If anyone has kept up with all of the versions of Microsoft’s Dynamics NAV, first acquired as ‘Navision’ from a Denmark company back in 1983, then—thankfully—the most recent iteration of Dynamics NAV 2017 released last October marks the beginning of an annual, release cycle for this ERP software.
Of note, is the fact that Dynamics NAV, designed for SMB owners looking to automate and streamline aspects of their finance, manufacturing, CRM, supply chains, as well as eCommerce and a powerful analytics components, features a Web Client geared for enhanced productivity. Now, users can accomplish more from within their browser, and are showing more signs of adopting the ‘cloud’ as a viable, secure and performance-focused platform.
A recent MSDW survey indicated that about 20% (5 out of 26) surveyed have their accounting systems in the cloud. It’s noteworthy that, in light of today’s focus on migrating critical programs and procedures to the cloud, Dynamics NAV was the first of the Dynamic products to issue a ‘true’ web-deployment interface.
In addition, Dynamics NAV was one of the first ‘multi-tenant’ architectures that makes adaptable to an array of hosting services.
Moreover, NAV’s design evolution moved the platform from a reliance on Microsoft Exchange to Office 365 with the capability, as well, to migrate Excel spreadsheets into Dynamics NAV reporting modules, for example.
Many business leaders, at one time or another, embrace an old business adage to “follow the money” in their decision-making. This is particularly relevant, as noted by Forbes, in this age of the digital economy. In fact, the aforementioned survey, revealed that 70% of current NAV users were expecting to increase their “cloud solution” investments next year.