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Essay: Profound Dive into Microsoft Dynamics | ERP and CRM for SME’s

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  • Published: 1 April 2019*
  • Last Modified: 23 July 2024
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Microsoft Dynamics is a line of enterprise resource planning (ERP) and customer relationship Management (CRM) programming applications. Microsoft Dynamics applications are conveyed through a system of exchanging accomplices who give specialized services. Very few installations are made without the guidance of the third party resellers. In its 2013 update, the first since 2009, Microsoft expelled the capacity of clients to get to specific features, for example, report composing without the help of individuals from Microsoft's endorsed reseller network. Microsoft Dynamics is a part of Microsoft Business Solutions. Dynamics can be utilized with other Microsoft programs and services, for example, SharePoint, Yammer, Office 365, Azure, and Outlook. The Microsoft Dynamics center ventures are retail, public sector etc. Microsoft Dynamics offers services for small, medium, and large organizations.

Microsoft Dynamics ERP consists a group of enterprise resource planning products planned for various market segments, ranging from Dynamics GP for SMBs to Dynamics 365 for Finance and Operations designed for medium to large businesses with multi-language, money, and lawful element ability. Microsoft Dynamics ERP incorporates the following essential products:

• Microsoft Dynamics 365 for Finance and Operations (previously Dynamics AX) – multi-language, multicurrency enterprise resource planning (ERP) business programming with worldwide business administration highlights for financial, HR, and operations management and in addition with extra industry capacities for retailers, professional services industries, financial service organizations, producers, and public sector businesses.

• Microsoft Dynamics GP (previously Great Plains Software) – ERP programming for small and medium size organizations: aids managing financials, supply chain, and workers.

• Microsoft Dynamics NAV (previously Navision) – business management solutions that enable small and medium sized organizations to deal with their financials, supply chain, and individuals. It features numerous languages and various multiple currencies.

• Microsoft Dynamics SL (previously Solomon IV) – invented for the project- driven businesses in North America. Business management programming that holds future business development.

• Microsoft Dynamics C5 (previously Concorde C5) can help with finance, producing, supply chains, data, and e-commerce for small and mid-sized enterprises. The recent version is Microsoft Dynamics C5 2010.

Microsoft Dynamics CRM is a customer relationship management application from Microsoft that arrange sales, service and marketing capacities. Microsoft offers Microsoft Dynamics CRM individually from the ERP products. CRM is accessible either as on-premises programming or as a software as-a-service offering called "Microsoft Dynamics CRM Online"

Microsoft Dynamics NAV is comprehensive ERP programming which is organized to enhance the functionalities of small and medium sized organizations. With the best possible utilization of Microsoft Dynamics NAV, entrepreneurs can settle on decisions effortlessly and deal with the activities of the organization easily. The design of Microsoft Dynamics NAV is the end goal that it can have the capacity to deal with a few workloads and data at the same time. This guarantees that everyone who is involved is working with exact information. This is a product which was picked up by Microsoft in 2002 and functions admirably with other Microsoft applications.

The product is a part of the Microsoft Dynamics family and intended to help with fund, fabricating, client relationship management, supply chains, analytics and e-business for Small and Medium sized Enterprise and adjacent reinforcements of vast worldwide Group.

Microsoft Dynamics NAV: It is an enterprise resource planning (ERP) programming suite for medium sized businesses. It has been invented to give an overall vision to your business and goes past what a basic independent ERP arrangement can do. The program offers improved core functionality, combined with an easy to use and customizable fresh look and feel. Dynamics NAV binds together your core business procedures and engages your clients to settle on choices that enhance margins and cash flow, enabling your business to develop.

HISTORY

Microsoft Dynamics NAV begins from Navision, a suite of computing applications which Microsoft attained in 2002.

Navision started at PC&C A/S (Personal Computing and Consulting), an organization established in Denmark in 1984. PC&C launched it's initially accounting bundle, PC Plus, in 1985 – a solitary client application with fundamental computing functionality. There followed in 1987 the principal adaptation of Navision a client/server-based accounting application that empowered different customers to get to the structure in the meantime. The accomplishment of the product incited the organization to rename itself to Navision Software A/S in 1995. The Navision product sold principally in Denmark until 1990. From Navision version 3 the product was circulated in other European nations, including Germany and the United Kingdom.

In 1995 the primary form of Navision in view of Microsoft Windows 95 was launched.

In 2000, Navision Software A/S converged with Danish firm Damgaard A/S (established 1983) to shape Navision Damgard A/S. In 2001 the organization changed its name to "Navision A/S".

On July 11, 2002, Microsoft purchased Navision A/S to run with its past securing of Great Plains. Navision turned out to be a new division in Microsoft, named Microsoft Business Solutions, which likewise took care of Microsoft CRM.

In 2003 Microsoft declared plans to build up a completely new ERP framework (Project Green but it later chose to proceed with the growth of all ERP frameworks (Dynamics AX, Dynamics NAV, Dynamics GP and Dynamics SL). Microsoft released each of the four ERP frameworks with the same new part based UI, SQL-based announcing and analysis, SharePoint-based gateway, Pocket PC-based portable customers and mix with Microsoft Office

In September 2005 Microsoft re-marked the product and re-launched it as Microsoft Dynamics NAV.

Microsoft Dynamics NAV 2009 was launched in December 2008 which includes both the initial "classic" customer and also another three-level Graphical User Interface called the Role Tailored Client (RTC).Microsoft Dynamics NAV 2013 was released in October 2013. It was accessible with the RTC only and presented bolster for 64-bit Windows working frameworks and a design of putting away dimension sets, interoperability with SharePoint, and a web customer.

Microsoft Dynamics NAV 2015 was launched in October 2014. The enhancements highlight in this version where the tablet customer, archive announcing utilizing Microsoft Word, Bank Integration, and much more

Microsoft released NAV 2016 was released in October 2015. This present variant's elements upgrades in reporting and email incorporation, deferral bookkeeping, and posting preview work.

Microsoft keeps on putting resources into Dynamics NAV and is directly on a yearly discharge cycle.

The product itself has encountered a couple of name changes over the time. The product itself has experienced a few name changes over the time. At first "Navigator" was utilized as a part of Denmark, albeit most Danish clients knew it as "IBM-Navigator", as IBM conveyed the program. Globally it was sold as "Navision", aside from in the U.S., where it was called "Avista""Microsoft Dynamics NAV" (articulated N-A-V, with the exception of in the U.S. where most clients generally say "nav" – another way to say "Navision") have all been utilized to indicate to this product.

Versions

Windows base Navision Version from 1.00 onwards:

Navision Financials 1.00 : 1.00, 1.00A, 1.00B, 1.10, 1.10A, 1.20, 1.30

Navision Financials 2.50: 2.50

Navision Financials 2.60: 2.60, 2.60A,  2.60B, 2.60C, 2.60D, 2.60E

Navision Financials2.65: Introducing the NAS (Navision Application Server)

Navision Solutions 3.00 : 3.00

Navision Attain 3.01 : 3.01, 3.01A, 3.01B

Navision Attain 3.10 : 3.10, 3.10A, 3.10B

Navision Attain 3.60 : 3.60, 3.60A

Microsoft Business Solutions Navision 3.70 : 3.70, 3.70A, 3.70B

Microsoft Business Solutions NAV 4.00 : 1.00, 4.00SP2, 4.00SP3

Dynamics Navision 5.00 : 5.00, 5.00SP1

Dynamics Navision 5.00 : 5.00, 5.00SP1

Dynamics Navision 2015 : (“8.00”) 2015

Dynamics Navision  2016 :(“9.00”) 2016

Dynamics Navision 2017 : (“10.00”) 2017

FEATURES OF NAVISION

• Manufacturing: Make beyond any doubt you have the stock when it is required with Demand Forecasting, supply arranging and more.*

•Financial Management: Keep your business' funds with Cash Management, Ledgers, Appropriation and Asset Management and much more

• Project Management: Make beyond any doubt you have the assets to satisfy your clients with Jobs, Time Sheets, Capacity Management and much more.

• Sales, Marketing and Service Management: Interact with your clients at the opportune time with CRM and Office 365 Integration.

• Built-In Intelligence: Create keen outlines and reports utilizing the installed Power BI

• Supply Chain Management: Ensure your deals and shipments are enhanced with Sales Order Management, Inventory Management, Shipping Agents, Warehouse Management and significantly more.

• Make revealing to a lesser extent an errand: Reporting can take a lot of time with regards to getting in-depth bits of knowledge into your business.

Functional Overview: It's an answer equipped for supporting all the business forms broad. A portion of the Core Functions incorporates:

• Financial Management

• Sales and Marketing

• Purchasing

• Manufacturing

• Resource and Project Management

• Warehouse Management

• Service Management

• HR Administration

These modules can likewise be additionally personalized and adjusted according to singular business needs

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