Partnering Sites: Totally Paperless CPA Firm Technology K2 Enterprises K2 Canada   HOME    |  ABOUT K2   | CONTACT K2

Accounting Software World An Independent Review of Today's Top Accounting and Financial Management Solutions Accounting Software World is a K2 Enterprises sponsored site primarily intended to augment our educational seminars.  Those looking for independent information are welcome to review content and contact us if you have questions or need help. Randy Johnston Editor-In-Charge  - Dr. Bob Spencer Editor-At-Large

Dynamics NAV – Microsoft Business Solutions

http://www.microsoft.com/dynamics 

Category: Advanced Accounting - Class: Mid-Range

Best Fit

·         Mid-Range to Enterprise level company, 1 to 500 users with advanced accounting needs

·         Industry specific implementation

• Wholesale Distribution

• Manufacturing

• Retail

• Professional services

• Public (Governmental) Administration

Strengths

• Very fast and reliable

• Helps simplify and streamline highly specialized business processes

• Highly customizable, so the solution can meet the needs of highly specialized industries and organizations

• Outstanding audit trail and drill down functionality

• Strong integration with Microsoft Office Excel and Word, often with a one button click to export data and reports

• Synchronize any field from any table in Microsoft Dynamics NAV with Microsoft Office Outlook, scheduling meetings, managing contacts, and sending e-mail messages in just one program with the data automatically updated in both Microsoft Dynamics NAV and Office Outlook

• Draw upon table relations within Microsoft Dynamics NAV for a multidimensional view of data with tools such as online analytical processing (OLAP) enabled by Microsoft SQL Server in addition to accessing the cubes in a reporting application tool, such as Microsoft Office Excel or the Business Analytics Advanced Viewer

    Brief Product Description and Pricing

• Microsoft Dynamics NAV is a business management solution for small and midsized organizations. Microsoft Dynamics NAV provides industry-specific functionality that’s relevant to the local needs, even for the most highly specialized industries and organizations. Through the rapid adaptability, simplified customization, and ease of use offered by Microsoft Dynamics NAV, it is relatively easy to add functionality, to customize applications, and to create online business capabilities.

• Because Dynamics NAV is a higher-level solution, it requires a qualified and certified reseller installer. Implementations often include the data conversion and customization as well as advanced training. Therefore, estimating costs is difficult. As a general rule, Dynamics NAV runs from $25,000 for a five user license of the core requirements to well over $450,000 or more for 100 users plus with advanced modules and customization.

Technical Specifications

·         Windows XP and Vista.

·         Complex solution requiring technical installation by qualified installers.

·         Written primarily in C/Side as well as C++, C# and Visual Basic.

·         Microsoft SQL Server 2007 or higher, Microsoft SharePoint Server and Microsoft Office 2007 for the maximum beneficial effect. (Dynamics NAV 5.0 with its native C/Side database in selected cases.)

Integration with Accounting and Ease of setup

·         The Microsoft Dynamics NAV 5.0 interface embraces the look and feel of the 2007 Microsoft Office system and Windows Vista, for a consistent user experience across all applications. 

Representative Client List (if available)

·         Monsanto Company – Manufacturing, Supply Chain

·         Eurovaistines – Pharmacy Chain

·         Tabacon Group – One of Germany’s largest wholesaler has grown with DynamicsNAV

·         Rucker’s Wholesale - Candy wholesaler reduced reporting from three days to 1 hour.  

Company History and Contact Information

·         Dynamics NAV began life as Navision, a Danish company that entered the US market in the 1995.  With an excellent reputation and strong support, the product grew in popularity and was purchased by Microsoft in 2002 and has since gone through a number of enhancements to benefit from compatibility with other Microsoft products.

·         Because Microsoft Dynamics NAV is sold and installed through a network of resellers, there are a number of ways to contact a local service provider. For information, http://www.microsoft.com/dynamics/nav/request_more_info.mspx  or write  Microsoft Dynamics 

One Lone Tree Rd.

Fargo, ND 58104-3911

Commentary (The following is provided by the Editor with notes and comments from others.) 

CONTINUING PROFESSIONAL EDUCATION FOR ACCOUNTING AND FINANCIAL PROFESSIONALS

Copyright © 1996 - 2008  Accounting Software World, K2 Enterprises.

All rights reserved. No part of this information can be re-printed without express written consent of the editor.

The information provided herein is not warranted in any way and is subject to change without notice.

We recommend that you confirm information contained herein with the appropriate manufacturer or reseller.

Site designed by Digital Inke www.digitalinke.com  - SEM by www.SpencerSEM.com