A very well attended conference by the leading global Microsoft Dynamics Finance and SCM partners enjoyed a packed day heavily focused on the impact and opportunities of AI both within the application and for the operation of partner practices and services.
Several Microsoft representatives attended and there were 3 separate Microsoft presentations
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Microsoft Dynamics 365 for Finance and Supply Chain (FSCM) is Microsoft’s flagship and most capable ERP solution. With advanced functionality, superior architecture and single source application, D365 FO is the natural choice for larger enterprises who often demand multi-site, multi-country, multi-lingual capabilities.
We have had a rich history of success with large international organisations implementing its predecessor Microsoft Dynamics AX, and D365 FSCM takes the power of AX to a different level!
It provides accessibility – anywhere, anytime via a browser-based user experience that enables users to access the system from any location and on any device.
Functionality includes: Finance (GL, AR, AP, Cash and Bank, FA, Budgets, Costing,) Sales, Purchasing, Planning, Advanced Warehouse Management, Discrete, Process and Lean Manufacturing, Master planning ATP and CATP, Retail, Project Management and Accounting, Asset Management, and Public Sector. modules. This is supported by numerous reports and dashboards and an in built Financial Reporter tool, and in built tools for case management, and workflow management.
As a Microsoft solution there is already integration with Azure technologies such as Microsoft Fabric, Microsoft 365 office productivity tools, Power apps and Power Bi, SharePoint and much more, all wrapped around with Microsoft security and platform management .
In addition, there are also numerous Apps available which extend the standard functionality and provide additional ISV and vertical solutions for example Synergy offers its own:
If you are looking for an enterprise multi county ERP system, or seeking to move upwards and onwards from Dynamics Ax, Dynamics GP or NAV, or other ERP systems the you will appreciate all that FSCM has to offer. However, you might just be a little nervous of how go forward with a multi company system, how long will take, how much will it cost and million other questions.
Synergy Software Systems is the oldest partner in the region and was the first Gold Partner for Dynamics Ax. We have a large mature team of consultants, professionally certified by Microsoft, who have helped guide other enterprises faced with the same challenges. Consultants are based here in Dubai, and we have a manned helpdesk through our working hours – one reason we received the Highest Customer Satisfaction Award from Microsoft.
Put your worries behind you and seize the future and call us on 0097143365589 for impartial, informed advice.
Positioned by Gartner, Inc. as a Leader in the 2023 Gartner® Magic Quadrant™ for Robotic Process Automation research report, UiPath was named a Leader for the fifth year in a row.
The Magic Quadrant evaluated 16 enterprise RPA vendors to help enterprises make the best choice for their organization’s automation needs. In this report UiPath was positioned highest for Ability to Execute.
The 2023 Gartner®Magic Quadrant for Robotic Process Automation research report states, “By 2025, 90% of RPA vendors will offer generative-AI-assisted automation.”
UiPath is pioneering innovation in AI-powered automation. The UiPath Business Automation Platform is adding more AI offerings with Generative AI, including the general availability of OpenAI and Azure OpenAI connectors with support for GPT-4.
UiPath customers are already using the OpenAI connector to extend automation deeper into business operations to turn data into actionable insights.
UiPath has announced support for the Falcon Large Language Model (LLM) via its Amazon SageMaker connector, and the preview of the Google Vertex connector with support for PaLM 2.
The company’s Specialized AI solutions include over 70 models that enable customers to understand screens, mine tasks, process documents, and utilize unique and proprietary data sets within enterprise workflows.
“We believe AI-powered automation will support all knowledge work and accelerate human achievement. To make Generative AI work for businesses everywhere, we are taking an approach that addresses challenges and unlocks opportunities. The UiPath platform deploys Specialized AI and automation to serve as Generative AI’s powerful allies. Crucially for enterprise use, we can train Specialized AI securely with proprietary data and optimize models for a business’ specific needs, resulting in more accurate, efficient, and cost-effective solutions. We take an open and flexible approach so customers can create the most strategic mix of AI and automation solutions, leveraging the strengths of each technology and mitigating their respective challenges.”
The UiPath Business Automation Platform is quickly evolving from purely an RPA solution to so much more. UiPath provides an end-to-end set of AI-powered automation capabilities for customers to drive unified enterprise automation strategies. This includes new prebuilt solutions for key verticals like finance, healthcare, manufacturing, and insurance.
Check out the report to learn more about where RPA stands today—and why UiPath was recognized as a Leader.
Call us to request a copy: 0097143365589
Gartner, Magic Quadrant for Robotic Process Automation, By Saikat Ray, Arthur Villa, Melanie Alexander, Andy Wang, Mukul Saha, Sachin Joshi, 2 August 2023
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Innovation, impact, and future trends shaping enterprise adoption
Generative AI has quickly become the number one topic for enterprise yet the ability to effectively deploy this new automation technology is still immature.
However a few forward thinking companies are already successfully applying Generative AI to improve business operations and create new value in their markets.
A new study conducted by UiPath and Bain & Co. identified several key factors that differentiate the high performers from the pack..
We are now 20 years into a reconfiguration of business brought about by the Internet and the impact of an inexpensive high speed global data network on business practices for example remote team and home working during covid lockdowns. This advance has also driven a move to increased use of outsourced operations to seamlessly move work from high cost to low cost labor markets. Two decades later, this opportunity to improve efficiency has largely been fully exploited exhausted . While promises o be the best current method for continuing improvement, many companies have failed either to start adoption or to achieve promised benefits.
Generative AI offers a chance to companies that have yet to scale technologies like enterprise automation. Bain and UiPath conducted a series of executive interviews and a survey of 200 companies. They found the enthusiasm for significant impact from this artificial intelligence is high but also confirmed that if key lessons are not learned then his new automation wave may also not be able live up to its potential.
If you are seeking to enhance your business processes with Robotic Process Automation or Generative Ai then contact us for an exploratory discussion and a complimentary copy of the report:
Call us now on 00971 4 3365589
(Synergy Software Systems was the first GCC certified Gold Parnter)
On 3 November 2023, the UAE introduced the new Ministerial Decision 265 of 2023, to replace the previous Ministerial Decision 139 of 2023, which came into effect from June 1, 2023. This change offers relief for traders operating in non-designated free zones, such as global entities established in DMCC.
Ministerial Decision No. 265 lists the trading of Qualifying Commodities as a Qualifying Activity, for 0 per cent corporate tax rate for income generated from physical trading of various commodities on recognized stock exchanges. It also covers derivative trading income used for risk hedging in such trading activities.
Furthermore, the Ministerial Decision provides clarity on the scope of Qualifying and Excluded Activities, offering transparency to free zone businesses.
‘Trading of Qualifying Commodities’
Trading of Qualifying Commodities refers to the physical trading of qualifying commodities and associated derivative trading used to hedge against the risks involved in these activities. Qualifying Commodities include: metals, minerals, energy, and agricultural commodities traded in their unprocessed form on a Recognized Commodities Exchange Market.
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