Microsoft Dynamics Navision, also known as "Dynamics NAV," is Microsoft's legacy small company management ERP solution. Microsoft Dynamics NAV 2018 - the last version of this software - will no longer be supported by Microsoft after 10th January 2023.
What Does This Mean for Users of Dynamics Nav 2018?
Dynamics Nav 2018 will be the final group to be moved from the mainstream to the extended support phase. Users will only receive security updates until the extended support period expires on January 11, 2028. After that, no future updates will be available for any version of Dynamics NAV.
So, as a company using Dynamics NAV 2018, what are your options?
1. Switch to Microsoft Business Central
Upgrade to Microsoft Business Central, or start arranging an upgrade, is the most straightforward course of action. You can take the Dynamics 365 Consulting-Services for complete assistance regarding upgradation. Business Central has several advantages, including seamless integration with Microsoft Stack and support from Microsoft's current lifecycle policy, which ensures that it will constantly be updated.
2: For the time being, seek assistance from a Dynamics NAV support partner.
Several factors may restrict or make a transition to Microsoft Business Central difficult.
For instance, outsourcing to a specialized Dynamics NAV support partner may be more appropriate when a NAV system is customized to match a particular organization. They'll be able to maintain the performance of your current setup by utilizing their knowledge and experience to work with it.
However, this solution has significant dangers and complexities, such as future compliance with financial requirements.
In addition, you will be using an obsolete ERP system. It will be more susceptible to general processing faults and more prone to become slow and even crash, resulting in business downtime. And there's always the possibility of a security hole being identified and exploited.
So, sticking with Dynamics NAV 2018, in the long run, should be avoided.
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