New Microsoft Dynamics 365 Pricing Update: October 2024
Starting October 2024, Microsoft Dynamics 365 will see a revised pricing structure aimed at providing greater value and flexibility to its users. This update reflects Microsoft’s commitment to continuously enhancing its suite of business applications, ensuring they meet the evolving needs of organizations worldwide. The new pricing model is designed to offer more tailored options, making it easier for businesses of all sizes to leverage the powerful capabilities of Dynamics 365. In this write-up, we get into the specifics of the new pricing tiers, the benefits they bring, and how they align with Microsoft’s broader vision for the future of business solutions.
An Overview of Price Revision for Dynamics 365
Starting October 1, 2024, Microsoft Dynamics 365 will see a price update for several of its products. Here are some of the key changes:
- Microsoft Dynamics 365 Sales Enterprise: From $95 to $105 per user per month
- Microsoft Dynamics 365 Customer Service Enterprise: From $95 to $105 per user per month
- Microsoft Dynamics 365 Field Service: From $95 to $105 per user per month
- Microsoft Dynamics 365 Finance: From $180 to $210 per user per month
- Microsoft Dynamics 365 Supply Chain Management: From $180 to $210 per user per month
- Microsoft Dynamics 365 Human Resources: From $120 to $135 per user per month
- Microsoft Dynamics 365 Project Operations: From $120 to $135 per user per month
These changes reflect Microsoft’s ongoing investments in enhancing the platform with new features and capabilities.
Reasons for Price Increase for Dynamics 365 Products
The price increase for Microsoft Dynamics 365, effective October 1, 2024, is primarily driven by several factors:
- Ongoing Innovation and Enhancements: Microsoft has continuously invested in adding new features and capabilities to Dynamics 365, including advanced AI functionalities, improved integrations, and expanded functionalities.
- Value Addition: The enhancements and new features are designed to help businesses work smarter, reclaim time, and collaborate more effectively. This includes AI-powered customer insights and end-to-end automation of financial processes.
- Regulatory Compliance: Adjustments in pricing also reflect the need to comply with local regulations and ensure parity across different currencies.
These updates aim to ensure that Dynamics 365 remains a leading solution for customer relationship management (CRM) and enterprise resource planning (ERP) processes.
To get detailed information on Microsoft Dynamics 365 price updates, contact Dynamics Square and also save money on chosen Dynamics 365 products. Schedule a free call now!
How to Manage Dynamics 365 Licensing Costs?
Managing Dynamics 365 licensing costs effectively can be a bit complex, but here are some strategies to help you optimize your expenses:
- Understand Your Needs: Assess which Dynamics 365 applications your organization truly needs. Dynamics 365 offers a variety of applications like Sales, Customer Service, Finance, and more. Start with the essentials and add more as needed.
- Use the Base and Attach Model: Microsoft offers a base and attach licensing model. Purchase a base license for the primary application and attach licenses for additional applications at a reduced cost.
- Leverage Team Member Licenses: For users who need limited access, consider Team Member licenses. These are more affordable and provide access to essential functionalities.
- Monitor Usage: Regularly review your license usage. Identify underutilized licenses and reassign or reduce them as necessary.
- Take Advantage of Promotions: Keep an eye out for any promotions or discounts offered by Microsoft. These can provide significant savings.
- Optimize Storage Costs: Dynamics 365 includes a certain amount of storage. Monitor your storage usage and archive or delete unnecessary data to avoid additional storage costs.
- Consult with a Partner: Work with a Microsoft Certified Partner. They can provide insights and recommendations tailored to your specific needs and help you navigate the complexities of licensing.
Microsoft has revised prices for its business solutions time and again. But managing Dynamics 365 licensing costs entails a lot of complexities. There are multiple strategies that can play out on your path to revise the cost of Dynamics 365 tools.
Taking advantage of promotions can be a tempting phenomenon. It can provide significant savings. Streamlining storage costs can add more value to it.
List of Dynamics 365 Products Not Affected by the Price Increase
The following cloud products will not see Dynamics 365 licensing changes:
- Microsoft Dynamics 365 Business Central
- Microsoft Dynamics 365 Customer Insights
- Microsoft Dynamics 365 Field Service Resource Scheduling Optimization (RSO)
- Microsoft Dynamics 365 Sales Insights
- Microsoft Dynamics 365 Team Members
A Quick Table for Updated Price Changes for Dynamics 365 Products
A list of the updated product pricing changes for Dynamics 365 products, effective October 1, 2024, is provided below.
Product | Price before October 1, 2024 | Price as of October 1, 2024 | Estimated increase % from October 1, 2024 |
Microsoft Dynamics 365 Human Resources | $120 | $135 | 13% |
Microsoft Dynamics 365 Operations – Device | $75 | $85 | 13% |
Microsoft Dynamics 365 Finance | $180 | $210 | 17% |
Microsoft Dynamics 365 Project Operations | $120 | $135 | 13% |
Microsoft Dynamics 365 Sales Enterprise | $95 | $105 | 11% |
Microsoft Dynamics 365 Sales Device | $145 | $160 | 10% |
Microsoft Dynamics 365 Sales Premium | $135 | $150 | 11% |
Microsoft Relationship Sales | $162 | $177 | 9% |
Microsoft Dynamics 365 Customer Service Enterprise | $95 | $105 | 11% |
Microsoft Dynamics 365 Customer Service Device | $145 | $160 | 10% |
Microsoft Dynamics 365 Supply Chain Management | $180 | $210 | 17% |
Microsoft Dynamics 365 Commerce | $180 | $210 | 17% |
Microsoft Dynamics 365 Field Service | $95 | $105 | 11% |
Microsoft Dynamics 365 Field Service Device | $145 | $160 | 10% |
Who Will be Affected by New Pricing for Dynamics 365 Effective October 1, 2024
The price increase for Microsoft Dynamics 365, effective October 1, 2024, will affect both new and existing customers upon renewal. This includes a range of products such as Dynamics 365 Sales, Customer Service, Field Service, Finance, Supply Chain Management, Commerce, Human Resources, and Project Operations.
Prices for these products will increase by varying percentages, generally between 9% and 17%. For example, Dynamics 365 Sales Enterprise will increase from $95 to $105 per user per month.
The price changes will apply globally and will be reflected in different currencies. Additionally, US government list prices will see a 10% increase, with a further smaller increase in 2025 to align with commercial pricing.
Want to Know More About Price Changes and Licensing Costs of Dynamics 365?
If you are eager to know more about the price changes of Dynamics 365 products, then Dynamics Square is a one-stop platform to resolve all your queries. At Dynamics Square, we have a robust team of more than 150 experts who are available 24/7 to offer valuable guidance and consultation regarding Dynamics 365 products. Dynamics Square is a Microsoft Gold partner with more than a decade of experience in Microsoft Dynamics implementation projects. Depending on your business requirements, our consultants will explore ways to save on your Dynamics 365 solutions.
If you need any help, please don't hesitate to contact us by phone at +1 281 899 0865 or by email at arish.siddiqui@dynamicssquare.com.