Automatic vendor payment proposal in 2020 Release wave 1 plan expected features from April to Sept 2020 in Microsoft Dynamics 365 Financials

Automatic vendor payment proposal in 2020 Release wave 1 plan  expected features from April to Sept 2020 in Microsoft Dynamics 365 Financials

Business value
Organizations typically pay vendors according to a set of rules that apply to their specific
circumstances. For example, they might rank vendors in order of importance and pay their most
important vendors first. Other organizations might use one or more different methods of

categorizing their vendors and pay vendors in specific categories on specific days. Automating

this process helps organizations apply their own rules to create vendor payment proposals more
consistently and efficiently than is possible using a manual process.

Feature details
A “rules engine” lets treasurers and accounts payable managers define rules within the product
to help the system learn which vendors to pay, and then determine when to pay them. The
system then uses this information to generate payment proposals automatically and send them
through a workflow process for approval.