Microsoft Dynamics 365: Exciting Updates in the 2024 Release Wave 1

 

Microsoft continues to invest in enhancing its suite of applications and technologies, as showcased in the 2024 Release Wave 1 for Dynamics 365 Finance and Supply Chain Management. These updates reflect Microsoft’s commitment to boosting productivity and efficiency for its customers.

 

 

What’s New in Dynamics 365 Finance and Supply Chain Management?

 

Artificial Intelligence and Copilot Integration

 

Microsoft is focusing on improving user experience and leveraging data-powered machine learning to simplify tasks. Here are some key updates:

 

  • Microsoft Copilot for Finance: This feature accelerates finance professionals’ time-to-impact by integrating seamlessly with productivity tools like Microsoft Excel and Outlook. It reduces the need for manual work and maintains financial data integrity.

 

Key Benefits of Copilot for Finance:

 

  • AI-Powered Assistance: Provides comprehensive customer records and insights to support decision-making.

 

  • Seamless Integration: Connects with existing ERP systems to streamline tasks and enhance productivity.

 

  • Data Reconciliation: Automates report creation and offers actionable insights for financial data reconciliation in Excel.

 

 

Additional Features in Dynamics 365 Finance and Supply Chain Management:

 

  • Finance Data Archiving: Moves historic data to archive areas within the application database and Dataverse.

 

  • Petty Cash Handling: Enhanced system processes for specific use cases.

 

  • Mobile Purchase Order Approvals: Allows purchase orders and requisitions to be approved from mobile devices.

 

  • Quality Control for Goods-in-Transit: Aligns with stock and warehouse management processes.

 

  • Returns Processing Improvements: Enables deferral of disposition code selection for better accuracy.

 

  • Warehouse Mobile Device Support: Supports return order entry and receiving processes for flexible working.

 

 

These updates will roll out between April 2024 and September 2024. Note that availability may vary by region.

 

 

Explore More About Dynamics 365 Updates

 

To learn more about the latest features and updates, check out the detailed release plans:

 

 

 

 

Watch the Highlights

 

Discover the new capabilities in Microsoft Dynamics 365 with this short video. It highlights features across Dynamics 365 Finance, Supply Chain, Project Operations, and Human Resources, including Microsoft Copilot.

 

 

If you want to learn more or need assistance with Dynamics 365 Finance and Supply Chain Management, please visit our solution pages or contact us for support.

 

 

By staying updated with these advancements, you can ensure your organization leverages the latest tools for enhanced efficiency and productivity.