Over 110,000 companies use Microsoft Dynamics NAV 2017. If you’re not one of them, you may be losing serious profits because of outdated software that can’t keep up with your growing business. Did you know that hospitals lose over $8 billion every year because of old technology? That hospital staff can lose nearly 1 hour every day because they’re waiting on patient information to be delivered? No matter what line of business you’re in, it’s time to update your business software, and quickly. Microsoft Dynamics NAV 2017 can help to save your company time and money. Read on to learn about the 5 things you need to know when looking into Microsoft Dynamics NAV 2017.
1. Get Notified
Microsoft Dynamics NAV 2017 will notify you when you’re working within the software if it can suggest a way to make your current project easier. This means that you won’t get useless and distracting notifications and that you won’t need to close out of a current window to look for help or advice. Notifications can also be personalized, disabled, or configured to show up only when you want them. They’re especially useful when you need to be reminded about clients’ past-due balances, limits on credit, and contracts that are close to expiring
2. Use Predictive Analytics
Through the use of Cortana Intelligence, you’re now able to use Microsoft Dynamics NAV 2017 to help you predict your sales cycle. You’ll be able to see which times of the year are your most productive, track past performance to indicate your future results, and see which campaigns and strategies were the most effective in saving you time or bringing in cash.
3. Better Financial Reporting
When it comes to tracking your finances, the more specific you can be, and the more data you can chart, the better. This software offers you accounting categories so that you can define what’s important to you. You’ll also get:
- Cash Flow Statements
- Balance Sheets
- Retained Earning Reports
- Income Statements whenever you need them
4. Add Hyperlinks With Ease
The Microsoft Dynamics NAV 2017 program lets you add links anywhere you need to. This makes online bill pay much easier (especially installment payments) because these hyperlinks give you several different options to accept payments. You can even add your PayPal account, as well as other credit cards!
5. Easier Payments Through The Payment Reconciliation Journal
You’ll be able to clearly see which payments still need to be made, and the exact amount owed. You’ll also get a clear list of your total expenditures, so you can generate and analyze frequent reports. You’ll also have the chance to see any documents that have not yet been put towards the reconciliation report.
Looking for more updates on the latest software for your business?
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