Microsoft Dynamics NAV – Best ERP System for a Small & Medium Enterprises

 In the past, businesses had some sort of accounting, finance, or HR process but the software systems they had often worked separately and didn’t talk or work with one another. What makes modern ERP software different is that it brings all these different processes to the table to collaborate and create one fluid system.

Current solutions also allow each department to see what the other is doing. The result is that accounting and HR can easily collaborate with sales and customer relationships.

 Why ERP is important for your businesses

 While there’s no all-up solution software for every business processes, ERP technology is getting better and better at bringing all your business processes together to improve collaboration, help your company make data-driven decisions, and advance business productivity.

ERP can cover a lot of company functions, but some of the main business processes include:

Finances

Modern ERP offers dashboards that give you an overview of your finances, so you can tap into the real-time information anytime and anywhere. It should also help you cut down on entering information manually by automating daily tasks and include tracking abilities that help with your business’s regulatory compliance.

Human resources

Modern solutions offer ways to manage company data and streamline employee management tasks like payroll, hiring, and other duties. You could also track employee performance and identify HR problems before they happen.

Manufacturing

This function improves business communication, automates daily processes, and offers manufacturers the ability to fulfill customer needs and manage resources by accessing real-time data. This solution also optimizes project and cost management as well as production planning.

Supply chain

If your company is still entering information by hand and trying to track down stock in your warehouse, you can easily save time and money by automating these processes with ERP. Modern solutions also offer dashboards and business intelligence to help you get a handle on your stock management.

Microsoft Dynamics NAV modules:

Microsoft Dynamics NAV Business Central/Navision connects information from every corner of your business. The following lists illustrate the breadth of integrated modules you can choose from.

Microsoft Dynamics NAV Business Central/Navision Distribution Modules:

·         Inventory management                                      
·         Warehouse management
·         Order processing                                                  
·         Returns management
·         Automated data capture systems (ADCS)       
·         Pricing for sales and purchasing
·         Inventory costing                                                  
·         Shipment and delivery

Microsoft Dynamics NAV Business Central/Navision Manufacturing Modules:

·         Production orders                                                  

·         Bill of materials

·         Supply planning                                                      

·         Demand forecasting

·         Capacity requirements planning                         

·         Manufacturing costing

Microsoft Dynamics NAV Business Central/Navision CRM Modules:

    ·         Contact management                                   

·         Contact classification

·         Campaign management                                          

·         Opportunity management

·         Task management                                                    

·         Document management & Interaction log

·         E-mail logging for Microsoft exchange                  

·        Outlook client integration

Microsoft Dynamics NAV Business Central/Navision Service Management modules:

·         Service item management                                       

·         Service price management

·         Service order management                                     

·         Service contract management

·         Planning and dispatching                                         

·         Job scheduling

Microsoft Dynamics NAV Business Central/Navision Management Modules:

• General ledger
• Receivables and payable
• Cash manager
• Fixed assets
• Human resources
• Budgeting and reporting
• Consolidation
• Project management
• Multiple dimensions
• Multi-currencies