Microsoft Dynamics GP is a comprehensive business management solution that helps companies capitalize on every opportunity and continue to grow. Microsoft Dynamics GP works the way your people do, and helps your people keep up with competition and handle changing markets, while adapting to unique business requirements, and connecting all the business processes across your organization.
Microsoft Dynamics GP allows you to get up and running quickly, maximizing productivity, and increasing confidence. And because Microsoft Dynamics GP works like other familiar Microsoft Products, adoption time is lower, allowing you to experience a faster return on your investment.
I love GP. I have for years. I've been a GP consultant, and have been a user for eight years. Before making the decision to select an accounting package, ask such questions as: What types of financial statements do I want? How detailed do I want them? Do I want to create separate entities or will departments work? GP has a very simplistic, onboard report writer. But if you need the ability to customize your reports, you should consider FRx. I believe FRx may be called something different now. It has a very advanced set of allocation accounts that I highly recommend to anyone that has to allocate expenses.
t's role tailored software that's easy to implement and use
It looks and feels familiar to software your people use every day: Microsoft Office Excel, Outlook, and Word
It enables fast, relevant access to current and complete information about your business activities and operations
It goes beyond basic reporting and extends insight across your entire organization
It seamlessly integrates with your other technology platforms
It permits one to over 1,000 concurrent users
It's highly customizable with dozens of industry-specific solutions
It automates and standardizes recurring tasks
It's scalable, versatile and flexible
With respect to the allocations, once the expense is entered into the allocation account, you lose the ability to run any detail on just the total of the expense. It would be nice if you could run a trial balance on the allocation accounts the same way you can with regular accounts.
I've always thought security set up could be a bit simpler. It actually has gotten better through the years. Specifically, with eight separate entities, it would be nice to have a "master" setup where you could call up one group entity, assign the users rights, and then be finished. Currently, whenever I have a new user, I have to call up each individual entity and select all of the features I want the user to have. That means I have to do eight steps for each user.
The software is relatively easy to use. The biggest advantage of GP is probably it is a Microsoft product, meaning GP works well with other Microsoft products, such as the Office suite.
The learning curve is also not that steep if users are willing to learn through various blogs, videos (especially YouTube), and through Microsoft web site.
The price is very competitive, comparing to leading-edge solution such as Intacct or NetSuite.
I am a big fan of anything on the Cloud. Our controller spends lots of time to upgrade GP through different version over the years (GP is hosted either on premise or through third-party vendor's server. Of course the upgrade or any troubleshooting is not that bad with the right support from a third vendor. However, this is not value-added function in accounting/finance. If I have a choice nowadays, I will go with Intacct or NetSuite.
With a Cloud solution, users will have very little downtime. With an on-premise solution, at least in our experiences, we have lots of downtimes. Also for some reasons the software requires us to reboot the backend server from time to time due to software bugs.
It is a comprehensive solution, with solid add-ons to compensate for deficits in the core system. We run a manufacturing operation with deep. multi level BOMs and FIFO costing, GP manages it very well. AP, AR and GL are solid.
The smartlists are a nice reporting tool, where you can drop the data into excel for easy analysis.
The front end has a clunky feel. On the back end trying to find the table the data is stored in takes a lot of time so the learning curve from a reporting sense is very long. The SQL tables are sparse - so you could end up having to add several tables to a query just so you can connect the one table you need. Report writing process is long and arduous initially. It is really expensive to upgrade. Other solutions in past lives have required minimal tech support to upgrade, this is a major process to upgrade and therefore very expensive.
I am a true believer in Microsoft GP products. This accounting software, although a bit cumbersome to initially learn, is well worth the education. The ease with which you can navigate from customer related transactions, to back end AR functions, and over to strictly financial entries, is incomparable. Many accounting software systems, although quick and easy, do not give you a clear overview of distribution and coding layout. GP allows you to clearly access what has been recorded, and makes it easy to reverse anything if necessary. The "Smart List" is one of it's finest features. This tool allows you to not only access reports, but to streamline, and create reports that are tailored specifically for your needs. I believe this is one of the best systems out there for processing of manufactured goods, and inventory control. I highly recommend Microsoft Dynamics GP - Manufacturing!
Distribution and coding clarity
Excellent Customer support
Product does bog down occasionally, if too many people are on it ( usually more a month end kind of issue)
Very detailed - makes for slower learning of system **However, in the end is worth the work**
A decent system to use, but was disappointing due to the lack of flexibility in terms of generating reports/export functions - not as great as I would have expected from a Microsoft product.
-Integration with a variety of reporting suites
-A widely use system since it is Microsoft based, and a huge community to get help with if there are any issues
Not truly web-based as it relies on the program to be housed on a server;
-Limited in terms of GL reports - cannot jump ranges of accounts, or have multiple ranges in a single report like our old system
-takes a while to load reports like SmartList Favourites, and does not have as much flexibility as our old system
-freezes quite a lot
-tax limitations on the Accounts Payable module
-Desktop version slow
Per user, per month, depending on capabilities required, by module.
Why choose hosted Dynamics GP?
* Rapid deployment and lower total cost of ownership
o Get your business on track faster. Hosted solutions offer faster deployment options when compared to on-premise.
* Minimize your capital investment
o With an online solution you do not need to purchase hardware or software. You pay a low monthly fee, which helps you manage cash flow.
* Reduce dependence on internal IT personnel
o No worries about software maintenance, upgrades, backups, or any other administrative functions; we take care of that for you
* Save energy costs
o You do not have to maintain a separate server for Microsoft Dynamics GP; all that you need is an internet connection.
* Make changes as you need to
o Add or remove users as your business needs change
* It’s YOUR data!
o You always have access to your data, through our secure network.
Microsoft Dynamics GP is a richly featured financial accounting and business management solution that allows you to use familiar, powerful software to operate and grow your business.
o Sales Order Processing and Invoicing
o Electronic Banking
o Multi-Currency Management
o Project Accounting and Time and Expense
o Contract Management
o Cash Flow Management
o Fixed Assets
o Business Intelligence
o Human Resources
o Payroll (Canadian and US)
o HR Benefits Self-Service
o Supply Chain Management (Manufacturing, MRP, BOMs, Capacity Planning)
o Warehouse Management
o Advanced Picking and Distribution
Below are some frequently asked questions for Hosted Dynamics GP.
Hosted Dynamics GP offers the following pricing plans:
Pricing model: Subscription
Free Trial: Available
Per user, per month, depending on capabilities required, by module.
Hosted Dynamics GP offers the following features:
Hosted Dynamics GP has the following typical customers:
Freelancers, Small Business
Hosted Dynamics GP supports the following languages:
English, French, Spanish
Hosted Dynamics GP has the following pricing plans:
We do not have any information about what devices Hosted Dynamics GP supports
Hosted Dynamics GP integrates with the following applications:
Autofy, Domo, Elmo Solutions, JobDiva, Scribe Online
We do not have any information about what support options Hosted Dynamics GP has