Microsoft Dynamics NAV
Microsoft Dynamics NAV is an enterprise information system designed to manage key processes within the company. It allows users to get a more detailed overview of what is happening in the company through a wide range of reports, automates processes related to finance, sales and marketing, production, warehousing and supply, and a lot more. The ERP system Microsoft Dynamics NAV is designed for medium-sized companies that are looking for a software solution that excels in its simplicity, flexibility and intuitive user interface.
In general
Microsoft Dynamics NAV belongs to the Microsoft Dynamics Information Systems family. In 2013, a new generation of the world-famous Microsoft Dynamics NAV ERP was revealed to the world, and its fifth version is now available with Dynamics NAV 2018. This version of the ERP system focuses on improving user productivity. Microsoft Dynamics NAV 2015 offer possibilities and opportunities for business, for example, through new opportunities in cloud computing, Microsoft Application Virtualization support, and Online Payment Services.
A significant change is not only a stronger platform for the new version, but it also boasts a more sophisticated role-based user interface. Other major news from previous releases includes Microsoft Dynamics for Tablets, which allows users to work from anywhere. The app is available on commonly available devices on Windows, Android, or iOS platforms. Native collaboration between Microsoft Dynamics NAV and the Microsoft Office Office suite and Microsoft SharePoint platform is expanded.
In October 2018, the latest version of Dynamics NAV was released under the name Dynamics 365 Business Central on-premise. The application retains the popular benefits of the previous version of Dynamics NAV 2018 and features integration tools with other applications from the "365" product family. The advantage is tight integration with Office 365, support for Cortana Intelligence, machine learning and IoT, and the widest range of extensions from the AppSource online store, which will continue to grow. Dynamics 365 Business Central thus becomes the true center of the enterprise solution for the user. It allows you to cover the different needs of multiple operations while integrating data in one place.
Sales and marketing (CRM)
The Sales and Marketing module manages the contact segments on the basis of determined criteria. These can be nationality, a line of business, customer segmentation based on the ABC method. It allows you to create interactions in contacts with call records or correspondence. Of course, there is the possibility of attaching the extensions .txt or .xls to the contact file. Contacts and information contained in Microsoft Outlook can be easily synchronized with Microsoft Dynamics NAV. This provides the sales department with data for the creation of in-depth analyses.
Financial management a controlling
The powerful financial management and controlling tool covers all financial management throughout an organization. It effectively provides the most important data from the chart of accounts, budgets and cash flow, which can be used to monitor the financial health of the company. It manages the general ledger, accounts receivable, accounts payable, inventory, fixed assets, and cash flow. For tangible assets, it can capture the entire lifecycle from acquisition to liquidation. By combining Microsoft Dynamics NAV with Microsoft Excel it can assist in creating reports according to your requirements. With this functionality, you have complete control over the financial situation in your organization.
Management and planning production
This module automates processes from ordering through to production, warehouse management and even to delivery. It creates a material inventory, calculates product costs, improves inventory management and oversees supply planning. With the integration of important information, it can flexibly respond to changes and have updated information about open capacity. This makes it possible to obtain new business opportunities.
Projects and Services
This is for managing current and planned projects, comparing the actual and projected costs, which can easily determine whether the project is profitable or loss-making. The project manager has access to data, reports, and alerts to guarantee the timely completion of the project in accordance with the contract schedule. Managers have access to data and reports, enabling them to coordinate the work of their subordinates through tasks in Microsoft Dynamics NAV, thereby giving an overview of the project and ensuring its timely implementation. This module monitors service contracts, records the consumption of parts per order, contracts with customers and provides a complete overview of costs and revenues.
Warehouses and supplies
This module is intended for warehousing and supplies, covering all processes of inventory management, purchasing, production and distribution and thus creates technology that optimizes processes by reducing costs, improving communication and collaboration with business partners and generates relevant reports to ensure the speed and accuracy of decision-making with respect to changing conditions. Recent times require lower prices, faster processing, and higher value-added services. Combining Microsoft Dynamics NAV with RFID technology creates the perfect combination with minimal effort.
Payroll and Human Resources
This HR module records all employee information, including information such as formal qualifications, required and completed the medical examination, type of employment, demands for work-related aids and assistance, attendance records. All contracts with employees can be stored in electronic form on the employee card. The wages module is based on data collected on employees and deals not only with wages but also output statistics electronically communicates with the Social Security Administration, health insurance companies or pension funds.
Technology
Microsoft Dynamics NAV works on modern three-tier architecture. It provides heterogeneous access (Windows client, Web client and SharePoint client) to the application layer and database server, increases the theoretical performance and makes it easy to upscale the resulting solution. Dynamics NAV provides tools for Business Intelligence and uses the latest technology, Microsoft SQL Server.