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Here's everything you need to know
Dynamics 365 for finance is the financial management module of Dynamics 365, an enterprise resource planning system for medium to large organizations. Although Dynamics 365 covers numerous aspects of a business such as production, financial management, accounting, warehousing, transportation, etc. The finance module focuses entirely on the financial aspect of your business. It allows you to automate processes, stay updated on tax regulations, manage invoices, generate comprehensive financial reports, and also benefit from data-powered predictive insights.
The minimum users’ requirements for Dynamics 365 finance is 20 users.
Dynamics 365 is recommended for medium to large enterprises, but if you are a startup looking to scale, then you will need integrated ERP and CRM modules to drive efficiency and reach operational excellence. Finance is one of the modules of Dynamics 365 and the rest of the modules include, sales, marketing, customer service, retail, supply chain, human resource, and customer insights. Organizations looking to benefit from this solution may use it to streamline or automate their accounts payables and receivables, create purchase requisitions, manage workflow approvals, generate financial reports, and comply with local and international taxations.
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