18 Jan Enabling Informed Decision Making With Microsoft Dynamics Navision
Microsoft Dynamics NAV is the most sought after ERP (Enterprise resource planning) software in the market today. An ERP software integrates information from many business segments, both internal and external, into a single all-inclusive solution. A good ERP system helps an enterprise to stay on top of the deck, by delivering relevant corporate information related to vendors, previous orders, sales volume etc. all from a single point of access. This not only helps in making well-informed decisions, during a phase of rapid product development, but also lays down a solid foundation for continuous dynamic analysis; subsequently unfolding new growth strategies.
The Microsoft Dynamics NAV ERP system, caters to small and medium size organizations and assists in the functioning of various business processes including sales and marketing, customer relationship management, finance, analytics and reporting, human resource management and many other core modules. Its simple interface and quick implementation, connects people and processes, to deliver a comprehensive solution.
The Dynamics NAV ERP system is a valuable addition, towards building an efficient organization architecture. Here are some factors that make it an industry leader amongst other ERP solutions:
- Simple and user-friendly interface : Dynamics NAV offers a familiar navigation experience just like any other Microsoft programs. This means a minimal learning curve and easy adaptability to meet specific business needs.
- Open source : Unlike other Microsoft products, Dynamics NAV stands out for being an open source system. This is a key differentiator as its flexibility suits the brisk nature of a modern enterprise. As organizations evolve, modifying the source code to meet custom requirements is possible through an open source code platform.
- Easy integration with other Microsoft tools : Combining the Dynamics NAV architecture with Microsoft Office suite, Share Point and the Dynamics CRM package is easy. It offers more processing capabilities under the flagship software and reduces operational time for various tasks considerably.
- On-premises or hosted : Many small and medium businesses have their servers in the office building itself and outsourcing their maintenance, installation etc. is common these days. Though many ERP software are restricted to either a third-party host or an on-premises operation, Microsoft NAV gives users the freedom for both.
- Add-on customization : At a certain point, there might be a need for extra features, to execute highly specialized business operations. Add-ons designed by independent software vendors and certified by Microsoft neatly fill in these gaps. The NAV system offers an extensive list of add-ons created for specific verticals such as leasing, construction, life sciences and automation services.
Additionally, the Dynamics NAV ERP system is rich in offering manufacturing and supply capacity planning and forecasting. Forecasting and automation of key business processes such as creation of invoice receipts and purchase orders results in efficient use of resources and time. In a competitive business environment, deriving accurate information easily, aids better decision-making and a fluid workflow. An ERP system such as Microsoft NAV serves as an active operational backbone, seamlessly integrating information from multiple channels to facilitate well-informed decision-making.
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