What is Dynaimcs 365 Finance & Operations

Dynamics 365 Finance & Operations is a cloud-based Enterprise Resource Planning (ERP) system well-suited for large or diversified companies. It offers you the ability to keep track of all your finances and inventory.

Even though most customers, commentators, and consultants still call it Finance & Operations, Microsoft now technically licenses it as 2 different apps:

·     Dynamics 365 Finance: Includes budgeting, project management, financials, and accounting for large, international companies.

·    Dynamics 365 Supply Chain Management: Includes engineering, manufacturing, warehousing, and distribution.

It’s still a single implementation. The 2-app licensing just means that you choose whether your individual users have access to one or both apps, depending on your business processes.

Dynamics 365 is often compared with AX 2012. The reason is that D365 is an updated version of Ax2012. 

 

Difference Between AX 2012 and Dynamics 365?

Although both of these are ERP Solutions, the main transition started with moving AX 2012 into the cloud.

The main differences between these two solutions are listed below;

Infrastructure

AX 2012 is an on premise Software; user has a real time access to their production databases on the other hand, D365 has a cloud based infrastructure and user has to request a copy of their production databases from Microsoft.

Custom Development

In AX 2012, custom development can be applied using over- layering method i.e. this allows the core product, customer code and any value-added reseller (VAR) code to be separated from each other in different layers and due to which compatibility issues arise and developers must adjust their code before deploying. On the other hand, In D365, extensibility model is used, this means the core code of the ERP system is locked down, not allowing any customizations. Developers must customize the software through built-in extension points.