Forward-thinking companies find Microsoft Dynamics 365 Business Central as the ideal cloud ERP solution.
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The future of Dynamics GP and Dynamics NAV
Do you realize your existing Dynamics GP or NAV system is holding up your progress? Dynamics GP and Dynamics NAV, despite their long service to your organization, must now pass on the baton to the cloud. The continued support for both Dynamics GP and Dynamics NAV is slowly coming to an end.
While support for Dynamics GP and NAV will continue for the next few years, users can expect limited support for current versions as resources and development shift to the new Dynamics 365 Business Central releases. An option for “extended support” is available if an immediate move to the latest version is not feasible, but the return on investment is lower than upgrading to an updated system.
“On July 13, 2021, Microsoft Dynamics GP 2016 and 2016 R2 will no longer have Mainstream Support.” While Extended Support is available until July 14, 2026.
The mainstream support for Dynamics NAV 2016 ended on April 13, 2021, while the extended support will conclude on April 14, 2026.
Since these announcements, Dynamics users have had numerous questions regarding the future of Dynamics GP and NAV.
Prior versions of Dynamics NAV, such as 2013, require upgrading before installing the year-end update.
Why you need an upgrade to Dynamics 365?
Every business has different needs that determine which system/solution would work best for them. Microsoft will support Dynamics GP and NAV until you choose to transition to the newer cloud-based ERP, Dynamics 365 Business Central. This ensures a pressure-free decision-making process.
Transitioning to Microsoft Dynamics 365 Business Central, an advanced cloud ERP solution, is a crucial upgrade for GP and NAV customers. It allows them to leverage the benefits of cloud storage and computing for growth.
Delaying the upgrade from Dynamics GP and NAV can lead to more problems for your business. The longer you wait, the harder it becomes to transition to Business Central in the future.
Although Microsoft ensures extended support until 2026, waiting until then to move to a cloud-based ERP might be too late. Business Central offers new features for improved processes, the ability to add ISV products for enhanced efficiencies, reduced costs through automatic upgrades, and more.
If you’re looking to extend your alternatives or migrate to the cloud, consider Dynamics 365 Business Central. Dynamics NAV served as the foundation for the enhanced Microsoft Dynamics 365 Business Central. It provides a comprehensive mid-market ERP solution with an end-to-end view of operations and enhanced developer customization options.
4 Key Considerations for Dynamics 365 Business Central Upgrade
- Seamlessly enter the cloud by migrating to Dynamics 365 Business Central
Users migrating from GP and NAV to Dynamics 365 Business Central in the cloud can enjoy the benefits of a true cloud solution. This includes easy 24/7 access from any device, seamless upgrades, simple integration building using web APIs, and reduced hardware expenditures. Dynamics GP, NAV, and SL users can migrate effortlessly to Business Central and embark on their cloud journey hassle-free.
- Ensure top security and governance with Dynamics Azure
To prioritize data protection in Dynamics 365, Microsoft employs over 3,500 security specialists and makes an annual investment of more than $1 billion in Dynamics Azure. Collaboration with industry regulators promotes confidence in the cloud ecosystem, guided by security, privacy, control, and compliance principles.
By migrating to Dynamics 365, you can –
- Protect your data’s confidentiality, integrity, and availability.
- Take control of data access and usage.
- Organize and manage your data per applicable regulations and industry best practices.
Gain access to information on data handling and utilization.
- View the whole picture of your business’ operations and enhance productivity with Dynamics 365
Business Central’s fundamental financials provide more customizable and report-friendly dimensional account structures than Dynamics GP and NAV. Business Central includes essential features such as automated and scheduled reconciliations, cash flow projections, and seamless warehousing and inventory management connections. It incorporates barcoding, handheld scanners, and shipping to optimize operations. Notable features encompass Fixed Assets, eBanking, Inventory Tracking, Multi-Currency, Multiple Entities, Purchase Orders, Warehouse Management, Manufacturing and Services, and built-in budgeting.
Dynamics 365 Business Central seamlessly integrates with Power BI, offering powerful visual dashboards. It incorporates built-in CRM capabilities and seamlessly extends with additional apps from AppSource. This supports sales, customer service, and field service.
- Gain more significant cost savings with Dynamics 365 pricing
Compared to GP and NAV, the regular upgrades for Dynamics 365 are more cost-effective. You can keep your system up to date while smoothly transitioning to the cloud. It makes the transition easy by reducing downtime and associated costs. Unlike GP or NAV, Business Central offers licenses on a per-user/month basis. This reduces initial investment and enables easy user addition as your business grows. Hosting and deployment costs are more cost-effective in Azure than hosting through GP or NAV, as Business Central is secure in the cloud.
The future of ERP is in Microsoft Dynamics 365’s favor
Finding the ideal ERP solution for your company can be the most challenging component of deploying a new ERP. When considering aspects such as maintenance, integrations, functionality, lifespan, innovation, and pricing, Dynamics 365 emerges as the leading ERP system.
Dynamics 365 seamlessly integrates with Microsoft products, including Office 365 (which you may already use). It is accessible from nearly any device and leverages cutting-edge technologies like artificial intelligence (AI) and the Internet of Things (IoT) capabilities. This ensures your business’ success.
If you wish to analyze your business requirements or evaluate your existing GP or NAV system for a potential migration to Business Central, reach out to us! We can assist you in identifying the right plan, strategy, and implementation for your Dynamics 365 needs.