ERP Consultant Blog

Microsoft Dynamics NAV 2016: 3 Core Business Intelligence Features

Written by Greg Miles | Thu, Feb 11, 2016

Microsoft Dynamics NAV 2016: A Deeper Look at Business Intelligence

Access and insight into critical decision making information is key to successfully managing a growing business. The ability to display and extract the data in a useful informative way is vital. Dynamics NAV gives your business the ability leverage data and have greater control over your financials and can simplify your supply chain, manufacturing, and operations.

Microsoft Dynamics includes the ability to utilize existing desktop tools to analyze data and provide insight. Agile and easy to use business intelligence and reporting tools, truly leverages the power of the Microsoft SQL platform for small and mid-sized companies.

Dynamics NAV streamlines data collection, reporting and analysis within one system for ease of decision making. The 3 core business intelligence features in Dynamics NAV 2016, listed below, highlights how vital information can be found across the enterprise.

1. Reporting - It is essential to monitor and compare current and historical activity to keep business on track. Easy access to role and task related data gives users the ability to perform repetitive business processes and have formatted grouped data, all as part of the standard application and setup. Microsoft Dynamics Nav gives companies the ability to track business performance activities that span from financial transactions and performance reports to compliance records. The deep integration also delivers monitoring capabilities to provide organizations with the comprehensive view of the information they need through Microsoft SQL and native reporting options.
2. Charts and KPI’s - Microsoft Dynamics Nav gives users the ability to identify, measure and drive key performance indicators (KPI’s) with charts and drill down details for trend spotting and monitoring business drivers and making actionable decisions.
3. Ad-hoc Query and Analysis - Providing easy to use, and familiar tools like Microsoft Excel, to analyze positive and negative insight makes it easy to create impactful action plans. Comparing plans to actuals, analyzing that information, making the necessary adjustments keep companies competitive. In this scenario, the user needs to address specific business questions and problems and perform data calculations. Businesses need robust analytic tools to turn information into forward-thinking insight, such as the insight needed to change the direction of a negative trend or take advantage of a positive trend.
 

Microsoft Dynamics NAV provides simple but powerful analysis and report¬ing tools that enable this kind of business intelligence. Understanding your business data is an important part of running a successful business. Microsoft Dynamics NAV helps enable better business insight for your entire company. With Microsoft Dynamics NAV, you and your employees can get the answers you need to your specific business questions – fast – through high-impact reports, charts and simple analysis.

Learn more about Dynamics NAV Reporting and Analytics

Download the complete Product Guide for Microsoft Dynamics NAV 2016

Since 1980, iCepts Technology Group has been offering the “Best-of-Class” technology solutions to help companies streamline their specialized business departments and become more efficient and therefore profitable. We have implemented hundreds of systems throughout the Mid Atlantic Region spanning from Ohio, Pennsylvania, New York, New Jersey and Virginia.  We can help your company determine the appropriate technology fit. Discover why customers have been with iCepts for so long; our vast industry knowledge, friendly personnel and superior customer service!

We provide start to finish services for the solutions we represent. We provide services that cover process analysis, implementation, training, security and networking. Naturally, we also provide full ongoing support for years after implementation to help our clients succeed. We are your one stop shop for your business technology needs.

Another version of this blog was previously posted on January 19, 2016.  3 Core Business Intelligence Features in Microsoft Dynamics NAV 2016 http://www.icepts.com/3-core-business-intelligence-features-in-dynamics-nav-2016/