Microsoft Dynamics GP Review (Features, Pricing, Pros & Cons)

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Microsoft Dynamics GP review

Cloud ERP is one of the essential ERP technologies currently available. It replaces hard drives and tape drives in your company’s computer systems.

This post comprehensively details Microsoft Dynamics GP, its pricing, features, and limitations.

New version: Microsoft Dynamic GP 18.4

Release date: July 3, 2022

What is Microsoft Dynamics GP?

Microsoft Dynamics GP Cloud ERP modules

Microsoft GP Cloud ERP is a set of enterprise business software designed to help small and medium-sized companies.

The ERP platform has been deployed by hundreds of thousands of businesses across more than 150 countries worldwide.

It is used by many top companies, including some of the largest tech companies in the world.

Homepage of Microsoft Dynamic GP

Microsoft Dynamics GP Pricing

Dynamics GP is usually sold through third-party. Hence its price may vary as per the vendor and the features that you have chosen.

Dynamics GP provides two types of license

Subscription license and Perpetual license

Price package for a Subscription license

Subscription clients pay a monthly fee for each user. Its starter pack and extended pack vary between $140 to $240 per user per month, depending on the third party.

Price package for a perpetual license

Perpetual clients pay a one-time fee for the license ( up to 3 users). If users are more than 3, the client needs to pay for each user.

Each user’s fees are as follows.

  • Full – $3000
  • Limited – $600
  • Self-service – $60

It is categorized users into three types

  1. Full – Has access to create and edit information
  2. Limited – Has access only to view
  3. Self-service – Has access to non-business tasks
Starter Pack – $5000* It offers a financial module and distribution module
US and Canadian Payroll and Human Resource Module
* Gives access to three users with creating and editing data access
* Available in French, Canadian, Latin American, Spanish, and English languages
Extended Pack – $10,000* It gives all the features of the starter pack
* Gives extended financial module
* Gives extended distribution module
Customization Pack – $6000Integrates Dynamic GP with ISVs

Human Resource and Payroll Add-on – $7000
Provides advanced Human Resource and Payroll Module

Microsoft Dynamics GP Implementation

You will get Dynamics GP software through authorized vendors. They only plan, implement, and customize the software and provide support to the customer.

Some vendors offer a 30-days free trial also.

Companies can deploy the software either on-premise or cloud.

Supports and Services

Microsoft Dynamics GP offers three types of support plans

  1. Enhancement plan
    1. It gives access to training modules and online materials
    2. Provides access to the new version, service packs, and hotfixes
    3. Provides Microsoft Dynamics life cycle services and license mobility
  2. Advantage plan
    1. It includes all the features of the enhancement plan
    2. Community forum engineers will respond to the queries
    3. The support team will solve six issues per year via phone or email
    4. Response time will be within 3 hours
  3. Advantage Plus plan
    1. It includes all the features of the advantage plan
    2. You will get solutions for unlimited issues
    3. Response time will be within 2 hours
    4. You will get 24/7 technical support

Microsoft Dynamics GP Modules

Microsoft Dynamics provides modules as per the pricing packages.

Available modules in the Starter package

  • Financial Management
    • General Ledger
    • Analytical accounting
    • Receivable management
    • Acceptable management
    • Cashflow management
    • Fixed asset management
    • Capability to refund checks
  • Business Intelligence
    • Unlimited management reporter designer user and viewer user
    • Analysis and advanced analysis cube library
  • Human Resource Management
    • Human resource unlimited users
    • Payroll( the US and Canada) total users
    • Employee profile and pay
    • Human resource time management
HR and Payroll of Microsoft Dynamic GP
  • Supply Chain Management
    • Inventory control
    • Invoicing
    • BOM
    • Purchase order processing
    • Order management
    • Sales order processing
Supply Chain Management of Microsoft Dynamic GP

  • PO generation
    • Project time and expense
Supply Chain Management of Microsoft

Available modules in Extended Package

  • All modules of starter packages along with that
  • Business intelligence
    • Unlimited Microsoft forecaster
  • Supply chain management
Manufacturing of Microsoft Dynamics GP
  • Project management
    • Project accounting
  • Customer relationship management
    • Contract Administration
    • Preventive maintenance
    • Service call management
    • Depot management

Available modules in the Customization package

  • Integration suite
  • Customization suite

Available modules in HR and payroll add-on

  • HR and payroll advanced
  • Self-service benefits

Advantages of Microsoft Dynamics GP

Following are the Microsoft advantages for GP users

  • Boosts productivity offers flexible, easily implemented workflows and collaborative business intelligence.
  • Helps to connect all your business processes – It allows you to have and use social software tools to develop your business. In addition, it helps to eradicate useless obstacles to productivity by connecting all business processes and keeping them streamlined.
  • Exclusive Reporting – This software’s good reporting and collaborating abilities give you the necessary information to make business decisions.
  • Streamlines financial management process with business – The software allows you to alter the financial management process per your business needs. That helps in the reduction of time on routine work.
  • Provides real-time data – Integration of modules allows you to enter accurate data and one-time data. Hence, you get real-time data throughout the company and can enhance your decision-making.
  • Reduces training time and expenses – It ingrates with familiar applications like MS Word, MS Excel, and Outlook. Hence the employees can learn to work with the software efficiently without much training.

Microsoft Dynamics GP disadvantages

  • Server maintenance costs and hardware costs of Dynamics GP are very high.
  • You will not get advanced features such as data analysis and mobile accessibility.
  • You will not get warehousing and budgeting functionalities.
  • A compatible platform to access add-ons is not available.

What industries does it support?

It supports industries such as

  • Services
  • Manufacturing
  • Retail
  • Public Sector
  • Financial Services

Alternatives for Microsoft GP

Microsoft Dynamics GP Alternatives

Customers

  • Greenergy Fuels Limited
  • Tesla. Inc
  • Cox Media Group
  • Kingfisher Plc.
  • Wheaton Franciscan Healthcare
  • Credit One Bank
  • Essen BioScience
  • CirclePix
  • Chatham Financial

Conclusion

Microsoft dynamic GP can be a great way to increase your company’s productivity and efficiency.

This blog post has given enhanced knowledge about this software, its benefits, and some potential drawbacks you may encounter when implementing it into your business environment.
In addition, we hope our input gives insight into how useful they are for smaller companies or those who do not need powerful features such as subscription plans.

Click here for more ERP Vendors similar to Microsoft Dynamics GP.

References:

  1. Official Website
  2. Official Documentation