What are Microsoft Dynamics 365 Finance and Supply Chain Management?

Microsoft Dynamics 365 Finance and Microsoft Dynamics 365 Supply Chain Management (D365F / D365SCM) are two pieces of the same ERP (enterprise resource planning) software. These applications were formerly known as Microsoft Dynamics 365 for Finance and Operations (FnO / D365F&O) and Microsoft Dynamics AX (AX). D365F / D365SCM are typically used by large corporations with multinational or extensively complex operations, unlike Microsoft Dynamics 365 Business Central (D365BC), another ERP system by Microsoft, which is typically used by small and mid-size businesses.

 
To learn more about D365BC, including its financial reporting, budgeting and inventory capabilities, the industries and sectors it serves, its license types and their prices; to familiarize with the implementation process and estimate implementation cost, visit the corresponding page or hire a consultant.
 

D365F / D365SCM is suitable for businesses in different industries and sectors, including: agriculture (commodity & livestock); business services; commerce; construction; education; electrical; engineering; financial services & banking; food services & restaurants; hotel & hospitality; human resources (HR) and talent acquisition; information technology (IT) hardware & services; immigration services; marketing & advertising; manufacturing; medicine & pharmaceuticals; mining; non-profit; oil, gas & alternative sources of energy; professional sports, stationary; supply chain & warehousing; utilities, etc.

The following modules are available to companies implementing D365F with D365SCM:

  • Advanced Financial Reporting;
  • General Ledger;
  • Accounts Payable;
  • Accounts Receivable;
  • Cash Management;
  • Security Management;
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  • Budgeting;
  • Intercompany;
  • Consolidation;
  • Cost Accounting;
  • Capital (Fixed) Assets;
  • Warehousing;
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  • Inventory;
  • Projects (Jobs);
  • Resources;
  • Time Sheets;
  • Service Management;
  • Manufacturing.
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    D365F / D365SCM integrate efficiently with other Microsoft software, including Office 365, Outlook, Dynamics 365 Sales (CRM – customer relationship management), Dataverse (formerly, Common Data Service or CDS), Power Platform and other Cloud and on premises products and services. Due to open API, D365F / D365SCM can also integrate with non-Microsoft software, including industry-specific programs, social media and payroll systems.

    D365F / D365SCM are usually a good choice for companies whose needs have have grown beyond their existing ERP system or combinations of systems and those requiring extensive modifications and integrations.

    One of the important features that multinational companies find of use with D365F and D365SCM is the ability to maintain G/L in multiple currencies at the same time.

    In order to estimate the cost of D365F and D365SCM licenses in the context of your own business, use our Dynamics 365 License Calculator. For a brief comparison between D365F / D365SCM and D365BC, visit our D365BC vs D365F and D365SCM page. If you would like to discuss what ERP system is optimal for your business, hire a consultant.

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