Microsoft Dynamics NAV 2015 New Cash Management Features

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The continual development and commitment to this popular Enterprise Solution by Microsoft has resulted in the latest release of Microsoft Dynamics NAV called Microsoft Dynamics NAV 2015.  Microsoft Dynamics NAV 2015 is here with many new enhancements designed to help your small to medium sized business streamline day-to-day operations and get more from your ERP system.  Quick to implement, easy to use and powerful functionality , Microsoft Dynamics NAV 2015 is designed to help your company reach its goals.

Cash Management:  Microsoft Dynamics NAV 2015 delivers several cash management enhancements.

Bank Integration-simple and uniform across borders:

With the new Bank Data Conversion Service feature, users get electronic bank statement files converted into data that can be imported into Microsoft Dynamics NAV.  Conversely, users can also use the conversion service to export payment information to electronic payment files in the format that their bank requires.  Microsoft Dynamics NAV 2015 supports electronic bank files of major banks in over 25 countries.

Incoming and outgoing bank payments - fast and reliable automatic registrations:

The Payment Reconciliation Journal enables users to import bank transaction data into a dedicated UI and automatically apply to open entries representing customers and vendor documents.  The features include advanced record matching, strong review tools and the possibility to freely define the payment match tolerance and to modify the generic matching algorithm.

Create and manage electronic payment - more information and better control:

Improvements in the Payment Journal and the Credit Transfer Register enables users to better manage the payment creation and export process and to track the payment history.  Users that do not want to post payments until they have actually been processed at the bank can more efficiently control which open vendor documents to pay and  avoid paying vendors wrongly or duplicating payments.   This also makes partial-payment scenarios easy to manage.

Learn more about all the features in Microsoft Dynamics NAV 2015 

Posted by iCepts Technology Group Inc, -A Gold ERP Microsoft Dynamics NAV Partner in Pennsylvania 

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