Microsoft Dynamics SL Features

Microsoft Dynamics SL

Enterprise resource planning (ERP) solution

4.07/5 (75 reviews)

Microsoft Dynamics SL Feature Summary

  • Accounting
  • Integration with Microsoft Project Server
  • Business intelligence and reporting
  • Project management
  • Services management
  • Financial management
  • Sales, service and management
  • Business intelligence and reporting
  • Contract management
  • Billing and receipts
  • Construction estimating
  • Project budgeting
  • Budget and finance tracking
  • Project controlling
  • Payroll
  • Cash manager
  • Accounts payable/receivable
  • Bank reconciliation

Finance & Accounting Feature Comparison

Most popular features of all Finance & Accounting apps

API (166 other apps)
Accounting Integration (107 other apps)
Accounting Management (104 other apps)
Activity Dashboard (111 other apps)
Auditing (78 other apps)
Automatic Notifications (100 other apps)
Automatic Reminders (80 other apps)
Billing & Invoicing (114 other apps)
Customizable Reporting (84 other apps)
Data Import/Export (90 other apps)
Electronic Payments (99 other apps)
Expense Tracking (107 other apps)
Invoice Management (158 other apps)
Invoice Processing (95 other apps)
Multi-Currency (92 other apps)
Real Time Data (91 other apps)
Receiving (90 other apps)
Recurring Billing (78 other apps)
Reporting & Statistics (105 other apps)
Third Party Integration (94 other apps)

Competitor Feature Comparison

Microsoft Dynamics SL Feature Reviews

25 reviewers had the following to say about Microsoft Dynamics SL's features:

Hemanshu Parwani

MS Dynamics Review

2016-12-09

It does the GL accounting part fairly well.

Pros

- Low Total Cost of Ownership - Ease of implementation - Reasonable GL accounting module

Cons

- PM capabilities are very limited - Canned system reports are limited - Multi-currency financials are challenging requiring third party solutions.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

5/10

Recommendations to others considering Microsoft Dynamics SL

- Works reasonably well for limited deployment of 1 currency GL accounting function. - the ecosystem of support involving consultants for report writing, maintenance, upgrades is still evolving. - Low Cost of ownership - Quick time to Value.

Source: Software Advice
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Diego Grancini

Review of Microsoft Dynamics SL

2016-11-17

We manage by budget for each project and have never had an issue or need for additional information. Time and Expense capturing by employees is painless and efficient.

Pros

Multi-Currency - We use three different currencies, and Dynamics allows us to easily create journal entries, raise sales invoices, and receive payments in any of those currencies.

Cons

Integration with other Systems

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Software Advice
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Srajan Rastogi

Review of Microsoft Dynamics SL

2016-11-15

Organizations that have challenging project accounting needs should definitely review this product.

Pros

Flexible reporting and billing.

Cons

Improve the budgeting and forecasting.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Software Advice
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magdalene inston

Micooft Dynamics SL - Making Accounting Much Easier

2016-08-31

Pros

For my company, less time needs to be invested to create invoices from timecards.

Cons

•When we have a lot of invoices rather than just a few large invoices, it can be frustrating 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 but its ok

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Likelihood to recommend

10/10

Recommendations to others considering Microsoft Dynamics SL

Be truthful about the product and what it can do since it does live up to its name. Dynamic.

Source: Software Advice
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Allen Hoke

An amazing software with great UI!

2016-11-15

Microsoft Dynamics SL delivers integrated project management and accounting capabilities that provide increased control and insight.

Pros

Simple and easy to use. Multi-company operations are a great benefit.

Cons

The field service module is not multi-currency compliant.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Software Advice
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Michael Mahoney

Dynamics SL - the gem of the Microsoft Dynamics line-up

2009-07-01

A well-refined product with a large worldwide user base and robust reseller channel. For project and fund-based organizations, you can't beat this product. It gets less attention than its sibling, Dynamics GP, but I think it's the hidden gem of the Microsoft Dynamics line-up.

Pros

Strong: * time & expense * project costing and allocation * billing * integration with SharePoint

Cons

Weak: * e-commerce * manufacturing and distribution functionality

Rating breakdown

Ease of use
Customer support
Source: Capterra
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Yanli Zhang

Dynamic SL accounting

2017-01-23

This is a great product for accounts receivable, accounts payable and general ledger.

Pros

You can copy/paste from Excel to Dynamic for some of the data entry which is so convenient.

Cons

Reporting is a weakness.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

8/10

Recommendations to others considering Microsoft Dynamics SL

You have to understand what you are really looking for in terms of functionality. Do your homework.

Source: Software Advice
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Holly Stitley

Have used Dynamics SL for around 8 years. Very comfortable with it and pretty easy to get use to.

2018-01-09

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

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

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
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Charlene Wilkinson

11 years of satisfaction

2016-06-24

Pros

Microsoft Dynamics SL has a very user friendly AP/AR/GL data entry system.

Cons

You are able to export the data into Excel to get the reports you need but there is not an easy/automated way to get those reports.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Likelihood to recommend

7/10

Recommendations to others considering Microsoft Dynamics SL

Know what you need, how you would use your software, get references/feedback from current users and talk to the customer support team. If you are looking for a great data entry system with a decent priced unlimited user support, then this is worth looking into.

Source: Software Advice
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Desirae Szloboda

Microsoft Dynamics SL

2017-02-11

It doesn't seem to be as flexible or customizable as Salesforce, but still a very nice option.

Pros

I like the integration with Office 365.

Cons

It's flexibility.

Rating breakdown

Value for money
Ease of use
Features

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

8/10

Recommendations to others considering Microsoft Dynamics SL

Certainly worth checking out and taking a test drive.

Source: Software Advice
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sagar chawdhry

Review of Microsoft Dynamics SL

2016-11-08

It is a very efficient software for small and midsize companies which require project and product management.

Pros

Strong Distribution Series Strong Financial Capabilities and Multi-company / Intercompany

Cons

The technology seems very old It does not have other modules like Grant Management, National Accounts and Fixed Assets.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

9/10

Recommendations to others considering Microsoft Dynamics SL

I recommend this.

Source: Software Advice
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Vikash Kumar

Review of Microsoft Dynamics SL

2016-11-01

We use Microsoft Dynamics SL as our financial software handling all accounting operations and as a financial reporting base.

Pros

Easy to create debits and credits to applicable accounts. Built on a SQL Server back-end.

Cons

Difficult to reverse an incorrect entry.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Software Advice
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Jose Villa

Dynamic SL Review

2017-09-13

Pros

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.

Cons

There are constant bugs in the software that we have to get a third party to fix.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

1/10
Source: Software Advice
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Jaspal Singh

Review of Microsoft Dynamics SL

2016-11-15

I am in accounting so most of my business problems are monetary.

Pros

The flexibility of creating your reports to suite your company needs is a great asset of this product.

Cons

I would like to have a feature that allows you to preview the affect of a journal entry before it posts.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Software Advice
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Anonymous
( company, 11-50 employees)

This product helps a lot of larger contractors effectively.

2018-03-23

Helps our team plan logistics quickly and integrate our routes efficiently for our jobs.

Pros

You can iframe forms within your website to pull all your data directly into the CRM (a much cheaper option than having a developer build api connections that auto populate the information).

Cons

I would say this is a pretty expensive product compared to what is out there. Once you get over that size though, this is a good pick.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

8/10
Source: Capterra
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Jeff Leniger

Tough to use, makes reconciliations a nightmare

2017-11-10

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.

Cons

-Requires a lot of third-party support, which piles on the consulting fees in addition to the fees paid for annual maintenance to Microsoft.

Rating breakdown

Value for money
Ease of use
Features

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

3/10
Source: Software Advice
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Michelle Weingarth

We have been able to customize SL to make it work for our company needs

2018-03-07

Pros

This software is easy to pull any data you need through quick queries with the export to excel feature.

Cons

There is quite a bit of setup going into programming to get it to run the way you need it because there's different pieces to get the system to work.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
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Adarsh Singh

Review of Microsoft Dynamics SL

2016-11-15

Dynamics SL, like Dynamics NAV has a tremendous toolset for customizing. If you allow the customizing to occur-make sure that you have the staff or budget to support lots of customizations as the mods do make support and upgrading a bit more challenging.

Pros

Strong independent Users Group. TCO is very competitive.

Cons

The field service module is not multi-currency compliant.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Software Advice
Helpful?   Yes   No
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Emmanuel Sabaa

Work with the it between 2000 to 2007 in international organisation

2016-09-14

Pros

Not the one who setup the product, but found it very easy to use in multi-project environment

Cons

The preparation and management of 'resource and application of funds' was manually calculated making it a little problematic

Rating breakdown

Ease of use
Features

Time used: 2+ years

Likelihood to recommend

8/10

Recommendations to others considering Microsoft Dynamics SL

the best for multi-project accounting and project management

Source: Software Advice
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Tania Harris

Great pruduct

2016-10-11

This is a great product wind faster with many features to make your job more easy and faster to complete.

Pros

It has many features such as: Project Correcting Timecards, helps me track projects expenses reports, project analyst.        

Cons

It takes time to learn all of the features which can slow you down at the beginning.

Rating breakdown

Value for money
Ease of use
Features

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

9/10

Recommendations to others considering Microsoft Dynamics SL

Take your time researching the diff. tools, it is worthy at the end when you are able to know what each tool does and how it can help your project planning.

Source: Software Advice
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Jennifer Bauder

Perfect for Project Based Accounting

2017-09-05

This is a real accounting system, if you've got people who have never used anything but Quickbooks, you're in for a big mess!

Pros

It interfaces with our purchase order software (Sapphire Build) and gives us the detailed job cost we were lacking from our old accounting software.

Cons

It is not very user friendly. Training is almost non existent for it, and it isn't a widely used software.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Other

Likelihood to recommend

8/10
Source: Software Advice
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Gerson Madrid

Identify the modules you need and focus on that

2018-01-11

Once you configure and deploy this solution, you get a better understanding of your clients businesses.

Pros

Multi Company functionality is fantastic.

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Other

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
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Charlene Wilkinson

Microsoft Dynamics SL - Accounting

2017-01-19

This system is very easy to use in a menu driven sort of way.

Pros

Menu-driven, easy.

Cons

Reports need to be customized, not able to do some year-end reports so you have to do those manual.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

7/10

Recommendations to others considering Microsoft Dynamics SL

DO your research. This could be your best option.

Source: Software Advice
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Bill Aiton

Implemented Dynamics SL over the last 20 years.

2015-02-04

Pros

I like that it's flexible, customizable, and has deep project functionality and excellent financial capability.

Cons

Sometimes the depth of features means that it is time-consuming to implement and learn.

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend

10/10

Recommendations to others considering Microsoft Dynamics SL

Find an experienced implementation firm to help implement and allow appropriate time for a successful outcome. Don't underestimate the requirements for internal strong staff.

Source: Software Advice
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Yanli Zhang

Non profit organization experience

2016-06-08

Pros

Flexible and easy to use, customer service are very knowledgeable and you most likely have the same support person for each module.

Cons

It would be better to improve reporting functionality

Rating breakdown

Ease of use
Features
Customer support

Time used: 2+ years

Likelihood to recommend

9/10

Recommendations to others considering Microsoft Dynamics SL

If you want a good reporting software, this may not fits you

Source: Software Advice
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