How PVBS has added value to Dynamics NAV 5

The introduction of Dynamics-NAV 5 also gave us an opportunity to build some new and exciting features that are valuable to government contractors. For example, our new release of Time Entry features line item approval, improved screen management for semi monthly and bi-weekly time entry, enhanced synchronization features, and enhanced printing with multiple export options. We improved Expense Entry, with features including line item approval, ability to upload expense receipts, simplified expense entry screen, and new functions including enhanced search, copy and default templates, and redesigned requisition entry screen. For the PVBS announcement, click Dynamics NAV 5 Announcement.

The Good, The Bad and The Ugly – Tax issues for Government Contractors

If you are wondering why it seems that there have been income tax changes every year for the last several years, the reason is because there have been income tax changes every year for the last several years.  Compound these changes with sales tax issues and court cases and you could end up spending your entire day reading to find the issues that relate to you and your company.  Meanwhile, business must go on.  In this article, our partners at Goodman have attempted to do some of the sifting for you and have identified three issues that will undoubtedly have an impact on your business. (more)

Enhanced Integration with Microsoft Office

Many of our customers were excited to see how Microsoft delivered real integration between Dynamics NAV and Microsoft Office products in the latest version. The Export to Excel and Export to Word functions have been very well received. For example, everyone knows that Excel is a great tool for summarizing data and doing personal and customized analysis. If a program manager wants to answer questions about program status or performance to budget, he or she can export the project ledger entries to Excel and analyze them.  It’s also great to export items into Microsoft Word as well.  For example, users can export customer, vendor, or project records into Word and then send a business letter with the information formatted.  For 8 benefits of the new integration, click Integration Features.

Incentive contracts can provide the proper balance of risk between government and contractor

Incentive contracts can provide the proper balance of risk between government and contractor, while also providing significant advantages for both government and industry. This interesting article was in the September issue of Contracting Management magazine.

Dynamics-NAV Rises to the Top of the Dynamics Product Line

We are really excited to see Dynamics NAV emerging as a leading accounting and financial management product in the Microsoft Dynamics product line. We’ve attended numerous partner conferences over the past few months and have sat in on executive briefings on the future of Microsoft on this space over the past few years. Recently we’ve begun to see some signs that NAV is rising to the top of the product line and will receive significant investment and development efforts.

Since we’ve been working with Navision for well over a decade, we’ve always known that Dynamics-NAV was the most flexible and extensible of the Dynamics product line. It’s uniquely versatile and is one of the best solutions on the market for companies looking for project accounting solutions that are specific to their needs. Many companies, like PVBS, have taken Dynamics-NAV and created solutions for vertical industries, such as retail, transportation, and services. Our solution, as you know, is ideal for companies that provide services and products to the Federal Government.

We’re seeing a lot of attention being given to NAV up in Fargo, where the Dynamics team is headquartered. This will bode extremely well for our customers. Look for exciting new features and integration opportunities as Microsoft focuses on making Dynamics-NAV the top product line in the Dynamics line.