Microsoft Dynamics NAV is an enterprise resource planning (ERP) software suite for mid-sized organizations. The system offers specialized functionality for manufacturing, distribution, government, retail, and other industries. The system was originally developed by Denmark-based Navision A/S until it was acquired by Microsoft in 2002.
Microsoft Dynamics NAV offers applications for financial management, human resources management, manufacturing, multiple and international sites, project management, sales and marketing, service management, supply chain management and business intelligence. The functionality is particularly strong in manufacturing and distribution. The system is known for being highly customizable and partners have developed a long list of industry-specific configurations to serve various vertical markets.
Microsoft Dynamics NAV deploys on the Windows operating system and Microsoft SQL Server, and is developed in the .NET framework, all of which are core Microsoft platform technologies. This offers customers a tightly integrated stack from infrastructure to application. The system is deployed on-site or hosted for an additional fee.
Work smarter and more efficiently with the improved workflow in NAV 2017
Dynamics NAV 2017
The many improvements in NAV 2017 revolves primarily around finance, jobs and items. Microsoft has also improved the OCR functionalities that was introduced in NAV 2016. the OCR stands for Optical Character Recognition, which essentially means optical character recognition. In Dynamics NAV 2017, the software is even better to recognize and import lines from scanned invoices and documents. NAV 2017 has also improved item attribute functionality and upgraded product categories. In NAV 2017 users will be able to cancel credit notes and purchase and sales invoices. In addition, the improvements of jobs, fixed assets and account reconciliation.
Ambition behind NAV 2017 is that users must be able to work smarter with improved and intelligent workflows. This means that there in the solution will be notifications that offers advice and recommendations based on user activity.
Embedded Power BI
With embedded Power BI it is easy to create insightful charts and reports and to make them available in your Dynamics NAV 2017 Role Center.
All reports created in Power BI can be made visible in Dynamics NAV 2017’s Role Center. Therefore, NAV 2017 allows users to get exactly the information they need to perform tasks directly from their Role Center.
The integration with Office 365 increases both efficiency and minimize the risk of errors
The experience of ‘In Office 365’
If your company use Office 365, there is in Dynamics NAV 2017 included an add-in that allows you to invoice your clients based solely on informations from your Outlook calendar.
The add-in also works for attachments in mails. This means that you can send attachments in your mail directly to the list of incoming documents and send the attached documents such as PDF files to an optical character recognition service (OCR). Here the documents is transformed into a digital and readable format after which the informations in the invoice is automatically added to Dynamics NAV.
This reduces the chance of errors considerably and thus increase productivity.
Notifications in the user interface
With Dynamics NAV 2017, Microsoft introduces a new way to send non-intrusive notifications to the UI (user interface) in the Web client. These notifications informs the user with relevant information in a given situation, but does not require immediate action by the user or blocks the user from continuing with the current job.
Improvements in sales orders processes
In Dynamics NAV 2016 Microsoft introduced integration to Dynamics CRM which enables optimized and seamless experience when converting leads into actual sales.
The improved integration in NAV 2017 is therefore using Dynamics CRM for customer engagement and Dynamics NAV for order processing and financial account which means you get the most out of the two solutions.
Micro vertical solutions
For the first time Microsoft now also talks about micro-vertical solutions a concept that otherwise only previously has been used by SAP. What they say is that the functionality will enable their partners to develop vertical and micro-vertical solutions.
Our knowledge of Microsoft Dynamics NAV 2017 is obviously limited, but of course we promise to refresh this page regularly as Microsoft releases more information.
Microsoft has greatly prioritized the financial part of Dynamics NAV and there is no doubt that the ERP system in this area is one of the leading solutions in the world. However, there are areas of the Dynamics NAV which has not been prioritized in the same way. Although these areas works just as they should, it has been a long time since they have been expanded with new functionalities.
Manufacturing in Dynamics NAV could be one of those areas. Although of course it’s pure speculation, this part of the ERP system could very easily be an area where we in future versions of Dynamics NAV will see new features.
Power BI is a suite of business analytics tools to analyze data and share insights. Power BI dashboards provide a 360-degree view for business users with their most important metrics in one place, updated in real time, and available on all of their devices. With one click, users can explore the data behind their dashboard using intuitive tools that make finding answers easy. Creating a dashboard is simple thanks to over 50 connections to popular business applications, complete with pre-built dashboards crafted by experts that help you get up and running quickly. And you can access your data and reports from anywhere with the Power BI Mobile apps, which update automatically with any changes to your data.
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Power BI can unify all of your organization’s data, whether in the cloud or on-premises. Using the Power BI gateways, you can connect SQL Server databases, Analysis Services models, and many other data sources to your same dashboards in Power BI. If you already have reporting portals or applications, embed Power BI reports and dashboards for a unified experience.
Build better Customer relationship with Microsoft Dynamics CRM
CRM solutions streamline processes and increase profitability in your sales, marketing, and service divisions. A strong CRM solution is a multifaceted platform where everything crucial to developing, improving, and retaining your customer relationships is stored. Without the support of an integrated CRM solution, you may miss growth opportunities and lose revenue because you’re not maximizing your business relationships.
Imagine misplacing customer contact information, only to learn that your delay pushed your client into the arms of a competitor. Or, picture your top two salespeople pursuing the same prospect, resulting in an annoyed potential customer and some unfriendly, in-house competition. Without a centralized program where your people can log and track customer interactions, your business falls behind schedule and out of touch.