With Microsoft Dynamics NAV now being utilized by more than 110,000 small and mid-sized businesses and organizations worldwide, the time couldn’t be better for the latest update offering, coinciding with the new release of Microsoft Dynamics NAV 2015. Designed with the purpose of helping these companies increase their productivity while reducing the costs and complexities associated with growing a business to its potential, business owners/managers are given simple-to-set-up and easy-to-use tools to help them optimize their business processes. Read more
Microsoft Dynamics AX, Dynamics SL, Dynamics GP and Dynamics NAV are leading enterprise solutions tailored for different industries. Many organizations depend on one or more of the four product lines in their daily operations.
When organizations need a new ERP system, the costs of installing or upgrading is something that must be carefully considered. However, did you know that if you already use one of the MS Dynamics products you qualify for full investment credit if you upgrade to a different Dynamics system? The credit is offered as part of Microsoft Dynamics enhancement plan and is referred to as the Product Line Transition.
Companies upgrading ERP from Dynamics SL or Dynamics GP to Dynamics AX or Dynamics NAV can taking advantage of this promotion from Microsoft and save on their new installations. The promotion applies for various transitions, including:
- Product Line Transition: Move from Dynamics SL or Dynamics GP to Dynamics NAV or Dynamics AX and get full investment credit for the cost of the original ERP purchase.
- Edition Transition: Changing your Dynamics AX (or other Dynamics ERP product) edition. For example, upgrading Dynamics AX R2 to Dynamics AX R3.
- License Model Transition: Changing from the Module Based Licensing model to the Business Ready Licensing model, within Dynamics AX (or other MS Dynamics ERP product).
There are a number of reasons why it may be necessary to transition to Dynamics NAV or Dynamics AX. One reason is functionality. While all Dynamics ERP products are solid financial systems, their capabilities are tailored for particular industries. For example, upgrades on Dynamics SL have in the recent years focused on project accounting features, which are best suited for companies in the service industry. If your core business is manufacturing or distribution, Dynamics AX will be a better system to use.
Dynamics AX may not only be a better fit for your organization in terms of functionality, but you can also save on cost by taking advantage of product transition credit. When you switch to Dynamics NAV or Dynamics AX from either Dynamics SL or Dynamics GP, you will receive a full investment credit for the value of your new system to use toward the license cost of the software you are transitioning from.
Benefits of Upgrading to Dynamics AX or Dynamics NAV
To ensure a successful transition, it’s important to worki with a Microsoft Certified partner that has experience with Dynamics AX or Dynamics NAV installation. The partner should also be able to help replace your CRM system to take advantage of Dynamics AX and NAV integration to Dynamics CRM.
Some benefits of upgrading to Dynamics AX include:
a) Increase growth without adding staff
Dynamics AX helps to improve efficiency and output in the organization without increasing costs. As a result, organizations can realize an increase in the volume of transactions and the bottom line.
b) More efficient processes
The order entry process in Dynamics AX is extremely efficient. You can document the time it takes to process orders and drill down on areas where wastage can be eliminated. By having accurate information, you can tell a customer exactly what’s available in store and when it can be shipped out.
c) Flexible for your organization
After Dynamics AX has been installed, you will not have to modify your workflow and procedures to fit the software. The software is made flexible to fit your organization’s present and changing needs. The ERP is also user friendly and does not have a steep learning curve.
d) Integration with Dynamics CRM
You can provide the sales team with the information they need by using Dynamics CRM integrated with Dynamics AX. For instance, the team can view customer information, including pricing directly in Dynamics AX.
e) Better reporting through Excel
Dynamics AX integrates with various Microsoft products, including Excel. The ERP implementation partner can configure AX to generate data directly into Excel in the format that the management wants. This will not only reduce time that employees would have spent on creating reports, but also save you money.
Working with a Microsoft Certified Partner when upgradig from Dynamics SL or GP to Dynamics AX or NAV is crucial to the long term success of your organization.
Part of Microsoft Dynamics’ family, NAV delivers an ingenious ERP solution able to assist small and medium-sized enterprises in finance, manufacturing, supply chain, and customer relationship management. Ready to go one step further, Dynamics NAV 2015, formerly codenamed “Crete,” promises to take care of two pain points most NAV users have encountered over the years:
1) Upgrades – NAV 2015 includes more upgrade tools to make possible technical upgrades instead of full upgrades. This means that users don’t have to perform any of the additional technical tasks they used to complete before, which will reduce overall deployment and maintenance costs.
2) User experience – Coming with a brand new interface, NAV 2015 will provide a more consistent user experience across Windows, Apple and Android devices.
According to Kirill Tatarinov, Executive Vice-President of Microsoft Business Solutions, the cloud-based Business Intelligence (BI) technologies included in NAV 2015 will also make possible seamless integration with the new Office 365, extending system functionality for superior reporting capabilities. In a nutshell, users will be able to use the tools they’re already accustomed to (Excel, SharePoint and mobile devices) to complete different operations more efficiently.
Why Choose NAV 2015
Although very little information has been published so far, a demo performed during Microsoft Convergence 2014 revealed that “Crete” delivers a wide range of new features, which will make possible advanced data processing. For instance, you’ll be able to develop more relevant formulas and even to use information derived from NAV in conjunction with data collected from other systems in order to perform more complex analyses.
Additionally, you can use the system to create color codes for highlighting titles and different areas of your reports. This way, identifying specific elements on a page becomes a very simple task. Browser performance has also been improved, offering users a truly intuitive and smooth browsing experience.
Upgrading to Dynamics NAV 2015
One thing is for sure: as many people are currently running pre-NAV 2013 versions, an increasing number of users will start looking for system upgrades very soon. Furthermore, Microsoft will end technical support for NAV 2009 in 2015, which means that the latest software version is going to be in high demand.
Fortunately, NAV 2015 is on its way, proposing new, more powerful features, which will not only streamline financial, inventory, warehouse, sales, marketing and service management, but also allow current users to keep customization to a minimum when replacing previous software versions with the latest one.
Besides, the most recent solutions released by Microsoft (e.g. Dynamics NAV 2012 R3 and GP 2013 R2) indicate another essential aspect: over the past few years, the developer has made impressive efforts to develop new mobile business management tools. Dynamics NAV 2015 should be included among these solutions not only because it delivers a new software version, but also because it’s one of the few tools that will help developers turn “mobility” from a simple trend into one of the most essential concepts of Information Technology. Further, the concepts especially created for this new upgrade will provide more reliable upgrade paths for future software solutions.
Should You Upgrade or Re-Implement?
If you’re a NAV user, you have the option to either upgrade or re-implement. To make the right choice, you need to consider the following factors:
- An upgrade may be a better option if you use a recent NAV version, such as NAV 2009. In case of an older version, it’s better to re-implement.
- If the version you’re currently using has been heavily customized, re-implementing the system is the best alternative to get stable business solution.
- If your organization has changed significantly since the last implementation, it’s important to consider the degree of customization performed and required for the future before deciding between a system upgrade and a re-implementation.
As Dynamics NAV continues to evolve, manufacturers will be able to streamline more business areas, while meeting growing customer needs and demands. Though quite brief, the overview presenting the features and technologies included NAV 2015 reveals the fact that this software solution will probably become a key business success factor, helping small- and medium-sized enterprises overcome inefficiencies and move forward toward their goals.
More than 100,000 organizations throughout the world are currently using Dynamics NAV. Delivering the perfect tool for performing a variety of processes, from basic accounting to complex distribution operations, NAV is one of the best solutions you can find to streamline your activities and increase efficiency. Besides offering a specialized system that can help organizations stay competitive in today’s market, here are seven more reasons why most distributors choose NAV over other distribution ERP software solutions.
- Powerful Functionality. Making available a series of useful functions, including Timeline Visualization, Assembly Management, Cost Accounting and Cash Flow Forecast, NAV provides deep insight into all the processes that drive business success. Having greater control across operations makes you confident that the right decisions are made at the right time. To help you improve productivity and boost profit margins, NAV offers a clear view across all the systems you use, while allowing you to automate different business processes, manage tangible (fixed and current) and intangible assets, manage inventory, forecast demands, schedule tasks, set special discounts for top customers, draft a wide variety of reports based on preset settings, etc.
- Simplicity. Simplicity may seem unimportant when assessing the characteristics of a distribution ERP system. However, one of the most important challenges for ERP software developers is to create more features, while keeping systems user friendly. Microsoft has managed to do this, Dynamics NAV being one of the few distribution ERP software solutions quick to learn and easy to use. Even greater is the fact that it provides the same intuitive look and feel as Microsoft Office, a software app suite that most people are accustomed to.
- Scalability. Running on Microsoft SQL server, NAV delivers a series of advanced features, such as indexed views, bulk insert, memory cache and three-tier architecture. What do all these mean? In a nutshell, NAV not only responds quickly to commands, but also supports new functionality, making possible horizontal and vertical growth at different paces. The multi-currency feature is a valuable add-on for the companies running global operations or planning to expand across borders.
- Customization. Providing full access to source code, NAV is one of the most versatile distribution ERP software. You can add modules, select features, modify formulas and policies, and create new fields from scratch within several minutes. Basically, any must-have requirement can be met with Dynamics NAV.
- Role Centers. Offering different Role Centers out of the box, NAV provides role-tailored features. For instance, special Role Centers for Accounting Managers allow accounting managers to access business data specific to their roles. Providing limited access to information is one of the best things you can do to protect sensitive data, including your clients’ addresses, names and credit card information. Further, offering information according to roles streamlines processes, helping your staff work more efficiently.
- Tracking Capabilities. Most distribution ERP software solutions are useless when it comes to tracing information back to certain events. Fortunately, Dynamics NAV is different. Equipped with “SumIndexFields,” a smart technology that records everything, NAV gives you access not only to all entries, but also to their details, regardless of when they’ve been made. Another great thing is that all entries are linked together, which means that you can choose a particular transaction and navigate back and forth to assess the impact it has had on your business. Further, the system verifies all the entries before posting them, preventing inaccuracies (e.g. subtracting items from stock lists before adding them, resulting in negative stock balance) from occurring.
- Cloud Functionality. NAV is available either on premise or via the cloud. Although you may feel more comfortable using the on-premise software version, NAV in the cloud provides added functionality, including online payment service, built-in integration with Dynamics CRM and remote access from anywhere, at any time. The hosted option is the best choice for any company searching for a robust ERP solution ready to keep up with its needs.
If you’re tired of hearing how “great” most ERP systems are, here’s one thing to keep in mind: Dynamics NAV is one of the most complex distribution ERP software solution capable to deliver incredible agility and flexibility, so that distributors can offer their customers unparalleled service.