Microsoft Dynamics NAV Cost

How much does it cost to purchase and implement Microsoft Dynamics NAV?What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?

Vice Professor Asked on July 3, 2024 in Accounting.
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1 Answer(s)

Software price

Microsoft Dynamics NAV offers a variety of pricing options. The software is typically priced on a per-user, per-month basis. For example, the cost of a single user license per month might be around $50, while the cost for 10 users could be approximately $400 per month. For larger businesses with 100 users, the cost might be around $3,500 per month. Global enterprise pricing is available upon request and can vary significantly based on the organization’s specific requirements.

Plans compared

Microsoft Dynamics NAV offers different plans with varying features and pricing. The basic plan includes essential functionalities such as financial management and supply chain management, while higher-tier plans may include advanced features like manufacturing and service management. Each plan is priced accordingly, with more features available at higher price points.

Plans fit

The basic plan of Microsoft Dynamics NAV is suitable for small businesses and startups looking for essential business management tools. The mid-tier plans are ideal for medium-sized businesses that require more advanced features to support their growth. The top-tier plans cater to large enterprises with complex operations and a need for extensive customization.

Other cost

Implementation costs for Microsoft Dynamics NAV can vary depending on the complexity of the deployment and the size of the business. On average, implementation costs can range from $10,000 for small businesses to $100,000 or more for larger enterprises. Customization costs also vary but can be estimated at around $5,000 to $20,000 for small to medium-sized businesses. Training costs typically range from $500 to $2,000 per user.

One time fees

Microsoft Dynamics NAV does not require specific hardware or servers for implementation, but there may be additional costs for data migration or integration with existing systems. One-time fees for these services can range from $5,000 to $20,000. Other potential costs to consider include ongoing support and maintenance fees.

Alternatives compared

Compared to alternatives like SAP Business One, Oracle NetSuite, and Sage Intacct, Microsoft Dynamics NAV offers competitive pricing with similar features. While some alternatives may have lower initial costs, Microsoft Dynamics NAV’s scalability and integration capabilities make it a strong contender in the market.

Verdict

Microsoft Dynamics NAV is priced competitively against its top alternatives, offering a wide range of features and scalability for businesses of all sizes. With a pricing grade of 85 out of 100, Microsoft Dynamics NAV provides good value for the money, especially for mid-sized businesses looking to expand their operations.

Vice Professor Answered on July 3, 2024.
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