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When it comes to deciding which Microsoft ERP solution is right for your growing business it can often by dictated by the size of the business you have, however this shouldn’t be the only variable that you could consider.
In our latest blog article, we are going to form a comparison between Dynamics 365 Business Central (formerly known as Dynamics NAV) and Dynamics 365 Finance & Supply Chain Management (formerly known as Finance & Operations/Dynamics AX) from a strategic point of view.
Requirements of the business/company |
For Dynamics 365 Business Central |
For Dynamics 365 Finance & Supply Chain Management |
Scalability |
Multi-instance ERP software across different places makes it easy to scale up your system as and when you need to particularly if you expand into other countries. Each use of this software can be different in the way it operates.
Being able to report back from multiple entities will require tailored support. |
Single instance ERP solutions are designed for large businesses/organisations where reporting needs to be delivered across the business/departments no matter how many entities that are present inside the system.
The problem is if you need to add new companies this can be complicated and costly. |
Business Environment |
Any decisions made can be taken nearer to local markets and make use of local intelligence. |
Any decisions made are driven by policies and made from one place which reduces the importance of adapting to local markets. |
Business Processes |
Centrally based businesses where the decisions are taken on a local basis and need to have the flexibility around local conditions. |
Centrally based businesses where the decisions are made centrally across the business rather than making any local decisions. |
Management |
Centrally based businesses where the decisions are taken on a local basis and need to have flexibility around local conditions. |
Centrally based businesses where the decisions are made centrally across the business rather than making any local decisions. |
Business Functionality |
Out-the-box functions cover the standard essentials required. Apps can further enhance the solution |
Out-the-box functions are deeper and heavy on features. Verticalized apps further enhance the solution. |
Business Scope |
Finance & less complex business functions and processes |
Finance & more complex business functions and processes |
Implementation |
Quicker implementation due to less complexity and capability to make smart decisions faster |
Longer implementation due to greater complexity & alignment with multiple entities. |
Costings |
Low licensing & implementation costs |
High licensing & implementation costs. |
As you can see from the above comparison table, it is pretty clear that Dynamics 365 Business Central is suitable for almost all organisations over the more expensive Dynamics 365 Finance & Supply Chain Management offering.
Next Steps?
If you have read the above comparison table and are keen to take the next step to move to Dynamics 365 Business Central or wish to migrate from Dynamics NAV, Dynamics 365 Finance & Operations or Dynamics AX to Business Central then please get in touch with one of our team of Business Central experts today to discuss your requirements in more depth.
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