Archive for June, 2017

Corporate Social Reponsibility for the U.A.E.

June 12th, 2017

The Ministry of Economy in Dubai today on Monday said that it will be mandatory for the private sector to declare their Corporate Social Responsibility (CSR) initiatives by the end of 2017. The CSR initiative aims to encourage all companies to play a role in charitable, humanitarian work. Mohammad Ahmad Bin Abdul Aziz Al Shehhi, Undersecretary at the Ministry of Economy, discussed the National Strategy’s 11 initiatives for CSR, which were set to develop a supportive and stimulating environment for companies to invest in social responsibility.

The CSR programme is one of six main themes of the UAE’s National Strategy, which aims to encourage all companies to play a role in charitable and humanitarian work.


The ministry will announce a minimum percentage that should be allocated to CSR by all private companies.

Companies will be able to register starting July, and will be required to declare their audited CSR accounts to the ministry and upon licence renewal at the Department of Economic Development.

Auditors will be required to ensure the financial statement for the company verifies their CSR initiatives and CSR spending.

Al Shehhi said that another initiative is the establishment of a National CSR Index, which will rank entities in the country, based on the percentage of their contributions and projects.

The assessment process will take place in April 2018, while the Corporate Social Responsibility (CSR) Annual Report and National CSR index results will be announced on Zayed Humanitarian Day in June 2018.

Year of Giving

Sultan Bin Saeed Al Mansouri, Minister of Economy, said the launch of the annual report represents an important milestone for the ‘Year of Giving,’ as such programmes and initiatives introduce a solid base for the organisational system of charity works in the UAE.

“Cooperation between the Ministry of Economy, Departments of Economic Development and Chambers of Commerce and Industry and other governmental and private bodies is an essential and effective driving force for transforming the ‘Year of Giving’ concepts to practical programmes and initiatives,” he said.

Smart CSR platform

Al Shehhi highlighted the different services of the Smart CSR platform, which will be launched in July to enable all private companies to register, and to view the various fields of CSR initiatives. It will include guides and tools to make CSR contributions along with models displaying the implementation process.

“One of the main targets of the programme is to spread awareness about the values of CSR within the private sector. We are sure many private companies have CSR programmes, however, it is time to launch a joint platform based on concrete projects, and build partnerships between the public and private sector,” said Al Shehhi. He pointed out the ministry anticipates that all companies in the UAE who are currently registered in the economic department will become members of the CSR programme, which has now been set as a minimum requirement in the private sector.

The Dubai Chamber of Commerce and Industry recently hosted its annual Dubai Dialogue conference at its premises which focused on the UAE’s Year of Giving and highlighted the important role that public-private partnerships can play in achieving the objectives of the national initiative.

The event, organised by the Chamber’s Centre for Responsible Business, was attended by 150 delegates, including H.E. Sultan bin Saeed Al Mansoori, Minister of Economy of the UAE, H.E. Mohammed Alshehhi, Undersecretary for Economic Affairs at the UAE Ministry of Economy, and H.E. Hamad Buamim, President and CEO, Dubai Chamber, as well as various stakeholders from the UAE’s public and private sectors.

The National Strategy for the Year of Giving comprises over 1,000 initiatives and programmes which cover six main themes, namely corporate social responsibility (CSR), volunteerism, the developmental role of humanitarian organisations, legislative systems and government policies, media, and serving the nation.

In his keynote speech, H.E. Al Mansoori said: “Organising this year’s conference is particularly important in light of the UAE’s move to declare 2017 as the ‘Year of Giving’. The wise leadership is taking a number of relevant steps to develop an integrated framework aimed at spreading the initiative’s principles and encouraging active participation of the government and private sectors at the institutional and individual levels.”

The UAE’s Minister of Economy noted that the government is keen on building a more systematic CSR methodology by offering incentives and monitoring, and putting key indicators into place that measure the initiatives’ progress and their benefit to society. Dubai Chamber’s President and CEO said that forming a united vision for CSR and sustainability in the UAE is one of the main objectives of the Dubai Dialogue conference as it enables organisations to share knowledge, experiences, and best practices in this field.

“Corporate social responsibility is at the core of the Year of Giving strategy, which comprises many initiatives that will have a direct and significant impact on the UAE’s business community and society at large,” added H.E. Buamim.

The 11 initiatives for CSR include incentives, facilities, and financial privileges. Among the financial privileges is the ‘Responsible Procurement’ initiative, which will be implemented in cooperation with the financial departments of the various emirates. It aims to allocate a percentage of government contracts to outstanding companies in the field of CSR. The ministry will also launch the ‘CSR Label’ and ‘CSR Passport,’ which will be awarded to the five most innovative companies in the field.

Another initiative is the establishment of the ‘coordinating forum for CSR.’ The forum will be organised in cooperation with the UAE Chambers of Commerce and Industry, to provide platforms for regular communication in order to build partnerships between private sector companies and leaders of the humanitarian and charitable sectors.

“The country’s leadership has a vision to establish the position for the UAE to be the most giving of the world,” added Al Shehhi.

11 initiatives within the Corporate Social Responsibility (CSR) programme:

1. The Smart CSR website to be launched

2. CSR annual report to be published

3. National CSR index to rank companies based on CSR spending

4. CSR Label

5. CSR Passport

6. Monetary incentives for outstanding companies in the CSR field

7. Mandatory annual declaration of CSR projects

8. Coordinating forum for CSR

9. Annual announcement for CSR

10. Responsible procurement

11. Work committees for CSR

Dynamics 365 for Finance and Operations.

June 7th, 2017

Dynamics 365 Enterprise Edition with Dynamics 365 for finance and Operations

interoperability is provided to this modern, enterprise, ERP by: the Common Data Model, Power Apps, and Flow.

What does that really mean?
Dynamics 365 for Operations is written in HTML 5 and all the functionality can be used on almost any device from anywhere including mobile device from iPhones to android tablets.

Dynamics 365 for Enterprise Edition brings togetherall your businesses pieces : ERP (Dynamics 365 for Finance and Operations), Adobe Marketing Cloud CRM, Office 365, Cortana, Power BI, Microsoft Azure, and the Azure IoT suite.

This seven suite package is one unified software system that helps you run your business easier. The enterprise edition package handles:
• Operations
• Field Service
• Project Service Automation
•Customer Service

And all from one integrative, communicative, familiar platform extended further with Power Bi, Power apps and Flow functionality with a managed environment, telemetry and much more.

Workspace: The workspace or dashboard is a list of your most commonly used items; if you cannot find what you need on the workspace the module will have it.

Dashboard: A user interface that organizes and presents your job functions information in a way that is easy to read.

Recently Viewed: A list of all links that have been recently viewed in the software.

Module: Functional compartments of the software; 33 in total allowing access to anything your job functions require from accounts payable to warehouse management.

The software is designed to make your work life easier, and your employees happier. That is a winning combination for your business. An example of this is exemplified in the dashboards and workspaces alone.
These two features alone can increase productivity by as much as 40% considering a worker’s time is lost when switching between tasks. This productivity waste costs the global economy $450B per year.

Watch this video for a taste of Power Bi reporting?

What is the difference between Dynamics 365 for Operations and Dynamics 365 Financials?

Dynamics 365 has two editions, Enterprise and Business editions. The Enterprise edition is optimized for 250+ employees and includes the capabilities of Dynamics CRM Online and Dynamics AX products that existed in market pre Q4CY16. The Business edition is optimized for 10-250 employees and includes Dynamics 365 for Financials. Business edition and is not inclusive of Dynamics GP, Dynamics NAV or Dynamics SL.

What is the difference between Dynamics 365 Enterprise Plan 1 and Plan 2?

Enterprise Edition Plan 1 gives you the flexibility to work with any app functionality. Plan 1 includes flexibility to use Dynamics 365 for Sales, Dynamics 365 for Field Service, Dynamics 365 for Customer Service, Dynamics 365 for Project Service Automation, and full PowerApps P2. Licensing becomes simpler because all Plan 1 business application rights are included.

Why would I need Plan 2?

Plan 2 adds Microsoft Dynamics 365 for Operations to the Enterprise edition of Dynamics 365. Dynamics 365 for Operations provides cloud-based ERP designed to help your entire enterprise work smarter with connected systems—including financials, demand planning, supply chain management, project management, project accounting, human resource management, retail, and much more.

Where did CRM go?

CRM is alive and well, but is packaged differently since the release of Dynamics 365 Enterprise and Business Editions. Dynamics 365 delivers the full spectrum of CRM through five individual apps— Sales, Customer Service, Field Service, Project Service Automation, and Marketing —that work seamlessly together. So you can implement just what your business needs now, and add others as those needs grow.

When you are a current Dynamics CRM Online customer you’ll find that converting to Dynamics 365 will require considerable thought. There is no direct relationship between the previous structure and the new structure. Instead of levels (essential, basic and professional), you’re now providing access to users based on their job function. In the end, it is a better fit all around but reaching out to your partner or Indirect CSP for help will make life much easier.

A Dynamics 365 (online) subscription doesn’t include Office 365 applications such as Exchange Online or SharePoint Online. You can significantly enhance your company’s online, collaborative experience by integrating Office 365 applications with your Dynamics 365 (online) subscription. However, that requires a separate purchase.
Is Dynamics AX still for sale?

Microsoft has recently extended the mainstream support date of AX 2012 R3 to October 2021. This is perfect for companies who have recently implemented AX 2012 R3 and those requiring more time to migrate to AX7 and Microsoft Azure.

Dynamics 365 for Operations will be available to purchase on-premise starting this month, June 2017 The special caveat to remaining on premise is as follows: The on-premise data will not benefit from Microsoft’s intelligence capabilities of embedded analytics, machine learning, or other capabilities available to cloud subscribers. An Azure AD tenant will be needed.

Synergy Software Systems has been leveraging the power of Microsoft Dynamics AX since the pre-cloud days when Dynamics 365 for Operations was called Axapta and we have implemented and supported it for 15 years since v 2.5. Synergy Software Systems has also implemented and supported Dynamics CRM since its launch for almost 10 years. That reflects our partnership with Microsoft since 1993.