Microsoft’s popular Dynamics 365 software combines best-in-class ERP, CRM, and BI solutions into a single product offering. It is a business platform that integrates all your departments and their operations, to give you crucial insights to optimize and grow your organization.
However, much to the confusion of our clients, there are two different flavors of ERP to choose from within the Dynamics 365 family:
In April 2018, Microsoft re-branded its all-in-one business platform, Dynamics NAV to Dynamics 365 Business Central. This new software application offers enhanced capability and a single, end-to-end solution for managing finances, sales and customer service.
Earlier, Microsoft transitioned their powerful Dynamics AX product from a legacy on-premise solution to the pure cloud Dynamics 365 Finance & Operations model.
While the ERP software industry is packed with established players, few have the proven track record of these Microsoft ERP systems.
ERP systems help to streamline business processes that result in making more informed decisions, thus making them an essential tool for growing organizations. These days, no business with a focus on growth should be operating without an ERP system. Let’s look at both ERP offerings from Microsoft to determine which path is right for you.
What is Microsoft Dynamics 365 for Finance and Operations?
Widely regarded as Microsoft’s most advanced ERP solution, on par with SAP Business 1 or Oracle, D365 FO is designed to fuel steady business process transformation efforts across market segments.
Main benefits include:
What is Microsoft Dynamics 365 Business Central?
Business Central is basically the latest version Dynamics NAV, now available either on-premise or online as a pure-cloud SaaS model application.
Users of Dynamics NAV will notice that Business Central includes all the essential features they are familiar with. That’s because D365 BC runs on the same application code as Dynamics NAV.
Its similarities to NAV lead many clients to ask us at Admiral, if Dynamics Business Central is the same as Dynamics NAV.
Not exactly; while D365 BC shares the same code base as NAV 2018, the latest version includes all the functionality currently seen in NAV, with new features and added functionality, and a brand-new interface.
Main benefits include:
While both ERP packages have a number of functional similarities, they also have a number of differences between them, that can determine which is best for your business.
Some of them are:
How much will deploying either ERP cost?
With such a rich set of features and the huge benefits they can offer your business, I bet you’re wondering how much all this will cost.
The cost will vary based on the number of users and the number of features your business needs.
For D365 FO, a solution designed for medium to large organisations, costs start at $190/user per month on the Unified Operations plan and go up to $210/user per month for the full Dynamics 365 plan. Contact an Admiral rep here, to walk you through which plan will suit your business.
For D365 BC, costs start at $70 per user/month for the Essentials plan and $100 per user/month for the Premium plan.
So, which ERP is best for you; Dynamics 365 Business Central or Dynamics 365 for Finance and Operations?
At Admiral, we know that either solution can provide a reasonable fit for most businesses. Both are sensible choices from a software company that has merged ERP, CRM and Office 365 onto one centralized platform.
From a functionality standpoint, both solutions are robust and powerful so there really isn’t a ‘one size fits all’ answer to the question. Your choice of ERP will depend on the individual requirements of your business.
At Admiral Consulting Group, our Microsoft ERP experts can help you understand the capabilities of both systems and advise on the best choice to meet your unique needs. Stop guessing which ERP software will help your business grow to the next level.