AX 7 - New Features

Recently, I came across a white paper providing summary of new features that have been implemented in AX7.  The paper needed partner source access so I am providing highlights here for those who don't have access to partner source. Please note that the White paper is draft and subject to change.

AX  NEW FEATURES:
FOUNDATION

What can you do?	AX 2012	‘AX 7’
Access the client, anytime, anywhere	The AX 2012 desktop client provided a full set of forms, but was limited to running on Windows machines and required installation. Terminal Server was often used with the desktop client to enable access over a WAN. The Enterprise Portal web client provided a reduced set of forms.	The two AX 2012 clients have been replaced by a single, standards based web client that provides the full set of functionality of the desktop client with the reach of the Enterprise Portal client.

FINANCIALS MANAGEMENT

What can you do?	AX 2012	‘AX 7’
Export account structures to Excel	Not supported	You can now select an account structure and export that to Excel.
View ledgers and advanced rule structures associated with an account structure on a single form	In AX 2012, the user has to navigate to multiple forms to see the ledger that the account structure is using.	Fact boxes have been added to the account structure form.
Filter Management Reporter (labeled Financial reporting in ‘AX 7’) reports based on dimension, attributes, dates, and scenarios	All filtering of Management Reporter reports was handled through the design of the report. If a user with viewing privileges wanted to view a report for a different date, for example, this required a report designer to make the modification	Report options have been added so when viewing a report, different filters can be applied and a new report is generated based on those filters.
View Management Reporter (financial reports) within the ‘AX 7’ client	A separate web client was used for viewing Management Reporter reports.	A list of all financial reports can be accessed within the ‘AX 7’ client. The user selects a report to view, and the report is rendered within the ‘AX 7’ client.
Monitor budget vs actuals and create ledger forecasts using the Ledger budgets and forecasts workspace and additional inquiry forms	Not available	The workspace can be accessed through the ‘AX 7’ dashboard. It includes links to a number of new inquiry forms: Actuals vs budget summary, Budget control statistic summary, Budget register entries, Budget plans.
Create layouts for budget plans and forecasts	The Budget plan document is viewed as a list of lines with effective dates and amounts for financial dimension combinations. The user must create and use Excel templates to view budget plan data in a pivot.	An unlimited number of layouts is available for budget plans and forecasts. You can combine selected financial dimensions, user defined columns, and other row attributes (such as comments, projects, assets, etc.) in the layout. Users can switch the layout for the budget plan document on the fly and edit data using any selected layout. Budget planning configuration is simplified by eliminating scenario constraints and using layouts to define which data can be viewed and edited in each budget plan document stage.
Print the Vendor Invoice Transactions report with information from the Detailed Due Day List which includes the days past due.	In AX 2012, you had to print two different reports: the “Detailed Due Day List” and the “Vendor Invoice Transactions” report.	The information contained on the two reports were consolidated onto the “Vendor Invoice Transactions” report. The Detailed Due Day List was deprecated.

HUMAN CAPITAL MANAGEMENT

What can you do?	AX 2012	‘AX 7’
Transfer skills and certificates to class participants upon course completion	Manual process in AX 2012.	Upon completion of a course a new option will be available to update participant’s records with the new skills and certificates.
Quick employment verification capability	Manual process in AX 2012	Accessed from a workspace or the employee form HR can quickly verify employment.
Enable employees to view, update, and delete information from the system	Available in AX 2012 with limited view and update capability.	This feature is enabled for employees and contractors to view a wide range of personal data with optional workflow when creating new, updating existing, or deleting information from the system.
Enable managers to view or edit employee information	Available in AX 2012 with limited view and update capability.	Managers are empowered based on configuration settings and security to view or edit employee information.
Encrypt ID numbers	Not Available	All Employee ID (SSN) numbers are encrypted.
Access compensation processing results	Available only at time of processing	Compensation processing results can now be accessed at any point after the process has run.
Access benefit processing results	Available only at time of processing	Benefits processing results can now be accessed at any point after the process has run.
View Date Effective timeline changes	Not Available	This comparison tool is available for Employees, Positions, and Jobs. It provides a comprehensive view of changes from one version of a record to another.
View employees by company	Manual process in AX 2012 through filtering	Employee and Contractor lists are automatically filtered by the company you’re logged into.
Update course participants list	Not Available	Course participants can be removed from the participants list.
Manage compensation events in mass	Not Available	This feature provides a streamlined processing of compensation changes for employees.