Sunday 4 December 2016

Financial systems - Stand Up & Be Counted

If you do the Twitter thing, follow me at @HousingITguy or LinkedIn here https://uk.linkedin.com/in/tonysmiththathousingitguy



It might have passed you by, but A few weeks ago, Microsoft launched its new finance system offering, Dynamics365.

Now Microsoft are not short of general purpose financial solutions, as users of the other Dynamics stable will be aware. Namely, NAV (Navision), Great Plains and AX. I have heard criticism over the years of the sometimes techie nature of those solutions at times.

Being typical Microsnore, there's usually four or more tools for the job, the dilemma is making sure you have picked up the right one and it's not the chainsaw with no handle.

There's certainly some flash looking cloud based SAAS offerings out there currently, as anyone who has looked at finance systems lately will be aware.

Dynamics365 is so newly released, currently it's viewable via video clip only. It is delivered in a PayAsYouGo SAAS style and each seat brings the benefits of Office365 too. A all-in price of $60 per user, per month might work well, for smaller organisations. Anyone with more than 20 users, probably will need to check the 5 & 10 year costs, in order to arrive at meaningful comparisons.

My spies tell me that the full SAAS offering is based on the previous Dynamics NAV offering. Having had recent experience of some of the tastier cloud based Financial System contenders, particularly one from 'down under', I hope they have applied a serious facelift. If not, Microsoft might be winding this one down sooner than anticipated.

When I get a full look under the bonnet of Dynamics365, if enough of you bean counting folk are interested, I will post an expansive review. In the meantime, here's the marketing collateral, a feast for the eyes and ears.

In the meantime, if you need to review your financial & ledger solutions, do get in touch if you need any advice.   
 
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Related Post: In your organisation, are your systems seriously under-implemented? 

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Shed Seven - Stand Up and be countedShed Seven - Stand Up and be counted.
(c) Tony Smith, Acutance Consulting www.acutanceconsulting.co.uk 07854-655009


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