COVID-19 has had a significant impact across organizations regardless of size, industry, and location. Our valuable, and free, Finance Reimagined virtual CFO summit explored the many implications for finance leaders and their organizations as they attempt to adapt operations in this uncertain time. You can now watch on-demand content from this summit, including more than a dozen sessions from the event, so be sure to log back in or sign up for free to watch the on-demand sessions. From this amazing day, which included more than 2,000 finance leaders, we captured incredible insights to help you steer your organization through this crisis and reimagine the future. Finance leaders shared how they sustained core processes through immediate action, shifting from in-person to remote work, including how to complete a virtual close. Other lessons included how to strategically cut costs during uncertain times, while reducing risk and improving compliance. Leaders shared best practices for understanding and maintaining employee engagement and developing essential skills while remote, as well as for safely transitioning the workforce back to the office. Insights included learning how to adjust for headcount and pay scales for employees spanning across regions. The other focus was reimagining the future. While we may not be able to predict the future, we can work to prepare ourselves for a new normal. Business complexity will continue growing, data will continue surging, and risks, threats, and regulations will continue increasing. Expectations on finance departments to manage these challenges will continue rising, too. Fortunately, changes in technology, processes, and our organizations’ underlying cultures will enable us to address these needs. We explored how finance leaders are leading their company’s through this transformation, leveraging tools like AI-driven insights to improve forecasting and scenario analysis. Leaders shared hard-won lessons and specific, step-by-step tactics that other organizations can successfully adopt. The event is not done yet Take advantage of the many ongoing opportunities. A host of additional on-demand content covering all of these topicsresponse, recovery, and reimaginationis available exclusively to event registrants. Log in today to watch the sessions or sign up for free and watch the sessions. You can also replay any of the CoreNote keynote sessions to tune into the portions that resonated most with you. You can even listen to CFO Microsoft Business Applications Jeffrey York’s on-demand session on lasting finance transformation, where he shares a proven path to finance transformation. It’s meant to provide you with a replicable way to transform your finance team into an optimum operating model so that you can rely on predictable outcomes and gain long-term value through real-time insights. Review many small-group roundtables It was fantastic to see so much direct engagement and participation across our roundtables. In these breakout sessions, CFOs and other peers shared how cost reduction and risk mitigation represent some of the most important and often first actions taken to recover from a crisis. They discussed how they’ve cut costs, ensured liquidity, and managed cashflow. They also looked at how they plan to build on these actions to set their businesses up for ongoing recovery and success. Whether you’re looking to use analytics to support quick decisions or encouraging innovation and automation to simplify and scale financial processes, you can listen in on any of these roundtable discussions to hear how your peers are addressing modern business challenges. We also encourage you to engage with other finance leaders to discuss challenges and topics important to you through ongoing roundtables with other attendees. Keep connecting with others The summit brought together over 2,000 finance leaders. We hope you made new connections, and we encourage you to foster these new professional relationships post-event. Don’t miss out on the on-demand content and other valuable insights. If you already signed up for Finance Reimagined, log back in, or if this is your first time, sign up now for free and watch the valuable on-demand sessions

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As the supply chain evolves, logistics management has an even greater impact on the bottom line. Knowing the full price of an item once it arrives at your warehouse is crucial. Miscalculating landed cost through manual entry can result in lost profits for business owners. The Landed cost module in Supply Chain Management provides companies with an innovative way to track goods and determine the total charge in getting a shipment to its destination. With a single data entry, landed cost allows you to record end-to-end transportation fees quickly and accurately. Automating administrative tasks such as estimating landed costs and status tracking helps avoid financial missteps that can weaken product profitability. These enhanced features save time for staff and streamline production from the manufacturer to the warehouse. Landed cost often can account for up to 40 percent or more of the total cost of each imported freight item. First, there’s transport to the departure port, loading, sailing, customs clearance, and, finally, transport from the port of arrival. Then there are the delays, duties or other contingencies that will impact the landed price. Landed cost module functionality The Landed cost module in Supply Chain Management includes: Estimated landed cost visible at time of creation of voyage Receiving by container Status tracking at purchase order line level Landed cost apportioned to multiple purchase orders on one voyage Additional cost apportionment rules Preliminary posting of estimated costs that are reversed/adjusted as actual costs are received Automatic updates for FIFO, LIFO, weighted average, moving average, and standard costing Support of transfer orders Reduce guesswork Here are a few features that take the guesswork out of determining true costs of products and offer visibility for employees: Distribution of landed cost to items from voyage or containers. This is based on quantity, amount, percentage, weight, volume, volumetric calculation, or user-defined measure. Goods in transit accrual allows for full visibility of goods in transit for any tracked activity (for example: loading, customs, or clearance) and transport leg (for example: air, ocean, rail, or truck). Centralized shipping, which means voyages can contain products from multiple vendors, purchase orders, or legal entities in one or more containers/folios. Automated costs so that automated estimates of landed cost are used and then reversed out when actual landed cost invoices are processed. Import of business process compliance, which uses due dates to track invoices processed before or after receipt in the warehouse. Cost comparisons and reports to help you review costs by total voyage, container, purchase order, and line item by cost type code and category (such as FOB price, freight, accessed charges, duty, commissions, and brokerage fees). Voyage editor Every step of a voyage can be defined, including adding a purchase order to a container. Employees can also create a voyage with a purchase order from multiple entities.   Template shipping and costing Landed cost also supports the creation of a series of customized templates covering standard freight journeys. These templates make it easier for your employees to keep journeys on course by allowing them to accurately record fees both actual and accrued for each step. It also helps to ensure that freight voyages are in legal and regulatory compliance. Voyage tracking Landed cost includes functionality to record and track voyage in transit. All data is integrated across the Supply Chain Management application. First, an activity start date or end date such as the loading date is entered. That entry then triggers an update to the shipping status and the purchase order receipt or confirmed date. This functionality allows you to: Record lead times between multiple ports based on rules Assign a voyage status to the purchase order line or goods in transit Process invoices before receipting of goods Share containers and voyages across entities Place goods from multiple vendors, countries, or regions in the same container Next steps To learn more, read the documentation for the Landed cost module. To see for yourself how Dynamics 365 Supply Chain Management can help your operations, get started today with a free trial

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Did you attend last week’s Microsoft Ignite and watch Satya’s keynote? If so, you might have learned about how Mount Sinai Hospital in New York is using Microsoft Dynamics 365 Remote Assist on Microsoft HoloLens 2 to conduct shared surgery with their surgical counterparts in Uganda. Mixed reality business applications like Dynamics 365 Remote Assist have already been successfully deployed in many industries including manufacturing, automotive, and education. However, its valuable use case in healthcare may be the most critical one yet, augmenting doctors’ abilities to collaborate hands-free with their remote counterparts in real-time with mixed reality and help save lives globally. Working together in real time, from miles away Today, more than 5 billion people worldwide do not have access to simple surgical operations. New York’s Mount Sinai Health System employs 38,000 people, including top specialists and surgeons who are determined to help tackle the global lack of access to surgical care. Using HoloLens 2 with Dynamics 365 Remote Assist and Microsoft Teams, Mount Sinai surgeons in New York connect with colleagues 7,000 miles away in Eastern Uganda, helping bring safe, affordable surgical care to remote areas. To date, this shared surgery method has helped treat more than 500 patients at the Kyabirwa Surgical Centre in Eastern Uganda with important surgical problems and helped diagnose and manage more than 3,000 patients. “Microsoft Teams, Dynamic 365 Remote Assist, and HoloLens 2 allow us to bring our knowledge into a community, share that knowledge, and make it part of that surgical community on a long-term basis. It helps us create a sustainable program of surgical care.”Dr. Michael L. Marin, Chairman of the Department of Surgery and Surgeon-in-Chief, Mount Sinai Health System What Mount Sinai Hospital says about mixed reality in healthcare “To date, we have had a 100 percent success rate. We haven’t had one failed surgery, and a lot of that’s due to the Microsoft technologies we’re using.”Anna Kalumuna, Director of Operations and Administration, Kyabirwa Surgical Centre “When the patient was taken into surgery, every decision from what type of incision to make to how to close the skin was discussed via our Teams and Remote Assist connection.”Dr. Michael L. Marin, Chairman of the Department of Surgery and Surgeon-in-Chief, Mount Sinai Health System “Communication is the lifeline of our shared surgery model. We use Microsoft technologies such as Teams, Dynamic 365 Remote Assist, and HoloLens to share surgery knowledge and expertise in an effective way.”Dr. Michael L. Marin, Chairman of the Department of Surgery and Surgeon-in-Chief, Mount Sinai Health System “The experience I’ve had as a practicing surgeon using this technology has been like having the eyes of a very senior surgeon who has seen a lot more than me. He is right here with me in the surgery room. He’s seeing the patients I am seeing. He’s seeing the pathology that I am seeing. This is an amazing resource for sharing knowledge.”Dr. Joseph Okello Damoi, Head Surgeon, Kyabirwa Surgical Centre Read the full story about how Mount Sinai and Ugandan surgeons work together in real time and bring life-saving expertise to rural communities. Learn more about mixed reality in healthcare Be sure to also read another healthcare story for Imperial College Healthcare NHS Trust which provides acute and specialist healthcare in northwest London for approximately 1.5 million people annually. Like Mount Sinai Hospital, the Imperial College Healthcare NHS Trust successfully deployed Dynamics 365 Remote Assist on HoloLens 2 to help doctors cope with the spike in COVID-19 patients during the global pandemic. Using mixed reality solutions enabled their doctors to minimize doctors’ exposure to infected patients, keeping physical contact to a minimum while still enabling the medical team to collaborate on patient care. Hands-free telemedicine is truly poised to be future of healthcare organizations worldwide. Discover how your organization can similarly leverage Dynamics 365 Remote Assist on HoloLens 2 to improve patient care, protect frontline workers’ safety and help provide critical medical expertise to underserved regions globally. Learn more about Dynamics 365 Remote Assist. Register to attend upcoming Dynamics 365 Remote Assist Microsoft Reactor sessions. Complete the Dynamics 365 Remote Assist Learning Path. Read Dynamics 365 Remote Assist customer stories. Listen to the Dynamics 365 Connected and Ready podcast episode on mixed reality, “Exploring anatomy in mixed reality, with Mark Griswold.”

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