Serenic Navigator is a powerful financial management and business operations software product designed specifically for larger nonprofit organizations, international NGOs and the public sector. Certified for Microsoft Dynamics NAV, Serenic Navigator offers a solid core product that is easily navigated and fully integrated with a suite of extended financial and business operations products.
BASIC SYSTEM FUNCTIONS
Due to its more complex structure, Serenic Navigator is best installed by a professional. The vendor expects a streamlined version of the product, Navigator Online, intended for small to mid-sized organizations, to be available in a SaaS (Software as a Service) version in early 2011.
Built on Microsoft Dynamics NAV technology, Serenic Navigator is a role-based product that offers a user interface similar to other Microsoft products. Initially, the Role Center structure may feel foreign to those used to a more traditional user interface; the benefits of the structure quickly become apparent. Each employee can easily customize their own role center, which provides them with easy access to frequently used program functions and system links. This structure also prevents cluttered screens, as each employee only has access to modules and features that fall within their own job parameters.
Serenic Navigator offers a Core Financials suite that includes GL, AP, AR and Cash Management functions along with other prominent features such as Advanced Allocations, Budgeting/Forecasting, Inventory, Fixed Assets, and Procurement & Sales Orders. Other key features include both Multi-Currency and Multi-Language capability, an integrated Excel report writer, Financial Reporting, Workflow Management with Approvals, and complete Microsoft Office integration. Optional products include AwardVision (grant management), CommunityCare (consumer services and workshops), DonorVision (donor management), Human Resources/Payroll, Investments, MinistryView and Portals, which provide web-based access to remote employees.
Scalability is unparalled, with all modules fully integrated, allowing organizations to easily add features and functionality as needed. 5
CORE NFP/FUND ACCOUNTING CAPABILITY
Serenic Navigator allows users to utilize up to 10 primary dimensions or segments when setting up account structures, with the ability to use up to 110 alphanumeric characters to define each account. Serenic easily handles multiple transactions and utilizes the Role Center structure for easily assigning specific transactions types relevant to each employee. Users will also enjoy excellent budgeting options, including transaction-based or multi-year budget types. Budgets can be set up using a variety of parameters including daily, weekly, monthly, quarterly or annually. Budgets can also be easily customized by establishing specific rules for each budget maintained.
Nonprofits that wish to track donors would find DonorVision helpful. DonorVision tracks constituent/donor information, campaign appeals, and any related designations, so management can easily keep track of top-level donors and appeal/campaign success.
For those dealing with grants, AwardVision will easily track and manage multiple grants, including maintaining funding information, sub-recipients, proposals and subsequent awards.
Each fund in Serenic Navigator is automatically balanced at both the fund and fund class level. Full accounting customization allows users to set up and maintain multiple entities using a calendar that is specific to that entity. Serenic also contains an excellent audit trail function that offers users a detailed list of all system transactions. Payments can be made electronically by creating an EFT file, and remote personnel can access and enter vital information by using the various portals available. Serenic also expects to offer Navigator Online, a streamlined SaaS version of Navigator, in early 2011, making the system accessible to small to mid-sized organizations with multiple locations. Navigator Online will not include all the features available in the Navigator on-premise product, but if an organization outgrows the functionality found in Serenic Navigator Online, they will be able to easily and cost-effectively transition to the on-premise version. 5