Overview
What is Microsoft Dynamics SL?
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…
Dynamics SL 2011 - more to be desired!
Non-profit's review of Microsoft Dynamics SL
Project Accounting
Dynamics SL For Project and Crew Based Accounting
Dynamics SL - A strong product for Now and the Future
Microsoft Dynamics SL - Power through Flexibility
My 17 year review of Microsoft Dynamics SL is nothing but POSITIVE!
Microsoft Dynamics SL is quite dynamic!
Great for the Project/Service Oriented Company
Don't Just Sit There, Use Microsoft Dynamics SL Now!
Would not purchase SL today
Dynamics SL-The Right Choice for the Project-Based Organization
Aside from Integration and Reporting, Microsoft Dynamics SL is a Good Small Business Solution
Dynamics SL
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Popular Features
- Accounts payable (10)7.676%
- Single sign-on capability (9)7.474%
- Standard reports (9)7.171%
- Custom reports (9)6.161%
Pricing
What is Microsoft Dynamics SL?
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.
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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Features
Payroll Management
Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.
- 9.6Pay calculation(2) Ratings
Pay calculation provides for computation of employee pay with state and federal deductions.
- 9Direct deposit files(1) Ratings
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
Customization
This addresses a company’s ability to configure the software to fit its specific use case and workflow.
- 6API for custom integration(6) Ratings
An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.
- 6Plug-ins(4) Ratings
A number of third-party plug-ins are available to expand the core functionality of the software.
Security
This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.
- 7.4Single sign-on capability(9) Ratings
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
- 7.3Role-based user permissions(8) Ratings
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Reporting & Analytics
Users can report on and analyze usage, performance, ROI, and/or other metrics of success.
- 7.1Dashboards(5) Ratings
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
- 7.1Standard reports(9) Ratings
The software offers pre-built reports with metrics standard to the category.
- 6.1Custom reports(9) Ratings
Users can create custom reports.
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
- 7.6Accounts payable(10) Ratings
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
- 6Accounts receivable(7) Ratings
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
- 6Global Financial Support(1) Ratings
Account using multiple ledgers, multiple currencies, and multiple entities
- 6.6Primary and Secondary Ledgers(3) Ratings
Record and report across multiple currencies and accounting standards with primary and secondary ledgers
- 7.4Journals and Reconciliations(3) Ratings
Automate and synchronize ledgers and processes
- 7Configurable Accounting(2) Ratings
Configure accounting rules and segments for each chart of accounts
- 7.3Standardized Processes(2) Ratings
Centralize financial management to facilitate standardized financial processes
Inventory Management
The ability to track and manage the flow of goods or materials into and out of an inventory.
- 6Inventory tracking(5) Ratings
The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.
- 1Location management(2) Ratings
The software can track multiple goods across multiple locations.
Order Management
The ability to process orders, and track them from quote to cash.
- 6Pricing(2) Ratings
Users can set up complex and unique pricing requirements.
- 6Order entry(3) Ratings
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
- 7Credit card processing(2) Ratings
The software facilitates credit card processing.
- 7Cost of goods sold(2) Ratings
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
Subledger and Financial Process
Revenue management solution including capabilities for subledgers and financial processes
- 6Billing Management(1) Ratings
Access role-based billing work area, perform discrete and recurring billing
- 7.3Cash and Asset Management(3) Ratings
Manage liquidity and cash requirements, asset transfers, disposals, reclassifications, and financial adjustments
- 5Travel & Expense Management(1) Ratings
Enter expenses from mobile devices, integrate credit card and travel booking, configure policy enforcement
- 6.3Budgetary Control & Encumbrance Accounting(2) Ratings
Control spending at any budget level or time interval
- 7.4Period Close(3) Ratings
Sustain fast close with integrated subledgers, intuitive dashboards, embedded collaboration
Project Financial Management
Project financial management solution including capabilities for project budgeting, cost control, billing and contract management.
- 7.3Budgeting and Forecasting(3) Ratings
Establish project budgets and forecast future project financials
- 6.3Project Costing(3) Ratings
Standardize, track, and control costs at all project phases
- 2.1Cost Capture(2) Ratings
Capture costs including those for procurement, financials or time and labor, including from external systems
- 8Capital Project Management(1) Ratings
Track and manage capital asset costs
- 2Project Revenue Recognition(1) Ratings
Recognize project contract revenue in line with accounting policies and regulations
Grants Management
Grants management solution for higher education, public sector, or non-profits with capabilities for managing financial awards for program and project funding
- 6Award Lifecycle Management(1) Ratings
Manage the life of program funding awards from initial funding to close-out
Manufacturing
Manufacturing solution for managing manufacturing processes and costs.
- 6Production Management(1) Ratings
Centralized critical status information for production supervisors
Supply Chain
Supply Chain Planning solution with capabilities for planning, performance monitoring, change responses and execution.
- 6Inventory Planning(1) Ratings
Establish projected inventory levels, monitor actual levels and compare with projected levels
Product Details
- About
- Integrations
- Competitors
- Tech Details
- FAQs
What is Microsoft Dynamics SL?
Microsoft Dynamics SL Integrations
Microsoft Dynamics SL Competitors
Microsoft Dynamics SL Technical Details
Operating Systems | Unspecified |
---|---|
Mobile Application | No |
Frequently Asked Questions
Comparisons
Compare with
Reviews and Ratings
(68)Attribute Ratings
Reviews
(1-2 of 2)Project Accounting
- Project accounting is linked to the Financial modules - there is no need to duplicate data entry. Reporting in Project Modules is extensive.
- Validation of fields for data entry and solid integrity of data.
- Customizations of screens for data entry for users and addition of fields.
- Purchasing does not have a budget validation to warn or stop a purchase from going over budget on a project level.
- Project budgeting does not have an interface with inventory ids.
- Financial modules could have more quick vewing screens for example a quick way to find the check no. of an invoice.
- Accounts payable
- 90%9.0
- Accounts receivable
- 80%8.0
- Inventory tracking
- 90%9.0
- Automatic reordering
- N/AN/A
- Location management
- N/AN/A
- Pricing
- N/AN/A
- Order entry
- 70%7.0
- Credit card processing
- N/AN/A
- Cost of goods sold
- N/AN/A
- Pay calculation
- 90%9.0
- Benefit plan administration
- N/AN/A
- Direct deposit files
- 90%9.0
- Dashboards
- N/AN/A
- Standard reports
- 80%8.0
- Custom reports
- 90%9.0
- API for custom integration
- 90%9.0
- Plug-ins
- N/AN/A
- Role-based user permissions
- N/AN/A
- Single sign-on capability
- 90%9.0
- Project data is updated quickly and reporting tools available for management daily.
- Vendor implemented
Dynamics SL - A strong product for Now and the Future
- Field service modules (dispatch, contracts and equipment tracking) work very well for us. Each service location has control of their operations, but their service information is visible across the company.
- Multi-company operations are a great benefit. We have 7 individual corporations operating in a single database. there is a single repository for shared information, allowing us to appear as a single seamless operation to our customers, while maintaining separate operational reports and separate and consolidated financial reporting.
- TCO is very competitive. We have invested less than 150 K in the Product and user licenses. Our annual fees for support are under 30 K.
- Dynamics SL has a strong independent Users Group. This resource is very valuable as I know people across the world that are a good forum for seeking answers.
- Customization Manager and the Visual Tools software development kit allows us to easily customize and extend the functionality to meet changing business requirements. We have created solutions for Inter-Company inventory transfers, multi-currency financial reporting and many small changes to enhance productivity
- The field service module is not multi-currency compliant. I would like to have this feature added to the product in the near future. We have customized the modules to print in multiple currencies, but the underlying data is stored in a single base currency.
- Payroll reporting is weak. Workers compensation reporting needs a lot of work. We have outsourced the fulfillment of depository and tax reporting (W-2, tax deposits, reporting and filing.
- Financial reports (FRx and Management Reporter) are slow and cumbersome. We have built our own financial reports and reporting trees that are much faster and more flexible.
- Through tracking productivity gains, in 2012 improvements to the system (customization and business rule enforcement) saved over 1200 hours of employee time. These changes contributed the same effect to the bottom line as increasing sales by 2,000,000 dollars. We had a similar result in 2013.
- Since we can produce changes to the system and new functionality, we are more responsive to the changing needs of an expanding global business. We have been able to fulfill the invoicing and reporting needs of each country in which we do business.
- Customization and modification of the 'out of the box' programs. Using VBA and Customization Manager, there are few things that can not be modified and enhanced to adapt the software to the company.
- Software Development Kit: Although the users do now directly use this product, they see the enhancements that are provided by creating new screens and functionality. We have added over 50 new screens to the product.
- Shared resources (Customers, Vendors, Employees, Inventory Items, Dispatch, Reporting, ...) allows us to expand the number of company without 'Data Synchronization' headaches caused by products that do not let multiple companies reside in a common database.
- We were able to customize the system to create a streamlined way to transfer and track inventory between companies,
- Implemented an extended notes feature that allow for multiple comments and notes that can be attached to any screen.
- Created out own Financial Reporting that is fast and responsive.
- We plan to add more multi-currency reporting ans tracking features.
- Implementation of project accounting is in the short-term future.
- Mobile field service applications are also in the short-term future.