122% ROI over three years from Dynamics 365 Finance deployments
Forrester Consulting, The Total Economic Impact™ of Microsoft Dynamics 365 Finance, July 2022
Dynamics 365 Finance Partner in Canada
Give your finance team one system for the general ledger, consolidations, budgeting, and cash management, backed by a Microsoft-certified partner that stays involved after go-live.
Replace manual reconciliations and disconnected spreadsheets with real-time financial visibility across every entity and province you operate in.
- Microsoft Solution Partner
- 150+ Certified Dynamics 365 Consultants
- 350+ Clients Served Globally
- 99% Project Success Rate
- Presence in 7 Countries, Including Canada
Dynamics 365 Finance is Microsoft's cloud ERP for organizations that need enterprise-grade financial control: general ledger, accounts payable and receivable, budgeting, cash management, and consolidated reporting across multiple entities. It suits finance teams that have outgrown a lighter accounting package and need real command over complex, multi-entity operations.
The platform delivers value in proportion to the partner configuring it. Dynamics Square has served Canadian and North American businesses for over 15 years, with 150+ certified consultants and a 99% project success rate across 350+ clients.
Tell us what's slowing your close cycle down or where your reporting breaks. A short call will clarify more than another page of feature descriptions.
$3.41 million in total economic impact over three years
$2.30 million in finance staff productivity gains over three years
$3.52 million in legacy system cost avoidance over three years
Compliance support across 57 countries and regions, 67 languages
Finance cloud software market projected to reach $87.86 billion by 2031, at a 15.3% CAGR
Mordor Intelligence, Finance Cloud Market Report
250+ clients served worldwide with a 99% project success rate
Dynamics Square data
135+ Microsoft-certified consultants on staff
Benefits
Financial Control That Pays for Itself: Dynamics 365 Finance Benefits
Improve financial performance, make better decisions, scale with ease, and enhance transaction reliability with Dynamics 365 Finance.
- 01/08
Clarity Across Every Entity
- 01Real-time data access across departments and entities
- 02Automated trend detection
- 03Support for data-driven decisions
- 04Detailed, on-demand financial reporting
- 02/08
Tighter Financial Control
- 01Automated approval workflows
- 02Stronger access security and audit trails
- 03Fewer errors in day-to-day processing
- 04Improved profitability from reduced leakage
- 03/08
Less Manual Work, More Output
- 01Fewer disconnected systems and data silos
- 02Elimination of redundant manual steps
- 03Automated routine financial tasks
- 04Native multi-currency handling
- 04/08
Cash You Can See Coming
- 01Full visibility into inflows and outflows
- 02Optimized cash reserve positioning
- 03Faster collection cycles
- 04Automated payment reminders
- 05/08
Budgets That Hold
- 01Real-time tracking of budget against actuals
- 02Early flags on overspending
- 03Smarter allocation of resources
- 04Reduced waste and fraud exposure
- 06/08
Global and Multi-Province Operations, Handled
- 01Built-in tax calculation by jurisdiction
- 02Statutory compliance support
- 03Multi-language capability
- 04Multi-currency consolidation
- 07/08
Stronger Vendor Relationships
- 01Faster, more accurate payment processing
- 02Automated procurement workflows
- 03Better collaboration tools with suppliers
- 04Reporting that supports better payment terms
- 08/08
Supply Chain Visibility from the Same System
- 01Optimized inventory levels
- 02Automated supply chain workflows
- 03Streamlined procurement
- 04Lower operational costs
Capabilities
Dynamics 365 Finance Capabilities
General Ledger Management
Chart of Accounts
A flexible structure to categorize financial data across departments and entities.
Intercompany Accounting
Manage financial transactions between related entities.
Multi-Currency Support
Handle multiple currencies with automatic exchange rate updates.
Consolidation
Combine financial data from multiple entities into consolidated statements.
Accounts Payable
- Vendor Management: A centralized repository of vendor information and payment terms.
- Invoice Processing: Automated receiving, approval, and payment of invoices.
- Payment Processing: Support for multiple payment schedules and methods.
- Vendor Settlements: Settle balances, partial payments, discounts, and overdue charges.
Accounts Receivable
- Customer Management: Customer profiles, credit limits, terms, and transaction history.
- Recurring Invoicing: Automated invoicing for subscription-based revenue.
- Collections Management: Payment reminders, aging reports, and dispute handling.
- Revenue Recognition: Rules-based recognition tied to delivery and payment terms.
Budgeting
- Budget Planning: Detailed budget plans allocated across departments.
- Budget Control: Real-time monitoring against budgeted amounts.
- Budget Register Entries: Accurate tracking of register entries.
- Budgeting Workflows: Structured approval workflows for budget requests.
Cash and Bank Management
- Bank Reconciliation: Automated bank statement reconciliation.
- Cash Flow Forecasting: Predictive modelling of future inflows and outflows.
- Cheque Management: Issue, print, and track cheques from one place.
- Liquidity Management: Track cash reserves, investments, and funding needs.
Fixed Asset Management
- Asset Acquisition: Acquire assets through purchase orders, journals, or bulk entry.
- Depreciation: Configurable depreciation profiles and calculations.
- Asset Valuation: Revaluate assets and adjust for impairments.
- Maintenance Management: Track maintenance schedules and associated costs.
Project Accounting
- Project Costing: Track labour, materials, and overhead by project.
- Time and Expense Management: Log time and expenses for client billing.
- Budgeting and Forecasting: Plan project revenue and expenses over time.
- Contract Management: Manage billing schedules, terms, and conditions.
Expense Management
- Expense Submission: Capture receipts and categorize expenses through an app.
- Approval Workflows: Configurable approval chains ahead of reimbursement.
- Policy Enforcement: Apply spending limits and company policy automatically.
- Payroll Integration: Sync with payroll systems for timely reimbursement.
Financial Reporting
- Financial Report Designer: Build custom reports to specific requirements.
- Ad-Hoc Reports: Generate reports on demand for performance analysis.
- Financial Dimensions: Analyze data across department, region, and project lines.
- Consolidated Reporting: Combine data from multiple entities into group-level reports.
Canadian Compliance
Canadian Financial Compliance, Configured from Day One
A missed GST/HST filing or a reporting structure misaligned with CRA expectations creates real exposure at audit time. Dynamics Square Canada configures Dynamics 365 Finance to handle Canadian financial compliance correctly from implementation day one:
GST/HST and Provincial Tax Automation
Calculation and remittance-ready reporting across every province you operate in.
CRA-Aligned Reporting Structures
Chart of accounts and reporting layouts built to support CRA filing and audit requirements.
Canadian Banking and EFT
Native support for Canadian banking formats and electronic funds transfer reconciliation.
Multi-Entity, Multi-Province Consolidation
Group-level reporting across subsidiaries and provinces without manual spreadsheet consolidation.
ASPE and IFRS-Ready Reporting
Financial statement structures configured to match the accounting framework your organization reports under.
Choose the Right ERP
Choosing Between Business Central and Dynamics 365 Finance
Both are Microsoft ERP, and the right one comes down to the complexity of your financial operations, more than your revenue size on its own.
Dynamics 365 Business Central
- Best suited to
- Small and mid-sized businesses needing finance, sales, and operations in one system
- Financial depth
- Solid core financial management
- Entity structure
- Multiple companies, simpler structures
- Typical timeline
- 3 to 6 months
- Licensing
- Per user, Essentials or Premium
Dynamics 365 Finance
- Best suited to
- Organizations with complex, multi-entity, or multi-jurisdiction financial operations
- Financial depth
- Advanced consolidations, financial dimensions, and enterprise-grade reporting
- Entity structure
- Built for consolidation across many entities
- Typical timeline
- Varies significantly with entity count and complexity; see the note below
- Licensing
- Per user, Finance or Finance Premium
If your finance operations span multiple entities, provinces, or reporting frameworks, Dynamics 365 Finance is generally the stronger fit. A short conversation about your current chart of accounts and entity structure will confirm it either way.
Get a Free Fit AssessmentOur Approach
How We Implement Dynamics 365 Finance
Dynamics Square Canada delivers every Dynamics 365 Finance project using Microsoft's Success by Design framework, the methodology Microsoft's own FastTrack team applies to its most complex Dynamics 365 deployments. It runs across five phases, each with its own checkpoint before the project moves forward.
Discover
We gather your current chart of accounts, entity structure, and reporting requirements, and validate the business case for the build ahead.
Initiate
Each workstream, general ledger, payables, receivables, consolidations, gets scoped in writing before configuration begins.
Implement
Our consultants configure Dynamics 365 Finance against the agreed design, with checkpoints built in to catch issues early.
Prepare
Testing, finance team training, and a formal go-live readiness review confirm the system is ready before your first close on it.
Operate
Once live, we stay engaged to stabilize the close process and support whatever comes next.
Migration
Moving From a Legacy Finance System or a Partner That's Fallen Behind
A finance system should actively shorten your close. If any of the following sound familiar, it's worth a conversation:
- Your finance team spends more time reconciling spreadsheets than reviewing numbers
- Multi-entity consolidation happens manually, every single close
- Your current system struggles to accommodate new entities, provinces, or reporting requirements
- Your implementation partner has gone quiet or stopped proposing improvements
Migration paths we support:
Dynamics 365 FinanceLegacy On-Premises Finance Systems to Dynamics 365 Finance
For organizations running an aging, heavily customized system.
Plan My Legacy Upgrade- Dynamics GP to Dynamics 365 Finance: For organizations that need consolidation depth their current system lacks. Plan My GP Migration
- QuickBooks or Sage to Dynamics 365 Finance: For organizations that have outgrown single-entity accounting controls. Get Assessment Details
- Switching From Your Current Dynamics Partner: A change in delivery partner is a smaller step than most finance teams expect. Talk to Us About Switching
Pricing
Dynamics 365 Finance Pricing in Canada
Figures below reflect Microsoft's suggested retail pricing in CAD. Actual cost depends on your user mix, add-ons, and implementation scope, and we'll confirm an exact quote on a call.
Dynamics 365 Finance
From $284.90 CAD per user/month
- Core Financials
- Business Performance Planning, read-only access
- Business Performance Analytics
- AI and Machine Learning
Dynamics 365 Finance Premium
From $407.00 CAD per user/month
- Core Financials
- Business Performance Planning, admin access
- Business Performance Analytics
- Capacity and Storage
Copilot & AI
Copilot and Finance Agents in Dynamics 365 Finance
Copilot is embedded throughout Dynamics 365 Finance, and Microsoft has extended it with dedicated finance agents built for close and collections work.
Dynamics Square trains your finance team on these capabilities as a standard part of every implementation.
See Copilot in ActionAutomate Invoice Processing
Copilot with Invoice Capture reduces manual data entry across the payables process.
Close Faster with the Account Reconciliation Agent
Currently in preview from Microsoft, this agent automates subledger matching and flags anomalies, giving your finance team more time for analysis and less time chasing mismatches.
Predict Customer Payments
Copilot forecasts when a customer is likely to pay, helping collections teams prioritize outreach before an invoice goes overdue.
Get Insight Inside the Tools You Already Use
The Finance Agent in Microsoft 365 Copilot, also in preview, surfaces relevant financial data directly inside Outlook, Teams, and Excel.
Why Dynamics Square
Why Canadian Finance Teams Choose Dynamics Square
Solutions Built Around Your Chart of Accounts
We configure Dynamics 365 Finance to match how your organization already reports, budgets, and consolidates.
A Team of Certified Specialists
150+ Microsoft-certified Dynamics 365 consultants, with specific depth in finance and multi-entity consolidation work.
Capacity for Projects of Any Size
From single-entity SMBs to multi-province groups, we carry the bench strength to support the work.
Support That Continues Past Go-Live
On-site or remote support during close cycles, so a month-end issue gets a person on the phone quickly.
We measure our work by what happens after go-live, when the system carries your actual close.
Dynamics 365 Finance is Microsoft's cloud ERP for enterprise financial management, covering general ledger, accounts payable and receivable, budgeting, cash management, and consolidated multi-entity reporting.
Business Central serves small and mid-sized businesses that need finance, sales, and operations in one system. Dynamics 365 Finance is built for organizations with complex, multi-entity, or multi-jurisdiction financial operations that require deeper consolidation and reporting.
Yes, it supports compliance across 57 countries and regions and 67 languages, with native multi-currency support and multi-entity consolidation.
Yes, Copilot is built into the platform, including invoice automation, payment prediction, and the Account Reconciliation Agent for a faster month-end close.
Yes, Microsoft's platform is designed to reduce the need for heavy customization through configurable business documents, financial dimensions, and workflows.
Yes, it integrates natively with the Microsoft ecosystem, including Microsoft 365, Power Platform, and Azure, and supports third-party integrations through APIs.
Timelines vary significantly with entity count and reporting complexity. Licensing starts as shown in the pricing table above; total project cost depends on your specific scope.
Get a Custom Quote →Forrester Consulting's Total Economic Impact™ study found a 122% ROI and $3.41 million in total economic impact over three years for a composite organization deploying Dynamics 365 Finance.
View the Forrester study →We serve businesses across Canada from our Ontario and British Columbia offices, with clients in Toronto, Vancouver, Winnipeg, Montreal, and beyond.
Resources
More on Dynamics 365 Finance
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