TrustRadius Top Rated Accounting Software for Mid-Size Companies 2015

Microsoft Dynamics SL

Accounting Software

Software Profile & Review Summary

Microsoft Dynamics SL is one of the family of Dynamics products. It was originally developed by Solomon Software and acquired by Great Plains in 2,000 and then subsequently by Microsoft in 2001. The Dynamics SL product is designed for project management and project accounting and has particular strength in the construction and residential homebuilder, and government contractor vertical markets.

The product incorporates financial accounting, manufacturing, field services, supplies chain and ecommerce capabilities and provides project managers with specific features regarding budgeting, job costing, materials management etc. critical to managing, for example, large scale construction projects.

*http://www.erpsoftwareblog.com/2015/03/how-many-companies-use-microsoft-dynamics-erp/
Company Status: Public
Best Fit For: Mid-sized companies with project management and project accounting requirements; companies in the construction, homebuilder or government contractor industries
Most Compared To: SAP Business One
Customers: 13,500*
Employees: N/A

Microsoft Dynamics SL Customer Distribution

Microsoft Dynamics SL Customer Distribution Pie Chart

Aggregate User Ratings of Microsoft Dynamics SL on TrustRadius

Source: (14) User reviews of Microsoft Dynamics SL on TrustRadius
Rating Attribute Microsoft Dynamics SL Rating # of Reviewers Contributing to Rating Average Accounting Software Average Rating
Likelihood to recommend 8.0 14 8.1
Likelihood to renew 5.9 8 8.5
Product usability 8.2 5 8.7
Support 7.3 4 7.4
Implementation satisfaction 9.3 4 8.1

Summary of Microsoft Dynamics SL Reviews

Source: (14) User reviews of Microsoft Dynamics SL on TrustRadius
Microsoft Dynamics SL Pros Microsoft Dynamics SL Cons
Excellent core accounting functionality
Standard accounting functionality for A/P, A/R, and G/L transactions are first-rate and well integrated with project accounting and inventory and field service. Many add-on products available.
Reporting
Reporting is not robust. There are many canned reports per module, but they are not intuitive and are difficult to run. Data can be exported to Excel, but requires cleanup. There is access to SQL Services Reporting Services, but use of SSRS requires some technical know-how.
Multi-company accounting
Software is well designed for multi-entity companies with a single database and strong cost allocation capabilities. Very easy to add companies and dub-accounts.
Fixed asset and electronic banking
The product does not have native functionality for fixed asset accounting or electronic banking, but requires third-party add-ons to handle these functions.
Customization
High-quality Software Developer's Kit (SDK) for complex customizations and integrations, VB scripting for form customizations.
Budgeting and planning
Budgeting and planning capabilities are not strong but there are good 3rd-party tools to fill the gap.
Business portal
Role-based access through the business portal is useful, but does not provide all functionality.

Inventory
Deep functionality for distributors: inventory, sales orders, etc.

Microsoft Dynamics SL Response to Reviewer Feedback

The Microsoft Dynamics SL product is designed for project management and project accounting and has particular strength in the professional services, construction and residential homebuilder, and government contractor vertical markets.

The product incorporates financial accounting, manufacturing, field services, and supply chain and provides project managers with specific features regarding budgeting, job costing, newly enhanced resource management, materials management etc. critical to managing, for example, large scale construction projects.

Reporting
The Microsoft Dynamics SL 2015 release includes reporting enhancements address many of the reporting items. Examples: Quick Query features (ad-hoc query tool that can export data to a connected excel document), Meta data enhancements provide full descriptions to field names and value fields with a full list of valid values lookups added to the Reporting features and more.

Business Portal
The Business Portal has been replaced with Web Apps.

Web Apps
The web apps provide remote access to Microsoft Dynamics SL via tablet, smartphone as well as desktop machines. The initial release provides Project managers and employees access to commonly used features, such as time & expense entry as well as maintenance are reporting needs. Microsoft Dynamics SL is adding more and more Web Apps for project and non-project related features remotely.