{"id":2097,"date":"2021-01-12T04:51:57","date_gmt":"2021-01-12T04:51:57","guid":{"rendered":"https:\/\/www.magnifez.com\/?p=2097"},"modified":"2021-01-12T04:51:59","modified_gmt":"2021-01-12T04:51:59","slug":"dynamics-365-finance-operations-top-7-features","status":"publish","type":"post","link":"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/","title":{"rendered":"Dynamics 365 Finance &#038; Operations Top 7 features"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\">The recent October release for <strong>Dynamics 365<\/strong> entailed a multitude of new features benefitting a variety of applications within the popular Microsoft Dynamics Finance and Operations (FNO) product suite. <\/h5>\n\n\n\n<h5 class=\"wp-block-heading\">This is an improvement on the functionality available in its predecessor- Microsoft Dynamics AX.<\/h5>\n\n\n\n<p>This recent release solidifies Microsoft\u2019s dedication to ensuring the Finance &amp; Operations system is the frontrunner out of other available contenders within the ERP space, and this was confirmed with this update.<\/p>\n\n\n\n<p>Below is a list of the 7 top additions to the product suite based off the recent release<\/p>\n\n\n\n<p>1.<strong>Positive pay:<\/strong><\/p>\n\n\n\n<p>Due to the prevalent issue of \u2018cheque fraud\u2019 banks face when dealing with their customers, Microsoft have implemented Positive Pay (also known as \u201cSafePay\u201d), in Dynamics 365 FNO, which is essentially a 4-eye verification process of sensitive data.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"456\" height=\"181\" src=\"https:\/\/www.magnifez.com\/wp-content\/uploads\/2020\/12\/positivepay-microsoft-dynamics-365-AX-finance-operations-fno.png\" alt=\"\" class=\"wp-image-2102\" srcset=\"https:\/\/www.magnifez.com\/wp-content\/uploads\/2020\/12\/positivepay-microsoft-dynamics-365-AX-finance-operations-fno.png 456w, https:\/\/www.magnifez.com\/wp-content\/uploads\/2020\/12\/positivepay-microsoft-dynamics-365-AX-finance-operations-fno-300x119.png 300w\" sizes=\"(max-width: 456px) 100vw, 456px\" \/><\/figure>\n\n\n\n<p>When an organization prints cheques to send to its prospective bank, an electronic list of the cheques is automatically sent to the bank prior to them receiving the individual cheaque  themselves. This provides the bank the ability to do a sense check of the information on the list and what\u2019s on the cheques themselves, and if the data doesn\u2019t match up, they can hold that cheque for further review.<\/p>\n\n\n\n<p>2. <strong>Product Catalogues:<\/strong><\/p>\n\n\n\n<p>Another useful feature in this release of Dynamics 365 Finance and Operations allows purchasing teams to import information directly from vendor catalogues. This enabling employees to request information (such as items &amp; services) internally from the procurement catalogue.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"751\" height=\"385\" src=\"https:\/\/www.magnifez.com\/wp-content\/uploads\/2020\/12\/product-catalogue-microsoft-dynamics-365-finance-operations.png\" alt=\"\" class=\"wp-image-2103\" srcset=\"https:\/\/www.magnifez.com\/wp-content\/uploads\/2020\/12\/product-catalogue-microsoft-dynamics-365-finance-operations.png 751w, https:\/\/www.magnifez.com\/wp-content\/uploads\/2020\/12\/product-catalogue-microsoft-dynamics-365-finance-operations-300x154.png 300w\" sizes=\"(max-width: 751px) 100vw, 751px\" \/><\/figure>\n\n\n\n<p>3. <strong>Global Address Book:<\/strong><\/p>\n\n\n\n<p><strong>The Global Address Book<\/strong> is incredibly valuable as it consolidates the information regarding the parties\u2019 organizations do business with into one central resource. The added functionality of assigning a \u2018party role\u2019 enables the segregation of parties\/individuals based on relevance, such as &nbsp;customer, vendor, competitor and contact. On top of this, in the new release of Dynamics 365 FNO entities can be linked to several \u2018roles.\u2019 For example, a customer can also be a vendor<\/p>\n\n\n\n<p>4. <strong>Mobile Project Timesheets:<\/strong><\/p>\n\n\n\n<p>One of the key features to come out of this release is the ability for mobile devices to host and manage timesheets.<\/p>\n\n\n\n<p>This provides added flexibility for employees to manage their timesheets on the move and allows for line managers to approve the submitted timesheets on a mobile device or computer, as well as being able to add comments to provide better communication of project details.<\/p>\n\n\n\n<p>This new functionality also allows users to copy information from historic sheets, significantly reducing both the time taken to complete the timesheets and the chances of manual errors.<\/p>\n\n\n\n<p>5. <strong>Request for Quotation (RFQ\u2019s):<\/strong><\/p>\n\n\n\n<p>Dynamics 365 for Finance and Operations now enables companies to submit RFQ\u2019s more efficiently by providing the ability to send RFQ\u2019s to multiple vendors, accept &amp; register bids and subsequent replies, as well as transfer accepted bids onto relevant documentation such as PO\u2019s (purchase orders).<\/p>\n\n\n\n<p>6. <strong>Transportation Management:<\/strong><\/p>\n\n\n\n<p>Logistical efficiency is imperative to any organisation and the Transportation Management feature significantly improves the identification of optimal inbound and outbound vendor and routing solutions when submitting orders, enhancing cost effectiveness and speed.<\/p>\n\n\n\n<p>Transportation Management enables organisations to efficiently identify transportation charges and adjust sales prices in advance, which ultimately frees up budget and saves on bottom line costs.<\/p>\n\n\n\n<p>7. <strong>Trade Allowance Management:<\/strong><\/p>\n\n\n\n<p>The final noteworthy feature provides process efficiencies within the sales process- Trade Allowance Management allows companies to manage promo programs and offer a reward scheme to customers that meet certain criteria. Assigning sales milestones and targets to measure customers performance, coupled with assigning monetary rewards eradicates the need to run reports or manually track the status of clients performance.<\/p>\n\n\n\n<p>Also read: <strong><a href=\"http:\/\/Difference Between Dynamics AX And Dynamics 365 Customer Engagement (CRM)\">Differences between Dynamics 365 FNO and Customer Engagement (CRM)<\/a><\/strong><\/p>\n\n\n\n<p><strong>Conclusion:<\/strong><\/p>\n\n\n\n<p>Microsoft Dynamics 365 Finance and Operations recent release has provided a variety of benefits to critical areas within SMEs daily operations, enabling them to focus on alternative areas of their business with the power of knowing their processes are both efficient and cost effective. Which has only added to the existing reputation Microsoft have established in the Dynamics ERP &amp; CRM marketplace.<\/p>\n\n\n\n<p>If you are looking for any help in Dynamics 365 FNO feel free to reach out to sales@magnifez.com or <\/p>\n\n\n\n<p>call: +1 323 417 8190<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The recent October release for Dynamics 365 entailed a multitude of new features benefitting a variety of applications within the popular Microsoft Dynamics Finance and Operations (FNO) product suite. This is an improvement on the functionality available in its predecessor- Microsoft Dynamics AX. This recent release solidifies Microsoft\u2019s dedication to ensuring the Finance &amp; Operations &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/\"> <span class=\"screen-reader-text\">Dynamics 365 Finance &#038; Operations Top 7 features<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":2106,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[10,14],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top 7 features of Dynamics 365 Finance &amp; Operations - Magnifez<\/title>\n<meta name=\"description\" content=\"What are the new features in Microsoft Dynamics 365 Finance &amp; Operations. This article list down the top 7 features. read to know more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 7 features of Dynamics 365 Finance &amp; Operations - Magnifez\" \/>\n<meta property=\"og:description\" content=\"What are the new features in Microsoft Dynamics 365 Finance &amp; Operations. This article list down the top 7 features. read to know more.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/\" \/>\n<meta property=\"og:site_name\" content=\"Microsoft Dynamics 365 Partner | Power Platform Platform\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-12T04:51:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-12T04:51:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.magnifez.com\/wp-content\/uploads\/2020\/12\/top-7-features-microsoft-dynamics-365-finance-and-operations-magnifez-min.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1918\" \/>\n\t<meta property=\"og:image:height\" content=\"877\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Askar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Askar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/\"},\"author\":{\"name\":\"Askar\",\"@id\":\"https:\/\/www.magnifez.com\/#\/schema\/person\/2ace558e4cd6d1e616a938d438587a1d\"},\"headline\":\"Dynamics 365 Finance &#038; Operations Top 7 features\",\"datePublished\":\"2021-01-12T04:51:57+00:00\",\"dateModified\":\"2021-01-12T04:51:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/\"},\"wordCount\":689,\"publisher\":{\"@id\":\"https:\/\/www.magnifez.com\/#organization\"},\"articleSection\":[\"Dynamics 365\",\"Dynamics 365 FNO\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/\",\"url\":\"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/\",\"name\":\"Top 7 features of Dynamics 365 Finance & Operations - Magnifez\",\"isPartOf\":{\"@id\":\"https:\/\/www.magnifez.com\/#website\"},\"datePublished\":\"2021-01-12T04:51:57+00:00\",\"dateModified\":\"2021-01-12T04:51:59+00:00\",\"description\":\"What are the new features in Microsoft Dynamics 365 Finance & Operations. This article list down the top 7 features. read to know more.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.magnifez.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dynamics 365 Finance &#038; Operations Top 7 features\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.magnifez.com\/#website\",\"url\":\"https:\/\/www.magnifez.com\/\",\"name\":\"Microsoft Dynamics 365 Partner | Power Platform Platform\",\"description\":\"Your Dynamics 365 Partner.\",\"publisher\":{\"@id\":\"https:\/\/www.magnifez.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.magnifez.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.magnifez.com\/#organization\",\"name\":\"Microsoft Dynamics 365 Partner | Power Platform Platform\",\"url\":\"https:\/\/www.magnifez.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.magnifez.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.magnifez.com\/wp-content\/uploads\/2019\/12\/magnifez-logo-INVERSE.png\",\"contentUrl\":\"https:\/\/www.magnifez.com\/wp-content\/uploads\/2019\/12\/magnifez-logo-INVERSE.png\",\"width\":2510,\"height\":704,\"caption\":\"Microsoft Dynamics 365 Partner | Power Platform Platform\"},\"image\":{\"@id\":\"https:\/\/www.magnifez.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.magnifez.com\/#\/schema\/person\/2ace558e4cd6d1e616a938d438587a1d\",\"name\":\"Askar\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.magnifez.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c5172e74c8c8f60b3c03c6bae4ab4676?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c5172e74c8c8f60b3c03c6bae4ab4676?s=96&d=mm&r=g\",\"caption\":\"Askar\"},\"sameAs\":[\"https:\/\/www.magnifez.com\"],\"url\":\"https:\/\/www.magnifez.com\/author\/askar\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Top 7 features of Dynamics 365 Finance & Operations - Magnifez","description":"What are the new features in Microsoft Dynamics 365 Finance & Operations. This article list down the top 7 features. read to know more.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/","og_locale":"en_US","og_type":"article","og_title":"Top 7 features of Dynamics 365 Finance & Operations - Magnifez","og_description":"What are the new features in Microsoft Dynamics 365 Finance & Operations. This article list down the top 7 features. read to know more.","og_url":"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/","og_site_name":"Microsoft Dynamics 365 Partner | Power Platform Platform","article_published_time":"2021-01-12T04:51:57+00:00","article_modified_time":"2021-01-12T04:51:59+00:00","og_image":[{"width":1918,"height":877,"url":"https:\/\/www.magnifez.com\/wp-content\/uploads\/2020\/12\/top-7-features-microsoft-dynamics-365-finance-and-operations-magnifez-min.jpg","type":"image\/jpeg"}],"author":"Askar","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Askar","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/#article","isPartOf":{"@id":"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/"},"author":{"name":"Askar","@id":"https:\/\/www.magnifez.com\/#\/schema\/person\/2ace558e4cd6d1e616a938d438587a1d"},"headline":"Dynamics 365 Finance &#038; Operations Top 7 features","datePublished":"2021-01-12T04:51:57+00:00","dateModified":"2021-01-12T04:51:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/"},"wordCount":689,"publisher":{"@id":"https:\/\/www.magnifez.com\/#organization"},"articleSection":["Dynamics 365","Dynamics 365 FNO"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/","url":"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/","name":"Top 7 features of Dynamics 365 Finance & Operations - Magnifez","isPartOf":{"@id":"https:\/\/www.magnifez.com\/#website"},"datePublished":"2021-01-12T04:51:57+00:00","dateModified":"2021-01-12T04:51:59+00:00","description":"What are the new features in Microsoft Dynamics 365 Finance & Operations. This article list down the top 7 features. read to know more.","breadcrumb":{"@id":"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.magnifez.com\/dynamics-365-finance-operations-top-7-features\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.magnifez.com\/"},{"@type":"ListItem","position":2,"name":"Dynamics 365 Finance &#038; Operations Top 7 features"}]},{"@type":"WebSite","@id":"https:\/\/www.magnifez.com\/#website","url":"https:\/\/www.magnifez.com\/","name":"Microsoft Dynamics 365 Partner | Power Platform Platform","description":"Your Dynamics 365 Partner.","publisher":{"@id":"https:\/\/www.magnifez.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.magnifez.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.magnifez.com\/#organization","name":"Microsoft Dynamics 365 Partner | Power Platform Platform","url":"https:\/\/www.magnifez.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.magnifez.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.magnifez.com\/wp-content\/uploads\/2019\/12\/magnifez-logo-INVERSE.png","contentUrl":"https:\/\/www.magnifez.com\/wp-content\/uploads\/2019\/12\/magnifez-logo-INVERSE.png","width":2510,"height":704,"caption":"Microsoft Dynamics 365 Partner | Power Platform Platform"},"image":{"@id":"https:\/\/www.magnifez.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.magnifez.com\/#\/schema\/person\/2ace558e4cd6d1e616a938d438587a1d","name":"Askar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.magnifez.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/c5172e74c8c8f60b3c03c6bae4ab4676?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c5172e74c8c8f60b3c03c6bae4ab4676?s=96&d=mm&r=g","caption":"Askar"},"sameAs":["https:\/\/www.magnifez.com"],"url":"https:\/\/www.magnifez.com\/author\/askar\/"}]}},"_links":{"self":[{"href":"https:\/\/www.magnifez.com\/wp-json\/wp\/v2\/posts\/2097"}],"collection":[{"href":"https:\/\/www.magnifez.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.magnifez.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.magnifez.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.magnifez.com\/wp-json\/wp\/v2\/comments?post=2097"}],"version-history":[{"count":0,"href":"https:\/\/www.magnifez.com\/wp-json\/wp\/v2\/posts\/2097\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.magnifez.com\/wp-json\/wp\/v2\/media\/2106"}],"wp:attachment":[{"href":"https:\/\/www.magnifez.com\/wp-json\/wp\/v2\/media?parent=2097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.magnifez.com\/wp-json\/wp\/v2\/categories?post=2097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.magnifez.com\/wp-json\/wp\/v2\/tags?post=2097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}