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Microsoft Dynamics 365 Business Central vs Oracle NetSuite

Introduction:

Both Microsoft Dynamics 365 Business Central and Oracle NetSuite are marvelous ERP software. Both the solutions offer lots of powerful features and can provide lots of advantages to their users. But which ERP cum CRM software is better than the other? Well, that’s the question we will answer/address today with this article. Here’s everything that you need to know about both the ERP cum CRM solutions.

Basic Difference:

Microsoft Dynamics 365 Business central is a robust software that features the capabilities of both CRM and ERP software. Using it a business can easily monitor/optimize its financial management process, increase its sales, deliver stupendous customer service, etc. Furthermore, it also helps an organization in nurturing its leads, automating processes, optimizing warehouse management, etc. To learn about this great CRM/ERP software in detail feel free to join Microsoft Dynamics 365 Business Central Online Training in India.

Oracle NetSuite is also a great ERP cum CRM software. Using it a business can easily manage its inventory, track its financial performance, streamline its operations, etc. Moreover, it also helps an organization in delivering amazing customer service and forecasting. Plus, it also allows its users to easily set up customizable KPI views.

Pricing:

Business Central comes with a price tag of $70 per month or $840 per annum. However, this cost may vary depending upon the edition you choose or the add-ons that you add to the software. While Oracle NetSuite comes with a price tag of $99 per month or $999 per annum.  Additionally, the cost of implementing Business Central is approximately $20,000. On the other hand, the cost of implementing NetSuite is $25,000. Thus, in terms of costing Business central appears to be much more affordable than its competitor.

Reporting:

Dynamics 365 Business Central comes with robust reporting capabilities and provides an organization with an accurate view of its performance. The software allows its users to create/set up infinite dimensions for the purpose of analyzing data. This makes it very easy for an organization to drill down its business data for in-depth analysis. NetSuite also comes with fantastic reporting capabilities. However, unlike its competitor, it allows users to create only 3 dimensions for analyzing data. Besides this, it requires you to run reports or go through various views to get transactional details. Overall, in terms of reporting capabilities, Business Central appears to be a better option than NetSuite.

Integration:

You can easily integrate Microsoft Dynamics 365 Business Central with various Microsoft tools like Office 365, Azure, etc. On the other hand, NetSuite does not support native integration with other third-party products. To install add-ons on your ERP software you will have to use the SuiteCloud platform. Thus, in terms of integrations Business Central appears to be better than NetSuite.

Release Schedule:

Business Central users receive two major updates from Microsoft every year in April and October. These updates include bug fixes, new features, performance improvements, etc. Furthermore, the software automatically installs released system updates. Besides this, it also gives administrators the freedom to test features before enabling them. NetSuite users also receive two major version updates from Oracle every year in February and August or March and September. These updates include feature enhancements or new features. However, you will have to hire the services of an implementation partner for upgrading your NetSuite system.

Other Differences:

  • Since Business Central is available on monthly basis you can easily scale it up or scale it down as per your needs. While you cannot scale up or scale down NetSuite easily as it is available on yearly basis.
  • Microsoft Dynamics 365 Business Central offers lots of customization and personalization options to its users. While NetSuite offers only a few customization and personalization options to its users. To learn more about the customization options of both the software feel free to join the Microsoft Dynamics 365 Business Central Training Institute in Gurgaon.
  • You don’t need to hire the services of professionals to install updates on Business Central. However, you have to hire the services of a professional if you want to install updates on NetSuite.

Conclusion:

Both NetSuite and Business Central are phenomenal ERP software. Both the ERP software come with lots of great/amazing features and functions that can be very useful for a firm. But overall, Microsoft Dynamics 365 Business Central appears to be better than NetSuite. Thus, if you are thinking of purchasing any of these ERP systems then you should go for Business Central rather than NetSuite. It is an excellent ERP/CRM software and offers lots of phenomenal features to its users. Furthermore, it is cost-effective too. So, make sure you purchase it rather than purchasing NetSuite.

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