensions, accounts receivable, accounts payable, cash management, fixed assets) and integrations to every other part of the system (manufacturing, purchasing, sales, inventory control, field service). Our clients benefit from our expertise in:

• Discovery and analysis
• Business process review
• Business process re-engineering
• Data migration
• Pilot testing
• Training

Management Reporting

Master Planning

The Master Planning functionality in Microsoft Dynamics 365 for Finance and Operations provides manufacturing and distribution organizations with the ability to turn sales forecasts into production and purchasing plans. Using this functionality, your company can purchase and make the right items at the right time, minimizing inventory and transaction costs. We assist our clients with:

• Sales forecasting
• Production scheduling
• Material planning
• Capacity planning
• Implementation and re-implementation

Operational Reporting

Financial and Operational Reporting

Microsoft Dynamics 365 for Finance and Operations comes with many standard reports. However, our clients often ask us to create reports to streamline business processes or provide information in a form that the executive team can use for decision-making. Data visualization, with a Business Intelligence (BI) tool, of key metrics over time allows your team to clearly see when issues arise in your business. Our clients benefit from our expertise in:

• Developing and customizing financial reports
• Developing and customizing operational reports
• Creating reports from API feeds
• Design and deployment of a data warehouse
• Deployment of reporting in Microsoft Power BI

Financial Reporting

Financial Budgeting and Planning

The budgeting and planning functionality in Microsoft Dynamics 365 for Finance and Operations provides manufacturing and distribution companies with the ability to transform sales forecasts and budgets into viable financial and operational plans. Using this functionality, you can measure performance against budgets and forecasts and generate alerts when your numbers deviate from plan. The primary objective is to minimize financial, material, and operational waste within the organization. We assist our clients with:

• Sales forecasting
• Budget development
• Automated load of the budget data
• Automated consolidation of division financials
• Periodic reporting of budget versus actual

Discovery and Analysis

Business Processes

The key to a successful implementation of any Enterprise Resource Planning application, including Dynamics 365 for Finance and Operations, is fit to your company's business processes. However, at the outset, the system rarely fits business processes well. With our guidance, clients have customized the system to fit their business processes or re-engineered their business processes to better fit the system. We assist clients with:

• Business process analysis
• Fit / Gap analysis
• Business process re-engineering
• Requirements definition development
• System customization
• Software development

Automated Downloads

Version Upgrades / Cloud Migration

Some thought must be given to upgrading your existing Enterprise Resource Planning (ERP) application. This is especially true if the current, on-premises application has been heavily customized or if numerous third-party tools have been installed as well. In some situations, the cost of an upgrade could be as high or higher than the cost of migrating to a modern, cloud-based solution like Microsoft Dynamics 365 for Finance and Operations. We help our clients:

• Assess the trade-offs of upgrading versus migrating to a new system
• Compare cost and level of effort for cloud versus on-premises implementation
• Navigate the timing for extended support or end of support for Microsoft Dynamics products
• Define a course of action to stabilize the current ERP system and then migrate it to the cloud

Training

Manufacturing System Implementation

Much time and effort goes into implementing the Manufacturing module in Microsoft Dynamics 365 for Finance and Operations. The key is to utilize time, money, and people effectively (doing the right things) and efficiently (doing things right). The Manufacturing module is challenging since there are many components (items, bills of material, work centers, routings, tasks, and work orders) and integrations to other parts of the system (purchasing, sales, inventory control, quality assurance, finance). Our clients benefit from our expertise in:

• Discovery and analysis
• Business process re-engineering
• Customization
• Software development
• Training and testing
• Go live and post go-live support

Master Planning

Software Development

Software development is typically not included in a Microsoft Dynamics 365 for Finance and Operations implementation. It's perceived to make installing future upgrades more costly. In extreme cases, where lots of custom software has been written, an upgrade can be as expensive and time-consuming as a complete implementation. We recommend custom software development in situations where data must be transferred between systems or your business process is clearly more streamlined than the system's. The benefits of custom software development (i.e., less or no data entry, fewer errors) must outweigh the costs. We assist our clients with:

• Requirements definition
• Application customization
• Custom application development
• Power Automate and Power Apps development
• API integration across systems