Dynamics 365 Finance and Operations Release Wave 1 2022
The Dynamics 365 portfolio offers a variety of enterprise solutions to continually support business requirements.
Microsoft delivers regular enhancements across the full range of Dynamics 365 products to respond to the changing needs of industries and customers. The most recent developments are new Finance and Operations features they plan to release from April 2022 through September 2022.
Here are some of the major highlights you can expect.
Dynamics 365 Finance is launching the general availability (GA) of subscription billing to ensure organizations can thrive in a service-based economy, in addition to bringing intelligent automation around vendor invoicing, ledger settlements, and year-end close services to enable our customers maximize financial visibility.
Also being released is the public preview of tax audit and reporting service and enhancements to their globalization offerings in Globalization Studio, such as tax calculation and electronic invoicing.
Supply Chain Management
Dynamics 365 Supply Chain Management investments continue to focus on driving agility and resilience in the supply chain. Enhanced warehouse and manufacturing execution workloads enable businesses to scale mission-critical operations using cloud and edge scale units.
Planning Optimization brings new manufacturing scenarios and planning strategies to help businesses and manufacturers, shorten planning cycles, reduce inventory levels, and improve customer service.
The new global inventory accounting functionality allows inventory accounting in multiple representations to simplify operations for businesses working in multiple currencies or facing different local and global accounting standards.
Intelligent Order Management
Dynamics 365 Intelligent Order Management brings an expanded set of out-of-the-box provider integrations, enabling rapid deployment and connectivity to an ecosystem of solutions in the order capture, logistics, fulfilment, and delivery process flows.
Combined with the rich ecosystem of providers, companies will have the ability to achieve advanced order orchestration using the new expanded set of features and optimizations supported in inventory orchestration, order actions, and fulfilment.
This release wave brings a brand-new returns and exchange management service directly integrated into e-commerce solutions. This service enables customers to orchestrate journeys that minimize operational costs related to getting merchandise back on shelves and drive clear communication with their consumers.
Dynamics 365 Project Operations is investing in enabling capabilities ranging from onboarding, estimating, and using resources from external talent pools, helping to boost efficiencies in project planning and delivery.
Customers will be able to upgrade from Project Service Automation to Project Operations and integrate with leading project management tools like Microsoft Project Desktop to help increase adoption.
Customers can bring their own project management tools through a generic API where task scheduling can happen in the project management tool of choice and then integrate to Project Operations, becoming available to users in a read-only manner.
Should you wish to learn more about the benefits that Dynamics 365 Finance and Operations solutions can bring to your organization, please get in touch for a friendly discussion.
Dynamo is a trusted Microsoft Dynamics 365 partner with expertise in designing and implementing intelligent, connected solutions to help your business be better informed, more agile, and more efficient. For more information about us, do visit our website.