Monday, May 23, 2011

Financial Management capability of Microsoft Dynamics NAV


Microsoft Dynamics NAV provides a complete accounting and financial solution that not only helps you to track and analyze your business with real-time information, but also support the business to grow globally. For details on how Microsoft Dynamics NAV for financial management can enhance organizational performance, access Financial Management white paper.
Integrated solution for the whole organization
With wide range of modules, Microsoft Dynamics NAV addresses most of the needs of business. That is, business processes and information are gathered only once in a central database and are shared across the business, ensuring the accuracy and integrity of data. It also means that your employees no longer need to waste their time on pulling information from numerous sources. Additionally, such integration enables the connection between people within the organizations with customers, suppliers, and trading partners including across the Internet and from intranet collaboration portals.
Better decision making
Microsoft Dynamics NAV goes with powerful business intelligence tools to help you make informed and data-based decisions. Managers now can analyze real-time data, monitor performance and producing up-to-minute report on the fly, gaining a comprehensive perspective of overall financial performance. Such features ideally enhance decision-makers in strategic planning as well as in providing reliable financial forecasts.
Boosting productivity
Finance professionals are now greatly supported by Microsoft Dynamics NAV as this solution streamlines routine practices and automated financial processes, reducing their time spending on accounting tasks. Their productivity is also enhanced with familiar, easy-to-use interface specifically focusing on the role of users, providing them quick access to relevant information and common tasks they need. They are now able to work faster, smarter to produce result that is far more desirable.
Business growth
Microsoft Dynamics NAV greatly accommodates future grow of the business with flexibility. Besides a wealth of existing reports and forms addressing different regulations and standards, Microsoft Dynamics NAV makes it easy for users to customize forms and reports to match how your organization does business and to comply easily with international accounting standards. Additionally, with multicurrency support, business can expand into international markets with confidence and handle foreign currencies with ease. That is, Microsoft Dynamics NAV helps reduce the complexity of global transactions, enabling your business to work without barriers across a global market.
For more in-depth information on Microsoft Dynamics NAV for financial management:
-          Fact sheet: General Ledger
-          Fact sheet: Fixed Assets
-          Fact sheet: Payables
-         Fact sheet: Receivables

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