Microsoft Dynamics 365 Project Operations is an all-in-one application that connects sales, resourcing, project management, and finance teams to streamline project-based services. Below are some key points to understand the benefits, deployment types, expense management, and licensing of Dynamics 365 Project Operations:
Dynamics 365 Project Operations provides leaders with business insights and AI capabilities for better decision-making, while enabling sales teams to win more deals and accelerate the sales cycle with fast and accurate quotes.
Dynamics 365 Project Operations for resource/non-stocked based scenarios provides multi-dimensional pricing and costing for labor resources, category-based pricing for expense categories, project-based sales management, universal resource scheduling, project progress and time tracking, basic and full expense management experiences, invoicing, configurable project cost and revenue profiles, and extensibility through the Power Platform. Lite deployment type provides project planning using Microsoft Project for the Web, multi-dimensional pricing and costing for labor resources, category-based pricing for expense categories, project-based sales management, universal resource scheduling, project progress and time tracking, basic expense tracking, proforma invoicing, and extensibility through the Power Platform.
Expense management in Dynamics 365 Project Operations enables the creation of an integrated workflow for storing payment method information, importing credit card transactions, tracking employee spending, defining expense policies, and automating travel expense reimbursement. Project Service Automation (PSA) application helps organizations efficiently track, manage, and deliver project-based services, from the initial sale to invoicing. It enables project planning, estimating, and tracking project cost and revenue, resource forecasting, project progress and cost consumption tracking, quoting, pricing, billing, resource management, and reporting.
Dynamics 365 Project Operations is licensed per user, with a minimum number of users required. Account managers, project managers, project assistants, and project accountants are typically licensed as full users, while users who create and approve project timesheets only need a Team Members license. Project Operations licenses have no roles at the Operations – Activity level, but full users of Project Operations have rights to Operations – Activity roles for other Dynamics 365 products, such as Finance and Supply Chain Management.
Microsoft Dynamics 365 Project Operations is a comprehensive solution for managing sales, resourcing, project management, and finance teams in a single application. The system provides powerful insights and AI capabilities for better decision-making, and supports flexible pricing and quoting, optimized resource allocation, and streamlined project management. The Lite and Resource/non-stocked based deployment types provide varying levels of functionality to meet the needs of different organizations.
Overall, Dynamics 365 Project Operations is a powerful tool that provides numerous benefits to organizations looking to streamline their project management, resourcing, sales, and finance processes. With its flexible deployment options and extensive features, it is a valuable investment for companies looking to improve efficiency, increase profitability, and deliver high-quality project-based services.
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