Microsoft Dynamics 365 Business Central offers powerful tools to enhance financial management, and Copilot, its AI companion, plays a key role in streamlining processes and improving efficiency.
Dynamics 365 Business Central leverages Copilot for better financial management through:
Natural-Language Queries and Answers:
- Copilot enables conversational chat within Business Central. You can ask questions related to cash flow, financial reports, and more using natural language.
- For instance, inquire about projected cash inflows or outflows, and Copilot will provide relevant information.
Streamline Bank Reconciliation:
- Copilot simplifies bank reconciliation by analyzing imported bank statements.
- It matches transactions, proposes entries for unmatched items, and ensures accurate financial records.
- This feature saves time and effort during month-end tasks.
Cash Flow Analysis with AI:
- Business Central, powered by AI, can create comprehensive Cash Flow Analyses.
- These analyses help monitor your company’s cash position, a critical indicator of solvency.
- By forecasting cash flow, you can proactively manage your financial health.
Set Up Cash Flow Forecasts:
- Use account schedules to create cash flow forecasts.
- Configure column definitions, assign them to financial reports, and view/print the forecasts.
Automate Data Entry:
- Copilot assists in pulling information into forecasts via automatic and manual entries.
- It ensures accurate data for cash flow projections.
“Remember, Copilot is your AI companion, ready to assist you in making informed financial decisions and optimising your cash flow management! “
Contact i3 Australia to learn how Copilot and Business Central can transform your finance operation.