Why upgrade from AX to Dynamics 365 Finance and Operations?
Dynamics AX is a popular enterprise resource planning (ERP) software that has been widely used by businesses for several years. However, Microsoft has now released a newer version of the software called Dynamics 365 Finance and Operations, which offers many improvements and advantages over Dynamics AX. Here are some reasons why it’s time to upgrade from Dynamics AX to Dynamics 365 Finance and Operations:
1. Cloud-based Solution: Dynamics 365 Finance and Operations is a cloud-based solution that provides greater flexibility, scalability, and accessibility. With cloud-based solutions, you don’t have to worry about maintaining and updating on-premises hardware and software.
2. Improved User Interface: Dynamics 365 Finance and Operations has a modern and intuitive user interface that is easy to use and navigate. This can improve user productivity and reduce training time.
3. Advanced Reporting and Analytics: Dynamics 365 Finance and Operations comes with built-in reporting and analytics capabilities that allow you to make more informed business decisions. The software provides real-time insights into your business operations, which can help you identify areas for improvement.
4. Integration with Other Microsoft Products: Dynamics 365 Finance and Operations integrates with other Microsoft products such as Office 365, Power BI, and Azure, providing a seamless user experience and better collaboration across different teams and departments.
5. Continuous Updates and Support: With Dynamics 365 Finance and Operations, you will receive continuous updates and support from Microsoft. This means you will always have access to the latest features and functionalities, as well as any necessary security patches and bug fixes.
In summary, upgrading from Dynamics AX to Dynamics 365 Finance and Operations can provide several benefits, including a cloud-based solution, improved user interface, advanced reporting and analytics, integration with other Microsoft products, and continuous updates and support.
1. Functional Enhancements
Few new features and functionalities those were not available in Microsoft Dynamics AX, that are now built-into Dynamics 365 Finance and Operations.
- Advance Warehousing
- Transportation Management
- Mobile Time sheet
- Project Enhancements
- Auto Bank Reconciliation
- Positive Pay
- Enhanced Financial Dimensions
- RFQ (request for quotation)
- Purchase Requisition
- Public Sector
- Azure Dev Ops
- Task Recorder
- Automated Testing Suite
- Global Address Book
- Office 365 Add-in
- Vendor Collaboration Portal
- Retail & POS
- Product Catalogs
- Trade Allowance
There are many more additional functionalities available through App Source, from Microsoft and third-party providers. Of course, the framework exists to build your own in future.
2. Integrated Business Operations
With Dynamics 365, people and processes are all integrated, resulting in a much better experience for your employees and your clients.
Your data and workflow seamlessly moves across all your departments. You get to build your software system according to your business operations, and not have to tweak or twist because of mosaic of systems you may have.
- Project Management
- Customer Service
- Field Service
3. Business Insights
- With Dynamics 365, you can now easily realize the benefits of latest technologies like Artificial Intelligence and Machine Learning, Business Intelligence and Forecasting.
- Leverage the unlimited power of Flow (integration), PowerApps (extensibility) and Power BI (insights), giving your business a real advantage.
4. Web Client
- Modern & Mobile-friendly User Experience
- Dynamics 365 Finance and Operations has a user-friendly interface and is available anywhere, anytime, on any device.
- Savings on the user training and improved user productivity.
5. Microsoft Cloud
Leader in the cloud space.
- Office 365 – Active Directory & Authentication
- Top quality infrastructure maintenance
- Scalability & flexibility
- Consistent Upgrades
- Built-in Disaster Recovery
- Cybersecurity Monitoring & Threat Management
- Intrusion detection & Ongoing Application Penetration testing
6. Cost of Ownership
- Freeing up your infrastructure workforce to work on other projects.
- Cloud model provides more visibility into the operating costs of your solution.
- Huge savings in the total cost of application (infrastructure, application maintenance, software license combined).
7. Support Lifecycle
- Support for Dynamics AX is nearing its end and current users are transitioning to D365 Finance and Operations.
- Software Patches, Application Updates, Security fixes would not be available in time or not at all.
- The Application Support resources and User forums will start drying up.
Our Microsoft certified professionals are ready to guide you through the process, and request a personalized TCO comparison.
About the Author
Sohena Hafiz is the President at Ascent Innovations LLC.
Sohena has extensive experience both in Technical and Functional roles over 22 years delivering customer-centric solutions in Microsoft Dynamics AX and Dynamics 365 Finance & Operations.