Serenic Corporation — Serenic Navigator

From the Oct. 2007 Review of NFP Accounting Systems

Serenic Navigator from Serenic Corporation is a fully integrated financial and business operations software product primarily designed for larger nonprofit organizations, international NGOs and the public sector.

Serenic Navigator is certified for Microsoft Dynamics NAV (formerly Navision.) Because of the unique structure of NAV, Serenic Navigator can offer a complete, comprehensive software solution, including both fund and financial accounting, as well as grant, donor and investment management capability.

With all of its advanced technology, Serenic Navigator has maintained a surprisingly easy-to-use user interface. The main navigational screen contains a standard drop-down menu at the top of the screen. Categories, rather than modules, are listed on the left of the screen. Clicking on a category brings up the modules within that category. Clicking on a module will display the main menu for that module in the center of the screen. The structure of the main menu uses a common sense approach and allows even new users the ability to confidently navigate through the system without extensive, time-consuming training. Extensive customization capability is evident throughout. The Object Designer can be utilized to create unlimited custom fields, which can then simply be placed on the appropriate screens or reports.

The Serenic Navigator extended product suite includes AwardVision, DonorVision, MinistryView and CommunityCare. The complete product offering includes more than 30 separate modules, some of which include the following: GL, AP, AR, Payroll, Multi-Currency, Fixed Assets, Inventory, Serenic DonorVision, Serenic Community Care, Serenic MinistryView, Serenic AwardVision, Budget Planning and Control, Advanced Allocations, Human Resources, Bank Management, Multiple Languages, and Microsoft Excel Report Writer modules. Serenic Navigator also offers various portals, including a Purchase Requisition Portal, Approval Processing Portal, Expense Entry Portal, Employee Information Portal, and the Employee Directory Portal. Designed to cut down on immense levels of paperwork often associated with the running of a nonprofit, Serenic Navigator allows users to assign business rules, monitor event transactions, and establish budget control rules for easy electronic approval of expenses.

The program also utilizes both Internet and e-mail functionality with the use of web portals for remote entry of data, along with the ability to set up automatic e-mail notification to all interested personnel on relevant fund activity. Serenic Navigator is module-driven, with the ability to add modules as needed.

Serenic Navigator contains numerous enhancements and updates, most notably the inclusion of the existing Grant Management application in Serenic AwardVision, which is a comprehensive system designed to efficiently track and manage the entire lifecycle of awarded funding and grants. The Grant Management function allows users to track grant rules and sponsors, award notifications, grant matching, gifts in kind, and also contains complete budgeting capability. AwardVision also tracks milestones and modifications, as well as the contract, award or grant document, thereby providing one repository for the financial and administrative tasks assigned to the grant process. Version 5.0 now offers improved integration with Microsoft products using Outlook Synchronization. Serenic Navigator 5.0 also contains better payroll functionality with the addition of a “create employee wizard.” Online Help options have also been improved.

The account number structure utilizes up to 120 alpha-numeric characters and up to 10 account segments. Encumbrances can be estimated in either current or future accounting periods, and the budget checking process allows for tracking expenditures to ensure that established budgets are not exceeded.

Serenic Navigator also allows Inter-fund processing for easier processing of common expenses. The DonorVision module is a must for those who depend on fundraising. DonorVision records vital fundraising information such as letters mailed, relevant photos, phone logs, pledges, donations, complete contact information and any personal notes. Serenic Navigator also easily allocates revenue and expenses across multiple departments or projects. Drill-down capabilities exist throughout, with the capability to access the originating document if necessary.

REPORTING -- 5 Stars
The program processes required reports such as FASB 116 and 117, along with specialized reports such as Accounting for Restrictions, Accounting for Encumbrances, and Accounting for Commitments. Cross-fiscal year reports can be created, and users can easily export data to Jet Reports for more extensive reporting. Jet Report’s drill-around technology provides the ability to pull information from any module within the Serenic Navigator product suite. This information can then be imported directly into Microsoft Excel. Reports can also be sent directly through e-mail. Navigator can also be used with Microsoft’s SQL Reporting Services as well as various ODBC-compliant reporting tools such as Crystal Reports.

Serenic offers 24-hour online support with telephone support available during regular business hours. The product contains excellent Help functionality, and online Help can assist with frequently asked questions. Additional support contracts are available and vary in cost.

With over 30 modules, Serenic Navigator offers larger nonprofits, international NGOs, and the public sector all of the tools needed to maintain vital records and enables vital personnel to be pro-active in handling their organization. Pricing starts at $3,000 per concurrent user and includes base modules. For nonprofits where accuracy, customization capability and detail are a necessity, Serenic Navigator simply cannot be beat.

2007 Overall Rating: 5 Stars