Microsoft Dynamics is a series of Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) applications with more than 350,000 customers. It consists of four products:
- Microsoft Dynamics AX
- Microsoft Dynamics NAV
- Microsoft Dynamics GP
- Microsoft Dynamics SL
With varying capabilities, which of these products is the best fit for your business? Here’s a quick guide to the differences between Microsoft’s ERP products.
Microsoft Dynamics AX
Microsoft Dynamics AX, the fastest growing of the four Dynamics applications, is a multi-language, multi-currency ERP business application. A best fit for organizations with multi-country operations, it supports industry-specific and operational processes across global enterprises. Keep in mind Microsoft Dynamics AX is a heavy-weight solution: it takes longer to implement than the other three Dynamics applications, has the most expensive license, and requires full-time development resources to implement.
Microsoft Dynamics NAV
The biggest seller of Microsoft’s ERP solutions, Microsoft Dynamics NAV is inexpensive to implement and maintain. It is highly customizable with a wide-range of add-ons. This is a great fit for mid-sized businesses that are global but do not yet have a complex organizational structure. Dynamics NAV can provide your mid-sized business with the powerful technology to compete with larger organizations, and will grow alongside your company.
Microsoft Dynamics GP
The second most popular of Microsoft’s ERP solutions, Dynamics GP’s out-of-the box business management functionalities include financials, human capital management, and manufacturing operations. It is a great fit for small and mid-sized business in the professional, financial, or public sectors.
Microsoft Dynamics SL
Microsoft Dynamics SL is designed for small, project-driven organizations. This is a niche product that is best suited for companies with less than 500 employees. It provides project, service, and distribution-driven businesses with functions to improve the profitability and efficiency. Its functions include finance, project accounting, manufacturing, supply chain management, and ecommerce.
Plaster Group is a Seattle-based business management consulting firm that includes Microsoft Dynamics Consulting. Read more about the difference between Microsoft Dynamic’s products, and find out our business consultants can help you choose, implement, and maintain your ERP solution here.
Here’s another few helpful links: