[Music]
How often in your business do you hear the words,
We need to find a way to get this done?
I can imagine with growing frequency.
And you're not the only one.
"Do more with less" seems to be the new mantra of every organization.
In a world where people are usually
the critical resource needed to get that work done,
we know that finding a way to help them achieve more each day
is more important than ever.
Let's take a look at our vision overview that covers the exciting new features
being launched in our finance and service-centric operations offering
with our Dynamics 365 Finance, Project Operations, and Human Resources
workloads for the 2022 Release Wave 2.
We'll see how we're helping your employees achieve more through
automation, enhanced process support, and powerful analytics.
Let's start our journey with our salesperson, Kevin.
His company recently started offering subscription maintenance services
to their customers.
One of his customers is interested in signing up for monthly maintenance
services for their VoIP phone system.
With new enhancements in Dynamics 365 Finance,
he's now able to easily provide them with a subscription quote.
He starts by specifying a billing schedule for the subscription services.
In this case, the customer wants to split the bill across multiple parties.
He quickly chooses those parties and defines the split billing percentage.
The quote is clear and ready to be sent over to his customer in minutes.
Before he sends it,
he wants to understand the impact of signing up for maintenance services
would have on the margins and revenue of this particular customer.
Using the new modernized project quote estimation experiences,
he updates prices, hours and resource attributes.
He's immediately presented with a visualization
of the impact of this new contract.
Quote sent,
he quickly hears back from his customer who's excited to proceed.
[Music]
Next, Prakash, the project manager, creates
a project with all of the tasks, dependencies and dates.
He updates resource assignments and reviews the financial estimates
and project schedule.
Using the new project plan and financial estimates capability,
it's easier than ever for Prakash to create a budget for the project.
When he's done, his manager reviews and approves it.
With the budget in place, the project begins.
Team members can easily report their time on projects with an updated native modern
experience, as well as log expenses using the new modern mobile experience app.
It's so easy to capture this information in the moment, reducing delays
and avoiding inaccuracies when it comes to invoicing.
As invoices come in,
Prakash saves a lot of time improving them
thanks to the new bulk confirm feature.
Cassie, the project accountant, is then able to create timely invoices
for the project based on the subscription invoice schedule on the project contract.
She can also easily recognize revenue on these projects,
thanks to our investments
in subscription based invoicing and revenue recognition on projects,
giving the company real financial clarity on this project.
As the project continues, Prakash starts to experience
unexpected delays due to limited employee bandwidth.
He uses the new negotiating Subcontracts feature
to add contract workers to the team.
With contractors on board,
he quickly offsets the delays and gets the project back on track.
Thankfully, introducing more workers at this stage
doesn't introduce lots of extra work down the line for the Finance team.
As vendor invoices arrive, they're automatically read and processed
using new OCR and vendor invoice automation capabilities.
The AP clerk
can work more efficiently than before, even with an increased invoice load.
[Music]
Over the coming months, it becomes apparent that there is a consistent
shortage of qualified engineers to complete the customer projects.
The team decides it's time to hire more.
June, the practice manager, initiates the hiring process with HR.
As employees are hired,
new automated HR
to resource management integration ensures new hires automatically become available
to project operations as scheduleable resources to the project managers.
This removes unnecessary manual effort, adding them to separate systems
and means employees are off and running in projects faster than ever.
Along with that, improved management and visibility around employee sick
leave and leaves of absence means both the project managers and HR
have a more predictable view
of employee availability and can plan project schedules more accurately.
The HR team knows that ensuring employees are kept up to date about their benefits,
including about open enrollment windows and other benefits related events,
is key to their employee satisfaction.
Using the new tailored benefits notifications feature,
administrators can now send email notifications to their employees
during new hire enrollment, open enrollment, life events,
and more, as well as further email reminders.
Emails can be saved as templates, removing the need to start from scratch
each time.
Alongside that, they have access to all previously sent content,
making it easy to plan future engagement.
With the new inquiry view,
benefits administrators can far more clearly understand
employee benefit selection across their organization.
They can look at many different data pivots, including plan type,
program, bundle, worker, period, and so on.
They can then quickly identify anomalies where benefits haven't been allocated
completely or correctly.
For example, incorrect contribution amounts
that have been chosen by an employee.
They're then able to apply mass actions like bulk confirming employee selections
or send requests for more information to address these issues.
They can be confident
that benefit selections are set up for success across the company.
We've just seen the amazing investments we've been making to ensure
your employees can achieve more than ever before.
To learn more about Dynamics 365 Finance, Project Operations, and Human Resources
2022 Release Wave 2, we encourage you to review the entire Release Notes
and try out the Early Access features for this release as they become available.
Thank you.
[Music]