9 New Features You’ll Love with Dynamics 365 Finance & SCM

July 8, 2020 Greg Williams

With support for Dynamics AX 2012 R3 ending in October 2021, we know a lot of companies are facing a big decision of what to do next. That’s why we’re here to support, listen, advise, and help you during this process.

For many businesses, upgrading from Dynamics AX to Dynamics 365 Finance and Supply Chain Management is a logical step. We’ve already given an overview of the considerable benefits you’ll gain from switching to the Microsoft cloud. In this article, we want to showcase some of the top enhancements and new features AX users get excited about in Dynamics 365 Finance & Supply Chain Management.

There are a lot of major feature improvements already built into Dynamics 365 Finance & Supply Chain Management. The best part is, because automatic updates are a benefit of the Microsoft cloud, you will get continuous enhancements as soon as they are released—and you don’t have to do a thing. 

Now, on to the new features in Dynamics 365 Finance & Supply Chain Management you can look forward to!


1. Asset Management

Optimize the way you manage equipment such as vehicles, shop floor assets, and production line equipment. You’ll enjoy improved features for processes such as equipment downtime reporting, work orders, and more.


2. Retail and Commerce

Dynamics 365 has significantly expanded, modernized, and added new tools to its retail management functionality. Dynamics 365 Commerce provides an end-to-end, multi-channel retail experience with the personalized, seamless experience customers demand.


3. Revenue Recognition

Dynamics 365 Finance and Supply Chain Management offers robust revenue recognition functionality to help you automate recurring revenue tasks. And, because Dynamics 365 Finance & Supply Chain Management includes automatic updates, you can be sure your processes are always up-to-date to comply with the most recent guidelines.


4. Internal Security Controls

Dynamics 365 Finance & Supply Chain Management offers simple, effective tools to reduce your risk of errors or fraud. Security setup tasks such as Segregation of Duties (SODs) are now far easier than they were in Dynamics AX Finance & Supply Chain Management. You’ll be able to quickly and easily create role-based security when you set up a new user.


5. Data Management

Entering, copying, replacing, and connecting data has been streamlined with some excellent tools such as data entities. This makes integrations much easier to build, streamlines implementations, and helps improve the flow of data throughout your organization.


6. Warehouse Scanning App

The warehouse scanning app makes it easy for workers to scan inventory and perform processes directly from their mobile device, with all the information automatically syncing to Dynamics 365 Finance & Supply Chain Management.


7. Enterprise Portal

Because Dynamics 365 Finance & Supply Chain Management is cloud-based, the enterprise portal is simply no longer necessary. As a part of your subscription, your users will have high-performance, secure remote connectivity to business data and processes, anytime, anywhere, from any device.


8. Lifecycle Services Tool and Testing Scripts

The expanded lifecycle services tool makes it easy to stay up-to-date with projects, updates, environments, and more.  Additionally, the testing script process has been enhanced and is now more straightforward and more powerful to help organizations test and add new functionality.


9. Extended Functionality

Western Computer has developed powerful applications for Dynamics 365 Finance & Supply Chain Management to solve common problems, bridge gaps in functionality, and extend your capabilities even further, including:


  • 365CounterSales – provide a connected customer experience across operations and channels with streamlined counter sales functionality.
  • 365ParcelShip – manage all your parcel shipping inside Dynamics 365, shop multiple carriers, and ship items faster and cheaper.
  • 365VendorRebates – track and automate processes to turn manufacturer rebates into a wholesale distribution profit center!


 “365ParcelShip has streamlined the process and reduced our packing and shipping effort by 50% while also maintaining the accuracy of our shipments. It is now 80% easier to manage our Amazon shipments because 365ParcelShip uploads all of the shipment information to Amazon. We are also able to provide proactive detailed tracking information to all of our customers automatically. 365ParcelShip is my favorite feature in Dynamics 365!”

-Steve Hey, Director of IT, Hyland’s Standard Homeopathic


Additionally, Dynamics 365 users have access to the entire Microsoft AppSource Library with hundreds of fully integrated solutions from ISVs to extend the functionality of your ERP and meet the unique needs of your business.


Want to learn about these new features and more?  

Here at Western Computer, we’re passionate about helping current Dynamics AX users turn their upgrade into new opportunities to compete. Not only do we specialize in Dynamics 365 Finance & Supply Chain Management, we also offer expertise across Microsoft’s cloud-based business productivity toolset, including the Microsoft Power Platform. Contact us today to talk to an expert about your business needs or schedule a demo.

About the Author

Greg Williams

As Western Computer's VP of Strategy, Greg Williams is responsible for aligning the company's product and service offerings with customers.

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