What does digitization and electronization of accounting look like with Microsoft Dynamics 365 Financiën? The process to modernize your accounting can involve several steps that transform traditional accounting processes into digital form.
Digitalization with Microsoft Dynamics 365 Finance
Each organization may have its own specific requirements and goals in digitize accounting with Microsoft Dynamics 365 Finance. It is important to plan carefully and move gradually to get the most out of the new digital infrastructure.
What will digitalization and electronization of accounting bring with MS D365 Finance?
- Planning and analysis —identifying current accounting processes and weaknesses, setting goals and benefits of digitalization for your business, evaluating available technologies and selecting appropriate tools
- Selecting and Deploying Microsoft Dynamics 365 Finance — choosing the right plan and configuration Dynamics 365 Financiën according to the needs of your business, deploying the system and adapting it to specific accounting processes
- Data Integration — transfer of existing accounting data to Dynamics 365 Finance, linking the system to other internal and external applications, if necessary
- Automation of tasks — identification of tasks that can be automated (e.g. invoicing, approval processes, cost processing), automation settings
- Electronic invoicing — implementation of electronic invoicing and acceptance of e-invoices from suppliers, integration with external e-invoicing platforms
- Digitalization of documents — scanning and digitizing paper documents such as invoices, contracts and other important documents, storing digital documents in the system for easy access
- Centralized accounting — the introduction of centralised accounting, enabling the monitoring and management of accounting records from different departments and branches
- Report creation and analysis — Create customized reports and dashboards in Microsoft Power BI to track accounting indicators and performance
- Continuous improvement — monitoring the performance of digital accounting and identifying areas for further improvement and optimization
