NAV 7 at Directions EMEA Paul White
Watch Microsoft Dynamics EMEA Paul White discuss the release of NAV 7.
Watch Microsoft Dynamics EMEA Paul White discuss the release of NAV 7.
Hear how Talking Rain got better control of their business.
Dynamics NAV is enterprise resource planning software that assists users with automating and connecting sales, purchasing, operations, accounting and inventory management activities. The platform provides users with tools to manage finances including cash, assets and banking, supply chain operations and sales opportunities.
There is no getting around the fact that cloud services are catching on as a proven delivery model in business management applications, such as Enterprise Resouce Planning (ERP). Spanning small companies to large, IDC sees cloud services delivery significantly outpacing traditional software product delivery over the next five years, with private cloud growing nearly five times faster than the software market as a whole, becoming a significant growth driver in all functional software markets.
ERP systems can deliver significant value to mid-sized companies. With a solid ERP strategy in place, businesses can boost productivity, minimize expenses, and gain a competitive edge.
Accuracy in inventory management is crucial to maintain high levels of productivity and profitability. Not having accuracy in inventory management can wreak havoc on a warehouse and eat away at profits. There are a few areas that seem to be the major cause of errors in inventory management, but there are solutions to fixing these problems if the time is taken to look for them.
Finding the right ERP software for your business is a major decision that requires a tremendous amount of time and research. There are hundreds of ERP software vendors to choose from, all claiming to offer the “best” and “most powerful” solutions on the market. So, how do you determine which of these ERP software vendors can help you reach your goals?
Not too long ago, single instance ERP implementation was the primary way to install an ERP system. Now, with new technology and deployment models, two-tier ERP systems have gained prominence. Several big names in the ERP industry are adopting the two-tier model to meet customer demand. This model has gained in popularity because a two-tier ERP system allows enterprises to keep their fully featured ERP solution deployed at headquarters, while adding a second ERP system for company subsidiaries. The reason behind deploying a multi-level ERP system is that upgrading a single instance global system is costly and time-consuming.
For general operational tasks, the best solution is to leverage the ERP best practices standards. It’s not necessary to reinvent the wheel for processes that will not elicit visible improvement. ERP processes used for accounts payable and general ledger, for example, are fully optimized processes. They’re not broken, so you don’t have to fix them.
What kind of tangible (hard dollar) return can you expect for your investment in ERP software? The answer is: a lot more than you might expect. In this article you will learn how ERP software pays for itself within the first year and goes on to generate hundreds of thousands of dollars in cost savings each year thereafter.