Microsoft Dynamics NAV for the Hi-Tech Industry

High Tech & Software Deferred Revenue Recognition

Due to SCS having an office in high-tech hotbed Silicon Valley, SCS has implemented NAV in a variety of high-tech companies, including software developers. NAV’s built-in Project Management functionality can track all costs associated with R&D, as well as customer-specific jobs. Company resources (people and machines) can be set up with specifics on capacity, abilities and availability. Revenue for annual contracts can be re-distributed as needed using SCS’ proprietary ‘Revenue Recognition’ feature in NAV. Used with the optional Service Management capability of NAV ( see above), the system can handle full Contract Management, including Service Requests that involve dispatching personnel and tracking additional costs. NAV’s integrated inventory and accounting system allow for tracking of all company items, including Fixed Assets, which can be re-classified or re-assigned to other projects or even customers if needed.

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