Microsoft Dynamics SL Overview
What is Microsoft Dynamics SL?
Microsoft Dynamics SL is an enterprise resource planning (ERP) solution that combines project and financial management capabilities to help small and midsize businesses manage customer demands, keep up with compliance regulations, and deliver services on time and on budget.
Microsoft Dynamics SL covers the financial and accounting aspects of popular industries such as construction, government contracting, professional services, distribution and more. By automating these financial processes and report generation, Microsoft Dynamics SL compiles all essential finance data for managing more effective business workflows.
The Microsoft Dynamics SL software is completely web based and mobile friendly, providing users with complete control over project management/estimating from the office and on the go. Users can get in-depth breakdowns into project management - success, tracking, cost, pricing, invoices, payments, time and more. Microsoft Dynamics SL gives users control over accounting functions (both payable and receivable) which can be exported into Excel. Users can also view a historic view of accounts, as well as billing and receipts.
Microsoft Dynamics SL Overview
Pricing
Pricing options
Contact Microsoft for detailed pricing information.
Microsoft Dynamics SL Features
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Microsoft Dynamics SL Reviews
Microsoft Dynamics SL Reviews
Identify the modules you need and focus on that
Once you configure and deploy this solution, you get a better understanding of your clients businesses.
Have used Dynamics SL for around 8 years. Very comfortable with it and pretty easy to get use...
Using them daily, I understands many ins and outs. I've been cross trained over the years in many of the modules. I understand there will be an upgrade coming in the near future and look forward to seeing a preview of it.
Tough to use, makes reconciliations a nightmare
Investigate NetSuite. I've heard it's better.
SL may be a legacy product but provides solid value
It has been in use at my company for 14 years. While lacking a modern UI, it has been a good value for the investment.
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Identify the modules you need and focus on that
Pros
Multi Company functionality is fantastic. This is a product designed to empower your people and making them more productive. It's focused on Financial and projects deployments. Provides the tools to share information across the company. Budgets, Invoices, projects and information in general.
It's scalable and focused on Professional Services, Government Conntractors, Service in General, Distribution and we can say that Construction can be an industry that is perfect for this software.
Cons
It requires some hardware resources that can be overwhelming for small businesses. But the more you allocate for this area, the bigger the reward.
Have used Dynamics SL for around 8 years. Very comfortable with it and pretty easy to get use to.
Using them daily, I understands many ins and outs. I've been cross trained over the years in many of the modules. I understand there will be an upgrade coming in the near future and look forward to seeing a preview of it.
Pros
Reporting is great. I use reports weekly for time sheets when entering in payroll, for commission data. All of the look up screens are simple and give great information-- such as in the modules for Accounts Receivable, Accounts Payable, Purchasing, and General Ledger.
Cons
Different modules do not speak to one another. You have to go to several different modules to complete a task, so multiple windows must be open at a time. It tends to slow down our servers and sometimes crashes when you are in the middle of something.
Tough to use, makes reconciliations a nightmare
Investigate NetSuite. I've heard it's better.
Pros
-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.
Cons
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.
Honest review
The best programm I have ever used in this field
Pros
Designed to empower my employees ; make them more productive and the most important thing is basically it makes our work more easier.
Cons
Not suitable for small business because it's allitel bit expensive for just starting business
SL may be a legacy product but provides solid value
It has been in use at my company for 14 years. While lacking a modern UI, it has been a good value for the investment.
Pros
The ability to develop custom software modules using their tools. We created three robust modules that integrate with core financial, project and distribution modules.
Cons
Microsoft doesn’t seem to put much investment in the product any longer. The legacy VB.Net Windows client is dated.
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Microsoft Dynamics SL Pricing
Microsoft Dynamics SL Pricing
Contact Microsoft for detailed pricing information.
Contact Microsoft for detailed pricing information.
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Microsoft Dynamics SL Features
Microsoft Dynamics SL Features
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Categories
Categories
Additional information for Microsoft Dynamics SL
Additional information for Microsoft Dynamics SL
Key features of Microsoft Dynamics SL
- Accounting
- Accounts payable/receivable
- Bank reconciliation
- Billing and receipts
- Budget and finance tracking
- Business intelligence and reporting
- Cash manager
- Construction estimating
- Contract management
- Financial management
- Integration with Microsoft Project Server
- Payroll
- Project budgeting
- Project controlling
- Project management
- Sales, service and management
- Services management
Benefits
Microsoft Dynamics SL FAQs
Microsoft Dynamics SL FAQs
Below are some frequently asked questions for Microsoft Dynamics SL.
Q. What type of pricing plans does Microsoft Dynamics SL offer?
Microsoft Dynamics SL offers the following pricing plans:
Pricing model: Subscription
Free Trial: Available
Contact Microsoft for detailed pricing information.
Q. What are the main features of Microsoft Dynamics SL?
Microsoft Dynamics SL offers the following features:
- Accounting
- Accounts payable/receivable
- Bank reconciliation
- Billing and receipts
- Budget and finance tracking
- Business intelligence and reporting
- Cash manager
- Construction estimating
- Contract management
- Financial management
- Integration with Microsoft Project Server
- Payroll
- Project budgeting
- Project controlling
- Project management
- Sales, service and management
- Services management
Q. Who are the typical users of Microsoft Dynamics SL?
Microsoft Dynamics SL has the following typical customers:
Small Business, Mid Size Business
Q. What languages does Microsoft Dynamics SL support?
Microsoft Dynamics SL supports the following languages:
Arabic, Czech, Danish, Dutch, English, Finnish, French, German, Hebrew, Hungarian, Indonesian, Irish, Italian, Japanese, Norwegian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish
Q. What type of pricing plans does Microsoft Dynamics SL offer?
Microsoft Dynamics SL has the following pricing plans:
Subscription
Q. Does Microsoft Dynamics SL support mobile devices?
We do not have any information about what devices Microsoft Dynamics SL supports
Q. What other apps does Microsoft Dynamics SL integrate with?
Microsoft Dynamics SL integrates with the following applications:
Ariett AP Invoice Automation, Astea Alliance, AvidXchange, Captio Expenses, ConnectWise Manage, Elmo Solutions, Nexus, OnPay Solutions, Panorama Necto, Paypool
Q. What level of support does Microsoft Dynamics SL offer?
Microsoft Dynamics SL offers the following support options:
Forum, Online Support, Video Tutorials
Once you configure and deploy this solution, you get a better understanding of your clients businesses.