An Enterprise Resource Planning (ERP) system helps organizations manage their day-to-day business operations, including financials, sales, supply chain operations, compliance and risk management, etc. Businesses that deal with a lot of data need a central platform that can serve as a single source of truth while streamlining different business processes, lowering costs and boosting productivity.
There are many reasons to invest in an ERP system, and its benefits are known far and wide, but today, we will be answering some important questions about what an ERP system can do for a business like yours. How does an ERP system organize workflows and improve collaboration? With countless choices for an ERP system, how does a business choose the one best suited to their needs?
Also Read: How is Artificial Intelligence (AI) changing ERP systems?
Microsoft Dynamics Great Plains and Dynamics 365 Business Central are both key players in the enterprise resource planning (ERP) landscape. Both these ERP systems help businesses manage their accounting and financial needs and are better suited for small and mid-sized businesses. They are both equipped with feasible budgeting and reporting facilities. However, some of the key considerations for choosing between the two are advanced functionalities, customization tools, upgrades, infrastructure requirements, and licensing. Let’s dive deeper into what each one offers:
Dynamics GP is a comprehensive, on-premises software best known for its extensible design, ideal for larger businesses seeking complete control over their data sources and requiring heavy customizations. GP is a stable and large install base with perpetual and subscription licensing. It supports both on-premises and cloud-based hosting options with additional ISV products add-ons to extend the functionality. However, Dynamics GP is not as adaptable as other Microsoft ERP solutions.
Deployment Options: Dynamics GP is well-known for its flexibility and allows users to choose between on-premises or cloud-based deployment, based on specific business needs.
Automation: Dynamics GP automates manual and repetitive tasks such as financial and inventory management, compliance and reporting. By implementing Dynamics GP, businesses can reduce human errors, accelerate processes, and improve accuracy.
Streamlining: Dynamics GP streamlines business processes, enabling 360-degree visibility across various functionalities, such as finance, supply chain management, and human resources management. This integration drives informed decision-making across the organization.
Dynamics 365 Business Central is a cloud-based business management solution best known for its scalability and flexibility. Business Central can easily integrate with different Microsoft tools and technologies, thereby offering enhanced collaboration among all stakeholders. Due to its easily deployable, scalable and cost-effective model, it is a hit among small-and-mid-sized businesses.
Business Central is a SaaS tool, which means it actively reduces the need for installation and upgrade consulting. Unlike Dynamics GP, Dynamics 365 Business Central has a monthly subscription licensing plan, enabling customers to pay-as-they-go and scale up or down as needed. Let’s take a look at a few of the advantages of Business Central implementation.
Microsoft Dynamics GP and Dynamics 365 Business Central are both business management solutions, particularly for small and mid-sized businesses and while GP has set an impeccable track record, in recent years, we have witnessed a major shift towards the modern and intuitive Business Central. Let’s look at some notable advantages of Dynamics Business Central to understand why it has gradually made its way to the top:
Finance Management: Business Central offers real-time financial visibility and seamless integration with Power BI for advanced analytics, surpassing Dynamics GP’s capabilities.
Business Intelligence: Reporting is one of the key advantages of using a cloud-based business management solution integrated with Power BI. You can track as many KPIs as you want and customize reports across different functions, boosting data analytics and decision-making beyond Dynamics GP’s basic reporting features.
Project Management: Business Central combines project planning, resource management, and task tracking in a comprehensive and unified platform, improving efficiency compared to Dynamics GP’s segmented approach.
Sales and Service: One of the other key benefits of using Business Central is that it integrates sales and service management, simplifies operations and enhances customer satisfaction more effectively than Dynamics GP.
Planning Management: Business Central brings together an advanced set of functionalities, including inventory forecasting and demand planning tools, into this streamlined and unified cloud-based business management solution, enabling businesses to predict and improve supply chain planning to stay agile and drive business growth.
Human Resources: Microsoft Dynamics 365 Business Central integrates HR management with finance and operations, offering comprehensive HR capabilities like payroll and benefits administration, surpassing Dynamics GP’s basic HR features.
Also Read: How to Migrate from Dynamics GP to Dynamics Business Central?
As you may have noticed, both Microsoft Dynamics 365 Business Central and Microsoft Dynamics GP have merits of their own. However, Microsoft Dynamics 365 Business Central is an affordable, easy-to-use, and all-in-one ERP solution for all your accounting and operational needs, seamlessly integrating with your business, boosting productivity, and improving collaboration and reporting.
Migrating to Business Central is a smart choice with automatic biannual upgrades, pay-as-you-go scalability, seamless integration, extensive compliance measures, and enhanced security features. Unlike Dynamics GP, Business Central implementation offers a modern, cloud-based ERP system that evolves with your business needs, ensuring continuous improvement and innovation.
We offer Business Central support and implementation services. Contact us today to learn more about Microsoft Dynamics 365 Business Central.
Intech Systems is a leading provider of comprehensive business solutions, specializing in delivering cloud-based ERP solutions that enhances operational efficiency and drives growth. As a trusted Dynamics Partner we offer expertise in Dynamics 365 Business Central Licensing and Pricing, ensuring businesses receive the best value for their investment. Our team of dedicated Dynamics 365 consultants leverages the 365 platform to tailor solutions that meet the unique needs of each client. Intech Systems proudly features solutions on Microsoft AppSource, providing easy access to our innovative offerings. We also excel in implementing CRM solutions that help businesses manage their customer relationships more effectively. Embracing Microsoft’s AI innovations, we empower organizations to harness advanced technologies to stay ahead in the competitive market landscape.
Intech Systems is a three-cloud Microsoft-certified partner that boasts deep expertise in providing digital transformation solutions for organizations by leveraging the Microsoft 365, Dynamics 365, and Azure solution stack. Intech is recognized as a top-tier Microsoft implementation partner globally and specializes in transformative technology solutions such as ERP (Enterprise Resource Planning), CRM (Customer Relationship Management), Business Process Automation, Business Intelligence, Cloud Infrastructure, Data Management, Productivity & Collaboration and Generative AI (Gen-AI) solutions. As a trusted Microsoft Solutions Partner, we are capable of doing complex technology implementations catered to an organization’s specific needs & also rapid solution implementation such as our Microsoft Dynamics 365 Business Central implementation packages. We pair our implementations with end-to-end customer support, offshore development & 3rd party integrations. With offices in India, USA (United States of America), and Singapore, we work with clients across globe to empower businesses with cutting-edge technology solutions. Our latest services aim at delivering business ready AI solutions to the customer, like our Microsoft Copilot Consulting Services & Solutions for small, medium & large enterprises. Intech’s expertise lies in building software solutions for Manufacturing, Professional Services & Healthcare. Our Dealer Management System, Sales and Service CRM for Manufacturing, Field Force Automation for Pharmaceuticals and Manufacturing Central are some of our leading industry solutions. Intech’s vision is to catalyze digital futures for operation-centric industries globally, we are at the forefront of innovation, helping organizations drive growth and innovation like never before. Contact Us to learn more.
The primary difference between Business Central and Dynamics GP is how each product has been designed. Dynamics GP is a legacy product, which was originally intended for on-premise deployment but has recently been updated to support cloud functionality, so it now offers both on-premises as well as cloud-based deployments. Business Central, on the other hand, is a modern and intuitive cloud-based business management solution designed for small and medium businesses.
Microsoft Dynamics 365 Business Central is one of the most popular ERP solutions in the market today. This cloud-based ERP solution helps businesses reduce long-term infrastructure and maintenance costs, streamline financial management, and optimize operational efficiency through predictive analytics, AI, and data visualizations.
Microsoft offers comprehensive business management for finance, sales and operations by encompassing the core modules, such as financial management, customer relationship management, supply chain management, and warehouse management, under Dynamics 365 Business Central Essentials.
Dynamics 365 Business Central seamlessly integrates with Microsoft solutions like Microsoft 365, Power BI, and Azure, creating a unified ecosystem for businesses. This integration facilitates real-time data sharing and simplified workflows, boosting collaboration and driving productivity across teams.
While Microsoft Dynamics GP and Dynamics 365 Business Central each have their benefits, choosing the right software for your business depends on your company’s specific business needs. With Dynamics 365 GP, you get complete control over your data, but with Dynamics 365 Business Central, you get scalability and flexibility. Business Central offers a pay-as-you-go subscription model, so businesses can scale up or down as needed. The best way to decide whether you should go with Dynamics GP or Dynamics 365 Business Central is to consultwith a licensed provider. Intech Systems, with its four-decade-long legacy and three-cloud expertise, is here to guide you on your journey towards digital transformation. Get in touch with us today to schedule a discovery session to decide the best way forward for your business. If you are interested in exploring Business Central and what it can do for your business, tune in to our community call on Wednesdays (Biweekly), and drop in with your questions on Business Central. Register for our Ask Us Anything
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