Microsoft Dynamics 365 Finance is used to automate and modernize global financial operations. The application can monitor performance in real time, predict future outcomes, and support data-driven decisions to drive business growth.
$2,520
per year per user
Microsoft Dynamics GP
Score 5.4 out of 10
N/A
Microsoft Dynamics GP is an ERP software with accounting capabilities. It includes various packs for customizability and features tailored to specific industries’ needs. GP is offered as a perpetual license or subscription.
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Microsoft Dynamics SL
Score 5.2 out of 10
N/A
Microsoft Dynamics SL is one of the ERP products in the Dynamics family.
This product was acquired from Solomon 2000.
The product is typically used by SMBs, particularly in project-based businesses (e.g. construction). It has strong accounting and project management capabilities.
Microsoft Dynamics 365 Finance is more robust, and can handle larger, more complex business operations, and have better delineation between corporate management and divisions in a company, but it is not flexible, nor easy to change. It is complex, inflexible, and difficult to …
I have used everything from industry standard TMS systems to SAP to various BIs like Tableau and Power BI. The point is my background is varied, but what's nice is being it's MS anything you already use that is also Microsoft will make Microsoft Dynamics 365 Finance feel way …
Microsoft Dynamics GP is obviously superior to the other platforms I’ve used simply in its robustness and GAAP compliance features, but with far less usability and even in someways less usable reporting.
Business Central wasn't out then. Nav, the predecessor, was out, but its user interface was dated until 2009, when the role-tailored client came out; it was much better afterwards. If your company has manufacturing, then Business Central is the way to go. It's unfortunate that …
Due to the size of our company Microsoft Dynamics GP works better for us than Quickbooks because of the reporting capabilities. However, the NetSuite demo proved to be much more user-friendly with more reporting capabilities.
Because GP doesn't do CRM we have looked at D365 Customer Engagement for our field service, and F&O as a replacement. Vaporware, no direct upgrade path, and if you want to continue with GP for your back office and just use Field Service it's an insanely complex integration …
There are more features and products overall in the Microsoft package at a better price point. Overall, Salesforce has a much sleeker and more user-friendly design.
We moved from Epicor Eagle N Series to Dynamics GP as an accounting solution for our new POS system. I believe Dynamics GP has more options to create and present financial statements for a large company with many regions and districts. However, because of the weakness of our …
They both accomplish the same thing, I think Oracle was what I first learned and thus making the change to Microsoft Dynamics GP just took a little bit of time to learn the technology. After you get the hang of it, it becomes much easier and I taught my coworkers how to use it.
I did not pick Dynamics over Salesforce, my company was using it and eventually switched over to Salesforce. I would say that Dynamics is user-friendly and the interface is quite easy to understand. I really like the reporting capabilities as well. Once again, the aesthetic …
At the time of purchase, Microsoft Dynamics GP seemed more appropriate and more in sync with the needs of our company. The software was more responsive, user-friendly and it allowed for more flexibility with the way it was intended to be used. We were also promised better …
My recollection of Quickbooks pro isn't great, and it was over 10 years ago. Obviously many things have changed in that time frame, so any comparison would likely not be relevant.
The only product with have shopped was Sage Intacct. It is somewhat unfair to compare the two solutions, because Sage Intacct is a cloud-based solution. That said, Intacct appears to advertise better reporting/business intelligence capabilities. MS Dynamics GP should be aware …
Microsoft Dynamics GP is one of the best ERP's for a medium or small business in the market today. When we were looking for the right software, it had already a connection developed with our 3rd party logistics system, so the decision was pretty easy since the logistic / supply …
Dynamics GP is much more flexible and enterprise-oriented than Quickbooks Pro or similar software. It can support many more users and scenarios. However it requires more dedicated infrastructure (such as servers and databases) and more dedicated IT resources to maintain and …
I love Dayforce for payroll. It has been configured to meet all our needs, is user-friendly and the customer support is fantastic. We originally moved from MDGP payroll to Ceridian Insync payroll due to the issues we had. We upgraded to Dayforce and are very happy with the …
Learning GP with so many resources from the GP community has been easy. Someone always has the answer or suggestions to point me in the right direction. I've had very few instances where the systems caused an error that required research in order to fix the glitch.
We looked at several general ledger software packages. We had excellent customer service and implementation guidance through a third party. Having a knowledgeable consultant is critical to a successful implementation.
Quickbooks Pro and GP are not on the same playing field. GP is a full account system adhering to GAAP, while QuickBooks is designed for the small business market. While starting out with QuickBooks is easy, if you plan to grow, you will soon outgrow it.
Microsoft Dynamics is a good, easy to use product for entities that do not have advanced manufacturing. If I were to go into a distribution or service type business I would highly recommend it. If I were to go into an advanced manufacturing environment I would not consider GP.
We started with QuickBooks Enterprise when our company was young. We quickly outgrew this program as it was not able to accommodate the financial reporting we needed to satisfy our investors. QuickBooks was also very limited in managing our revenue as we grew. We did try Great …
MIP is a more robust product with more comprehensive modules that is tailored toward a non-profit accounting environment. The reporting and GL analysis features on MIP is also a lot more robust than Dynamics SL and the interface within MIP is designed to tailor to user needs. …
Dynamics SL provides built in complex project accounting flexibility with the benefit to accommodate additional complexity with customization tools to enhance the system capabilities and fill requirement gaps either as to process, reporting, or controls.
I have been on this product for 17 years. I have worked with Great Plains and have worked with products in the Health Care industry and believe this product pulls in all the main functionality into basic core modules and allows users to quickly grasp how to use the product. …
Of the comparable mid-range ERP systems, Dynamics SL competes at the lower end based on price, but also above the high-end based on flexibility, data, and reporting. Being able to stay with the same core accounting from a $100 million dollar company to a $3 billion dollar …
They were both pretty easy to use, but I started using Microsoft Dynamics SL so it was a matter of knowing and becoming familiar with this program first. I became very accustomed to the modules and how to navigate the program.
I have used QuickBooks when I was in college and I did enjoy it mainly because that was my first experience with an accounting product like that. I did not switch to Microsoft Dynamics; it was the product used in the first company I received a job in. Although I did not select …
QuickBooks is not a bad solution, but it is typically used by smaller companies since it is not a true, auditable accounting system. Dynamics is much more robust than QuickBooks and handles complex accounting much better.
FinancialForce may be a good option if you are looking …
QuickBooks is a good entry point software. Dynamics is the next logical progression in a company's growth. Dynamics SL will allow for rapid growth and provide the necessary controls that QuickBooks is lacking.
I have evaluated many competitive products in the past. Dynamics Nav, Mass90, Dynamics GP, Platinum and others. This product is ahead in TCO and flexibility. Since the customization uses standard Microsoft tools (VBA, Visual Studio, and MS SQLServer, Object Model) it is much …
SL is lacking in various places for a direct sales type of company plan. Currently, we are looking into other options and have decided on Microsoft Dynamics AX as a solution. The move to AX will allow us to keep ordering in one system instead of two (right now we are forcing SL …
We used Connectwise, which did a good job costing function, but had to be periodically integrated and lacked some reporting capability. We looked at GP but it does not have good project accounting, so it was not a good fit for our company. We looked at NAV but there was too much …
We selected Dynamics SL because our business lives and dies by the success of our projects. A product that can tell you that you have a problem before you invoice, helps you get your project back on track much better. It's also much easier to evaluate across projects, tasks and …
I think D365 has the ability to be useful for 90% of businesses out there. Its just a matter of if those costs make sense but as far as what is on the market today in my opinion MS is number 1.
Microsoft Dynamics GP is well-suited for our environment, as we pay a diverse group of employees, including on-the-road drivers, shop employees (some in other locations), and office employees. It easily tracks time off, taxes, pay, etc. The reporting allows us to verify with our drivers how they are paid each week, whether it be through mileage or stop-offs.
In the service series, there is a weakness in applying revenue recognition concepts which are a strong point of the project series. It is difficult to get a period sensitive WIP that could be recreated at any time for a point in time (fiscal period).
Able to be extended into multiple areas of your business
One feature we have been using for a few years is EFT for payables - it has significantly reduced the time spent paying vendors and reduced our check printing and mailing costs. It is very easy to setup and use.
Ability to add companies, and sub-accounts on the fly allows for the growth of the system without conversions, and flexible reporting allows for the quick utilization of the data.
Multi-Company allows for easy and automated data entry and reporting across multiple legal entities and business segments.
Multi-Company also allows for easy centralization of business processes (AP check writing and Fixed Assets for example), while spreading data entry across the enterprise.
Ability to Copy/Paste into Dynamics SL has always been a strength- especially from Excel. The additional power of being able to use Excel for a myriad of calculations, including complex allocations, and formatting the result into a JE to paste directly into the Journal Entry Screen has saved countless hours in data-entry, and made re-use of complex items very easy.
Supply chain management is adequate but not exceptional, and there are challenges tying the product to a website front end. These features are present and work fine in many environments but are often lacking for customers who need more robust systems.
Reporting tools often require consulting expertise or an internal business analyst to develop. Many smaller companies don't have this skill set, so it can be costly to upgrade to GP from a smaller packages like QuickBooks.
Some features that are available in competing products are still not present in GP, such as full copy-paste functionality and more intelligent workflow/batch processing functions.
When we have a lot of invoices rather than just a few large invoices, we can be frustrated by how long it takes Flexible Billings to generate a lot of invoices
It would be nice if Dynamics SL had an easy integration to some of the nicer salestax tools such as Avalara and CCH.
It would be nice if the fixed assets module and electronic banking were not third party.
Due the economic challenges that Puerto Rico is having, the company has had to merge some companies in order to be more efficient. It has been easy in GP to process those merges, even thought we had to spend days to accomplish that the process was smooth and accurate. In addition we were able to streamline the purchasing and sales process and the organization is confident to keep renewing GP for the future versions.
Unfortunately, Dynamics' lack of ability to smoothly integrate with our CRM system is causing us to look at other solutions. The efficiencies that we gain by using Dynamics for our day to day accounting are lost in the constant headaches of getting sales quotes to import properly into the system for invoicing. Another major issue for us has been budgeting and reporting. We currently do all of our budgeting and board reporting in Excel, which is too time consuming and inefficient, especially when a system as robust as Dynamics should easily be able to handle this relatively simple task.
Menus are generally quite difficult to navigate, user-friendliness is lacking, platform can at times be unstable (crashes, etc), reports tha would seem to report one thing do not actually return that data. Usability is probably the biggest weakness of Microsoft Dynamics GP.
SL itself is relatively easy to use and most of the Help Files documentation is well kept and outstanding in the amount of information that is given. Most end users pick up the functions quickly and are off and running after some limited training. There will always be questions and research to be done, but overall SL is relatively easy to follow for a seasoned user
We have had only one unplanned outage for 2 hours in the last 30 months. We shut down for 30 min to 1 hour once a month, but that is for Microsoft OS updates to the servers. Being a 24/7 world wide operation, the reliability is really important. We do get an 8 hour window on the weekend that we can be down for a short period to install Microsoft Dynamics SL updates, but we do not have many of those. On our last version upgrade, we shut the users out at 9:30 am and were fully operational in less than 6 hours. The upgrade was New SQL server, New SL server and 2 new Citrix servers.
Many times support will tell you that your issue is an identified bug and will be scheduled in the future to be fixed in a future release. The knowledgebase has gotten worse in recent years and much more difficult to use. many times you can't find the error during the search
Basically the challenge with this implementation was the Business Portal, too many errors and even the aplication is up and running the users are still having issues. We will start planning the migraton to GP 2015 soon.
Just to let it take its course. The implementation for me once I became a part of my former organization was pretty seamless. Just get to know the basics and call the support team to ask questions if you need help on an issue, should they arise. They are ready, willing, and able to help!
Microsoft Dynamics 365 Finance is more robust, and can handle larger, more complex business operations, and have better delineation between corporate management and divisions in a company, but it is not flexible, nor easy to change. It is complex, inflexible, and difficult to incorporate new workflows or business rules to accommodate changes in the business. We have changed over the past decade and while F&O is big and robust, it is not nimble.
Because GP doesn't do CRM we have looked at D365 Customer Engagement for our field service, and F&O as a replacement. Vaporware, no direct upgrade path, and if you want to continue with GP for your back office and just use Field Service it's an insanely complex integration import/export. D365 F&O is a huge implementation cost, and without a direct migration path every bit of data has to be custom imported. There really is no straightforward way to stack up GP against these programs currently. Again, the future of GP is in some doubt.
We started with QuickBooks Enterprise when our company was young. We quickly outgrew this program as it was not able to accommodate the financial reporting we needed to satisfy our investors. QuickBooks was also very limited in managing our revenue as we grew. We did try Great Plains and Peachtree (now Sage 50) and we discovered that they were rather complicated for our users. They were not as easy to maneuver and manipulate as SL and we felt that SL was much more "user friendly" and simplified, but still able to produce the same results.
We have never missed a payroll using Great Plains. We have the ability to fix any issues that come up quickly.
It streamlines our departments that handle money into one unified system. This gives accounting and finance the overall picture in one system.
With Integration Manager we have to worry less about taking time to hand key transactions. This cuts down on entry time and increase efficiency for our clerks.