Saturday, 1 December 2012

Gartner's Magic Quadrant on ERP's places Microsoft Dynamics AX as a Leader

Hello Friends,

Microsoft Dynamics AX was recently positioned as a leader in Gartner’s 2012 Magic Quadrant for Single-Instance ERP for Product-Centric Midmarket Companies along with SAP Business All-In-One


Source: www.gartner.com

Microsoft Dynamics AX is the most scalable of the four Microsoft Dynamics ERP systems; the others are Microsoft Dynamics NAV, Microsoft Dynamics GP and Microsoft Dynamics SL. It also has the clearest strategy for industry verticalization, with specific functionality for discrete and process manufacturing, retail, wholesale/distribution and services, as well as the public sector in selected countries.

Microsoft Dynamics AX 2012 close to doubles the functionality found in Microsoft Dynamics AX 4.0, and that together with the changes to the technical architecture and greatly enhanced features of its business model organizational structures, indicates the progress that the solution has made. It also indicates the significant change that customers will experience when upgrading from previous versions


Strengths
  • The flexibility and extensibility of Microsoft Dynamics AX makes it a strong solution for midsize customers and should be of particular interest to large companies trying to satisfy divergent business unit needs, such as multimode manufacturing. Discrete, process and lean manufacturing principles have been integrated into one solution and can be used in parallel. The system also enables users to combine solutions from various industries. However, this flexibility means that consistent, centralized change management is key.
  • One of Microsoft Dynamics' strengths is the way it leverage the Microsoft application platform and productivity suite, with enhanced integrations to Microsoft's Visual Studio, SQL Server and BI, and SharePoint. Throughout the system, analytical capabilities have been more deeply integrated. Early adopters whom Gartner interviewed highlighted the ease of adding data visualizations and drill-down capabilities.
  • The new architecture of Microsoft Dynamics AX 2012 supports the parallel deployment of extensions built by different partners into one solution. The partner layer can host multiple extensions, which are well separated from each other but can interact through clearly defined interfaces.
  • Role-based UI personalization is seen by customers as being very flexible. 
  • Customers praise Microsoft's Premier support. Many customers value a strong relationship with Microsoft's development team. However, to scale, Microsoft needs to find a way to disseminate the same level of knowledge to partners, or embrace this direct contact as a differentiator and resource it.
  • The new modeling capabilities of Microsoft Dynamics AX 2012 allow customers to graphically model various aspects of an enterprise, like the organizational setup and relationships between various business units, the allocation of people to organization units and the respective setup of user rights and access options. This model, while not yet making Microsoft Dynamics AX a fully model-driven packaged application, positions it better for upper midmarket companies, which tend to have dynamic and complex hierarchies.

Drastic reduction in time spent on month closing

Hello There,,,

Drastic reduction in time spent on month closing..

What used to be 10 days month end closing procedure is now 2 or 3 days procedure in Microsoft Dynamics AX,,

The completely integrated product allows you to have Ledger & Sub ledger balances of Account Payable, Account Receivables & Inventory at all times, just by click of a button we can see balances on ledgers and sub ledgers.

2  to 3 days month end closing, relieves your finance department,,,, well, How is this achieved??,,
Microsoft Dynamics AX is completely integrated product and system automatically updates all ledgers and sub ledgers,, All that one has to do is,, Bank reconciliation, closing all transactions, verify, restricting access to modules from further posting, adjustment transactions through General Journal, running trial balances, creating financial statements and verifying and then CLOSE THE PERIOD,,,

Serial Number wise financial Dimension

Hello Friends,

Client's problem:

I would like to update serial number specific financial dimensions for an item.
Example: I have enabled serial number control for an item and I made purchase of 10 pcs. Now I have 10 serial numbers updated with 1 qty each in the onhand inventory. I was able to update one combination of financial dimension values in the PO line as we are selecting one Item code in the PO and the 10 serial numbers are generated automatically. Hence AX is updating the one combination of financial dimension values for all 10 serial numbers in the transactions.
In my case, financial dimensions would be different for each serial number. Is there any way to update financial dimensions serial number wise?


Solution:
If Financial dimensions are different for different serial number items, then create individual lines for each of those items and attach your financial dimension,,, In your case, split the quantity into 10 lines and attach financial dimensions for each of those lines during PO creation itself..  

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Sathish