Selecting the right ERP software can be really tough, considering the plethora of vendors in the market today. Most of these ERP solutions come with different modules and functionalities which make it even more difficult to narrow down to the ideal solution. One such ERP solution is the Microsoft Dynamics ERP suite. Microsoft is one among the popular vendors and provides a host of solutions. To make life easier, we decided to breakdown the various solutions offered by Microsoft Dynamics ERP suite.
Now, Microsoft Dynamics ERP consists of four different products – GP,NAV,AX and SL.
Microsoft GP provides organizations the flexibility to easily share information and the ability to efficiently manage the work flow process. It allows users to integrate data with other Microsoft applications such as Microsoft Office. It offers different functionalities such as financials, manufacturing, supply chain, sales and marketing, project management, human resources and services information, thus making it easier to manage your business with one single solution. Microsoft dynamics GP also comes with various reporting and analytical tools through which you can track the performance of your business. It easily connects to external applications and data sources and offers other value added features.
Microsoft Dynamics NAV which was formerly known as Navision provides an entire suite of ERP solutions to midsized businesses. They mainly cater to the needs of distribution and manufacturing companies worldwide. Around 65,000 companies in over 40 countries currently rely on Microsoft NAV for effective business solutions. Microsoft NAV is easy to use and customize. It comes with add on tools and NAV utilities and offers various modules such as finance, SCM, CRM, service, distribution and e-commerce.
Microsoft Dynamics AX caters to the needs of midsize and large organizations. This solution as originally part of Axapta before it was acquired by Microsoft. This ERP solution contains 19 core modules from general ledger, bank management, and accounts receivable/payable, human resources to project accounting, inventory management, service management and more. It can be easily tailored to any business process, thus improving efficiency.
Microsoft Dynamics SL mainly delivers ERP solutions to small and medium sized enterprises. They are best known for their project-based ERP functionalities and provide a comprehensive business management solution from finance, project accounting, manufacturing, supply chain management to analytics, e-commerce and field services.
Finally Microsoft Dynamics CRM offers a one stop solution for all sales, marketing and customer service relates tasks. It makes it easier for users to manage, track and analyze customer data.
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