Microsoft Dynamics NAV is a quick-to-implement and easy-to-use business solution that supports you in optimizing your business processes and achieving your business goals. The functions help you to react to changing business requirements and form the ideal basis for a growing company - both nationally and internationally.
Read here how NAV can support you in managing your processes at several locations or in several countries.
Are you an international company with locations in several countries and would like to use an ERP system as a standardized business solution?
With Microsoft Dynamics NAV, you not only have over 40 country versions at your disposal, this ERP system also supports several languages and currencies. This makes NAV the ideal solution for internationally active companies or for companies with locations in different countries.
For companies with foreign customers or suppliers, NAV also has supporting solutions that make day-to-day business easier and thus provide a decisive advantage on the market.
Multilingual functions through the assignment of language codes, which are required for invoicing, for example, or the management of multiple currencies throughout the application ensure flexible accounting processes.
We have summarized the most important advantages for you:
- Setting up foreign-language descriptions of your articles and printing reports in several languages
- Creation of invoices in the language of the recipient
- Adaptation of article descriptions for domestic customers
- Switch to another language in real time by executing the multi-language functionality; a personalized license file for the corresponding language package is required
- Setting up foreign currencies or managing multiple currencies in the currency table with specification of the number format; in particular for receivables and payables, for reports in financial accounting, for resources and articles as well as bank accounts
- Management of an unlimited number of bank accounts, both in the local currency and in foreign currencies
- Input of exchange rates and conversion in full compliance with euro legislation in EU countries
- Exchange rate regulations with the exchange rates stored in the currency table
- Calculate discounts in local or foreign currency and set up any number of discount conditions including minimum amounts, invoice discount percentages and/or service fees
- Support of various standards in electronic document exchange, e.g. Global Location Number (GLN)-ID for customers and suppliers, Global Trade Item Number (GTIN) for articles as well as international codes for units, currencies, tax numbers, tax schemes and countries
- Set up default values for preferred sending behavior for one or a preferred group of customers or suppliers
- Compliance with tax and legal requirements by setting up the corresponding processes in NAV, e.g. correct identification of all country-specific VAT ID numbers.
- Combination of campaign management with activity/document management to address your foreign contacts in the local language
With Dynamics NAV, you are using an ERP solution that supports your company's growth. You will find a system that takes country-specific requirements and specifications into account and maps these in the individual functions. This consolidates your business processes so that you can ultimately exploit your full growth potential.
This benefit can be optimized with additional modules in NAV.
Do you need help with mapping country-specific requirements or would you like to find out more about the Dynamics NAV ERP system as a business solution?
Get in touch with us!
Our consultants will be happy to support you with the implementation or answer any initial questions you may have.
Phone: +49 (89) 21 111 848
E-Mail: vertrieb@br-ag.com
