Startups need integrated CRM and ERP solutions to work efficiently and maintain their operations. The cloud based Microsoft Dynamic 365 FO comes with various modules which offer high-utility features for startups.
Two specific modules which may add high-value to startups include:
Accounts Receivable and Payables
Accounts management remains a challenge for startups with limited experts. Some of the features of Microsoft Dynamic 365’s Account Receivable and Payable module includes; Create and manage customers, terms and contact, address detail, create sales estimates, sales orders and confirmations, Manage customer & prospect leads and opportunities, Creation of sales invoices and account statements, Manage collective activity and account cases of customers, Use of key reports and Charts for AR based information, Manage vendors, terms, contacts & contact details, Manage trade agreements and rebate plans, Create purchase requisitions, purchase orders & confirmations, Manage workflow approvals, Receive purchased goods into inventory, Create returns and cases for problems, Core module reports and Charts & Graphs.
Tax
Tax management remains another challenging task for startups with limited expert resources. Microsoft Dynamic 365’s Tax Management Module enable users to; create & manage tax authorities and tax tables by authority, and Create tax reports for submission