Efficient Data Management: Dynamics 365 Finance & Operations Implementation and SharePoint Services Integration

You can reduce your operational costs by 15% when considering process optimization as a major consideration. Now you could do the same for your finance and operations, and that’s where dynamic 365 finance and operation implementations come into play.
While you’re managing finance and operations, you need something that is accessible to store, manage, and share documents specific to these activities. With SharePoint integration, you can easily set up a site to manage all the files that are relevant to Dynamic 365 finance and operation implementation.
In this article, let’s learn about Dynamic 365 finance and operations implementation and Sharepoint services integration for effectively managing your data.
What is Dynamic 365 finance and operation implementation?
There is no denying that every business environment keeps changing and so should your organization strive to streamline the processes.
Dynamic 365 Finance and Operation Implementation is a business tool that has all the applications to manage the core functions of your business, from human resources to supply chain management to manufacturing and finance, on one platform.
With its cloud capability, you can scale your operations easily and adapt to its flexibility.
Financial management
Think no more about handling payment processing, financial transactions, and reconciliation while you streamline it with Dynamic 365.
From accounting to budgeting, cash flow management to financial reporting, everything is sorted.
Manufacturing
Your manufacturing process can get more efficient with it, as it also takes care of resource utilization. With this ERP, you can also get into things like quality management, production planning, and shop control.
Supply chain management
Order management is a hassle when it gets overloaded, it needs to be streamlined, from optimizing the inventory to order processing and fulfillment. This indicates that it could help you make your product available to your customers all the time while also giving them satisfaction and, most importantly, timely delivery of the orders.
Human resource management
The tool can also solve HR processes with its extensive capabilities of attracting the right candidates, hiring them, and retaining them.
The employee can even self-serve themselves by accessing any information about HR in the portal, and sending any requests with it.
What is SharePoint service integration?
It is a tool by Microsoft that allows any device to store, share, organize, and access information. For greater collaboration, businesses can integrate it with other systems to go beyond its capabilities.
Its feature can allow the organization to edit and collaborate on the created document using SharePoint; that way, document management is well handled.
To not lose context, it even lets you access SharePoint from other applications with a unified interface for users.
If you want to automate the SharePoint workflows, that’s possible with the integration of other platforms where content editing, workflow approval, and notifications can be done.
You can bring all your databases, external systems, and CRM systems into one place with SharePoint libraries or lists, which is data consolidation.
With its integrated search, you can find documents, sites, and lists easily. Across systems, your security policies are checked. Developers also get to build customized solutions using connectors and APIs by integrating SharePoint.
The duo of Dynamic 365 finance and operation implementation and SharePoint services integration
This can not only increase productivity but also lead to effective data management.
Processing files
You can think of SharePoint as giving you file repositories where you can store and retrieve data necessary for financial transactions, customer interactions, and the operations of the business.
Keep your data organized
It allows you to keep your customizable data organized, be it document libraries, sites, forms, or lists. That’s how people get easy access to data.
Bring the redundancy to zero
Your data is at the center at this point, removing the redundancy here where administrative tasks are reduced as well as giving you access to accurate data.
Effective collaboration and communication
The team around the globe at different locations can actively be a part of the project in real time, and any edits you make will be visible to other collaborators.
Analytics and Reporting, Automation and Live Data Tracking
You can automate your workflow in SharePoint without the administrator having to do anything. With analytics integrated, you get to see what’s happening in there as you get data insights and also a report with all the important data in it.
SharePoint, while being a central repository, can display live updates on the data. For instance, the finance team can track transactions and keep tabs on those that haven’t been initiated.
The Wrap
You know the necessity of efficient processes and optimized solutions, especially in finance and operations. When the Microsoft Dynamic 365 finance and operation implementation along with SharePoint Services Integration allows you to do exactly that, why wouldn’t you want to try it out?
Or if you have been but haven’t been successful in setting the processes in place, you can always get a helping hand to do this for you. Where the expertise of the people doing it for many organizations can do better at implementing it for you.