Financial data are complicated - no one will argue with you about that. And as the business grows, they get more and more complex. Keeping everything in check and staying on top of things is a challenge. But with Microsoft Dynamics 365, you have a tool that helps you to make a system in your financial data, to have a perfect overview and on the basis of perfectly clear and up-to-date outputs to make make informed decisions and accurately predict future developments. You know Dynamics 365 Finance Insights? Let's talk more.
Finance Insights is one of the platform's features Dynamics 365 Finance. If we were to describe what it can do in a nutshell, we could say that it provides clear graphs, reports and predictive information on company performance. It will help you understand what is happening and likely to happen in your corporate finances. With Dynamics 365 Finance Insights, you'll be able to plan better and make decisions with peace of mind. That's pretty shorthand, isn't it? This sophisticated financial management and strategic planning tool based on artificial intelligence deserves better.
Who will benefit most from Dynamics 365 Finance Insights?
Are you a medium or large enterprise? Then you've come to the right place. Whether you're in the food, retail, construction or logistics industries, the benefits of Finance Insights will fall on deaf ears. It doesn't matter the industry - it's a highly flexible and scalable solution that can be easily adapted to different business needs.
The important thing is that you have come to the decision that you need a tool for strategic planning and intelligent financial data management. Whether it's the growing volume of transactions or the desire for deeper and predictive analytics that has driven you to do so, Finance Insights will give you room to grow.
Who in your company will appreciate Finance Insights the most?
- Financial analysts and specialistswho need to understand data and trends in finance to draw relevant conclusions and provide sound evidence for strategic decision-making
- Finance managers and executiveswho need up-to-date and accurate information to plan, manage financial resources and plan for the future
- Company Managementwho appreciate a comprehensive overview to better understand the performance of the organisation and make the right strategic decisions
In what situation would you appreciate a financial management tool like salt?
- Don't you have overview in finance and you're getting lost in the growing volume of transactions?
- You don't have a hand data to help you make decisions and plan - or is it extremely difficult to get them?
- Your current solution not flexible?
- Yours data is currently scattered and the systems and applications used do not understand each other and do not pass information?
- You have access to current financial data complex approach?
Dynamics 365 Finance Insights:
- provided by detailed reports and visualizationsthat outline not only the overall financial situation of the company, but also help to identify key aspects of performance
- allows using predictive analyses anticipate future trends and events
- made possible by filter and customize your analysis and data your specific business needs, so you can use them for very specific business scenarios
- integrates different data sources and helps create a single source of truth so that data is not fragmented and scattered and your team can collaborate effectively
- because it is a cloud-based solution, it allows real-time access to data
AI and reports you actually know
Finance Insights is a modern tool that is based on new trends. It uses data models to make predictions and recommendations based on forces artificial intelligence. In practice, it looks like AI enables predict customer payments based on an analysis of historical invoices and their payments. Artificial intelligence and machine learning will also be applied in budget management and cash flow forecasting.
In order to make the outputs from Finance Insights as simple and clear as possible, the solution places increased emphasis on user-friendly data visualization and reports. Although the visualizations and reports are very detailed, they retain a simplicity that makes data analysis faster and easier to understand.
In response to the ever-increasing need for digitalization of companies and the popularity of cloud solutions, this is also the case cloud technology enabling better availability and connection of data sources.
What are the benefits of Finance Insights?
Much has been said, but let's summarize. The Finance Insights tool within the Dynamics 365 Finance platform allows you to:
- Better strategic decision-making: Thanks to detailed yet clear reports and predictive analysis, you will gain deeper insight into your company's financial situation. You'll be able to make better-informed strategic decisions.
- More effective planning and management: Thanks to the above, plus detailed visualisations, you will have your company's financial situation in the palm of your hand. Accurate information becomes the basis for budget planning, resource allocation and process optimization.
- Improved reactivity and agility: With data in the cloud, you'll have instant access to everything you need at the moment. You'll be able to react flexibly to changes in the market or changes in the company.
- Better understanding of performance: By analyzing data from multiple sources, Dynamics 365 Finance Insights allows you to better understand how your business is performing financially and identify areas for improvement.
- Increased efficiency and competitiveness: By being well-informed and having visibility of financial data, you will be able to manage resources more efficiently and respond better to market needs - needless to say, this is the recipe for increased competitiveness.
How does Finance Insights work?
Dynamics 365 Finance Insights combines AI superpowers, Microsoft Dynamics 365, Dataverse, Azure, Azure Machine Learning, Power BI and more. Analyse historical data and use machine learning algorithms helps the company to predict the development of cash flows and customer payment morale. Let's break down this fine-tuned mix and look at each technology in turn.
- Microsoft Azure is a key platform for cloud services. It ensures high performance, scalability and data security.
- Artificial intelligence algorithms enable the prediction of market trends and company events by identifying patterns in the data.
- Power BI is the perfect tool for data visualization. It is integrated into Dynamics 365 Finance and helps you create interactive reports and visualizations. It is what makes the outputs so user-friendly and easy to understand.
- Azure Machine Learning is the cornerstone for creating and deploying machine learning models and predictive analytics.
- Data warehouses and data linking is necessary to link different data sources and create an integrated data environment for analysis and reporting.
- And speaking of integration, it must be said that the instrument is integrated with the entire Dynamics 365 ecosystem. You will elegantly connect all aspects of your business and be able to create truly comprehensive analyses.
Finance Insights in a nutshell
Finance Insight within the Dynamics 365 Finance platform uses and enables:
- Data visualisation, interactive reports and charts for better understanding of financial results
- Predictive analysis and prediction of future trends and behaviour, to which it uses the capabilities of artificial intelligence
- Integration of data sourcesto connect data from different sources across your business
- Planning and budgeting
- Real-time reporting is the basis for modern business and sound strategic decision-making - with Finance Insights you always have up-to-date data at your fingertips
- Auditability and compliance through transaction monitoring and record keeping with an emphasis on auditability
- Flexibility and personalisation according to the needs of your business
- Cloud solutions for easy data access and management, high security and scalability
Want to know more about Dynamics 365 Finance Insights? No problem. Get in touch with our specialists. Every collaboration is always a search for tailor-made solutions. And when we say "tailored", we mean it literally. We're looking for exactly what resonates with your business needs so that we become not only an IT supplier, but also a strategic partner. V Blue Dynamic We love a challenge and can empathise with our clients' situations. Contact us and let's discuss together how effective IT can help you optimise your business processes.
