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Overview


Navision Financials is a flexible integrated enterprise business solution for mid-size companies. It provides:
  • an affordable solution, with features previously found only in software for "big companies".

  • a customisable application that can easily be tailored to fit individual business.

  • a familiar "Microsoft-compliant" user interface, minimizing training time.

  • exceptional access to data, including query and "drill down" capabilities.

  • a high performance relational database designed for processing business transactional data.

  • total accounting data integrity and consistency.

  • support of Internet commerce and website integration.

  • Navision Financials can be used by virtually any organization. It is the ideal choice for companies that have outgrown traditional packages and find themselves out of reach of high end, high priced systems used by the Fortune 1000. Navision Financials provides the features, the flexibility, the tools, and the power companies need without having to invest in expensive overheads in software and personnel.


    Scalable Granules...Not Modules

    To be more responsive to your needs, Navision Financials is comprised of Granules - or accounting functions, rather than more traditional modules. You can select those accounting and business functions that are applicable to your needs. This allows you to start out with a smaller investment and then add functions as required


    A Breadth of Functionality

    The base functionality in Navision Financials caters to your core business needs. In addition, a wide scope of task-and industry-specific add-on functionality is available to you. Other requirements are handled using the customisation tools that allow you to shape a solution giving your company a strategic advantage. Feature-based pricing ensures that you only pay for what you need, as you need it.


    Access to Data

    Navision Financials turns data into information. The drill-down functionality gives you the ability to query the system for on-line information within and across all applications and view it instantly on the screen. Navision Financials solutions can integrate seamlessly with your other applications, and they work on a variety of platforms.


    Foreign Trade

    with multiple languages, multiple currencies and consolidation features, your company will experience a world without borders. Any customisations can be integrated in all of the countries where you conduct business giving you a truly global solution.


    Microsoft Compliance

    Your investment in training will be surprisingly low because we comply with the most widely-accepted standard for user interfaces from Microsoft. Navision Financials carries the Designed for Microsoft Windows NT/95 and NT/98, the Microsoft Office 97 Compatible and the Designed for Microsoft BackOffice logos, ensuring your company gets the latest technology benefits and allowing you to get started quickly. The main application areas of Navision Financials are:
  • GENERAL LEDGER
  • CASH MANAGER
  • SALES & RECEIVABLES
  • PURCHASE & PAYABLES
  • INVENTORY
  • RESOURCES
  • JOBS
  • HUMAN RESOURCES
  • CONTACT MANAGEMENT
  • FIXED ASSETS
  • GENERAL LEDGER
  • CASH MANAGER
  • SALES & RECEIVABLES



  • GENERAL LEDGER

    General Ledger is the central application area of Navision® Financials where all financial information is posted, summarized, processed and reported.

    Highlights
  • Generate complete audit trails.
  • Make reports using historical data, even if you've converted the base currency to euro.
  • Show amounts in an alternative currency on financial reports such as VAT, annual report and income statements.
  • Define an unlimited number of formats to create customized financial reports.
  • Assign budgets for each account, organizational unit or project based on periods that you define – either daily, weekly, monthly or yearly.


  • CASH MANAGER

    Cash Manager provides an efficient means of tracking monetary accounts at financial institutions.

    Highlights
  • Gain instant access to your company's current cash balance.
  • Use a consolidated approach for all cash transactions.
  • Maintain balances in both local and foreign currencies.
  • Reconcile all bank accounts based on the account statements issued by your bank.


  • SALES & RECEIVABLES

    Sales & Receivables has the functionality to facilitate complete customer and sales management in an international environment.

    Highlights
  • Choose between euro or the customer's former national currency when creating and posting sales documents and issuing invoices.
  • Manage customers with flexible payment terms, customer aging, sales statistics and detailed customer reporting.
  • Print statements and reminders for payments due.
  • Gain flexibility in invoicing and billing functions with sell-to and ship-to relationships.
  • Manage sales orders efficiently using inventory reservations, back orders, blanket orders and drop shipments.


  • PURCHASE & PAYABLES

    The Purchases & Payables application area enables complete purchase and payables management in an international environment.

    Highlights
  • Choose between euro or the vendor's former national currency when creating and posting purchase documents and paying invoices.
  • Manage payments to vendors effectively through vendor aging and automatic suggestion of payments.
  • Record vendor invoices with flexible functionality including recurring invoices and expense allocation and distribution.
  • Make the requisition management process more efficient with automatic reordering of items for inventory and outstanding sales orders.
  • Automate the generation of purchase orders including drop shipments and allocation to specific sales orders.



  • INVENTORY

    The Inventory application area can be fully integrated with other application areas – providing comprehensive options for controlling inventory and minimizing stock.

    Highlights
  • Minimize inventory levels with an integrated inventory solution.
  • Take advantage of fast and convenient data access.
  • Support sales and purchasing.
  • Reserve inventory items from anywhere in Navision Financials.
  • Manage changes to inventory.
  • Obtain valuable management information.
  • The Inventory application area it supports day to day sales and purchasing operations with convenient data-viewing options such as matrix tables. On a more strategic level, a wealth of management information can be obtained to help you to run your business more effectively.


    RESOURCES

    The Resources application area optimises management of people and equipment.
    Highlights
  • Track the cost and usage of resources.
  • Predict availability of resources and plan capacity.
  • Integrate job costing with time allocation and billing.
  • Assign alternative prices and costs to different types of jobs.
  • Resources are one of the most valuable commodities in a business.
  • The Resource application area allows you not only to cope with the management of resources, but also to optimize the use of people and equipment. It allows you to accurately monitor the cost and usage of resources. And by setting resource capacities, you can predict and manage the availability of those resources. You can also use flexible pricing models – making it easy for you to invoice in Sales & Receivables or record costs in Jobs.


    JOBS

    Jobs is an integrated application area used for detailed planning and managing of the costing for any long-term job or project activity.

    Highlights
  • Gain an overview of allocations for employees, machinery and other resources.
  • Prevent costs from going unbilled.
  • Use budgets and estimates for detailed capacity planning.
  • Analyze long-term profitability of job activities.
  • Successful job management requires an up-to-date overview, detailed planning and the ability to carry out follow-up analyses based on objective data. First of all, automated billing prevents costs from going unbilled. Second, integration with the other application areas ensures that costs are posted to the relevant application areas and reduces the amount of detail you must maintain in the General Ledger. Finally, budgets and estimates allow you to make detailed costing plans and analyses of profitability.


    FIXED ASSETS

    Fixed Assets is an application area providing a comprehensive resource for organising, managing and accounting for your company's fixed assets.

    Highlights
  • Real-time fixed asset management, analysis and reporting.
  • Flexible definition and grouping of assets.
  • Choice of standard or custom depreciation methods.
  • Real-time statistics giving a complete picture of individual assets.
  • Keep track of assets with maintenance information, including pictures of assets.
  • Insurance information.
  • Fixed assets can be reclassified.
  • Periodic depreciation and partial disposal options.
  • Report and simulated report facilities.
  • Fixed assets are a valuable part of any company. But managing them effectively can easily tie up considerable resources. This is why the Fixed Assets application area provides essential functions to help you manage fixed assets quickly and with a minimum of effort. For example, you can keep track of all information relevant to fixed assets, such as maintenance costs, acquisition costs and insurance policies. In addition, the real-time nature of Fixed Asset facilities means that your periodic income and expense figures are always accurate and up-to-date.



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