What is Microsoft Dynamics NAV?
A multi-currency and multi-language enterprise resource planning solution, Microsoft Dynamics NAV is targeted primarily at small and midsize businesses, particularly those in the manufacturing and distribution sectors. The software helps such businesses in accounting, operations and supply chain management. The application’s ability to integrate organization’s systems with data and business processes makes it the ideal ERP software. It also allows team collaboration without having to switch applications. Microsoft Dynamics NAV is guaranteed to enrich user experience, which will enable employees to complete tasks anytime, anywhere.
Through the platform’s partner network, software customizations and add-ons have been integrated into Microsoft Dynamics Nav, offering the same for ERP systems in sectors like life sciences, third-party logistics and quality management. The software is being marketed through solution consultants, with the vendor providing price quotes based on client needs, users and deployment. It is available in two modules–the starter pack and extended pack. These modules offer different functionalities for businesses in need of enterprise resource planning improvements.
Overview of Microsoft Dynamics NAV Benefits
Companies are in constant search of the perfect enterprise resource planning solution. One that offers functionalities of a total accounting and finance software. Microsoft Dynamics ERP is designed to provide just these, delivering functionalities such as a general ledger module, accounts payable, and accounts receivable, among others. The application likewise has resource management capabilities, including job costing and multi-entity accounting and consolidation.
Microsoft Dynamic NAV’s multi-currency features are known for supporting flexible exchange rates, and multiple account setups and reporting options, all applicable to different industries. Also, the software’s strong support value added tax and sales tax calculation, along with multi-language support make up its international accounting capabilities. To handle back office record keeping tasks, the platform uses partner solutions that further automate more complicated accounting tasks.
Aside from these, the software also doubles as a distribution and supply chain management solution. It supports the usual processes involved in supply chain management and distribution. Among these functions are inclusion of substitute items, item cross-referencing and stock item handling of non-stock items. Warehouse management features are also in the offing, including functions as cross-docking, automatic replenishment and cycle counting. It is also capable of order promising, item tracking and return management. These supply chain and distribution capabilities give users absolute control over the logistics stream.
Although the software lacks business process management automation features, it can handle procurement tasks with its routing and approval capability. This feature supports email routing chains and transaction authorization, along with basic configuration options. Industry-specific supply chain add-ons have been embedded into the system, among which are heavy equipment rental, inventory adjustments and demand planning. As a manufacturing software, Microsoft Dynamics NAV really stands out. It is capable of common manufacturing solution functions such as production order management, forward flushing and serial and lot number tracking. It can likewise take on kitting tasks like demand forecasting, supply planning and finite loading.
The platform is easy to install as it is fully downloadable, it can also be deployed via cloud. It is available in two modules, with pricing schemes depending on the number of users. The software supports both Windows and Mac OS.
Truly, Microsoft Dynamics NAV is the ideal ERP solution for businesses who need accounting and finance software and so much more.
Overview of Microsoft Dynamics NAV Features
- Business intelligence and analytics
- Financial management
- Ecommerce
- Mobile service
- Warehouse Management
- Mobile sales
- Project and jobs management
- Advanced forecasting
- Inventory management
- Service management
- Manufacturing
- Distribution and supply chain management
- Human resource and payroll
- Point of sale
- Sales and marketing
Microsoft Dynamics NAV Position In Our Categories
Position of Microsoft Dynamics NAV in our main categories:
200
Microsoft Dynamics NAV is one of the top 200 Accounting Softwareproducts
Microsoft Dynamics NAV is also listed in the following subcategories:
| CATEGORY: | POSITION: |
|---|---|
| ERP Software | #26 |
Each enterprise is different, and can require a particular type of Accounting Software solution that will be adjusted to their company size, type of customers and employees and even particular industry they support. It's not wise to count on finding a perfect app that is going to be suitable for every business regardless of their background is. It may be a good idea to read a few Microsoft Dynamics NAV reviews first and even then you should remember what the service is intended to do for your company and your staff. Do you need an easy and intuitive solution with just elementary features? Will you really use the complex tools required by experts and large enterprises? Are there any specific tools that are especially practical for the industry you work in? If you ask yourself these questions it is going to be much easier to locate a solid service that will match your budget.
How Much Does Microsoft Dynamics NAV Cost?
Microsoft Dynamics NAV Pricing Plans:
Microsoft Dynamics NAV is available on both one-time payment basis and subscription-based pricing. Here are the details:
Starter Pack: $5,000
- Three concurrent users
- Additional limited users: $600 each
Extended Pack: $10,000
- Cloud deployment: $149 per user per month
User Satisfaction
We realize that when you make a decision to buy ERP Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Microsoft Dynamics NAV reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Microsoft Dynamics NAV. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.
POSITIVE SOCIAL MENTIONS | 6 |
NEGATIVE SOCIAL MENTIONS | 0 |
Technical details
Devices Supported
- Windows
- Mac
Language Support
- USA
- UK
- Canada
- International
- China
- Germany
- France
- Italy
- Dutch
Pricing Model
- Monthly payment
- One-time payment
- Small Business
- Medium Business
- Cloud Hosted
- On Premise
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