Microsoft has been offering businesses a lot of enterprise resource planning as well as Customer Relationship Management solutions. Both Dynamics AX, as well as Dynamics 365 for Finance and Operations, contains the ERP functions. However, Microsoft Dynamics 365 Dynamics and Operations is the latest corporate solution that the company offers. There are a few differences between Dynamics 365 and AX, but one of the major differences is that Microsoft Dynamics 365 Finance and Operations is more advanced. Therefore, the new-age businesses love Microsoft Dynamics 365 Finance and Operations.
Microsoft Dynamics 365 Finance and Operations is Cloud-Based
Additionally, Microsoft Dynamics AX is only an on-premise program, whereas, Dynamics 365 for Finance and Operations is not just an on-premise solution, but it is known for being a cloud-based app. Businesses have been demanding a high-end corporate solution that is cloud-based. And, therefore, Microsoft launched, Microsoft Dynamics 365 to meet the demands of modern businesses. So, the users won’t have to install or download anything, rather, they can simply use the solution by logging in it. All the apps and programs can be handled online. So, all you need is an active internet connection as well as the credentials to log in. Cloud-based solutions make the process of managing as well as monitoring of the business operations much easy.
Microsoft Dynamics 365 Finance and Operations Offer the Option to Perform Analytics and Get Meaningful Insights
Microsoft has been doing a fantastic job when it comes to enhancing the analytical capabilities of the tool. Also, it offers the new workplaces a lot of scopes and opportunities to perform data analytics. Microsoft Dynamics 365 Finance and Operations offers the option to personalize dashboards as well by coalescing data from a host of other systems with interesting visualizations. Therefore, you can customize the analytical workspaces as per the needs of your business as well.
Dynamics 365 has made it possible for Microsoft Dynamics Company to review the data in real-time. At the same time, they have also made sure that the data is used to make quick decisions. Power BI, one of the best parts of Dynamics 365 has made it possible for businesses to use real-time data for analysis and visualization. As, there are a lot of additional features which are added to Microsoft Dynamics 365 Finance, hence, people have started liking it way more than Dynamics AX.
Microsoft Dynamics 365 Finance and Operations Is Connected To All Other Apps
Microsoft Dynamics 365 is a byproduct of the single version concept by Microsoft. Hence, you will see that Dynamics 365 contains a host of apps and programs which are designed for different parts of the company. There is an app for marketing, an app for sales, and an app to manage customer relations, and a lot more. And, the best part about this solution is that all the apps are connected. And, as a result, even Microsoft Dynamics 365 Finance and Operations is also connected to all the other programs, and thus, the coordination and sync between the teams improve. The increased sync between different teams of the company automatically boosts the performance of the business.
Microsoft Dynamics AX had its huge market, but now, the market is being taken over by the more advanced version of the solution, Microsoft Dynamics 365 Finance, and Operations. This new version is cloud-based, and at the same time, it contains a host of new and exciting features as well. Thus, the adoption rate of Dynamics 365 is growing at a great pace and it is expected to reach new heights.
