Comments on: Top 12 Microsoft Dynamics NAV features to defeat recession http://navigateintosuccess.com/blog/defeat-recession Ensuring Microsoft Dynamics NAV implementation success since 2003 Thu, 02 Feb 2012 07:26:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Vjekoslav Babic http://navigateintosuccess.com/blog/defeat-recession/comment-page-1#comment-959 Vjekoslav Babic Mon, 02 Mar 2009 06:47:41 +0000 http://NavigateIntoSuccess.com/?p=551#comment-959 Vellduemn, hello to you to! See you around! Vellduemn, hello to you to! See you around!

]]> By: Vellduemn http://navigateintosuccess.com/blog/defeat-recession/comment-page-1#comment-958 Vellduemn Fri, 27 Feb 2009 18:29:04 +0000 http://NavigateIntoSuccess.com/?p=551#comment-958 Just wanted to say hello to everyone and that I look forward to posting plenty of useful information for all <a href="http://LOANMODIFYSERVICE.COM" rel="nofollow">.......</a> Thanks, Just wanted to say hello to everyone and that I look forward to posting plenty of useful information for all ……. Thanks,

]]> By: Vjekoslav Babic http://navigateintosuccess.com/blog/defeat-recession/comment-page-1#comment-955 Vjekoslav Babic Sat, 21 Feb 2009 01:42:58 +0000 http://NavigateIntoSuccess.com/?p=551#comment-955 Fred, thanks! Both for the comment, and for the link. I'll make sure I consume most of material there, and make it into a blog post here a bit later. This seems to be great stuff! Fred, thanks! Both for the comment, and for the link. I’ll make sure I consume most of material there, and make it into a blog post here a bit later. This seems to be great stuff!

]]> By: Fred Mackie http://navigateintosuccess.com/blog/defeat-recession/comment-page-1#comment-954 Fred Mackie Sat, 21 Feb 2009 00:03:50 +0000 http://NavigateIntoSuccess.com/?p=551#comment-954 What a well-thought-out article, Vjekoslav. There's also more information about Dynamics NAV features, for those companies that aren't aware that they exist, on <a href="http://www.microsoft.com/events/series/mbserp.aspx" rel="nofollow">Enterprise Resource Planning</a>. What a well-thought-out article, Vjekoslav. There’s also more information about Dynamics NAV features, for those companies that aren’t aware that they exist, on Enterprise Resource Planning.

]]> By: Vjekoslav Babic http://navigateintosuccess.com/blog/defeat-recession/comment-page-1#comment-957 Vjekoslav Babic Sun, 15 Feb 2009 10:31:45 +0000 http://NavigateIntoSuccess.com/?p=551#comment-957 <strong>mrak: </strong> yes, real time reporting is one of the features that lift ERP systems high above accounting software. However, there are several reasons I didn't include reporting in the list: 1. it is used by everyone already. You would be surprised to find out how many companies aren't using the features I listed here. Some of them aren't even aware they exist (and I see this as a failure of the consultants having implemented it - some consultants even refer to NAV as "accounting software", which explains why ERP features weren't implemented) 2. reporting itself will only explain to you what is going on (which is an important first step) but will do nothing to prevent the same problems from keeping going on; majority of the features below take action to prevent problems in your supply chain, inventory, cash flow... by using reporting, you aren't defeating recession, by optimizing your supply chain, you do. 3. I in fact did mention several reporting features: customer statistics, item statistics and business anyltics. All of these are reporting. Business Analytics is especially important because it is a BI solution enabling you to do ad-hoc reporting. While static reports of ERP systems are only as good as they have been programmed, they are, well, static. They give you a pre-programmed type of answer. If you have follow-up questions, static reports don't provide any. Business Analytics does. As I said, it's not perfect, but is a great entry-level BI tool. mrak: yes, real time reporting is one of the features that lift ERP systems high above accounting software. However, there are several reasons I didn’t include reporting in the list:
1. it is used by everyone already. You would be surprised to find out how many companies aren’t using the features I listed here. Some of them aren’t even aware they exist (and I see this as a failure of the consultants having implemented it – some consultants even refer to NAV as “accounting software”, which explains why ERP features weren’t implemented)
2. reporting itself will only explain to you what is going on (which is an important first step) but will do nothing to prevent the same problems from keeping going on; majority of the features below take action to prevent problems in your supply chain, inventory, cash flow… by using reporting, you aren’t defeating recession, by optimizing your supply chain, you do.
3. I in fact did mention several reporting features: customer statistics, item statistics and business anyltics. All of these are reporting. Business Analytics is especially important because it is a BI solution enabling you to do ad-hoc reporting. While static reports of ERP systems are only as good as they have been programmed, they are, well, static. They give you a pre-programmed type of answer. If you have follow-up questions, static reports don’t provide any. Business Analytics does. As I said, it’s not perfect, but is a great entry-level BI tool.

]]> By: mrak http://navigateintosuccess.com/blog/defeat-recession/comment-page-1#comment-956 mrak Sat, 14 Feb 2009 15:25:54 +0000 http://NavigateIntoSuccess.com/?p=551#comment-956 hi, one of the largest benefits of owning an ERP system is real time reporting; in non-erp environment you have to rely on your bookkeeping and their timely work in my case, one of the greatest benefits was ability to see your sales funnel from the begining not from the back end where you only get report and realise you are in trouble with ERP you can see and monitor number of quotes, you can track orders, relate that to your stock and you can make prediction of your future cash flow, which in the end can help you spot troubles ahead before anybody else without ERP you typicaly get reports on something that already happened and after the fact; in the first case you have significant head start which you can use to fix, remedy or at least soften the problem hi,

one of the largest benefits of owning an ERP system is real time reporting; in non-erp environment you have to rely on your bookkeeping and their timely work

in my case, one of the greatest benefits was ability to see your sales funnel from the begining not from the back end where you only get report and realise you are in trouble
with ERP you can see and monitor number of quotes, you can track orders, relate that to your stock and you can make prediction of your future cash flow, which in the end can help you spot troubles ahead before anybody else

without ERP you typicaly get reports on something that already happened and after the fact; in the first case you have significant head start which you can use to fix, remedy or at least soften the problem

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