Microsoft Dynamics 365 Finance

Maintain a centralized repository of vendor information and payment details.

Automates the process of receiving, approving, and paying invoices.

Supports multiple payment schedules and payment methods.

Settle vendor balances, handle partial payments, discounts, and overdue charges.

Manage customer information, credit limits, payment terms, and historical transactions.

Supports recurring and automated invoicing for subscription-based services.

Set up payment reminders, generate aging reports, and manage disputes.

Define specific rules, like delivery date and payment terms.

Create detailed budget plans and allocate budgets across departments.

Prevent overspending by monitoring expenditures against budgeted amounts.

Manage budget register entries for accurate budget tracking.

Establish approval workflows for budget requests.

Automate bank statement reconciliation for improved accuracy and efficiency.

Predict future cash inflows and outflows to optimize cash management.

Manage check books, including issuing, printing, and tracking checks.

Tracking cash reserves, investments, and funding requirements.

Acquire assets through purchase orders, journals, or bulk acquisition.

Create a depreciation profile and calculate the fixed asset depreciation value.

Revaluate assets, handle impairments, and adjust the value.

Tracks maintenance schedules and costs for assets.

Track project costs, including labor, materials, and overheads.

Enter time and expenses against projects to bill clients.

Plan revenue and expenses over a period.

Manages contracts, including billing schedules, terms, and conditions.

Capture receipts, categorize expenses, and submit them using an app.

Customize approval workflows for appropriate approval before being reimbursed.

Enforce company policies on expenses, like limits on travel costs.

Integrate with payroll systems to ensure timely reimbursement.

Create customized financial reports to meet specific needs.

Generate ad-hoc reports to analyze financial performance.

Track financial data across different dimensions for in-depth analysis.

Combine financial data from multiple entities for consolidated reporting.