What are the major ERP products of Microsoft Dynamics 365?

Enterprise Resource Planning (ERP) has recently become one of the business must-haves for any company size. These systems provide transparent processes and tools necessary for performing any kind of business operations. Functions offered by ERP software introduce cohesiveness, efficiency, and control over the processes conducted by your company.

There is no surprise that companies are seeking more advanced systems that can ensure a stable future for their businesses. Microsoft Dynamics products are being placed on the podium of ERP systems. Why is that?

One of the crucial advantages of Microsoft Dynamics 365 modules is their complexity and flexibility. While there are a few Microsoft Dynamics systems, let us take a closer look at the major ERP products of Microsoft Dynamics 365.

Influencing the ERP business for approximately 20 years now, Microsoft has constantly been developing and mastering its services into modern, more efficient versions compatible with the demands of today’s market. However, a few companies around the world are still using the original first versions of the products. Here is a brief overview of them.

Dynamics GP has reached its biggest popularity in North America, where it is used mostly for small and medium-sized companies. This system has some great tools for finances and distribution, and it is possible to use via browser. However, to use the full range of functions, running it as a desktop application is necessary.

Dynamics NAV has reached a broader audience thanks to its functions and better customization operations. It is used primarily for project management.

Dynamics AX is known worldwide for its compatibility with large companies’ expectations and requirements. It consists of a variety of tools that can be used not for one dedicated area but for covering more complex operations.

Dynamics SL, like Dynamics GP, has been especially popular in North America. Even though it has a smaller database than Dynamics GP, it is used for more demanding project management operations. This system is more commonly used as a desktop application with only a few functions possible to run via browser.

Microsoft is still partially supporting these systems; however, at the same time, it is recommended that companies using one of these four platforms should upgrade them to one of the modern ones. Nowadays, Microsoft Dynamics 365 focuses on two major ERP products: Microsoft Dynamics 365 for Finance and Operations and Microsoft Dynamics 365 Business Central.

Microsoft Dynamics 365 for Finance and Operations is a successor of Dynamics AX; created for larger companies with demanding needs, it’s a great software for the areas such as Manufacturing and Construction & Property Development.

Microsoft Dynamics 365 Business Central combines the remaining three Dynamics versions; addressed to small and medium-size companies; this software provides excellent solutions for business analyses, real-time visibility, and project management.

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