Microsoft Dynamics 365 Business Central is a comprehensive business management solution designed for small to medium-sized businesses. It automates and streamlines the business process by helping users to manage your business. If you’re seeking to have a comprehensive business management solution, then Dynamic 365 BC is for you. It’s simple to use and adapt business collaborations with allowing you to make smart decisions.
The business application extended and utilized other Microsoft Cloud Services such as Office 365, Power BI, Microsoft Flow, and other Power Apps. Dynamic 365 BC adapts itself by changing business and growing business needs while taking benefits of advanced technology.
Why choose Microsoft Dynamic 365 Business Central?
- Financial Management
- Supply Chain Management
- Operation Management
- Project Management
- Reporting and Analysis
- Sales and Service Management
Let’s move on with the topic by understanding how Microsoft Dynamic 365 Business Central is best over NetSuite.
In simple words, have you imagined sharing a single phone line with multiple users? Yes, it was common during the early days of the telephone. Now can you imagine your info is shared with other parties Similarly, party-line works like NetSuite’s multi-tenant software, whereas Dynamic 365 works as a single-tenant solution.
Dynamic 365 Approach are:
- Customizability
- Flexibility
- Enhanced Security
- To understand better, let’s find out more
- Dynamics 365 Vs NetSuite
NetSuite
- It’s complicated and takes time to deploy with requiring extensive customization.
- The service contracts are inflexible, and the pricing adds thousands of dollars per year.
- It’s acquired by Oracle in 2016 and suffer losses in the last few years.
Dynamic 365
- It comes with a familiar interface and built-in setup wizard.
- It comes with a high value to license, which has 5-year TCO at significantly lower than NetSuite.
- It offers complete stack infrastructure, applications, and platforms with a deep ERP heritage.
Dynamics 365 Vs QuickBooks
QuickBooks
QuickBooks owned by Intuit and around us since 1983. It’s one of the best payroll systems and credit card processing add-ons as it plays a big part in the QuickBooks solution. It comes with a full range of deployment options. One can run the solution page in a single-tenant configuration with QuickBooks. Compared with Dynamic 365, it has more critical advantages like easy payroll integration and payment processing. However, there are a few restrictions that QuickBooks offers.
Disadvantages of QuickBooks
- Weak security options and too easy for making mistakes with improper data access.
- Not Robust and no login records or change to master records possible.
- It comes with Limited reporting options, which makes it difficult for customer insights and analytical capabilities.
- It’s not scalable. Therefore, if you have a growing business, consider using Dynamic 365 BC to have better billing options. As with QuickBooks, it’s challenging to manage third-party or different client locations.