As an integrated business management system from the ERP class, Microsoft Dynamics NAV (formerly Navision) is part of the Microsoft Dynamics product suite.
Microsoft Dynamics NAV is specifically designed for small and medium enterprises. The solution uses a single database and includes modules that cover the following business processes:
- Accounting
- Sales and receivables
- Deliveries and payables
- Fixed assets
- Warehousing
- Business resources
- Projects
- Payroll
- Manufacturing
The principles embodied in designing Microsoft Dynamics NAV reflect the latest trends in the development of information and management technologies worldwide. Some of them can be summarised as follows:
Flexibility and adaptability
Microsoft Dynamics NAV consists of several different modules. In contrast to other ERP solutions, the system provides high flexibility and quick choice of a configuration, corresponding to the specific customer needs for business functions and processes. What is more, there is an option for using only some of the modules, which can decrease the required investment without influencing the solution’s efficiency. The principle of adaptability that is grounded in the system enables adding new functionalities when expanding or optimising the business activities.
Integrity and operation in real time
Integrity and real-time operation form the basis of ERP systems. Regardless of the scope of the licensed configuration, all data that is entered, updated or calculated is accessible immediately anywhere that it is needed. Every action in the system triggers adequate information reaction in all connected modules. Thus, initial data is entered only once and the results are multiplied across all functional areas. Real-time connectivity facilitates optimal decision making on the basis of information that is up-to-date and is ready for managerial analysis.
Support of different languages and unlimited number of currencies
Microsoft Dynamics NAV supports multi-language environment and is suited for international structures and business activities. Each user can define her/his working language. Documents can also be generated in different languages. The system operates with different currencies and exchange rates. It offers easy and fast re-calculation in the local currency for receivables, payables and cash balances.
Microsoft technologies
Microsoft Dynamics NAV uses the latest Microsoft technologies. The technological and development power of Microsoft ensures a constant process of innovations that guarantees the high quality of the offered solutions. For instance, Microsoft Dynamics NAV is fully integrated with MS SQL Server, which leads to a high level of data protection, flawless operations and possibilities for expanding the existing database.
Microsoft Dynamics NAV supports e-commerce and work through the Internet via an User Portal and a Commerce Portal.
Microsoft Dynamics NAV helps you take your business where you want it to be in the way you want it to get there. With Microsoft Dynamics NAV you control your business by having quick access to accurate and up-to-date information. The solution enables you to react immediately to the requirements of your clients and to market changes.