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Microsoft Dynamics Business Central
(Formerly called Dynamics NAV)
Welcome to Microsoft Dynamics Business Central (Formerly called Dynamics NAV)!
MICROSOFT DYNAMICS BUSINESS CENTRAL (formerly, Dynamics NAV) is an ERP solution with both the functional range and the flexibility to provide that support. For all aspects of your business, from ledgers and accounts to areas such as human resources or manufacturing, Microsoft Dynamics NAV (Navision) Financials provides fully integrated enterprise-wide functionality.
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Why Choose Microsoft Business Central/Dynamics NAV ?
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It is suitable for you if you are looking for:
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A Complete suite of ERP solution that builds on your strengths, through its highly customizable, open architecture
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A software backed by a top global name, the Microsoft.
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A system that grows and changes with your business needs.
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A solution that gives you superior ease in tracking information throughout.
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A system with excellent MRP mechanism.
Microsoft Dynamics NAV is a complete Enterprise Resource Planning (ERP) software solution for SME organizations which is owned by Microsoft, one of the best known technological corporations in the world. In 2009, Microsoft ranked as the third largest company in the world.
Microsoft Dynamics NAV is fast to implement, easy to configure, and simple to use. Right from the start, simplicity has guided, and continues to guide, innovations in product design, development, implementation, and usability.
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On April 2, 2018, the Business Central was released publicly and plans for semi-annual releases were announced.
With the October '18 release, Dynamics 365 Business Central is available in the cloud, on-premises, and in hybrid deployment, the new release include new many features, the currently version is 13.0
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Microsoft Dynamics 365 Business Central is the latest available version that automates and streamlines your business processes. Highly adaptable and rich with features, it enables companies to manage their business which includes the following Modules,
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Financial management
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Supply chain management
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Customer relationship management
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Service management
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Human resource management
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Project & Resource management
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Warehouse management
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Manufacturing
Features of Microsoft Dynamics Business Central
(365 & On-Premise)
Human Resource Management
In Business Central, you can keep detailed records of your employees. You can register and maintain employee information, such as employment contracts, confidential information, qualifications, and employee contacts.
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You can also register employee absences, which allows you to analyze registered absences as necessary.
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To start using the Human Resources functionality, you must set up employees and other basic information. You can then associate various codes to an employee, which allows you to filter information for specific employees.
Warehouse Management
After goods are received and before goods are shipped, a series of internal warehouse activities take place to ensure an effective flow through the warehouse and to organize and maintain company inventories.
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Typical warehouse activities include putting items away, moving items inside or between warehouses, and picking items for assembly, production, or shipment. Assembling items for sale or inventory may also be considered warehouse activities, but these are covered elsewhere. For more information, please contact us.
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In large warehouses, these different handling tasks can be separated by departments and the integration managed by a directed workflow. In simpler installations, the flow is less formalized and the warehouse activities are performed with so-called inventory put-aways and inventory picks. For more information about basic versus advanced warehouse configurations.
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Before you can perform warehouse activities, you must set the system up for the relevant complexity of warehouse processing.
New User Interface
In an effort to unify the look and feel of all Dynamics 365 products, Business Central features a modern, intuitive, and — if you’ve used any other Microsoft products recently — familiar interface. The UI is customizable, with role-specific views, personalized feeds, and smart notifications all making an appearance.
Mobile Enabled
The app is fully equipped to give users access to its rich functionality across Windows, iOS and Android desktops, phones, and tablets.
Financial Management
Pegged as a step-up from entry-level business accounting software, Business Central features a range of financial management capabilities at the core of its functionality. This includes all the basic features you’d expect from an ERP, such as managing payables and receivables, overseeing cash flows, preparing VAT reports, and performing year and period closes.
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Business Central’s basic general ledger allows users to quickly setup and start posting to chart of accounts, general journals, and recurring journals. Business Central can also help manage inventory costs, and operational and departmental budgets. Users can also easily keep track of fixed assets and related transactions like acquisitions, depreciations, write-downs, appreciations, and disposals.
Business Central makes auditing more intuitive by automatically assigning audit trails and descriptions to every transaction. Users can further strengthen their audit trails by defining transactional reason codes to be added to ledger entries. The app facilitates the amalgamation of financial data from multiple companies, so organizations can get a centralized view of all their arms for financial analysis. Bank statements can also be imported and automatically reconciled in Business Central.
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Businesses operating multiple bank accounts can create and manage accounts within Business Central, helping to cater for diverse business needs across a multitude of currencies. The system supports multiple currencies throughout, including in payables and receivables, general ledger reports, and resource and inventory items, and automatically updates currency exchange rates.
The app also aims to help users get better results from their business intelligence by allowing them to set up “dimensions”. Dimensions are essentially tags that can be assigned to entries so that they can be easily categorized and tracked.
CRM -Management
Though it’s not a fully-fledged CRM solution, Business Central does contain some core relationship management features to help businesses organize and optimize their sales efforts.
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Through Business Central, users can record and manage contact information for all their business relationships. These contacts can be segmented and used to target marketing campaigns.
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Leads and opportunities can also be inputted and tracked, so sales teams can see exactly where opportunities are in the pipeline, and where to best focus their efforts.
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For businesses that need more-robust CRM features, Business Central integrates with Dynamics 365 for Sales in just a few steps, enabling users to sync information such as inventory levels and sales orders with their customer-facing operations.
Supply-Chain Management
Having an accurate, up-to-date overview of the supply chain is essential to businesses that deal with logistics. Business Central helps organizations keep track of their supply chain cycle, from managing orders and overseeing inventory, to getting products where they need to go.
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With Business Central’s supply chain management tools, companies are able to process sales orders, and post and manage transactions and receivables.
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Whether inventory is located in a plant, distribution center, warehouse, showroom, brick-and-mortar store, or spread across a number of sites, Business Central helps manage inventory levels, and even tracks and accounts for inventory in transit.
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The app’s stock reporting features help optimize warehousing and picking from the moment inventory is received, through to put-away, moving, picking, and returns.
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Warehouse management through Business Central can be implemented on several complexity levels, depending on how a business processes orders, and the volume of orders they receive.