The Last ERP Update You'll Ever Need: One Version for Dynamics 365
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Microsoft Dynamics 365 is continually enhanced with new capabilities to enable global businesses to accelerate their digital transformation. As Microsoft adds product enhancements and performance improvements at a rapid pace, while optimizing the way in which Microsoft delivers updates. This helps our customers stay current in a consistent, predictable, and seamless manner.
Since the April 2018 release, Dynamics 365 for Finance and Operations utilized an extensions model as the only vehicle for customizing the application. It enabled no-code/low-code extensibility options (via PowerApps and by adding new fields). This made it easier for customers to personalize the application and it paved the way for customers to stay in lockstep with our updates without expensive upgrades.
Microsoft continues to offer programs for early validation during the development cycled Release Validation Program. Microsoft continues to make a preview available for each service update through the Dynamics 365 for Finance and Operations insider program. Moving through each phase of our quality processes, Microsoft continues to examine telemetry to determine if hidden regressions in capability or performance are not present. Along with all of that, we will now offer an additional cycle of servicing to allow us to provide critical fixes to customers on an n-1 update. Please review the Service update availability documentation to learn more about the programs and find the release schedule.
Supporting all customers with a single, up-to-date software version delivers on a key promise of cloud software as a service. As Dynamics 365 customers shift to this model, we are seeing improved up-time and a reduction in the volume of service tickets. At the same time, customers seamlessly gain access to a continuous stream of innovation. Microsoft, the partner ecosystem, and customers are spending less time and resources on upgrading software and focusing more on delivering business value.
With Dynamics 365 for Finance and Operations, you receive continuous, touchless service updates and features instead of doing expensive upgrades every few years.
Here are some new features coming as part of the October 2019 update:
Administrators can create flows to D365 for F&O pages. The ability to trigger and monitor the execution of flows complements recent flow integration with workflow events, tasks and approvals with Microsoft Flow. Improved bi-directional data flow between D365 for F&O and the Common Data Service.Revenue recognition that helps users define revenue prices and schedules for sales.Users can cancel reconciliations in order from the most recent. You don’t know leave to many adjust journals to correct any errors that occurs during the periodic process.
Keep this in mine in regards to One Version Service Updates:Service updates are backward compatible. You can pause One Version updates. Updates contain application and platform changes to financial, reporting and retail functions.There’s very little downtime when updating.How do I update to the latest version?Users can update to the latest version using the tiles on the Environment details page in LCS. After the update is released by Microsoft, the tile will show the latest update. Customers can choose to apply the update on their own by going through the update experience on their sandbox and production environments.
The mission of Dynamics 365 for Finance and Operations is to help enterprises reimagine the speed of doing business by enabling people to make smarter decisions with access to real-time insights and intelligence on nearly any device, anywhere. By providing an evergreen ERP application, Microsoft solutions provide businesses with a competitive advantage in the market to truly innovate and meet ever-changing customer demands. In the next year, Microsoft will continue to focus on the following key priorities:
- Continue to deliver new innovations across the Dynamics 365 for Finance and Operations, and Dynamics 365 for Retail applications.
- Infuse intelligence and analytics into the application business process to drive more value back to the business.
- Continue to offer an array of differentiated deployment choices, from a complete cloud offering to hybrid solutions and Local Business Data (LBD)/on-premises options.
To learn more about why you should upgrade to Microsoft Dynamics 365, watch our on-demand webinar, Your D365 Readiness Checklist: What to Consider Before You Upgrade.