AI智能总结
The Next Frontier forFinance: ExtendingMicrosoft Dynamics365 Business Central Thousands of companies useMicrosoft Dynamics 365 BusinessCentral (D365BC) to bring theirfinances and operations together.The product offers structure andaccuracy through centralizedaccounting, consistent reporting, and and meeting ever-shifting compliancerules. While D365BC provides a solid This report explores the wayforward-looking organizationsare preparing to meet these starting point, two critical finance-relatedcapabilities beyond the standard feature setare evolving quickly to meet these needs: The foundations, strengths, andlimitationsof modern ERP These functional areas allow organizations tobridge the gaps between invoicing, collections,and reconciliation, helping to speed up cash •Why AR automation and cross-borderpayments continue to challenge2 •The strengths of D365BC – andits limitations3 •How to measure the benefits ofintegrating AR automation and cross-4 •Using finance automation with AIto build a competitive edge5 Over the past decade, financeteams have quietly reinvented theway they work. Digital transformation At the heart of that change formany organizations is MicrosoftDynamics 365 Business Central(D365BC), which gives companiesIntroduction payments, an increase in DSO, and limitedvisibility into cash flow across regions.At the same time, the payments landscape hasgrown more challenging. Customers want real- But what’s expected of finance teams haschanged completely. Closing the booksand producing accurate reports is just thestarting point now. CFOs are expected to think To meet today’s business demands,finance leaders are turning to twoimportant technologies: accounts The problem is, even though ERPs likeD365BC are great at tracking andrecording transactions, they weren’tbuilt to handle the full, fast-moving Together, advanced solutions in these areascan transform D365BC from a simple record-keeping tool into a dynamic financial engine,cutting down manual work, speeding up In a world of increased complexity andperformance demands, the “invoice-to-cash”process, which covers everything from creatingan invoice to receiving and applying payment, This white paper explains how AR automationand cross-border payments enhance D365BC’sstrengths, helping businesses free up cash, The ERPFoundation and They’re great at recording and reconcilingtransactions, but they weren’t built to manage Even with D365BC in place, many financeteams still depend on manual work to handlecollections, follow up with customers, andmatch payments that come in from different For decades, enterprise resource planningsystems have resided at the center of financialoperations. Business Central is a great examplein today’s market as it unifies data, automates The real value of an ERP system is its reliability.It brings structure, consistency, and control tofinance operations. It helps ensure invoices areaccurate, financial reports are consistent, and It’s a problem that tends to worsen as abusiness becomes more successful. Whencompanies grow and move into new markets,they have to deal with more currencies, more The result is what many finance executives nowrefer to as“the ERP gap”: the space betweenwhat their ERP systems capture and whattheir business truly needs to perform. Bridging Today’s finance leaders areexpected to do much more than forecast cash flow spot risks early ensure every receivable turnsinto working capital as quickly Doing that means going beyondwhata traditional ERP can offer. The ARAutomation Accounts receivable is the engine that keepsa business running. It determines how quicklyrevenue turns into cash the company canactually use. But even though it’s so important, Automation changes everything. Withintelligent workflows built into the ARprocess, companies can streamline Automated reminders and digital paymentportals help customers pay on time, whilesmart matching algorithms connect payments In many companies, the AR process still worksthe old-fashioned way:invoices are createdin the ERP, turned into PDFs, and emailed tocustomers. When payments finally come in,sometimes days or weeks later, someone hasto manually match them to the right invoices. If The result ismore consistent processes,faster payments, and improved visibilityintoevery stage of the receivables lifecycle. Insteadof reacting to problems, finance teams can This system works, but it is far from efficient.It wastes resources, causes frustration, andleads to delayed collections. Finance teams The benefits of AR automation go well beyondefficiency. Buyers can see what they owe, viewinvoices online, and pay however they want,without waiting for employees to process the A good example comes from WebPT,a Phoenix-based provider of physicaltherapy practice managementsoftware. The company reduction in outstandingreceivables in the first60 days11% reduction in DSO in thefirst 30-60 days2day We needed to becollecting while wesleep a