In October, Microsoft is going to roll out new releases for its business applications. Dynamics 365 Business Central will then also be equipped with some improvements and innovations. The release notes recently published by Microsoft provide an overview of the new key features. They also confirm that the on-premise version of Business Central will be the successor to Microsoft Dynamics NAV.
With the upcoming October release, the availability of Dynamics 365 Business Central will be extended. From this point on, the solution can be operated in the cloud, on-premise and as a hybrid model. Customers who currently have a local Dynamics NAV solution in operation can continue to use it. However, subsequent versions of the Dynamics NAV product range will no longer be available under the usual name. Instead, the solution will become “Business Central On-Premise” as part of the new releases.
Optimized productivity and user experience
The new version of Business Central will bring some productivity and usability improvements in the Web Client. Besides a new modern look, improved keyboard navigation and new keyboard shortcuts make working with the program considerably faster and more convenient. Enhanced search functions for pages and reports as well as new filter options for lists also increase user-friendliness – regardless of whether the data is accessed via Web Client or Universal App Client (Smartphone, Tablet or Windows 10).
For medium-sized companies, prisma csp, the subsidiary of prisma informatik, which specializes in cloud solutions, is now also implementing the intranet complete solution Valo Intranet.
Corporate news and events, internal announcements and information about the portfolio and business processes – it is not easy to keep social interaction and teamwork in the business running smoothly. No problem with Valo Intranet. The intranet complete solution helps to build a social corporate culture and supports employees with extensive functions in their daily work and communication.
Valo is based on Microsoft SharePoint and Office 365 and can be technically installed in the Azure Cloud in just a few hours (“out-of-the-box”). The swift and simple implementation enables a correspondingly fast introduction and implementation of team-oriented work processes. This includes, e.g. easy access to all areas of a modern workplace (SharePoint team pages, Yammer, Office groups, Teams, Planner), that clearly promotes teamwork.
With its attractive design, that can be adapted to your corporate brand without coding, the elaborate user experience and its full usability on desktop and mobile devices, Valo Intranet quickly meets with high acceptance and satisfaction amongst the employees. Continuous updates guarantee that the platform always stays up to date.
The unstoppable progress of digital transformation not only changes the way of living and working of private individuals, but also presents big challenges to companies on a regular base. An efficient way of dealing with the increasingly rapid transformation are modern technologies and approaches such as machine learning.
In order to stay at the pulse of the times, executives should prepare themselves in time for the continuing digitalisation of the business world. This digitalisation also offers companies numerous advantages that not only facilitate administrative processes and general everyday operations, but also secure competitiveness in the long term. For example:
Creation of flexible work forms
Service optimisation through online support
Outsourcing administrative processes
In order to strengthen or even improve ones’ own position in the competition, to increase productivity, quality and sales, and to save money by a more efficient use of resources, the use of machine learning is recommended. Machine learning is not a finished software product, but an individualisable learning and optimisation process. Using machine learning, algorithms are developed with the aim of analysing historical data automatically and identifying patterns therein. The results can finally be used as predictions and thus as a basis for future business decisions or to solve problems.
Efficient machine learning with Microsoft Dynamics NAV
Using Microsoft Azure Machine Learning in combination with the data source Microsoft Dynamics NAV 2017 is worthwhile for the introduction of machine learning into ones’ own company. The advantages for the companies include the following:
Assess the sales potential Efficient business management with the help of “learning” sales forecasts based on historical data.
Prompt overview of stock shortages Timely overview of inventory developments based on current stock bookings and dynamic sales forecasts.
Decision optimisation Realistic predictions as solid decision-making bases by means of various machine-learning algorithms and continuous result comparisons.
Transparency of predictive quality Evaluation of the calculated prediction results in everyday practice. Successive optimisation of prediction quality through exclusion or weighting of the predictions obtained.
Machine learning is used wherever large quantities of data areanalysed and compactede into business or scientifically quantity and value indicators. According to experts, machine learning will be ready for the market and business-relevant across the board in two to five years. It is worth getting started with it now.
Get an overview over Microsoft Azure Machine Learning in the following video:
In November last year, Microsoft launched its new cloud-based solution Dynamics 365 on the North American market. Release in four more European countries is planned for this year. The Business Edition of the product, which includes Dynamics 365 for Financials (Project Madeira), is based on Dynamics NAV, but varies from the ERP system in many aspects.
Although Dynamics 365 for Financials includes some of the functions of Dynamics NAV, it is not meant to and will not replace it – Dynamics NAV will be developed further in future as well. Unlike the latter, which can be run on-premise, via a private cloud or Microsoft Azure, Dynamics 365 for Financials is a purely cloud-based solution. Since the features of the platform are reduced mainly to basic functionalities of the financial accounting areas, sales and purchasing, it is particularly suitable for small and medium-sized organisations. The simplified functional scope, the high user-friendliness of the intuitive application, as well as assistants and tutorials ensure comfortable acclimatisation and quick understanding in Dynamics 365 for Financials – especially for beginners. Dynamics NAV, on the other hand, comes up with far more extensive processes and additional modules (e.g. assets, production, service and project module), but is also more complex in use.
Comfortable platform expansion via apps and extensions
The flexible cloud platform Dynamics 365 for Financials enables to put the entire system individually together for oneself from various business apps and to adapt it to the requirements of the company, the industry or the role of the user. The corresponding applications can be obtained via Microsoft AppSource and can be supplied and used independently of each other.
For example, you can start with a few fundamental apps and add more as needs rise. The solution deployed includes only functionalities that are actually required in day-to-day operations. Thanks to this flexibility of Dynamics 365 for Financials and the opportunity to implement changes and expansions even without the help of the IT department, it is possible to react quickly and easily to the constantly changing market or company conditions.
Starting with the current 2017 version, the classic Dynamics NAV can also be expanded conveniently thanks to the extensions available. In addition, basic objects in NAV can be changed directly, thus allowing even the most customised adjustments. Updating the respective additional modules in Dynamics 365 for Financials and Dynamics NAV has different levels of difficulty. While Microsoft updates the applications acquired via the AppSource along with the basic application on a monthly basis automatically, extensions installed and basic objects adjusted in Dynamics NAV must always be migrated separately in the event of an update.
With Microsoft Dynamics 365, Microsoft has announced a new platform for cloud-based services that will enrich and correlate the current ERP and CRM applications. Furthermore, the future offer is to include new business apps for domains such as finance, marketing, sales, and customer Service.
Microsoft refers to this service as “end-to-end suite for smart cloud-based business”, which will be available from autumn 2016. The user will then be able to use the individual applications as required. In the event of changing requirements or new challenges, the solutions can then be readily expanded by the new services – allowing users to only pay for what they actually need. Pricing details regarding Dynamics 365 are yet to be announced by Microsoft.
There will be two Dynamics 365 editions – a Business and an Enterprise Edition. The Business Edition Financial will be published this fall in the US and Canada, followed by its release in four European countries and the worldwide availability of the associated sales and marketing module in 2017. The worldwide availability of the Business Edition Financial is planned for 2018. There is no official release date for the also announced Enterprise Edition of the service, yet.
Moreover, the cloud service will natively integrate the two tools “Power BI” and “Cortana Intelligence” in order to support companies in the field of predictive analytics and regarding specific recommended actions based on their data.
Additionally, the integration of Dynamics 365 and Office 365 is intended to increase productivity, especially when working in teams, through the use of structured workflows. In order to facilitate the processes of managing and analysing data, both solutions draw on the same data model. For example, the applications are linked using “PowerApps” or the “Flow” tool already available with Office 365 today.
The perfect app for your business requirements
Via the new AppSource platform already rolled out by Microsoft, the various applications published so far can be viewed. On the one hand, entire industry solutions can be procured, and on the other hand partial solutions which enrich a default solution for specific purposes and corporate requirements. Look for more Details in the following video:
Up to now, we are not able to provide any comprehensive information on experience of the quality and compatibility of the individual offers. However, we will continue to keep you up to date here. Please feel free to provide your own experience as a comment.
A few days ago, Microsoft announced the upcoming release of its new business management offering called “Project Madeira”. The cloud-based solution will be released on the US market first, in the fall of 2016, and can be tested as a free preview up until then.
“Project Madeira” is an ERP service for small and mid-sized businesses (SMBs) with up to 100 employees that interacts with Microsoft’s cloud platform Azure and Office 365. The product serves to execute business processes and is characterized by its high usability and simplicity, which are already appreciable during the systems very easy setup.
“Project Madeira” is based on Microsoft’s established ERP system Dynamics NAV, but limits itself to the most important base functionalities, what makes it especially comfortable to use. That means the solution focusses primarily on companies that have already outgrown their basic finance and accounting tools but are not ready to invest in an expensive, customized ERP system yet.
Due to the simplified and reduced scope of functions, users of “Project Madeira” will have to pass on many of the more complex features. So you can easily create, post, print and dispatch offers, orders and invoices but, for example, can only offer items (not ledger accounts, resources, surcharges or discounts etc.). Despite its simple structure, the solution – like Dynamics NAV – can represent many processes in finance and accounting, sales and even purchasing. “Project Madeira” also permits extensions, of which three are already available and installable in the preview version (PayPal, QuickBooks Import and US Bankimport Envestnet Yoodlee). In future, third-party developers (“independent software vendors”) will be able to develop new extensions and sell them to customers.
While the solution is functionally limited in many areas, it also offers other new functions that the current version of Dynamics NAV does not. “Project Madeira” features, for example, completely revised online help, integrated tooltips on table fields and actions, as well as a role center for the CRM module within Dynamics NAV and new “ready-to-use” permission sets. Another highlight is the ability to display items from an item list as large pictures.
The most impressive new feature, however, is the strong integration into Outlook or the Outlook Web App (OWA) combined with Office 365, which shows context-sensitive data about the sender from the ERP system. This way, users can create orders directly and send a corresponding e-mail with a PDF attachment without ever leaving Outlook/OWA.
With “Project Madeira”, Microsoft reveals the efforts they are currently making towards the logical continuation of NAV. The preview version of “Project Madeira” will remain available for testing until fall of 2016, afterwards the solution will be officially released on the US market first and then in other countries.
Keep checking here as we continue to post more about functions that will also affect the new Dynamics NAV release.