6 Advantages of NAV ERP HostingNow used by more than 300,000 clients across 42 countries, Microsoft Dynamics NAV ERP hosting software provides the control and visibility needed to help companies make important decisions affecting margins, cash flow, and business growth as a whole; the software is also renowned for its ease of customization. Though by no means an exhaustive list, Microsoft Dynamics NAV ERP hosting offers the following six advantages over many other cloud ERP hosted solutions.
1. Proven Success in Range of Business Environments
Microsoft Dynamics NAV ERP software has been on the market since 1983. Time and time again, it has been shown to provide the functionality, performance, and ease of use demanded by diverse businesses across the globe.
The software is designed to make business processes simpler across all aspects of your organization by ensuring you can adapt and connect with other line of business applications and technologies already being used in the company, as well as solutions offered by independent software vendors (ISVs). A global network of Microsoft Dynamics NAV partners is available to provide local and technical knowledge of specific industries to ensure that everyone receives the most appropriate solution for their needs.
2. Allows Greater Control of Business
Control of one’s business is largely aided by insight into business performance. Through Microsoft Dynamics NAV ERP hosting, your company is provided with the capability to monitor all aspects of your business, ranging from employees and resources to inventory and shipping, enabling you to make better informed decisions and create a system where staff are more productive.
The software allows for personalized access to information and tasks according to a person’s position in the company. There is also increased transparency into transactions and audit trails through integrated systems and shared data. Self-service reporting tools and real-time business intelligence significantly reduces the need to request reports and information from the IT department, enabling immediate access to relevant data; this leads to more efficient response times.
3. Helps Increase Your Margins
The capability to make fast and informed decisions greatly influences cash flow, allowing you to identify and target top customers for new sales opportunities and focus on the most profitable products and services through predictive analysis. You can also develop customer loyalty by automatically applying special pricing and discounts to specific clients through individual order lines.
The software also allows companies to improve their customer service practices by creating service orders based around customer requests and after-sales issues. Employees can log orders to create accurate records and to assist in profitability management tasks.
4. Flexible and Scalable
The main aim of your organization – for both you and your employees – should be to enable the company to grow. As your business expands, you will have changing needs that must be met if you are to foster continued growth; for this reason, you need a hosted ERP solution that supports future adaptations.
Microsoft Dynamics NAV ERP hosted software is a flexible solution that facilitates new business processes and scale without increasing cost. You can expect to receive support when making changes such as:
- International business. With the international trade and multi-currency capabilities of NAV ERP, you can determine how your accounts are rounded and posted, as well as manage customer and vendor accounts in their relevant currencies.
- Mobile workers. Connect and empower your remote and roaming employees by providing them with direct access to data and local resources.
5. Easy to Use
All of your employees will find Dynamics NAV ERP hosted software easy to use because of its similarity to all other Microsoft technologies; this translates into increased productivity from the very start. Every part of the process, from purchase and integration to maintenance and upgrades, is designed to be as simple as possible.
6. Engineered to Provide Value
Improved productivity and better control of expenses increases your return on investment (ROI). In addition, you can integrate the solution with other technologies already in use in your organization for a lower total cost of ownership (TCO).
Given its extensive track record, numerous capabilities, and relative ease of use, Microsoft Dynamics NAV ERP hosted software has become the number one choice of companies all over the world. And now with the ability to use the software in a hosted model, it is quickly becoming most flexible software on the planet.
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