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?Microsoft Dynamics NAV is especially designed for midsized companies and it is appropriate for the needs of manufacturing and distribution companies. Small manufacturing units find it very useful and although it claims to be suitable for companies up to five hundred employees, it is best to be used by those who have fewer than three hundred. However, it has features and advantages that make it very popular and the fact that it is produced under the Microsoft umbrella also contributes to its popularity. Microsoft Dynamics NAV is a way of simplifying and automating all the business processes because its modules cover the entire activity of a company. 1. Financial management 2. Human resources management (HRM) 3. Supply chain management (SCM) 4. Manufacturing 5. Project management (PM) 6. Business intelligence and reporting 7. Customer relationship management (CRM) 8. Workspace optimization Microsoft Dynamics NAV comes with multi-language, multi-locations and multi-units features which makes it very flexible and suitable for complex business processes. Compared with other Microsoft products it offers a high degree of flexibility and customization. The fact that it integrates with other Microsoft applications, like MS Office or MS Visio makes it easier to use and more friendly. Employees already familiar with the interface of MS Office for instance will find it a lot easier to use this new software and implementation will be accelerated. Its integration with Microsoft SharePoint Server makes data transmission from other locations and transactions outside the office accessible. Business owners have the opportunity to make the best decisions using Microsoft Dynamics NAV because they have quick access to specific information and they can also use comprehensive reporting tools. The reports can be easily modified taken into consideration particular requirements one might have and they can be exported to other applications. Implementation of Microsoft Dynamics NAV is easy and the producer claims that it will provide to your business the exact adaptability that it needs in order to face the financial and economical changes that are taking place, the changes on the market and other challenges like globalization or staying ahead of your competitors. The product comes with excellent customer support and training and the initial cost vary depending on what modules you want to buy. The cheapest version, called tier one comes with basic features for financial management, the next one contains modules for manufacturing, project managing and reporting, while the most expensive ones has tools that enable an advanced management of your business. Read more about Microsoft Dynamics NAV. Read information on the Causes of ERP Failure. Also know about Infor SyteLine ERP.
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