Implementing Microsoft D365 F&O can be an incredibly demanding and stressful task.
Even the smallest mistake can cause serious implications down the road – we have seen it happen, but do not lose hope, we can help you!
Contracting ME CFO from the beginning, can help you limit your risk of failure and reduce costs.
When ME CFO is working for Microsoft Gold Partners (MSGPs), the MS Sure Step methodology is used for all full life cycle implementations including LCS, Azure and D365.
When ME CFO is not working with a MSGP, a different approach can be taken. It all depends on the phase of the implementation and if another approach fit your company better.
D365 F&O Expertise:
- Expert in General Ledger, Accounts Receivable, Accounts Payable, Cash and Bank Management, Consolidations, Fixed Assets, Asset Leasing, Expense Management, Credit and Collections, Procurement and Sourcing, Tax Management, Avalara Certified (2024), Financial Report Designer/Managing reporter
- Strong working knowledge in Budgeting, Cost Accounting, Cost Management, Organization, CRM, Audit Workbench, Product Information Management
- Working knowledge in Project Management and Accounting, Inventory, Human Resource, System Administration, D365 BC (NAV)
D365 F&O implementation:
When ME CFO is working with MSGPs, we usually work as a D365 F&O Functional Lead on the finance side:
- Performing the necessary analysis and consultation to identify business issues and opportunities, solution requirements, gaps and related benefits
- Leading project teams to deliver business solutions from project kick-off through project go-live
- Measuring delivery of solution against requirements, through ownership of deliverables and thorough review with clients
- Preparing and analyzing project plans and requirements documentation
- Building report with clients through effective communication, working sessions and status meetings
- Completing assigned tasks according to project schedule and communicating status to Project Manager
- Performing configuration, testing and implementation of Dynamics 365 F&O
- Training end-users on solutions
ME CFO follow the MS Sure Step methodology:
Source: Microsoft
Diagnostic:
- Evaluate a customer's business processes and infrastructure
- Assist the customer with their due diligence cycle, including ascertaining requirements and their fit with the solution, and assessing the resource needs for the solution delivery
- Prepare the project plan, proposal, and the Statement of Work
Analysis:
- Analyze current business model and finalize the Functional Requirements document
- Finalize the fit-gap analysis
- Develop the Environment Specification documentation
Design:
- Develop the Functional Design, Technical Design, and Solution Design documents
- Finalize the data migration design
- Establish test criteria
Development:
- Finalize configurations and setup of the standard solution
- Develop and finalize the custom code that is required to support the solution
- Conduct functional and feature testing of the solution
- Create the user training documentation
Deployment:
- Set up the production environment
- Migrate data to the production environment
- Conduct user acceptance test of the system
- Train users and finalize the user documentation
- Conduct go-live check and promote the system to production
Operation:
- Resolve pending issues
- Finalize user documentation and knowledge transfer
- Conduct a post-mortem of the project
- Provide on-going support (activities that continue through any future involvement with the customer after the project is closed)
The Sure Step methodology also provides guidance for the following areas:
Optimization:
- Leverage Review Offerings to determine proactively if the system is being designed and delivered optimally to meet the customer’s requirements
- Analyze the system to determine how it can be optimized for the best performance based on customer's needs
Upgrade:
- Assess the customer's current business processes and solution
- Document the requirements for new functionality
- Upgrade the system to new release—including the addition of new functionality, promotion of existing customizations that are required, and elimination of custom code no longer required
Before working with a MSGP, ME CFO can help clients with pre-implementation tasks, making sure the implementation starts on the right track.
The below is mainly financial services:
- Ensure to reconcile all accounts and minimize as much data as possible
- Create a new Chart of Account (CoA), which follows the CoA structure in D365
- Discuss departments, cost centers and financial dimensions
- Create a connection between the old CoA and new CoA
- Performing the necessary analysis internally, to make sure you already know what the MSGP’s expects and what is needed for the analysis phase
- A “need to have” and a “nice to have” list should also be created
ME CFO has helped clients where the entire implementation was a complete disaster due to no MSGP, nor ME CFO involvement and still going live. ME CFO can help configure a whole new entity or entities. Even if you did go-live, we try to fix as much as we can, so you can survive until a new legal entity has been configurated.
Software we use: please press this link
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