Microsoft Dynamics NAV and Microsoft Dynamics 365 Business Central, is an evolution of Microsoft Dynamics NAV that maintains the same functionalities and will be available both in the on-premise and SaaS releases, are Enterprise Resource Planning (ERP) systems that are specifically made for growing small to mid-sized companies.
Microsoft Dynamics NAV is also being used by large and publicly-traded companies around the world.
An ERP is a piece of software that integrates internal and external management information across an entire organization. The purpose of an ERP is to facilitate the flow of information between all business functions within the confines of organizations. An ERP system handles all the functional areas within an organization on a single software system. This way, the output of one area can be used as the input of another area, without the need to duplicate data.
Understanding Microsoft Dynamics NAV
Microsoft Dynamics NAV is a role tailored ERP software. Traditionally, ERP software is built to provide a lot of functionalities where users will need to chase down the information. This is more of a passive approach where in the user will need to go somewhere within the system to retrieve that information.
However, Microsoft Dynamics NAV works differently. The role tailored experience is based on individuals within an organization, their tasks, and the roles they hold. When users first enter Microsoft Dynamics NAV, they see the data required for the daily tasks they perform depending on their role. Users from different functions will have a different view of the system; each of them will see the functions they need to perform their daily tasks easily assessable and provided to them Instead of users chasing down information, them.
Microsoft Dynamics 365 Business Central:
This is the Microsoft’s release with a significant cloud impact! It facilitates utilization of all the features of Microsoft Dynamics NAV in the cloud, while still maintaining an on-premise version; currently business central in two versions, on-premise and SaaS, with two licensing model; Essential and Premium. The SaaS version is exclusively used with a Web/digital client, an evolution of the Microsoft Dynamics NAV Web client, optimized for the user experience.
