Dynamics 365 Business Central vs Oracle NetSuite
Dynamics 365 Business Central and Oracle NetSuite are both cloud-based enterprise resource planning (ERP) solutions that can help businesses manage their financials, supply chain, customer relationship management (CRM), and other operations. Both systems have similar capabilities and can be used by organizations of all sizes, although they may have different strengths and target markets.
It is no doubt that ERPs are the backbone of emerging companies of all sizes. From managing operations and manufacturing to financials and supply chain management – there’s a lot that can be done with powerful and robust ERPs that make running and streamlining businesses easier.
In this blog, we’ll be taking you through two of the equally important systems present currently across the globe – Dynamics 365 Business Central and Oracle NetSuite– telling you how they would complement your business and make things comfortable for your operations.
While both the systems are designed to make businesses run efficiently, the way they do it is diverse and differs b/w Dynamics 365 Business Central and Oracle NetSuite. To explain in simple terms –although all the cars serve the same purpose, their engine-built and performance differs from brand to brand, right?
What are the features of Dynamics 365 Business Central?
As the name denotes, Business Central is developed and run by the world’s leading tech giant, Microsoft. Coming to its specialties – Dynamics 365 Business Central is known for its operational flexibility, optimal performance, and actionable insights which overall constitutes an integrated and innovative business management solution.
You can deploy Dynamics 365 Business Central in either cloud or as an on-premise solution at your workspace. And the same can be tailor-fit in accordance with your business requirements. The best part is it can be used and accessed anywhere from the registered devices.
With Dynamics 365 Business Central, you can obtain faster reporting of business-critical data that is needed to make decisions. Users can also check financial closes and cycle times of the operations. Adding on, the optimal performance can be used to increase the company’s productivity with embedded Microsoft Dynamics 365.
Not just in operations – the stellar Dynamics 365 Business Central Features help to predict (anticipate) sales using the historical data which is saved in the back end at regular intervals and can be viewed, anytime. With built-in business intelligence software and real-time data visualization – all that you need to run a business successfully with data is now at your fingertips.
Read more on how Business Central will help your business do more.
What are the Oracle NetSuite features?
As glanced earlier, the end goal of both the systems is the same – help businesses achieve efficiency with integrated systems for streamlined operations. It’s the way their systems are built that makes the difference. Let’s now take a look at the standout of Oracle NetSuite features.
There are as many as 27,000 customers of Oracle NetSuite making this also one of the preferred systems chosen by companies. From financial control to inventory management and accounting software to understand your business better, the options in Oracle NetSuite are limitless to help your business do more, in less time.
Businesses cannot risk making an error in financial operations as even one would lead a long way down to the company. The same with how you manage the inventory in the multiple warehouses and help in completing order fulfillment in a fast time.
With features such as automating financial processes, gaining top-notch inventory visibility, supply chain optimization, seamless order management, and upping warehouse efficiency – Oracle NetSuite gives great control on doing business the way you want to do.
Dynamics 365 Business Central or Oracle NetSuite – What ERP to choose?
Choosing a future-proof system that will accelerate your company’s performance is not a small thing and sure does take a lot of time considering the complexities involved in the various domains and decisions that a company has to take. Below, we’ve listed out various points where we compared Dynamics 365 Business Central or Oracle NetSuite on how each would fare in any given situation.
- Implementation – While Dynamics 365 Business Central can happen in a short time for the cloud and can take a couple of weeks for on-premise installation, Oracle NetSuite can take up an even longer time if you ask for extensive customizations to suit your business.
- Cloud or On-Premise – Oracle NetSuite does not have an on-premise solution as the focus for them is fully on the cloud. Whereas, for Dynamics 365 Business Central, the options to choose either cloud or opt for an on-premise lies on the buyers.
- Pricing – Since Oracle NetSuite is fully hosted on the cloud with multiple customizations involved, the pricing or licensing is not publicly stated. And for Dynamics 365 Business Central — it comes around to $70 per month for a preset number of users.
- Analytics and Reporting – Both systems are loaded with incredible features to assist your business journey. While Dynamics 365 Business Central allows unlimited parameters and controls to measure, NetSuite offers only 3 dimensions to analyze data.
- Third-Party Integrations – The wonderful thing about Dynamics 365 Business Central is Microsoft itself has a lot of apps, like Office, Azure, and more that can be easily integrated. Coming to NetSuite, the same can be done with SuiteCloud Connect.
- Customizations – Dynamics 365 Business Central allows users to customize the layout based on business needs. However, there are certain limitations with NetSuite as the configuration options are limited without flexible options available.
- Security – Considering the severity of this aspect, both Dynamics 365 Business Central and Oracle NetSuite are infused with multi-layers security covers to protect all the data that’s within.
Conclusion
While both Dynamics 365 Business Central and Oracle Netsuite add amazing value to businesses across the globe – If we have to choose one amongst them, we’d suggest going with Dynamics 365 Business Central for companies who are brimming to up their business level and stand ahead of their competitors.
Convenient Business Central Pricing, top-notch Dynamics 365 Business Central features, and many business central customization options, and a system that scales along with your brand – Dynamics 365 Business Central is a brand you can trust.
So, what next? Thinking about how to go about getting Dynamics 365 Business Central into your business for achieving the optimal results? Get in touch with us and we’ll explain how it will elevate your business performance.
