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Dynamics 365 Finance consulting & implementation services
Dynamics 365 Finance capabilities
Dynamics 365 Finance provides a wide array of modules and capabilities, allowing companies to effectively manage their financial data and processes across their legal entities and understand their financial performance.
General ledger | Manage the company’s financial records effectively, classifying debit and credit entries in a chart of accounts, automating sales tax setup and calculation, and streamlining fiscal year-end processes. |
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Financial reporting | Efficiently design, manage, and distribute various types of financial reports with minimal manual effort with the help of built-in financial reporting capabilities and native Power BI integration. |
Accounts receivable & credit management | Сreate customer invoices and track incoming payments for the provided products and services, predict customer payment timelines, set up recurring billing workflows, manage credit limits, and monitor customers’ total outstanding debt. |
Accounts payable | Keep track of vendor invoices, automate invoice review, matching, and approval processes, and generate AP reports to gain visibility into the company’s outstanding balances. |
Budgeting | Create and manage budget plans, including workforce, project, and fixed asset budgets, and control budget compliance to prevent overspending. |
Cash & bank management | Maintain the organization’s bank account records and related financial documents like deposit slips, checks, bills of exchange, and promissory notes, automate bank statement reconciliation, and predict the company’s cash flow. |
Asset leasing | Streamline the end-to-end lease lifecycle, from asset lease creation to adjustment and termination, and generate accurate asset leasing reports that comply with accounting standards like IFRS 16 and US GAAP. |
Fixed assets | Track and manage the company’s fixed assets, such as buildings, vehicles, land, and equipment, from their acquisition to disposal. |
Expense management | Monitor the company’s credit card transactions and staff spending, monitor expense submissions’ compliance with your policies, and automate expense reimbursement. |
Cost accounting | Analyze data from your general ledger, subledgers, and budget documents to understand overall business expenditures and how they compare to budgeted costs, as well as track cost distribution across departments or projects. |
Business performance analytics & planning | Unify financial and operational data across departments, extract real-time data insights into current business performance, and easily create reports using preconfigured dashboards and Power BI visuals. |
Compliance features | Ensure compliance with regulatory requirements across 200 countries and regions, automate tax calculations across multiple jurisdictions, and easily create and maintain regulatory electronic reports and payment documents for submission to regulatory authorities. |
Consulting
Our consultants analyze your financial processes and business needs, the finance team’s pain points, and system requirements to conceptualize a tailored D365 Finance solution and create a personalized implementation roadmap and strategy. We also advise on suitable Dynamics 365 licenses, offering ongoing project guidance and post-launch user training to ensure smooth system implementation and maximized user adoption.
Implementation
We implement standalone Dynamics 365 Finance-based solutions and Dynamics 365 product bundles tailored to your unique business processes and select appropriate Dynamics 365 licenses. We support flexible implementation timelines based on your project needs, performing all necessary configurations and customizations to ensure solution alignment with your operational logic, integrating the solution with software used by your business, and providing post-launch user support to facilitate change management in your company and streamline solution adoption by financial teams.
Customization
Our team modifies built-in features of the Dynamics 365 Finance module to align it with the unique financial workflows of your company, personalizing page layouts and dashboards, designing custom business rules and workflows, and developing custom extensions, add-ons, and integration solutions.
Migration
Our specialists migrate your financial data and workflows from your legacy systems, including Dynamics AX (Axapta), to a Dynamics 365 Finance solution with minimal disruption to your operations. Additionally, we move your Dynamics 365 Finance solution from an on-premise to a cloud-based environment to meet your system scalability and security needs.
We integrate your Dynamics 365 Finance solution with Microsoft 365 apps and Azure Services using built-in connectors, as well as develop custom integration solutions to connect third-party software. This way, we enable frictionless two-way data flow between your financial module and other business applications and enhance financial visibility across the organization.
We offer ongoing support services, monitoring Dynamics 365 Finance-based system health, performing quick troubleshooting and user support, and delivering regular updates and upgrades. We also optimize Dynamics 365 Finance modules and workspaces to make sure the solution evolves along with your company, as well as conduct employee training sessions to help users fully utilize the solution’s capabilities.
Streamline financial management with a tailored Dynamics 365 Finance solution
25%
decline in delivery errors
Dynamics 365 integration & implementation support for an accessories conglomerate
We helped a global fashion accessories designer, producer, and distributor replace their legacy ERP system with a solution based on Microsoft Dynamics 365 Finance and Supply Chain Management, enabling them to improve their operational efficiency, scalability, and business agility. We conducted a comprehensive business analysis and integrated the ERP with the customer’s IT infrastructure, as well as overseeing the solution’s implementation by third-party providers to ensure the project’s coordination and timely delivery.
30%
operational efficiency increase
Dynamics 365 implementation for a leading food manufacturer & distributor
We implemented a Microsoft Dynamics 365 Finance and Supply Chain Management solution for a Europe‑ and UAE‑based manufacturer operating within the international agri‑food supply chain. During collaboration, we redesigned inefficient workflows to align with Dynamics 365’s best practices, introducing automated costing and two-step inventory confirmation features, integrated the solution with the customer’s systems, and configured D365 to meet diverse African regulatory requirements.
Why implement Dynamics 365 Finance
Streamlined financial workflows
Automate invoice entry and processing, subledger matching, bank reconciliation, and payment collection processes to reduce operational bottlenecks and accelerate financial close and reporting.
Enhanced decision-making
Unify finance data and leverage forecasting, scenario modelling, and reporting capabilities to make informed decisions about investments, loan approvals, and capital allocation to optimize company profitability and proactively manage its liquidity.
Maintained regulatory compliance
Ensure compliance with global and local regulations thanks to feature updates delivered by Microsoft that reflect country- or region-specific legislation changes, as well as thanks to built-in tax calculation capabilities, audit trails, out-of-the-box support for various local e-invoicing formats, and streamlined regulatory reporting and payments.
Improved scalability
Automate routine tasks to efficiently handle the growing transaction volumes and complexity, as well as easily clone entity setups to launch subsidiaries and products faster.
Looking for a reliable Microsoft Dynamics 365 Finance partner?
Why choose Itransition
Adaptable collaboration options
Depending on your project requirements, we offer flexible cooperation options, including full project outsourcing (assuming full responsibility for solution delivery and project management), dedicated teams (providing a team of experts to work alongside your team or other third-party Dynamics 365 specialists), and team augmentation (outstaffing individual experts to join your project). As part of our best practices, we work both on-site and remotely during solution implementation or hypercare phases based on your cooperation preferences and requirements.
Reliable software delivery practices
To eliminate implementation risks and achieve successful project outcomes, we follow a Microsoft Success by Design framework, guidelines for code consistency and accurate code review, as well as ERP implementation best practices. We also have ISO 9001 and ISO 27001-compliant quality and security management systems in place to maintain high service quality and safeguard the company data we access during the project.
Comprehensive Dynamics 365 expertise
With multiple Dynamics 365 specialists on board, we bring versatile experience implementing and maintaining Dynamics 365-based solutions, including Dynamics 365 Finance ones, and ensuring their seamless interoperability with CRM, ecommerce, and inventory systems to eliminate manual data entry and reduce errors.
Strong industry knowledge
With a proven track record in 20+ industries, including manufacturing, BFSI, professional services, and healthcare, we have a deep understanding of industry-specific financial processes and compliance requirements. This allows us to properly configure and customize the Dynamics 365 Finance solution to fully support your financial workflows.
About Itransition
Microsoft Partner since 2008
Holding a Microsoft Solutions Partner status in Data & AI (Azure) and Digital & App Innovation (Azure)
25+ years of experience in IT consulting and software development
50+ successful ERP projects across various industries
Certified Microsoft Dynamics experts
4.9 average rating on Clutch
FAQs
Dynamics 365 Finance and Operations (D365 F&O), previously branded as Microsoft Dynamics AX, was a cloud-based CRM and ERP solution that has been recently split into Dynamics 365 Finance and Dynamics 365 Supply Chain Management. This way, while Dynamics 365 for Finance and Operations was an enterprise-ready ERP system, Dynamics 365 Finance is a standalone solution, offering dedicated functionality for financial workflows.
Microsoft Dynamics 365 Finance supports per-user licensing and comes in two editions: Finance and Finance Premium. Dynamics 365 Finance costs $210 per user/month, but its pricing can change over time. It provides core financial management functionality, read-only access to business performance planning capabilities, and limited invoice capture transactions, electronic invoice transactions, and AI Builder credits.
Dynamics 365 Finance Premium is currently available at $300 per user/month (however, this figure can be revised by Microsoft over time) and offers standard Finance functionality together with capabilities for creating plans, budgets, forecasts, or financial analysis reports. Dynamics 365 Finance Premium also provides increased capacity for electronic invoice transactions and invoice capture transactions, as well as more AI Builder credits.
Software pricing also depends on your Dynamics 365 partner, who can offer specific discounts for large numbers of Dynamics 365 licenses.
Microsoft Dynamics 365 Finance offers a set of AI-powered capabilities that automate repetitive tasks, enhancing financial team efficiency and agility. For example, there are Finance agents, previously known as Microsoft Copilot for Finance, that automatically summarize customer information, draft emails, and reconcile subledger and ledger data. Microsoft Dynamics 365 Finance also includes AI capabilities for predictive analytics, including cash flow and customer payment forecasting, providing real-time insights and enabling business intelligence for financial planning and data-driven decision-making for financial teams.
Apart from Dynamics 365 Finance, we’re well-versed in different Dynamics 365 applications, including Dynamics 365 Supply Chain Management, Dynamics 365 Business Central (formerly Microsoft Dynamics NAV), Dynamics 365 Sales, Dynamics 365 Customer Service, Dynamics 365 Field Service, and Dynamics 365 Human Resources, helping you coordinate and harmonize business processes across diverse departments.
A dedicated Microsoft Dynamics 365 partner has deep platform expertise and specialized domain knowledge, which they use to ensure successful digital transformation by implementing the best-fitting Microsoft Dynamics 365 solutions. The right partner can align software capabilities with your business workflows and determine the required features and customizations to fully meet your specific business needs. They can also help you avoid common implementation roadblocks and issues like project scope creep and budget overruns. Additionally, they can act as a Dynamics 365 support partner, performing user training and resolving issues that arise after solution rollout.
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