NAV will help you Navigate
Lukas Sundahl, MBA | TrustRadius Reviewer
April 25, 2018

NAV will help you Navigate

Score 10 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Microsoft Dynamics NAV

We are using Microsoft Dynamics to handle our operations and financial management. We have switched over from a more manual process of invoicing and tracking hours to using NAV. NAV streamlines our accounting process and helps us get invoices billed faster and perform more detailed accounting reports. We will be able to speed up the close process now with NAV.
  • Microsoft Dynamics NAV allows a copy and paste feature from Excel. This allows quicker input of data.
  • Dynamics NAV connects to Microsoft OneNote which helps us organize pertinent information. Then, from within NAV we can access the documents/information saved in OneNote.
  • Dynamics NAV is very intuitive to use especially if you are familiar with using Excel, Word and even Access on a consistent basis.
  • Dynamics NAV allows easy customization of data organization and the columns that are displayed on various tabs within the program.
  • While Dynamics NAV has the copy paste feature it could have more options for importing data quickly (like the ones Microsoft Access has built in).
  • Dynamics NAV could have some of its menu items consolidated and accessible from within one screen versus going out to another place in NAV.
  • The dashboards within NAV could be improved and offer more detail.
  • The ROI has been good although we are still early in the process of using NAV.
  • NAV has made it so much easier to track project details and assess overall performance.
  • NAV has given more visibility on financials and a quicker way to assess financial objectives.
Dynamics NAV stacks up well against Infor ERP with its ease of use and the functionality much like other Microsoft products. Dynamics has a lot more options for customization of the software when compared to other products. Dynamics NAV also is reasonably priced when looking at other ERP systems which can be cost prohibitive for small and even medium sized companies.
Dynamics NAV is well suited for organizations that want to be able to customize their ERP system. The software has many features that can be added and adjusted as needed. Plus, with PowerBI companies have the option to connect NAV to PowerBI for more robust reporting of data. NAV is well suited for businesses because so many people are already familiar with other Microsoft products.

Microsoft Dynamics 365 Business Central (formerly Dynamics NAV) Feature Ratings

Accounts payable
10
Accounts receivable
10
Global Financial Support
10
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
10
Localizations
10
Journals and Reconciliations
10
Enterprise Accounting
10
Configurable Accounting
10
Centralized Rules Framework
10
Standardized Processes
10
Automated Invoice Processing
Not Rated
Shared Services Payments
Not Rated
Billings Management
9
Customer Receipt Applications
10
Customer Collections
10
Revenue Recognition
10
Cash Management
10
Asset Management
10
Travel & Expense Management
Not Rated
Budgetary Control & Encumbrance Accounting
10
Period Close
10
Transactions Tax
Not Rated
Subledger Reconciliations
10
3rd Party Accounting Systems
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
10
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Dashboards
8
Standard reports
10
Custom reports
10
API for custom integration
Not Rated
Plug-ins
10
Role-based user permissions
10
Single sign-on capability
Not Rated
Award Lifecycle Management
10
Spending Control
10
Indirect Cost Management
Not Rated
Billing
10
Budgeting and Forecasting
10
Project Costing
10
Cost Capture
10
Capital Project Management
10
Customer Invoicing
10
Customer Contract Compliance
10
Project Revenue Recognition
Not Rated
Project Financial Performance Analysis
10
Project Financials Dashboard
8
Real-time Financial Reporting
10
Embedded Business Intelligence
8
Project Planning Collaboration
Not Rated
Project Planning and Scheduling
Not Rated
Project Manager Dashboard
Not Rated
Resource Manager Dashboard
Not Rated
Task Insight for Project Managers
Not Rated
Project Manager Mobile Functionality
Not Rated
Team Member Task Collaboration
10
Team Member Mobile Functionality
Not Rated
Project Candidate Search
Not Rated
Project Candidate Comparison and Analysis
Not Rated
Defineable Resource Pools
Not Rated
Defineable Resource Pools
Not Rated
Talent Profiles
Not Rated
Real-Time Project Reporting
Not Rated
Absence Management
Not Rated
Product Lifecycle Management
Not Rated
Sourcing Team Collaboration
Not Rated
Sourcing Analysis
Not Rated
Bids Analyzed and Compared
Not Rated
Catalog Shopping E-Commerce for Employees
Not Rated
Contract Authoring
Not Rated
Contract Compliance Management
Not Rated
Contract History
Not Rated
Contract Renewal Automation
Not Rated
Contract Repository
Not Rated
Contract Standardization and Enforcement
Not Rated
Electronic Signatures
Not Rated
Invoice Automated Matching
Not Rated
Purchasing Risk and Compliance Management
Not Rated
Requisitions-to-Purchase Orders Integrated
Not Rated
Spend Compliance Management
Not Rated
Supplier Assessment
Not Rated
Supplier Communication and Collaboration
Not Rated
Supplier Management
Not Rated
Supplier Portal
Not Rated
Risk Repository
Not Rated
Control Management
10
Control Mapping
10
Control Efficiency Assessments
Not Rated
Automated Control Assessments
Not Rated
Assessment Capture
Not Rated
Issue Detection
10
Automatic Notification
Not Rated
Remediation and Certification
Not Rated
Transportation Planning and Optimization
Not Rated
Transportation Sourcing Management
Not Rated
Transportation Process Integration
Not Rated
Transportation Execution Management
Not Rated
Freight Payment Automation
Not Rated
Trade Management
Not Rated
Trade Regulatory Compliance Management
Not Rated
Customs Entry Management
Not Rated
Customs Document Management
Not Rated
Customs Document Collaboration
Not Rated
Fulfillment Management
Not Rated
Inventory Visibility
Not Rated
Warehouse Workforce Management
Not Rated
Production Process Design
Not Rated
Supply Chain Business Flows
Not Rated
Production Management
Not Rated
Contracted Manufacturing Management
Not Rated
Configuration Management
Not Rated
Work Definition
Not Rated
Work Execution
Not Rated
Advanced Fulfillment
Not Rated
Manufacturing Costs
Not Rated
Forecasting
Not Rated
Inventory Planning
Not Rated
Multi-tier Supply Chain Planning
Not Rated
Performance Monitoring
Not Rated
Ideation Management
Not Rated
Requirements Management
Not Rated
Proposal Management
Not Rated
Innovation Portfolio Management
Not Rated
Product Master Data Management
Not Rated
Vendor Portal
Not Rated
Project Portfolio Management
Not Rated