Unfortunately, this question has no straightforward answer.
Businesses deciding on which Microsoft dynamics 365 ERP to select different points of decisions, and the first one is cost. We can see that Dynamics 365 Business Central can be less than half the price of D365 for FO, which comprises on 20-user minimum. Back in the day, Microsoft used to direct the number of users to guide businesses to the “Enterprise” version, but today it is not that easy.
The business process and its complexity play a more vital role in choosing the edition of the software. If you have a fixed budget and a limited number of users, the better option is to see if Business Central is supportive of your business operations or not. With large complexes in the businesses, the smart choice is to look at Dynamics 365 for Finance and Operations. Microsoft Dynamics 365 Customer Engagement has the full functionality of the CRM. Well, you can still find some of the CRM features in Business Central.
For meeting the complex needs of the business needs, Microsoft Dynamics 365 offers modular configuration, especially for the functions like retail or field service. Microsoft is offering full strength in connections to productivity tools for business intelligence and mobile capabilities.
Basic Difference amid Microsoft Dynamics 365 Business Central & Finance + Operations
The only way to find out the difference between the Microsoft Dynamics 365 Business Central and Finance & Operations is to compare their features. In the end, it is about the complexity of the business operations and which one is capable of fulfilling it.
Business Central Main Features
Business central is known to be a revamp of Nav. It includes all the Nav’s functionalities, but users now get the options to choose if they want their ERP on the premises or host it on the cloud. It enables intelligent predictability, provides easy financial management, and one can always prioritize the sales considering the factors like revenue. Some of the highlights of the features of Business Central Australia are:
- Basic General Ledger
- Basic Fixed assets
- Bank Account management
- Audit Trails
- Full CRM Functionality
- Supply Chain Management
- Human Resources Management
- Project Management
- Instant reporting
- Outlook integration Reason Codes
- Service order management
- Power BI, PowerApps, and flow
All of these features are representing the quality functions to manage the business operations in an organized manner.
Dynamics Finance & Operations main features
As we all know that Dynamics Finance & operations are the revamp of the AX. It also can host on both premises and cloud. With it, you can use PowerApps, get access to real-time information, a dashboard, and adaptability or the changes. The features you might be familiar with or looking for in your business solutions are:
Some of the common benefits of dynamics 365 finance and operations:
- Automation of Financial Operations
- Prediction of Future Outcomes
Features & functions For Finance:
- Accounts payable
- Accounts receivable
- General ledger and financial reporting
- Project management and accounting
- Public sector
- Cash and bank management
- Cost accounting
- Expense management
- Financial reporting
- Fixed assets
Features of Dynamics 365 for Supply Chain management:
- Asset management
- Production control
- Sales and marketing
- Service management
- Transportation management
- Warehouse management
- Cost accounting
- Cost management
- Inventory management
- Master planning
- Procurement and sourcing
- Product information management
These are the simple functions and well-known Dynamics 365 finance and operations features. However, you may still find yourself questioning a few things, so let us help you with it.
Let us decide for you!
Ultimately, you will look into the expert to help you determine the best that can save you both time and money. You can talk to the Microsoft certified partners as they have worked with Microsoft CRM and ERP systems and they have dealt with the evolution of Dynamics 365.
DFSM start by understanding your business requirements and then match the solution that best fits. We will help you understand the implications and limitations of licensing, which in themselves can be daunting. Most importantly, they can help you establish the right software and technology foundation to support your long-term business strategies.