June 19, 2015
While large corporations may commonly use ERP systems, many small to medium companies also utilize it. Microsoft’s Dynamics GP recognized this niche, and updated the software in early June 2015. Microsoft Dynamics GP 2015 R2 delivers several significant updates, such as deeper interoperability with Microsoft Azure. The update simplifies deploying Dynamics GP on Microsoft’s Azure cloud service thanks to new scripts and utilities designed to help Microsoft partners automate provisioning of Dynamics GP instances on Azure. This should better enable partners to compete with newer cloud-based ERP systems such as NetSuite, Intacct and FinancialForce.
The newest version of Microsoft Dynamics GP includes a new time-management app. The update also includes customer-requested features such as an all-in-one document viewer that displays all purchasing documents for a specific vendor on a single form, and enhancements to the product’s SmartList Designer feature designed to simplify the creation of SmartLists and Microsoft Excel reports. An update to visual indicators allows identification of customers that have exceeded their credit limit, and added new native workflows to manage accounts payable transactions. Finally, a new Microsoft Dynamics Time Management app enables users to manage and report their time off via a mobile application.
The app will soon appear in the Windows, Android and Apple stores. The global ERP software market should reach $41.69 billion by 2020, according to Allied Market Research, representing a compound annual growth rate of 7.2% starting in 2014. Roughly 47,000 companies worldwide use Dynamics GP, according to ERP Software Blog, a site for Microsoft Dynamics partners, making it Microsoft’s second-most-popular ERP offering behind only Dynamics NAV. By comparison, about 40,000 companies use Microsoft Dynamics CRM, according to the blog, which attributed the figures to a Microsoft official.