The advantages of Microsoft Dynamics 365 for Financials for SME enterprises

Microsoft Dynamics 365 for Financials has been designed especially for small and medium-sized business organizations. They help in streamline and manage the business effortlessly.

The Microsoft Dynamics 365 for Financials is ideal for those organizations that are looking towards upgrading their accounting software. The Microsoft Dynamics NAV Partner is the perfect choice for a firm or organization who can deliver robust accounting and business solutions that can connect all your employees/clients on a single platform.

Microsoft dynamics 365 for financial was launched in 2016 with a feature named SaaS. It is cloud-based software based on monthly subscription. As compared to NAV, the subscription prices are low and aimed at small-scale businesses. 

The following are advantages or benefits of Microsoft Dynamics 365 for Financials when implemented by a trusted Microsoft NAV partner for your business and these benefits include-

1. The users can use this product anytime and anywhere.

2. It has financial features such as general ledger, inventory, payables, receivables, and assets.

3. The purchasing and sales management, items and job management other features of the Microsoft Dynamics 365 for financial. It has full integration with other necessary Microsoft products such as excel and outlook.

4. It is integrated with Lexmark.

5. It has user-friendly integration and can be used on laptop, mobile, tablet or desktop.

Key features of Microsoft Dynamics 365 Financial- An Overview

1. Infrastructure and deployment

How you deploy Microsoft Dynamics 365 for financials is an important aspect. Implementing Microsoft dynamics 365 for financial, an organization needs to purchase the software as a service feature. Though many use it as an additional service, some face problems with its lack of flexibility and data autonomy.

2. Pricing and licensing

Microsoft Dynamics 365 Financials can only be licensed through monthly subscription. Despite the limitation on licensing, Microsoft Dynamics 365 for financial is low priced and suitable for businesses especially the small and medium-sized enterprises or SMEs.

The Microsoft Dynamics 365 plan under Finance and Operations is available from $210 per user/month inclusive of download licensing guide as per the website of https://dynamics.microsoft.com/en-us/pricing/

3. Customization and configuration

Microsoft Dynamics 365 for financials is being implemented by the majority of SMEs due to its flexibility in customization. However, dynamics 365 cannot customize as per requirements and you have to use it as it is.

These are some of the important features of Microsoft Dynamics 365 for Financial.

Report this Page