The Human Resources application connects people and operations data to help you optimize workforce costs and manage employees. Human Resources management streamlines the process of recruitment, employee benefits and developments, the performance appraisal procedure, attendance, and compensations. It also helps employees to access their personal and professional information and information about any subordinates.
Dynamics 365 is an enterprise resource planning (ERP) solution developed by Microsoft, which aids businesses in managing crucial operational processes. Initially, Dynamics 365 for Finance and Operations encompassed various functions like finance, accounting, production, warehousing, and transportation management.
However, in 2020, Microsoft made the decision to divide Dynamics 365 for Finance and Operations into two separate applications: Dynamics 365 Finance and Dynamics 365 Supply Chain Management. This division allows for a more focused approach in addressing specific business needs. Let’s explore the differences between these two platforms and understand the potential benefits they offer to your business.
Microsoft Power Platform is a robust business application platform comprising four powerful apps or services: Power Apps, Power Automate, Power BI, and Power Virtual Agents. Within an organization, the Power Platform empowers users to create applications, automate business processes, analyze data, and engage with customers through virtual agents.
With the Power Platform, you can seamlessly connect and collaborate with services such as Office 365, Microsoft Dynamics 365, Microsoft Azure, and more than 300 other apps and services. By leveraging various connectors, you can establish connections to a wide range of data sources.
Each component of the Microsoft Power Platform is built on the foundation of the Microsoft Dataverse. Dataverse serves as a key element within the Power Platform, providing a unified data platform that can be utilized by other applications.