On paper, great project management skills are something we all boast to have. Yet, when you’re running a business, it’s easy to lose sight of day-to-day admin duties and wonder where the time has gone or why productivity seems to be slipping. It’s common for businesses to struggle when it comes to allocating resources and skillsets in the most effective and productive way. It’s an all too familiar sight to see the frustrated Finance Director pulling his hair out as he tries to make sense of the askew budget, or the aggravated Account Manager in quiet despair as she tries to allocate time to various projects.
In terms of technological advancements and improved functionality, ERP has come a long way since its origins over 50 years ago. As such, it’s a great ally to businesses when it comes to helping with reporting and many other things. It’s at a standard where it can be tailored to meet specific business requirements and needs. If only it could perfect your project management skills and refine your business processes in the same way…
Well, maybe it can. Dare to dream of a world where your business can consistently complete projects on time and within budget whilst reducing the overhead costs. Take it up a notch and allow yourself to consider the possibilities of what you could achieve. Thanks to Dynamics NAV, this needn’t be something that is purely reserved for your daydreams; it can become a reality.
Project management is a key factor in improving efficiency. Effectively allocating resources and skillsets leads to increased profit margins. And a technical ERP solution like NAV will allow you to track profitability and efficiency.
NAV can become the backbone of your business, supporting you with financial, project, resource and time and expanse management, whilst saving your project managers some grief in the process! Dynamics NAV equips you with the tools you need to more effectively encourage collaborate and manage different teams whilst sharing the data needed to quickly make strategic decision. As such, it eliminates the time wasted on tracking and tracing billable hours.
A product like Dynamics NAV can significantly reduce inefficiencies and overhead costs to better improve project management capabilities. It can help you to keep track the status of individual projects as well as enabling you to track both expenses and profitability. NAV will give you the tools you need to collaborate, share data and as such, will enable you to make key business decisions quicker.
NAV has many benefits, and these are just a few of the ways in which it can help with the day-to-day management of projects:
NAV provides a robust solution for businesses to collect and migrate data which leads to more effective reporting, better cost management and more reliable data.
With its flexibility and scalability, NAV can streamline business processes and reduce admin time.
By automating many of the menial day-to-day tasks, NAV can free up time for employees whilst ensuring that key decision makers have access to real-time information and figures.
If you want to inject your projects with some productivity, get in touch with us today to discuss your business requirements.
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