Dynamics NAV 2017 upgrade: why you shouldn’t wait!

Dynamics NAV 2017 upgrade: why you shouldn’t wait!

Published by: Blandine Faure
Published date: 9th Jan 2017

With the latest release of Dynamics NAV, Microsoft has not only given a major lift to core ERP functionality. They have combined these with a broad range of new reporting and analytics features to enable your workforce to work smarter and faster. Here is why you shouldn’t wait too long to upgrade to NAV 2017.

Are you running an older version of Microsoft Dynamics NAV and dragging your feet at the idea of a NAV 2017 upgrade? Or are you running on NAV 2016 and wondering why upgrade so soon?

If so, you really need to take a closer look at Dynamics NAV 2017. With this latest release, Microsoft has enhanced all the core ERP functionality. But most importantly, they have added nifty new features to improve navigation, lookups and reporting and analytics.

Embedded Power BI and Cortana intelligence

In NAV 2016,  Microsoft introduced Power BI integration. With the NAV 2017 upgrade, they have now enhanced it. Users can embed reports and dashboards, and create custom reports via self-service tools. Power BI-created reports appear in NAV 2017 Role Centres, giving users the data and the information they need when they need it. Besides, the Cortana intelligence service offers powerful predictive analytics and artificial intelligence.

Effortless Financial Statements

In the Dynamics NAV 2017 upgrade, financial statements can be done handily and without a hitch. Microsoft has added a few default financial reports like:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement
  • Retained Earnings Statement

Accounting Enhancements

Microsoft added account categories and sub-categories. This makes it easy to group general ledger accounts to best suit financial reporting needs. Users just need to specify the account category in each G/L account so ledger entries in this account are categorised as assets, liabilities or expenses, etc.

Add to this further powerful integration with Office 365 and an unlimited extensibility via apps in Dynamics 365 AppSource, and you will soon find no reason not to upgrade.

If upgrading your ERP seems like a scary prospect, remember all the positive benefits. And at Codec-dss, we can help ease the pain of upgrading your applications.

If you’d like to learn more about the new features and functionality and the best way for you to upgrade to NAV 2017, contact us now. Our Dynamics NAV experts are here  to help.

In the meantime, if you would like to learn more about the different reporting tools in NAV 2017? Register for our webinar on Wednesday 18th January 2017 at 11.00am GMT “Gain practical insight into the benefits of the Dynamics NAV reporting tools”.