Dynamics 365 Business Central vs NetSuite OneWorld

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Our analysts compared Dynamics 365 Business Central vs NetSuite OneWorld based on data from our 400+ point analysis of ERP Software, user reviews and our own crowdsourced data from our free software selection platform.

Dynamics 365 Business Central Software Tool
NetSuite OneWorld Software Tool

Product Basics

Dynamics 365 Business Central, formerly known as Dynamics NAV, is a widely used ERP platform that benefits businesses of small and medium sizes. It’s a multi-faceted ERP product that assists in the streamlining of aspects such as accounting, contact management and inventory management. This program has high integration capabilities due to its status as a Microsoft product and is currently used by more than 100,000 companies.

Personalization is a key benefit of this tool that is expressed throughout the program’s different modules. For example, you can customize dashboards and reports to ensure that your employees are obtaining useful insights quickly and easily. The program is also highly automated and can reduce human error through its connected systems.

Pros
  • User-friendly interface
  • Seamless integrations
  • Flexible customization
  • Robust financial management
  • Strong reporting capabilities
Cons
  • Limited industry-specific features
  • Potential customization complexity
  • Scalability concerns for large enterprises
  • Reliance on third-party add-ons
  • Potentially high ownership costs
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NetSuite OneWorld s a scalable global business management ERP that provides real-time data on multinational and multi-subsidiary procedures. It aids global businesses in enhancing their productivity with the flexibility to aid particular corporate and subsidiary requirements.

Financial and accounting regulations, audit and compliance reporting, real-time analytics, order management, billing and timesheet management are some of its most notable features.
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$70/User, Monthly
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Tailored to your specific needs
$999 Monthly
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Tailored to your specific needs
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Product Assistance

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Email
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Knowledge Base
24/7 Live Support
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24/7 Live Support

Product Insights

  • Centralized Data: Dynamics 365 Business Central leans in to the essence of ERP software — data centralization. For example, the system’s contract management program maintains a shared database of customers and prospects that can be customized and filtered. The program also removes any duplicates found in the system, which is especially helpful when you have multiple people entering prospect information or liaising with customers. Customized dashboards and visualizations are also available for insights developed across your company. 
  • Accessibility: This software is available either on-premise or as a cloud-based ERP. If you opt to go with a cloud deployment, the solution will be accessible to your employees anytime and anywhere as long as an internet connection is available. This broadly increases the scope of where your employees can complete their duties and access pertinent information. 
  • Forecasting: Dynamics 365 Business Central contains forecasting tools that include the use of historical demand to estimate future demand. This is helpful because it can improve efficiency, reduce spoilage and improve the likelihood that you will be able to fulfill orders from customers. 
  • Simple Integration: As a Microsoft product, Dynamics 365 Business Central is well poised for integration. The software can work with programs such as Word and Excel and is also available across iOS, Android and Windows devices. Microsoft offers a wide variety of software solutions that can be connected to Dynamics 365 Business Central, such as Dynamics 365 for Sales. 
  • Collaboration: Dynamics 365 Business Central provides visibility and control over multiple production sites. This allows you to collaborate with employees located in that facility to determine benchmarks such as optimal inventory level. Additionally, because of Dynamics 365 Business Central’s availability as a cloud-based solution, it is easy for employees to collaborate on and access materials whether they are in a corporate office or at a production facility. 
  • Security: With this program, you can configure user access to different components of the software. For example, if you don’t want an account representative to have visualization of the payroll, you can limit the scope of a user’s access to the application. Disaster recovery tools also assist with security measures. 
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  • Full Transparency: Users can superintend all of their subsidiaries, business groups and legal apparatuses in real-time from anywhere around the globe so they are never in the dark. 
  • Guaranteed Compliance: Ensure users meet country-specific and global audit and tax standards so everything is smooth sailing. 
  • Adjustable Tax Module: Users have access to pre-assigned tax codes for more than 50 countries with the pliable tax attribute to keep regulations. 
  • Work with Several Currencies: NetSuite OneWorld is equipped with more than 190 currencies and a multitude of payment methods to maintain payments for various countries and regions. 
  • Oversee Projects: The project management appliance offers seamless collaboration between project managers and teammates as well as real-time project status so users never miss a beat. 
  • Modifiable Timesheets: Archive thorough modifiable timesheets with the timesheet management tool, whether in office or on the go.  
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  • Sales Order Management: Dynamics 365 Business Central’s sales order management module allows you to alter quantity available amounts based on posted invoices. You can also use the program to create prepayment invoices and to manage partial shipments. 
  • Analysis Reports: The analysis reports tool is based on helping decisionmakers within your company gain meaningful insights that will positively influence daily decisions. With this customizable tool, you can use factors such as customers, items and vendors to view information such as inventory turnover and customer behavior. You can also use this tool to more accurately pinpoint problems across your business that are creating bottlenecks or inefficiencies. 
  • General Ledger: Accounting and financial reporting tools are a commonly requested feature in ERP software. Dynamics 365 Business Central offers a general ledger in its base package that includes internal and external reporting tools, ability to export data in various formats, employee ledger entries, linking to external documents and reporting in your company’s preferred currency format. 
  • Requisition Management: Dynamics 365 Business Central’s Requisition Worksheet allows you to optimize your inventory based on factors such as predicted demand and material availability. You can also set minimum and maximum quantity levels to determine a reordering point in your manufacturing center. 
  • Multi-Site Functionality: With this software, you can track inventory levels across multiple distribution centers, warehouses, production plants, showrooms and more. You can also track inventory as it moves from different locations while accounting for its value during transit. 
  • Contact Management: The contact management feature allows you to input and maintain a list of your business contacts and prospects. The tool lets you know when duplicate contact information is entered, enables you to issue quotes or sales documents, allows for the categorization of people associated with a specific contact and segments people based on profiling questions. 
  • Optical Character Recognition (OCR): Dynamics 365 Business Central includes support for Kofax Invoice Capture Service (ICS) out of the box. This tool can take information from unstructured PDFs, extract it, and turn it into structured data. 
  • Currency Exchange Rates: This system allows you to update currency exchange rates as they shift. This can be done either manually or automatically. Dynamics 365 Business Central supports Yahoo and European Central Bank (ECB) currency feeds out of the box, but you can add other currencies to the tool using the currency exchange rates setup. 
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  • Rectify Timesheet Approvals: Establish user and project level approvals, evaluate and configure approved timesheets, decline singular timesheet entries and self-reject timesheets accordingly. 
  • Integration: Connect the timesheet management appliance with other NetSuite software including accounting so when time is chronicled, it's accounted for in their general ledger. 
  • Billing: Unify transactions, subscriptions and projects in one location while shifting to financials hassle-free. Users may also create and administer subscriptions such as value-based or usage and initiate recurring billing. 
  • Real-Time Analytics: Send alerts and provide one-click access to valuable project information with configurable dashboards. Each user receives individual modifiable dashboards to fit their requirements. 
  • Adaptable Reporting: Pliant reports and list views permit users to sort and filter to find the right reports. Users may also save any report and review current KPIs. 
  • Project Accounting: Automated invoicing allows users to manage approvals in accordance with customers or projects, promptly analyze outstanding balances on invoices and link project accounting details with a general ledger. 
  • Comprehensive Graphs: Supervise and record summary and detailed project-level accounts such as prompt project profitability metrics and budget versus actual with comprehensive graphs and reports in the project accounting attribute.  
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Product Ranking

#18

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ERP Software

#4

among all
ERP Software

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User Sentiment Summary

Good User Sentiment 366 reviews
Good User Sentiment 2050 reviews
75%
of users recommend this product

Dynamics 365 Business Central has a 'good' User Satisfaction Rating of 75% when considering 366 user reviews from 4 recognized software review sites.

79%
of users recommend this product

NetSuite OneWorld has a 'good' User Satisfaction Rating of 79% when considering 2050 user reviews from 4 recognized software review sites.

3.6 (142)
3.9 (1111)
3.7 (85)
n/a
n/a
4.2 (574)
4.3 (9)
4.0 (1)
3.9 (130)
3.6 (364)

Synopsis of User Ratings and Reviews

Easy to Learn: Precisely 53% of users say the system has a simple implementation process and helpful training materials.
Extensive Features: Features include BOM management, finance management, document management, reporting, search filters, accounting and other modules, according to 79% of users.
Intuitive Interface: Familiar layout and guided workflows simplify data entry and task completion for non-technical users.
Automated Processes: Reduce manual tasks and errors with automated workflows for finance, inventory, sales, and customer service.
Actionable Insights: Gain real-time visibility into business performance through comprehensive dashboards and reporting tools.
Powerful Integrations: Connect seamlessly with Microsoft 365, Power BI, and other popular business applications for a unified data ecosystem.
Cloud-based Scalability: Adapt to growth with a flexible cloud infrastructure that supports diverse user needs and data volumes.
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Real-Time Global Management: NetSuite OneWorld provides real-time visibility into financial and operational performance across all subsidiaries, enabling informed decision-making.
Streamlined Financial Processes: The platform automates multi-currency consolidation and handles complex tax rules for numerous countries, simplifying global financial operations.
Centralized Control: NetSuite OneWorld allows businesses to manage multiple subsidiaries, business units, and legal entities from a single platform, ensuring consistency and control.
Customization Options: The platform offers extensive customization options to tailor the software to specific business needs, ensuring it aligns with unique processes.
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User Interface: Of the users who discussed the interface, 46% said it was not intuitive and the layout is old-fashioned.
Glitchy Performance: Approximately 67% of users said the program's overall performance is slow and glitchy.
Industry Gaps: While strong for core ERP functions, may require additional add-ons or integrations for complex industry-specific needs like manufacturing or healthcare.
Customization Curve: While offering customization options, extensive modifications might require developer expertise, increasing costs and implementation time.
Large Enterprise Scalability: While cloud-based and scalable, very large enterprises with intricate operations might encounter limitations or require additional configuration.
Add-on Dependence: Fulfilling specific needs may rely on third-party add-ons, introducing potential compatibility and support challenges.
Cost Considerations: While offering subscription plans, total cost of ownership can be influenced by user licenses, customization needs, and add-on integrations.
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High Cost: NetSuite OneWorld's subscription-based pricing can be expensive, especially for long-term budgeting, and additional support beyond the basic level comes at an extra cost.
Implementation Challenges: Implementing NetSuite OneWorld can be complex and time-consuming, often requiring dedicated resources and potentially leading to missed deadlines and budget overruns.
Limited Support: Basic support is limited, and businesses may need to pay extra for more comprehensive assistance, which can be a drawback for some.
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Users appreciated Dynamics 365 Business Central's user-friendly interface and automation capabilities, highlighting its ease of use even for non-technical personnel. The streamlined workflows and intuitive layout simplified data entry and task completion, especially compared to competitor solutions with steeper learning curves. The automated processes proved beneficial in eliminating manual work and errors, boosting efficiency in areas like finance, inventory, and customer service. However, some users pointed to limitations in industry-specific features compared to more specialized competitors like SAP Business One or Acumatica. While Business Central excels in core ERP functions, complex needs in manufacturing or healthcare might require additional add-ons or integrations, increasing complexity and potentially cost. Customization, while available, also presented a potential hurdle. While offering flexibility, extensive modifications could necessitate developer expertise, raising implementation time and costs compared to competitors with more drag-and-drop customization options. Business Central's cloud-based scalability was praised, accommodating growth and diverse user needs effectively. This stood out compared to some on-premise competitors with less flexibility. However, very large enterprises with intricate operations might encounter limitations or require additional configuration compared to solutions like Oracle NetSuite designed for such complexity. Overall, user reviews suggest Dynamics 365 Business Central shines for its user-friendliness, automation, and cloud-based scalability. However, limitations in industry-specific features and potential customization complexity compared to some competitors are important considerations, especially for niche businesses or large enterprises.

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Is NetSuite OneWorld the "one world" solution for global ERP needs? Recent user reviews suggest it might just be the ticket. Users rave about its robust global capabilities, allowing them to effortlessly manage multiple subsidiaries, currencies, and legal entities – a godsend for multinational companies juggling diverse portfolios. They particularly appreciate the real-time financial consolidation feature, which eliminates the need for tedious manual processes and provides a clear, instant snapshot of their global financial health. However, it's not all sunshine and roses. The platform's complexity, particularly in expense management, has left some users scratching their heads. While NetSuite OneWorld boasts strong customization options, some users feel hamstrung by the limited flexibility in tailoring the system to their specific needs. The pricing structure, often cited as a significant drawback, has also drawn flak, with users balking at the high subscription fees and the potential for cost escalation as their business grows. Despite these drawbacks, NetSuite OneWorld's strengths shine through. Its cloud-based nature ensures users are always equipped with the latest updates, eliminating the headache of version control. The comprehensive suite of modules, encompassing ERP, CRM, financial management, and inventory management, streamlines diverse business processes under one roof. The platform's robust integration capabilities with other systems further enhance its appeal, allowing businesses to seamlessly connect their existing software ecosystem. In conclusion, NetSuite OneWorld emerges as a powerful ally for businesses with global aspirations, particularly those grappling with the complexities of managing multiple entities and currencies. While the cost and complexity might give some pause, the platform's robust global capabilities, real-time insights, and comprehensive modules make it a compelling choice for companies looking to streamline their operations and gain a competitive edge in the global marketplace.

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