Top Reasons to Upgrade from Dynamics NAV to Business Central

Modern organizations need to leverage modern business management tools to stay ahead of the curve. This is why it’s high time for companies to upgrade from the traditional Dynamics NAV to Dynamics 365 Business Central.

Currently, more than 40,000 small and midsize businesses are using Microsoft Dynamics 365 Business Central. It is a cloud-based enterprise resource planning (ERP) solution for effective and enhanced business operations management.

In this blog, we will dig deeper to understand why you must invest in Dynamics NAV upgrade to Business Central. Let us start from the beginning with an overview of these ERP solutions.

What is Dynamics NAV?

Formally known as Navision, Dynamics NAV is an easily adaptable enterprise resource planning tool. It is used across industries for managing business operations, automating processes, and ensuring seamless collaboration between all business departments.

This Microsoft-based ERP software covers all your major business areas including finance, sales, warehouse, and more. Dynamics NAV is designed to be customized so that business leaders like you can personalize the tool to meet your unique requirements.

However, Dynamics NAV is an on-premises software requiring physical installation on the user’s system. It means it’s not only more expensive but lacks the flexibility business software must have to cope with today’s market style.

What is Microsoft Dynamics 365 Business Central?

Dynamics 365 Business Central is also an all-in-one ERP solution with new and advanced capabilities. This software can assist you in streamlining all your business’s processes in one go. Currently, companies of all sizes are using this tool for management purposes.

The key highlight of Business Central that differentiates it from Dynamics NAV is that it is a cloud-based ERP. Dynamics 365 can be used as both on-premises and hybrid solutions by users based on their business’s demands. This flexibility makes it a better tool than other ERPs.

Although Dynamics 365 and Dynamics NAV perform similar functions, Business Central is more evolved. It can ensure smoother functions and enhanced automation and prove to be an asset in defining a business’s success in the long run. Here are the prime features of Microsoft Dynamics 365 Business Central that can modernize business processes:

1. Real-time Financial Management
2. Supply Chain Management
3. Customer Relationship Management
4. Reporting and Analytics
5. Project Management

Why Upgrade from Dynamics NAV to Business Central?

Here are a few compelling reasons why Dynamics NAV upgrade to Dynamics 365 Business Central is ideal for your business.

1. Cloud-based Architecture

Dynamics NAV, as mentioned earlier, requires on-premises infrastructure to operate. On the other hand, Business Central is a cloud-based system with newfound flexibility and scalability. It can be accessed by anyone from anywhere, without physical installation.

Moreover, cloud-based systems such as Dynamics 365 Business Central ensure quicker deployment as compared to on-premises software. Therefore, for its unparalleled scalability and flexibility, Business Central is the right choice for modern businesses.

2. Real-time Tracking

Since Dynamics 365 Business Central is cloud-based software, it lets you keep track of processes in real time. This further helps ensure that any delays or unwanted problems are observed and addressed quickly. It is a luxury that Dynamics NAV cannot provide to its users.

By keeping an eye on your company’s financial processes, inventory movements, etc., in real-time, you can make better long-term decisions. Business Central is designed to ease business management for companies and real-time tracking is invaluable for that.

3. Hassle-free Customizations

As compared to Dynamics NAV, Microsoft Dynamics 365 Business Central has enhanced customization capabilities. It is a great reason to upgrade from NAV to Dynamics 365 as customized solutions are the best way to meet demand and grow your business.

The next-gen solution, Business Central, has been specifically created with great customizable features. This means it is flexible enough for you to shape Dynamics 365 Business Central software in whatever way best suits your business.

4. Cost-effective Solution

Upgrading to a new software solution from an old-fashioned one often comes across as an expensive affair. However, this is not the case with Dynamics NAV to Business Central upgrade. In this scenario, you could save a good amount of money in the long run.

Dynamics NAV, being on-premises software, requires spending on its maintenance and physical installations. At the same time, Dynamics 365 Business Central is cloud-based, so it does not need such expenditures. You only must pay the licensing fee to use the software.

5. Latest Technologies

Microsoft Dynamics 365 Business Central is powered by the latest technologies that make it a smarter management tool. For example, it is fueled by influential innovations, like generative AI, that promote faster and automated business processes.

Such technologies enable the software to cope with the changing demands and be on top of the industry. Moreover, these technologies ultimately help optimize business processes leading to improved business results.

Tips to Choose the Best Business Central Upgrade Service Partner in Australia

Are you looking for Dynamics 365 experts in Australia for the Dynamics NAV to Business Central upgrade? The following tips can help you make the right decision.

1. Consider Experience

Prepare a list of the best Microsoft-certified partner businesses in Australia and shortlist them based on their experience. Make sure you choose experts with rich experience in both Dynamics NAV and Business Central.

2. Evaluate Services

Before onboarding Dynamics experts, ask about the services they offer. You should look to hire resources who can provide customized upgrades and Business Central migration services that cater to your business’ unique requirements.

3. Post-upgrade Support

Hire a Microsoft Dynamics partner who will not only provide comprehensive support during but also after the upgrade process. Make sure you ask the service provider about their end-to-end support service and hire accordingly.

Wrapping Up

Every business, regardless of the industry it serves, needs to align its services with modern software solutions available. It will not only help them beat their competitors but leverage the latest tools to ease processes and bring better results.

Dynamics NAV to Business Central upgrade is crucial for all organizations to improve their operational practices. Contact our Microsoft-certified experts at DynamicsSmartz for a seamless upgrade experience.