From the Microsoft Dynamics 365 Finance and Supply Chain Management: Pharma expense management; Purchase order; Inventory control; AI in D365 F&O

In this review of the Dynamics 365 Finance and Supply Chain Management blogs:

• Enhancing expense management in the pharmaceutical industry
• Purchase order re-approval
• Control inventory, plan better, and boost profits
• Optimizing your business with AI

Enhancing expense management in the pharmaceutical industry with D365 Finance

On the Logan Consulting blog, Maya VanderWoude wrote that managing expenses well is critical for the pharmaceutical industry because of strict regulations, global operations, and research investments. It helps control costs, follow policies, and ensure employees are reimbursed for various activities, such as clinical trials, conferences, or supplier dealings.

VanderWoude stated that Dynamics 365 Finance provides tools to simplify expense tracking, automate approvals, and improve financial oversight. She explained how pharmaceutical companies can use D365 Finance to manage expenses efficiently while staying compliant with industry rules. In her blog post, she offered detailed information about the key expense management features.

Purchase order re-approval in Dynamics 365 F&O

Writing on the Dynamics 365 ERP Applications in Digital Transformation blog, an author provided information about the purchase order re-approval process in Dynamics 365 Finance and Operations. 

Changes to certain fields on a purchase order can trigger the system to require additional approvals. The author noted that the purchase order workflow is a common control in D365 F&O, especially for SOX-compliant companies. The author stated that its main role is to ensure purchase orders are approved internally before they're processed.

In the blog post, the author looked into whether purchase orders have to go through workflow approval in certain cases, such as firming a planned purchase order and releasing an approved purchase requisition.

How Dynamics 365 F&SCM helps businesses control inventory, plan better, and boost profits

An author from Boyer Associates writing on the ERPSoftwareBlog noted that D365 F&SCM offers a set of tools designed to help businesses manage their inventory effectively so they can boost profits and run operations more smoothly. 

In the blog post, the author provided some details about the various inventory management tools in D365 F&SCM. They then explained the six key elements D365 F&SCM uses to help companies make more accurate demand forecasts, leading to better inventory control and increased profitability.

Optimizing your business with AI in Dynamics 365 Finance and Operations

Writing on the Dynamics Square blog, Mukesh Jha stated that AI in D365 F&O helps businesses work more efficiently by predicting outcomes, automating tasks, cutting costs, and boosting performance. 

In his blog post, Jha looked at the different AI tools in D365 F&O and explained how they're changing the way finance and operations work.

Before doing that, Jha wrote about some important data and facts about Microsoft Copilot in D365 F&O. He then offered a brief overview of AI in D365 F&O and provided information about Microsoft Copilot. Jha also discussed the impact and potential benefits of these tools.