Microsoft Dynamics NAV (formerly known as Navision Software) is a flexible, comprehensive Enterprise Resource Planning (ERP) software solution designed specifically to help small and medium-sized businesses grow and take more control over their key financial and business data.
Microsoft Dynamics 365 Business Central (on premise) is the new name for Microsoft Dynamics NAV. Learn more about Dynamics 365 Business Central.
Unlike single-focus accounting packages, Dynamics NAV pulls information together from across your business, from supply chain and stock management through accounting, human resources and customer management, giving you a complete, end-to-end view of your business’s performance.
Whilst it is a legacy system, TVision will still support all of their clients who use Microsoft Dynamics NAV (Navision Software), as well as any clients who chose to transfer across to us for their support.
That means you’re better able to make the big decisions to grow your business, identify and address inefficiencies in your processes and improve your ability to meet – and exceed – customer expectations.
What’s more, Microsoft Dynamics NAV ERP is flexible and powerful enough to grow with you, whatever direction your business takes in future.
Read more from TVision about Microsoft Dynamics NAV: Navision Software v Microsoft Dynamics NAV and Navision, Dynamics NAV, Business Central – What’s in a name?
The core of any ERP solution is its ability to provide deep insights and easy reporting functionality across your finance and operations functions. Microsoft Dynamics NAV brings together asset tracking, purchase and sales ledgers, group and divisional accounts together in one place. That means full audit trails across the business, an ability to foresee discrepancies in forecasting vs actuals and understand the true profitability of every part of the business.
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The real power of ERP is in the ease with which in-depth analysis and reporting can be performed. Microsoft Dynamics NAV enables one-button creation of standard or custom reporting, as well as the ability to run complex scenario planning and virtual workflows. This helps you avoid future financial and planning pitfalls as you navigate your way to business success.
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Managing separate project costs and understanding their impact on the bigger picture can be a challenge, but it’s an essential piece of ensuring the wider business’s cash flow, assets and profitability are reported properly. Whether your individual projects budgets run into thousands, tens or even hundreds of thousands of pounds, being able to run separate P&Ls that automatically feed in to wider financial reports can save hours of manual reworking and ensure against costly errors and surprises.
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How you manage your stock and manufacturing operations directly impacts on profitability and cash flow. But identifying the source of inefficiencies across different product lines, multiple sites and disparate third party suppliers is often difficult. With Dynamics NAV, all those disparate systems, paper forms and “educated guesses” can become a thing of the past, giving you a single, accurate and always up-to-date view of your stock and manufacturing operations.
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Thanks to a flexible API and a range of dedicated third party tools and extensions, the already impressive functionality of the Microsoft Dynamics NAV can be enhanced even further to deliver anything from document management to industry-specific functionality that enables your platform to talk seamlessly with your suppliers via a common system.
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‘Diversity and flexibility’ may replace specialism longer term via @HarpersWine http://ht.ly/lQ8W30qLeuZ Bevica #ERP
Going #backtobasics of business performance http://ht.ly/K2VN30qLegi via @ChiefExecGrp
Top financial forecasting methods explained via @FDleaders http://ht.ly/9Ks130qLdyc
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