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What is Microsoft Dynamics NAV?
Microsoft Dynamics NAV, formerly known as Microsoft Business Solutions Navision, is a comprehensive and powerful enterprise resource planning (ERP) system specifically designed for the small and mid-size business. With Microsoft Dynamics' unique customization tools and easy to use menus, businesses that choose Microsoft Dynamics NAV enjoy faster deployment with exceptional success.
1. Financial Management
Record and store financial records in a central general ledger that includes charts of accounts, balances, VAT reporting, and more.
| • | Define your preferred currency |
| • | Create accounting periods based on your fiscal and business cycle |
| • | Manage bank accounts and cash |
| • | Automate routines such as check-writing, bank statement reconciliation |
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Set up and sort your chart(s) of accounts the way your workers need to use it.
Demos, fact sheets, and more information…
2. Manufacturing
Manufacturers can respond quickly to customer demands and improve manufacturing performance by automating and improving processes such as:
| • | Production-order management |
| • | Supply and capacity planning |
| • | Visibility into shop floor operations |
| • | Graphics-based production schedules |
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Let workers see order schedules and status at a glance.
Demos, fact sheets, and more information…
3. Business intelligence
Turn raw data into understanding of how a business is operating.
| • | Choose from basic or advanced analytics functionality |
| • | Provide decision makers with a 360-degree view of performance |
| • | Set up graphical reports and displays, using an interface similar to Microsoft Outlook 2003 |
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The advanced analytics offering has a familiar Outlook-style design, helping people access and visualize data faster.
Demos, fact sheets, and more information…
4. Sales and marketing
Put customer information at the fingertips of managers and employees to help your people build better customer relations.
| • | Manage contact information |
| • | Organize sales campaigns |
| • | Identify sales opportunities |
| • | Automate sales tasks |
| • | Set up automatic reminders |
| • | Document approval |
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An intuitive interface helps sales and marketing staff organize contacts, recognize opportunities, and respond to customer needs effectively.
Demos, fact sheets, and more information…
5. Distribution
Microsoft Dynamics NAV gives businesses a flexible solution for solving distribution challenges. It can be used to:
| • | Track and manage inventory, including in multiple locations |
| • | Get up-to-date information about in-stock quantities |
| • | Implement better warehouse management, including tailored pick orders and stock replenishment by pre-set thresholds. |
| • | Get real-time data regarding inventory and shipments. |
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Warehouse management data helps make it easy for workers to stay informed of inventory available and order status.
Demos, fact sheets, and more information…
6. 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. |
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7. Integration with Your Systems
Microsoft Dynamics NAV is designed to work smoothly with other Microsoft products such as Microsoft Office 2007, Microsoft SQL Server 2005 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. More information about system integration:
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| • | Hub and spoke: Work more efficiently with subsidiaries and branches |
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