Microsoft Dynamics 365 Business Central is a versatile solution, offering functionalities such as finance, human resources, operations, marketing, and sales. It integrates with other Microsoft services like Office 365, Power BI, and Azure, providing an integrated environment for businesses.
This cloud-based solution is best suited for small companies and midsize businesses. Industries that typically benefit from Dynamics 365 include manufacturing, retail, healthcare, financial services, nonprofit, and professional services.
Oracle’s NetSuite ERP is known for its customization and scalability. It’s a multi-tenant ERP software supporting finance, operations, sales, service, and HR needs. Moreover, NetSuite integrates with eCommerce platforms, point-of-sale apps, and more, making it a versatile choice for a variety of businesses.
NetSuite is best for small businesses, mid-market companies, and enterprises. However, due to its complexity, we don’t recommend it for startups.
After our review, we feel that Microsoft Dynamics 365 is likely better for most businesses. It’s user-friendly, offers excellent product integrations, and has a strong accounting module. The platform includes audit trails, multi-currency, and multi-language support, and automates recurring tasks like invoicing and reporting.
However, if your business requires more customization, scalability, and has a need for numerous third-party integrations, NetSuite could be a more suitable option.
If you’re still uncertain, you can check our roundup of the best ERP software available in the market.