Serenic Navigator

Posted by admin on February 9, 2011 under ERP Software, Government Software, Non-Profit Software | Be the First to Comment

Serenic Navigator is a Non-Profit/Public Sector focused ERP and HR/Payroll software solution that was built in 1999 as an Independent Software Vendor (ISV) solution on the Microsoft Dynamics NAV platform. By building the software on top of NAV, Serenic is able to take advantage of all of the features and new functionality provided by Microsoft while developing enhancements specifically for the non-profit and government industries. Serenic sells the software directly and has a network of qualified NAV VARs that resell and implement Serenic so there are many implementation options available to you.

There are more than 350 organizations that are using Serenic Navigator. (One of SoftResources’ notable clients that selected Serenic was the Vancouver Olympic Organizing Committee 2010.) While their focus is on both government and non-profit entities, the non-profit space is where they excel, and they have limited government implementations.

Serenic is especially strong with grant accounting requirements and they have recently developed a budgeting tool geared specifically for non-profits and grant accounting. Because the NAV product has good multi-national functionality, Serenic is starting to leverage that capability to drive expansion internationally and has set up sales offices overseas.

In December 2010 Serenic announced a Cloud/Hosted offering for the software. It will be interesting to see how non-profits accept the hosting model as the cloud gains more acceptance in the ERP space.

Serenic is a public company and at the end of January 2011 released their quarterly numbers showing they swung to a loss. They cited the fact that many non-profit organizations are pushing off purchases of new ERP software because of the economy. Also, because they are a Canadian company, they have had some currency losses as the majority of their installations are in the US.

Serenic is a major player in the mid-market non-profit area and should be considered by these organizations. We met up with Lisa Ramsey of Serenic at the GFOA 2010 show in June last year. Watch the video to get an overview of Serenic and some of the things they are working on.