Why more businesses are choosing Microsoft Dynamics NAV
Microsoft Dynamics NAV originates from Navision, a suite of accounting applications which Microsoft acquired in 2002, but take a look at the industries that use NAV today and you wouldn't guess that it has its roots in accounting.
Today NAV is the go-to enterprise resource planning (ERP) solution for manufacturing, warehousing and distribution. Here are three reasons why it might be the right choice for your business too:
Hosting: Microsoft Dynamics NAV offers flexibility in terms of hosting, accommodating either an on-premise server or remote storage. This makes it a good solution for companies looking for complete control and for those in search of reduced upfront costs.
Financial control: Here is where a foundation in accounting comes in handy. Microsoft Dynamics NAV provides a high level of visibility into an organization's financial processes. Instead of waiting for the end of a quarter or fiscal year, NAV offers companies real-time cost accounting features, which then allows for proactive decision making. Business can track and visualize the flow of revenue and spending to understand current situations and prepare for the future.
Customizability: Manufacturing and similar industries use a series of complex business processes to achieve their goals. NAV has a number of additional components available that can be added onto the underlying ERP framework to provide specific enhancements. The option of separate modules also allows companies to spread out deployment costs over a larger period of time, by installing a base system initially and then adding personalizations as they are needed in the future.
If you are interested in learning more about why Microsoft Dynamics NAV could be the business management software you have been looking for, contact Accent Software.