The major reason for your business to suffer if you choose to stick to Dynamics NAV is its end of support which will eventually leave you on your own. Dynamics NAV 2017 version met its end-of-life-cycle support in Jan 2022, whereas Dynamics NAV 2018’s support is still viable till Jan 2023 leaving you a noticeably short time to optimize it further. It is best to Upgrade NAV to Business Central.
Some businesses still use Dynamics NAV to support their production environment. The decision to stick to the older version could be derived from its perceived stability: it can resolve all the issues and does exactly what it is expected to do.
Alternatively, a business may decide to delay its NAV to BC Upgrade to save IT capital cost while “sweating” its resources to extract maximum return on investment. However, this approach will eventually lead to the business’s downfall as it can collapse anytime.
What Would Happen If You Still Glued with Dynamics Nav Without Support?
You are welcoming a huge security risk, limited disaster recovery options, no more updates and patches, and a lack of functionality if you still expect Dynamics NAV to facilitate core functionalities to your business. Hence Upgrade NAV to Business Central.
A Massive Security Threat
Once your vendor ends the support for Dynamics NAV, you are no longer entitled to the relevant upgrades or patches. You will no longer receive any support for issues occurring in the application. Since you cannot resolve them on your own, the application starts posing a risk to your overall business rather than a medium for its growth.
Limited Disaster Recovery
Not having NAV to Business Central Upgrade means no more support from Microsoft leaves businesses to struggle on their own. Suppose if something wrong happens to the application and the entire environment demands a rebuild, the user is liable to source the correct version (which is not so easy). In this scenario, businesses will have to track aged operating system and SQL Server versions. This can even jeopardize your security and lead to data loss or data theft by hackers.
In the worst-case scenario, you may not even get to access the older version and require an urgent NAV to Dynamics 365 Business Central upgrade. An upgrade project can take a good sum of time. Even if the upgrade is planned, it can take up to months to complete. Leaving you with months of downtime and eventually, making your production suffer.
Many businesses who have been paying for maintenance licensing are entitled to access the latest NAV versions. However, delaying the upgrade is not useful either. Upgrade NAV to Business Central as Microsoft Dynamics 365 has a pedigree of ongoing developments and upgrades. For more than three decades, NAV has been redefined to provide greater functionalities. No doubt, it provided great services to its users, but the end of support will reverse the situation. The user can no longer access the new upgrades and functionalities while declining productivity.
So, what is the Solution?
The only solution is to Upgrade NAV to Business Central. Microsoft introduced Business Central on April 2nd, 2018. The newer technology delivers more robust features, tailored functionalities, and a more agile interface. It did not take too long to conquer a special place among SMBs as one of the most reliable, flexible, and scalable ERPs (Enterprise Resource Planning). The NAV to Business Central Upgrade Enables – advanced mobile access, application integration, custom adaptability, seamless upgrades, affordability, and reporting capabilities.
However, besides worrying about training employees for a newer version, heavy historical data transition brings chills down the user’s spine. Little do they realize that the data structure of NAV and BC is the same. Thus, if your data is organized and corruption-free, you are good to go.
- Dynamics 365 Business Central automatically upgrades your application frequently without disturbing your business’s ecosystem, and twice a year with major upgrades, for which the user is notified a couple of days prior.
- Dynamics 365 BC is a cloud-based application that enables remote control, which means it is accessible anytime, anywhere, from any device. Thus, leaving you no scope for investing in hardware, server, and maintenance agreements.
- The data is completely secured as 3,500 cyber-security experts are protecting, responding, and detecting cyber threats.
- Business Central endorses faster and more flexible financial reporting via Jet Reports and Power BI (Business Intelligence). Machine learning and AI (Artificial Intelligence) (Artificial Intelligence) support tools monitor and forecast more precise data.
- Its flexible licensing fees enable the user to manage cash flow. Instead of an annual enhancement, you only pay per user every month.
No matter how efficient you perceive your Dynamics NAV to be, the fact remains that it is on the verge of its life. It is recommended to Upgrade NAV to Business Central as soon as possible as it will define your business’s future. If you are planning for a NAV to BC Upgrade, contact Trident Information Systems. We are Dynamics 365 Business Central Gold Partner and LS Central Diamond Partner.