Microsoft NAV and Business IntelligenceKeywords:Microsoft Dynamics NAV, Dynamics NAV Consulting,business intelligence services  Any business, irrespective of the scale, captures businessdata on a daily basis. Capturing and storing the data in an easily retrievable formatis crucial for making business decisions. Many legacy applications that havesurpassed the time barrier do not have an inherent information capturing systemin place. Owing to this, organizations face a simmering crisis.

Complete ERP (EnterpriseResource Planning) solutions like Microsoft Dynamics NAV can help you find asolution to this crisis.Are you Prepared?1.    Do you have an application that captures, analyzesand stores business intelligence (BI) in an inherent way? 2.    If not, how to deploy an application that isa whole solution throughout your organization?If you feel you require a customized business intelligencesolution that can be deployed and used by every department in yourorganization, it is time for a productive change.Business Intelligence ServicesBI services enable you to capture, organize and retrieve datain a seamless manner. This process should be introduced and embedded in a user-friendlyway so that the employees use it on a daily basis. It is best to deploy an ERP application that has businessintelligence capturing as part of its features. Microsoft NAV is such anapplication.

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Analyze actual amounts and budget amountsYou can view budgets for various accounts or a specific budgetthrough filtering. Comparison with general ledger budget and analysis of anaccount’s budget for various time periods is possible with this feature.Create and setup account schedulesThis feature can be used to create customized accountschedules that help you in processing data that is specific to a particular setof accounts or just one account.

Many account schedules can be created andfurther comparison and analysis amongst the schedules are also possible.You can also Set Up and Publish KPI Web Services Based onAccount Schedules.Analyze data by dimensionsAny data will have many dimensions associated with it. The dimensionsact as a kind of marker that enables further analysis and understanding of aset of data.

You can analyze data in two-dimensions or more than that, andpublish your analysis for later retrieval. Create Analysis Views and ReportsVarious customized reports can be created based on theposted transactions. These reports can further be made available to specificusers. You can customize how a user will view the report. Create Reports with XBRLXBRL (eXtensible Business Reporting Language) is an XMl-based language for easy processing andsharing data. Financial data is made flexible using this language. Microsoft Dynamics NAV helps organizations implement datain XBRL format with much less hassle.  Be it a simple report or a complex 5-year analysis, the business data in an easily retrievable formatwill play a major role in strategic, tactical and operational decision making.

Microsoft Dynamics NAV with BI features can help you with this. You can haveaccess to real-time, business-critical data. Dynamics NAV consists of featuresthat make reporting and further analysis a piece of cake. This feature, in particular, makes data retrieval a hassle-free process. Dynamics NAV ConsultingThere are various companies that provide a dynamics NAVsolutions out there.

Whereas very few specialize in productively customizingand using the BI features of NAV. Now, why is customizing the BI features important? Because itincreases usability. Every department has a different method of reporting and analysis.Therefore, an ERP solution with inherent BI features should aid them insimplifying business intelligence processes. This is achievable when a rightpartner is hired to customize and deploy the Dynamics NAV solution. Paragyte offers unique Business Intelligence services inMicrosoft Dynamics NAV.

The existing Dynamics NAV experts help you find asolution that best fits your organization. Specialization in implementing anddeploying EPR solutions in an organizational level,added to the big data experts who understand data and the need for properanalysis and retrieval, makes Paragyte a worthy partner when it comes to BI.