WHAT’S NEXT AFTER CEASED OF MICROSOFT DYNAMIC NAV LICENSING PROGRAM IN APRIL 2019 IN MALAYSIA?

In line with the launch of Microsoft Dynamic 365 Business Central, the Dynamic Price List (DPL) for Microsoft Dynamic NAV will no longer be available in the market starting April 2019 in Malaysia. A Subscription Licensing scheme will then be launched and applicable to Microsoft Dynamic 365 Business Central (or known as Microsoft Dynamic NAV 2019). 

The Subscription License (SL) is assigned on a “named user” basis and will be purchased by a client company to each of its internal users. “Named user” requires a separate User SL for each user, meaning User SL is not shareable but an individual with a User SL may access the service through multiple devices. 

Dynamics Business Central functionality is delivered through the Dynamics 365 Business Central Essentials or Premium User. The following described the functionalities available for the two types of Microsoft Dynamic 365 Business Central License:

Dynamics 365 Business Central Essentials

  • Financial Management
  • Customer Relationship Management
  • Project Management
  • Supply Chain Management
  • Human Resources Management
  • Warehouse Management

Dynamics 365 Business Central Premium

  • Everything in Essentials
  • Service Management
  • Manufacturing

A client company must license at least one Full User, i.e. Essentials user or Premium user. Additional access to the service functionality is licensed with Team Members.  

Full users are the users whose work requires use of the feature rich business applications functionality. These users have also been referred to in the past as Pro users or Power Users. These full users are licensed with a Dynamics 365 Business Central Subscription. 

Additional users are users in a client company who may consume data or reports from line of business systems, complete light tasks or be heavier users of the system, and require basic Dynamic 365 Business Central functionality. These additional users are licensed with Dynamics 365 Business Central Team Members.

ADVANTAGES OF ADOPTING MICROSOFT DYNAMIC 365 BUSINESS CENTRAL FROM THE PERSPECTIVE OF VARIOUS ROLES

Financial & Accounting Perspective

Allows end-to-end view of your business by connecting data across Finance and Accounting, Supply Chain, Sales & Service, Project Management, Production and Warehouse.

Intelligent analysis capabilities featuring multiple dimensions setting enables accurate financial forecast to be produced.

Accelerate financial reporting by streamlining accounting process and activating auto-reconciliation capabilities.  

Supply Chain Perspective

Free your mind from manually stock-tracking by leveraging the automated inventory calculating intelligence to analyze stock levels, lead times, re-order points that suggests accurate purchasing and replenishment action.

Receive recommendation of best deal and notifications by enabling vendor management and analyze capabilities.   

Sales & Service Perspective

Prioritize sales leads based on revenue potential by adopting customer analysis intelligence that keeps smart and structured database and customer interactions. 

Accelerate Quote-to-Cash process by integrating with Microsoft Outlook that enhances sales and service quality.

Gain in-depth overview and understanding of the service desk workflow and staff skills that helps on effective task assignment and improve case resolution capability.     

Project Management Perspective

Smart project tracking capabilities that covers overall project process and advanced job costing allows precise planning and analysis that ensures project profitability.

Review project process and performance by using its enhanced reporting capabilities.      

Production and Warehouse Perspective

Optimize operations with effective forecast management capabilities that enables automated production plans and purchase order generation.

You maybe interested in The difference between Microsoft Dynamic NAV 2019 version with Microsoft Dynamic 2018 Version

WHY USER SHOULD CONVERT MICROSOFT DYNAMIC NAV TO MICROSOFT DYNAMIC 365 BUSINESS CENTRAL?

While Microsoft Dynamic NAV 2018 version is ceasing at the end of 2018 and to be replaced by the upgraded version, known as Microsoft Dynamic 365 Business Central in 2019, Microsoft Dynamic NAV users would want to consider upgrading their current solution to the new version by comparing the two modules. 

Built on the foundation of serving 160,000 customers and millions of user worldwide by Microsoft Dynamic NAV (formally known as Navision), Microsoft Dynamic 365 Business Central (also known as Microsoft Dynamic NAV 2019 version) maintains all the standard functionality that are seen in the Microsoft NAV 2018 version, contributes no issues for the existing Microsoft Dynamic NAV user to adopt the latest version. 

As Microsoft Dynamic 365 Business Central applies the same code base as Microsoft Dynamic NAV 2018 version to ensure consistency between the two versions hence that will ease the transition process from the existing version to the latest version, resulting hassle-free and time saving. 

Microsoft Dynamic 365 Business Central featuring cloud model enables the solution to be deployed on a public cloud, Microsoft Azure, instead of a private data centre and on-premise deployment as Microsoft Dynamic NAV is deploying, this allows users access to the system through mobile devices anytime at anywhere. 

The perpetual licensing as applies to the Microsoft Dynamic NAV 2018 version will be ceased by the end of 2018, users can adopt Microsoft Dynamic 365 Business Central by subscription license running in the SaaS model whereby application, hosting and maintenance will be bundled in the package that reduces the capital cost of the company. 

LAUNCH OF MICROSOFT DYNAMIC 365 BUSINESS CENTRAL IN MALAYSIA

Microsoft Dynamic 365 Business Central will be launching in Malaysia in early 2019. This is an upgraded version of Microsoft Dynamic NAV 2018, thereby it is also named as Microsoft Dynamic NAV 2019.

Microsoft Dynamic 365 Business Central with its all-in-one ERP business management solution allows end-to-end view of your business that is especially suit to the Small and Medium Business (SMB) organization that are outgrowing their basic financial solutions and legacy ERP system to an integration-enabled and data driven solution.

Microsoft Dynamic 365 Business Central integrates finances, operations, sales and customer service, helps in streamlining the organization business process, improve customer services and make better decisions.

3 KEY ELEMENTS OF BUSINESS DYNAMIC 365 BUSINESS CENTRAL

Microsoft Dynamic 365 Business Central as a single, end-to-end solution improve organization business process through:

Connect business and boost efficiency

Microsoft Dynamic 365 Business Central unify all the business operation units in the organization, boost efficiency with automated tasks and workflows, allows all integrated within Office tools like Outlook, Word and Excel, enables users quick to adapt and convenient to use.

Make Smarter Decisions

Microsoft Dynamic 365 Business Central provides in-depth view of data across all the business operations units, optimized business analysis, provides guidance delivered to obtain grater outcome.

Start and grow easily

Get up and running quickly, Microsoft Dynamic 365 Business Central allow your organization grow at your own pace and adapt in real-time with flexible platform that makes it easy to extend Business Central based on Changing business requirements.

DIGITAL TRANSFORMATION

4 ADDITIONAL BENEFITS OF ADOPTING INDUSTRY 4.0 TECHNOLOGIES (IIoT)

manufacturers moving their business operation model towards industry 4.0 or Industrial Internet of Things (IIoT) in aggregating data not only from machine but from existing third-party system as well, such as ERP. Aside from the immediate production benefits, there are a few additional advantages that manufacturers are addressing:

1. Unified data set

Industry 4.0 unlocks data barriers by enabling access to the single source of data that aligns understandings and directions among employees, resulting in effective and efficient decision making.

2. Transparency and Traceability

Industry 4.0 improves production transparency and traceability that enables fast responsiveness from the manufacturer towards any issues arisen in the manufacturing process, thus eliminate production delays.

3. Machine Learning

The need of machine learning is rapidly increasing as Industry 4.0 foster data-driven culture. Majority systems are now equipped with Machine Learning capacity that provides real-time analytics from the plant floor that allows manufacturer to predict customers buying behavior. Manufacturers based on the analysis to optimized their inventory management in order to support the production needs.

4. Tech-savvy workforce

Entering to the computing era, employees’ momentum of action is comparative fast as peoples are accustomed to use technology even in their personal lives. Hence high-tech environment plays a crucial role in retaining and motivating talents.

As more manufacturers adopt Industry 4.0 technologies, companies will realize these additional benefits that may not have an easily calculable dollar-value, but are equally critical to their strategic goals.

Source: Forbes (Willem Sundblad, 2018)

WHO IS YOUR SOFTWARE CREATOR?

It is the industry leader who embraces “tech intensity” to innovate and grow in today’s high-intensity digital economy as digital innovations from company are often built throughout aggressive deployment of digital technology, integration and optimization that creates a brand new competitive value to the company.

In a world of ubiquitous computing, industry leaders must aggressively and relentlessly pursue digital innovation across everything they do.

– Satya Nadella, the CEO of Microsoft

Tech intensity was described by Nadella as a fusion of cultural mindset and business processes that creates end-to-end digital feedback loops, tear down data silos and unleash information flows to trigger insights and predictions, automated workflows and intelligent services, it rewards the development of digital capabilities.

Here’s a few overviews of digital innovation from company with fabric supporting offered by Microsoft that perfectly explain tech intensity, as briefed by Nadella:

ZF: mixed reality via Dynamics 365 to push digital insights to first-line workers. German car-parts maker ZF is an early adopter of mixed-reality tools to help its workers gain critical new insights to boost productivity and safety among a category of workers.

Eli Lilly: Microsoft 365 Enterprise to accelerate global collaboration and innovation. A global pharmaceutical company, Eli Lily created a new set of collaborative tools to support its global network of physicians, medical researchers and healthcare organizations as part of its market development implementations.

H&M: AI and Dynamics 365 to help re-imagine the shopping experience. The world’s second-largest fashion retailer adopted a range of intelligent technologies including an AI-based “Magic Mirror” that can identify people who gaze into the mirror and then offer those consumers style advice and discounts, this technology is deploying within H&M’s flagship store in New York City.

BMW: AI, Azure, Cortana, Office 365 to help create personalized and digital brand experiences. BMW’s Intelligent Personal Assistant (IPA) is built on top of Microsoft’s Azure cloud and conversational technologies, and the company expects to add more assistants with specific functionality for drivers. This assistant feature is expected to launch in March 2019 in 23 languages.

Source: Forbes (Bob Evans, 2018)