Microsoft Dynamics 365 Business Central, a comprehensive business management solution, was previously known as “Microsoft Dynamics NAV“. This earlier version, often referred to as NAVISION (a blend of its original names, Navision Software and Navision Financials), was widely recognized for its adaptability and rich functionalities. Microsoft rebranded it as Dynamics 365 Business Central to align with its broader range of integrated business solutions.
What is the old name of Business Central?
Understanding the Transition from NAV to Business Central
Microsoft Dynamics NAV, first released in 1987, evolved significantly over the years. It gained popularity among small to medium-sized enterprises for its ability to streamline business processes, integrate various departments, and improve overall efficiency. As technology advanced, particularly with the shift towards cloud computing, Microsoft saw an opportunity to revamp its product to meet modern business demands. This led to the introduction of Dynamics 365 Business Central in 2018.
Key Features of Dynamics 365 Business Central
Business Central offers a suite of features that help businesses manage finance, sales, service, and operations. It’s built on a cloud-based platform, providing increased accessibility and real-time data insights. Some of its key features include:
- Financial Management: Streamlines accounting processes and provides comprehensive financial reporting.
- Supply Chain Management: Enhances inventory management and optimizes supply chain operations.
- Project Management: Offers tools for project planning and resource management.
- Customer Relationship Management: Improves customer interactions and sales processes.
The Future of Business Central
As Microsoft continues to innovate, Business Central is expected to receive ongoing updates and integrations, further enhancing its capabilities. The transition from Dynamics NAV to Dynamics 365 Business Central represents a significant step in Microsoft’s journey to offer comprehensive, cloud-based business solutions tailored to modern organizational needs.