Client billing process comes under the most critical business processes that needs to be changed by professional services organizations. Making invoice process quick, accurate and precise to meet the billing requirements of client can hugely impact your cash flow that is also the force of a professional service providing firm. There are several organizations having the manual billing processes that are apparently very inefficient to keep up to the expectations of customers. While implementing Dynamics AX for such organizations, a significant potential is there to gain efficiencies.
Since making invoices right is a critical process, there is an “Invoice Grouping” feature solution for MSD AX that can improve the quality of project billing process. Traditionally in the Microsoft Dynamics AX, each invoice format variation required development of a fresh invoice document template in the SSRS (SQL Server Reporting Services). You will need two SSRS invoice templates if you wanted to show detailed labor hour lines on some of the invoices, but you have summarized it on other invoices. This process causes much complexity and high cost for organizations carrying a lot of variability in how they actually need to format the invoices. With this new feature in AX, you can have “format invoice proposal” that lets you do formating for how you want to present the invoice details.
This new invoice grouping feature in Microsoft Dynamics Axapta ERP software enables you to develop standard invoice presentations, without having to develop specific SSRS documents individually for each flavor. For instance, if you want to create an invoice format with detailed labor and expenses displayed, but have another invoice format with summarized labor and expenses; you now get a simple configuration in the AX rather than SSRS. Since this feature also helps in saving on time and money. Avail end-to-end Dynamics AX services from us to avoid the unnecessary hassle in the invoicing process now.