Identity authentication is a crucial part of any fraud protection and access management service. That is why Microsoft Dynamics 365 Fraud Protection and Microsoft Azure Active Directory work well together to provide customers a comprehensive authentication seamless access experience. In this blog of our fraud trend series, we explore how proper authentication prevents fraud and loss before it happens by blocking unauthorized or illegitimate access to the information and services provided. Check out our previous blogs in this series where we explore fraud in the food service industry, holiday fraud, and account takeover.

While most places still have some degree of lockdown in place, people must rely on online services more than ever before, from streaming and ordering takeout to mobile banking and remote connection. Today users have to manage more accounts than ever before. Each of these online services can be compromised and their identity stolen. While total combined fraud losses climbed to $56 billion in 2020, identity fraud scams accounted for $43 billion of that cost, according to Business Wire. Businesses need to have a way of protecting their users even when their identity has been compromised.

A good identity and access management (IAM) protects users, a great IAM does it without being seen. Customers today already must deal with too many MFA, 2FA, CAPTCHA, and other hurdles to prove their identity. While these are important tools to differentiate humans from bots, they can also be a pain to deal with. That is why leading IAM companies are working to stay ahead of the competition by enabling inclusive security with Azure Active Directory and Dynamics 365 Fraud Protection.

These capabilities will help you protect your users without burdening users

• Device fingerprinting. Our first line of defense, before users attempt an account creation or login event. Using device telemetry and attributes from online actions we can identify the device that is being used to a high degree of accuracy. This information includes hardware information, browser information, geographic information, and the Internet Protocol (IP) address.
• Risk assessment. Dynamics 365 Fraud Protection uses AI models to generate risk assessment scores for account creation and account login events. Merchants can apply this score in conjunction with the rules they’ve configured to approve, challenge, reject, or review these account creation and account login attempts based on custom business needs.
• Bot detection. An advanced adaptive artificial intelligence (AI) quickly generates a score that is mapped to the probability that a bot is initiating the event. This helps detect automated attempts to use compromised credentials or brute force DDOS attacks.
• Velocities. The frequency of events from a user or entity (such as a credit card) might indicate suspicious activity and potential fraud. For example, after fraudsters try a few individual orders, they often use a single credit card to quickly place many orders from a single IP address or device. They might also use many different credit cards to quickly place many orders. Velocity checks help you identify these types of event patterns. By defining velocities, you can watch incoming events for these types of patterns and use rules to define thresholds beyond which you want to treat the patterns as suspicious.
• External calls. External calls let you ingest data from APIs outside Dynamics 365 Fraud Protection. This enables you to use your own or a partner’s authentication and verification service and use that data to make informed decisions in real time. For example, third-party address and phone verification services, or your own custom scoring models, might provide critical input that helps determine the risk level for some events.
• Azure Active Directory External Identities. Your customers can use their preferred social, enterprise, or local account identities to get single sign-on access to your services. Customize your user experience with your brand so that it blends seamlessly with your web and mobile applications. Explore common use cases for External Identities.
• Risk-based Authentication. Most users have a normal behavior that can be tracked. When they fall outside of this norm, it could be risky to allow them to successfully sign in. Instead, you may want to block that user or ask them to perform a multi-factor authentication. Azure Active Directory B2C risk-based authentication will only challenge login attempts that are over your risk threshold while allowing normal logins to proceed unhampered.

Next steps

Learn more about Dynamics 365 Fraud Protection and other capabilities including how purchase protection helps protect your revenue by improving the acceptance rate of e-commerce transactions and how loss prevention helps protect revenue by identifying anomalies on returns and discounts. Check out our e-book “Protecting Customers, Revenue, and Reputation from Online Fraud” for a more in-depth look at Dynamics 365 Fraud Protection.

The post Fraud trends part 4: balancing identity authentication with user experience appeared first on Microsoft Dynamics 365 Blog.

All businesses operate in a competitive environment and customer experience (CX) is top of mind as we rise to today’s challenges of finding ways to differentiate, delivering on business goals and meeting increasing customer demands. Customers expect great experiences from the companies they interact with and companies that deliver superior experiences build strong bonds with their customers and perform better.

Microsoft Dynamics 365 Marketing is the secret weapon that will help you elevate your CX game across every department of your company, whether it’s marketing being tasked with driving growth, or the sales department optimizing in-store and online sales, or the customer service department driving retention, upsell and personalized care. With AI-assistance, business users can build event-based journeys that reach customers across multiple touchpoints, growing relationships from prospects, through sales and support.

Today marks a monumental event for Dynamics 365 Marketing: the much-anticipated real-time customer journey orchestration features are making their preview debut! Rich new features empower customer experience focused organizations to:

• Engage customers in real time.
  • With features such as event-based customer journeys, custom event triggers, and SMS and push notifications, organizations can design, predict, and deliver content across the right channels in the moment of interaction, enabling hyper-personalized customer experiences.
• Win customers and earn loyalty faster.
  • Integrations with Dynamics 365 apps make real-time customer journeys a truly end-to-end experience.
• Personalize customer experiences with AI.
  • Turn insights into relevant action with AI-driven recommendations for content, channels, segmentation, and analytics.
  • Customer Insights segment and profile integration allows organizations to build deep 1:1 personalization.
• Grow with a unified, adaptable platform.
  • Easily customize and connect with tools you already use.
  • Efficiently manage compliance requirements and accessibility guidelines.

Some of Dynamics 365 Marketing’s standout features are listed below. To read about all of the new features, check out the real-time customer journey orchestration user guide or see a demo of the real-time marketing features in action from Microsoft Ignite 2021.

1. Real-time, event-based customer journey orchestration

Looking for a better way to engage your audience over pre-defined segment-based marketing campaigns? Look to moments-based interactions that allow you to react to customers’ actions in real time with highly personalized content for each individual customer. These moments-based customer-led journeys are easy to create with our new intuitive customer journey designer which is infused with AI-powered capabilities throughout. You can orchestrate holistic end-to-end experiences for your customers that engage other connected departments in your company such as customer service, sales, commerce systems, and more. What’s even better? You don’t need a team of data scientists or developers to implement these journeys let the app do the heavy lifting for you. Use point-and-click toolbox in the designer to create each step in the journey, and AI-guided features to create, test, and ensure your message is delivered in the right channel for each individual customer.

2. Event catalog with built-in and custom events for triggering customer journeys

Journeys created with Dynamics 365 Marketing are customer led, they can start (or stop) when an event is triggered and can be executed in real time. “Events” are activities that your customer performs, including digital activities like interacting on your website, or physical ones like walking into a store and logging onto the Wi-Fi. Event triggers are the powerhouses behind the scenes that make it all happen, and you can create them quickly and easily by using built-in events from the intuitive event trigger catalog or creating custom events that are specific to your business.

By strategically using event triggers you can break down silos between business functions. Gone are the days of tone-deaf, disconnected communications from different departments, now you can deliver a congruous end-to-end experience for each of your customers.

3. Hyper-personalize customer journeys using data and insights from Dynamics 365 Customer Insights

Dynamics 365 Marketing goes beyond a typical marketing automation tool by leveraging the power of data, turning that data into insights, and activating it. Microsoft’s customer data platform, Dynamics 365 Customer Insights, makes it easy to unify customer data, augment profiles and identify high-value customer segments. You can use this profile and segment data in Dynamics 365 Marketing to fine tune your targeting and further refine your journeys so that you can drive meaningful interactions by engaging customers in a personalized way.

4. Author personalized emails quickly and easily using the new email editor

The completely new, intuitive, and reliable Dynamics 365 Marketing email editor helps you to produce relevant emails with efficiency and ease. The modern layout with the redesigned toolbox and property panes makes everything simpler to find. Personalization is also streamlined just click the “Personalization” button to navigate through all available data so you can customize your messages with speed and ease.

You can also take advantage of new AI-powered capabilities within the editor like AI-driven recommendations to help you to find the best media to complement the content in your messages. We make it easy to create professional emails with advanced dynamic content resulting in messages that better resonate with your customers.

5. Create and send personalized push notifications and SMS messages

Because email is not the only channel to reach your customers, we have also streamlined personalization across SMS messages and push notifications and made both editors easy and intuitive to use so you can create beautiful, customized messages to keep your customers engaged throughout transactional communications, marketing campaigns, and customer service communications. Using these additional channels enables you to react to customer interactions across touchpoints.

6. Search, manage, and tag your digital assets with a new centralized asset library

The new centralized asset library is the cherry on top of all channel content creation within Dynamics 365 Marketing. The new centralized library lets you upload files then AI automatically tags them for you. You can then search, update and add or delete images. No matter where you’re accessing the centralized library from, you’ll have access to the latest assets for your company helping you to build successful multitouch experiences for your customers.

7. Improve journey effectiveness with a built-in cross-journey aggregate dashboard

At the end of the day, you want to know if your customer journey is meeting its objectives. Dynamics 365 Marketing not only helps you to easily set the business and user-behavior goals for your customer journeys, it tracks progress towards those goals and gives you a clear dashboard with the results so you can troubleshoot areas of friction or see what’s working so you can recreate that same approach in other journeys. The new built-in analytics dashboard also makes it easy to view results and act upon cross-journey insights to further optimize individual journeys.

These preview capabilities are now available to customers who have environments located in the U.S. datacenter, and will be available to customers with environments located in the Europe datacenter starting early next week. When you log into the product, a notification banner will let you know when the preview capabilities are available for you to install. You can install these from the settings area of your app. If you are not a Dynamics 365 Marketing customer yet, get started with a Dynamics 365 Marketing free trial to evaluate them.

We look forward to hearing from you about the release wave 1 updates for Dynamics 365 Marketing and stay tuned, we have a lot more coming!

The post Microsoft Dynamics 365 Marketing customer journey orchestration preview now available appeared first on Microsoft Dynamics 365 Blog.

As the pace of manufacturing accelerates to meet demands across global customers, organizations are struggling to rapidly train and upskill workers on factory lines and the production floor. In fact, up to 2.4 million U.S. manufacturing jobs could remain unfilled between 2018 and 2028 due to this challenge.¹

Today we’re introducing an exciting update to Microsoft Dynamics 365 Guides that promises to improve the way frontline workers access digital guidance in real-world scenarios, empowering them with hands-on opportunities to learn new and revised technical skills on-site. By engaging employees in hands-on, experiential learning, they are better able to retain and apply new skills to meet evolving job demands.

State of learning today

Traditional classroom training methods are not only expensive to implement and maintain but also are often ineffective. On average, employees only apply about 54 percent of new skills learned and business leaders are similarly disenfranchised.² 88 percent of human resource leaders are looking to invest in new technologies and 84 percent of business leaders want to rethink their workforce experience.³ At Microsoft, we see an opportunity to shift the way employees learn by providing organizations with the technology to attract, train, and maintain their workforce. Instead of static, hundred-page manuals that employees consume in a classroom, employees move towards immersive and collaborative experiences that are incorporated into daily workflows. With an estimated 97 million new jobs created by the year 2025, organizations need to provide employees with greater operational knowledge and a seamless, improved way to learn on the job.⁴ The question is, where do you get started?

On-the-job guidance with Dynamics 365 Guides and Azure Object Anchors

Dynamics 365 Guides is the mixed reality solution for organizations looking to accelerate upskilling and empower employees with transformational learning experiences. With Dynamics 365 Guides, employees can author step-by-step workflows with holograms on a head-mounted display to effectively imitate real-world scenarios.

Visual overlays and markers hover over the next step, using visual reinforcements to help improve muscle memory and reduce downtime.

Non-linear guides can incorporate branching logic to account for skill level and workflow variability in which users can easily select the option best fits their skillset or situation.

Operators can stay in the flow of work while following step-by-step instructions overlaid directly in front of them, empowering employees to learn on the job and reduce downtime spent in a classroom.

Yesterday at the Microsoft Business Applications Summit, we announced the latest development: Dynamics 365 Guides with Azure Object Anchors. Azure Object Anchors enable users to automatically align digital content with physical objects, eliminating the need for QR-code markers while improving alignment accuracy. Using Dynamics 365 Guides and Azure Object Anchors, operators can easily move from one workstream to the next as HoloLens’s spatial insight detects anchors and seamlessly launches overlaid digital content. Organizations can move from a manual process, often ripe with inaccuracies, to a walk-up and work experience that improves user learning and reduces errors.

Azure Object Anchors is a recent example of the innovation that stems directly from customer feedback, and we’ve seen it in use recently at Toyota Japan, where they used Azure Object Anchoring to place digital markers in their environment to improve process efficiencies. Without the need for physical markers, Toyota was able to incorporate Azure Object Anchors across dealerships to help technicians get up and running much faster. We are excited to bring this new capability to Dynamics 365 Guides to improve the workflow experience and unlock additional operational efficiencies.

Innovative solutions and technology are needed to address the growing skills gap faced by many industries. As organizations eschew the status quo and adopt experiential learning solutions, like Dynamics 365 Guides, they are better prepared to meet this challenge and empower their employees to learn on the job more effectively.

Learn more about Dynamics 365 Guides and Azure Object Anchors.

¹Deloitte Insights and the Manufacturing Institute, 2018 Deloitte and the Manufacturing Institute Skills Gap and Future of Work Study, 2018

²Baker, Mary. “Stop Training Employees in Skills They’ll Never Use.” Smarter With Gartner, August 28, 2020.

³Deloitte Human Capital Trends 2019, “Leading the Social Enterprise: Reinvent with a Human Focus,” Deloitte, 2019.

⁴Russo, Amanda. “Recession and Automation Changes our Future of work, but there are Jobs Coming,” World Economic Forum, 2020.

The post Improve on-the-job guidance with Dynamics 365 Guides and Azure Object Anchors appeared first on Microsoft Dynamics 365 Blog.

Dynamics 365 Customer Service 2021 release wave 1 includes a new, intuitive timer control that displays service-level agreement (SLA) milestones for service cases or any SLA-enabled entity. The new timer addresses key feedback that we received from our customers. The timer is optimized to display SLA metrics, and it supports the display of multiple SLA metrics at the same time.

The SLA timer can be added to SLA-enabled entity forms, and the timer then tracks all SLAs associated with that entity. The timer shows the remaining time with a ticking timer, displays the latest status, and offers a refresh option so that agents can be sure they are seeing the latest status.

Here’s an example of an SLA timer control that shows all the SLAs with their time remaining, status, and timestamp of the last update:

Key capabilities

These key capabilities of the new timer improve agent experience:

• Near-real time ticking timer: For each SLA, the timer shows the time in days, hours, minutes, or seconds, depending on the remaining time.
• Multiple SLA KPIs: The timer control shows all the SLA KPIs applicable to that case or entity.
• Distinct icons for each status: Distinct and clear icons indicate each possible status so that agents can immediately understand the state of their SLAs. For example, the status can show hold/paused, succeeded, failed/expired, nearing noncompliance, in-progress, or canceled.
• Dynamic icons show near-real time progress: For every SLA, a dynamic icon progresses and is updated in near-real time.
• Manual refresh and timestamp: An icon in the grid allows agents to manually refresh the status of all SLA KPIs without having to wait for an auto-refresh. The timestamp of last refresh is also updated.

Configuration options give admins more control over SLA timers

Administrators enable the timer control on their entity forms depending on business needs. There are a few configuration options to provide the optimal experience to the agents, and admins can use the classic form designer to configure the SLA timer control.

The following configuration options are available:

• Filter SLA KPIs: Choose the SLA KPIs to be shown on the form. Control the view by using Data source and views.
• Update frequency: Choose how frequently all the SLA KPIs will be automatically updated with the latest status. We recommend that you use an auto-refresh interval of 30 minutes or greater for optimal form performance.

Next steps

To learn more about the SLA timer control and how to configure it, read the documentation:

Add an SLA timer to an SLA-enabled entity

Timer control for SLA-enabled entities

Define service-level agreements

Manage service configuration settings

The post Improved SLA timer control helps agents track KPIs appeared first on Microsoft Dynamics 365 Blog.

It’s amazing how much change we’ve seen across the world in a year.

One year ago, all of us were adapting to a world in lockdown. At today’s Microsoft Business Applications Summit, the worldwide community comes together still dealing with the ongoing effects of the COVID-19 pandemic.

Even as challenges continue to reverberate across industriesfrom supply chain disruptions to recurring restrictionsmost businesses are taking steps toward recovery. They’re taking stock of vulnerabilities and opportunities across their organizations, markets, and industriesand the steps needed to move forward into the future.

That’s why today’s Microsoft Business Applications Summit is so timely. As global business communities set sights on what’s next, today’s event is an opportunity for the Microsoft Dynamics 365 and Microsoft Power Platform community to come together, assess what we’ve learned over the past year, and explore ways to proactively reimagine every layer of business.

Building the agile digital business

Everyone joining the Microsoft Business Applications Summit plays an integral part in moving business forward. Today, we are sharing stories of people and teams transforming the way they do business to be more adaptable, innovative, and impactful.

This past year demonstrated that businesses with a strong digital foundation can push the boundaries of what’s possible and achieve more, even when faced with a global crisis. Without digital capabilities, it’s next to impossible to adapt to rapid change.

At Patagonia, a leader in outdoor clothing and gear, the pandemic accelerated a journey to deliver more meaningful customer experiencesin ways no one expected. Before the crisis, the organization was preparing to move its direct-to-consumer business and selling channels onto Dynamics 365. When lockdowns shut down physical locations, from offices and retail stores to call centers and warehouses, the team turned to Microsoft Teams to coordinate the launch and rapidly adapt operations to a new retail model. With retail locations closed to customers, the team leveraged distributed order management capabilities in Dynamics 365 to turn retail locations into mini-warehouses, keeping employees working and online orders fulfilled, followed by curbside pick-up.

Equipped with the right digital capabilities, the teams at Patagonia demonstrated incredible agility in the face of changepivoting complex operations nimbly and quickly to keep customers equipped with the outdoor gear they depend on.

New ways to connect with your community

Patagonia’s story reminds us that, together, as a team, we can accomplish great things. In a year defined by keeping one’s distance, it’s critical to help our community stay connected.

Today, more than775 user groups bring together more than 2.85 million active community members to connect, learn, and engage one another on topics related to Microsoft technologies. The Microsoft Power Platform and Dynamics 365 communities connect you directly with Microsoft, your industry peers, and high-value content in a diverse, supportive environment.

Today we are introducing a new user group experience with tools to help you find, join, start, and run local user groups for Dynamics 365 and Microsoft Power Platform.

We are supporting the user groups with an administrative team and connection to local Microsoft employees around the world. You can engage with experts to answer questions, learn about the latest innovations, and influence future product roadmaps.

Our goal is to enable a global network of local user groups that are Microsoft-supported and community-led. We invite you to explore the preview of the new experience and get started by creating or joining a local user group.

Helping you move business forward

It’s been a tough year. Every business has had to make difficult decisions, rethink plans, and readjust to conditions few could predict in advance. Moving forward means reshaping the business now to be prepared for future disruptions, large and small. That’s why we are dedicated to continuously providing the technology you need to build agility and resiliency into every layer of your business.

In April, we launched a six-month wave of hundreds of new capabilities, feature updates, and applications across Dynamics 365 and Microsoft Power Platform. This release wave continues our dedication to empower everyone to make an impact with technology that surfaces insights and guidance to the next best step, across every department. By harnessing the data generated across your business, everyone across the company can break through barriers to perform their best and focus on what’s best for the customer.

One way we are bringing this vision to life is by helping you deliver consistent, personalized customer experiences across every touchpoint, from the first point of awareness of your brand through purchase and service, both from the call center and in the field. Today at the Microsoft Business Applications Summit, we’ll catch you up on the latest marketing technologies that help you engage individual customers at scale.

In our keynote presentation, we will demonstrate how the Los Angeles Clippers are able to make game night more personalized by engaging fans with the experiences they prefer. They can now use Dynamics 365 Customer Insightsthe Microsoft customer data platform (CDP)to connect data from a variety of sources to gain a comprehensive view of fans’ preferences and use Dynamics 365 Marketing to orchestrate customer-led journeys in real-time to deliver hyper-personalized experiences for fans on game night. With the combined power of Dynamics 365 Customer Insights and Dynamics 365 Marketing, organizations can deeply understand customer behavior and intent and leverage real-time insights to personalize journeys at scale, unlocking new ways to attract, engage, and delight customers with a more human and empathetic approach.

With the new integration between Dynamics 365 Customer Insights and Microsoft Advertising, advertisers can now create and export limitless set of customer segments from Dynamics 365 Customer Insights into the Microsoft Advertising platform to target on the Microsoft Search Network and Microsoft Audience Network using Customer Match targeting. These segments can be also used on third-party destinations including Google Ads, Marketo, MailChimp, dotdigital, SendGrid, and Autopilot.

Learn more by joining sessions focusing on Dynamics 365 Marketing and Dynamics 365 Customer Insights, including the featured session, “Customer engagement transformed: hyper-personalize experiences to drive better business results.”

Microsoft Power Platform: Making your business more flexible

Innovation and problem solving doesn’t happen in a vacuum. Everyone in the business can play a role in moving the business forward with the right set of digital tools. Our vision for Microsoft Power Platform is to empower every creator in your company to build business solutions, increase collaboration between business and IT teams, and inject more flexibility into your business.

Humana, a U.S.-based healthcare innovation and community wellness company, is helping to bring this vision to life. In response to the COVID-19 pandemic, Humana used Microsoft Power Platform to rapidly build solutions catering to the needs of their millions of Medicare and specialty members and vulnerable communities during the COVID-19 pandemic. In our keynote presentation, we will demonstrate one of the solutionsa vaccine scheduler and community tracking applications to help members book vaccination appointments with local providers.

As part of this demo, we will also spotlight goals in Power BI, launching in preview today. Goals enables teams to easily curate business metrics that matter most and aggregate them in a unified view. From there, teams can measure progress against their goals, proactively share updates with their teammates, and dive deeper into their data when something needs further analysis. Attend today’s sessions on the Power BI roadmap and new features announcement, and read this overview to learn more.

With Microsoft Power Platform, anyone can solve business challenges with low-code apps, or automate common processesat scale, across departments, or on one’s desktop. Barriers that have blocked innovation and productivity for years are removed.

Join the conversation at Microsoft Business Applications Summit

There’s much more to explore at the Microsoft Business Applications Summit. In addition to the sessions above, we invite you to explore the full catalog of learning sessions and product roundtables. We also invite you to connect, learn, and share with peers and experts to ask questions, engage in discussions, and view content in the Microsoft Power Platform and Dynamics 365 communities.

For more details about what’s new for Dynamics 365 and Microsoft Power Platform, explore recent product updates and the 2021 release wave 1 plans.

The post Live from Microsoft Business Applications Summit 2021: Moving forward faster, together appeared first on Microsoft Dynamics 365 Blog.

Even with 195 countries across the globe, today, our world can feel like a small place. We live in a time when you can instantaneously communicate with people who are on the other side of the planet. The digitalization of commerce means that we can quickly buy goods from all over the world. And with teleconferencing, we can even purchase services globally without the additional cost of travel. As consumers, the web has drastically changed our expectations of how and where we can transact business. Whereas global expansion used to be for big multinational brands who had the resources to address the complexities of serving local markets, the internet has made globalization a must for companies of all sizes.

While global expansion has many strategic advantages, such as a broader reach, new suppliers, and more revenue streams, it also introduces significant complexity. Trying to compete online in foreign markets or open offices in new countries can make you quickly realize the vastness of our world. With different languages, currencies, date formats, time zones, regulations, laws, taxes, banking requirements, and cultural differencesyou need the right adaptation strategies to seize the opportunities provided by effective global operations. Learn what’s new in Microsoft Dynamics 365 Finance and Globalization in our product updates.

Simplify global operations

At Microsoft, we are helping companies by making it easier for businesses to manage complex global operations, expand more efficiently, and operate more effectively around the world. The Microsoft operations apps include built-in localization and regulatory support for 43 countries and regions and are translated into 48 languages, with partners worldwide providing additional localization solutions (over 50 plus localization extensions have been published on Microsoft AppSource). And with the 2021 release wave 1, we are doing even more to help organizations manage their global operations with global expansion support, new electronic invoicing, and tax calculation services.

Expand globally with more out-of-the-box localizations

We extended support to five new countries and regions in October 2020, and we will be adding support for Egypt in May. We will continue to expand our support for country localizations, targeting regulatory requirements and languages based on demand and market opportunities.

Go paperless with electronic invoicing

Many governments now require electronic invoicing as it reduces tax fraud and accelerates the invoicing process. Businesses are also moving to electronic invoicing as it lowers costs and reduces manual data entry while also improving traceability and reducing end-to-end processing time.

Electronic invoicing also allows companies to quickly adapt systems and processes to what can often be an ever-changing regulatory environment. As a means of digitizing tax and minimizing tax evasion and fraud, governments are increasingly implementing mandatory e-invoicing, forcing buyers and sellers to register invoices with tax authorities electronically when a transaction occurs. Whether you are entering new markets or evolving software to meet new government regulations, e-invoicing provides substantial benefits to your business.

The updated electronic invoicing will roll out for Dynamics 365 Finance, Dynamics 365 Supply Chain Management, and Dynamics 365 Project Operations with other applications to follow in subsequent releases. The new hyper-scalable multitenant service enables configurable formats, processing of electronic invoice documents, and configurable document exchange. The new service allows companies to:

• Provide a consistent experience in electronic invoice processing and exchange across different geographies.
• Quickly and cost-effectively configure and exchange electronic invoices in the required local formats for business-to-business and business-to-government transactions.
• Accelerate invoice delivery by going paperless, speeding up processes, and improving traceability with configurable electronic invoice documents and exchanges.
• Simplify adherence to the latest electronic invoicing standards in different countries and regions.

Learn more about how electronic invoicing expands capabilities for Dynamics 365 business applications, or visit our electronic invoicing overview.

Improve compliance with tax calculation

The digitalization of tax and the steady stream of indirect tax regulations that global businesses encounter, such as VAT and GST, have further complicated existing processes by introducing new industry and compliance risks that challenge leaders in every global enterprise.

Tax calculation allows you to improve compliance with associated local regulations. The new configurable microservice (preview) enhances the tax determination and calculation capabilities in Dynamics 365 Finance and Dynamics 365 Supply Chain Management. Tax calculation is fully integrated out-of-the-box and enables you to:

• Automate and standardize tax determinations and calculations across countries or regions.
• Utilize a configurable tax determination matrix and flexible calculation designer to configure and execute complex tax determination rules and calculations using formulae and conditions.
• Simplify compliance maintenance for local tax regulations.

Learn more about the tax calculation features in our tax calculation overview.

Meet changing global and local requirements

In addition to the e-invoicing and tax calculation requirements mentioned above, a multinational company must meet other country-specific laws and business rules in the areas of tax reporting, banking, business document formats, etc. Some of these are legally required, while others are adopted based on local business practices. Legal requirements are frequently changed by tax authorities, often with very tight law enforcement dates. The existing configurable Electronic Reporting and Business Document Management capabilities in the Dynamics 365 operations apps make it easy for companies to handle these types of requirements on a global scale. And because document and report template configurations for both inbound and outbound transactions are no-code or low-code, users can create customizations based on the industry-standard data models and adapt to changing legal or other local requirements quickly.

Easily support custom configurations

In the 2021 release wave 1, we also enhanced the Regulatory Configuration Service (RCS), our configuration authoring and lifecycle management service. This no-code or low-code service extends Electronic Reporting authoring and lifecycle management capabilities so that users can now:

• Create custom configurations for the new electronic invoicing and tax calculation microservices.
• More simply configure, set up, and manage multi-component globalization features.
• Publish, store, and share custom configurations in the global repository to simplify configuration management without requiring the use of the Microsoft Dynamics Lifecycle Services (LCS).

Better manage global operations and expansion

With expanded out-of-the-box global coverage and no-code or low-code globalization services within Dynamics 365 operations apps, businesses can manage the challenges of global operations and expansion more effectively. This enhanced flexibility allows you to quickly adapt to the unique needs of different markets at scale. Our customers and partners are using these services and capabilities to extend the standard functionality and have already created several thousand configurations for over 100 countries and regions.

Learn more about what’s new in Dynamics 365 Finance and Globalization in our product updates.

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