In the IT resources industry, be it a large organization, a medium one or just a start-up, ERP plays a vital role as it is known as the most significant investment in the industry. Microsoft Dynamics NAV is known to be one of the most popular ERP systems which are much less costly when compared it to Microsoft Dynamics AX. Apart from cost-effectiveness, there are some other important features you might not be using within your ERP implementation that includes:
Analytics & Business Intelligence
It is one of the most important and advanced forecasting features of all your financial data which is used for customize reporting, automate report delivery, monitor finances to spot trends, integrate with SharePoint, and optimize cash flow by improving A/R. Moreover, it also offers multiple currency as well as language flexibility and complete bank reconciliation and cost accounting.
The key advantages of Microsoft Dynamics NAV are automation in accounting and sales forecasting. In regards to this, against each sales and purchase process, entry will happen in fully automatic manner and this way Microsoft Dynamics NAV can generate some important financial report on a time based manner like balance sheet, P/L statement, etc.
HR, Payroll, and Inventory Management
These are the key requirements of any organization which they want automated. Microsoft Dynamics NAV provides excellent features towards Payroll Management processing of wages, defining, and changing income and expense heads within the process time to time based on the changes in compliance. NAV ERP does all these tasks flawlessly.
If you are interested in buying quality Microsoft Dynamics NAV software for your business and looking for one of the best and quality manufacturers for ERP software then you are at the right place. Please do have a look here. In case of any query, you can email us.