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Microsoft Dynamics NAV (formerly Navision)
Microsoft Dynamics NAV is a business management solution for small and mid-sized organisations that helps you simplify and streamline your highly specialised business processes, rapidly adapting to the unique way you do business. Microsoft Dynamics NAV provides you and your people with industry specific functionality that's relevant to the local needs of your regions of operation, even for the most highly specialised industries and organisations.
Through the rapid adaptability, simplified customisation, and ease of use offered by Microsoft Dynamics NAV, you can easily add functionality, custom applications, and online business capabilities. Microsoft Dynamics NAV enables your people be effective and your business to be competitive.
Microsoft Dynamics NAV addresses the following business needs:
Financial management |
Record and store financial records in a central general ledger that includes charts of accounts, balances, VAT reporting, and more.
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Manufacturing |
Manufacturers can respond quickly to customer demands and improve manufacturing performance by automating and improving processes such as:
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Business intelligence |
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Distribution |
Microsoft Dynamics NAV gives businesses a flexible solution for solving distribution challenges. It can be used to:
Purchase and Payables
Use the flexibility of Microsoft Dynamics NAV and the company-specific setup options to effectively manage payables.
Apply a payment to as many invoices and credit memos as you like. For greater control, you can choose how to apply customer or vendor transactions by specifying the amounts to apply to individual documents. This can be especially helpful when customers make partial payments. If you choose the "Apply-to-Oldest" method, the system can automatically apply receipts to the oldest invoices for specific customers.
View detailed information about the amounts that will be posted to the general ledger prior to posting, such as payment discounts and rounding amounts.
Unapply or "reverse" all postings and changes related to an application of customer and vendor transactions so they can be applied correctly.
Set a tolerance level (in local or other currency) on an invoice in order to apply and fully close the invoice and payment entries, even if the payment amount is less or more than the invoice. Tolerance can be automatically allowed or decided on a case-by-case basis.
Set a tolerance level of several days to apply and close an invoice and payment, even if you receive the discounted payment later than the discount date specified by the payment terms. Discount tolerance can be automatically allowed or decided on a case-by-case basis.
Integration with your systems
Microsoft Dynamics NAV is designed to work smoothly with other Microsoft products such as Microsoft Office, Microsoft SQL Server and Microsoft Windows Vista and XP. For example, documents written with Microsoft Word can take data from the Microsoft Dynamics NAV database and incorporate that information into a customer letter. Workers can use Microsoft Excel to create reports with up-to-date figures imported from Microsoft Dynamics NAV. Commerce portal capabilities also allow a company to create a Web site to work easier with customers and partners.
In addition, Microsoft Dynamics NAV also can be integrated with a wide range of other software products, so even if a small business already has substantial IT infrastructure, it can be used with Microsoft Dynamics NAV so that a business makes the most of its IT investment.
Hosted or on-premise – the power of choiceMicrosoft Dynamics NAV is available through Technology Management's hosted applications or deployed on your own servers.
