It’s true! The coming release of Microsoft Dynamics NAV 2013 R2 delivers new exciting features to support cash management business processes for our SMB customers and prospects.
Why Cash Management?
Cash management is a critical part of any business operation. Business managers need to manage their cash flow, payments and debt collections quickly and efficiently to ensure the company’s financial stability, solvency and ultimately profitability.
Our SMB customers need more support for basic cash management processes; therefore, we are increasing our focus on cash management in the coming releases of Microsoft Dynamics NAV – beginning with Microsoft Dynamics NAV 2013 R2.
What’s new in the coming release?
Microsoft Dynamics NAV 2013 R2 will deliver new functionality to support bank integration with two core scenarios:
What about SEPA support?
SEPA, or the Single Euro Payments Area (SEPA) is an EU payment-integration initiative of the European Union. Its purpose is to simplify today’s fragmented national payment systems with a single set of standards. It enables organizations and individuals to make payments or bank transfers in euro to anyone within the area through their existing bank account using standardized payment instruments. SEPA will give companies the possibility to connect with more banks and help to shorten payment transfer times. As of March 2012, SEPA consists of the 28 EU member states, the four members of the EFTA (Iceland, Liechtenstein, Norway and Switzerland), and Monaco.
Microsoft Dynamics NAV 2013 R2 will provide support for SEPA in the following ways:
More information about Cash Management in Microsoft Dynamics NAV is coming soon on the NAV Team Blog, Yammer, MSDN, Directions and more. Stay tuned!
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