What You Must Know About Microsoft Dynamics NAV

Microsoft Dynamics NAV

Introduction

Microsoft Dynamics NAV (formerly Navision) is part of Microsoft’s Enterprise Resource Planning (ERP) software portfolio. The Microsoft NAV ERP system is targeted towards small to medium sized businesses, often with a mix of manufacturing and distribution needs. It is quick to deploy, easy to use, and has the power to support your business ambitions.

It’s Versatile

Microsoft Dynamics NAV is built very similarly to Microsoft Office and Microsoft Windows, making it ideal for employees already familiar with using computers at their work. This ERP can bring all of your key business activities together under one system. The centralized database with Manufacturing, Supply Chain, Sales, Human Resources, Management Information, and Financial Management functions is really powerful.

Merits

Microsoft Dynamics NAV can streamline all your business needs into one, simple to use, system. This ERP uses a variety of powerful tools and functions that can help grow your business and increase productivity, no matter how-highly specialized your industry is. It is easy to configure and it can be customized to suit any business model and will make day-to-day business activities easier to handle

One million satisfied users are already enjoying the reliable and flexible functions of Microsoft Dynamics NAV. It is flexible enough to handle ever-changing business needs of your organization. It helps companies to become more productive and efficient. When working with Microsoft Dynamics NAV, employees will be well-equipped to conceptualize ideas and turn them into profitable measures.

The ERP’s integrated security features will allow you to handle User Rights and Roles. No matter what you need your business and its employees to do at any point in the future, you will be able to do it given the integrated features of this program.

Software Maintenance

The ERP system needs regular maintenance in order to function properly. Any ERP needs revision and updating as per the changing situations in the organization. Managing Microsoft Dynamics NAV is very easy, thanks to the compact source code. It can be easily customized to your needs. For instance, it features a role, tailored user experience, that brings the features you use most to the forefront while hiding 90% of the features that do not see in regular use. This keeps the system simple and uncluttered, increasing productivity.

The integration can be done easily while helping you to leverage your existing IT hardware. Cost over runs and disruptions of IT operations are rarely faced. The Microsoft Dynamics NAV is a valuable addition when it comes to improving the efficiency of the organization.

Industry leader amongst other ERP Solutions

Here are some factors that makes it an industry leader amongst other ERP solutions:

Simple and user-friendly interface:

Microsoft Dynamics NAV navigation is similar to other popular Microsoft products. This ensures a minimal learning curve and easy adaptability to meet specific business needs.

Easy integration with other Microsoft tools:

Combining the Dynamics NAV Architecture with Microsoft Office Suite, SharePoint and the Dynamics CRM package is easy. It offers more processing capabilities under the flagship software and reduces operational time for various tasks considerably.

On-premises or hosted:

Many small and medium businesses have their servers in the office building itself and outsourcing their maintenance, installation etc. is common these days. Though many ERP software are restricted to either a third- party host or an on-premises operation, Microsoft NAV gives users the freedom for both.

Add-on Customization:

At a certain point, there might be a need for extra features, to execute highly specialized business operations. Add-ons designed by independent software vendors and certified by Microsoft neatly fill in these gaps. The NAV system offers an extensive list of add-ons created for various industry verticals such as leasing, construction, life sciences, automation services.

Conclusion

In a competitive business environment, access to timely and accurate information is very crucial. An ERP system such as Microsoft NAV serves as an active operational backbone, seamlessly integrating information from multiple channels to facilitate well-informed decision-making.

(This blog was written by Vinish P.R, Senior Technical Writer, KARYA Technologies. He has a passion for writing and he has been awarded Gold Star for his Technical Writing Skills).

Learn more about KARYA’s Microsoft Dynamics NAV Services at www.karyatech.com. You may also email us at info@karyatech.com.

KARYA Technologies Unveils Redesigned Website

karya-service-banner

KARYA Technologies, a comprehensive Global Enterprise Solutions Provider, today announced the launch of its new corporate web site. The new web site has new features, expert content, and enhanced search and navigation that covers all the newly-included service areas, partnerships and solutions.

Check out our new website at Oracle Gold Partner Companies

Microsoft Dynamics NAV and AX: How Do They Compare?

Microsoft Dynamics AX Vs NAVMicrosoft Dynamics offers a range of integrated, adaptable business management solutions that enables organisations to take decisions with confidence. Microsoft Dynamics’ ERP offerings are aimed at automating and streamlining financial, customer relationship and supply chain processes of your organisations.

Enterprise Resource Planning (ERP) solutions empower people to anticipate and embrace change so that business can innovate and grow. It increases the efficiency of the organisation by making the critical business information available for the right people at the right time.

While ERPs can bring about a huge change in how your business is run, an ideal ERP should be simple use and also provide the agility you need to expand business. Choosing the right solution is very crucial for any organisation as ERP implementations are not only risky and complex, the perceived failure rates are also very high.

A research done by Gartner points out that “an estimated 20% to 25% of ERP projects fail outright (late and/or over budget, failed to deliver any benefits, or abandoned). A further 50% to 60% are perceived as having failed because they are considered compromised by the organization in some way.

Though Microsoft Dynamics offers a wide range of ERPs catering to various business needs, Microsoft Dynamics NAV and Microsoft Dynamics AX are more popular and choosing between them requires good understanding about the business needs and goals.

Both Dynamics NAV and Dynamics AX are highly customizable, flexible and offer high scalability for the businesses that are operating from one centralized or multiple decentralized locations.

The primary aim of this article is to shed some light on how both the applications differ from each other in terms of functionality and technology. This ready reckoner can be a good starting point to understand how these robust applications can solve your business problems.

Microsoft-Dynamics-AX-Vs-NAVIf you still have difficulty in choosing the right Dynamics ERP solution, please get in touch with our experts at Karya who can guide you to choose the right ERP solutions that aligns best with your organization’s current and future needs.

Learn more about Microsoft Dynamics from Karya at www.Karyatech.com. You may also email us at info@karyatech.com.

Multiple areas, One integrated, Scalable solution- Karya’s MS Dynamics NAV for Food & Beverages

The Food and Beverage business is a fast emerging competitive marketplace accompanied by shifting trends and tough challenges. Customer expectations keep soaring high and amidst complex global regulations, being inventive and profitable is a complex task. The ability to be flexible and evolve with the consumer demands is critical to stand apart in the food & beverages business. Karya believes in innovation to be a strong differentiator in the Food and Beverages industry. Innovation contributes to evolution of new products, identify effective ways to run business and establish relationships with consumers. Karya’s solution for the Food and Beverages industry helps organizations to self-assess their capability to drive growth and surface new ideas across the entire organization. Further Karya’s solution also aids organizations to define.

  • What they mean by their product success?
  • How they respond to the shifting trends of the food and beverages industry?
  • How this changing environment will affect their business?

Having done this, Karya also directs the organization to determine the best possible way to capitalize on the subsequent opportunities and build strategies to transform the business outcomes. {Read: Dynamics AX for Food and Beverage Industry}

Dynamics NAV for Food and Beverage

Reshape, lead & grow with Karya’s MS Dynamics NAV for your Food & Beverages business:

Karya’s solution based on Dynamics NAV has the right skills and processes to help companies improve efficiency, profitability, and turbo boost businesses. Karya adapts to your needs and provides end to end solutions. Karya provides quick access to real-time financial and operational data needed every day to spend less time wrestling with issues in fetching data and have more time to measure performance against goals. Karya is equipped with technical experts having seamless knowledge and experience required to implement the Food and Beverage Solutions merged with Microsoft Dynamics NAV to adapt to business and comply with industry requirements specific to the market.

Maximizing efficiencies & opportunities with Karya:

Karya’s Microsoft Dynamics NAV solution for Food and Beverage offers a comprehensive business management control with the ability to track and analyze various components of the system. The capability to gather, record, analyze and retrieve accurate product and operational information contributes to greater visibility across all processes. A complete understanding of cost details and internal operations helps in identifying areas for development and new opportunities for growth. Karya’s solution reduces the risk of error. Flexible data views, graphical key performance indicators, and drill-down capabilities provide the ability to find and compare data efficiently.

MS Dynamics NAV functionality for Food & Beverages:

  • Fast order entry
  • Multi-channel trading
  • Flexible pricing & promotions
  • Lean manufacturing
  • Accurate stock & distribution
  • Delivery planning
  • Improve purchasing
  • More Efficient Returns Management

Benefits of our solution:

  • Common database for operational processes
  • Increases efficiency by adapting a Comprehensive methodology
  • Improved scalability and Traceability
  • Ensured Quality
  • Proactive decision making
  • Flexible and scalable to changing requirements

Use Case:

A leading confectionary realized that with the standalone systems they maintained, the business systems were very cumbersome and dependent on different spread sheets to fetch management information. The business process across the organization lacked transparency with restricted reporting capability and heavy paper work leading to a constant variation in the data posing creating challenges to the management. Karya’s Microsoft Dynamics NAV solutions helped create a system that had complete traceability, comprehensive management system, controlled costs and ROI in spades. With our solution, the users were able to identify stock locations and exact quantities of raw materials with ease, the control over ordering improved, the efficiency of the inventory management increased. With Karya’s MS Dynamics NAV solution, users were added and a structured training and staffing was employed across the organization.

Explore tangible, quantifiable benefits with Karya’s MS Dynamics NAV solutions. Realize the power of Microsoft Dynamics NAV for your business with our extensive list of offerings at www.karyatech.com. We would also be glad to hear from you through email at info@Karyatech.com

Ramp up your Construction finesse with Karya’s Dynamics NAV!

A construction management system involves complex implementation processes which need to be handled efficiently to deliver projects on time and on budget. Maintaining construction projects as per planned schedule can make the difference between profit and loss. A construction management system needs a centralized repository of data which includes critical estimates, details of sales, labor and financial information about budgets, schedules, customer relationships and field activities.

Karya’s Microsoft Dynamics NAV offers a comprehensive ERP construction management solution which connects the moving parts of the business. Karya helps you truly transform your business outcomes. The solution designed by Karya is intended to boost business margins and drive growth along with a greater control over business. Karya’s Microsoft Dynamics NAV solution adapts to changes with ease and works with familiar Microsoft products further contributing to seize multiple opportunities. Karya’s Microsoft Dynamics NAV solution designed for construction management reduces errors, saves time, and breaks down multifaceted processes into simple ones which also supports in making proactive decisions. Activities like labor tracking and payroll processing can be automated using this solution resulting in greater productivity and a highly efficient work environment.

Microsoft Dynamics NAV for Construction

Appraising the severity of challenges:

There are few drawbacks prevailing in the current construction system posing serious challenges which affects the growth of the entire construction system which are:

  • Limited resources: Most developing countries are well equipped with natural resources which are not fully utilized because of lacking infrastructure like strained financials , untrained professionals, deficient technical ‘know-how’.
  • Unskilled and inexperienced labor forces:  Construction contractors depend on uncertain labor force. Such laborers keep switching from one construction site to another with the capability to do all the tasks though they are not professionally qualified for the same. This source of labor is unreliable as they are influenced by many other factors like seasonal demand in other types of occupational domains.
  • Poor Infrastructure: The construction system is also affected by poor infrastructure which results in low productivity. Inadequate and improper facilities like road, water, and transportation also adds-on to the decrease in efficiency in the construction sector.
  • Improper Practices: The unpredictable instabilities in the cost of materials used for construction purposes take a toll over the construction schedule. In an attempt to account the additional expenditure, traps the whole process resulting in a very low productive construction schedule.

How Karya’s Microsoft enabled Dynamics NAV for construction shape your business?

  • A single solution simplifying your entire business
  • Enhances productivity
  • Helps make proactive decisions
  • Results in speedy implementation

Realizing benefits with Karya’s Microsoft enabled Dynamics NAV:

  • Accuracy in data with improved response time
  • Contributes in establishing operational excellence
  • Elevates financial management and performance
  • Industry specific functionality

Use case for construction:

A leading construction company required a massive review in the structure of its management. The infrastructure of this company was based on disparate systems which needed to be correlated and made to function together as a single unit. The different units of this construction company included accounting software for tracking wages, human resources software, and software to calculate the construction budget. The solution designed by Karya was based on Dynamics NAV ERP and it included the processes of preparing tenders, construction and delivery structure. After acclimatizing Karya’s solution, the company was able to integrate with other systems of the construction management system. Karya’s Dynamics NAV solution accommodated special requirements of the customers eliminating double keying and double duplicity of data. The solution monitored all the tasks in detail and allowed the successful completion of the project.

Dovetail action and demand with Karya’s Microsoft Dynamics NAV for construction. Take a look at our range of services at www.karyatech.com or drop us an email at info@karyatech.com