Top 10 Release Wave 1 2020 Highlights for Microsoft Dynamics 365 Finance and Operations

Top 10 Release Wave 1 2020 Highlights for Microsoft Dynamics 365 Finance and Operations

Release Wave 1 2020 is finally here!

Microsoft Dynamics 365 Finance and Operations comes with the newest features to enhance automation, predictive analytics, core capabilities, and more.

In this blog, I want to highlight ten critical upcoming features, for Finance and Supply Chain Management, that are going to improve the solution and make your job even easier to manage.

1.    Automatic vendor payment proposal

Apply your own rules to manage and create vendor payment proposals consistently, effectively, and automatically.

2.    Credit management

Increase cash flow, lessen debts, and provide insights that will help you control credit risks while guaranteeing your customer will benefit from promotions and make the purchases they need by utilizing the proactive credit control activities suggestions

3.    Intelligent budget proposal

Stop wasting money, energy, and time generating manual budget proposals by enabling the creation of an annual budget, along with periodic projections through an automated, smart process.

4.    Treasurer workspace

Ease your treasurer work by utilizing a tailored page to meet a treasurer’s needs so that they can finish their entire day’s activities from a single environment.

5.    Electronic reporting advanced formula editor

Enhance the experience of designing Electronic Reporting (ER) expressions with the following new features for formula editor:

  • Code autoformatting
  • IntelliSense
  • Code completion
  • Code navigation
  • Code structuring
  • Find and replace
  • Data pasting
  • Syntax colorization

6.    Fixed assets integration with Asset Management lifecycle

Improve the “acquire to retire” asset lifecycle with end-to-end process flows with the Fixed Assets module. Enable customers to obtain and install or commission assets using the Fixed Assets module by enabling process flows between the Fixed Assets and Asset Management modules.

7.    IoT intelligence core insights

IoT intelligence main insights:

  • Delayed orders: Ability to define metrics for order delays for resource and product combination and enable users to get notified when an exception to these thresholds occur.
  • Equipment down: Ability to define metrics for down machine threshold and enable users to get notified when an exception to these thresholds occur.
  • Quality anomaly: Provides users the ability to define quality attributes for products and get notified when exceptions to these attributes happen.
  • Automated inventory updates: Provides the ability to define batching/grouping rules for automatic inventory update journals/RAF creation from a part out signals received from the IoT Hub.

Seamless onboarding experience providing the 5X5 experience:

  • No-code capability: Connect their machines to IoT intelligence service and get started with actionable insights.
  • Analytics enhancements. Provide key analytics and Overall Equipment Effectiveness (OEE) metrics from shop floor to top floor, enabling users to make critical decisions.

8.    Manufacturing intelligence

Create a feedback loop encompassing the data collected in the business applications, sensors on the floor and external signals, and leverage the Microsoft best-in-class business intelligence and artificial intelligence offerings. Gain operational efficiency, drive quality, reduce waste, and be more agile.

9.    Customer self-service experiences

The newest Customer Portal provides the following necessary administration capabilities and inquiry functions:

  • Sales orders and lines (such as selected fields and status)
  • Quotes
  • Customer Invoices
  • Your contact information and relevant business master data
  • Your own contacts
  • Product catalog and product images and description
  • Prices and item availability
  • Account balances
  • Request updates to sales orders (adjust existing lines with quantity and delivery dates)
  • Accept quotes
  • Update contact information
  • Make online order inquiries

10. Inbound and outbound logistics improvements

  • Inbound: Now, you can perform rapid quality checks on the spot at the time of receiving to the inbound dock area.
  • Warehouse operations: You can easily view and sieve the volumetric use of location across the warehouse, see where the LP is located in a multi-pallet location. Increase flexibility in the inventory reservation policy to allow businesses who sell batch-tracked products and run their logistics as WMS.
  • Outbound: Now, you can set up carrier login credentials, print labels obtained back from carrier web services. Also, you will be allowed to designate the shipment to an existing load if one exists that meets the conditions, or create a new load if needed.

Thank you for reading this blog, If you wish to read the complete Release Wave 1 2020, click here

#Dynamics 365 #ERP Solutions #Finance and operations #Microsoft April Release #Microsoft Dynamics 365 Finance and operations #Microsoft ERP #Microsoft Partner #Microsoft Solution #Microsoft update

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