The Total Guide to Microsoft Dynamics GP
In this guide, we cover everything you need to know about Microsoft Dynamics GP ERP integration including market-fit, pricing, features, and comparisons.
We’ve also paired this article with a free e-book to help companies handle accounts payable and global mass payments when using Microsoft ERP. Download “The Last Mile of Microsoft: Payables Transformation Strategies!”
What is Microsoft Dynamics GP ERP?
Microsoft Dynamics GP (Great Plains) is a modular ERP system. The ERP software includes financial management and accounting software, inventory management, supply chain, project management, project accounting, manufacturing, operations, sales and service (including field service), human resources and payroll, and business intelligence and reporting. ERP is enterprise resource planning.
Microsoft Dynamics GP is a comprehensive ERP business solution and accounting system that tracks many business processes throughout the company. With Connector, Microsoft Dynamics CRM, for customer resource management, can be easily integrated and used with Microsoft Dynamics GP. Microsoft acquired Great Plains in 2001.
Microsoft Dynamics GP accounting software handles financial management, including cash flow management, accounts receivable, inventory, fixed assets, accounts payable, chart of accounts, and general ledger. Third-party add-on software integrations streamline processes and increase features and efficiency.
The Microsoft Dynamics GP ERP system is available as on-premises, private cloud, public cloud (not true cloud), or as a hybrid combination.
Which Types of Businesses Use Microsoft Dynamics GP?
Small businesses and medium-sized companies use the Microsoft Dynamics GP ERP solution. The industries of businesses using Microsoft Dynamics GP include professional services, manufacturing, distribution, software and tech, eCommerce and retail commerce, construction, financial services, education, and government. Companies in other industries also use Microsoft Dynamics GP.
Companies needing supply chain management, inventory management, advanced manufacturing, project accounting, field service operations, commerce, and human resources management use Microsoft Dynamics GP. Established businesses needing the functionality of an ERP system have been using Microsoft Dynamics GP since 1993 when the software was launched as Great Plains.
Smaller companies can begin using Microsoft Dynamics GP with a Starter Pack that’s more affordable than the full ERP system. Starter Pack includes Core Financials and Distribution for three users. Meeting the needs of growing businesses in certain industries, Microsoft Dynamics GP also offers an Extended Pack that improves inventory tracking from raw materials to finished goods and improves professional services and construction billing.
How Much Does Microsoft Dynamics GP Cost?
Microsoft Dynamics GP pricing depends on the modules purchased and the number of users. Although the Microsoft Dynamics GP Starter Pack is less expensive for up to three users, the Extended Pack ERP system has a mid-range cost. Request a quote from GP Partners that exclusively sell Microsoft Dynamics GP. Include training, implementation, and consulting costs.
How Does AP Automation Software Integration Work With Microsoft Dynamics GP?
Microsoft Dynamics GP integration includes 3rd party add-on apps like software to automate accounts payable and global batch payments. With Tipalti, users automate and reduce the entire accounts payable workload by up to 80%, saving time and reducing hiring needs.
Tipalti uses flat-file integration to connect its AP automation software with Microsoft Dynamics GP. Flat-file integration lets users access Tipalti software features through the Microsoft Dynamics GP ERP login and transfer large data files between the programs.
What Are The Primary Features and Advantages of Microsoft Dynamics GP?
• Fully developed features covering most business processes
• Integrates with CRM
• Supply chain, inventory management, distribution, and manufacturing
• Project accounting and billing
• Multi-currency management
• Reporting tools
Microsoft Dynamics GP ERP is a full-featured management solution that covers a wide range of business functions and uses. Its human resources software is all-inclusive with the addition of Extended Pack features. Microsoft Dynamics GP meets the needs of companies with businesses carrying inventory, including order processing and inventory management. Dynamics GP handles project management and project accounting business needs.
Microsoft Dynamics GP offers extensive multi-currency management for global businesses.
Reporting and analysis features in Microsoft Dynamics GP include the SmartList Designer tool for customizing and modifying reports and connecting to ISV (independent software vendor) data, custom Excel Refreshable Reports, and Management Reporter.
How to Implement & Use Microsoft Dynamics GP?
Microsoft Dynamics GP is sold exclusively through third-party independent software vendors (ISVs) called Dynamics GP Partners. Dynamics Partners provide Microsoft Dynamics GP implementation, customization, and support as consulting services. Take Microsoft Dynamics GP tutorials and training courses. Welcome to Dynamics GP is the Microsoft support resources page with links.
Which ERP Systems are Comparable to Microsoft Dynamics GP?
Unlike Microsoft Dynamics GP ERP, NetSuite, owned by Oracle, is a well-developed, true cloud ERP system. NetSuite works in all industries. Like Dynamics GP, NetSuite works well for medium-sized companies, although it targets companies of all sizes and touts its scalability for growth companies and some Fortune 100 company users.
Microsoft Dynamics 365 is the recommended ERP cloud solution for buyers considering Microsoft Dynamics GP. Dynamics 365 integrates with other Microsoft software, including Power BI, Microsoft Office 365, and it’s hosted on Microsoft’s Azure cloud computing platform.
Microsoft Dynamics 365 Business Central
Microsoft Dynamics 365 Business Central is a Dynamics 365 product portfolio offering. It has an advanced user interface and integrations with several other Microsoft products, including Power BI, SharePoint, and Microsoft Office 365, providing user-friendly dashboard visualizations and business intelligence. This is the cloud version of rebranded Dynamics NAV.
Like Microsoft Dynamics GP, Dynamics NAV offers a complete ERP solution with on-premises or private cloud. NAV was originally called Navision. NAV for on-premises and private cloud platforms was rebranded as Microsoft Business Central in 2018. Designed for a wide range of industries, Dynamics NAV is liked by manufacturing and distribution companies because it has advanced production and inventory management features.
Sage Intacct is a more modern ERP system than Microsoft Dynamics GP. Sage Intacct offers a true cloud ERP system for all size companies. According to Gartner, its sweet spot for core financials is in the lower midsized company market. The AICPA endorses Sage Intacct, which automates processes for efficiency, and handles revenue recognition for financial reporting and other accounting standards well.
Both Microsoft Dynamics GP and Epicor are fully developed ERP systems that fulfill the business needs of manufacturing and distribution companies. Epicor is also used in industries including lumber and building materials, services, and retail. The Epicor ERP connects shop floor equipment with sensors, using IIoT / Industry 4.0 technology for smart manufacturing using automated data acquisition.
Macola is an ERP system for SMB manufacturing companies and distribution. The Macola software includes automation of business workflow, customization, personalized workspaces based on roles, a CRM, and business intelligence.