Enterprise resource planning (ERP) platforms were designed to help integrate the fragmented processes that comprise the operation of a large enterprise. But the way we do business keeps fundamentally changing. New business models disrupt the way companies sell products and services, blurring industry lines and transforming customer experiences.

Business complexity continues to intensify, and the rise of data as a driver of business—plus the attendant proliferation of data streams—means reaping the full promise of comprehensive ERP platforms can still be elusive.

In fact, according to a Gartner® Research report, “by 2027, less than 30% of customers who adopted new solutions from ERP platform mega-vendors will have proven their original adoption business case.”¹

The arrival of generative AI brings hope of renewed promise. AI is elevating performance and creating advantages for those who understand how to apply it to data-centric systems like ERP platforms. By 2027, according to the same Gartner report, at least 50 percent of ERP systems with AI-enabled features will be enabled through generative AI capabilities.¹

People often think of generative AI as a tool to automate routine tasks, but its capabilities are so much broader. Improved decision-making is an area where AI becomes a valuable tool. In fact, a report from the market research firm IDC found that, by mid-2024, 30% of global organizations will take advantage of human-like interfaces in their enterprise applications to gain more insights quickly, improving decision velocity.²

While AI can inform and enhance any number of operations across an enterprise, it’s worth looking at some specific processes in detail to see how much AI can elevate ERP solutions. Learn more about current trends in ERP platform modernization in the age of generative AI in this webinar.

How AI creates a better plan-to-produce process

Most manufacturing firms implement a plan for how they will schedule production runs to meet materials capacity, deliver quality products on time, and maintain cost-effectiveness.

Sometimes, though, this plan-to-produce process becomes an accretion of good ideas at the time, a fragmented assemblage of tools and strategies trying to work together to paint the big picture of what’s happening on the production floor. This can lead to quality control issues, and manpower and equipment shortages that fail to meet production surges, or inaccurate forecasts that waste resources or leave customers high and dry—among other issues.

Generative AI integrated with a robust ERP system can aggregate data from across an enterprise—even data residing in multiple clouds—in real time, so managers have a clear picture of the state of play at any given moment, allowing them to reduce lead times necessary to plan or alter production runs.

The complicated interdependence of tasks on a manufacturing floor—for example, Part A must be installed before Part B can be attached—is a perfect puzzle for AI to help solve. The predictive analytics capacity of generative AI allows it to better forecast demand and synch production with supplies, and then optimize timing to match resource availability with manpower. AI can also forecast and build scenarios for supply chain disruption or changes in demand.

Whether a manufacturer needs to increase production volume to meet increasing demand or build whole new facilities, AI excels at building scalable networks, finding efficiencies, and reducing costly interventions.

Learn more about how Copilot in Microsoft Dynamics 365 Supply Chain Management and other applications optimize the plan-to-produce process.

Optimizing the procure-to-pay process

Another process most large organizations seek to optimize is the integration of procurement with accounts payable. When you need to spend the money, it’s good to know that you have the money. IDC reports that, by mid-2025, 70% of global businesses will use embedded financing to collect and make payments.²

More than most industries, healthcare organizations must reckon with a complex field of myriad payers, purchasers, and suppliers. Healthcare organizations face layers of challenging regulatory compliance and the need to control ever-rising costs. Many organizations in this field still rely on antiquated, paper-based invoicing and payables.

Fragmented processes and siloed data make regulatory issues more fraught, while also increasing attack surfaces to create security risks. AI can remove complexities by integrating processes in one ERP platform, helping to reduce vulnerabilities. By mapping operations to standards, AI supports compliance efforts, efficiently creating the audit trails and tedious reports that often take staff hours to produce.

AI streamlines procurement, reducing the potential for human error present when ordering supplies and equipment from a diverse range of providers. It tracks expenses to help control costs, providing easily accessible price information about competing products and services so the organization can continually find cost efficiencies.

An ERP solution enhanced with AI allows planners to automate the maintenance of inventory with both real-time and predictive information, reducing the risk of stockouts or overstock situations and more effectively communicating with suppliers.

Quicker quote-to-cash with personalization and automation

AI integrates and improves the sales, finance, and supply elements of an ERP platform by increasing automation in negotiations, contract lifecycles, production, order management, billing, and delivery. For businesses with retail components, making the quote-to-cash cycle faster and more accurate creates efficiencies—which can help keep customers happier.

Automating price and quote information speeds up the resolution of even highly complex deals. The same is true once a quote is accepted—an accurate, automatically generated proposal follows immediately. AI-generated purchase orders and invoices free sellers to spend more time interacting with customers and accounting teams to focus on tasks that increase the organization’s productivity.

AI’s predictive analytics ensure on-time delivery of products but also allow firms to quickly identify current and future trends and make data-driven decisions about ordering and pricing. Automating invoicing tracks payments accurately and creates a real-time picture of cash flow. AI can continually improve cash flow forecasts by comparing projections with results and adjusting from the outcomes over time. And analytics enabled by AI offer suggestions for improving sales performance and strategic decisions.

Learn more about how Copilot for Microsoft Dynamics 365 Finance optimizes the quote-to-cash and other retail business processes.

Get more from your business data with AI-enabled ERP processes

Across the organization, optimizing finance and supply chains can create a connected enterprise that allows enterprises to infuse AI, automation, and analytics into ERP processes. Today, companies can confidently move to the cloud with AI-powered ERP solutions, modernize business processes, and unlock the agility needed to lead the way in today’s rapidly evolving marketplace. 

A recent Forrester Research study interviewed IT leaders and professionals who had experience using Microsoft Dynamics 365 ERP software.³ Forrester aggregated the interviewees’ experiences and combined the results into a single composite organization that has 5,000 employees and generates USD1 billion in annual revenue. Forrester found that, over a three-year period, the value added to the composite included:

• USD1.2 million in increased profitability from real-time visibility and enhanced decision-making.
• USD8.9 million in increased productivity from unified data access, streamlined processes, automated workflows, and other gained efficiencies.
• USD3.9 million in reduced infrastructure and IT operations spend from cloud migration.
• USD8.9 million in productivity improvements in finance/accounting, supply chain/logistics, and other personnel.

The study estimated a net present value of USD8.1 million and an ROI of 106%, as well as additional benefits like an improved cybersecurity posture and enhanced employee experiences. The composite organization would pay back its investment in Microsoft Dynamics 365 ERP software in 17 months.

Microsoft Dynamics 365 ERP software

Learn more about the total economic impact of Microsoft Dynamics 365 ERP software

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AI-enabled ERP platforms allow you to protect, connect, and get more from your business data while gaining security. With the right ERP solution, you can scale globally to drive business expansion and environmental, social, and governance (ESG) while ensuring regulatory compliance, supercharging productivity, and realizing the business impacts of generative AI even faster.

Sources

¹ Predicts 2024: ERP Evolves Planning With Automation and AI, Denis Torii, Gartner Research, April 5, 2024

² IDC FutureScape: Worldwide Intelligent ERP 2024 Predictions, doc #US51300923, October 2023

³ The Total Economic Impact™ Of Microsoft Dynamics 365 ERP, Cost Savings And Business Benefits Enabled By Dynamics 365 ERP, a Forrester Total Economic Impact™ Study commissioned By Microsoft, April 2024

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

The post Transforming ERP, and the speed of business, with generative AI appeared first on Microsoft Dynamics 365 Blog.

Enterprise Resource Planning (ERP) is about knowing today the best way to approach tomorrow. It’s about collecting accurate snapshots of various business functions at any point in time, so leaders can make clear, careful decisions that poise the organization to thrive in the future.    

ERP sprang from systems designed to help manufacturers track inventory and raw material procurement. As businesses have become more complex and computing more ubiquitous, ERP platforms have grown into aggregated tech stacks or suites with vertical extensions that track data from supply chain, logistics, asset management, HR, finance, and virtually every aspect of the business. But adding all those facets—and their attendant data streams—to the picture can clutter the frame, hampering the agility of an ERP platform. 

Generative AI helps restore clarity. One of the animating features of AI lies in its ability to process data that lives outside the ERP—all the data an organization can access, in fact—to output efficient, error-free information and insights. AI-enabled ERP systems increase business intelligence by aggregating comprehensive data sets, even data stored in multiple clouds, in seconds, then delivering information from them securely, wherever and whenever they may be needed.  

Today we’ll examine a few of the many ways AI elevates ERP functionality. 

Transform your business

Perform better with AI-powered ERP.

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AI tailored to modern business needs

ERPs began as ways to plan material flow to ensure smooth manufacturing runs. Today’s supply chains remain as vulnerable as ever to price fluctuations, political turmoil, or natural disasters. In many firms, buyers and procurement teams must handle fluctuations and change response in large volumes of purchase orders involving quantities and delivery dates. They frequently have to examine these orders individually and assess risk to plans and downstream processes. 

Now, ERPs can use AI to quickly assess and rank high- and low-impact changes, allowing teams to rapidly take action to address risk. AI-enabled ERPs like Microsoft Dynamics 365 allow users to handle purchase order changes at scale and quickly communicate with internal and external stakeholders.  

Using natural language, an AI-assistant can bring relevant information into communications apps, keeping all parties apprised of, say, unexpected interruptions in supply due to extreme climate events or local market economics—and able to collaborate to find a rapid solution.  

Planners can proactively stress-test supply chains by simply prompting the AI Assistant with “what-if?” scenarios. Risk managers might ask, “If shipping traffic in the Persian Gulf is interrupted, what are our next fastest supply routes for [material] from [country]?” Empowered with AI’s ability to reason over large volumes of data, make connections, and then deliver recommendations in clear natural language, the right ERP system could help provide alternatives for planners to anticipate looming issues and downgrade risk. 

Learn more about Copilot for Microsoft Dynamics 365 Supply Chain Management.

AI enables better project management 

Supply chain may be where ERPs were born, but we’ve come a long way. ERPs now contribute to the run of business across the organization—and AI can make each of these more powerful.  

Whether you call them project managers or not, every organization has people whose job it is to manage projects. The chief obstacles for project managers typically involve completing projects on time and on budget. An AI-enabled ERP can cut the time project managers spend compiling status reports, planning tasks, and running risk assessments.  

Take Microsoft Copilot for Dynamics 365 Project Operations, for instance. With Copilot, creating new project plans—a task that used to take managers hours to research and write—now takes minutes. Managers can type in a simple description of the project, details of the timeline, budget, and staff availability. Then, Copilot generates a plan. Managers can fine-tune as necessary and launch the project. Along the way, Copilot automatically produces real-time status reports in minutes, identifies risks, and suggests mitigation plans—all of which is updated and adjusted on a continuous basis as the project progresses and new data becomes available. 

Learn more about Copilot for Dynamics 365 for Project Operations.

Follow the money: AI streamlines financial processes  

Timely payments, healthy cash flow, accurate credit information, successful collections—all of these functions are important for competitive vigor. All are part of a robust ERP, and all can be optimized by AI.  

At the top of the organization, real-time, comprehensive snapshots of the company’s financial positions enable leadership agility. But at an ongoing, operational level, AI can improve financial assessments for every department as well. By accessing data streams from across the organization—supply chain, HR, sales, accounts payable, service—AI provides financial planners with the ability to make decisions about budgets, operations planning, cash flow forecasting, or workforce provisioning based on more accurate forecasts and outcomes.  

AI can help planners collaboratively align budgets with business strategy and engage predictive analytics to sharpen forecasts. Anywhere within an ERP enhanced visibility is an advantage, AI provides it—and more visibility enables greater agility. AI can, for instance, mine processes to help optimize operations and find anomalies the human eye might fail to catch.  

An AI-enabled ERP system also elevates the business by closing talent gaps across the organization.  

Learn more about Microsoft Dynamics 365 ERP.

The future of smarter: Finding new workflows with generative AI  

These are just a few of the ways AI eases current workflows. The untapped strength of AI in an ERP lies in companies finding new workflows enabled by AI that add value—like predictive maintenance algorithms for machines on a factory floor, or recommendation engines to find new suppliers or partners, or modules that aid in new product design enhanced by customer feedback. 

The future rarely looks simpler than the past. When faced with increasing complexity, a common human adaptation is to compartmentalize, pack information into silos that we can shuffle around in our minds. In a business context, ERP platforms were conceived to integrate those silos with software, so people can manage the individual streams of information the way a conductor brings the pieces of a symphony together, each instrument at the right pitch and volume, in the right time.   

Generative AI helps us to do just that, collecting all the potential inputs and presenting them in a relationship to each other. This frees planners to focus on the big picture and how it all comes together, so we can decide which elements to adjust and where it all goes next.   

Learn more about Microsoft Copilot in Dynamics 365.

Using generative AI responsibly is critical to the continued acceptance of the technology and the maximizing of its potential. Microsoft has recently released its Responsible AI Transparency Report for 2024. This report details the criteria for how we build applications responsibly, decide when to release generative applications, support our customer in building responsibly, and learn, grow, and evolve our generative AI offerings.   

The post Generative AI in ERP means more accurate planning across the organization   appeared first on Microsoft Dynamics 365 Blog.

Effective financial reporting is crucial for finance professionals to ensure accuracy, compliance, and strategic decision-making. Financial reports are the backbone of organizational transparency, offering insights that drive timely business decisions. However, managing financial reporting across multiple environments can be a daunting task, often leading to inconsistencies and inefficiencies.

To address these challenges, the latest update to Dynamics 365 Finance introduces the financial reporting add-in, a powerful tool designed to streamline financial reporting processes, enhance data accuracy, and provide comprehensive business insights. With this change, Financial reporting is no longer deployed by default in all environments. 

Comprehensive Yet Configurable and Easy-to-Use Financial Reporting 

The financial reporting add-in for Dynamics 365 Finance offers a robust suite of functionalities and capabilities that make it both powerful and user-friendly: 

• Flexible Report Design: Create custom financial statements tailored to your organization’s needs using a drag-and-drop interface. 

• Real-Time Data Integration: Access real-time financial data, ensuring that reports reflect the latest financial position. 

• Collaboration and Sharing: Easily share reports and collaborate with team members, facilitating efficient communication and decision-making. 

• Secure Access: Ensure sensitive financial information protection by maintaining data security with role-based access controls.

• Get Started Quickly with 22 Reporting Templates: Generate standard financial reports efficiently by using a variety of pre-built templates. This saves time and ensures consistency across your financial data.

These features provide finance professionals with the tools they need to generate accurate and insightful financial reports without the complexity often associated with financial reporting systems. 

Consistent and Efficient Financial Reporting Across Environments 

Financial reporting often involves juggling multiple environments, each with unique configurations and requirements. This can lead to inconsistencies and inefficiencies, especially when moving data between production and sandbox environments. The financial reporting add-in for Dynamics 365 ensures a standardized approach to financial reporting across all environments. This reduces the time and effort required to set up and maintain reporting systems.  

Ensuring Availability Across Existing and New Environments 

For users currently utilizing financial reporting, there will be no changes to your existing environments. The financial reporting add-in remains accessible through lifecycle services (LCS), ensuring seamless access and continuity. The add-in continues to be available within the Dynamics 365 Finance menu, maintaining user familiarity and ease of use. 
 
Users not currently utilizing financial reporting should have received communication about its removal from your LCS environment. (Reinstall via LCS if needed.) The financial reporting menu item will always be accessible within Dynamics Finance. 

Financial reporting is not deployed by default in newly created environments. However, easy installation via LCS is available, if needed. This provides users the flexibility to customize their environment setup based on specific reporting needs. This optional deployment feature empowers users to manage and configure their reporting tools according to their requirements. This in turn streamlines operations and reduces unnecessary pre-installations. 

Streamlined Data Management for Multi-Environment Setups 

For customers managing multiple production and sandbox environments, please note financial reporting may be used in some environments but not others. When moving data, the financial reporting database will only transfer if both the source and target environments have it installed. To ensure smooth transitions, we recommend pre-installing financial reporting in both source and target environments to include it in data migrations. 

This selective deployment capability ensures operational continuity, avoiding disruptions during data migrations and maintaining financial reporting capabilities. The flexibility to tailor environment setups based on specific operational needs, creates a more efficient and effective financial reporting process. 

Enhanced Simplicity and Improved Efficiency 

By integrating the financial reporting add-in for Dynamics 365 Finance, organizations can achieve significant business outcomes. The streamlined financial reporting processes reduce complexity and administrative overhead, leading to enhanced simplicity in managing financial data. Faster setup and maintenance of reporting systems contribute to improved operational efficiency. IT resources are freed up and finance professionals can focus on strategic tasks rather than manual reporting processes. 

Better Financial Insights and Informed Decision-Making 

Consistent and accurate reporting across environments provides reliable data for informed decision-making. The financial reporting add-in provides finance professionals access to precise insights, enabling strategic decisions driving business growth and success. With these enhanced reporting capabilities, organizations can better navigate the complexities of financial management and achieve their business objectives. 

Expanding Regional Availability 

The financial reporting add-in is now generally available. All regions supported by Dynamics 365 Finance will find access to these enhanced capabilities. Organizations worldwide can leverage the benefits of streamlined financial reporting, driving greater efficiency and accuracy in their financial operations. 

Get Started Today!

We believe these improvements will significantly enhance your financial reporting processes. We also believe they will deliver tangible business value and support your strategic financial goals. Visit the financial reporting documentation for more information and installation instructions. 

The post Enhancing and Streamlining Financial Reporting with Dynamics 365 Finance appeared first on Microsoft Dynamics 365 Blog.

On July 16, 2024, we published the 2024 release wave 2 plans for Microsoft Dynamics 365 and Microsoft Power Platform. These plans are a compilation of the new capabilities planned to be released between October 2024 to March 2025. This release introduces a wealth of new features designed to enhance customer understanding and improve overall user experience, showcasing our dedication to driving digital transformation for our customers and partners. 

The upcoming wave is centered around utilizing advanced AI and Microsoft Copilot technologies to enhance user productivity and streamline operations across diverse business applications. These enhancements include intelligent automation, AI-powered insights, and immersive user experiences that are designed to break down barriers between data, insights, and individuals. Watch a summary of the release highlights. 

Discover the latest features that empower organizations to operate more efficiently and adaptively. From AI-driven sales insights and customer service enhancements to predictive analytics in supply chain management and autonomous financial processes, the new capabilities enable businesses to proactively address challenges and capitalize on opportunities. 

Highlights from Dynamics 365 

Dynamics 365 release wave

Check out the 2024 release wave 2 Dynamics 365 and Microsoft Copilot for business features

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Microsoft Dynamics 365 Sales continues to enhance customer understanding and boost sales through data, intelligence, and user-friendly experiences. In this release, we are focused on including natural language copilot for summarizing information, creating a new full-screen Copilot Home with curated insights and role-specific actions, and using AI-powered insights to find leads. Watch this video to discover the new and enhanced features included in this release wave. 

Microsoft Copilot for Sales continues to deliver and enhance cutting-edge generative AI capabilities for sellers by enriching Copilot in Microsoft 365 capabilities with sales-specific workflows, data, and actions. We will focus on using AI-powered insights to create leads, deepen the integration into Copilot in Microsoft 365, and use natural language capabilities to allow sellers to ask data-related questions of their CRM. View this video to learn more about the features releasing in this wave. 

Microsoft Dynamics 365 Customer Service will continue to empower agents to work more efficiently through new copilot capabilities such as proactive prompting, ability to access data from external systems securely with plugins, email enhancements, and AI-infused routing. Watch this video to discover how the latest enhancements to Customer Service can benefit your business. 

Microsoft Copilot for Service is now generally available, bringing new capabilities to enhance user experiences. These features will be integrated across Outlook, Teams, Microsoft 365 Chat, and Copilot embedded in third-party CRMs. View this video about the features launching in this wave for Copilot for Service. 

Microsoft Dynamics 365 Contact Center will add new features for voice, messaging, Copilot, AI-infused routing, and contact center operations including out of box support for additional CRMs. Watch this video to learn about the new features releasing in Dynamics 365 Contact Center this wave. 

Microsoft Dynamics 365 Field Service enables a shift from reactive to proactive and predictive service, empowering digital transformation and innovative business models. Using Copilot, frontline workers will be able to retrieve critical information and initiate mixed-reality remote assist calls within Teams through Copilot. Managers will be able to create, update, and manage work orders effortlessly across web, Outlook, and Teams interfaces. View this video to learn more about the features releasing in this wave. 

Microsoft Dynamics 365 Finance continues its journey of leading in autonomous finance, using AI to transform common end-to-end financial processes. This release focuses on in-app copilot capabilities, immersive persona-based user experiences, expanding country coverage, electronic invoicing enhancements, business performance analytics and planning enhancements, and autonomous reconciliation capabilities. Discover how the latest enhancements to Finance can benefit your business in this video. 

Microsoft Copilot for Finance is expanding data reconciliation capabilities in Excel with assisted data sanitization and preparation routines. Extending variance analysis capabilities with support from additional data sources and enabling collaboration on findings with stakeholders will also be a focus in the upcoming wave. Additionally, the Teams integration will facilitate collections calls with suggested scripts and automated recording of action items in the financial system. Check out this video to see the exciting new features releasing in Microsoft Copilot for Finance.

Microsoft Dynamics 365 Supply Chain Management is advancing along the path of an autonomous supply chain by integrating intelligence, automation, and analytics into every facet of business procedures, thereby improving user productivity and enhancing organizational adaptability. In this update, the spotlight is on improving order-promising capabilities for manufacturers. Demand planning is upgraded to incorporate forecasting with external signals, and the inclusion of Copilot weaves insights and analyses directly into workflows, identifying trends and irregularities, while also allowing for specific data inquiries at the cell level. Additionally, Traceability Copilot keeps track of actual products in production and compiles a comprehensive historical record of related activities. Watch this video to discover the exciting features launching in this release wave. 

Microsoft Dynamics 365 Project Operations is focused on enhancing usability, performance, and scalability in key areas such as project planning, invoicing, time entry, and core transaction processing. The spotlight is on AI-assisted core functionality improvements in estimation, proposal generation, journals, approvals, and contract management, with added mobile capabilities and scale improvements to handle larger projects and invoices at an increased scale. Watch this video to learn about the new features releasing in Project Operations this wave. 

Finance and Operations cross-app capabilities will continue to invest in capabilities applying to Finance, Supply Chain Management, Microsoft Dynamics 365 Commerce, Microsoft Dynamics 365 Human Resources, and Project Operations. We are infusing copilot experiences across applications, including natural language chat, embedded AI, and intelligent process automation, and enabling extensibility for copilot scenarios. We will also bring more value and insights to finance and operations apps data and enhancements to ensure continued enterprise-grade security and compliance at scale. 

Microsoft Dynamics 365 Human Resources continues to build intelligence, develop automation and analytics around the hire-to-separate process, increase user productivity, and empower business agility. We are enhancing recruiting with AI-driven assessments and offer management, improving experiences for employees and HR business partners in benefits and performance management, and advancing analytics, insights, and planning through business performance planning and analytics capabilities. View this video to learn more about the features releasing in this wave. 

Microsoft Dynamics 365 Commerce is using the power of AI to empower retailers to streamline their operations and drive increased customer loyalty and conversions. With Copilot, retail managers, sales associates, and merchandisers will gain new AI-powered insights into customer buying patterns and preferences, recommendations for positioning and selling products, and business intelligence on store performance. Improvements to the self-checkout POS make customer checkouts more efficient, and user experience updates to Store Commerce app streamline daily tasks for faster, more efficient sales and service. Watch this video to see the new features releasing in Microsoft Dynamics 365 Commerce.

Microsoft Dynamics 365 Business Central is focused on maintaining service reliability performance and security standards. We’ll continue enhancing productivity by optimizing core processes with Copilot, expanding to cover more than 170 countries, and offering enhanced reporting with more than 80 Microsoft Power BI reports. Additionally, integration with Field Service will be expanded, along with new financial management features. We will also enhance development tools and governance, along with improved data privacy and compliance management. 

Microsoft Dynamics 365 Remote Assist will bring significant improvements to the quality of Mixed Reality (MR) annotations in Teams mobile for both iOS and Android users. The update will enhance the accuracy of MR ink on irregular and complex surfaces, making it easier for remote experts and technicians to collaborate seamlessly. Mixed Reality annotations in Teams mobile will be generally available in the next wave, along with ongoing investments in stability, performance optimization, and usability improvements across HoloLens 2 and iOS and Android applications. 

Microsoft Dynamics 365 Customer Insights—Data empowers every organization to unify and enhance customer data, leveraging it for insightful analysis and intelligent actions. This release enables you to streamline data integration by using Microsoft Dataverse and Microsoft Fabric, attach your data in OneLake to Customer Insights, accelerate time to insights with data in Data Lake format, increase control when attaching to data in Dataverse, and seamlessly generate insights from marketing. Discover how these latest enhancements can benefit your business in this video. 

Microsoft Dynamics 365 Customer Insights—Journeys brings the power of AI to redefine the workflow for marketers, enabling them to be more productive than ever before. Businesses can optimize every interaction with their customers with end-to-end journeys across departments and channels. With this release, you will have more flexibility and control when it comes to journeys, managing your web forms and tailoring Copilot to your business. Watch this video to learn about the new features releasing in this wave. 

Highlights from Microsoft Power Platform 

Microsoft Power Platform

Check out the 2024 release wave 2 Microsoft Power Platform features

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Watch this video to explore the exciting new features releasing across Microsoft Power Platform. 

Microsoft Power Apps will continue to transform app experiences with infused intelligence, enabling users to be more productive by using Copilot to work with data, get insights, and improve their apps. Makers will continue to benefit from AI-assisted development, enabling rich and complex applications to be built with monitoring, control, and unmatched governance for admins, ensuring organizations can adopt low-code and AI transformation at scale. 

Microsoft Power Pages will expedite site building for a low-code maker or pro developer to build intelligent sites that reimagine the way you interact with your employees, customers, and partners. 

Microsoft Power Automate will continue to make it easier to build flows by using natural language and multi-modal generative AI capabilities across cloud flows and desktop flows, troubleshooting runs, and managing your automation estate with an end-to-end view. This, along with improvements in process mining to jumpstart creation of automation through Microsoft 365 integration and ongoing improvements to scaling, means it’ll be easier than ever for new users to get started and scale. 

Microsoft Copilot Studio is advancing copilot capabilities and IVR support with Customer Service and will expand geographically to the United Arab Emirates and Germany. Additionally, the team is improving software lifecycle management capabilities with topic-level import/export and role-based access control (RBAC), as well as enhancing governance and administration functionalities. 

AI Builder is investing in Prompt Builder for creating and deploying GPT prompts with enterprise data to enhance flows, apps, data tables, and copilots. We are also enhancing Intelligent Document Processing with a new validation station in Power Automate, application lifestyle management (ALM) support, and pre-built AI models for translation, classification, and personally identifiable information (PII) detection. Lastly, we’ll improve AI governance through capacity management, data policies, and including AI Builder capacity in the Power Apps developer plan. 

Microsoft Dataverse is enhancing the maker experience by boosting app building productivity with Copilot, ensuring seamless connectivity to external data and knowledge sources, and integrating AI-powered Enterprise Copilot in Microsoft 365. These investments aim to streamline development and use AI for more efficient and intelligent solutions. 

Governance and administration continues to advance via tools and insights that empower Microsoft Power Platform admin to easily get their job done. This wave focuses on governing Copilot adoption and easily securing low-code assets, helping enterprises boost adoption of Microsoft Power Platform solutions in their organization while keeping their digital environment safe. 

Early access period 

Starting July 29, 2024, customers and partners can validate the latest features in a non-production environment. These updates include user experience enhancements that will be automatically enabled in production environments by October 2024. Take advantage of the early access period to test these updates and effectively plan for your customer rollout. Explore the 2024 release wave 2 early access features for Dynamics 365 and Microsoft Power Platform or visit the early access FAQ page for more information. 

For a complete list of new capabilities, please refer to the Dynamics 365 2024 release wave 2 plan and the Microsoft Power Platform 2024 release wave 2 plan. We also encourage you to share your feedback in the community forums for Dynamics 365 or Microsoft Power Platform. 

The post 2024 release wave 2 plans for Microsoft Dynamics 365 and Microsoft Power Platform now available  appeared first on Microsoft Dynamics 365 Blog.

As enterprises are asked to manage increasingly complex business processes and data environments, context-aware AI summarization by Copilot in Microsoft Dynamics 365 streamlines operations by synthesizing data from multiple sources across Supply Chain Management, Finance, Commerce, and Human Resources. By delivering clear, actionable insights from ERP data, this generative AI feature eliminates context-switching and allows users to make better decisions faster.

Transformative AI summarization in Dynamics 365

Copilot generative AI features are revolutionizing the user experience in Supply Chain Management, Finance, Commerce, and Human Resources. Insights that used to require literally dozens of clicks, searches, and views in multiple windows—and a lot of deep thinking about complex data—are now presented to the right user, at the right time, automatically. Let’s take a closer look at how Copilot aggregates data from multiple sources and displays it in easily digestible and context-aware summaries.

Vendor summary streamlines understanding of vendor performance and financials

What do we mean by “context-aware”? One meaning is that Copilot summarizes data based on the user’s role to deliver real-time, role-specific insights. Take the vendor summary, for example. Traditionally, procurement managers had to navigate multiple forms to understand vendor performance. Copilot summaries streamline these insights by providing quick access to crucial information, such as active contracts, purchase orders, late deliveries, and overdue payments. For accounts payable teams, however, the vendor summary presents essential financial details about a vendor. For both roles, the vendor summary enables faster, data-driven decisions for better vendor interactions.

Sales order and purchase order summaries pinpoint critical items in open orders

Another perspective on “context-aware” is AI summarization based on task. Consider purchase and sales orders. Procurement and sales teams often spend significant time following up on open orders. Getting a comprehensive overview or pinpointing lines that need attention can be challenging, because the necessary data is typically spread across multiple forms. Copilot summaries consolidate the information, enabling users to easily identify critical items.

It’s not just about summarizing data, though. AI summarization also facilitates quicker action on next steps. Copilot’s summary includes convenient one-click filtering options, allowing users to swiftly access the information they need to act.

Customer summary streamlines insights by role for more effective customer relationships

When it comes to customer information, “context-aware” refers to everything that creates a relationship between an organization and its customers—information that’s often found in multiple, disparate tables, reports, and modules. Copilot addresses the challenges faced by roles such as accounts receivable agents, sales order agents, and customer account managers, who need comprehensive and role-specific information about customers that’s often scattered across multiple systems. For example, while accounts receivable teams need quick access to open invoices, sales order teams require details on open orders and shipments. Copilot consolidates all relevant data into a single, context-aware summary that’s specific to each role, allowing agents and account managers to tailor their interactions with customers, strengthen relationships, and enhance operational efficiency.

Warehouse worker home screen brings warehouse teams up to speed quickly

“Context-aware” can also refer to a user’s surroundings and situation. Warehouse start-of-shift stand-up meetings can miss important updates, and they don’t cover changes that happen throughout the day. Copilot’s dynamic operational summary on the Warehouse Management home screen brings warehouse workers up to speed at the start of their shifts and keeps them on top of the situation as they go about their day, helping them quickly adapt to changes and ensure daily goals are met.

Workflow history summary streamlines review and approval of invoices and expense reports

AI summarization streamlines examination of workflows by providing a concise overview of recent actions and comments, allowing approvers to quickly act without navigating through separate detail screens. Copilot summaries apply to workflows in Dynamics 365 Supply Chain Management, Finance, Commerce, and Human Resources, aiding review and approval processes and supporting informed decisions for things like vendor invoices, time-off requests, and expense reports.

Product preview summary consolidates product details for quick consumption

Procurement managers typically must navigate multiple forms to gather product details such as name, description, dimensions, hierarchy, life cycle state, and release policy. Copilot consolidates this information and other key product attributes in a single, concise summary, making these details quick and easy to consume.

Product detail summary streamlines inventory management

When a warehouse manager views the product detail page, Copilot’s summary focuses on relevant information that would take multiple clicks to find, such as on-hand inventory levels, purchase information like main vendor, and batch numbers that are expiring soon.

Employee workspace summary makes leave management easier for both HR and employees

An organization’s success relies on both employees and customers. Effective time-off management is crucial for employees to make informed decisions and for the organization to optimize time-off utilization and manage financial liabilities from unused leave. Time-off information is scattered across multiple screens in the employee self-service portal. Copilot consolidates key details like vacation and sick leave balances and potential forfeitures due to policy, and includes a link to submit leave requests, all in one summary view.

Retail statement summary provides insights about risky transactions across multiple stores

Physical stores send cash-and-carry transactions to Dynamics 365 Commerce for inventory and financial updates. The store operations team must ensure proper posting, but identifying pending transactions can be difficult across multiple stores. Summaries of posted and unposted retail statements highlight stores needing attention and flag risky transactions like returns without receipts or price overrides. Brief error summaries for failed statements aid in quick resolution, enhancing store management efficiency.

Merchandise workflow summary streamlines managing product configurations

For retail merchandisers, the challenge lies in managing complex product configurations without errors. Copilot addresses this challenge by streamlining merchandising workflows, offering a clear summary of settings, automating data validation, and providing a risk preview to anticipate issues. Here, context-aware AI summarization enhances efficiency, reduces the risk of lost sales, and drives growth.

More benefits of context-aware AI summarization of ERP data

Beyond the specific benefits we described earlier, Copilot summaries in Dynamics 365 Supply Chain Management, Finance, Commerce, and Human Resources enhance user experience and operational efficiency in multiple ways.

• Enhanced productivity: With key data points automatically summarized, users spend less time analyzing vast datasets and can focus on strategic decision-making and core activities.
• Proactive problem-solving: With real-time summaries, users can anticipate challenges and address them proactively, improving business agility and resilience.
• Improved accuracy and insight: Copilot highlights critical information and trends, reducing the risk of human error in interpreting complex data. Analysis is more accurate and insightful, crucial for effective decision-making.
• Customized user experiences: Each summarization feature is tailored to the specific needs of different roles within an organization, ensuring that every user receives the most relevant and actionable insights.
• Seamless integration: AI features integrate seamlessly into your existing Dynamics 365 framework, providing a smooth user experience without the need for extensive setup or training.
• Scalable decision support: Whether for small tasks or large-scale strategic decisions, Copilot summaries meet the needs of businesses of all sizes, scenarios, and requirements.

These benefits collectively contribute to a more streamlined, efficient, and informed ERP environment, setting the stage for more advanced AI features to come.

Introducing generative AI responsibly

Integrating generative AI into ERP products presents challenges. It requires ensuring that the AI features are reliable and robust enough for mission-critical business settings. It also requires building customer trust in the AI capabilities. Our vision is an autonomous ERP system that automates and optimizes business processes with minimal human intervention. However, this is a journey we’re embarking on together to instill confidence in the results and encourage greater adoption over time.

Our approach is to gradually introduce low-risk AI features that provide immediate benefits and time savings, gather user feedback, and build excitement. This way, we can improve the AI features based on user needs and business operations, laying the foundation for more advanced AI features in the future. We prioritize the safe deployment and continuous improvement of AI features in our ERP suite and are leading the way for responsible and impactful integration of AI in the ERP landscape.

Ensuring the ethical use of AI technology

Microsoft is committed to the ethical deployment of AI technologies. Through our Responsible AI practices, we ensure that all AI-powered features in Dynamics 365 adhere to stringent data privacy laws and ethical AI usage standards, promoting transparency, fairness, and accountability.

Learn more about AI summarization in Dynamics 365

Interested in learning more about the power of AI summarization to transform your business processes with unparalleled efficiency and insight? Here’s how you can dive deeper:

• Watch a brief video demonstrating the new AI summarization feature.
• Read the documentation to understand the specifics of each Copilot summarization feature:
  • AI summaries with Copilot in Supply Chain Management
  • Customer page summary in Finance
  • Enable Copilot statement posting summaries – Commerce | Dynamics 365 | Microsoft Learn
  • Workflow history summary in Finance
  • Employee self service leave summary – Human Resources | Dynamics 365 | Microsoft Learn
• Engage with other Dynamics 365 users in our community forums to learn from their experiences and share your own.

Not yet a Dynamics 365 customer? Take a tour and get a free trial.

The post AI summarization in Dynamics 365 synthesizes and simplifies complex data appeared first on Microsoft Dynamics 365 Blog.

A well-defined data maintenance strategy improves the quality and performance of your database and reduces storage costs. In part one of this series, we covered the roles and responsibilities of your data strategy team, tools for reviewing storage usage, and data management features in Dynamics 365 finance and operations apps that your strategy should include. We recommended that you start your planning by decommissioning unneeded sandbox environments in your tenant. In this post, we focus on creating a data retention strategy for tables as part of your overall storage maintenance strategy.

Create a data retention strategy for tables

After sandbox environments, tables have the greatest impact on total storage volume. Your data maintenance strategy should include a plan for how long to retain the data in specific tables, especially the largest ones—but don’t overlook smaller, easily manageable tables.

Review table storage by data category

In the Power Platform admin center capacity report for the production environment, drill down to the table details.

Identify the largest tables in your production environment. For each one, determine the members of your data strategy team who should be involved and an action based on the table’s data category. The following table provides an example analysis.

Consider whether table data needs to be stored

For each large table, continue your analysis with the following considerations:

• Current business use: Is the data used at all? For instance, was database logging turned on by accident or for a test that’s been completed?
• Retention per environment: Evaluate how long data should be in Dynamics 365 per environment. For instance, your admin might use 30 days of batch history in the production environment to look for trends but would be content with 7 days in a sandbox.
• Data life cycle after Dynamics 365: Can the data be purged? Should it be archived or moved to long-term storage?

With the results of your analysis, your data strategy team can determine a retention strategy for each table.

Implement your data retention strategy

With your data retention strategy in place, you can start implementing the actions you decided on—running standard cleanups, updating retention settings, configuring archive functions, or reaching out to your ISV or customization partner.

Keep in mind that implementing an effective strategy takes time. You need to test the effect of each action in a sandbox environment and coordinate with multiple stakeholders.

As you implement your strategy, here are some best practices to follow:

• Delete or archive data only after all stakeholders have confirmed that it’s no longer required.
• Consider the impact of the data life cycle on customizations, integrations, and reports.
• Choose the date range or the amount of data to target in each cleanup or archive iteration based on the expected duration and performance of the cleanup or archiving routine, as determined by testing in a sandbox.

Need more help?

Creating a data maintenance strategy for Dynamics 365 finance and operations apps is a complex and ongoing task. It requires a thorough analysis and collaboration among different roles and departments. For help or guidance, contact your Microsoft representative for a Dynamics 365 finance and operations storage capacity assessment.

Learn more

Not yet a Dynamics 365 customer? Take a tour and start a free trial.

The post Create a data maintenance strategy for Dynamics 365 finance and operations data (part two) appeared first on Microsoft Dynamics 365 Blog.

Data maintenance—understanding what data needs to be stored where and for how long—can seem like an overwhelming task. Cleanup routines can help, but a good data maintenance strategy will make sure that you’re using your storage effectively and avoiding overages. Data management in Dynamics 365 isn’t a one-size-fits-all solution. Your strategy will depend on your organization’s implementation and unique data footprint. In this post, the first of a two-part series, we describe the tools and features that are available in Dynamics 365 finance and operations apps to help you create an effective storage maintenance plan. Part two focuses on implementing your plan.

Your data maintenance team

Data maintenance is often thought to be the sole responsibility of system admins. However, managing data throughout its life cycle requires collaboration from all stakeholders. Your data maintenance team should include the following roles:

• Business users. It goes without saying that users need data for day-to-day operations. Involving them in your planning helps ensure that removing old business data doesn’t interfere with business processes.
• BI and reporting team. This team comprehends reporting requirements. They can provide insights into what data is essential for operational reports and should be kept in live storage or can be exported to a data warehouse.
• Customization team. Customizations might rely on data that’s targeted by an out-of-the-box cleanup routine. Your customization partner or ISV should test all customizations and integrations before you run a standard cleanup in the production environment.
• Auditors and controllers. Even financial data doesn’t need to be kept indefinitely. The requirements for how long you need to keep posted data differ by region and industry. The controlling team or external auditors can determine when outdated data can be permanently purged.
• Dynamics 365 system admins. Involving your admins in data maintenance planning allows them to schedule cleanup batch jobs during times when they’re least disruptive. They can also turn on and configure new features.
• Microsoft 365 system admins.The finance and operations storage capacity report in the Power Platform admin center is helpful when you’re creating a data maintenance strategy, and these admins have access to it.

Tools for reviewing storage usage

After you assemble your team, the next step is to gather information about the size and footprint of your organization’s finance and operations data using the following tools:

• The finance and operations storage capacity report shows the storage usage and capacity of your Dynamics 365 environments down to the table level.
• Just-in-time database access allows you to access the database of a sandbox environment that has been recently refreshed from production. Depending on the storage actions you have set up or the time since the last database restore, the sandbox might not exactly match the production environment.

Features for managing storage

A comprehensive data maintenance strategy takes advantage of the data management features of Dynamics 365 finance and operations apps. The following features should be part of your plan.

Environment life cycle management is the process of creating, refreshing, and decommissioning sandbox environments according to your testing and development needs. Review your environments’ storage capacity and usage on the Finance and operations page of the capacity report.

Critically assess the environments and their usage and consider decommissioning sandboxes that you no longer need. For instance, if the system is post go-live, can you retire the training environment? Are performance tests less frequent and easier to run in the QA environment when users aren’t testing?

We highly recommend that you don’t skip the sandbox decommissioning discussion. Reducing the number of sandboxes has a far greater effect on total storage usage than any action that targets a specific table.

Cleanup routines are standard or custom functions that automatically delete temporary or obsolete data from the system.

Retention settings schedule automatic cleanup of certain data after a specified length of time. For example, document history includes a parameter that specifies the number of days to retain history. These cleanup routines might run as batch jobs or behind the scenes, invisible to admins.

Archiving functions move historical data to a separate storage location.

Compression routines reduce the size of data in storage. For example, the Compress payment tokens feature applies compression to stored payment property tokens.

Next step

In this post, we covered the roles and responsibilities of your data strategy team, tools for reviewing database storage, and data management features beyond cleanup routines. We suggested that you begin your planning process by reviewing your sandboxes. In part two, we discuss a strategy for specific tables and actions to take.

Learn more

Not yet a Dynamics 365 customer? Take a tour and start a free trial.

The post Create a data maintenance strategy for Dynamics 365 finance and operations data (part one) appeared first on Microsoft Dynamics 365 Blog.

We’re excited to announce a new project onboarding feature is now available in the Dynamics 365 Implementation Portal. The portal makes it easier to deploy Dynamics 365 projects successfully by guiding you from the start of your project to the end, giving you valuable insights and recommendations along the way. All you need to do to get started is create your implementation project in the portal, and the new onboarding wizard makes it easy. Here’s how:

User-friendly interface removes technical barriers. The onboarding wizard’s intuitive and user-friendly interface is designed to make the onboarding process accessible whatever your technical background. It acts as a virtual assistant, walking you through each step of project creation with clear instructions and prompts.

Projects are ready to use immediately. On completion of the onboarding process, your Dynamics 365 implementation project is instantly available, streamlining collaboration and ensuring that stakeholders have swift access to project resources.

Data is protected automatically. If the implementation project targets a tenant other than the one you’re signed in to, the onboarding wizard starts an approval flow. Two reviewers for the targeted tenant must both approve the request before information such as the customer name and telemetry insights are made available. This automatic review process ensures compliance with data protection regulations and builds trust with customers.

Successful Dynamics 365 implementations by design

The Dynamics 365 Implementation Portal is based on Success by Design, a systematic approach for successful cloud deployment that was developed by Microsoft. Success by Design provides prescriptive guidance for designing, building, and deploying your new Dynamics 365 solution. The onboarding wizard represents a pivotal advancement in the journey towards a successful Dynamics 365 implementation. By guiding you through the creation of your implementation projects, facilitating reviews, and offering relevant insights, the Implementation Portal and the onboarding wizard help your business harness the full potential of Dynamics 365 with confidence and efficiency.

Next steps

Sign up for the Dynamics 365 Implementation Portal and read the documentation.

Learn more about the onboarding wizard.

Have feedback or questions about the onboarding wizard or the Implementation Portal? Let us know! Email us at ftd365ip-support@microsoft.com.

Not yet a Dynamics 365 customer? Take a tour and get a free trial.

The post Create Dynamics 365 implementation projects easily with the new onboarding wizard appeared first on Microsoft Dynamics 365 Blog.

Delivering exceptional service is key for building customer preference and loyalty. Today, we’re introducing new capabilities for Microsoft Copilot in Dynamics 365 Field Service that help service managers and technicians efficiently find the information they need to resolve issues right the first time while keeping customers updated at every step of the process. Additionally, with the introduction of Microsoft Dynamics 365 Remote Assist capabilities within Microsoft Teams and seamless data flow across Dynamics 365 Field Service, finance, and operations applications as well as Microsoft 365, we’re helping break down application silos and making it easier to stay in the flow.

Streamlining work order management with next-generation AI

With new capabilities generally available starting today, field service managers can interact with Copilot to find pertinent information about work orders using natural language in the Dynamics 365 Field Service web app. Copilot can assist in retrieving work order details, summarizing them, and presenting them in an easily digestible format. Copilot can also go beyond searching work orders to searching other Microsoft Dataverse records, including accounts, contacts, opportunities, and more. In addition, organizations can now configure the data that Copilot uses to generate work order summaries in Dynamics 365 Field Service to meet their specific business needs.

“The introduction of Copilot in Dynamics 365 Field Service, with its powerful summarization capabilities, is a game-changer. Not only does it benefit our leaders, but it also streamlines internal communications, aids finance, and helps customers stay up to date. By automating this process, we reduce manual work and ensure critical information isn’t overlooked.”

Amit Nene, Business Applications Director, BW Packaging Platform, Barry Wehmiller

With new capabilities generally available starting today in the Dynamics 365 Field Service Outlook add-in, field service managers can go beyond asking Copilot for help creating work orders based on customer emails and scheduling them. They can now also ask Copilot to draft email updates to customers recapping details of scheduled work orders or suggesting next steps for unscheduled work orders.

Boosting technician efficiency with new tools in Teams

With the Dynamics 365 Field Service plugin for Microsoft Copilot now generally available, field service managers and technicians can use natural language chat in the flow of work in Teams to find key information about their work orders and other Dataverse records. Starting today, technicians can also use this experience to ask Copilot to search through lengthy product manuals and find relevant answers to resolve product issues faster.

Should technicians need additional assistance from remote experts to resolve issues, starting today they can access Dynamics 365 Remote Assist capabilities in the flow of work in Teams. As a technician shares what they see through their mobile device’s camera during a video call, the mixed reality tools enable technicians and remote experts to use annotations and arrows to refer to specific parts of a machine. These spatial annotations stay anchored even if the camera moves. Access to Dynamics 365 Remote Assist is available at no additional cost with Dynamics 365 Field Service, and licensed customers can try out Remote Assist’s spatial annotation capabilities available in preview starting today within their Teams mobile app for iOS.

To further streamline collaboration among field service managers, technicians, and remote experts in Teams chats, meetings, or channels, Dynamics 365 Field Service users who have installed the Field Service app in Teams can now share links to work orders that automatically expand to provide key details. This link unfurling capability is generally available starting today.

Introducing efficiencies with more integrated offerings

To help the frontline and back office stay in sync as service deliveries impact financial and inventory systems, the Dynamics 365 Field Service integration with Dynamics 365 finance and operations applications is now generally available. Additionally, for small businesses, seamless financial and inventory data flow between Dynamics 365 Field Service and Microsoft Dynamics 365 Business Central is also now generally available.

Learn more at Hannover Messe 2024

Next week at Hannover Messe 2024, the world’s leading industrial trade fair, organizations across engineering, digital technologies, energy, and more will gather to demonstrate solutions for high performance, sustainable industries. The Microsoft Dynamics 365 Field Service team is honored to attend to showcase how the innovations announced today can help manufacturers. Visit us at the Hannover Messe expo, Hall 17, Stand G06 to discover new ways to transform your service operations with generative AI and mixed reality.

Dynamics 365 Field Service

New capabilities generally available today.

Learn more

The post Introducing new Microsoft Copilot capabilities to optimize Dynamics 365 Field Service operations   appeared first on Microsoft Dynamics 365 Blog.

Today we launched the 2024 release wave 1 for Microsoft Dynamics 365 and Microsoft Power Platform, a rollout of new features and enhanced capabilities slated for release between April and September 2024. These updates include new Microsoft Copilot capabilities across Dynamics 365 and Microsoft Power Platform—as well as role-based extensions of Copilot for Microsoft 365—that transform business processes with natural language processing, AI-generated insights, and assistance with time-consuming tasks.

This morning’s Microsoft Business Applications Launch Event, available to view on-demand, includes highlights and demonstrations of features from the release wave, as well as a firsthand look at how organizations like Lenovo, Sonepar, Ford, Omnicom Group, and G&J Pepsi are using these capabilities in transformative ways.  

Extend Microsoft 365 with role-specific Copilot capabilities

The central theme across this release wave is how, across the business and productivity applications organizations depend on, Copilot is helping to better empower employees, improve business processes, and engage customers. In fact, 68% of surveyed Copilot users told us that it helps them jumpstart their creative process, and 70% said Copilot made them more productive so that they could do their job faster and easier.¹

Since each role is unique, we have extended Copilot for Microsoft 365 even further to tailor Copilot experiences for specific business functions. This includes Microsoft Copilot for Sales, Microsoft Copilot for Service and the recently announced Microsoft Copilot for Finance—all integrated with the apps and data you use every day so that you can spend less time searching for data and more time engaging with customers and driving a strategic agenda for your organization.

Underpinning these Copilot extensions is Microsoft Copilot Studio, which makes it easy to customize and build your own customer and internal-facing copilots using your data and workflows. We are excited to dive deeper into Copilot this release wave and help you use it to transform your business.  

Business Applications Launch Event

Tune into demos of new capabilities, on demand.

Watch here

Transforming customer and field service with generative AI 

Release wave 1 introduces new Copilot capabilities to help customer service agents and frontline workers boost efficiency, reduce training costs, and deliver exceptional customer experiences. 

New Copilot capabilities for Microsoft Dynamics 365 Customer Service and Microsoft Copilot for Service—which infuses generative AI into your existing contact center and customer relationship management (CRM) solutions—include Copilot-drafted knowledge articles to streamline the knowledge creation process, as well as proactive Copilot responses for conversations with customers. 

At the launch event, we shared how Lenovo is integrating Dynamics 365 Customer Service, third-party solutions, and custom bots to scale its innovative service delivery solution, Premier Support Suite for PC devices. Thousands of agents can now provide omnichannel support to customers in 200 regions and in more than 40 languages globally.   

We also spotlight how G&J Pepsi, the largest family-owned and operated Pepsi franchise bottler in the U.S., has reduced operating costs by 6.6% and increased revenue by 8% with Microsoft Dynamics 365 Field Service, Dynamics 365 Sales, and Microsoft Power Platform. They expect Copilot to further streamline work order management and enhance their best-in-class service by giving the field service teams access to a complete picture of their accounts in real time.   

Explore the release plans for Dynamics 365 Customer Service, Copilot for Service, and Dynamics 365 Field Service.  

The future of enterprise resource planning (ERP)

ERP is going through a once-in-a-generation transformation. For decades, employees across the globe have manually completed a significant amount of ERP processes daily to keep their companies running. Microsoft is pioneering a new vision for ERP—a world where ERP solutions powered by AI operate more independently, continually adjusting to evolving circumstances, involving users when necessary, and opening new possibilities for businesses.  

At the launch event, we spotlighted how Omnicom Group, a global leader in marketing communications, envisions leveraging Dynamics 365 for a new, autonomous ERP model that will help it to accelerate growth, become more efficient, and power its ability to innovate. They can use the new Copilot to optimize their strategic decision-making and transform their operational processes, such as prompting Copilot to identify opportunities for growth expansion and gauge the performance of initiatives.  

We also introduced new Copilot capabilities for Microsoft Dynamics 365 Business Central that help small and medium businesses to automate processes and complete tasks faster. A new Copilot chat pane allows users to quickly find and go to data, reveal insights, and get help with tasks. Users can prompt Copilot to create sales lines, match e-invoices with purchase orders, answer questions about data analyses, help with repetitive tasks, and more.  

Other updates include sustainability tracking, the ability to connect Business Central with Shopify B2B (business-to-business), and developer tools for Copilot.  

Explore the release plans for Microsoft Dynamics 365 Finance, Microsoft Copilot for Finance, Microsoft Dynamics 365 Project Operations, Microsoft Dynamics 365 Supply Chain Management, and Dynamics 365 Business Central.  

Accelerate development with Microsoft Power Platform 

Microsoft Power Platform is the rapid modernization platform of choice of hundreds of thousands of organizations, providing AI-first, low-code tools to build enterprise-wide solutions and automations. Copilot is seamlessly integrated across Microsoft Power Platform, empowering you to create applications, automations, and analytics through simple, natural language and conversational interactions.  

At the launch event, we demonstrate how Ford is leveraging Copilot to produce connected services to enhance the driving experience. Like Ford, organizations can take advantage of new Copilot capabilities in this release wave to transform workflows. Microsoft Power Automate introduces new ways to create cloud flows, desktop flows and process mining using natural language prompts. Microsoft Power Apps accelerates app development with enhanced user reasoning and data insights in custom apps. Microsoft Copilot Studio enables organizations to build custom copilots, with new ways to build custom prompts and generative actions, along with access to OpenAI’s custom GPTs and AI Builder models for extended scenarios.   

Explore the release plans for Power Apps, Microsoft Power Pages, Power Automate, Microsoft Power BI, and Copilot Studio.  

Deliver more personalized customer experiences  

Buyers expect businesses to cater to their unique set of needs. To do so, marketing and sales teams need a unified understanding of the customer and the ability to orchestrate experiences across marketing, sales, and service.  

Sonepar is leveraging Copilot in Microsoft Dynamics 365 Sales to become the first global B2B electrical distributor to provide a fully digitized and synchronized omnichannel experience to every customer. With Copilot alongside sellers, Sonepar can personalize marketing content, improve the quality of leads, and enhance every engagement with customers.  

New Copilot capabilities in release wave 1 provide recommendations, summarize data, retrieve information, and perform actions in context and within the flow of work—so they can stay productive and focus time on engaging customers.  

Explore the release plans for Dynamics 365 Sales, Microsoft Copilot for Sales, and Microsoft Dynamics 365 Customer Insights. 

Watch the virtual Microsoft Business Applications Launch Event  

We invite you to tune into the launch event on-demand for more details and demos of new capabilities across Dynamics 365 and Microsoft Power Platform. In addition, you can explore several special topic presentations covering the evolution of generative AI, including small language models and AI experiences to help transform strategic, cross-domain business problems.  

Be sure to read the detailed release plans for Dynamics 365 and Microsoft Power Platform and keep track of what’s new and upcoming, as well as create a personalized release plan in the release planner.  

Sources:

¹ Microsoft Work Trend Index Special Report: What Can Copilot’s Earliest Users Teach Us About Generative AI at Work? (microsoft.com) 

The post 2024 release wave 1 kicks off with hundreds of AI-powered capabilities for Microsoft Dynamics 365 and Microsoft Power Platform appeared first on Microsoft Dynamics 365 Blog.