Microsoft Dynamics NAV (formerly Microsoft Navision) - Product Overview
Find out how it can help your company reach its full potential
Updated: July 24, 2007
Microsoft Dynamics NAV is a business management solution for small and mid-sized organizations that helps you simplify and streamline your highly specialized business processes, rapidly adapting to the unique way you do business. Microsoft Dynamics NAV provides you and your people with industry specific functionality that’s relevant to the local needs of your regions of operation, even for the most highly specialized industries and organizations. Through the rapid adaptability, simplified customization, and ease of use offered by Microsoft Dynamics NAV, you can easily add functionality, custom applications, and online business capabilities. Microsoft Dynamics NAV enables your people be effective and your business to be competitive.
Microsoft Dynamics NAV addresses the following business needs:
On This Page
Financial management
Record and store financial records in a central general ledger that includes charts of accounts, balances, VAT reporting, and more.
| • | Define your preferred currency |
| • | Create accounting periods based on your fiscal and business cycle |
| • | Manage bank accounts and cash |
| • | Automate routines such as check-writing, bank statement reconciliation |
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Screen illustration: Set up and sort your chart(s) of accounts the way your workers need to use it.
Demos, fact sheets, and more information…
Manufacturing
Manufacturers can respond quickly to customer demands and improve manufacturing performance by automating and improving processes such as:
| • | Production-order management |
| • | Supply and capacity planning |
| • | Visibility into shop floor operations |
| • | Graphics-based production schedules |
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Screen illustration: Let workers see order schedules and status at a glance.
Demos, fact sheets, and more information…
Business intelligence
Turn raw data into understanding of how a business is operating.
| • | Choose from basic or advanced analytics functionality |
| • | Provide decision makers with a 360-degree view of performance |
| • | Set up graphical reports and displays, using an interface similar to Microsoft Outlook 2003 |
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Screen illustration: The advanced analytics offering has a familiar Outlook-style design, helping people access and visualize data faster.
Demos, fact sheets, and more information…
Sales and marketing
Put customer information at the fingertips of managers and employees to help your people build better customer relations.
| • | Manage contact information |
| • | Organize sales campaigns |
| • | Identify sales opportunities |
| • | Automate sales tasks |
| • | Set up automatic reminders |
| • | Document approval |
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Screen illustration: An intuitive interface helps sales and marketing staff organize contacts, recognize opportunities, and respond to customer needs effectively.
Demos, fact sheets, and more information…
Distribution
Microsoft Dynamics NAV gives businesses a flexible solution for solving distribution challenges. It can be used to:
| • | Track and manage inventory, including in multiple locations |
| • | Get up-to-date information about in-stock quantities |
| • | Implement better warehouse management, including tailored pick orders and stock replenishment by pre-set thresholds. |
| • | Get real-time data regarding inventory and shipments. |
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Screen illustration: Warehouse management data helps make it easy for workers to stay informed of inventory available and order status.
Demos, fact sheets, and more information…
Purchase and Payables
Use the flexibility of Microsoft Dynamics NAV and the company-specific setup options to effectively manage payables.
| • | Apply a payment to as many invoices and credit memos as you like. For greater control, you can choose how to apply customer or vendor transactions by specifying the amounts to apply to individual documents. This can be especially helpful when customers make partial payments. If you choose the "Apply-to-Oldest" method, the system can automatically apply receipts to the oldest invoices for specific customers. |
| • | View detailed information about the amounts that will be posted to the general ledger prior to posting, such as 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 less or more than the invoice. Tolerance can be automatically allowed or decided on a case-by-case basis. |
| • | Set 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. |
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Integration with your systems
Microsoft Dynamics NAV is designed to work smoothly with other Microsoft products such as Microsoft Office 2007, Microsoft SQL Server 2005 and Microsoft Windows Vista and XP. For example, documents written with Microsoft Word can take data from the Microsoft Dynamics NAV database and incorporate that information into a customer letter. Workers can use Microsoft Excel to create reports with up-to-date figures imported from Microsoft Dynamics NAV. Commerce portal capabilities also allow a company to create a Web site to work easier with customers and partners.
In addition, Microsoft Dynamics NAV also can be integrated with a wide range of other software products, so even if a small business already has substantial IT infrastructure, it can be used with Microsoft Dynamics NAV so that a business makes the most of its IT investment.
More information about system integration:
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Next Steps
| • | Find out about industry-specific solutions from Microsoft Dynamics NAV. |
| • | Use Microsoft Solution Finder to search for add-on solutions developed for Microsoft Dynamics NAV by Microsoft Certified Partners to meet unique business needs. |
| • | See what's involved in putting Microsoft Dynamics NAV in place for your company: How to buy. |
| • | Contact your local Microsoft partner to help you get started. Need help finding a Microsoft partner? Contact us. |
Overview
Demos
