Dynamics NAV is a fully integrated ERP solution that bridges the gap between you and your partners.
Where, Dynamic NAV (ERP) The system emerged offering feasible functionality, especially for manufacturing, distribution, government, retail, and other industries as well. So far, Dynamic NAV has been bridging the gap between partners, which includes overriding partners’ vision of in-house functionalities.
NAV originates from Navision, a suite of accounting applications initially encrypted by a Denmark-based company called Navision and later acquired by Microsoft to develop a larger building network for the ERP system. As part of development, he assisted with finance, manufacturing, CRM customer relationship management, supply chains, analytics, and e-commerce for international group companies and subsidiaries.
Think of ERP as a glue that sticks together the various IT systems running in an organization. As we know each work segment has an interface system that monitors and optimizes assigned tasks in any organization, but if the scale of labor and business productivity increases, we will need a well segregated interconnection system including ERP for easier to share and communicate information with other work segments of the company.
In addition, Dynamic NAV ERP software functions as the highly connected and interrelated central nervous system of a business body. It gathers information about the tasks in progress and their stability status, so that it is available with other segments for productive use. Typically, an ERP tampering occurs in real time by an authorized user with a valid access code and network access.
In reference to the development of the ERP system, the first ERP system that received an update was SAP. Its sole objective was to interconnect different business segments to present a more productive strategy based on information from the different operating nodes.
Although the Dynamic NAV ERP system is withdrawn from the market due to its high customization feasibility, the partners have developed it, including it in several specific industry configurations that also serve them in vertical markets. Dynamics NAV is mainly implemented on Windows operating system, SQL server and is developed on the .NET framework, which offers the customer a well-packaged integrated stack input from infrastructure to application.
If you consider the architecture of ERP Dynamics NAV software, it consists of 3 main components
• The database server, which stores Dynamics NAV data.
• The application server, which has full control over the Dynamic Nav functionalities.
• The Client, who has authorized access to the Dynamics NAV interfaces in 5 types; Windows Client, Share Point Client, Web Client, Tablet Client, and Phone Client.
In addition, NAV ERP functionalities provide support for,
• Financial management
• Supply chain management
• Manufacturing
• Distribution
• Customer relationship management
• Sales and Marketing
• Service Management
• Human resources management
• Project and resource management
• Warehouse management
As of now, the natively strengthened international ERP, Dynamics NAV, is available with 43 official localizations and is modifiable with IAS/IFRS.
Despite the notable benefits and services that ERP offers to a business, a business could experience cost overrun if ERP is not operated carefully. The ERP must be organized, considering its compatibility with the company’s technology to avoid bottlenecks in productivity. Usually, ERP systems fail when a company’s work procedure depends on old strategies and they are not reliable with the technology while implementing them. Avoiding ERP allocation to several small segments will also reduce cost overrun.