Most businesses that have outgrown entry-level or legacy on-premises accounting systems turn to more robust, cloud-based enterprise resource planning (ERP) systems to take advantage of its intrinsic capabilities, increase efficiency, and improve productivity.
Two of the top choices of many small to medium sized organizations for their next ERP are Dynamics 365 Business Central and Netsuite. Both are leading cloud-based ERP solutions in the market that help businesses manage their finances, operations, and customer relationships but the questions remain, "which is better for my business" and "why do most organizations choose Business Central"?
While both solutions have their own strengths and weaknesses, Dynamics 365 Business Central offers several benefits over NetSuite:
Lower Total Cost of Ownership
Business Central offers a more affordable pricing model compared to NetSuite. It offers a subscription-based pricing model that is typically lower than NetSuite's pricing model, which charges additional fees for additional users and customizations.
Business Central is easier to implement and deploy compared to NetSuite. It offers a simpler user interface and easier-to-use tools for configuration, setup, and customization. This means your business can get up and running with Business Central more quickly, saving time and resources.
Seamless Integration with Microsoft tools
Business Central integrates natively with the tools and applications your users already know and love in Microsoft 365, such as Microsoft Office, Power BI, Power Apps, and other enterprise Dynamics 365 apps. This means that your business can easily share data between your ERP system and other Microsoft tools, therefore, streamlining workflows and increasing productivity.
Strong Financial Management Features
Business Central offers stronger financial management features, including cash management, budgeting, and financial reporting. These features help businesses manage their finances more effectively, providing greater insight into cash flow and financial performance.
Easier Customization and Scalability
Compared to Netsuite, Business Central offers organizations a more flexible and customizable solution. It allows businesses to customize workflows and add new features more easily, making it easier to tailor the software to specific business needs. Additionally, Business Central is more scalable, making it a good choice for businesses that are growing or expanding their operations.
You may also check here our previous post for a more detailed comparison of Business Central vs Netsuite.
Business Central is better for small to medium sized businesses
While Netsuite is a comprehensive ERP solution, it may not function optimally when used with third-party applications. Dynamics 365 Business Central on the other hand provides full ERP functionality and works seamlessly with other solutions, such as Microsoft products and third-party applications.
At Systema Solutions, we specialize in Business Central consulting, implementation, and support. Let's connect if you have further questions about Business Central. We offer a complimentary 4-hour assessment to help you review and evaluate how Business Central can fit in your organization.