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Dynamics AX 2012 Purchase Requisitions

P rocurement process in organizations is very critical such that right items are ordered at the right time. Often, companies end up with cost overruns partly due to bad purchasing planning or policies. It’s all about meeting the demand of materials or services within the stipulated time and minimal costs.    One of the key success criteria set by the Purchasing departments when it comes to choosing the best ERP in the market revolves around efficient management of procurement cycle like Purchase Requisition workflow driven process, RFQ process, Catalog and non-catalog based purchases, vendor responses analysis.   The Finance department asks for creating commitments for those purchases to plan for their working capital needs. If the expenditure is incurred towards a project, the project information is also sought for. More importantly, a Finance Manager would always be interested in distributing the expense to multiple cost centers/departments than jus...

Dynamics AX 2012 Overview

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It's quite some time that we have Dynamics AX 2012 into the market and it is no surprise that it's creating history with respect to wide market adaptability and acceptance of the fact that it is truly a global solution. In this piece of article  I present a bird's eye view of Dynamics AX 2012.   Microsoft Dynamics AX 2012: Overview Microsoft Dynamics AX 2012 is a complete ERP solution that offers comprehensive and core ERP functionality for financial, human resources and operati ons management. It's truly a global solution that is scalable and agile. The solution is made industry focused by embedding core functionality for manufacturing (process, discrete and lean), distribution, public sector, retail and service industries.   Dynamics AX 2012 Functionality In a nutshell, Dynamics AX 2012 focuses on the following functionality Financial Management & Compliance Business Intelligence & Reporting Collaboration Supply Chain Management Sal...