What is Microsoft Dynamics and Microsoft Dynamics AX | Dynamics 365 for Finance and Operations ?
Have you ever wondered or confused when you heard about Microsoft Dynamics and Microsoft Dynamics AX?
Many people who are new to Dynamics AX training are often times confused over this, so we'll briefly introduce you the Microsoft Dynamics Product family and then explain briefly about Microsoft Dynamics AX which is our area of interest, read on.
What is Microsoft Dynamics?
Microsoft Dynamics is an Enterprise Resource Planning (ERP) Product Software primarily focused toward midsize organizations to large-scale enterprise markets.
Microsoft Dynamics ERP Software family has five primary products:
Microsoft Dynamics AX (formerly AXAPTA)
Microsoft Dynamics NAV (formerly Navision)
Microsoft Dynamics GP (formerly Great Plains)
Microsoft Dynamics SL (formerly Solomon)
Microsoft Dynamics CRM Customer Relationship Management
Each Microsoft Dynamics ERP Product has its own targeted market, unique functionalists and features.
Briefly about Microsoft Dynamics ERP Products:
Microsoft Dynamics NAV is the biggest seller among all Dynamics products being Stronger in single-site or distributed implementations and highly configurable with a lot of vertical partners in an industry.
Microsoft Dynamics GP is strong in the financial management and HR modules and mostly implemented in services, finance and public sector domain markets.
Microsoft Dynamics SL is great for project-based businesses and distribution. Mostly suited for companies with less than 500 employees
Microsoft Dynamics CRM offers both on premise and cloud-based CRM solutions for unique business needs. It offers mobile CRM apps and platforms that allow you to manage customer relationships on the mobile devices, and tools that integrate data and reporting from social media directly into your CRM application.
What is Microsoft Dynamics AX?
Microsoft Dynamics AX is a multi-language, multi-currency, industry-specific, global enterprise resource planning (ERP) software product.
Microsoft Dynamics AX is also know as AXAPTA in previous versions and now referred as DAX is a registered ERP solution from Microsoft Dynamics family targeting mid-size to large scale enterprises with highly intuitive, exclusive and scalable features with rich user experience. Microsoft Dynamics AX ERP is the best value and scalable ERP in the market.
Microsoft Dynamics AX streamlines Financial management, Customer relationship, Human capital management and Supply chain processes and supports operational and administrative processes for organizations in Manufacturing, Retail, Service oriented industries and the Public sector.
Microsoft Dynamics AX capabilities are Financial management, Human resource management (HRM), Manufacturing, Supply chain management (SCM), Project management and Retail with business intelligence (BI) reporting.
Microsoft Dynamics AX is taking on SAP and Oracle for the large-scale enterprise ERP market with its new releases from Microsoft Dynamics AX 2012, R2 and now R3 as a great alternative to the high cost of ownership required competitors. Microsoft Dynamics AX is Strong in manufacturing, distribution and retail, excellent for multi-site and multi-country ERP operations and very fast-growing to other Microsoft's five ERP products.
For more information and latest updates of Microsoft Dynamics AX click here!