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.
We started with QuickBooks Enterprise when our company was young. We quickly outgrew this program as it was not able to accommodate the financial reporting we needed to satisfy our investors. QuickBooks was also very limited in managing our revenue as we grew. We did try Great …
MIP is a more robust product with more comprehensive modules that is tailored toward a non-profit accounting environment. The reporting and GL analysis features on MIP is also a lot more robust than Dynamics SL and the interface within MIP is designed to tailor to user needs. …
Dynamics SL provides built in complex project accounting flexibility with the benefit to accommodate additional complexity with customization tools to enhance the system capabilities and fill requirement gaps either as to process, reporting, or controls.
I have been on this product for 17 years. I have worked with Great Plains and have worked with products in the Health Care industry and believe this product pulls in all the main functionality into basic core modules and allows users to quickly grasp how to use the product. …
Of the comparable mid-range ERP systems, Dynamics SL competes at the lower end based on price, but also above the high-end based on flexibility, data, and reporting. Being able to stay with the same core accounting from a $100 million dollar company to a $3 billion dollar …
They were both pretty easy to use, but I started using Microsoft Dynamics SL so it was a matter of knowing and becoming familiar with this program first. I became very accustomed to the modules and how to navigate the program.
I have used QuickBooks when I was in college and I did enjoy it mainly because that was my first experience with an accounting product like that. I did not switch to Microsoft Dynamics; it was the product used in the first company I received a job in. Although I did not select …
QuickBooks is not a bad solution, but it is typically used by smaller companies since it is not a true, auditable accounting system. Dynamics is much more robust than QuickBooks and handles complex accounting much better.
FinancialForce may be a good option if you are looking …
QuickBooks is a good entry point software. Dynamics is the next logical progression in a company's growth. Dynamics SL will allow for rapid growth and provide the necessary controls that QuickBooks is lacking.
I have evaluated many competitive products in the past. Dynamics Nav, Mass90, Dynamics GP, Platinum and others. This product is ahead in TCO and flexibility. Since the customization uses standard Microsoft tools (VBA, Visual Studio, and MS SQLServer, Object Model) it is much …
SL is lacking in various places for a direct sales type of company plan. Currently, we are looking into other options and have decided on Microsoft Dynamics AX as a solution. The move to AX will allow us to keep ordering in one system instead of two (right now we are forcing SL …
We used Connectwise, which did a good job costing function, but had to be periodically integrated and lacked some reporting capability. We looked at GP but it does not have good project accounting, so it was not a good fit for our company. We looked at NAV but there was too much …
We selected Dynamics SL because our business lives and dies by the success of our projects. A product that can tell you that you have a problem before you invoice, helps you get your project back on track much better. It's also much easier to evaluate across projects, tasks and …
S2K offered a system that could be used by various departments. There were modules for accounting, customer service, order entry, and web development. The ability to customize the website integration was a plus. S2K allows the option to have products in different warehouse …
Features
Microsoft Dynamics SL
S2K Enterprise
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics SL
8.5
Ratings
17% above category average
S2K Enterprise
-
Ratings
Pay calculation
9.60 Ratings
00 Ratings
Direct deposit files
9.00 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics SL
6.0
Ratings
23% below category average
S2K Enterprise
-
Ratings
API for custom integration
6.00 Ratings
00 Ratings
Plug-ins
6.00 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics SL
7.3
Ratings
11% below category average
S2K Enterprise
-
Ratings
Single sign-on capability
7.40 Ratings
00 Ratings
Role-based user permissions
7.30 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics SL
6.8
Ratings
6% below category average
S2K Enterprise
-
Ratings
Dashboards
7.10 Ratings
00 Ratings
Standard reports
7.10 Ratings
00 Ratings
Custom reports
6.10 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics SL
7.4
Ratings
4% below category average
S2K Enterprise
-
Ratings
Accounts payable
7.60 Ratings
00 Ratings
Accounts receivable
6.00 Ratings
00 Ratings
Global Financial Support
6.00 Ratings
00 Ratings
Primary and Secondary Ledgers
6.60 Ratings
00 Ratings
Journals and Reconciliations
7.40 Ratings
00 Ratings
Configurable Accounting
7.00 Ratings
00 Ratings
Standardized Processes
7.30 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics SL
4.3
Ratings
59% below category average
S2K Enterprise
-
Ratings
Inventory tracking
6.00 Ratings
00 Ratings
Location management
1.00 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics SL
6.7
Ratings
16% below category average
S2K Enterprise
-
Ratings
Pricing
6.00 Ratings
00 Ratings
Order entry
6.00 Ratings
00 Ratings
Credit card processing
7.00 Ratings
00 Ratings
Cost of goods sold
7.00 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Microsoft Dynamics SL
5.8
Ratings
25% below category average
S2K Enterprise
-
Ratings
Billing Management
6.00 Ratings
00 Ratings
Cash and Asset Management
7.30 Ratings
00 Ratings
Travel & Expense Management
5.00 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
6.30 Ratings
00 Ratings
Period Close
7.40 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Microsoft Dynamics SL
4.7
Ratings
47% below category average
S2K Enterprise
-
Ratings
Budgeting and Forecasting
7.30 Ratings
00 Ratings
Project Costing
6.30 Ratings
00 Ratings
Cost Capture
2.10 Ratings
00 Ratings
Capital Project Management
8.00 Ratings
00 Ratings
Project Revenue Recognition
2.00 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Microsoft Dynamics SL
6.3
Ratings
17% below category average
S2K Enterprise
-
Ratings
Award Lifecycle Management
6.00 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Microsoft Dynamics SL
6.0
Ratings
21% below category average
S2K Enterprise
-
Ratings
Production Management
6.00 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
In the service series, there is a weakness in applying revenue recognition concepts which are a strong point of the project series. It is difficult to get a period sensitive WIP that could be recreated at any time for a point in time (fiscal period).
This ERP is suited for products that do not require customizations or personalization. Ideally, if you are selling a product as is, then S2K will fit your needs. Make sure to have all of the requirements for each piece laid out. For instance, with products - know all of your attributes and functionality for product pages ahead of time. Include this in the presentation for ERP selection. Ask what functionality is out of the box, and what is a customization. Ask for quotes ahead of time. This may increase the overall cost of the ERP as well as the time it takes to launch. Example: Product reviews, cross sells, remarketing, abandoned cart integration, etc
Ability to add companies, and sub-accounts on the fly allows for the growth of the system without conversions, and flexible reporting allows for the quick utilization of the data.
Multi-Company allows for easy and automated data entry and reporting across multiple legal entities and business segments.
Multi-Company also allows for easy centralization of business processes (AP check writing and Fixed Assets for example), while spreading data entry across the enterprise.
Ability to Copy/Paste into Dynamics SL has always been a strength- especially from Excel. The additional power of being able to use Excel for a myriad of calculations, including complex allocations, and formatting the result into a JE to paste directly into the Journal Entry Screen has saved countless hours in data-entry, and made re-use of complex items very easy.
When we have a lot of invoices rather than just a few large invoices, we can be frustrated 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 such as Avalara and CCH.
It would be nice if the fixed assets module and electronic banking were not third party.
Unfortunately, Dynamics' lack of ability to smoothly integrate with our CRM system is causing us to look at other solutions. The efficiencies that we gain by using Dynamics for our day to day accounting are lost in the constant headaches of getting sales quotes to import properly into the system for invoicing. Another major issue for us has been budgeting and reporting. We currently do all of our budgeting and board reporting in Excel, which is too time consuming and inefficient, especially when a system as robust as Dynamics should easily be able to handle this relatively simple task.
SL itself is relatively easy to use and most of the Help Files documentation is well kept and outstanding in the amount of information that is given. Most end users pick up the functions quickly and are off and running after some limited training. There will always be questions and research to be done, but overall SL is relatively easy to follow for a seasoned user
We have had only one unplanned outage for 2 hours in the last 30 months. We shut down for 30 min to 1 hour once a month, but that is for Microsoft OS updates to the servers. Being a 24/7 world wide operation, the reliability is really important. We do get an 8 hour window on the weekend that we can be down for a short period to install Microsoft Dynamics SL updates, but we do not have many of those. On our last version upgrade, we shut the users out at 9:30 am and were fully operational in less than 6 hours. The upgrade was New SQL server, New SL server and 2 new Citrix servers.
Many times support will tell you that your issue is an identified bug and will be scheduled in the future to be fixed in a future release. The knowledgebase has gotten worse in recent years and much more difficult to use. many times you can't find the error during the search
Just to let it take its course. The implementation for me once I became a part of my former organization was pretty seamless. Just get to know the basics and call the support team to ask questions if you need help on an issue, should they arise. They are ready, willing, and able to help!
If this is someone's first ERP implementation, I strongly suggest you ask for services to help implement. Ask for training on every aspect of the implementation. Make sure this is put into the overall ERP quote
We started with QuickBooks Enterprise when our company was young. We quickly outgrew this program as it was not able to accommodate the financial reporting we needed to satisfy our investors. QuickBooks was also very limited in managing our revenue as we grew. We did try Great Plains and Peachtree (now Sage 50) and we discovered that they were rather complicated for our users. They were not as easy to maneuver and manipulate as SL and we felt that SL was much more "user friendly" and simplified, but still able to produce the same results.
S2K offered a system that could be used by various departments. There were modules for accounting, customer service, order entry, and web development. The ability to customize the website integration was a plus. S2K allows the option to have products in different warehouse locations. This allowed us to better manage inventory and see in real time what the stock status was