Microsoft Dynamics SL Features

Microsoft Dynamics SL

Enterprise resource planning (ERP) solution

4.06/5 (84 reviews)

Microsoft Dynamics SL Feature Summary

  • Organize and schedule tasks and set project goals
  • Centralized accounting record which tracks all financial transactions
  • Access the software remotely via mobile devices
  • Review, approve and cancel requests for goods/services to be purchased
  • A set of indicators that tracks how well an organization, a division, or a particular project are performing
  • Buy necessary items in compliance with established business policies
  • Specialized for organizations who focus on residential (ie. single family homes) construction projects
  • Plan and coordinate all the resources, costs and time needed to execute assignments
  • Built-in accounting or integration with a third party accounting system
  • Track the amount of time spent on a job or task
  • Track money owed to a company's creditors/suppliers
  • Specialized for organizations who focus on commercial (ie. office buildings) construction projects
  • Upload, track, and submit receipts in a central database
  • Track actual spending to ensure it's in line with the planned budget
  • Collection, handling, management and usage of an organization's funds
  • Identify and maintain components (i.e. servers, configuration information, software, etc.) and their relationships across all service
  • An electronic record of patients, clinical documentation, created and stored digitally
  • Track and process employee payroll (salaries, wages, etc.)
  • Compare and match accounting/financial records with corresponding bank statements
  • Manage and track financials on a project-to-project basis
  • Follow the delivery of sent items through dispatch notifications, statuses, item location tracking, estimated delivery time etc.
  • Calculate total itemized costs, including initial costs and any changes
  • Log and record hours worked and costs spent to assist in billing and invoicing
  • Track and manage the quantity of resources on hand to maintain proper supply
  • Dashboard to view activity
  • Create quotes/proposals and maintain a central repository of previous quotes
  • Ability to work collectively on a project while communicating and sharing information within the system in real time
  • Supports the planning and execution of supply chain transactions to from raw materials procurement to production and delivery.
  • Create, send, and track purchase orders and their statuses
  • Form predictions based on past and present data/trends
  • View and track pertinent metrics
  • Allocate expenses needed
  • Create and manage monetary interactions between parties (i.e. bills and invoices)
  • Track outstanding invoices and the money owed from clients
  • Monitor the position or progress of tasks or projects from start to finish
  • Integrate with a third party accounting system
  • Organize and manage the accomplishments and development of employees
  • Track, store, and access client/customer contracts
  • Provide a comprehensive overview of organization's finances
  • Alter the layout and content of reports

Competitor Feature Comparison

"What If" Scenarios
API
Access Controls/Permissions
Accounting
Accounting Integration
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
Ad hoc Analysis
Ad hoc Reporting
Asset Management
Automatic Billing
Bank Reconciliation
Billing & Invoicing
Budget Tracking/Job Costing
Budgeting/Forecasting
CRM
Capacity Management
Cash Management
Charting
Client Portal
Collaboration Tools
Commercial
Compliance Management
Configuration Management
Consolidation/Roll-Up
Construction Breakdowns
Contact Database
Contact Management
Contract/License Management
Cost-to-Completion Tracking
Customizable Reports
Customizable Templates
Dashboard
Delivery Tracking
Document Management
Drag & Drop
Expense Tracking
Financial Analysis
Financial Management
Financial Reporting
Forecasting
Gantt/Timeline View
General Ledger
Income & Balance Sheet
Inventory Management
Invoice Management
Job Costing
Key Performance Indicators
Marketing Automation
Milestone Tracking
Mobile Access
Multi-Company
Multi-Currency
Multi-Department/Project
Multiple Projects
Nonprofits
Order Management
Payment Processing
Payroll Management
Performance Management
Performance Metrics
Predictive Analytics
Profit/Loss Statement
Profitability Analysis
Project Accounting
Project Estimating
Project Management
Project Planning
Project Time Tracking
Project Tracking
Projections
Proposal Generation
Purchase Order Management
Purchasing & Receiving
Qualitative Analysis
Quantitative Analysis
Quotes/Estimates
Real Time Analytics
Real Time Data
Receipt Management
Recurring/Subscription Billing
Reporting & Statistics
Reporting/Analytics
Reporting/Project Tracking
Requisition Management
Residential
Resource Scheduling
Sales Orders
Scorecards
Search/Filter
Skills Tracking
Strategic Planning
Supplier Management
Supply Chain Management
Task Management
Template Management
Time & Expense Tracking
Time Tracking
Timesheet Management
Utilization Reporting
Version Control
Visual Analytics
Learn moreCompare App
"What If" Scenarios
API
Access Controls/Permissions
Accounting
Accounting Integration
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
Ad hoc Analysis
Ad hoc Reporting
Asset Management
Automatic Billing
Bank Reconciliation
Billing & Invoicing
Budget Tracking/Job Costing
Budgeting/Forecasting
CRM
Capacity Management
Cash Management
Charting
Client Portal
Collaboration Tools
Commercial
Compliance Management
Configuration Management
Consolidation/Roll-Up
Construction Breakdowns
Contact Database
Contact Management
Contract/License Management
Cost-to-Completion Tracking
Customizable Reports
Customizable Templates
Dashboard
Delivery Tracking
Document Management
Drag & Drop
Expense Tracking
Financial Analysis
Financial Management
Financial Reporting
Forecasting
Gantt/Timeline View
General Ledger
Income & Balance Sheet
Inventory Management
Invoice Management
Job Costing
Key Performance Indicators
Marketing Automation
Milestone Tracking
Mobile Access
Multi-Company
Multi-Currency
Multi-Department/Project
Multiple Projects
Nonprofits
Order Management
Payment Processing
Payroll Management
Performance Management
Performance Metrics
Predictive Analytics
Profit/Loss Statement
Profitability Analysis
Project Accounting
Project Estimating
Project Management
Project Planning
Project Time Tracking
Project Tracking
Projections
Proposal Generation
Purchase Order Management
Purchasing & Receiving
Qualitative Analysis
Quantitative Analysis
Quotes/Estimates
Real Time Analytics
Real Time Data
Receipt Management
Recurring/Subscription Billing
Reporting & Statistics
Reporting/Analytics
Reporting/Project Tracking
Requisition Management
Residential
Resource Scheduling
Sales Orders
Scorecards
Search/Filter
Skills Tracking
Strategic Planning
Supplier Management
Supply Chain Management
Task Management
Template Management
Time & Expense Tracking
Time Tracking
Timesheet Management
Utilization Reporting
Version Control
Visual Analytics
Visit WebsiteCompare App
"What If" Scenarios
API
Access Controls/Permissions
Accounting
Accounting Integration
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
Ad hoc Analysis
Ad hoc Reporting
Asset Management
Automatic Billing
Bank Reconciliation
Billing & Invoicing
Budget Tracking/Job Costing
Budgeting/Forecasting
CRM
Capacity Management
Cash Management
Charting
Client Portal
Collaboration Tools
Commercial
Compliance Management
Configuration Management
Consolidation/Roll-Up
Construction Breakdowns
Contact Database
Contact Management
Contract/License Management
Cost-to-Completion Tracking
Customizable Reports
Customizable Templates
Dashboard
Delivery Tracking
Document Management
Drag & Drop
Expense Tracking
Financial Analysis
Financial Management
Financial Reporting
Forecasting
Gantt/Timeline View
General Ledger
Income & Balance Sheet
Inventory Management
Invoice Management
Job Costing
Key Performance Indicators
Marketing Automation
Milestone Tracking
Mobile Access
Multi-Company
Multi-Currency
Multi-Department/Project
Multiple Projects
Nonprofits
Order Management
Payment Processing
Payroll Management
Performance Management
Performance Metrics
Predictive Analytics
Profit/Loss Statement
Profitability Analysis
Project Accounting
Project Estimating
Project Management
Project Planning
Project Time Tracking
Project Tracking
Projections
Proposal Generation
Purchase Order Management
Purchasing & Receiving
Qualitative Analysis
Quantitative Analysis
Quotes/Estimates
Real Time Analytics
Real Time Data
Receipt Management
Recurring/Subscription Billing
Reporting & Statistics
Reporting/Analytics
Reporting/Project Tracking
Requisition Management
Residential
Resource Scheduling
Sales Orders
Scorecards
Search/Filter
Skills Tracking
Strategic Planning
Supplier Management
Supply Chain Management
Task Management
Template Management
Time & Expense Tracking
Time Tracking
Timesheet Management
Utilization Reporting
Version Control
Visual Analytics
Learn moreCompare App

Microsoft Dynamics SL Feature Reviews

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

Hemanshu P.

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
Helpful?   Yes   No
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Diego G.

Review of Microsoft Dynamics SL

2016-11-17

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
Helpful?   Yes   No
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Srajan R.

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
Helpful?   Yes   No
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Allen H.

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
Helpful?   Yes   No
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Yanli Z.

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
Helpful?   Yes   No
Read more
magdalene i.

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
Helpful?   Yes   No
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sagar c.

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
Helpful?   Yes   No
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Charlene W.

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
Helpful?   Yes   No
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Michael M.

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
Helpful?   Yes   No
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Holly S.

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

Reporting is great.

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.

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
Helpful?   Yes   No
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Desirae S.

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
Helpful?   Yes   No
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Vikash K.

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
Helpful?   Yes   No
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Jaspal S.

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
Helpful?   Yes   No
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Emmanuel S.

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
Helpful?   Yes   No
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Charlene W.

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
Helpful?   Yes   No
Read more
Jeff L.

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
Helpful?   Yes   No
Read more
Jose V.

Dynamic SL Review

2017-09-13

Pros

Provides the necessary tools to process a service dispatch function.

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
Helpful?   Yes   No
Read more
Yanli Z.

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
Helpful?   Yes   No
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Janet L.

Dynamics is great

2020-07-24

Its been great as I am able to get my reports and business analysis.

Pros

I like Dynamics as it one of the better ERP systems and is easier to use than the traditional ERP systems.

Cons

There wasn't anything that I disliked about Dynamics as all the features are available and is easy to use once familiar.

Rating breakdown

Ease of use
Features

Time used: 1-2 years

Frequency of use: Occasionally

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
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Claudia D.

Dynamics

2017-01-12

The system is fairly easy to use.

Pros

I like the accuracy of the reports you can run within this system.

Cons

I hate when batches get stuck in unreleased mode or manual checks don't post to vendor history.

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

Fully train your employees and have a great Customer service support system.

Source: Software Advice
Helpful?   Yes   No
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Tania H.

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
Helpful?   Yes   No
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Zach N.

DynamicsSL!

2020-07-27

Pros

We use this program for all our company records including invoicing, payroll, contracts, etc.

Cons

Double clicking can cause the whole system to malfunction for some reason

Rating breakdown

Ease of use
Features

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Adarsh S.

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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Bill A.

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
Helpful?   Yes   No
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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
Helpful?   Yes   No
Read more