Ready to elevate your project management with AI-driven precision? Dynamics 365 Project Operations is elevating usability, performance, and scalability, particularly in project planning, invoicing, time entry, and transaction processing. Microsoft 2024 release wave 2 for Dynamics 365 Project Operations highlights AI-assisted enhancements in core functionalities like estimation, proposal generation, journals, approvals, and contract management.
Additionally, there’s a strong focus on mobile capabilities and scaling improvements, enabling the handling of larger projects and invoices with greater efficiency. This update ensures that project operations remain seamless, even as your business grows, delivering an enhanced experience across key project management processes. Read on to discover other key updates for D365 Project Operations from the Microsoft 2024 release wave 2.
Boost Sales Efficiency with AI-Powered Quote Summaries
The Microsoft 2024 release wave 2 for Dynamics 365 Project Operations introduces significant enhancements to quote management, reducing manual effort and errors. Users can now add or edit quote line details directly from a unified grid interface, gaining easy access to cost details, customer schedules, margins, and budgets for deeper financial insights.
An advanced quote summary, powered by language learning models (LLM), offers comprehensive overviews, guiding informed decision-making and strategic planning. These enhancements streamline quote management, ensuring greater functionality, accuracy, and efficiency, ultimately providing finance teams with better oversight and control over their quoting process in Dynamics 365 Finance.
Unlock Efficient Billing with Microsoft 2024 Release Wave 2 for Dynamics 365 Project Operations
Experience seamless billing with this update from Microsoft 2024 release wave 2 for Dynamics 365 Project Operations! Progress billing rules now streamline non-stock/resource-based scenarios, allowing users to track progress percentages effortlessly. Easily create invoices based on project milestones and completed progress, ensuring accurate billing for contracts.
This enhancement simplifies billing management, saving time and ensuring accuracy in your financial processes. By using progress billing, you gain control over your project operations, improving efficiency and cash flow. Embrace this powerful feature to elevate your billing practices and keep your projects on track with the latest Dynamics 365 updates.
Streamline Quotes and Contracts with Custom Entity Control
Imagine having full control when duplicating quotes and contracts! Microsoft 2024 release wave 2 for Dynamics 365 Project Operations brings this feature that allows you to define the target legal entity, customer, and business unit with precision, enhancing flexibility and accuracy. When copying records, you can effortlessly reflect alternate delivery models, ensuring the right entities are associated.
This capability saves time, reduces errors, and provides greater efficiency in managing quotes and contracts across various scenarios. Embrace this enhanced functionality to maintain accuracy and adaptability within your business operations, optimising your project management workflow.
Simplify Billing with Cost-Driven Pricing Models
Say goodbye to external tracking sheets! With the Dynamics 365 Project Operations 2024 release wave 2, you can now derive bill rates directly from cost rates, saving time and enhancing flexibility. This feature allows you to define sales price rates as a function of related costs, supporting more dynamic pricing models like cost-plus.
By integrating cost-based billing into Project Operations, you eliminate manual calculations, reduce errors, and streamline your pricing strategy. This enhancement empowers professional services organisations to manage pricing efficiently, ensuring accurate billing across multiple dimensions with minimal effort.
Elevate Estimation Efficiency with Modern Grid Enhancements
Transform your estimation process with this latest Microsoft 2024 second release update for Dynamics 365 Project Operations. The new grid for expense and material estimates offers a streamlined experience, making it easier to create and edit estimates. With enhanced filtering, deletion, and lookup functionalities, this feature significantly improves performance and extensibility.
Key enhancements include a view switcher for better navigation, task sorting by work breakdown structure, and a quick-create option for effortless addition of estimates. These upgrades ensure users can manage their projects more efficiently, leading to a smoother workflow and increased productivity in your project operations.
Seamless Integration of Resource Management with Dataverse
Unlock new possibilities with this Dynamics 365 Project Operations enhancement that enables users to leverage modern architecture for resource and non-stocked scenarios via the Dataverse platform. This feature enhances project planning with Microsoft Project for the Web and facilitates resource management through Unified Resource Management. It allows users transitioning from stocked/production order deployment types to adopt resource/non-stocked scenarios without reimplementing existing legal entities.
Key improvements include relaxed validations for legal entities, restricted legacy functions, and the ability to manage both stocked and non-stocked projects seamlessly. Embrace these changes for a streamlined and efficient project management experience!
Streamline Invoicing with Progress-Based Billing Integration
Thanks to the Microsoft 2024 release wave 2 for Dynamics 365 Project Operations, the progress-based billing feature allows you to invoice based on milestone completion percentages, seamlessly integrated with the Billing hub. This enhancement reduces clicks and navigation, enabling users to review all invoiceable transactions in a single click, enhancing efficiency during invoice creation for fixed-price agreements.
Experience a faster invoicing cycle, expediting customer payment processing, while proactive invoice insights help billing administrators make accurate decisions, minimising the need for corrections. Leverage this feature to optimise your billing workflow and boost productivity!
Simplify Task Management with Grid View Completion
This enhanced Dynamics 365 Project Operations update revolutionises your task management process. It offers the ability to mark tasks as complete directly from the grid view, streamlining the process for customers who don’t track progress through time entries.
What this feature does is eliminate the challenges associated with completing tasks, allowing for a smoother workflow and greater efficiency. Mimicking the familiar functionality of Project for the Web, users can easily update task statuses, ensuring a more intuitive experience.
Enhance Pricing Accuracy with Automated Time-Phased Updates
Get ready to transform your pricing strategy with this Dynamics 365 Project Operations 2024 second release update. This feature automates the management of time-phased price changes for labour, expenses, and materials in quotes and contracts, ensuring that all price updates are reflected automatically from their effective dates.
By calculating sales and cost prices using weighted averages, it enhances accuracy while significantly reducing manual effort, thereby minimising errors and discrepancies.
Additionally, maintain a comprehensive audit trail of changes for full transparency, ensuring the integrity of your pricing information. Users gain real-time visibility into totals, allowing for precise contract management and accurate financial accounting. Embrace this automation to elevate your pricing processes!
Unlock the Full Benefits of Microsoft 2024 Release Wave 2 for Dynamics 365 Project Operations
The Microsoft 2024 Release Wave 2 for Dynamics 365 Project Operations brings a host of updates that can enhance your project management capabilities. However, navigating these changes can be complex and disruptive. At Dogma, our experts are here to help you seamlessly integrate these updates into your operations, transforming them into tangible business benefits. We’ll empower your team to fully leverage these capabilities, improving project delivery and operational efficiency while minimising disruption.
Trust us to support you through this transition, allowing you to concentrate on what truly matters—accelerating your business growth. Contact us today to unlock the full potential of your D365 Project Operations investment!
