Microsoft Dynamics NAV Is Undoubtedly Best ERP Software for Small Business Owners

Microsoft Dynamics Navision for long has been one of the most popular enterprise resource planning solutions in the ERP Business. Made to support the business requirements and growth ambitions of small and mid-sized businesses, Navision has over the years since its first release acquired a clientele of more than a 100,000 companies worldwide. Its lies success over the years lies in its ability to provide ample support to aggressively growing companies and account for a flexible business management system capable of handling constant change and growth.

It has also famously earned the moniker of being the Best ERP Software for Small Business owners, providing everything they could ask for going further.

Capabilities offered by Microsoft Dynamics NAV are in:

1. Financial Management
2. Supply Chain
3. Manufacturing
4. Business Intelligence
5. Reporting
6. Sales
7. Marketing
8. Project Management
9. Service
10. Stock and Inventory
11. Human Resources

By getting in touch with their nearest Microsoft Dynamics Solution Provider, companies can have industry specific functionalities implemented ranging from quoting to ordering, producing, shipping, invoicing, purchasing, receiving, paying and inventorying. There are other modules for General Ledger, Accounts Receivable and Accounts Payable as well.

The popularity enjoyed by Microsoft Dynamics NAV germinates from its underlying design and philosophy. Made to be customized, whatever the business be a Microsoft Partner is always there to configure the solution to suit its requirements. Depending on how the company does its business, the software become a potent ally in making the most of available business opportunities.

The benefits delivered by the NAV given below vindicate it as Best ERP Software for Small Business owners indeed:

1. It is easy to use. It offers a user interface pretty familiar to other Microsoft products such as Outlook and Office.
2. It is scalable. This means it can shot up and brought down depending on how a business performs.
3. It gets the job done. Proof of this is the fact that more than 100,000 companies worldwide are using it.
4. If need arises, functionalities and additional users can always be added to it.
5. It offers an integrated database, which means all parties involved in the business get to see the same data.

Companies consulting with a Microsoft Dynamics Solution Provider will get to understand the solution better as its benefits will be explained to them in detail.

Finance based start-ups and mid-segment NBFCs benefit by:

1. Getting to monitor economic performance, meeting business and regulatory requirements and reducing time and effort on accounting tasks.
2. Managing the entire life cycle of fixed assets effortlessly, from acquisition to disposal.
3. Becoming more efficient and maximizing cash resources with flexible account payable capabilities.
4. Optimizing cash flows by streamlining accounts receivable process and tracking customer payments.
5. Expanding into newer markets and cutting down on complexities of multi-currency financial transactions.

Starts-ups into Supply Chain benefit by:

1. Getting to match goods with customer demands, reducing inventory and distribution costs.
2. Integrating warehouse processes with the rest of the business.
3. Satisfying demand with multiple planning options and tracking of operation and material costs.
4. Standardizing approval workflows and enforcing approval limits.

The Partner will explain everything in detail when enquired with.

NAV offers everything a small business needs to get up and running. With more than 100,000 companies across the globe trusting it, there certainly must be something to it because of this unbelievable success it has had over the years.