Dynamics 365 Finance & Operations
At Covenant Technology Partners, we understand that every organization has unique financial and operational needs. With Covenant, you’re not just adopting a cloud ERP system; you’re partnering with a dedicated team that integrates your end-to-end operations. Our goal is to empower you with real-time insights and AI-driven analytics to enhance unified financial management and build a resilient, optimized supply chain. With our customized approach, you’ll be ready to respond to rapidly shifting market demands and manage your business with data-driven decision making and global business operations.
Microsoft Dynamics 365 Finance & Operations
Design Products with Speed and Accuracy
- Accelerate Time to Market
- Configurable Products
- Product Quality
- Elevate Product Information
Procure with Strategy and Cost Efficiency
- Streamline Vendor Collaboration
- Improve Cost Management
- Simplify Procurement Workflows
- Build Resiliency in Supplier Networks
- Make smart purchasing decisions
Plan with Confidence and Agility
- Perform Continuous Planning in Near-Real Time
- Improve Demand Forecasting
- Eliminate Stockout Situations
- Optimize Inventory Allocations
- Collaborate in Real Time
Produce with Innovation and Sustainability
- Create a Connected Factory
- Innovate with Intelligent Manufacturing
- Enhance Visibility of the Production Floor
- Keep Production Running Continuously
- Transform Your Workforce
Deliver with Consistency and Expediency
- Deliver on Customer Promises
- Maintain Customer Loyalty
- Unify Warehousing Data
- Implement Resiliency in Warehousing Operations
- Increase Throughput
- Coordinate Loading-Dock Schedules
Operate with Precision and Foresight
- Reduce Costly Machine Downtime
- Improve Overall Equipment Effectiveness (OEE)
- Synchronize Maintenance and Production Scheduling
- Enhance Inventory Accuracy
Financial Management Capabilities
- Manages the core financial records of the organization, including chart of accounts, financial periods, and multi-currency support.
- Handles vendor relationships, purchase order processing, invoice matching, and payment processing.
- Manages customer accounts, sales orders, invoicing, credit and collections, and payment reconciliation.
- Oversees bank accounts, cash flow forecasting, electronic banking, and bank statement reconciliation.
- Tracks asset acquisition, depreciation, transfer, disposal, and revaluation.
- Facilitates budget planning, control, multi-year tracking, and forecasting.
- Generates financial statements, provides real-time insights, and ensures regulatory compliance.
- Supports automated financial consolidations to streamline month-end and year-end processes.
- Ensures a fast and agile financial close process to improve operational efficiency.
Project Management Accounting Capabilities
- Supports project creation, resource allocation, budgeting, and scheduling.
- Manages timesheets, expenses, procurement, and project progress tracking.
- Handles various billing methods and ensures compliance with revenue recognition standards.
- Tracks project costs, profitability, budget adherence, and cash flow forecasting.
- Facilitates collaboration through integration with Microsoft Project, Teams, and other D365 modules.
- Provides project performance dashboards, KPIs, customizable reports, and AI-driven analytics for data-driven decision making.
- Enables business process automation for improved project execution and management.
Client Benefits
- Global scalability: Respond quickly to enhanced growth with an organization or new company.
- Unified and Centralized Data: Having data native to one system allows users to stay connected and access the data pertinent to their role or function.
- Eliminate Peripheral Systems, Reduce Cost: Reduce or eliminate service and support fees by having internal teams manage the solution.
- Future-ready ERP: Stay ahead of market changes with a system that evolves with your business.
- Global business operations: Manage complex, cross-border activities with ease through unified, integrated business processes.
- Power Platform Integration: Achieve seamless Power BI integration along with other Microsoft solutions to enhance reporting and gain deeper insights into your business operations.
Client Case Studies
Transform your Finance & Operations with efficiency
As a trusted Microsoft Dynamics 365 partner, Covenant Technology Partners specializes in delivering D365 F&O solutions that drive operational efficiency and success. With seamless Power Platform integration and secure cloud solutions, you’ll have the tools to stay agile and competitive in a rapidly evolving market. Our certified experts offer personalized consulting services to help you harness the power of D365 Finance and Operations, unlocking its potential for automated workflows, cost management optimization, and compliance and risk management. Whether you need support for financial management, inventory management solutions, streamlined tax reporting, or multi-currency support, our team is here to guide you every step of the way.
Dynamics 365 Finance & Operations Blogs
Optimize Your Operations: Dynamics 365 Finance & Operations Insights
Get the latest insights on Dynamics 365 Finance and Operations: new AI-powered financial insights, revamped user interface, and more.
How to Avoid Year-End Close Mistakes with D365 F&O Validation Feature
The new Validation Feature is a robust addition to the D365 F&O suite, aimed at simplifying the year-end closing process. This feature allows users to validate financial data before finalizing the year-end close, reducing the risk of errors and ensuring that all transactions and accounts are accurately reconciled.
Improved Vendor Collaboration in D365 Finance and Operations
This month, we are excited to focus on the enhanced vendor collaboration features in Dynamics 365 Finance and Operations (D365FO). Effective vendor collaboration is essential for maintaining strong supplier relationships, streamlining procurement processes, and...
Introducing the Customer Balance Statistics Deletion Job in Dynamics 365 Finance & Operations!
What's new or changed in Dynamics 365 Finance 10.0.40 (June 2024) We are thrilled to announce a new feature in Dynamics 365 Finance & Operations (D365 F&O) designed to help you manage your data more effectively and maintain optimal system performance: the...
Dynamic Cash Flow Management
Dynamic Cash Flow Management is a cutting-edge feature designed to empower organizations with real-time insights and control over their cash flow. By leveraging advanced forecasting algorithms and predictive analytics, Dynamic Cash Flow Management enables...
Introducing: Advanced Cash Management
We understand the critical importance of managing cash flow effectively for businesses of all sizes. That's why we're excited to announce the launch of Advanced Cash Management, a powerful new feature designed to provide you with greater control and visibility over...
Unveiling the Power of Financial Tags in Dynamics 365 F&O
In the ever-evolving landscape of finance and operations, businesses are constantly seeking innovative solutions to streamline their processes and enhance overall efficiency. Microsoft Dynamics 365 Finance and Operations (D365 F&O) stands out as a robust...
Modules in Finance and Operations that can leverage Dynamics Co-Pilot
Dynamics 365 Finance and Operations is a comprehensive enterprise resource planning (ERP) solution. It is designed to help businesses manage and streamline their financial and operational processes. For Future releases Microsoft Designed Co-Pilot to serve all the...
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Want More Information?
Contact us today to discover how our Dynamics Finance and Operations consulting services can help you achieve your financial and operational goals. Whether you need to improve your agile financial close, streamline tax reporting, or optimize your global business operations, Covenant Technology Partners is here to provide the right solutions for your evolving needs.