Microsoft Dynamics SL Cost

How much does it cost to purchase and implement Microsoft Dynamics SL?What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?

Vice Professor Asked on July 3, 2024 in Accounting.
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1 Answer(s)

Software price

Microsoft Dynamics SL offers a variety of pricing plans to cater to different business needs. The software is available through a perpetual license, which starts at $1,300 per user. Additionally, there is a monthly subscription option, with prices starting at $162 per user per month.

Plans compared

Microsoft Dynamics SL offers different plans based on the number of users and the required features. The Business Essentials plan includes core financials and distribution modules, while the Advanced Management plan offers additional features such as project management and analytics.

Plans fit

The Business Essentials plan is suitable for small to medium-sized businesses looking for basic financial and distribution management. On the other hand, the Advanced Management plan is ideal for larger enterprises that require more advanced project management and reporting capabilities.

Other costs

Implementation costs for Microsoft Dynamics SL can vary depending on the complexity of the project and the size of the business. On average, implementation costs range from $20,000 to $100,000. Customization costs are also additional and can range from $5,000 to $50,000. Training costs typically start at $500 per user.

One-time fees

Microsoft Dynamics SL may require additional hardware or server upgrades, which can incur one-time costs ranging from $5,000 to $20,000. There are no other significant one-time fees associated with the software.

Alternatives compared

When compared to alternatives such as SAP Business One, Sage Intacct, and NetSuite, Microsoft Dynamics SL is positioned as a mid-range solution in terms of pricing. While it may not be the cheapest option available, it offers a comprehensive set of features for businesses of all sizes.

Verdict

Microsoft Dynamics SL is competitively priced in the mid-range segment of the market. It offers a good balance of features and affordability, making it a solid choice for businesses looking for a comprehensive ERP solution. On a pricing grade scale of 1 to 100, Microsoft Dynamics SL would score around 75 for its value for money.

Vice Professor Answered on July 3, 2024.
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