Microsoft Dynamics SL is an enterprise resource planning (ERP) system designed for project-based small and medium-sized businesses. The solution offers industry-specific capabilities for professional services, government contractors, distribution, construction management, and other vertical markets. Microsoft Dynamics SL was originally developed by Solomon Software with the title Solomon IV for Windows. Great Plains acquired the company in 2000 and was itself acquired by Microsoft shortly thereafter. Microsoft Dynamics SL is well-suited for businesses with fewer than five hundred employees.
Microsoft Dynamics SL has applications for financial management, business intelligence, collaboration, field service, IT management, and project management, as well as a business portal application. The advanced management edition provides more features than the basic Business Essentials package. Microsoft Dynamics SL can also support numerous industry-specific add-on applications from Independent Software Vendors (ISVs) who have been specially certified for Microsoft Dynamics.
Microsoft Dynamics SL utilizes Windows and .NET frameworks with the advantage of sharing Microsoft as a common developer. The system can be deployed on-site, or it can be hosted to add services like online training and support. The application runs on the Microsoft SQL Server database platform.
Jeff Leniger from Tennyson Center for Children Specialty: Philanthropy Employees number: 501-1,000 Employees
11/10/2017
11/10/2017
Investigate NetSuite. I've heard it's better.
-The biggest pro with Dynamics SL is the interchange functionality with Excel. Exports from Dynamics SL to Excel have the formulas pre-written, and the formatting isn't great but isn't crazy. Copy and paste a journal entry from Excel to the GL!!! Yes please!
-Subledgers are abundant.
-Useful and simple multicompany reporting.
-Good for project-based accounting I guess.
Where to start? CASH MANAGER AND BANK RECONCILIATIONS. The biggest thing that drives me crazy about Dynamics SL is that users can enter an accounting event, say a check, where the check date is different than the transaction date and both are different than the post date. In other words, there is no control function over periods!!!! One transaction could impact three different periods. Go back to the check example, where a check cut on July 1 could have a period post of June 30 and a transaction date of August 1. The check shows in the GL in June, Cash manager in August, and AP aging and reports in July. Absolutely horrible control for an ACCOUNTING system.
-Not user friendly or simple to use. My staff all have over a year experience and still don't know where certain things are in the system.
-Requires a lot of third-party support, which piles on the consulting fees in addition to the fees paid for annual maintenance to Microsoft.
-DSLUG [Dynamics SL user group] doesn't seem very user friendly either. My guess is that most outstanding organizations are on different software.
I suppose there are a lot of "hidden tricks" which make you valuable if you know the system inside and out, but since most users can't just pick it up off the street [even with an accounting background], they end up paying a lot to the consultants.
Jose Villa from Kings Aire Specialty: Management Consulting Employees number: 13-50 Employees
9/13/2017
9/13/2017
Provides the necessary tools to process a service dispatch function. Have been using Dynamics SL since 2005 and at that time, it was one of the best available software that had the service dispatch module along with the accounting software. We also had a local dealer that helped us implement.
Has not kept up with changing times. Not sure how much Microsoft spend in research and development of Dynamic SL to stay current with changing technology. You have to access various screens to view information that should be available with a click. The service invoices are not connected to payroll, inventory, or purchasing. There are constant bugs in the software that we have to get a third party to fix.