Business and Finance
An Overview of Microsoft Dynamics AX GP and NAV
Microsoft Dynamics CRM is integral software for business development in relation to customer relationships. The MS dynamics is CRM integrated software that lies on the double bonanza platform; ERP and CRM. The ERP solution makes the CRM robust and helps in gaining considerable presence in the market. Microsoft dynamics is further categorized into three basic groups;
1. Microsoft Dynamics GP
2. AX
3. NAV
Microsoft Dynamics GP
Dynamics GP is a complete resource planning on the ERP integration. It is an aid to small and medium-sized business. Microsoft dynamic GP helps in gaining greater control over the inventory, financials, and operations. The implementation of the GP is easy to use and empowers business development decisions.
The Microsoft Dynamics GP features includes-
1. Financial management accounting
2. Inventory management and operation
3. Sales and services
4. Business intelligence and reporting
5. Human resources and payroll
It has an ability to access the data and the growing scale of the business. It is a versatile accounting package that offers simple solutions to grow.
Microsoft Dynamics AX –What is in store
Dynamics AX termed as Axapta is a multi-lingual and multi-currency ERP system that aims at the enterprise sector. It is fully featured and configured version of Microsoft Dynamics.
The Microsoft Dynamics AX is a comprehensive solution to enhance the core development of various sectors of businesses. The CRM development includes operating management, financial development, and human resource management.
The aim of Dynamics AX is to help small business to run efficiently by establishing customer relations on a global scale.
The Microsoft Dynamics AX features include-
1. Budget planning
2. Warehouse management
3. Transportation management
4. The modern point of sale
5. Demand forecasting
6. Human resource
7. Master data management
8. E-commerce and social media management
Microsoft Dynamics NAV – An Introduction
In the year 2002, Microsoft Dynamics NAV was acquired by Microsoft from Navision. Dynamics NAV is for the business that is growing in various aspects. The NAV is an easily adaptable ERP planning software package that helps small and medium scale businesses to develop in sales and financial sector.
Dynamics NAV includes certain features such as-
1. Financial management and accounting
2. Supply chain, manufacturing, and operations
3. Sales and services
4. Project management
5. Business intelligence and reporting
6. Flexible deployment
7. Supporting international currencies
How to choose from the best Microsoft Dynamics Products-
Choosing the right option completely depends on the requirements of the business. Whether the business enterprise wants to invest in a robust ERP dynamics or just intend to grow with multiple international currencies, only the dynamics resellers can guide through. Whichever package one chooses, it must help organizations towards achieving their business goals.
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