Enterprise Resource Planning (ERP) and Customer Relationship Management are the two core components of an enterprise business structure. Both play a vital role in efficient productivity and profitability. Let’s have a look at the Microsoft Dynamic 365 platform in the wake of these two.
What is ERP?
Enterprise resource planning (ERP) is an abbreviation for enterprise resource planning (ERP). It’s a piece of business process management software that oversees and combines a company’s finances, supply chain, operations, reporting, production, and human resource functions. Most businesses have some sort of financial and operational system in place, but most of the software available can’t help with future business growth or go beyond regular business procedures.
Businesses used to have some type of accounting, finance, or HR procedure, but the software systems they used frequently functioned in silos and didn’t communicate or collaborate.
What Is CRM?
The administration of client connections is referred to as customer relationship management (CRM). It’s a collection of data-driven, integrated software solutions that let you better engage and transact with your customers. CRM systems facilitate customer relationship management, sales lead tracking, marketing, and pipeline management, besides the delivery of actionable data.
What Is Microsoft Dynamic 365?
Microsoft Dynamics 365 is a business applications platform that is cloud-based. It integrates ERP and CRM components, as well as productivity apps and artificial intelligence business technologies.
Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate
If you have the expertise as a functional consultant who evaluates business needs and converts them into effective business processes and solutions based on industry best practices, you can use this certification to demonstrate your abilities and assist develop your career. You should have prior expertise installing and customizing Dynamics 365 Finance to satisfy company needs.
Accounts receivable, accounts payable, general ledger, fixed assets, budgeting, cost accounting, and cost management, as well as costs, are all suitable candidates for this certification. You must have a basic grasp of financial operations and company accounting fundamentals.
Here are some ideas if you need additional experience before attempting to get this certification:
- Work with a Dynamics 365 Finance functional consultant.
- Participate in one or more projects as a functional consultant.
- Assist with a financial consulting project.
- Visit community.dynamics.com to join the community of professionals and peers.
- Use Microsoft Learn to explore the many learning pathways offered.
- Enroll in a classroom-based training course.
- Increase your hands-on practice.
Job role: Functional Consultant
Required exams: MB-300 MB-310
- Configure security, procedures, and choices using common functionality and implementation tools
- Validate and support the system
- Set up and configure financial management
- Implement and manage accounts payable and expenses
- Implement and manage accounts receivable, credit, collections, and revenue recognition
- Manage budgeting and fixed assets
Exam MB-300: Microsoft Dynamics 365: Core Finance and Operations
Languages: English, Japanese
This test assesses your ability to do technical activities such as using common functionality and implementation tools, configuring security, procedures, and choices, managing Finance and Operations data, and validating and supporting the solution.
This test requires candidates to assess business needs and transform them into fully realized business processes and solutions that follow industry best practices. Candidates are required to possess the required skills in the implementation and configuration of applications and programs to fulfill company needs.
Part of the requirements for Microsoft Certified: Dynamics 365 Finance Functional Consultant AssociateMicrosoft Certified: Dynamics 365 Supply Chain Management, Manufacturing Functional Consultant Associate
Related exams: Exam MB-310: Microsoft Dynamics 365 Finance
Preparing For The Exam
Preparation for an exam is not only an art, it’s a science as well. At a personal level, you need to input your effort and dedication. Putting your best is the key to sure success. Besides personal traits, you need accurate and updated study material. Your success depends upon the course material you consult. Professional certification exams require focused preparation. For the preparation of the Microsoft exam MB-300, DumpsTool is a credible source of study material. Those preparing for the Microsoft exam MB-300 can get the updated and accurate training material from DumpsTool that is professionally designed by the experienced professionals of the industry. The complete training package for the Microsoft MB-300 exam dumps by DumpsTool comprises of PDF and Testing Engine. The authentic braindumps by DumpsTool are known for the authentic content compiled from the real exams. All the training material by DumpsTool is covered by a money-back guarantee for sure success.
Always remember that there is no shortcut to success. You need to spare enough time and do enough practice to get the real knowledge out of the course. Passing a certification exam is only one aspect of a subject. The real emphasis of all the practice should be mastering the subject and being able to implement it in your real-life job scenarios. That’s what the exam vendor and your employer want from you. So try not to focus on short-term goals but each certification you earn should bring some premium knowledge and skills to your portfolio.
The right training combined with dedication and hard work can lead you towards success in Microsoft exam MB-300.
ERP and CRM are among the most vital components of a modern business. Both the components constitute a huge requirement for professionals. There is a growing demand for professionals possessing these skills. Microsoft Dynamics 365 is a combination of ERP and CRM which is getting very popular in the enterprise segment. Microsoft Certified credentials are among the best IT skill validations in the job marketplace. Microsoft Dynamics 365 is among the highly acclaimed enterprise products from Microsoft which can be testified by the growth it has seen in the enterprise sphere lately.
The exam MB-300: Microsoft Dynamics 365: Core Finance and Operations is part of the requirement for Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate which is a valuable credential for those seeking a career in Microsoft Dynamics 365 platform. It can be a great start.