GLOSSARY: What does digitalization in accounting look like with Microsoft tools?

digitalisation in accounting
Published: 2. 9. 2023
Digitalization in accounting with MS D365 Finance brings many advantages to the company. Forget the hassle of manually processing accounting records. With Blue Dynamic and Microsoft tools, you can achieve a new level of efficiency and accuracy in your accounting. Process automation, error reduction and cost savings are just a few of the benefits.

Enter a new era of accounting management by combining modern Microsoft tools with the digitalization process. Introducing a revolutionary way to make your financial flows more efficient and accurate. Digitization in accounting s Microsoft tools Helps with automation of routine tasks, data analysis and insight into your business.

Microsoft Dynamics 365 Finance: digitalization in accounting and its benefits

From billing automation to data analysis for future strategies, everything is under control with Microsoft tools. Microsoft Dynamics 365 Finance is comprehensive ERP systemwhich is designed to automate and optimise corporate financial processes. By offering a wide range of features and tools, it facilitates the management of finances, accounting and other financial operations.

How does Microsoft Dynamics 365 Finance contribute to the digitalisation of accounting?

  • Process automation: Dynamics 365 Finance allows you to automate many routine accounting processes such as invoicing, creating accounting records, managing expenses and revenue, and more. This reduces the need for manual intervention and minimizes errors.
  • Central data management: The system enables centralized management of accounting data. This means that all users work with up-to-date and consistent data. This increases the accuracy and reliability of the information.
  • Data sharing and collaboration: Dynamics 365 Finance enables real-time sharing of accounting data and documents between different departments and teams.
  • Evaluation and analysis: The system offers advanced tools for analyzing financial data and performance. Users can create various reports and dashboards.
  • Cash flow management: Dynamics 365 Finance allows you to track cash flow, manage payments and invoices. This is key to maintaining the financial stability of the company.
  • Inventory Management: The system can help with inventory optimization and tracking inventory-related costs.
  • Compliance with regulations and legal requirements: Dynamics 365 Finance is designed with compliance with accounting standards and regulations in mind. This can assist businesses in meeting legal requirements and audits.
  • Cloud and mobile availability: The system is available in the cloud, allowing access to data and functions from anywhere, anytime. Mobile apps allow you to manage your finances on the go.

Forget the hassle of manually processing accounting records. With Blue Dynamic and Microsoft tools, you can achieve new levels of efficiency and accuracy in accounting.

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Štěpán Kněžek

Sales Manager
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+420 607 032 908

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eGor KoValev

Account Manager
egor.kovalev@bluedynamic.cz
+420 720 953 784

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