Top Features of Microsoft Dynamics ERP Systems

Microsoft Dynamic Enterprise resource planning(ERP) software is designed for midsize organizations as well as divisions of larger organizations. It helps small businesses to automate and connect their sales, purchasing, accounting, operations and inventory management. There are plenty of Microsoft Dynamics Nav contractors who provide services for this software. Here are some of the top features of microsoft dynamics ERP systems:

Project management :

• Keep track of resources and prices.

• Manage alternative costs for resource and resource groups.

• Keep track of usage on jobs and data for invoicing the customer.

• Time sheet provides integration to the service, jobs and basic resource modules.

Financial management :

• Helps accountants to extract the data from chart of accounts, budgets, cash flow accounts and cost types into financial reports which can be used to monitor growth of business.

• Cost accounting provides an efficient way to control company’s costs by providing insight into budgeted and actual costs of operations, products, operations and projects.

• Keep track of fixed assets like buildings, machinery and equipment. Record maintenance and service expenses for each fixed asset.

• Manage multiple currencies. Create, operate and manage multiple bank accounts to cater your diverse business needs.

Human resource management

• Group and track relevant employee information and organize employee data according to their experience, skills, education, training etc.

Warehouse management :

• Capture data automatically. Keep data accurate even in hectic environments.

• Manage items on a bin level. Receive and put away items in a bin, pick away items from a bin based on zone and bin ranking.

Sales and marketing and service management:

• This software manages your cash, assets and banking. It organizes campaigns based on your contacts from different criteria like sales, contact profile and interactions.

• It sorts out your contacts into categories and automatically classify your customers based on criteria that you specify.

• Records contact information for all your business relationships and any interaction you have with them like telephone calls, meetings or letters.

• Keep track of sales opportunities. Organize tasks related to your sales and marketing activities.

Supply chain management:

• Set up calendars with working and non-working days. Assign a base calendar to customers, vendors, companies, shipping agencies and service management.

• Work with sales prices and sales line discounts connected with specific campaigns.

• Promise accurate order shipment and delivery dates to customers considering items current and future availability.

• Set up multiple shipping agents and relate their services with shipping time.

• Calculate sales tax and set up separate tax areas for each customer and vendor.

Manufacturing:

• Create bills of materials and calculate standard costs.

• Create and manage production orders.

• Plan material requirements based on demand.

• Manage demand forecasting.

• Add capacities to manufacturing process.

Languages:

• Set up alternative descriptions of your inventory items and print reports in multiple languages.

• Switch languages on the client in real time.

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