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Certified in Dynamics 365 Finance & Ops Fundamentals

  • Dynamics 365 fundamentals finance and operations apps exam certification
  • Published by: André Hammer on Feb 03, 2024

Would you like to improve your knowledge and skills in finance and operations? If yes, consider getting certified in Dynamics 365 Finance & Ops Fundamentals. This certification aims to give individuals a strong understanding of the basic concepts and features of Dynamics 365. It equips them with the necessary tools to excel in the constantly changing world of finance and operations.

Whether you want to advance in your career or just stay updated, this certification could be a valuable addition to your professional skills.

Scope of Finance and Operations Apps

Finance and operations apps in Dynamics 365 make financial and operational processes easier. They handle accounting, inventory, supply chain, and project management. These apps also include advanced analytics and reporting tools. Users can use the data to make better decisions and allocate resources optimally. By automating tasks and reducing errors, these apps make organizations more efficient. They also provide real-time visibility into financial and operational performance.

These apps can integrate with other software, like CRM or HR systems, for seamless business operations. This integration eliminates data silos and provides a holistic view of the organization. This comprehensive view supports better decision-making and resource management.

Key Benefits and Core Features

Using Dynamics 365 Finance and Operations Apps has many benefits. It can streamline financial and operational processes, increase productivity, and provide real-time insights for better decision making.

The core features of these apps include advanced financial management, supply chain management, and intelligent insights using AI and analytics. By implementing Dynamics 365 Finance and Operations Apps, businesses can:

  • Improve financial and operational efficiency by automating manual processes
  • Optimise inventory management
  • Gain a comprehensive view of their business performance

This can lead to cost savings, better resource utilisation, and improved overall business performance. Dynamics 365 Finance and Operations Apps are a valuable tool for businesses looking to enhance their financial and operational capabilities.

Understanding Dynamics 365 Fundamentals Finance and Operations Apps Exam Certification

Exam Overview

The Dynamics 365 Fundamentals Finance and Operations Apps exam checks what someone knows about the core components of Dynamics 365. This includes understanding the basics of Finance and Operations apps. It covers things like the value of Dynamics 365, cloud concepts, artificial intelligence, mixed reality, and the internet of things. The exam has around 40-60 multiple-choice questions and should be finished within 120 minutes.

To get certified, candidates need to have a basic understanding of Microsoft Power Platform, Microsoft Azure, and Dynamics 365 model-driven and canvas apps. They should also know about business operations, accounting principles, marketing, sales, service, and basic financial principles.

Certification Prerequisites

Candidates seeking certification in Dynamics 365 Fundamentals Finance and Operations Apps need to understand finance, accounting, and operations in a business setting. This includes core financial management, supply chain management, and manufacturing. Additionally, candidates should be familiar with Power Platform and have experience using Microsoft Office.

While there are no specific educational requirements, it is recommended that candidates have at least six months of experience working in a business environment, particularly in a finance or operations role. This practical experience can be gained through on-the-job training, internships, or previous work experience in a relevant field.

The certification exam is designed for individuals who have a well-rounded understanding of how Dynamics 365 Finance and Operations applications function within a business setting.

Exam Objectives and Format

The Dynamics 365 Fundamentals Finance and Operations Apps exam certification has specific objectives. These include showing knowledge of core functionalities in finance and supply chain management apps within Dynamics 365. Candidates must understand financial management, supply chain management, and manufacturing. They should also be able to configure and use essential functions in finance and operations apps.

The exam format usually has multiple-choice questions, drag and drop, and other formats to test practical understanding. There are no official requirements for taking the exam, but having a general understanding of the apps and their functionalities would be helpful for candidates aiming to succeed.

Preparing for the Dynamics 365 Fundamentals Finance and Operations Apps Exam Certification

Candidates preparing for the Dynamics 365 Fundamentals Finance and Operations Apps Exam Certification should make sure they know the main benefits and features of the Dynamics 365 Finance and Operations Apps.

This includes understanding financial management, supply chain management, and manufacturing. Also, candidates should have a good understanding of the prerequisites for taking the exam. This involves having a basic knowledge of Microsoft Dynamics 365 and Microsoft Azure.

To meet these requirements, candidates can take relevant Microsoft Official Courses or gain practical experience through real-world projects.

When preparing for the exam, candidates should be aware of the exam's overview, objectives, and format. This includes understanding focus areas such as setting up and configuring a Dynamics 365 Finance and Operations environment, and managing finance and operations data. It's also important to be familiar with the exam format, including the number of questions and the time limit. This knowledge is essential for success in the certification process.

Summary

The Dynamics 365 Finance & Ops Fundamentals certification gives professionals a full understanding of the main features in Dynamics 365 Finance and Operations. It covers financial management, supply chain management, and manufacturing. This certification shows expertise in using Dynamics 365 to improve financial and operational processes in a company.

Readynez offers a 1-day MB-920 Microsoft Dynamics 365 Fundamentals Finance and Operations Apps Course and Certification Program, providing you with all the learning and support you need to successfully prepare for the exam and certification. The MB-920 Microsoft Dynamics 365 Fundamentals Finance and Operations Apps course, and all our other Microsoft courses, are also included in our unique Unlimited Microsoft Training offer, where you can attend the Microsoft Dynamics 365 Fundamentals Finance and Operations Apps and 60+ other Microsoft courses for just €199 per month, the most flexible and affordable way to get your Microsoft Certifications.

Please reach out to us with any questions or if you would like a chat about your opportunity with the Microsoft Dynamics 365 Fundamentals Finance and Operations Apps certification and how you best achieve it. 

FAQ

What is the purpose of getting certified in Dynamics 365 Finance & Ops Fundamentals?

The purpose of getting certified in Dynamics 365 Finance & Ops Fundamentals is to demonstrate proficiency in using the platform for financial and operational management. Job opportunities, career advancement, and increased credibility are some benefits of obtaining this certification.

What are the prerequisites for taking the certification exam for Dynamics 365 Finance & Ops Fundamentals?

To take the certification exam for Dynamics 365 Finance & Ops Fundamentals, it is recommended to have a working knowledge of Microsoft Dynamics 365 and general financial and operational concepts. It's also beneficial to have hands-on experience with the Dynamics 365 Finance & Operations application.

How can I prepare for the certification exam for Dynamics 365 Finance & Ops Fundamentals?

Focus on studying the exam outline provided by Microsoft, practice with online resources and sample questions, and consider taking a training course.

What are the benefits of being certified in Dynamics 365 Finance & Ops Fundamentals?

Having a certification in Dynamics 365 Finance & Ops Fundamentals can lead to better job opportunities, higher salary potential, and increased credibility in the industry. For example, certified professionals may qualify for roles such as financial analyst, operations manager, or business analyst, and earn an average salary of $85,000 per year.

What career opportunities are available for individuals certified in Dynamics 365 Finance & Ops Fundamentals?

Individuals certified in Dynamics 365 Finance & Ops Fundamentals can pursue careers as financial analysts, operations managers, business analysts, and ERP consultants with companies using Microsoft Dynamics 365.

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