Finance
Fully integrated with other functionality inside Microsoft Dynamics AX, such as project finance, logistics, trade, production, fixed assets, and others, the solution can help you register financial data in the ledger in real time, reflecting the business flow and securing fast and accurate financial reporting. Connectivity across modules enables you to trace transactions to their origins, so you can verify and analyze transactions immediately or on demand, to support external or internal audits. You can help ensure critical data is more secure by setting up information access or approval privileges based on job function or other criteria.
You can use Financial Management to execute financial operations from a single corporate database, thereby reducing time-intensive, repetitive administrative tasks and helping your team move from strictly tactical activities to more strategic ones. You can consolidate results online across multiple companies, and a customizable user interface and online Help functionality help deliver low training costs.
Financial Management can give you deeper insight into your financial status and cash flow whenever you need it. You can analyze your liquidity with cash flow forecasts and optimize the way your company manages foreign currencies. With Bank Management in Microsoft Dynamics AX, you can reconcile your accounts, custom-format paper checks, and monitor and report deposits, payments, and balances on bank accounts. You can also use the electronic payment option to import customer payments automatically into your payment journal, or make vendor payments with clear visibility into all your accounts so you can manage your cash flow more effectively.
Use financial dimensions to deepen your analysis capabilities without complicating your chart of accounts. Define and work with multiple financial dimensions to better break financial data into categories for more detailed analysis. For example, you can analyze and measure financial data across cost centers, departments, regions, products lines, or other dimensions that you can create and customize.
With Financial Management, you can generate financial reports with flexible, advanced reporting tools that offer multiple import and export options, including XBRL and hard copy. You can map your charts of account and dimensions into reporting structures that match your business model, or you can aggregate figures into a framework for strategic analysis.
Financial Management can also help you analyze actual results against multiple budget assumptions to deal with dynamic market conditions where a single, fixed budget for the fiscal year is not realistic.
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Target Markets
Business processes