Managing an online shop is a demanding task and the bigger the business, the more difficult it is to control all processes. From controlling own employees in the warehouse or customer service to managing processes with suppliers and partners who are responsible for logistics, product supply or other outsourcing services. With a business planning or ERP system, all can be made more clear.
The ERP - Enterprise Resource Planning - is an adaptive management software for companies of all sizes. It enables all data from different departments to be centralized in a single system. Thus, it facilitates access to company data and the sharing of information.
The implementation of an ERP system enables, among other things, the standardization and protection of data, the automation of processes and reports as well as the management of information in a fully integrated system. The best-known ERP management solution that allows all of these processes to be managed successfully is Microsoft Navision.
Microsoft Dynamics NAV (Navision) is an advanced ERP solution for SMEs (the former name of Dynamics 365 Business Central) from a leading global software manufacturer. Dynamics 365 Business Central was acquired from Microsoft. The software is now one of the most popular management systems in the world and is used in over 120,000 companies in more than 165 countries.
The software covers all aspects of business activities and enables users to quickly increase business efficiency, control current business processes and improve business cooperation with customers and partners. The system is suitable for companies that want to comprehensively understand and influence the processes running in the company.
Microsoft Dynamics NAV is a complex system. It is designed to automate all kinds of economic activities of a company, the main functional areas of the system are:
Financial Management (FM)
Supply Chain Management (SCM)
Customer Relationship Management (CRM)
Sales and Marketing
Project Management (PM)
Human Resource Management (HRM)
Detailed Overview of Functions
Microsoft Dynamics NAV offers a wide range of functions in all of the areas described above:
Inventory management. These include: management of the sales of goods, specifications, warehouse operations, replacement of goods, order tracking, operational accounting, batch evaluation, evaluation according to serial number, etc.
Warehouse management: Management of infrastructure, movement of goods in the warehouse, automated data acquisition system, returns management, warehouse loading control and other options.
Human resource management. This includes the following functions: support of shift calendars, position plan, change of personnel, timesheets, holiday planning and control, absence control, etc.
Customer relationship management. These include: segmentation and management of contacts, logging of interactions, commercial offers, classification by industry and other criteria, grouping, integration with Microsoft Office system, etc.
Financial accounting. In this functional area, the software offers support for various accounting models, support for multiple currencies, budget and financial planning, cash flow management, liquidity analysis, payment control, management of bank accounts, flexible preparation of financial reports and much more.
Production management. This functional area includes control of capacity utilization, reallocation of tasks among the production capacities, capacity limits, accounting of prime costs from subcontracts, differentiated calculation of manufacturing costs, delivery planning, requirements anticipation, etc.
Billing with customers and suppliers: debt control, processing of orders and invoices, management of prices and discounts, calculation of delivery times, processing of returns, alternative delivery addresses, processing of partial payments, cancellation of payments and others.
Project management: flexible plans and budgets for projects of various types, detailed planning of tasks and necessary resources, management of price and labour costs for projects, billing of additional costs, etc.
The advantages of the Navision solution
Microsoft Dynamics NAV has a number of advantages that set it apart from other software solutions:
The quick and easy implementation. The implementation deadlines range from a few months to a year.
Maximum compatibility - the software can be linked with other Microsoft applications and with products from other manufacturers.
Flexible options for adapting the system to the specifics of the company - an open development environment allows an unlimited number of industry-specific and individual solutions. The system can be adapted to specific company's needs at any time.
Scalability - the ability to develop the system along with the development of the business. In the initial phase, only the required functionality is purchased. If there is a need to expand the capabilities of the system, additional functionality can be purchased.
Diverse integration options - the system offers options for integration with various software products: finance, business planning and accounting systems, banking systems, customer relationship management systems, etc.
Regular updates and cost-effective support.
On-premise or cloud solution?
With on-premise implementation, Navision allows the system to be hosted locally in your company, on your servers, or at any other location of your choice.
With the on-premises solution, it is possible:
Reduce costs because of the use of existing hardware and software.
Accessible connection to internal systems.
Local solutions guarantee better stability in terms of performance and availability.
The Microsoft Dynamics NAV cloud solution enables:
Minimizes initial investment costs by eliminating the need to purchase expensive software and hardware,
Fast and efficient service.
Effective cash flow management.
Extension of the solution according to business wishes and needs.
Maximizing internal resources.
Why is Navision the best eCommerce ERP software?
MS NAV has proven extremely effective for both small and medium-sized businesses (SMB) and large e-commerce businesses. It is a highly flexible, secure and powerful solution that easily adapts to any company and mainly affects your core business functions.
The implementation of Microsoft Dynamics NAV enables:
Quick use of the functions of the ERP system;
Ensuring that employees work effectively in a uniform information environment;
Strengthening the control over the processes running in the company;
Increasing the efficiency and reliability of information gathering for management decisions;
Provide the Company's employees with sufficient information to effectively control commercial transactions;
Improve the quality of work with customers;
Expansion of the capabilities of the software solution in line with the growth of the company, the development of new fields of activity and changes in current business processes;
Reduce the time it takes to generate the reports;
Reduction in the volume of paper workflows between the structural departments of the organization;
Effective planning of the organizational activities.
The further development of Microsoft Dynamics NAV aims to maintain the advantages of the Navision system: its simplicity, compactness, the ability to easily develop the functions for unique user needs, as well as to implement the necessary changes.