Top Features of Microsoft Dynamics AX That Drive Business Success

ERP solution is a necessity in the modern business scenario, without which it is almost impossible to drive operational excellence and maximize revenue.

In the business management solution domain, Microsoft Dynamics AX is a widely known ERP solution that integrates functionalities to optimize business processes.

As part of its focus on cloud-based solutions, Microsoft has ended mainstream support for Microsoft Dynamics AX. The company is encouraging Dynamics AX users to transition to its successor, Dynamics 365 Finance and Operations.

Microsoft Dynamics 365 finance and operations is a cloud-based ERP solution that integrates artificial intelligence, advanced analytics, and automation to manage core business operations. Due to advanced Microsoft cloud ERP capabilities, the solution has quickly become a business successful tool.

However, delving into top Dynamics AX features that continue to drive business success is interesting.

Finance Management

Finance management is a vital aspect that organisations should take care of well. Dynamics AX provides for managing finance. It effectively handles general ledger, accounts payables and receivables, budgeting, and fixed assets.

The ERP provides a centralized view of financial data that allows other departments to access it and make improved decisions. Dynamics AX also provides comprehensive reporting capabilities that are essential for meeting complaints requirements and financial reporting.

Supply chain management

The ERP platform streamline supply chain operations. This ensures that organization can take charge of inventory management, procurement and sourcing, manage relationships with vendors, and simplify warehouse operations.

The highlight of the solution is that it connects processes like sales, purchasing, warehousing, and others into a centralized platform to provide total visibility into operations. With proper supply chain management, organizations can fulfil customer demands on time and elevate customer satisfaction.

Inventory management

Dynamics AX helps organizations manage inventory properly. The ERP provides real time visibility into inventory across all locations which allow organizations to manage everything from a centralized platform. With this real-time visibility, the issues such as inventory out-of-stock situations and overstocking can be avoided.

By maintaining optimal inventory levels, business can ensure there is enough stock in stores to meet customer demand. Organizations can even make meaningful purchasing decisions based on current stock levels and customer needs.

Integration with technologies

Dynamics AX, now known as Dynamics 365 Finance and Operations, works with various technology platforms. The solution easily integrates with Microsoft technologies as well as third-party systems and apps. Integration helps improve communication and collaboration, analytics capability, facilitate seamless data exchange by breaking down data silos, and elevate system capabilities. With these integration capabilities, organizations can manage operations more efficiently and reduce complexities.

Robust manufacturing capabilities

Dynamics AX supports various manufacturing processes, including discrete, process, and lean manufacturing. It offers comprehensive features to manage production planning, material management, and job scheduling. The solution also provides extensive visibility into the production floor, helping manufacturing organizations take control of production processes, ensure employee productivity, and effectively manage operational data.

Analytics and reporting

Advanced analytics feature makes it easier for organizations to make informed decisions by analyzing business data. The insights into various aspects of operations can help improve decision-making across various processes and identify areas that need improvement.

Reporting capability enables the visualization of data through charts, maps, and tables. This makes data analysis easy and understand the status of the processes.

Introduction to Dynamics 365 Finance and Operations

Dynamics 365 is a cloud-based business management solution designed for enterprises of all sizes and types. It integrates ERP and CRM features that helps organizations to manage their core process and customer service operations.

The cloud-based successor to Dynamics AX is Dynamics 365 Finance and Operations. The advantage of moving to finance and operations ERP is that, organizations can benefit from the Microsoft cloud intelligence.

Its advanced AI capabilities, business intelligence, interactive dashboards and reports, automation, and other Microsoft services are accessible to Dynamics 365 Finance and Operations users. Through these capabilities organizations can lead the transformation with improved visibility into finance and supply chain activities.

The finance management capabilities are advanced to manage complex financial processes which helps organization simplify their global operations. It also provides the opportunity to expand their business across different regions.

Move ahead with Microsoft Solutions  

Dynamics AX is without Microsoft Cloud features. A transition to cloud-based Dynamics Finance and Operations is essential.

The transition from Dynamics AX to Dynamics 365 can be made seamless with the support of Microsoft Gold Partners. LITS SERVICES helps you adopt cloud-based ERP without any hindrance to your workflow.

Our experts manage the transition with careful planning, thorough understanding of business, and expertise. They guide you through the process of an error-free transition.

Connect with our Dynamics 365 professionals today.