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Financial management in Microsoft Dynamics AX includes integrated financial capabilities that can help you perform key business processes for accounting, financial reporting, performance management, compliance and corporate governance.

MICROSOFT DYNAMICS AX FINANCIAL MANAGEMENT

Manage your financial operations effectively with a comprehensive view of financial data across your organization and flexible processes that adapt to the way your business works.

With access to real-time information across your organization, easy-to-use inquiry tools, and powerful analysis and reporting capabilities, Financial Management in Microsoft Dynamics AX can help you handle revenue, payables, receivables, and cash flow efficiently—so you can gain insight into financial performance, plan strategically, and make confident, informed decisions.

Your financial team can work faster and smarter with specialized Role Centers that present relevant tasks and information in a personalized view. With out-of-the-box access to activity stacks, charts, and alerts, the CFO can monitor business performance and trends, and optimize processes. For example, the CFO Role Center includes a link to the online finance community, in addition to RoleTailored reports, predefined data cubes, and integrated analysis and forecasting tools. Financial staff can drill down quickly into relevant accounting processes and create custom workflows, such as automated approvals for selected financial journals, with the ability to view work list items in their Role Centers.

BENEFITS OF MICROSOFT DYNAMICS AX FINANCIAL MANAGEMENT:

  • Gain insight into your financial operations. Improve strategic planning with 360-degree views of business performance. Set up and review graphical displays and reports and conduct targeted analyses of detailed information to make informed, strategic decisions.

  • Measure economic performance across operations. Understand your business costs with allocation schemes that match your business model, and plan and calculate future costs based on budgets and forecasts.

  • Expand your business across borders. Standardize business processes across the global organization and manage exchange rate adjustments with multilanguage and multicurrency support, while meeting accounting requirements in different countries.

  • Simplify efforts to meet regulatory compliance commitments. Help reduce the time and effort needed to enhance internal controls, support audit requirements, and manage regulatory reporting that addresses compliance requirements.

MICROSOFT DYNAMICS AX FINANCIAL MANAGEMENT FEATURES:

  • General Ledger
  • Accounts Payable
  • Accounts Receivable
  • Role Centers
  • Invoice and Billing
  • Global Risk and Compliance
  • Budgeting, Planning, and Forecasting
  • Bank Management
  • Fixed Asset Management
  • ... and more!

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Contact Merit Solutions for any of your Microsoft Dynamics AX Consulting and Development needs!


CUSTOMER QUOTES

"Since implementing Microsoft Dynamics AX, we are closing the books better, faster, and with higher control – with less staff. It used to take us 30 days to close our books; we have now gotten this number down to 12 days and are continuing to move it closer. This absolutely would not have been possible without Microsoft Dynamics AX."

- Roger Mills, Executive VP of Finance
Trading Technologies International, Inc.

CASE STUDY

Trading Technologies OPTIMIZE PROCESSES and TRANSFORMS THEIR BUSINESS with Microsoft Dynamics AX

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WHITE PAPER

DYNAMICS AX 2012: A NEW GENERATION in ERP

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