After being acquired by Microsoft in 2002, Navision took on the Microsoft name and would eventually shorten to “NAV”. The solution can work for almost any industry–providing accounting tools such as bank reconciliation, cash flow management, encumbrance management, fixed assets management, multi-currency, and more.ĭynamics NAV originates from Navision, a strong accounting tool that dates back to 1984. Today, Microsoft Dynamics GP still operates as one of the flagship ERP offerings–providing powerful financial management, inventory, sales, human resources, and business intelligence. Microsoft continued to sell the solution under the well-known Great Plains name for many years until it was eventually shortened to just “GP” to mimic the rest of the products in the Dynamics family. Microsoft drew interest and acquired the solution in 2001.
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With roots dating back into the 1980s, Great Plains Software was one of the first accounting solutions to allow multiple users and run as 32-bit software. The GP stands for Great Plains–the original name of the software. Microsoft Dynamics GP is a powerful accounting software and ERP solution that combines financials, inventory, and operations into a unified business management platform for small to mid-sized businesses. As part of the 365 family, the solution can easily work alongside the ERP products offered by Microsoft to better integrate bookkeeping, invoicing, and order handling. These solutions still handle your customer relationship management in every way desired–such as maintaining customer relationships, tracking sales leads, handling marketing, and more. Today, Microsoft Dynamics CRM has joined the Dynamics 365 product family under the Dynamics 365 Customer Engagement suite–and has broken down into a variety of applications that can be purchased as standalone options: By 2005, the solution rebranded under the Dynamics title to reference its inclusion in the Microsoft Dynamics product family. At its launch, it was simply known as Microsoft CRM 1.0. Microsoft Dynamics CRM system has been around since 2003 after an acquisition with iCommunicate that prompted the desire to offer customers basic contact management and email campaign software. The solution can be personalized to your needs with business apps built on Azure and integrated with Office 365 and Microsoft Power Platform. Microsoft Dynamics 365 for Finance and Operations is available in the cloud, on-premises, or through hybrid deployment options.
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Like many ERP systems before it, Dynamics AX had previously had a heavy presence in the manufacturing and distribution industries. This change was made to better encapsulate the solution’s ability to meet the requirements of any business organization, rather than any one specific industry. Today, Dynamics AX has rebranded to Dynamics 365 for Finance and Operations.
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After being acquired by Microsoft in 2002, the ERP software went through a number of version changes and upgrades in order to be offered in more than 30 countries and 25 languages.
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Originally known as Axapta, Microsoft Dynamics AX was one of Microsoft’s more robust ERP systems catered towards enterprises. Because of this, choosing the right vendor to work with is equally as important as choosing the right ERP software. They are also the people who will provide you support services for however long you agree upon.
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These “value-added resellers” are in charge of planning, customization, and implementing the solutions for your business. Optimize your workforce through human resource toolsĮRP technology from Microsoft will let you use the data it offers to find new business opportunities, customize applications to fit your needs, and overall engage with your customers better.Īlmost all Microsoft Dynamics ERP software is available exclusively through Microsoft Dynamics Certified Partners.Modernize your financial operations, handle your supply chain.With a large variety of ERP solutions available, Microsoft lets you create a personalized approach with business apps for every industry and every functionality need.īuilt on Azure and tightly integrated with Office 365 and Microsoft Power Platform, Microsoft Dynamics ERP software will: These options help optimize your financials and operations in order to help your team make data-driven decisions that improve business performance. Microsoft offers a variety of enterprise resource planning systems through its Dynamics ERP software line.