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Dynamics 365 Business CentralFeaturedTop Tips

5 things a CFO can do with Business Central #1: Automate your business processes

By January 20, 2021No Comments
5 things a CFO can do with Business Central No1 - Automate Business Processes

Welcome to our new blog series, 5 things a CFO can do with Business Central – that you won’t want to be without.

When we’re talking about Business Central, we often focus on the benefits of The Cloud, or our MVP approach. Those are great, but they don’t talk to some of the things that you’ll be able to do once you’re live with the system.

This Blog Series focuses on some of the significant differences that Business Central can bring to your business, that we know Sage, Xero and QuickBooks don’t provide. I’ve also included some videos to bring these ideas to life, and show exactly how you can start to make use of these features.

I also wanted to focus this series on a particular group of users: the CFOs and FDs of the world. In my experience, the finance team are often the last to get a look in. Processes are improved in sales and production, but not in the office upstairs!

So, here’s a little time over the next few weeks dedicated just to you: the CFO.

#1 AUTOMATE YOUR BUSINESS PROCESSES

This is #1 on my list because it opens up so much potential for your business, and even within your role as CFO. Some of you may know about this already, but the great thing about Dynamics 365 is how connected it is with the Power Platform. We’ll see some other parts of the Power Platform later but one of the coolest is Power Automate (or Flow as some of you may know it). The point of this is to be able to create workflows that hook together systems in a way that creates a seamless experience.

In the finance team, we often see situations where your purchase team might come to you for approval of documents.

This could be a paper document that needs a signature, and you might find yourself with a whole bunch of invoices or reports to sign off every so often. If you’re out the office or working from home at the moment, this might be even tougher – perhaps you now have to print a PDF, sign it, scan it back in and so on.

This is what Power Automate is designed to fix! Whether you set this up yourself, or have one of your team do it, it’s super easy.

Here’s the end result (<1min)

And if you want to dig a little deeper, here’s the whole thing including the setup.

So you can see now how easy this is! That video runs a couple of seconds short of 4 minutes. Just think how much time can be saved creating workflows like that in Business Central. And it doesn’t stop there, there are templates for all kinds of systems, not even just Microsoft ones. Power Automate has connectors for things like Twitter, Slack and SurveyMonkey.

I’d encourage you to reach out to us to find out more about using this, and if you don’t have Business Central already, hopefully this shows you one of the cool things it can do.

Join us next week where we’ll be picking up number 2 on the list!

Cooper Parry IT are Microsoft's Global Partner of the Year 2019