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Microsoft D365 Finance and Operations (D365 F&O) for Retail

Achieve Greater Financial Agility and Focus on Better Financial Decisions

Overview

Transforming the Retail Industry with D365 F&O

Microsoft D365 Finance and Operations (D365 F&O) is an impactful cloud or hybrid-based Microsoft ERP solution that enables businesses to manage their finances and operations with ease and efficiency. We specialize in providing innovative solutions tailored for the retail industry, helping you streamline operations and achieve greater efficiency with Microsoft D365 F&O for Retail.

The Future of Connected Retail
Retail customers are transforming the shopping experience to meet modern consumer demands, focusing on seamless integration across digital and physical channels. This includes store digitization, enhancing online and offline presence, and improving logistics for faster fulfillment. This highlights how personalization, adaptability, and intelligence are reshaping the industry.
At AXSource, we specialize in delivering innovative solutions for the retail sector, leveraging Microsoft D365 Finance and Operations (D365 F&O) to streamline operations and drive efficiency with this powerful cloud-based ERP platform.

Why Opt for D365 F&O for Retail?

Expert Implementation: Our team of certified professionals ensures a smooth and efficient implementation process.

Customized Solutions: We tailor D365 F&O to meet the unique needs of your retail business.

Ongoing Support: Benefit from our continuous support and training to maximize the value of your investment.

Proven Track Record: With years of experience in the retail sector, we have a proven track record of successful D365 F&O implementations.

Intelligent Business Applications to Create a Hyperconnected Retail Business

Financial Management

Microsoft Dynamics 365 Finance and Operations (D365 F&O) gives you a unified view of every aspect of your business by seamlessly integrating your company’s core business processes. Predictive analytics, unified global financial reporting capabilities, and built-in AI enable you to maximize financial visibility and make quick, better financial decisions to support the expansion of your business.

Supply Chain Management

Intelligently combine inventory, warehouses, manufacturing, services, and logistics into a single dynamic view. Achieve in-depth data-driven insights to facilitate predictive analysis and strategic decision-making.

Project Management

A comprehensive solution that allows you to manage the projects your organization successfully undertakes from beginning to end, from developing and maintaining complex budget forecasts to efficiently managing resources, inventory items, project-related tasks, and tracking financials.

Cloud Services

Access real-time data and stay in touch with coworkers and customers. Obtain data-driven insights into your company, create action plans, and accomplish organizational objectives.

FAQs on Microsoft D365 Finance and Operations (D365 F&O)

1. Can Dynamics 365 Finance and Operations support non-profit operations?

Dynamics 365 Finance and Operations (D365 F&O) can be configured to support non-profit operations. AXSource can deploy it along with Microsoft’s industry Cloud for Nonprofit solution that provides key functionality including donor and donations management, membership management, and volunteer engagement. AXSource extend Microsoft’s Cloud to deliver an end-to-end solution for the Nonprofit industry.

2. Can Dynamics 365 Finance and Operations support construction operations?

While Dynamics 365 Finance and Operations (D365 F&O) doesn’t natively include construction-related data models, it can be (and is often) customized to support construction operations, leveraging the robust project management, cost management, and contract management functionalities within the product.

3. Can I access Dynamics 365 Finance and Operations on mobile devices?

Yes, D365 F&O is accessible on mobile devices, Tablet or iPad allowing you to manage your business processes on the go using multiple options.

4. Can Dynamics 365 Finance and Operations handle asset management?

Yes, D365 F&O provides robust finance module which includes asset management capabilities, allowing you to track and manage your assets effectively.

5. What is cost management in Dynamics 365 Finance and Operations?

Cost management in Dynamics 365 Finance and Operations is a comprehensive toolset that helps organizations track, analyse, and control costs across various business processes. It encompasses features for standard costing, product costing, overhead allocation, inventory valuation, and cost accounting.

6. How does inventory valuation work in Dynamics 365?

D365 F&O supports various inventory valuation methods, such as FIFO, LIFO, average cost, and standard cost. The chosen method impacts the cost of goods sold and inventory value on the balance sheet. D365 also supports various Inventory accounting i.e. Raw material, Finished goods, SubWIP or WIP products & service or Non-stock Items.

7. How can I analyse product profitability using Dynamics 365?

Dynamics 365 provides tools for product profitability analysis, including margin analysis, cost-volume-profit (CVP) analysis, and contribution margin reporting. These insights help identify profitable products and areas for cost reduction.

8. What are the key benefits of using asset leasing in Dynamics 365?

– Improved lease visibility and control
– Enhanced financial reporting and analysis
– Compliance with complex lease accounting standards
– Automated lease accounting processes
– Reduced manual effort and errors

9. What is lease management in Dynamics 365 Finance and Operations?

Lease management in Dynamics 365 Finance and Operations is a comprehensive solution designed to streamline the entire lease lifecycle, from creation to termination. It covers lease contract management, accounting, payment processing, and reporting, ensuring compliance with accounting standards like ASC 842 and IFRS 16.

10. What are the key features of accounts receivable and payable?

Dynamics 365 provides comprehensive AR and AP functionalities, including invoice processing, customer and vendor management, cash application, and dispute resolution. The AP and AR modules integrates with Procurement, Sales and expense management module to help organization to seamlessly track & manage the books.

11. What reporting tools are available in Dynamics 365 Finance?

Dynamics 365 offers built-in reporting tools, as well as integration with Power BI for advanced analytics and visualizations.

12. How does Dynamics 365 support budgeting and forecasting?

Dynamics 365 Finance and Operations offers robust tools to support budgeting and forecasting, enabling organizations to plan for the future and make informed decisions. Few of the Benefits of Budgeting and Forecasting in Dynamics 365 are
– Improved Financial Control: Gain better visibility into financial performance and identify potential issues early on.
– Enhanced Decision Making: Support strategic planning and resource allocation based on accurate forecasts.
– Increased Efficiency: Automate budgeting and forecasting processes to save time and reduce errors.
– Improved Collaboration: Facilitate collaboration among departments and stakeholders.
– Compliance: Ensure compliance with financial regulations and reporting requirements.

13. How can Dynamics 365 help with financial closing?

Dynamics 365 streamlines the financial closing process through automation, reconciliation, and reporting tools.

14. What kind of audit information does Dynamics 365 capture?

Dynamics 365 captures a wide range of audit information, including user actions, data changes, system modifications, and transaction details.

15. How can I configure audit policies in Dynamics 365?

You can configure audit policies to specify which data and actions should be audited. This helps balance security needs with performance impact.

Streamline and Optimize your Finance and Operations Processes for Maximum Efficiency and Growth!