Microsoft Dynamics 365 Business Central (formerly Dynamics NAV) is one of the ERP products in the Dynamics family.
The technology is based on the Navision product acquired by Microsoft in 2002. This product is the best-selling Microsoft ERP platform, and is often used by companies in the manufacturing and distribution verticals.
$8
per month (billed annually) per user
NetSuite ERP
Score 8.1 out of 10
N/A
NetSuite is a suite of ERP and accounting modules which is sold in various editions aimed at different size customers. The multi-country, multi-currency version is an additional module called OneWorld. Netsuite is a SaaS system and is not offered in an on-premise edition.
N/A
Pricing
Microsoft Dynamics 365 Business Central
NetSuite ERP
Editions & Modules
Dynamics 365 Business Central Team Members
$8
per month (billed annually) per user
Dynamics 365 Business Central Essentials
$70
per month (billed annually) per user
Dynamics 365 Business Central Premium
$100
per month (billed annually) per user
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Offerings
Pricing Offerings
Microsoft Dynamics 365 Business Central
NetSuite ERP
Free Trial
Yes
No
Free/Freemium Version
Yes
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
—
Users subscribe to NetSuite for an annual license fee. The license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for initial setup. New modules and users and can be added as a business grows.
More Pricing Information
Community Pulse
Microsoft Dynamics 365 Business Central
NetSuite ERP
Features
Microsoft Dynamics 365 Business Central
NetSuite ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
4.0
Ratings
57% below category average
NetSuite ERP
1.1
Ratings
147% below category average
Pay calculation
2.00 Ratings
1.00 Ratings
Benefit plan administration
2.00 Ratings
1.00 Ratings
Direct deposit files
2.00 Ratings
1.30 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics 365 Business Central
5.8
Ratings
27% below category average
NetSuite ERP
9.2
Ratings
19% above category average
API for custom integration
5.80 Ratings
9.20 Ratings
Plug-ins
5.80 Ratings
9.90 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.7
Ratings
6% above category average
NetSuite ERP
9.7
Ratings
17% above category average
Single sign-on capability
7.40 Ratings
9.70 Ratings
Role-based user permissions
10.00 Ratings
9.80 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics 365 Business Central
5.2
Ratings
33% below category average
NetSuite ERP
9.9
Ratings
31% above category average
Dashboards
4.90 Ratings
9.90 Ratings
Standard reports
5.80 Ratings
9.90 Ratings
Custom reports
4.90 Ratings
9.90 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.7
Ratings
0% below category average
NetSuite ERP
7.9
Ratings
2% above category average
Accounts payable
7.40 Ratings
8.50 Ratings
Accounts receivable
6.90 Ratings
8.50 Ratings
Global Financial Support
5.30 Ratings
9.90 Ratings
Primary and Secondary Ledgers
5.80 Ratings
9.90 Ratings
Journals and Reconciliations
6.30 Ratings
9.30 Ratings
Configurable Accounting
5.80 Ratings
9.90 Ratings
Standardized Processes
5.80 Ratings
9.90 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
5.9
Ratings
29% below category average
NetSuite ERP
9.1
Ratings
14% above category average
Inventory tracking
5.80 Ratings
10.00 Ratings
Automatic reordering
5.80 Ratings
8.90 Ratings
Location management
2.00 Ratings
9.60 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
4.7
Ratings
50% below category average
NetSuite ERP
9.4
Ratings
18% above category average
Pricing
2.00 Ratings
9.90 Ratings
Order entry
5.80 Ratings
8.20 Ratings
Credit card processing
2.00 Ratings
8.90 Ratings
Cost of goods sold
2.00 Ratings
9.50 Ratings
Order Orchestration
6.30 Ratings
9.90 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.4
Ratings
1% below category average
NetSuite ERP
7.9
Ratings
5% above category average
Billing Management
6.30 Ratings
8.40 Ratings
Cash and Asset Management
6.30 Ratings
9.90 Ratings
Travel & Expense Management
5.80 Ratings
9.80 Ratings
Budgetary Control & Encumbrance Accounting
5.80 Ratings
8.90 Ratings
Period Close
5.30 Ratings
9.90 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.7
Ratings
13% above category average
NetSuite ERP
6.6
Ratings
14% below category average
Budgeting and Forecasting
10.00 Ratings
6.00 Ratings
Project Costing
10.00 Ratings
6.00 Ratings
Cost Capture
10.00 Ratings
6.00 Ratings
Capital Project Management
8.00 Ratings
4.00 Ratings
Customer Contract Compliance
10.00 Ratings
9.90 Ratings
Project Revenue Recognition
8.00 Ratings
6.90 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
6.2
Ratings
11% below category average
NetSuite ERP
4.1
Ratings
51% below category average
Project Planning and Scheduling
2.00 Ratings
8.90 Ratings
Task Insight for Project Managers
2.00 Ratings
3.30 Ratings
Project Mobile Functionality
2.00 Ratings
3.00 Ratings
Definable Resource Pools
2.00 Ratings
3.60 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
9.7
Ratings
26% above category average
NetSuite ERP
3.1
Ratings
82% below category average
Award Lifecycle Management
10.00 Ratings
3.50 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Microsoft Dynamics 365 Business Central
6.9
Ratings
0% below category average
NetSuite ERP
3.3
Ratings
71% below category average
Bids Analyzed and Compared
2.00 Ratings
3.50 Ratings
Contract Authoring
2.00 Ratings
1.90 Ratings
Contract Repository
2.00 Ratings
3.50 Ratings
Requisitions-to-Purchase Orders Integrated
5.80 Ratings
3.60 Ratings
Supplier Management
5.80 Ratings
9.90 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.3
Ratings
11% above category average
NetSuite ERP
3.1
Ratings
71% below category average
Risk Repository
5.30 Ratings
3.50 Ratings
Control Management
4.90 Ratings
1.90 Ratings
Control Efficiency Assessments
5.80 Ratings
3.50 Ratings
Issue Detection
5.30 Ratings
3.50 Ratings
Remediation and Certification
5.30 Ratings
3.50 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Microsoft Dynamics 365 Business Central
5.4
Ratings
21% below category average
NetSuite ERP
3.1
Ratings
73% below category average
Transportation Planning and Optimization
2.00 Ratings
2.80 Ratings
Transportation Execution Management
2.00 Ratings
2.80 Ratings
Trade and Customs Management
2.00 Ratings
2.80 Ratings
Fulfillment Management
1.00 Ratings
9.90 Ratings
Warehouse Workforce Management
2.00 Ratings
2.50 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Microsoft Dynamics 365 Business Central
4.5
Ratings
49% below category average
NetSuite ERP
9.4
Ratings
24% above category average
Production Process Design
2.00 Ratings
8.90 Ratings
Production Management
2.00 Ratings
8.90 Ratings
Configuration Management
2.00 Ratings
9.90 Ratings
Work Execution
2.00 Ratings
9.90 Ratings
Manufacturing Costs
2.00 Ratings
8.90 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Microsoft Dynamics 365 Business Central
3.5
Ratings
68% below category average
NetSuite ERP
8.5
Ratings
18% above category average
Forecasting
1.00 Ratings
8.80 Ratings
Inventory Planning
2.00 Ratings
8.20 Ratings
Performance Monitoring
2.00 Ratings
8.90 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
It addresses well some integration and connectivity issues with other software and adapted technologies: formulation and manufacturing batching software, scanners and bar codes, inventory, financials, emailing of invoices and statement, sales and purchasing... etc. I believe it to be better suited to a medium to large company. Not as simple and seamless as we expected for migrating from another Microsoft Dynamics software product (we moved from GP to NAV). Our staff is going through a tougher time than we thought to learn some procedures. Normal growing pains?!
NetSuite suits a mid-sized company best where the organization uses multiple currencies in its day-to-day transactions. NetSuite is ready-to-use for businesses that follow financial standards. The more custom business processes there are, the more implementation is required. I would not recommend NetSuite to a large organization due to its performance issues. Additionally, the in-house bank reconciliation tool is not user-friendly for business purposes.
All of the Dynamics ERP systems are fully integrated with the full family of their Office products (Word, Excel, etc.) but the true power behind Dynamics-NAV is that it comes with complete access to the source code. Although most ERP packages provide some type of a development environment, it is always a third-party software package and requires an additional expense. NAV comes with full source code access and devolvement tools out-of-the-box and requires no additional purchase. The user is able to modify pages, reports and even add additional fields to the standard tables. If your company has an internal development staff you have the ability to purchase the same full development license that the VAR has, allowing you to handle all system customizations and support in-house. The sum total of this high flexibility is that you are able to make NAV conform to your business rather than you conforming to the software.
In addition to the available source code, NAV provides the user with an unlimited ability to modify and build within the rich environment of C/AL code. In over 20 years of modifying the NAV product I have never had a client ask for a modification or custom functionality that I was not able to provide. Add to this the fact that NAV now includes many development points that allow the user to place their custom code inside of the system without impacting the base code. This makes the upgrade process quick and easy and avoids the common occurrence of being version locked.
The user interface of Dynamics NAV has been well thought out and provides a very easy to learn and use package. Master records (Customer, Vendor, Items, etc.) have been laid out in a standard format. Once you learn where fields are located on one record you have learned them all. The forms (called Pages in NAV) have a very similar structure and, by design, are uncluttered and easily customized by the user without impacting the base code. This allows each user to configure the Page to the way they work, easing the learning process and speeding up daily work and data entry.
The NAV environment has grown to be very feature rich in the functionality offered and provides the user with almost everything they need with the purchase of the base product. Advanced features can be added if required as can a large number of third party add-ons made exclusively for the NAV environment. Additionally, user licenses are sold as concurrent and not as named. Concurrent licenses control the number of users allowed into the system at any one time meaning that anyone can be provided with the ability to log into the system. This allows the company to setup an unlimited number of users with the ability to access the system at any given time. This allows the occasional user to share a license with other users who only need to access the system to enter a small amount of data or run a few reports. This functionality is a plus for the company with a large sales staff or outside workers who only need limited access to the system. Named licenses would require that you purchase an access license for every person who needs to access the system.
Customizable Reports and Saved Searches allow much more maneuverability
Elimination Entries that are driven by advanced intercompany journal entries
Journal Entries can be entered in as basic or advanced intercompany to better represent the type of transaction occurred for reporting purposes
Training through the LCS module can help shed knowledge on a range of topics at a self paced learning basis
NetSuite ERP offers to all users a SuiteAnswers platform to pose frequently asked questions with answers generated from a combination of NetSuite ERP experts, users, and more recently AI based.
There are not a lot of "out of the box" automation processes, for Microsoft Dynamics NAV. Different versions of NAV, have had various job scheduling functionality. However, each process that is automated, must be confirmed that it will function correctly, in an automatic mode. In our installation, most of the automation processes have been custom-developed.
Microsoft Dynamics NAV could have better documentation. Much of the documentation is original, from multiple versions ago. There is generally no step-by-step instructions, on performing various functions. Instead, most help is context-sensitive, obtained by pressing F1, on a particular field.
Older versions of Microsoft Dynamics NAV had a built-in WYSIWYG report builder, which made designing reports fairly straight-forward. Later versions (2013 and forward) rely exclusively on Visual Studio and SQL Reporting Services, which require a greater technical level of expertise, to use.
We've already decided to continue using this software. It is too expensive for us to upgrade so we made a workaround by using the virtual computer with Windows XP installed on it. We did research replacing this software, but it was a better financial decision to keep what we had instead
I am not the decision maker for this but I believe our company will be sticking with NetSuite for the long term. A CRM like this is a big investment and not something you move away from quickly and without a lot of planning. There is a lot of data involved and importing that into a new system is no easy task.
Best in terms of reporting or coming up with a great dashboard. Seamlessly collaborated with teams without depending on particular device as its web version is the buddy for people with work flexibility. Licensing price and integrations can be the areas of improvement and can simplify the interface which will be easy for a new user.
It's beneficial if you know what you're doing, but it can be very confusing to find what you're looking for, and many things seem overly complicated or require too many steps to accomplish a simple task - which can be overwhelming for someone accustomed to QuickBooks.
It has been very reliable. I can only think of 1-2 times in 4.5 years that we have had issues getting in, and in each case were able to get back in within 1 hour. There has not been a major downtime
Most of the time the performance is very good. Pages load in a few seconds; financial reports take less than 5 seconds; basic searches take a few seconds. But performance can be sporadic throughout the day and cause the run time to triple.
It provides one to efficiently be able to manage bookkeeping and inventory without much challenges. One can easily navigate through workflow processes while managing usages and budgets. Being able to produce reports in Word, Excel or PDF means one is able to have a working document to produce trends and graphs or produce pivot tables.
I would like to give 8 rating for NetSuite support and reason for that is below: Whenever we faced any technical or functional issues we tried to reach out to NEtSuite support but response was not immediate. We told them about the urgency of the issue but still we were not getting response on time. Then, we have to reach out to AE to get things resolved.
I had in person training for a day when first got the software. The training was good. The challenge was that there was a large gap between training and when we went live so we forgot quite a lot
Implementation was fine but could have gone quicker.
NetSuite provided me a implementation guide who I did not think was very knowledgeable.
I recommend that you make sure the organization knows how they are going to use the software and come up with an implementation plan before importing all of the data.
Dynamics fits the modern world, integrating new technology to ensure a complete business process is readily accessible in a rapidly moving world of "in-office" and "remote" work. It solves the need for several departments and streamlines procurement, warehouse, and finance processes.
NetSuite by far is the most expensive; However, compared to the 3 systems notated, the overall functionality, capability and reporting advantages make it my top choice for companies experiencing exponential growth across all departments. Its a best in class solution for just about any user.
We have been able to scale our business 25X without any major overhaul with Netsuite. Its dashboard setup makes onboarding new employees very easy and allows data to be shared across multiple offices. Its cloud setup does not put any pressure on IT to scale servers or other infrastructure. We have been able to become much more efficient in all aspects of the business.
NetSuite ERP data is used for material reporting. That is like balance sheet and profit and loss reporting. It plays a key role in financial data management.
Too many customisation become hard to manage in over a period of time.