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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iFacto  nominated for Trends Gazelle 2019

iFacto nominated for Trends Gazelle 2019

7 January 2019
iFacto nominated for Trends Gazelle 2019 From a group of 67.000 other companies iFacto has been nominated for the rewards of Trends Gazelle 2019. Over 18 years Trends, a business magazine elects the award Trends Gazelle in each region. Nominees are based on figures of turn-over, new employees and added value. ,,All these competitive companies are stimulating a positive business environment. Each of them act like an inspiring role model of innovation and employment opportunities.'' ,,We are very proud of this nomination. It’s a nice reward we have achieved by working hard with the whole company.’’ Steven Arrazole de Onate (CEO iFacto Group). On February 27th and March 28th respectively the Trends Gazellen Ambassador Antwerp and Nation will be elected. We are looking forward to it!
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iFacto on Directions Asia convention in Bangkok
Microsoft Dynamics NAV

iFacto on Directions Asia convention in Bangkok

22 March 2018
Mid-March the Microsoft Dynamics NAV partners met at the Directions Asia convention that took place in Bangkok (Thailand). Directions brought all Dynamics NAV experts worldwide together to exchange new product information and exercise in workshops. Also this year two iFacto specialists and Microsoft MVP’s (Most Valuable Professional) Luc Van Dyck and Eric Wauters were in. The hot topic of this convention was the launch of Microsoft’s new solution, NAV in the cloud: Microsoft Dynamics 365 Business Central. This year 375 experts of 132 Dynamics NAV partners, coming out of 32 countries participated to this 2-day event where 50 lecturers gave 10 workshops and 33 sessions. Eric Wauters as well was able to lecture two workshops and two sessions, about the new development environment of this ERP-solution. Later this year on the agenda: Directions EMEA and USA. These conventions will take place respectively in The Hague and San Diego. Obviously, iFacto will also participate to this new info share- and network events. So we can well inform and advise our customers of the latest developments.
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