What can the new Microsoft Dynamics NAV 2015 do for your business?


Microsoft recently released Microsoft Dynamics NAV 2015, the next incarnation of its ERP software. This effort to continually improve their offering shows Microsoft’s commitment to helping small to medium sized businesses streamline their day-to-day operations and get the best use of their ERP system.

While Microsoft Dynamics NAV 2015 will feature a number of key improvements to functionality, there is very little change to the actual architecture of the software. This is a major plus as architecture upgrades can often cause major problems.

THE KEY BENEFITS

The 3 key benefits that the new Microsoft Dynamics NAV 2015 offers are:

  • Better use of advanced upgrade tools
  • Supporting the use of mobile devices
  • Better integration with other Microsoft programs such as Office 365, Power BI and Microsoft Word for report designer.

What the above developments actually mean for those who are currently using Microsoft Dynamics NAV or considering implementing it for the first time are listed below:

EVEN QUICKER IMPLEMENTATION

This latest release of Microsoft Dynamic NAV will be quicker to implement than ever before, with improvements having been made to the RapidStart implementation and Upgrade methodology that was available in NAV 2013R2. This will help Microsoft Dynamics NAV partners lower the cost and reduce the time they need to move new clients onto the software and upgrade existing clients to the new version.

IMPROVED USER EXPERIENCE

Microsoft have also considered the solution's ease of use in the latest release of Microsoft Dynamics NAV 2015. They have delivered improvements in relation to the end user experience, allowing for faster access to business critical information. The introduction of personalised home pages lets the user have the most important data available to them in easy-to-read dashboards and Role Centers. These improvements will drastically increase productivity.

MOBILE ENHANCEMENTS

The development of Microsoft Dynamics NAV’s mobile offering further enhances the progression that this mid-market ERP system has made in recent years. Microsoft Dynamics NAV for tablets now enables small and mid-size businesses to access company data and processes wherever they are and whatever device they choose to use. Couple this with the continued focus on improved integration with Office 365 and cloud deployment on Microsoft Azure, and customers will see lower cost of ownership, increased flexibility and employee productivity; resulting in increased profits.

IMPROVED REPORTING

Microsoft Dynamics NAV 2015 also now offers improved document reporting and integration with Microsoft Word. This feature expansion has drastically simplified invoice design, meaning that you can use Microsoft Word to change the layout of document reports and brand invoices yourself, without the need to involve technical support.

QUICKER PAYMENTS

Finally, and probably most importantly, Microsoft Dynamic NAV 2015 has increased its power to support you in making sure you get paid faster by your customers. The developments mean that you spend less time managing the whole process of debt collection, electronic payments and automated account reconciliation. The changes include:

  • Easier bank integration – Electronic bank statements are converted into data that can be imported directly into Microsoft Dynamics NAV 2015.
  • Faster and more reliable bank payments – Payment Reconciliation Journals is a new feature that lets the user import bank transaction data directly into a dedicated user interface. From this they can automatically apply to open entries representing customer and vendor documents.
  • Create and manage electronic payments – The addition of Payment Journals and the improvement of the Credit Transfer Registers allows the end-user to better manage the creation of payments and track payment history. These features give you more information about your payments, both incoming and outgoing, and ultimately better control over your finances.

All in all, Microsoft Dynamics NAV 2015 offers everything a growing business needs to effectively manage growth and to increase efficiency and profitability, but don’t take my word for it.

To arrange a free demonstration by a leading Microsoft Dynamics NAV partner with specialist knowledge and experience within your particular industry, click here.

Article written by Mark Blackmore, Head of Telemarketing at QBS Group


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