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Microsoft Dynamics 365 Finance

Score7.3 out of 10

22 Reviews and Ratings

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What is Microsoft Dynamics 365 Finance?

Microsoft Dynamics 365 Finance is used to automate and modernize global financial operations. The application can monitor performance in real time, predict future outcomes, and support data-driven decisions to drive business growth.

Categories & Use Cases

Key Features

Learn about the best (and worst!) features Microsoft Dynamics 365 Finance has to offer, as determined by TrustRadius' reviewers.
Based on 22 ratings of Microsoft Dynamics 365 Finance's features
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Top Performing Features

  • Multi-currency support

    The software supports transactions across multiple currencies.

    Category average: 7.6

  • Multi-division support

    The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.

    Category average: 8.1

  • Self-service portal

    The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.

    Category average: 7.5

Areas for Improvement

  • End-to-end order visibility

    Get updates on orders, inventory, shipments, planned supply, and invoices, and improve the quality of decisions through in-context analytics

    Category average: 7.9

  • API for custom integration

    An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.

    Category average: 7.7

  • Configurable Accounting

    Configure accounting rules and segments for each chart of accounts

    Category average: 8.1

Reviews

What users are saying about Microsoft Dynamics 365 Finance.
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Microsoft Dynamics 365 Finance - great if you are complex but not if agile

Incentivized
Chris StudebakerView profile
Technical Architect in Engineering at Enavate (201-500 employees employees)

Use Cases and Deployment Scope

Our company uses Microsoft Dynamics 365 Finance (F&O) for project management, time entry, and billing for all the consultants in our Microsoft Dynamics implementation business. Our company spans three countries, US, Canada, and Ukraine. The data entry is entirely in F&O, and there has been significant work to form a synchronization between F&O and DevOps where our development and documentation reside for projects. This process was long and arduous, with many hurdles and it took about two years to complete.

Pros

  • Financial reporting
  • Multi-company consolidation
  • Hub and spoke setup
  • Web-based access

Cons

  • Flexibility in configuration
  • Project management tracking
  • Interoperability with external systems
  • Ease of customization

Return on Investment

  • Because F&O is not very nimble, we are looking to reimplement
  • The lack of interoperability has hindered our ability to use external tools to supplement shortcomings of the product
  • The inflexibility has lead to great frustration from team leads

Usability

Alternatives Considered

Microsoft Dynamics 365 Business Central

Other Software Used

Microsoft 365, Microsoft Dynamics 365 Business Central, Azure DevOps Server

Microsoft Dynamics 365 Finance is worth the time and money.

Incentivized
Verified User
Consultant in Information Technology (201-500 employees employees)

Use Cases and Deployment Scope

I am a technical consultant for clients with Microsoft Dynamics 365 Finance, and I help maintain environments and deploy code or refresh DBs, etc. MS has done a great job making the service updates easy to apply, and the reliability is outstanding. It's just such a huge product that's both extremely well thought out and intricate.

Pros

  • Full range of customization options
  • Documentation
  • Cross platform analytics with use of

Cons

  • More clarity on features going away
  • New feature showcases
  • Demonstrations for how things were intended to be used

Other Software Used

Tableau CRM, Trimble Fleet Mobility, Microsoft Power BI, Microsoft Visual Studio Code, Microsoft SQL Server, Microsoft Excel, Microsoft Access, SAP Crystal, IBM Db2 Big SQL, TruckMate, Microsoft Power Automate

Usability