Optimize your accounting with Microsoft Dynamics NAV

The Microsoft Dynamics NAV financial module has numerous functionality with which you can simplify your accounts in a clearer manner. You then also always have up-to-date accounting software, based on an internationally approved application.

Simplify the management of your accounting

Navigate through your accounts and find all transactions for a single booking in a clear and convenient way. Microsoft Dynamics NAV ensures the simple and clear management of all your transactions.

Dispose of manual procedures and send electronic versions of invoices, credit notes or other documents. Quickly close the accounting periods and send declarations (VAT, IC, annual and Intrastat declaration) electronically. Also pay electronically with Isabel and read statements in with CODA. A link to Accon is also provided for. You can then simplify your day-to-day accounting tasks in the short term.

Comprehensive financial insight

  • Follow your cash flow from close by and ensure transparency in liquidity in both the short and medium-term.
  • Make use of comprehensive general and analytical accounting for an unlimited number of companies in a database.
  • Manage your fixed assets with the automatic calculation of depreciations.
  • Draw up budgets with the possibility of importing and exporting from and to Excel before comparing with your actuals.
  • Closely follow your debtors and communicate in good time.
  • Draw up financial consolidation between companies with different charts of accounts and base currencies.
  • Create far-reaching analyses and reports with the many reporting options in Microsoft Dynamics NAV.

Facilitate your debtor management with Collection+

Follow your customers proactively with iFacto Collection+. iFacto has added this functionality extension to the Microsoft Dynamics NAV financial module. iFacto Collection+ enables the thorough monitoring of your debtors and contributes to the good management of your cash flow and healthy financial management.

  • Set Key Performance Indicator per customer (number of outstanding invoices, due balance, outstanding balance compared to credit limit, etc.);
  • Create a dashboard with the detailed allocation of tasks for your employees and personalized monitoring per customer;
  • Define action templates and assign automatic triggers to customers and customer groups;
  • Receive real-time management information on outstanding invoices;
  • Use a complete tool set to follow up your debtors.

Sector-specific solutions

As a Microsoft Dynamics partner iFacto computerizes companies on the basis of Microsoft Dynamics NAV and sector-specific solutions based on Microsoft Dynamics NAV. Find the solution for your sector here:

Working together on a goal-oriented implementation

iFacto brings together its experience of implementation processes for over 300 companies. Our implementation process is based on proven methods, while being fine-tuned to match your situation. Our project approach guarantees good preparation and close monitoring of the different project stages, the project plan, the timing and the budget by our project managers.

Diagnostic investigation

During the sales process iFacto starts with a diagnostic investigation in which we set out the requirements and desires of the customer before translating this into a demo for the standard application. A first budget estimate is made based on this information.

Business process analysis

We then set out the business processes. The BPA describes the processes, the implementation decisions and possible adaptations and will serve as blueprint for your course of implementation.

Installation and set-up

The implementation process starts during the installation and setup phase. After a kickoff meeting the software is installed and your system is set up.

Detail system set-up

We further elaborate the basis created in the installation and setup phase during system detailing. Here the consultant and the customer together further fine-tune and parameterise the system. A first pilot conversion takes place. The customer starts the first constituent tests and documents the work instructions. This phase closes with a simulation with all key users becoming familiar with the processes.

Deployment phase

The training takes place in the deployment phase, along with the user acceptance tests and final conversion. The project team releases the project before the Go-live milestone is reached.

Operational phase

You can also call upon our consultants with the start-up if needed. You will then be further supported by the support team.

iFacto news

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How to Meet Buyers’ Demand for (Better) B2B E-Commerce

How to Meet Buyers’ Demand for (Better) B2B E-Commerce

24 June 2019
For this 2019 report, we surveyed more than 500 buyers who purchase from manufacturers, wholesalers and distributors. We found that, although 75% of product purchases are already made online, buyers are still not buying as much online as they’d like. But is meeting this demand as simple as offering them the ability to buy online? Or do buyers expect more? In this report, we review the role of and demand for e-commerce in the B2B buying process. We look into professional buyers’ current and future needs. And we advise you on how best to meet them and how you too can benefit. Download the report to get insights on the following topics: B2B e-commerce today: The prominent role of online channels in the B2B buying process The unmet demand for (better) B2B online sales How to meet your buyers’ needs and move them online: What do buyers expect from B2B online buying channels? What can deter buyers from buying online? Meeting B2B buyers’ KPIs through e-commerce Choosing the right e-commerce platform for your customer and for your business Preparing your e-commerce platform for the future of B2B buying Use these insights to better understand your buyers, stay ahead of trends and gain a competitive edge.
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iFacto: celebrating our 15th anniversary and opening a brand new location in Kortrijk
Microsoft Dynamics 365 Business Central

iFacto: celebrating our 15th anniversary and opening a brand new location in Kortrijk

26 February 2019
Over the past 15 years iFacto has taken more than 300 SME to the next level by analyzing, optimizing and computerizing their business processes. Managing Partner Steven Arrazola de Onate: “In 2018 we achieved a record revenue of 10 million euros. This year we also celebrate our 15th anniversary and I’m very pleased with our long-term partnerships of Varo, Katoen Nation, Accent Group, Filliers,  … “. iFacto focuses especially on the wholesale and distribution, food-, production- and services companies by implementing ERP software based on Microsoft Dynamics 365, NAV or AX. In these sectors iFacto is the Belgian market leader.   Steven: “Walk the talk is our statement. Creating added value, building good customer relationship and yielding within time and budget are the fundamentals to our customers. They can rely on a team of good educated and experienced consultants. In a meanwhile we this team has 70 employees. Past year iFacto welcomed 10 new employees and is still searching for new enthusiastic  members. Steven: ,,This year We also got nominated for Trends Gazelle, which is a nice reward to everybody in the organization.’’ For the coming years iFacto is expecting a lot of growth potential.  iFacto would like to realize a growth of 50% and anchor on west-Flemish ground. To realize that we opened a new office in Kortrijk. Steven continues: ,,Opening a new office is a strategic choice to extend our business in West Flanders, but also a nice to have for our local colleagues. It saves them the long daily rides to our headquarters in Kontich or Hasselt.’’ ,,And last but not least iFacto wants to realize 33 projects, add 20 new customers and 15 new consultants, developers and project managers. A year full of challenges, but we love to be challenged.’’
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