If you are running a full-time company, you are probably looking for the finest solutions to automate the core operational process. The way to do this is to find the right and perfect fit solution according to your industry. You can look up some Enterprise Resource Planning (ERP) solutions or select Dynamics 365 by Microsoft.
However, you might be thinking about the ways to identify the need for a solution as per your industry. To help you achieve this here is a comparison of the basic features of both basic ERP and Dynamics 365. By the end of the article, you’ll know what’s right for you.
So you can make the best decision for your organisation you will need to understand the basic difference between the ability of each.
- Implementation and Integration
The implementation of the Dynamics can be challenging at times; Microsoft Dynamics is a powerful yet complex system. If you fail in implementation, you might pay for it in the long run. However, Dynamics is easy to integrate with other Microsoft products which means employees can access Microsoft products without going outside of ERP.
The other ERP systems may be easy to implement, but they are difficult for accessing the other Microsoft products.
Dynamics 365 has the capability of managing 95% of financial functionalities. Other software is said to be capable of 90%. Well, it might be a small one, but still an impactful difference, especially for larger size organizations.
3. Human Resources
Human Resources is the most crucial department of any organization. Dynamics covers 88% of the functions required for HR as compared to other ERP as they cover 78% of functionalities. From here it is up to you as you have to see if it is suitable for your industry or not.
4. Manufacturing Management
You can manage 96% of manufacturing functionalities with Dynamics 365. Other ERP solutions only cover 88% of the functionalities. You can see a clear difference here.
5. Inventory Management
Dynamics will be offering you 96% of the modules of inventory. Other ERP solutions may support only 86% of functionalities. However, you may still need to look for the benefits in the long run, and you can find other independent software more convenient and helpful.
6. Purchasing Management
Dynamics 365 is supporting the Purchasing managing functions of up to 99%. Well, there is not much difference as other ERP software cover 91% of the functions and features of purchasing management. Also, Microsoft dynamics has many other benefits too.
7. Quality Management
In quality management functions, Dynamics can offer you the coverage of 99%. This gives a huge advantage to D365 as the other competitive software is only covering 82%.
8. Sales Management
For the sales management module, Dynamics 365 has the support of 96% of the functions. Meanwhile, other ERP solutions will only be supporting 90% of functions. This is giving a noticeable difference between Dynamics and other ERP solutions.
9. Customer Support
Dynamics 365 covers many customer support modules, along with automated bots and solutions. However, it can complex for the employees, and they will need training programs. You can find many of them from Microsoft as they are online or consult your vendor for it. They can offer you a great package for training your employees.
Determine if Dynamics 365 fits your organization’s needs
Now choosing between the simple ERP solutions of taking up the challenging Dynamics 365 by Microsoft can be difficult. It is up to you, and you must figure it out considering the size of your business and other needs for ERP solutions. Suppose you are a larger company with various departments in it. This might mean you probably need a huge and accessible system for the whole organization.
So, do you think that Dynamics 365 is suitable for following and can cover these industries?
- ERP solution for small business
- ERP solution for schools
- ERP solution for the manufacturing industry
- ERP solution for educational institute
- ERP solution for the construction industry
- ERP solution for hospital management
Dynamics 365 is completely suitable because it is offering four main ERP solutions:
- Dynamics AX
- Dynamics NAV
- Dynamics GP
- SL plus CRM software (Microsoft Dynamics CRM) and Software for retail business.
Most of these solutions are perfectly fit for small to medium-sized businesses covering the HR and financial management departments smartly. However, AX may have more tendency for larger organizations operating in different countries.
Still, different solutions have different features, and they can offer perfect systems for all of the above mentioned ERP solutions. All of the given choices by Microsoft makes it easier for businesses to choose a selective ERP solution as per their business needs.
If you are still wondering, you can contact the DFSM consultants as they are experts and will be helpful to guide you. Further, you can easily choose the solution suitable for your organization. Talk to the experts for the implementation and integration of the solutions now!!