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Glossary of terms

ERP - Enterprise Resource Planning - business applications designed for companies of all sizes and industries, which are used for planning and managing business processes. Often ERP applications are identified as accounting software, but although they have some elements of bookkeeping software, ERP applications are much more than that.

NAV - abbreviation for Navision - ERP application Microsoft Dynamics NAV

Microsoft Dynamics NAV is one of the leading ERP (Enterprise Resource Planning) information systems for business management for small, medium and large businesses, and is particularly suited to satisfy Croatian economic and legal regulations.

Some of the key qualities that make Microsoft Dynamics NAV a successful solution are flexibility, reliability, stability, ease of upgrade, and ease of use. A person familiar with basic business processes can easily start working in Microsoft Dynamics NAV system, especially if they have previous experience working in other Microsoft Office tools (Word, Excel, Outlook, etc.). In addition to its standard functionality, NAV allows users to create and analyze a variety of reports and is often praised for the comprehensive integration with its financial module.

Microsoft Dynamics NAV is not just an accounting software, but highly integrated system that supports different business processes such as finance, marketing and sales, manufacturing, supply chain, warehouse, services, projects, human resource management and so on. To be able to perform at its maximum, Microsoft Dynamics NAV has been developed as a flexible solution specialized for diverse industrial verticals, which is easily adapted to your way of doing business.

The following application areas are integrated into Microsoft Dynamics NAV system:

• Accounting and Finance
• Manufacturing
• Distribution / Supply
• Business Intelligence and Reporting
• Sales and Marketing
• Human Resource Management
• Project Management
• Service Management
• System Integration with other applications

Microsoft Dynamics NAV has more than one million licensed users worldwide. The following facts prove the success of Navision in the market:

• More than 73,000 customers
• More than 4,000 certified partners
• More than 2,000 Add-on solutions (products)
• More than 40 localized versions

Why choose Microsoft Dynamics NAV:

By implementing Microsoft Dynamics NAV companies experience many benefits - the ability to perform all business processes from one place while increasing efficiency in everyday activities through process automation and integration with other applications.

NAV offers a large number of functionalities that allow the following:

• E-business/e-Commerce – due to the integration of all business segments and other Microsoft systems, your business data is up-to-date and available in one place, which makes the communication between participants (manufacturers, suppliers, users ...) very easy
• Customer relationship management (CRM) – enables effective interaction with your contacts and offers thorough management of your marketing and sales activities
• Supply chain Management - controls the distribution and organize the data related to products and their series for the purpose of storage and shipping. Also optimizes process flow between customers and suppliers.
• Manage the manufacturing process – enables simple production control and supply and capacity planning,
• Financial management - accurate, automated and highly flexible financial data tracking which allows you to meet regulatory requirements and analyze the data through generated financial reports,
• Flexibility - adapts to your way of doing business and supports your growth and success
• Integrative - integrates easily with other systems / applications while connecting processes, information and people
• Security – a product with the latest technology that is constantly being further developed and improved while having a clearly defined vision and direction for the future

Accomplished Microsoft competencies