Open Door Technology Inc.

Correlation of Cash Flow to the Season: Optimize your Cash Flow with Microsoft Dynamics NAV Anytime of Year

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Cash flow is often seasonal, coinciding with the preparation of annual reports and tax returns. There are of course times where you have ample cash flow and then other times where there is little to none. It is important to gain control of your cash flow, having insight into where it is today and where it will stand in a few months. As with any other forecasting within your business, it is vital to the sustainability of your company. With Microsoft Dynamics® NAV, you have comprehensive, up-to-date financial information, making it easier to spot trends and gain insight into your business activities, so you can capitalize on your knowledge and identify new opportunities.

You can also optimize cash flow by streamlining accounts receivable processes and tracking customer payments in Microsoft Dynamics NAV. With Receivables in Microsoft Dynamics NAV, you can simplify and streamline credit and collection activities. Tightly manage customer accounts with credit limits and account types, and define collections criteria and payment terms on a customer-by customer basis.

Role Centers help you work more efficiently by presenting information relevant to your job, such as key performance indicators (KPIs) on outstanding collections, alerts about payments, and common tasks. With RoleTailored access to critical business data, you can achieve the real-time visibility you need to make fast, informed decisions. Initiate and track prepayments, and match receipts to invoices automatically to eliminate errors and improve processing consistency.

Open Door Technology has been integrating people, processes and technology since 1992. Focused exclusively on delivering Microsoft Dynamics NAV products and services, Open Door has become one of the top resellers and development partners in North America.

By Malcolm Roach of Open Door Technology, Calgary Microsoft Dynamics NAV, formerly Navision, Partner

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