Microsoft Dynamics NAV for Business
Microsoft Dynamics NAV is an enterprise resource planning (ERP) app from Microsoft. The product is part of the Microsoft Dynamics family, and intended to assist with finance, manufacturing, customer relationship management, supply chains, analytics and electronic commerce for Small and Medium-sized Enterprise and Local Subsidiaries of Large International Groups.
Features
Financial Management is the foundation of maximization of profit and wealth and minimization of capital cost. Accounting provides actual money measurement, keeps tab of loss and revenue details, and allows for in-depth analysis. Software that can provide both is essential for financial visibility.
Some key features:
- Connects basic general ledger with other functions such as allocations and budget internally in one environment
- Schedule accounts and make account consolidation easy
- Forecast cash flow to ensure its health and determine basic fixed assets and manage fixed assets allocations
- Allows for bank management and bank reconciliation, check writing, and payment handling.
- Assists in setting up various types of financial dimensions, either basic or advanced and handle deferrals
- Caters for huge organizations with unlimited number of companies and worldwide operations, partly due to its multiple currencies feature
- Extended functions include responsibility centres, inter-company postings and cost accounting
With supply chain are becoming more complex and difficult, software have to be able to deal with multi-channel sales and higher expectations of customers.
Some key features:
- Allows for basic receivables, sales invoicing, sales order management and discounts
- Able to manage all shipping aspects by having features for alternative ship-to addresses, shipping agents, and drop shipments
- Better control of purchases made by customers and basic inventory
- Improves connection between salespeople and customers well and simplify process of purchase order management and its return and purchase line pricing and discounting
- Allows for location transfers, item substitutions and item cross references
- Synchronizes production, analyse performance, ensure compliance and quality, and provides interface that can bridge between human and machine
- Supports assembly management, analysis reports, workflows and document management including document capture and OCR
- Incorporates e-Services
- Extended features include more functions in the forms of warehouse management systems, bin setup, cycle counting, campaign pricing and many others.
Successful business is able to create a connected view that can simplify their sales and service workflow. A software that can synchronize between all sales points and take into account all the details involved in the activities are essential.
Some key features:
- Manages different sales territories
- Accelerates the processes involved in sales
- Allows for engagement with prospective customers or clients in real-time
- Allows for revenue forecast
- Create marketing teams and their targets according to fiscal year
Better project management ensures better productivity and profitability. It allows for better understanding and control of basic resources, hence improving its allocation and reduce spending. With a software that has feature for multiple cost the overview of spending control can be achieved.
Some key features:
- Enable project managers to plan projects well by taking into account every tasks/steps
- Able to consult time sheet for an overview of all jobs and make estimates
- Synergizes and prioritizes between projects
- Able to report real-time issues and findings
- Allows for immediate calculated response and capacity management when there is any new rising matters
In the current IT environment, flexible deployment allows for installation and usage across existing IT infrastructure without having to make any significant changes that may increase cost.
Advantages of the software:
- Can be installed and run on an organization’s own servers or in the cloud
- Can be preconfigured for automatic installation as a package of hardware and software.
To have an edge in business, business intelligence is no longer optional but necessary. Hence, possessing comprehensive business information and a right software to analyse the data is essential.
Some key features:
- Collects, stores, accesses and analyses business data to aid in decision-making.
- Allows for data analysis across many goals
- Able to handle strategic planning process
- Creates comprehensive and in-depth reporting of business information.
Nowadays, for a business tool to be fully effective and efficient, it must support international trading and customers. Hence, incorporation of international currencies feature is essential. It reflects an organization’s readiness to take part in globalized economy and robust nature in its business approach.
Catering for worldwide customers open new opportunities for a business to grow in the world without boundary.
Extended
- Production Orders
- Production Bill of Materials
- Version Management
- Agile Manufacturing
- Basic Supply Planning
- Demand Forecasting
- Basic Capacity Planning
- Machine Centers
- Finite Loading
- Contact Management, Task Management, Outlook Client Integration
- Contact Classification, Campaign Management, Opportunity Management
- Interaction/Document Management, Mail Logging for Microsoft Exchange
- Microsoft Dynamics CRM integration
Extended
- Service Order Management
- Service Price Management
- Service Item Management
- Service Contract Management
- Planning and Dispatching
Basic Human Resources
- Basic Resources, Capacity Management, Multiple Costs
- Estimates, Tasks/Steps, Jobs, Time Sheet