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MB2-717 Microsoft Dynamics 365 for Sales

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MB2-717 exam Dumps Source : Microsoft Dynamics 365 for Sales

Test Code : MB2-717
Test Name : Microsoft Dynamics 365 for Sales
Vendor Name : Microsoft
: 100 Real Questions

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Microsoft Microsoft Dynamics 365 for

Microsoft Dynamics 365 vs Salesforce: 2019 CRM comparison | killexams.com Real Questions and Pass4sure dumps

Salesforce has spent the ultimate twenty years constructing a $13 billion company, mostly on the lower back of a CRM utility delivered as a cloud service. In its most recent monetary advice, Salesforce forecasts it expects to achieve $16 billion in earnings subsequent yr, and in the subsequent four years should be capable of generate annual revenues within the range of $26 to $28 billion.

Given the typical enlargement of the Salesforce choices, it’s now not clear how a good deal of that growth could be notably driven through CRM. however overseas records Corp. (IDC) estimates that Salesforce has a 20 % share of a CRM market that continues to be the fastest starting to be sector of the business IT market.

when it comes to capabilities, the Microsoft Dynamics 365 CRM application is awfully comparable to the comparable Salesforce offering. but Microsoft acquired a much later birth than Salesforce within the cloud. whereas Microsoft has won CRM share of late, it’s price noting that Salesforce’s three nearest competitors together nonetheless account for under 20 percent of the overall market so Salesforce remains the ultimate CRM software issuer in terms of market size. 

Microsoft, long run, may additionally signify Salesforce’s most bold rival. but the momentum Salesforce already has will ensure that it could be a dominant CRM drive to be reckoned with neatly into the subsequent decade.

What are the Similarities & ameliorations between Microsoft Dynamics 365 and Salesforce?

Dynamics vs Salesforce CRM 

 

charge Salesforce Pricing

Small business essentials is $25/consumer/month (billed annually), Lightning expert $seventy five/consumer/month, and Lightning business $one hundred fifty/consumer/month.

Microsoft Dynamics 365 Pricing 

The customer Engagement Plan, a full CRM suite, is $115/consumer/month; the Unified alternate options Plan is $190/user/month; the Dynamics 365 Plan is $210/user/month.

Microsoft prices a better monthly starting cost. but charge comparisons are closely based on the number of modules employed and via what sorts of clients. it is viable, for example, to come up with an implementation of Microsoft Dynamics 365 CRM that costs below a similar illustration of Salesforce. every firm may still cautiously evaluate the whole cost of either platform when all of the elements and capabilities they require are fully loaded.

Ease of Use

each offerings tackle initiatives such as contact and account management, territory administration, and income forecasting. but Salesforce has now not most effective invested closely in making bound its application continuously manifests on diverse endpoints. in addition, Salesforce has invested heavily in an Einstein platform that allows for end users to take advantage of herbal language processing and synthetic intelligence (AI) applied sciences to engage with its functions. Microsoft is additionally dedicated to investing in equivalent AI technologies, however as AI applies to CRM, Salesforce is considerably forward.

Implementation

despite whatever thing guarantees are made, neither Microsoft nor Salesforce provides a real “out-of-the-container” software experience. each applications should be applied following a well-described set of most efficient practices ideally overseen by means of a licensed advisor.

Customization

Microsoft makes it possible to personalize some points of its CRM, while making available a application building kit to address greater advanced initiatives. Salesforce has made attainable a Lightning low-code building platform that will also be employed by using both vigor users and knowledgeable developers to customize its cloud applications to basically any degree possible.

Integrations

The Microsoft Dynamics 365 CRM providing matches smartly inside the context of the greater Dynamics 365 platform, which offers connections to Microsoft power BI and PowerApps. Microsoft Dynamics 365 CRM is additionally a extra natural extension of Microsoft workplace 365.

In contrast, Salesforce has invested closely in making sure its CRM cloud providing integrates with a wide variety of functions and, following its recent acquisition of Mulesoft, will more tightly integrate its CRM providing with an integrated platform-as-a-carrier (iPaaS) ambiance.

client assist

Salesforce and Microsoft have each invested heavily in client aid. they have additionally both built wide partner networks that supply customers with a wide range of guide alternate options.

points & Add-ons 

both Microsoft and Salesforce make purchasable a big range of complementary applications by way of their respective app outlets. but Salesforce has an extensive set of complementary cloud functions that handle every little thing from advertising to client provider.

related CRM evaluation Articles  the way to make a decision which is premier in your situation

Microsoft Dynamics vs Salesforce CRM Comparison 

Our advice for Small and Medium Sized businesses (SMB) 

while Salesforce naturally has some big benefits when it comes to capabilities, agencies will no longer simply be able to dismiss Microsoft. in many situations, the fundamental device that smaller agencies depend on to control contacts is Microsoft Outlook. Migrating to Microsoft Dynamics 365 CRM can seem like the next most logical transition.

Our advice if your company depends on other Microsoft items 

Microsoft additionally offers a direction for integrating its CRM software with the relaxation of the Microsoft Dynamics 365 ERP utility. ultimately, Microsoft additionally acquired LinkedIn, which provides a direction to integrating its CRM with one of the most most generally employed social media networks, relied on by means of company gurus.

The CRM that almost all revenue teams pick

nonetheless, there are many extra income teams that comprehend a way to navigate Salesforce purposes. Getting income groups to want to use a CRM application within the first location is never a simple project. Getting them to embody an software they don’t already be aware of could be one problem too many.


Microsoft Dynamics 365 consumer Insights enables businesses to convey personalised client experiences | killexams.com Real Questions and Pass4sure dumps

Microsoft lately announced the commonplace availability of Dynamics 365 client Insights. This new offering from Microsoft brings together consumer data to profit to present a single view of clients and derive clever insights from them. it's going to empower marketing, earnings, and repair professionals to convey incredible one-on-one interactions with consumers. Dynamics 365 customer Insights will can help you:

Get a holistic view of purchasers

  • connect your entire client information: herald transactional, observational, and behavioral statistics from time-honored information sources without problems through leveraging prebuilt connectors
  • radically change client facts intelligently: Unify and standardize records to comply to the Microsoft usual information mannequin
  • Enrich client profiles: build a richer, greater complete view of your purchasers by using incorporating aggregated audience intelligence from Microsoft Graph
  • unlock insights and take action

  • Act and set off: discover and create high cost segments to energy company methods and bring centered messages and content.
  • Spot developments and patterns: gain actionable insights with configurable metrics and KPIs
  • Predict customer intent: Get information on the next surest motion and predict churn by leveraging AI and custom computing device studying algorithms.
  • Adapt and lengthen

  • Take motion: pressure personalized engagement with contextual consumer insights infused directly in enterprise purposes equivalent to Dynamics 365 for revenue, provider, and advertising or any other utility using rich APIs
  • profit deeper insights: Leverage an out-of-the-box connector for Microsoft vigor BI to personalize dashboards and studies that allow informed resolution-making
  • build custom apps: With Microsoft PowerApps, create customized business apps with embedded consumer insights to empower everybody on your organization
  • Automate consumer-centric experiences and processes: Setup workflows according to client actions and signals the use of Microsoft move
  • rely on a productive and trusted platform

  • Get all started immediately: Optimize for time to price with a complete SaaS utility and self-provider journey constructed on the Azure cloud platform
  • retain control of your statistics: help your enterprise support statistics privacy and GDPR compliance with commercial enterprise capable security and constructed-in governance tools
  • invest with self assurance: Put your have confidence in Microsoft’s competencies and event in world-category AI research, cloud, statistics and developer platform
  • It costs $1,500 per tenant/month. gain knowledge of more about this new service right here.


    inventory Ramp-Up Plans for a new Distribution middle at manufacturers the use of Microsoft Dynamics 365 for Finance and Operations | killexams.com Real Questions and Pass4sure dumps

    author’s note: This 2-part article illustrates creative uses of protection inventory requirements and the minimum Key, in this case to assist inventory ramp-up plans. this first part comprises an easy case and studies two adaptations of using a minimal Key, whereas the second half contains a extra complex case with an merchandise-particular minimal Key.

    Some manufacturing organizations have distribution facilities with products supplied by means of their manufacturing plant life. calls for for these items at a distribution middle – equivalent to sales orders, demand forecasts and defense stock requirements – drive the transfer necessities and the linked manufacturing requirements. the hole of a brand new distribution core represents a special case for using the switch and manufacturing necessities. The distribution supervisor can use stock ramp-up plans for stocking a new distribution center previous to its opening date and presenting visibility of these requirements for coordinating construction at the manufacturing plant.

    this article illustrates two processes to those inventory ramp-up plans, where the definition of an item’s ramp-up plan employs the aggregate of a minimal amount and a minimal Key to calculate safety inventory necessities. in one approach, the minimum Key defines a pattern for the ramp-up plan and the sample can apply to diverse items. The 2nd approach makes use of distinct minimum Keys that define an merchandise-particular ramp-up plan. The article carries the following sections.

  • Two methods to stock Ramp-Up Plans
  • strategy #1: outline the item’s goal inventory and a sample for the Ramp-up Plan
  • strategy #2: define an merchandise-selected Ramp-Up Plan
  • evaluating both methods to a Ramp-up Plan
  • summary
  • the two procedures follow to manufacturers the use of Microsoft Dynamics 365 for Finance and Operations (D365FO) or old types of Dynamics AX equivalent to AX 2012 R3 or AX 2012. The article contains screenshots reflecting the D365FO consumer interface, but the screenshots could have mirrored the person interface in the old software versions.

    The article builds on the Microsoft documentation about safeguard stock achievement for items, and

    extends different articles about the use of the minimum Key for indicating due dates for safety inventory requirements and for inventory ramp-up plans to expect potential constraints.

    1. Two tactics to stock Ramp-Up Plans

    The definition of a list ramp-up plan employs the mixture of a minimum quantity and a minimum Key to outline an item’s goal stock over a few time periods. it is least difficult to clarify the strategy with examples. Two procedures and their example statistics are illustrated in determine 1 and described in subsequent sections.

    For both tactics, the example facts displays a 4-week ramp-up plan right through June for a brand new distribution center (recognized as warehouse D2 in the web page MFG) with an opening date of July 1st 2019. The weekly increments within the 4-week ramp-up plan effect in weekly planned transfers, and the transfer necessities deliver visibility for weekly production orders of the objects (with period lot sizing of 7 days). varied comprehensive items ought to be stocked at the new distribution center prior to the opening date, and the example statistics illustrates one of these accomplished items (recognized as FG123). Replenishment of these entire items at the distribution core could be pushed by demand forecasts and revenue orders after the outlet date.

    Figure 1: Two Approaches to the Inventory Ramp-up Plan for a new Distribution Centerdetermine 1: Two tactics to the stock Ramp-up Plan for a new Distribution middle

    2. approach #1: outline the item’s goal stock and a pattern for the Ramp-up Plan

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    Microsoft Dynamics 365 for Sales

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    S&OP Game Plans with Sales Promotions in Manufacturers Using Microsoft Dynamics 365 for Finance and Operations | killexams.com real questions and Pass4sure dumps

    Sales promotions often apply to manufacturers of consumer products, but they also apply to other types of firms. The source of a sales promotion may originate internally or from customer initiatives. A typical scenario for a customer-initiated promotion applies to manufacturers selling consumer products into a large chain of retail stores, where the customer provides advance notification of the expected demand for one or more products and the required ship date. These details about expected demand must be estimated for internally-originated promotions such as an ad campaign. In either case, the expected demands often represent a spike in demand for the related product and a master scheduler will need to include them in the item’s S&OP (Sales and Operations Planning) game plans.

    Modeling a sales promotion involves several considerations about software capabilities for those firms using Microsoft Dynamics 365 for Finance and Operations (D365FO). For example, a promotion may involve the use of a sales trade agreement to define special pricing and/or discounts. It may involve a campaign or a trade allowance agreement. Additional options apply to firms using the retail capabilities within D365FO. However, whether they are actually used or not, none of the above-mentioned capabilities provide visibility of the promotion’s anticipated demands to support S&OP game plans that drive manufacturing and transfers of the related products. An additional approach is needed to provide visibility of the anticipated demands.

    This article describes an approach for modeling sales promotions using demand forecasts, thereby providing visibility of the expected demands. These can be termed promotion forecasts to differentiate them from the normal demand forecasts for products, and they represent one of the key elements in a product’s S&OP game plans. Each promotion forecast has a unique identifier for its forecast model – which is also designated as a submodel of the normal forecast model specified in the master plan policies. In this way, master scheduling logic will consider all demand forecasts for the normal forecast model and its submodels.

    Visibility of a promotion’s expected demands to support an item’s S&OP game plans provides the starting point for further explanation, and this article consists of the following sections.

  • Promotion Forecasts as part of the S&OP Game Plans for an Item
  • Definition of a Forecast Model for each Promotion Forecast ID
  • Entries of the Demand Forecasts for a Promotion Forecast ID
  • Entries of the Demand Forecasts for an Item
  • Example of the item’s Net Requirements information
  • Pros and Cons of using Demand Forecasts for Sales Promotions
  • Summary
  • The article extends previous explanations about using demand forecasts for S&OP game plans and master planning in manufacturing. It includes screenshots reflecting the D365FO user interface, but the screenshots could have reflected the user interface in previous software versions of Dynamics AX – such as AX 2012 R3 and AX 2012 -- because the same software functionality applies.

    1. Promotion Forecasts as part of the S&OP Game Plans for an Item

    Promotion forecasts can represent one of several key elements in a product’s S&OP game plans, which include demands stemming the item’s normal demand forecasts, safety stock requirements and sales orders. To meet these demands, master scheduling logic will generate planned production orders based on the item’s planning data, which can then be firmed to create actual production orders. Figure 1 illustrates these key elements in a typical process to maintain the S&OP game plans for a stocked product. The figure includes swim lanes for the typical roles, including those responsible for identifying and entering the promotion forecasts.

    Figure 1: Typical Process to Maintain S&OP Game Plans for a Stocked ProductFigure 1: Typical Process to Maintain S&OP Game Plans for a Stocked Product

    For their purposes, it is assumed that the demands related to promotion forecasts are not reflected in an item’s normal demand forecasts or in the item’s safety stock requirements. An item’s safety stock requirements typically reflect the needed inventory to anticipate higher-than-forecasted demands and meet customer service levels. A promotion forecast can identify expected spikes in demand that are not reflected in the item’s safety stock requirements. In addition, an item’s normal demand forecasts typically reflect monthly estimates spread into weekly or daily increments. A promotion forecast and its expected ship date(s) can be defined for a specific date.

    Sales orders and their promise dates comprise another key element of the S&OP game plans. When entering a sales line for a stocked product, these promised ship dates typically reflect delivery date control based on Available-to-Promise (ATP) logic, as shown at the bottom of Figure 1. Other scenarios employ delivery date control based on sales lead time, and the promised ship date for a sales line reflects the item’s sales lead time.

    2. Definition of a Forecast Model for each Promotion Forecast ID

    The 7 Essential CPQ Features for Microsoft Dynamics Users | killexams.com real questions and Pass4sure dumps

    CPQ Features for MS Dynamics

    Microsoft Dynamics 365 for Sales is a robust CRM, but there’s a software that can supercharge the platform – DealHub CPQ.

    Microsoft Dynamics 365 is a powerful CRM platform to manage leads and customer relationships. What it lacks, however, is the ability to manage the sales process from end to end, to send accurate, branded, professional quotes and sales proposals, and report on the buyer interaction with those quotes.

    Fortunately, CPQ (Configure Price Quote) software integrated with Microsoft Dynamics, enables sales teams to configure complex pricing easily and respond to buyer requests for quotes quickly, two factors which heavily impact the customer experience and the likelihood of a sale. Add to that the benefit of visibility into every quote, and you can see how CPQ takes CRM from standard to spectacular.

    DealHub CPQ Microsoft Dynamics 365

    Then there’s the increase in productivity. Automating sales quotes and proposal generation frees sales reps to spend more time talking to potential customers. Less time spent on administrative tasks means more opportunities to increase revenue.

    CPQ is commonly ranked as one of the most critical technologies to support CRM. But, how do you choose the right CPQ for Microsoft Dynamics that integrates seamlessly to create a rich user experience that will elevate your sales process and maximize your sales team’s productivity?

    Features Best CPQ for MS Dynamics Users Aligned with Native Microsoft Dynamics User Experience

    In 2018, Microsoft made some nice user experience improvements to MS Dynamics 365, including enhancements to forms and dashboards, and improving the visual hierarchy. The best CPQ will sync with the native MS Dynamics user experience, making it easy for your sales reps to generate pricing, quotes, and proposals from within the platform, using a single sign-on. This single sign-on capability turns the CPQ into another feature within your CRM, so reps don’t have to leave the platform to use a separate tool, greatly increasing user adoption and ease of use.

    Easy to Use

    Sales reps face many challenges when working with buyers. They must be up-to-date on products and pricing, trained in using sales software, and savvy in their communications with buyers. They must understand their company’s sales methods and policies. And, they need to be prepared to share the right content with buyers at the right time in their buying journey. All of this can be accomplished with a CPQ that incorporates guided selling using a sales playbook.

    A CPQ that is easy to use and includes features such as sales playbooks and pre-configured rules for pricing and discounting will increase adoption of the software and decrease new hire onboarding time. You and your sales team will benefit from a CPQ which requires minimal training time to bring sales reps up-to-speed and helps them close deals easily.

    Robust Yet Agile

    A productivity-enhancing CPQ will include features that streamline the sales process, yet be agile and customizable to your organization’s needs. Look for a CPQ that allows you to customize your product catalog and configuration rules and easily change pricing and discounting. CPQ offers the time-saving benefit of branded templates, but look for a CPQ that can generate customized documents as well.

    Flexible features aren’t the only benefit of CPQ. In Dynamics, salespeople can quickly view their funnel. A CPQ takes it a step further and enables your reps to view the current stage of the quotes in their pipeline and determine the most recent action taken on each quote. Visibility into the funnel stages and status of each quote allows you to identify bottlenecks and empowers agile decision-making on each deal.

    Easy to Implement and Administer

    A CPQ that is quick and easy to set-up and configure, and one that doesn’t require a developer to write custom code, will help you achieve a positive ROI faster. Seamless integration with MS Dynamics CRM is a must.

    A CPQ streamlines the sales process and reduces administrative tasks. If you cannot update pricing, configure new discounting rules, and add new products easily, it is not the right CPQ for you. Look for a CPQ that provides ongoing support beyond initial set up so you have help should issues arise or when you need additional customization of the software. Partner with a CPQ vendor that is easy to work with and makes customer support a top priority.

    Scalable for Growth

    As your business grows, you need CPQ software that will grow with your company. A vendor dedicated to CPQ will be able to support you as your business grows. Continual improvements and updates, taking into account customers’ needs for enhanced functionality, ensures that the CPQ software will grow with you. Choose a CPQ vendor that is committed to supporting your long-term business growth.

    Supports Complex Pricing Models

    For companies that need to configure complex pricing and quotes, such as those in the services, finance, manufacturing and telecommunications industries, CPQ picks up where MS Dynamics falls short. The best CPQ for your organization will support complex pricing options including subscriptions, leases, add-ons, and bundled pricing. Features tailored to configuring complex pricing enable a faster and more accurate quote-to-contract process.

    Analytics and Intelligence

    Visibility into the sales process, at each stage of the buyer’s journey, yields valuable data about how customers respond to quotes and proposals, what communication with buyers is most effective, what prices and discounts have the best close rate and other intelligence that can inform your sales process, policies, and pricing. Actionable data leads to better sales strategies that empower your team to be more successful.

    CPQ Fulfills Microsoft’s Sales Vision

    This quote from Alysa Taylor, Corporate Vice President, Business Applications and Industry, Microsoft resonates with us at DealHub.io and their mission to offer a new breed of CPQ to their customers.

    Author: Gideon Thomas

    As VP of Growth, Gideon is extremely passionate about helping companies gain a more informed and actionable understanding of the changing landscape within Sales Engagement. He is a regular content contributor in this area of expertise and draws inspiration from being afoot to the latest trends and statistics influencing Sales… View full profile ›


    Microsoft Dynamics 365 vs Salesforce: 2019 CRM Comparison | killexams.com real questions and Pass4sure dumps

    Salesforce has spent the last 20 years building a $13 billion company, largely on the back of a CRM application delivered as a cloud service. In its most recent financial guidance, Salesforce forecasts it expects to achieve $16 billion in revenue next year, and within the next four years will be able to generate annual revenues in the range of $26 to $28 billion.

    Given the overall expansion of the Salesforce offerings, it’s not clear how much of that growth will be specifically driven by CRM. But International Data Corp. (IDC) estimates that Salesforce has a 20 percent share of a CRM market that continues to be the fastest growing sector of the enterprise IT market.

    In terms of capabilities, the Microsoft Dynamics 365 CRM software is very similar to the comparable Salesforce offering. But Microsoft got a much later start than Salesforce in the cloud. While Microsoft has gained CRM share of late, it’s worth noting that Salesforce’s three nearest rivals collectively still account for less than 20 percent of the overall market so Salesforce remains the best CRM software provider in terms of market size. 

    Microsoft, long term, may represent Salesforce’s most formidable rival. But the momentum Salesforce already has will ensure that it will be a dominant CRM force to be reckoned with well into the next decade.

    What are the Similarities & Differences between Microsoft Dynamics 365 and Salesforce?

    Dynamics vs Salesforce CRM 

     

    Cost Salesforce Pricing

    Small Business Essentials is $25/user/month (billed annually), Lightning Professional $75/user/month, and Lightning Enterprise $150/user/month.

    Microsoft Dynamics 365 Pricing 

    The Customer Engagement Plan, a full CRM suite, is $115/user/month; the Unified Options Plan is $190/user/month; the Dynamics 365 Plan is $210/user/month.

    Microsoft charges a higher monthly starting price. But cost comparisons are heavily dependent on the number of modules employed and by what types of users. It is possible, for example, to come up with an implementation of Microsoft Dynamics 365 CRM that costs less than a comparable instance of Salesforce. Each organization should carefully evaluate the total cost of either platform when all the features and capabilities they require are fully loaded.

    Ease of Use

    Both offerings address tasks such as contact and account management, territory management, and sales forecasting. But Salesforce has not only invested heavily in making sure its application consistently manifests on multiple endpoints. In addition, Salesforce has invested heavily in an Einstein platform that enables end users to take advantage of natural language processing and artificial intelligence (AI) technologies to interact with its applications. Microsoft is also committed to investing in similar AI technologies, but as AI applies to CRM, Salesforce is considerably ahead.

    Implementation

    Despite whatever promises are made, neither Microsoft nor Salesforce provides a true “out-of-the-box” application experience. Both applications should be implemented following a well-defined set of best practices ideally overseen by a certified consultant.

    Customization

    Microsoft makes it possible to customize some aspects of its CRM, while making available a software development kit to tackle more complex projects. Salesforce has made available a Lightning low-code development platform that can be employed by both power users and professional developers to customize its cloud applications to almost any degree imaginable.

    Integrations

    The Microsoft Dynamics 365 CRM offering fits well within the context of the larger Dynamics 365 platform, which provides connections to Microsoft Power BI and PowerApps. Microsoft Dynamics 365 CRM is also a more natural extension of Microsoft Office 365.

    In contrast, Salesforce has invested heavily in making sure its CRM cloud offering integrates with a wide variety of applications and, following its recent acquisition of Mulesoft, will more tightly integrate its CRM offering with an integrated platform-as-a-service (iPaaS) environment.

    Customer Support

    Salesforce and Microsoft have both invested heavily in customer support. They have also both built extensive partner networks that provide customers with a wide range of support options.

    Features & Add-ons 

    Both Microsoft and Salesforce make available a wide range of complementary applications via their respective app stores. But Salesforce has an extensive set of complementary cloud applications that address everything from marketing to customer service.

    Related CRM Comparison Articles  How to Decide which is Best for Your Situation

    Microsoft Dynamics vs Salesforce CRM Comparison 

    Our Recommendation for Small and Medium Sized Companies (SMB) 

    While Salesforce clearly has some significant advantages in terms of capabilities, organizations will not easily be able to dismiss Microsoft. In many cases, the primary tool that smaller organizations rely on to manage contacts is Microsoft Outlook. Migrating to Microsoft Dynamics 365 CRM can seem like the next most logical transition.

    Our Recommendation if Your Company Relies on Other Microsoft Products 

    Microsoft also provides a path for integrating its CRM software with the rest of the Microsoft Dynamics 365 ERP application. Finally, Microsoft also acquired LinkedIn, which provides a path to integrating its CRM with one of the most widely employed social media networks, relied on by business professionals.

    The CRM that Most Sales Teams Prefer

    Nevertheless, there are many more sales teams that know how to navigate Salesforce applications. Getting sales teams to want to use a CRM application in the first place is never an easy task. Getting them to embrace an application they don’t already know might be one challenge too many.



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