Microsoft Dynamics SL vs Xledger

Last Updated:

Our analysts compared Microsoft Dynamics SL vs Xledger based on data from our 400+ point analysis of ERP Software, user reviews and our own crowdsourced data from our free software selection platform.

Microsoft Dynamics SL Software Tool

Product Basics

Microsoft Dynamics SL combines the power of an ERP solution with robust project and financial management features. It helps users deal with fluctuating demand while providing accurate budgeting support to keep financial records organized.

It functions within businesses of any size and can help boost sales, reduce job costs, provide insight into company data and ensure all compliances are met. It comes in two versions, Business Essentials or Advanced Management, that can come as a complete package or users can choose a la carte.

Pros
  • Strong financial management
  • Robust project accounting
  • User-friendly interface
  • Customizable features
  • Reliable support
Cons
  • Limited customization options
  • Potentially complex setup
  • Costly add-ons
  • Reporting could be enhanced
  • Some integration challenges
read more...

Xledger is a cloud-based financial management platform that combines multi-dimensional reporting and devolved budgeting in a single unified module. It automates processes such as bookkeeping, invoicing, asset management and bank reconciliation. It supports multi-entity, multi-currency transactions, consolidating data for all the entities in the user’s enterprise.

For charities and nonprofits, it combines donor management and fund accounting. It helps professional services organizations automate and streamline processes through the entire project lifecycle, starting from workflow and ending with payment processing. Users can grow without limits by tracking costs and maximizing profits. 

read more...
$1,800/User, Annually
Free Trial is unavailable →
Get a free price quote
Tailored to your specific needs
$1,440 Monthly
Get a free price quote
Tailored to your specific needs
Small 
i
Medium 
i
Large 
i
Small 
i
Medium 
i
Large 
i
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Quick Startup: This system leverages the simplicity of Microsoft Office apps to cut down on training time and get everyone up and running fast. 
  • Stay Mobile: Users can perform all of their necessary data entry, project management, expense entry, setup and approval from desktops, laptops and internet-enabled mobile devices. 
  • Scalable: The system is scalable and can adapt to the changing requirements of a business. Use what you need and expand as the company grows. 
  • Inclusive Project and Accounting Management: Microsoft Dynamics SL combines project management with accounting support for an accessible, end-to-end platform. 
read more...
  • Automation: Solutions by Xledger automates processes to build users’ bottom line by freeing accountants from manually entering data. It saves resources and manpower with automation in bank reconciliation, posting suggestions, consolidated reports and purchasing and payment processing. 
  • Insight: Xledger comes equipped with advanced BI tools like role-based dashboards, configurable reporting and multi-dimensional inquiries. Users can go as deep as the transaction level for complete understanding.
  • Scalability: It equips organizations to grow without costs, limits or penalties. It can be set up quickly and expanded seamlessly. Users can create new business units smoothly. Transactions can be conducted in 23 languages and in all currencies. It maximizes efficiency through its multi-tenant cloud feature. 
  • True Cloud: With Xledger, users pay only for the resources they use. It’s a true cloud provider as it hosts all its customers on the same software instance. Users also receive upgrades, the latest version of the software and fixes to security issues. 
  • Configuration: It configures to the requirements of the users. It has built-in levers and captures configurations differently from solution capabilities. Upgrades become easier to implement as well. 
  • Unified Solution: Since Xledger is a unified cloud-based ERP solution, functional areas are interwoven with each other. It permits users to access all the modules as it is a multi-tenant platform. 
read more...
    Financial Management
  • Accounts Payable: Keep track of when payments are due, discounts, predict funding requirements and monitor payments as they process. 
  • General Ledgers: This feature helps users analyze financial data for informed decision-making processes. 
  • Cash Manager: The Microsoft Dynamics SL Cash Manager gives users instant access to current balances and bank reconciliation tools. 
  • Multi-Company Support: Users can monitor and analyze information from multiple companies. Keep track of multiple divisions within companies, run processes and report results based on multiple businesses. 
  • Business Intelligence
  • Business Analyzer: Users can view SQL reports, Excel charts and Management Reporter documents from internet-enabled devices.  
  • Microsoft Forecaster: This feature can be integrated to boost budgeting and planning processes through the creation of accurate and realistic budgets. 
  • Quick Query and Quick Query Web App: Users can leverage over 100 predefined views of financial information. Filter and save custom financial views with Refreshable Excel documents and Pivot tables. 
  • Project Management
  • Communicator: It features automatic alerts that inform users of upcoming deadlines, approvals, rising costs and more. This way project managers can step in before problems spiral out of control. 
  • Contract Management: Gain better control over change orders, subcontractor disbursements and document tracking. 
  • Resource Management: This included web app gives users an accessible visualization of resources to make assigning them easier. Boost profitability, track availability of personnel, billable time and more. 
  • Microsoft Project Connector: Integrate directly with Microsoft Project. Data flows directly from the original Microsoft Dynamics system without being compromised. 
read more...
  • Core Accounting: It provides analytical capabilities and advanced automation for accounts receivable and payable, cashbook and general ledgers. It has a flexible accounting chart, consolidated financial information in real-time and automated data entry. It helps generate 1099s easily. 
  • Reporting: The software has a powerful business intelligence toolset, which helps users assess liquidity, analyze data and extract data for better decision making. It has updated real-time dashboards, configurable reports and multi-entry inquiry screens. 
  • Asset Management: It enables accounting professionals to manage and automate the complete lifecycle of fixed assets starting from acquisition and construction to disposal. Automation reduces the time spent on tracking, depreciating and managing fixed assets. This eliminates errors, uncertainties and interventions that afflict excel sheets and other applications. 
  • Forecasting and Budgeting: It allows for an unlimited number of budget revisions and supports multi-entity and multi-currency budgeting. It also supports multi-dimensional analysis and importing from external sources. It makes it easy to compare actual against available budget. 
  • Accounts Payable and Receivable: It automates data entry via OCR bill reading and pre-registration. It has a multi-person, multi-rule and multi-level payment and posting workflows. Xledger has templates for invoices and delivery options. It calculates discounts, royalties, commissions and interest charges. 
  • Project Accounting: Xledger helps users manage projects of all sizes with resource planning, time capture, project invoicing and project accounting. It supports features such as project structure, costing, expenses, reporting and follow up. It handles multi-entity projects and project hierarchies. 
  • Time and Expenses: Xledger equips users with paperless approvals and granular analytics. Employees can directly input or import timesheets using Xledger’s phone app, browser or calendar-based input. Managers can view timesheets from multiple angles and also have access to an electronic timesheet archive. 
  • Payroll: It supports a flexible payroll system, which has payslip distribution via web, mail and email and automatic matching for data in the books. It allows for recurring payroll frequencies and has a set of taxation rules and rate registers. 
  • Procurement and Inventory: Xledger auto-generates purchase proposals and has pre-made purchase order templates. It tracks serial and batch numbers. It also automatically posts goods received accruals. 
read more...

Product Ranking

#93

among all
ERP Software

#113

among all
ERP Software

Find out who the leaders are

User Sentiment Summary

we're gathering data
Excellent User Sentiment 7 reviews
we're gathering data
95%
of users recommend this product

Xledger has a 'excellent' User Satisfaction Rating of 95% when considering 7 user reviews from 2 recognized software review sites.

n/a
5.0 (1)
n/a
4.7 (6)

Awards

we're gathering data

Xledger stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

Synopsis of User Ratings and Reviews

Familiar Interface: Microsoft interface makes it easy to learn and use for users familiar with other Microsoft products.
Project-Centric Focus: Strong project accounting features cater to industries like construction and engineering.
Financial Management: Robust financial management tools provide accurate insights and control.
Customization Options: While not as extensive as some, it offers flexibility through configuration and add-ons.
Reliable Support: Microsoft and partner support options provide assistance and guidance.
Show more
Streamlined Accounting Processes: Users praise Xledger for automating tasks like bank reconciliation, saving time and reducing errors.
Real-Time Financial Insights: The platform's dashboards and reporting tools provide a clear view of financial performance, enabling data-driven decisions.
Improved Collaboration: Xledger facilitates communication and data sharing between departments, leading to better coordination and efficiency.
Show more
Limited Customization: May not be as customizable as some other ERP systems, especially for complex needs.
Potential Setup Complexity: Initial setup can be complex, requiring IT expertise or partner assistance.
Costly Add-ons: Additional features and modules can be expensive, increasing overall cost.
Reporting Enhancements Needed: While reporting capabilities exist, some users find them lacking in flexibility and customization.
Integration Challenges: Integrating with other systems can be complex, requiring additional tools or expertise.
Show more
Complex user interface: Some users have reported that Xledger's interface can be difficult to navigate and understand, especially for those who are new to the software.
Limited customization options: Users have expressed frustration with the limited ability to customize the software to fit their specific needs.
Slow support response times: Some users have complained about slow response times from Xledger's support team, which can be a major issue when dealing with critical software problems.
Show more

User reviews for Microsoft Dynamics SL paint a mixed picture. While lauded for its user-friendly interface and familiar Microsoft look-and-feel, especially for existing Office users, its strengths seem geared towards specific needs. "It shines in project-based industries like construction," commented one reviewer, praising its robust project accounting features. However, some find its customization options limited compared to competitors like Acumatica or NetSuite, especially for complex businesses. "Setting it up initially can be a beast," another user shared, highlighting the potential complexity and need for expert assistance. Cost is another key factor in reviews. While praised for its reliable Microsoft support, users raise concerns about additional costs. "Add-ons can get pricey," a reviewer noted, comparing it to more cost-effective options like Dynamics 365 Business Central. Reporting capabilities also drew mixed reactions. Some appreciate the standard reports and Power BI integration, while others wish for more flexibility and customization. "I miss the advanced reporting features I had in [competitive product]," shared one user, emphasizing the importance of reporting for data-driven decisions. Overall, Microsoft Dynamics SL seems like a solid choice for project-centric businesses who value familiarity and appreciate its strengths in financial management and project accounting. However, limitations in customization, setup complexity, and potentially higher costs for add-ons and integrations should be carefully considered against its competitors, especially for businesses with complex needs or strong reporting requirements.

Show more

Is Xledger the X-factor your business needs for ERP solutions? Over the past year, user reviews of Xledger have painted a predominantly positive picture, highlighting its robust functionality and user-friendly interface. Many users appreciate its cloud-based nature, which allows for real-time data access and seamless integration across various departments. Compared to similar products like SAP and Oracle, Xledger stands out for its ease of use and lower implementation costs. One of the key strengths users frequently mention is Xledger's comprehensive reporting capabilities. The software offers customizable dashboards and detailed financial reports, which are crucial for informed decision-making. Users also commend its automation features, which significantly reduce manual data entry and the risk of human error. For instance, one user noted that the automated bank reconciliation feature saved their accounting team several hours each week. However, Xledger is not without its weaknesses. Some users have reported that the initial setup can be complex and time-consuming, requiring a steep learning curve. Additionally, while the customer support is generally responsive, a few users have experienced delays in resolving technical issues. These drawbacks, though notable, are often overshadowed by the software's overall performance and reliability. What truly differentiates Xledger from competitors is its scalability and flexibility. Small to medium-sized enterprises (SMEs) find it particularly beneficial due to its modular design, which allows businesses to add or remove features as needed. This adaptability is crucial for growing companies that need a solution capable of evolving with their needs. In conclusion, Xledger is best suited for SMEs looking for a cost-effective, scalable ERP solution with strong reporting and automation capabilities. While it may require some initial effort to set up, the long-term benefits make it a worthwhile investment for businesses aiming to streamline their operations and enhance productivity.

Show more

Screenshots

Top Alternatives in ERP Software


Acumatica

Cetec ERP

DELMIAworks

Dynamics 365 ERP

Epicor Kinetic

IFS Cloud

Infor M3

NetSuite

Odoo

Oracle Fusion Cloud

Priority ERP

Rootstock

S2K Enterprise

Sage 300 Cloud

SAP Business ByDesign

SAP Business One

SAP S/4HANA Cloud

SYSPRO

SyteLine

Visibility ERP

Related Categories

WE DISTILL IT INTO REAL REQUIREMENTS, COMPARISON REPORTS, PRICE GUIDES and more...

Compare products
Comparison Report
Just drag this link to the bookmark bar.
?
Table settings