InspireSmart Microsoft Dynamics Nav - Navision product overview
Using Microsoft Dynamics NAV Manufacturing and Enterprise Resource Planning (ERP) software is a robust yet cost-effective solution for growing small and mid-size businesses (SMBs) that can support customization and add-on software to meet industry-specific needs and more. In addition, it is flexible enough to adapt to the needs of growing businesses that need increased power and functionality.
Product Features:
Financial Management
Using Microsoft Dynamics NAV, you can record and store financial records in a central general ledger that offers charts of accounts, balances, VAT reporting and more.
- Define your preferred currency.
- Establish accounting periods based on your fiscal and business cycle.
- Manage bank accounts and cash.
- Automate processes, including check-writing, bank statement reconciliation.
- Configure and sort charts of accounts the way your employees need to use it.
Manufacturing
With Microsoft Dynamics NAV, manufacturers can react quickly to customer demands and improve manufacturing performance by automating and improving processes, including:
- Production-order management.
- Supply and capacity planning.
- Visibility into shop floor operations.
- Graphics-based production schedules.
Business Intelligence
Use Microsoft Dynamics NAV to transform your raw data into meaningful information that enables you to understand how your business is operating:
- Select from basic or advanced analytics functionality.
- Provide decision makers with a complete view of performance.
- Create graphical reports and displays, using an interface similar to Microsoft Outlook 2003.
- Access data easily and quickly when you need it using the familiar Outlook-style interface.
Sales & Marketing
Place customer information at the fingertips of managers and employees to help your employees build stronger customer relationships.
- Organize and maintain contact information.
- Create sales campaigns.
- Identify sales opportunities.
- Automate sales activities
- .Configure automatic reminders.
- Approve documents.
- Respond to customers efficiently.
Distribution
Solve distribution obstacles using Microsoft Dynamics NAV, a highly flexible manufacturing solution for resolving distribution issues and concerns. Keep your employees informed of inventory levels and order status.
- Track and manage inventory, including in multiple locations.
- Obtain current information about in-stock quantities.
- Get real-time data regarding inventory and shipments.
- Implement improved warehouse management, including customized pick orders and stock replenishment by predetermined thresholds.
Purchase and Payables
Use the flexibility of Microsoft Dynamics NAV and the company-specific setup features to successfully manage payables.
- Apply payment to an unlimited number of invoices and credit memos. For increased control, choose how to apply customer or vendor transactions by specifying the amounts to apply to individual documents. This is particularly helpful when customers make partial payments. When you choose the “Apply-to-Oldest” method, the system can automatically apply receipts to the oldest invoices for specific customers.
- View complete information about the amounts that will be posted to the general ledger prior to posting, including payment discounts and rounding amounts.
- Unapply, or reverse, all postings and changes related to an application of customer and vendor transactions so they can be applied correctly.
- Set a tolerance level in local or other currency on an invoice in order to apply and fully close the invoice and payment entries, even if the payment amount is different than the invoice. Tolerance can be automatically allowed or decided on a case-by-case basis.
- Establish a tolerance level of several days to apply and close an invoice and payment, even if you receive the discounted payment later than the discount date specified by the payment terms. Discount tolerance can be automatically allowed or decided on a case-by-case basis.
Integration with your existing systems.
Microsoft Dynamics NAV was created to integrate smoothly with other Microsoft products, such as Microsoft Office 2007, Microsoft SQL Server 2005 and Microsoft Windows Vista and XP.
- Documents created in Microsoft Word can take data from the Microsoft Dynamics NAV database and incorporate that it into a customer letter.
- Workers can use Microsoft Excel to create reports with current figures imported from Microsoft Dynamics NAV.
- Commerce portal capabilities enable company to create a website in order to work more effectively with customers and partners.
- Integrate with a broad range of other software products - even if a small business already has significant IT infrastructure, it can integrate with Microsoft Dynamics NAV so that a business makes the most of its IT investment.