The Accounting Library: Research which business management application is best for you

Updated: November 8, 2006

Learn how a widely used software comparison tool can help you navigate the crowded business management and accounting solutions market. Then see how our solutions measure up.

Before you invest in business management and accounting technology, it pays to comparison shop. The Accounting Library, a tool created by independent software consultant Solutions, Inc., can help you with this process.

Since first publishing The Accounting Library in 1990, Solutions has helped thousands of organizations with their selection of business management applications. Companies seeking the right enterprise resource planning (ERP) solution, software resellers, and consulting groups that regularly advise their clients on which software products to purchase can all benefit from using this interactive tool.

How The Accounting Library works

The Accounting Library is an easy-to-use yet powerful software selection program that can help you better navigate the crowded business applications marketplace and evaluate its many competitors. Specifically, this tool can help you organize your search, define your needs, and compare your requirements against a wide range of products. Based on your unique needs, The Accounting Library can determine which of the more than 100 products in the database best suit your organization.

To compare these business management solutions more thoroughly, The Accounting Library rates these business management applications in three key areas: basic functionality, overall features, and out-of-the-box functionality.

Basic functionality

This category measures software products against baseline standards for general ledger, accounts payable, purchase order, accounts receivable, payroll, human resource, inventory control, sales orders, job costing, and budgeting capabilities.

Overall features

In this category, the tool measures the applications' manufacturing and multicurrency functionality, as well as system-wide features not associated with individual modules.

Out-of-the-box functionality

This category strictly measures the functionality that a product ships with and does not credit functionality that can be achieved by system modification or third-party products.

This tool was also used to compare solutions in two key industry segments: distribution and manufacturing.

Distribution

This report assumes that the user is a distribution organization with requirements weighted toward Inventory Control and Order Entry. No Multi-Currency requirements were defined.

Manufacturing

This report assumes that the user is a manufacturing organization with requirements weighted toward inventory control and manufacturing. Multi-Currency requirements were defined as many manufacturers either purchase from overseas locations or sell their products to customers in other countries.

How Microsoft Dynamics ranks

As a result of an analysis performed in October 2006 utilizing The Accounting Library, Microsoft Dynamics GP, Microsoft Dynamics NAV, Microsoft Dynamics AX, and Microsoft Dynamics SL were determined to be leading contenders in the midsize business management software marketplace when compared against 100+ middle market solutions in areas outlined in the report. Download the complete report in the upper right of this page.



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